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 Ductz franchise may result in higher or lower fees.
|Initial franchise fee||$14,900 to $74,900|
|Royalty||10% of gross sales generated; if franchisees fail to achieve the minimum gross sales that the franchisor designates it may collect a minimum royalty.|
|Estimated total||$14,900 to $74,900|
|Initial package fee||$5,800 to $25,500|
|Computer system||$0 to $1,500|
|Estimated total||$5,800 to $27,000|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|Average Franchise fees||$22,500||$44,900||$29,000|
|Average Equipment fees||$88,500||$16,400||NA|
|Average Real estate fees||$129,250||NA||NA|
|Average Training fees||NA||NA||$1,000|
|Average Inventory fees||$6,500||NA||$22,500|
|Average Marketing fees||$5,000||NA||$1,750|
|Average Licenses and permits fees||NA||NA||NA|
|Average Insurance fees||NA||NA||NA|
|Average Admin fees||NA||NA||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$10,900||NA||NA|
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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