Doc Popcorn franchise financing options

Overall costs for Doc Popcorn run anywhere from $90,500 to $242,550. 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 Doc Popcorn franchise may result in higher or lower fees.

Franchise fees

Doc Popcorn 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	6% of gross revenue.
Estimated total	$7,500 to $15,000

Equipment fees

Equipment fees total $22,750 for Doc Popcorn. This is less than the $180,023 average for the top 200 franchises.

Equipment	Cost
Vehicle	$0 to $12,000
Computer equipment	$3,000 to $6,000
Signage	$3,500 to $12,000
Computer system	$3,000 to $6,000
Estimated total	$9,500 to $36,000

Real estate fees

Real estate will set you back $113,250 for Doc Popcorn, thought it's less than the average of $788,376 for the top 200 franchises.

Real estate	Cost
Real estate lease	$1,000 to $32,000
Construction	$63,500 to $130,000
Estimated total	$64,500 to $162,000

Training fees

Doc Popcorn initial training costs total $4,525, which comes in under the nationwide average of $9,788.

Training	Cost
Initial training expenses	$1,000 to $3,550
Travel and living expenses	$1,000 to $3,500
Estimated total	$2,000 to $7,050

Inventory costs

Initial inventory for Doc Popcorn shakes out to $7,000. This is less than the nationwide average of $53,119.

Inventory	Cost
Opening inventory	$4,000 to $10,000
Estimated total	$4,000 to $10,000

Other expenses

Miscellaneous expenses for Doc Popcorn total $7,750 — less than the nationwide average of $69,970.

Other	Cost
Miscellaneous opening costs	$3,000 to $12,500
Estimated total	$3,000 to $12,500

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 Doc Popcorn is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the Doc Popcorn franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to Doc Popcorn 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 $166,525 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?

You have several options when it comes to financing a Doc Popcorn — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.

• Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
• Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Doc Popcorn opening costs.
• SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.

Also check if Doc Popcorn 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 $90,500. 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 Doc Popcorn stacks up

Compare how Doc Popcorn holds up against two similarly sized franchises.

	ARCpoint Labs	Doc Popcorn	Re-Bath
Average Franchise fees	$49,500	$11,250	NA
Average Equipment fees	$9,750	$22,750	NA
Average Real estate fees	$29,000	$113,250	NA
Average Training fees	$17,250	$4,525	NA
Average Inventory fees	$1,625	$7,000	NA
Average Marketing fees	NA	NA	NA
Average Licenses and permits fees	$488	NA	NA
Average Insurance fees	NA	NA	NA
Average Admin fees	NA	NA	NA
Average Personnel fees	NA	NA	NA
Average Other fees	$65,000	$7,750	NA

Bottom line

Doc Popcorn franchise costs run a total of $166,525. 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.