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 Club Pilates franchise may result in higher or lower fees.
|Initial franchise fee||$60,000 to $60,000|
|Royalty||7% of gross sales.|
|Estimated total||$60,000 to $60,000|
|Signage||$10,000 to $18,000|
|Pilates and other exercise equipment||$7,600 to $8,400|
|Furniture, fixtures and related supplies||$17,500 to $19,500|
|Computer system and related equipment||$2,500 to $3,500|
|Estimated total||$37,600 to $49,400|
|Real estate and lease||$7,000 to $35,000|
|Leasehold improvements||$20,000 to $120,000|
|Estimated total||$27,000 to $155,000|
|Proprietary initial inventory kit||$12,000 to $12,000|
|Estimated total||$12,000 to $12,000|
|Initial marketing spend, including amounts on opening support program||$15,000 to $15,000|
|Estimated total||$15,000 to $15,000|
|Licenses and permits||Cost|
|Licenses and permits||$500 to $5,000|
|Estimated total||$500 to $5,000|
|Insurance||$900 to $2,500|
|Estimated total||$900 to $2,500|
|Shipping||$4,300 to $9,200|
|Technology fee||The thenu2010current technology fee for the technology services the franchisor provides as part of the system. Currently, $150/month.|
|Estimated total||$4,300 to $9,200|
|Professional fees||$4,500 to $4,500|
|Installation||$5,500 to $8,000|
|Three months' additional funds||$10,000 to $40,000|
|Estimated total||$20,000 to $52,500|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|Pita Pit||Club Pilates||Pure Barre|
|Average Franchise fees||$27,000||$60,000||$60,000|
|Average Equipment fees||$118,302||$43,500||$60,500|
|Average Real estate fees||$218,085||$91,000||$122,750|
|Average Training fees||$2,100||NA||$24,250|
|Average Inventory fees||$6,500||$12,000||$15,000|
|Average Marketing fees||$3,751||$15,000||$15,000|
|Average Licenses and permits fees||$600||$2,750||$2,500|
|Average Insurance fees||$486||$1,700||$1,700|
|Average Admin fees||$1,500||$6,750||$4,700|
|Average Personnel fees||$1,415||NA||NA|
|Average Other fees||$29,325||$36,250||$25,000|
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.
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