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 Cinnabon franchise may result in higher or lower fees.
|Initial franchise fee||$30,000 to $30,000|
|Royalty||For Full Bakeries, Express Bakeries (that are not in a Schlotzskyu2019s), and Concession Bakeries, 6.0% of net sales.|
|Estimated total||$30,000 to $30,000|
|Equipment package||$40,500 to $46,000|
|Millwork||$29,000 to $40,000|
|Furniture||$0 to $0|
|Menu board, graphics and interior signage||$6,250 to $12,700|
|Exterior signage||$2,500 to $6,800|
|Smallwares||$2,500 to $3,500|
|Estimated total||$80,750 to $109,000|
|Construction and build-out costs||$50,000 to $175,000|
|Architect and engineer||$6,500 to $8,500|
|Rent||$4,000 to $10,000|
|Security deposits||$0 to $15,000|
|Estimated total||$60,500 to $208,500|
|Computer system and software training||$8,000 to $12,600|
|Travel and living expenses during training||$2,500 to $5,000|
|Estimated total||$10,500 to $17,600|
|Opening inventory||$5,000 to $8,000|
|Estimated total||$5,000 to $8,000|
|Grand opening marketing||$3,000 to $5,000|
|Estimated total||$3,000 to $5,000|
|Licenses and permits||Cost|
|Permits||$500 to $1,000|
|Estimated total||$500 to $1,000|
|Insurance||$2,000 to $5,000|
|Estimated total||$2,000 to $5,000|
|Legal and accounting fees||$5,000 to $10,000|
|Estimated total||$5,000 to $10,000|
|Miscellaneous opening costs and office supplies||$1,800 to $6,800|
|Three months' additional funds||$15,000 to $30,000|
|Estimated total||$16,800 to $36,800|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|Average Franchise fees||$15,000||$30,000||NA|
|Average Equipment fees||$350,750||$94,875||NA|
|Average Real estate fees||$631,425||$134,500||NA|
|Average Training fees||$11,500||$14,050||NA|
|Average Inventory fees||NA||$6,500||NA|
|Average Marketing fees||NA||$4,000||NA|
|Average Licenses and permits fees||$450||$750||NA|
|Average Insurance fees||$8,750||$3,500||NA|
|Average Admin fees||$9,525||$7,500||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$115,000||$26,800||NA|
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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