Editor's choice: OnDeck business lines of credit
- Business loan amounts up to $250k
- Repayment terms up to 18 months
- $100k in annual revenue required
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Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Budget Blinds franchise may result in higher or lower fees.
|Initial franchise fee||$19,950 to $19,950|
|Initial territory fee||$70,000 to $70,000|
|Additional territory fee for second territory purchased at the same time||$0 to $60,000|
|Royalty||Monthly payment: $300 u2013 months 1-6 $700 u2013 months 7-12 $1,100 u2013 months 13-24 $1,500 u2013 months 25-36$2,000 from then on|
|Estimated total||$89,950 to $149,950|
|Work vehicle||$10,000 to $48,000|
|Computer||$1,200 to $2,000|
|Credit card terminal||$30 to $500|
|Telephone equipment||$60 to $120|
|Additional tools and supplies||$100 to $1,500|
|Estimated total||$11,390 to $52,120|
|Excess costs of training||$250 to $2,500|
|Initial training||First 2 attendees are free. Each additional attendee pays $100 per day.|
|Estimated total||$250 to $2,500|
|Licenses and permits||Cost|
|Contractor's license and bond||$0 to $1,500|
|Estimated total||$0 to $1,500|
|Auto insurance||$500 to $2,400|
|Commercial general liability insurance||$500 to $2,400|
|Estimated total||$1,000 to $4,800|
|Professional services||$750 to $3,500|
|Three months' additional funds||$22,000 to $40,000|
|Estimated total||$22,750 to $43,500|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|Valvoline Instant Oil Change||Budget Blinds||Cold Stone Creamery|
|Average Franchise fees||NA||$119,950||$17,500|
|Average Equipment fees||$3,200,312,500||$31,755||$83,100|
|Average Real estate fees||$215,000,059,625||NA||$116,500|
|Average Training fees||$7,500||$1,375||$5,425|
|Average Inventory fees||$26,000||NA||$4,500|
|Average Marketing fees||$8,750||NA||$7,500|
|Average Licenses and permits fees||$30,000||$750||$1,750|
|Average Insurance fees||NA||$2,900||$1,500|
|Average Admin fees||NA||NA||$1,350|
|Average Personnel fees||NA||NA||$500|
|Average Other fees||$57,500||$33,125||$22,463|
A business line of credit is a useful tool. But as a startup, you may not qualify for the best interest rates with most lenders. Explore your options — and alternatives — for flexible funding as a new business.
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