Coldwell Banker Commercial franchise financing options

Overall costs for Coldwell Banker Commercial run anywhere from $19,000 to $84,700. 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 Coldwell Banker Commercial franchise may result in higher or lower fees.

Franchise fees

Coldwell Banker Commercial franchise fees total around $10,000, which beats out the $37,000 average for the 200 largest franchises nationwide.

Franchise	Cost
Initial franchise fee	$0 to $20,000
Royalty fees	6% of the aggregate gross revenue for all the franchiseeu2019s offices up to $1,000,000 per calendar year for which payments were timely made and 3% of the aggregate gross revenue in excess of $1,000,000 per calendar year.
Estimated total	$0 to $20,000

Equipment fees

Equipment fees total $21,500 for Coldwell Banker Commercial. This is less than the $180,023 average for the top 200 franchises.

Equipment	Cost
Property signs	$8,000 to $20,000
Computer equipment for electronic data system	$5,000 to $10,000
Estimated total	$13,000 to $30,000

Real estate fees

Real estate will set you back $10,350 for Coldwell Banker Commercial, thought it's less than the average of $788,376 for the top 200 franchises.

Real estate	Cost
Office identity signs	$700 to $20,000
Estimated total	$700 to $20,000

Training fees

Coldwell Banker Commercial initial training costs total $1,750, which comes in under the nationwide average of $9,788.

Training	Cost
Orientation	$800 to $2,700
Estimated total	$800 to $2,700

Marketing costs

Advertisement and marketing costs total up to $6,250 for Coldwell Banker Commercial, beating out the nationwide average of $9,938.

Marketing	Cost
Printed materials	$1,500 to $3,000
Other local advertising and grand opening promotion	$3,000 to $5,000
Estimated total	$4,500 to $8,000

Administrative fees

Coldwell Banker Commercial administrative fees total up to $2,000 — which comes in under the overall nationwide average of $6,761.

Admin	Cost
Legal expenses	$0 to $4,000
Estimated total	$0 to $4,000

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 Coldwell Banker Commercial is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the Coldwell Banker Commercial franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to Coldwell Banker Commercial 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 $51,850 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 Coldwell Banker Commercial.

• 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 Coldwell Banker Commercial 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 $19,000. 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.

How Coldwell Banker Commercial stacks up

Compare how Coldwell Banker Commercial holds up against two similarly sized franchises.

	Cruise Planners	Coldwell Banker Commercial	Coldwell Banker Residential
Average Franchise fees	NA	$10,000	$12,500
Average Equipment fees	NA	$21,500	$22,525
Average Real estate fees	NA	$10,350	NA
Average Training fees	NA	$1,750	$1,750
Average Inventory fees	NA	NA	NA
Average Marketing fees	NA	$6,250	$6,300
Average Licenses and permits fees	NA	NA	NA
Average Insurance fees	NA	NA	NA
Average Admin fees	NA	$2,000	$8,000
Average Personnel fees	NA	NA	$450
Average Other fees	NA	NA	$75,375

Bottom line

Coldwell Banker Commercial franchise costs run a total of $51,850. 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.