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 Caring Transitions franchise may result in higher or lower fees.
|Initial franchise fee||$44,900 to $44,900|
|Estimated total||$44,900 to $44,900|
|Furniture and equipment||$500 to $1,000|
|Computer system||$1,000 to $3,000|
|Estimated total||$1,500 to $4,000|
|Initial rent, telephone, bank and other deposits||$350 to $2,000|
|Monthly office rental payment||$200 to $1,000|
|Estimated total||$550 to $3,000|
|Travel and living expenses while training||$750 to $1,500|
|Certified relocation transition specialist training and test||$0 to $1,100|
|Estimated total||$750 to $2,600|
|Grand opening promotion||$3,000 to $4,000|
|Estimated total||$3,000 to $4,000|
|Insurance||$1,000 to $3,000|
|Estimated total||$1,000 to $3,000|
|Web hosting service||$100|
|Membership and association fees||$500|
|Estatesales.net||$112 to $112|
|Legal expenses||Amount of expense advanced plus 18% interest.|
|Estimated total||$112 to $112|
|Sales employee||$2,500 to $2,500|
|Estimated total||$2,500 to $2,500|
|Six months' additional funds||$4,000 to $18,000|
|Estimated total||$4,000 to $18,000|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|AdvantaClean||Caring Transitions||National Property Inspections|
|Average Franchise fees||$19,950||$44,900||$34,900|
|Average Equipment fees||$42,700||$2,750||$1,125|
|Average Real estate fees||$3,000||$1,775||NA|
|Average Training fees||NA||$1,675||$738|
|Average Inventory fees||NA||NA||NA|
|Average Marketing fees||$3,750||$3,500||$575|
|Average Licenses and permits fees||$4,000||NA||$300|
|Average Insurance fees||$3,250||$2,000||$625|
|Average Admin fees||$1,250||$112||$1,400|
|Average Personnel fees||NA||$2,500||$250|
|Average Other fees||NA||$11,000||$1,775|
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.
The Restaurant Revitalization Grant offers grants of up to $10 million to make up for revenue lost during COVID-19.
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