Arby’s franchise financing options

Overall costs for Arby's run anywhere from $616,550 to $2,268,200. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2022 from Franchise Direct and include opening fees and expenses only. The location you choose for your Arby's franchise may result in higher or lower fees.

Equipment fees

Equipment fees total $371,000 for Arby's. This costs more than the $180,023 average for the top 200 franchises.

Equipment	Cost
Equipment	$200,000 to $262,000
Computer hardware and software for point-of-sale system	$40,000 to $55,000
Decor package	$27,000 to $45,000
Signage and drive-through	$25,000 to $88,000
Estimated total	$292,000 to $450,000

Real estate fees

Real estate will set you back $919,875 for Arby's, which is more expensive than the average of $788,376 for the top 200 franchises.

Real estate	Cost
Development fee	$6,250 to $12,500
Real property and occupancy charge	Varies to
Site costs	$1,000 to $451,000
Landscaping	$0 to $63,000
Civil and architectural drawings and professional fees	$6,000 to $219,000
Zoning and permitting costs	$2,000 to $112,000
Building costs	$236,000 to $731,000
Lease deposits and payments	Variable to
Estimated total	$251,250 to $1,588,500

Inventory costs

Initial inventory for Arby's shakes out to $22,000. This is less than the nationwide average of $53,119.

Inventory	Cost
Opening inventory	$18,000 to $26,000
Estimated total	$18,000 to $26,000

Licenses and permits costs

Arby's initial licenses and permits will set you back $31,750. This comes out to more than $18,770 — the overall nationwide average.

Licenses and permits	Cost
License fee	$0 to $37,500
Business licenses, health permits and utilities deposits	$1,000 to $25,000
Estimated total	$1,000 to $62,500

Personnel costs

Uniforms, name tags and the like make up personnel costs, and for Arby's it will run you $31,250. The nationwide average cost of personnel fees comes in at $22,818, which means you'll be paying more than average to outfit your employees.

Personnel	Cost
Pre-opening wages	$21,300 to $41,200
Estimated total	$21,300 to $41,200

Other expenses

Miscellaneous expenses for Arby's total $66,500 — less than the nationwide average of $69,970.

Other	Cost
Working capital and additional funds	$33,000 to $100,000
Estimated total	$33,000 to $100,000

All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2022.

How to finance

Since the estimated total for Arby's is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the Arby's franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to Arby's about in-house financing for franchisees.
3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $1,442,375 estimated opening costs.
4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
5. Once you settle on a lender, gather all required documents, including account statements and assets.
6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Arby's — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.

• Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
• Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Arby's opening costs.
• SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.

Also check if Arby's franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $616,550. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.

How Arby's stacks up

Compare how Arby's holds up against two similarly sized franchises.

	Chem-Dry	Arby's	Popeyes Louisiana Kitchen
Average Franchise fees	$23,500	NA	$50,000
Average Equipment fees	$65,145	$371,000	$325,000
Average Real estate fees	$2,000	$919,875	$913,750
Average Training fees	$2,125	NA	$20,700
Average Inventory fees	NA	$22,000	NA
Average Marketing fees	$7,500	NA	NA
Average Licenses and permits fees	$2,200	$31,750	NA
Average Insurance fees	$3,300	NA	NA
Average Admin fees	NA	NA	$17,250
Average Personnel fees	NA	$31,250	NA
Average Other fees	NA	$66,500	$161,500

Bottom line

Arby's franchise costs run a total of $1,442,375. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.