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Archadeck costs and fees

The average cost to open one of the 200 biggest franchises in the US is $1,202,874 — see how Archadeck compares.

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Overall costs for Archadeck run anywhere from $12,350 to $61,300. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

How COVID-19 affects franchising costs

Strict sanitation and employee protection measures during the coronavirus outbreak add to the typical costs you face when opening a new franchise. Paired with the unusually heavy amount of promotions that may be required by the franchise, you may not see as much in the way of profits starting out. For more information on what support is out there, read our guide to loans for businesses affected by the coronavirus.

Estimated initial costs

Our cost estimates are accurate as of 2019 from https://www.franchisedirect.com and include opening fees and expenses only. Your location may result in higher or lower fees.

Franchise fees

Archadeck franchise fees total around $27,225, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $4,950 to $49,500
Royalty Franchisees must pay a royalty based on monthly gross sales equal to:$0 to $1,000,000: 6.5%Over $1,000,000 to $2,000,000: 5.5%Over $2,000,000 to $3,000,000: 4.5%Over $3,000,000: 3.5%Beginning in the second full calendar year following the Operational Start Date (as defined in the Franchise Agreement), during the months of March through November, the royalty must exceed $1,500.
Estimated total $4,950 to $49,500

Equipment fees

Equipment fees total $6,100 for Archadeck. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Tools and equipment $1,000 to $2,500
Computer hardware and software $3,900 to $4,800
Estimated total $4,900 to $7,300

Training fees

Archadeck initial training costs total $3,500, which comes in under the nationwide average of $9,788.
Training Cost
Travel and living expenses while training $2,500 to $4,500
Estimated total $2,500 to $4,500
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 2019.

How to finance

The best way to finance Archadeck comes down to your personal financial situation. What assets you have available will largely determine how much you need to borrow, and which option suits you best. Potential solutions include:
  • Bank loan. Your personal credit plays a large role in getting a business term loan from a bank. Typically this type of funding is for larger amounts.
  • Online loan. Credit requirements may be more flexible for an online loan than a bank loan, but amounts may max out at a lower amount — typically around $1 million.
  • SBA loan. The good part about SBA loans is that they top out at $5 million, but your business has to meet a number of requirements.
  • Credit card. Small costs that aren't fixed, such as stray inventory and supply purchases, may be better off on a business credit card. Just make sure you can pay it off quickly to avoid high APRs.
Also check if Archadeck 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

Data indicated here is updated regularly
Name Product Filter Values Min. Amount Max. Amount Requirements
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
Fora Financial business loans
$5,000
$500,000
1+ year in business, $250,000+ annual revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.
First Down Funding business loans
$5,000
$300,000
At least 2 years in business, an annual revenue of $300,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
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Compare up to 4 providers

How Archadeck stacks up

Compare how Archadeck holds up against two similarly sized franchises.
The Barbershop A Hair Salon for Men Archadeck Great Steak
Average Franchise fees $35,000 $27,225 $17,800
Average Equipment fees $30,000 $6,100 $21,000
Average Real estate fees $105,000 NA $150,250
Average Training fees $4,500 $3,500 NA
Average Inventory fees $4,000 NA $4,750
Average Marketing fees $12,500 NA NA
Average Licenses and permits fees NA NA NA
Average Insurance fees NA NA $3,000
Average Admin fees NA NA $725
Average Personnel fees NA NA NA
Average Other fees $2,750 NA $21,125

Bottom line

Archadeck franchise costs run a total of $36,825. 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.

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