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 Coldwell Banker Commercial franchise may result in higher or lower fees.
|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|
|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|
|Office identity signs||$700 to $20,000|
|Estimated total||$700 to $20,000|
|Orientation||$800 to $2,700|
|Estimated total||$800 to $2,700|
|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|
|Legal expenses||$0 to $4,000|
|Estimated total||$0 to $4,000|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|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|
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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