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 Dippinu2019 Dots franchise may result in higher or lower fees.
|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|
|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|
|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|
|Travel, lodging and meals for initial training||$1,500 to $2,500|
|Estimated total||$1,500 to $2,500|
|Opening inventory||$2,500 to $5,250|
|Estimated total||$2,500 to $5,250|
|Grand opening advertising materials expenditure||$500 to $2,500|
|Printing and signage||$499 to $5,000|
|Estimated total||$999 to $7,500|
|Insurance||$1,500 to $2,500|
|Estimated total||$1,500 to $2,500|
|Office and retail supplies||$100 to $500|
|Reimbursement of audit costs||Actual cost to franchisor.|
|Estimated total||$100 to $500|
|Miscellaneous startup costs||$12,500 to $32,500|
|Six months' additional funds||$10,250 to $63,500|
|Estimated total||$22,750 to $96,000|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|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|
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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