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Century 21 costs and fees

The average cost to open one of the 200 biggest franchises in the US is $1,202,874 — see how Century 21 compares.


Fact checked
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.

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 and include opening fees and expenses only. Your location 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 2019.

How to finance

The best way to finance Century 21 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 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

Data indicated here is updated regularly
Name Product Filter Values Min. Amount Max. Amount Requirements
Lendio business loans
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
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
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
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
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.

Compare up to 4 providers

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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