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Century 21 franchise financing options

Compare costs, fees and where to get financing for a Century 21.

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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Overall costs for Century 21 run anywhere from $9,700 to $119,050. 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 Century 21 franchise may result in higher or lower fees.

Franchise fees

Century 21 franchise fees total around $12,500, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $0 to $25,000
Estimated total $0 to $25,000

Equipment fees

Equipment fees total $21,400 for Century 21. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Computer equipment and electronic data system $5,000 to $10,000
Exterior signs $800 to $20,000
Yard, open-house and ride signs $2,000 to $5,000
Estimated total $7,800 to $35,000

Marketing costs

Advertisement and marketing costs total up to $5,000 for Century 21, beating out the nationwide average of $9,938.
Marketing Cost
Optional three months' of other advertising $0 to $10,000
Estimated total $0 to $10,000

Insurance costs

Initial insurance costs for Century 21 run $1,500. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance deposits and premiums $500 to $2,500
Insurance Cost of Insurance
Estimated total $500 to $2,500

Administrative fees

Century 21 administrative fees total up to $23,150 — which comes in over the overall nationwide average of $6,761.
Admin Cost
Legal expenses $0 to $4,000
Office supplies $1,000 to $7,500
Website $0 to $30,000
Multiple listing services $0 to $2,000
International management academy $0 to $1,800
Estimated total $1,000 to $45,300

Personnel costs

Uniforms, name tags and the like make up personnel costs, and for Century 21 it will run you $450. The nationwide average cost of personnel fees comes in at $22,818, which means you'll be paying less to outfit your employees.
Personnel Cost
Name badges $150 to $750
Estimated total $150 to $750

Other expenses

Miscellaneous expenses for Century 21 total $375 — less than the nationwide average of $69,970.
Other Cost
Miscellaneous $250 to $500
Estimated total $250 to $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 2021.

How to finance

Since the estimated total for Century 21 is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Century 21 franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Century 21 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 $64,375 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?

Consider one of the following options for covering a portion of the costs to open a Century 21.
  • Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
  • Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
  • Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
  • SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Also check if Century 21 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 $9,700. 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
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.
OnDeck short-term 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.
National Funding business loans
$5,000
$500,000
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.
Fundbox lines of credit
$1,000
$150,000
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.
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How Century 21 stacks up

Compare how Century 21 holds up against two similarly sized franchises.
Groupe Casino Franchise Information Century 21 Circle K
Average Franchise fees NA $12,500 $20,000
Average Equipment fees NA $21,400 $342,500
Average Real estate fees NA NA $776,500
Average Training fees NA NA $10,500
Average Inventory fees NA NA $80,000
Average Marketing fees NA $5,000 NA
Average Licenses and permits fees NA NA $6,000
Average Insurance fees NA $1,500 $8,250
Average Admin fees NA $23,150 $8,000
Average Personnel fees NA $450 NA
Average Other fees NA $375 $18,000

Bottom line

Century 21 franchise costs run a total of $64,375. 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.

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