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 Circle K franchise may result in higher or lower fees.
|Initial franchise fee||$0 to $25,000|
|Grand opening costs||$5,000 to $10,000|
|Estimated total||$5,000 to $35,000|
|Fixtures, furniture and equipment||$175,000 to $325,000|
|EPOS and computer systems||$39,000 to $46,000|
|Signs||$15,000 to $85,000|
|Estimated total||$229,000 to $456,000|
|Real estate||Varies to|
|Construction, remodeling, and leasehold improvements||$175,000 to $950,000|
|Other site development costs, including site development fee||$120,750 to $300,750|
|Utility deposits||$1,500 to $5,000|
|Estimated total||$297,250 to $1,255,750|
|Back-office system training fee||$1,000 to $1,000|
|Travel and living expenses while training||$3,500 to $15,500|
|Estimated total||$4,500 to $16,500|
|Merchandise inventory||$60,000 to $100,000|
|Estimated total||$60,000 to $100,000|
|Licenses and permits||Cost|
|Security deposits and licenses and permits||$2,000 to $10,000|
|Estimated total||$2,000 to $10,000|
|Insurance||$4,500 to $12,000|
|Estimated total||$4,500 to $12,000|
|Vendor deposits||$0 to $16,000|
|Network fee||The then-current fee; currently $50 per month.|
|Communications fee||The then-current fee; currently $80 per month.|
|Estimated total||$0 to $16,000|
|Professional fees||$1,000 to $5,000|
|Three months' additional funds||$10,000 to $20,000|
|Estimated total||$11,000 to $25,000|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|Century 21||Circle K||BNI Global|
|Average Franchise fees||$12,500||$20,000||$45,000|
|Average Equipment fees||$21,400||$342,500||$7,500|
|Average Real estate fees||NA||$776,500||$750|
|Average Training fees||NA||$10,500||$5,200|
|Average Inventory fees||NA||$80,000||NA|
|Average Marketing fees||$5,000||NA||$750|
|Average Licenses and permits fees||NA||$6,000||NA|
|Average Insurance fees||$1,500||$8,250||$2,250|
|Average Admin fees||$23,150||$8,000||NA|
|Average Personnel fees||$450||NA||NA|
|Average Other fees||$375||$18,000||$9,000|
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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