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Dippin’ Dots costs and fees

The average cost to open one of the 200 biggest franchises in the US is $1,202,874 — see how Dippin' Dots compares.

Updated

Fact checked
Overall costs for Dippinu2019 Dots run anywhere from $112,204 to $366,950. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

How COVID-19 affects franchising costs

Strict sanitation and employee protection measures during the coronavirus outbreak add to the typical costs you face when opening a new franchise. Paired with the unusually heavy amount of promotions that may be required by the franchise, you may not see as much in the way of profits starting out. For more information on what support is out there, read our guide to loans for businesses affected by the coronavirus.

Estimated initial costs

Our cost estimates are accurate as of 2019 from https://www.franchisedirect.com and include opening fees and expenses only. Your location may result in higher or lower fees.

Franchise fees

Dippinu2019 Dots franchise fees total around $11,250, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $7,500 to $15,000
Royalty $2.16 per gallon for bulk ice cream products.$0.09 per unit for prepack units.Up to 6% on ancillary items (non-Dippinu2019 Dots manufactured retail food, drink and/or nonfood approved items).
Estimated total $7,500 to $15,000

Equipment fees

Equipment fees total $77,578 for Dippinu2019 Dots. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Credit card and gift card processing $755 to $800
Equipment, including freezers $65,700 to $84,900
Box truck monthly payments to lease or own $1,000 to $2,000
Estimated total $67,455 to $87,700

Real estate fees

Real estate will set you back $78,950 for Dippinu2019 Dots, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Leased warehouse and cold storage $5,000 to $20,000
Real estate and improvements $2,400 to $120,000
Security deposit and prepaid rent $500 to $10,000
Estimated total $7,900 to $150,000

Training fees

Dippinu2019 Dots initial training costs total $2,000, which comes in under the nationwide average of $9,788.
Training Cost
Travel, lodging and meals for initial training $1,500 to $2,500
Estimated total $1,500 to $2,500

Inventory costs

Initial inventory for Dippinu2019 Dots shakes out to $3,875. This is less than the nationwide average of $53,119.
Inventory Cost
Opening inventory $2,500 to $5,250
Estimated total $2,500 to $5,250

Marketing costs

Advertisement and marketing costs total up to $4,250 for Dippinu2019 Dots, beating out the nationwide average of $9,938.
Marketing Cost
Grand opening advertising materials expenditure $500 to $2,500
Printing and signage $499 to $5,000
Estimated total $999 to $7,500

Insurance costs

Initial insurance costs for Dippinu2019 Dots run $2,000. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $1,500 to $2,500
Estimated total $1,500 to $2,500

Administrative fees

Dippinu2019 Dots administrative fees total up to $300 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Office and retail supplies $100 to $500
Reimbursement of audit costs Actual cost to franchisor.
Estimated total $100 to $500

Other expenses

Miscellaneous expenses for Dippinu2019 Dots total $59,375 — less than the nationwide average of $69,970.
Other Cost
Miscellaneous startup costs $12,500 to $32,500
Six months' additional funds $10,250 to $63,500
Estimated total $22,750 to $96,000
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 2019.

How to finance

The best way to finance Dippinu2019 Dots comes down to your personal financial situation. What assets you have available will largely determine how much you need to borrow, and which option suits you best. Potential solutions include:
  • Bank loan. Your personal credit plays a large role in getting a business term loan from a bank. Typically this type of funding is for larger amounts.
  • Online loan. Credit requirements may be more flexible for an online loan than a bank loan, but amounts may max out at a lower amount — typically around $1 million.
  • SBA loan. The good part about SBA loans is that they top out at $5 million, but your business has to meet a number of requirements.
  • Credit card. Small costs that aren't fixed, such as stray inventory and supply purchases, may be better off on a business credit card. Just make sure you can pay it off quickly to avoid high APRs.
Also check if Dippinu2019 Dots 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

Data indicated here is updated regularly
Name Product Filter Values Min. Amount Max. Amount Requirements
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
Fora Financial business loans
$5,000
$500,000
1+ year in business, $250,000+ annual revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.
First Down Funding business loans
$5,000
$300,000
At least 2 years in business, an annual revenue of $300,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
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How Dippinu2019 Dots stacks up

Compare how Dippinu2019 Dots holds up against two similarly sized franchises.
Biggby Coffee Dippinu2019 Dots Soccer Shots
Average Franchise fees $20,000 $11,250 $34,500
Average Equipment fees $65,250 $77,578 $1,000
Average Real estate fees $146,550 $78,950 NA
Average Training fees $2,750 $2,000 $1,500
Average Inventory fees $11,500 $3,875 $300
Average Marketing fees $7,500 $4,250 NA
Average Licenses and permits fees $1,750 NA NA
Average Insurance fees $4,000 $2,000 NA
Average Admin fees $2,275 $300 $1,550
Average Personnel fees NA NA NA
Average Other fees $22,500 $59,375 $4,042

Bottom line

Dippinu2019 Dots franchise costs run a total of $239,577. 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.

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