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Casa de Corazon franchise financing options

Compare costs, fees and where to get financing for a Casa de Corazon.

Editor's choice: OnDeck business lines of credit

  • Business or practice ownership not required
  • No hard annual revenue or time-in-business criteria
  • Multiple loans OK
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Overall costs for Casa de Corazon run anywhere from $271,000 to $329,000. 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 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Casa de Corazon franchise may result in higher or lower fees.

Franchise fees

Casa de Corazon franchise fees total around $70,000, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $70,000 to $70,000
Estimated total $70,000 to $70,000

Equipment fees

Equipment fees total $172,500 for Casa de Corazon. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Furniture and equipment $140,000 to $160,000
Security system $20,000 to $25,000
Estimated total $160,000 to $185,000

Training fees

Casa de Corazon initial training costs total $2,000, which comes in under the nationwide average of $9,788.
Training Cost
Travel and living expenses while training $1,500 to $2,500
Estimated total $1,500 to $2,500

Inventory costs

Initial inventory for Casa de Corazon shakes out to $6,250. This is less than the nationwide average of $53,119.
Inventory Cost
Initial supplies $5,500 to $7,000
Estimated total $5,500 to $7,000

Marketing costs

Advertisement and marketing costs total up to $6,250 for Casa de Corazon, beating out the nationwide average of $9,938.
Marketing Cost
Opening advertising $5,000 to $7,500
Grand opening advertising Franchisees must spend at least $5,000 to market the grand opening of the center.
Estimated total $5,000 to $7,500

Licenses and permits costs

Casa de Corazon initial licenses and permits will set you back $5,500. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Permits and licenses $4,000 to $7,000
Estimated total $4,000 to $7,000

Insurance costs

Initial insurance costs for Casa de Corazon run $15,000. This means you'll be paying more than the overall nationwide average of $6,311.
Insurance Cost
Insurance $10,000 to $20,000
Estimated total $10,000 to $20,000

Other expenses

Miscellaneous expenses for Casa de Corazon total $22,500 — less than the nationwide average of $69,970.
Other Cost
Professional fees $5,000 to $10,000
Miscellaneous expenses $10,000 to $20,000
Estimated total $15,000 to $30,000
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 2021.

How to finance

Since the estimated total for Casa de Corazon is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Casa de Corazon franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Casa de Corazon 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 $300,000 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 Casa de Corazon — 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 Casa de Corazon 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 Casa de Corazon 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 $271,000. 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.
Name Product Filter Values Min. Amount Max. Amount Requirements
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.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
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.
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.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
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How Casa de Corazon stacks up

Compare how Casa de Corazon holds up against two similarly sized franchises.
Zoom Drain Casa de Corazon Deck the Walls
Average Franchise fees $35,000 $70,000 $15,500
Average Equipment fees NA $172,500 $35,121
Average Real estate fees $6,000 NA $18,535
Average Training fees $1,750 $2,000 $1,250
Average Inventory fees NA $6,250 $6,990
Average Marketing fees $52,500 $6,250 $16,250
Average Licenses and permits fees NA $5,500 NA
Average Insurance fees NA $15,000 $1,800
Average Admin fees NA NA NA
Average Personnel fees NA NA NA
Average Other fees $76,750 $22,500 $1,500

Bottom line

Casa de Corazon franchise costs run a total of $300,000. 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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