EarthWise Pet Supply franchise financing options

Overall costs for EarthWise Pet Supply run anywhere from $135,000 to $267,000. 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 2022 from Franchise Direct and include opening fees and expenses only. The location you choose for your EarthWise Pet Supply franchise may result in higher or lower fees.

Franchise fees

EarthWise Pet Supply franchise fees total around $39,500, which is more than the $37,000 average for the 200 largest franchises.

Franchise	Cost
Initial franchise fee	$39,500 to $39,500
Royalty	4% of gross revenue derived from the retail sale of products; 6% of gross revenue derived from pet grooming services; and 12% of gross revenue derived from any other services or means.
Estimated total	$39,500 to $39,500

Equipment fees

Equipment fees total $54,250 for EarthWise Pet Supply. This is less than the $180,023 average for the top 200 franchises.

Equipment	Cost
Furnishings, fixtures and equipment	$20,000 to $60,000
Security system	$500 to $3,000
Signage	$5,000 to $20,000
Estimated total	$25,500 to $83,000

Training fees

EarthWise Pet Supply initial training costs total $23,500 — more than the nationwide average of $9,788.

Training	Cost
Initial training fee	$19,500 to $19,500
Travel and living expenses while training	$500 to $7,500
Estimated total	$20,000 to $27,000

Marketing costs

Advertisement and marketing costs total up to $16,500 for EarthWise Pet Supply, which is more than the nationwide average of $9,938.

Marketing	Cost
Grand opening advertising	$9,000 to $24,000
Estimated total	$9,000 to $24,000

Other expenses

Miscellaneous expenses for EarthWise Pet Supply total $67,250 — less than the nationwide average of $69,970.

Other	Cost
Three months' additional funds	$41,000 to $93,500
Estimated total	$41,000 to $93,500

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 2022.

How to finance

Since the estimated total for EarthWise Pet Supply is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the EarthWise Pet Supply franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to EarthWise Pet Supply 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 $201,000 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 EarthWise Pet Supply — 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 EarthWise Pet Supply 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 EarthWise Pet Supply 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 $135,000. 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 EarthWise Pet Supply stacks up

Compare how EarthWise Pet Supply holds up against two similarly sized franchises.

	Concrete Craft	EarthWise Pet Supply	Totally Nutz
Average Franchise fees	NA	$39,500	$27,500
Average Equipment fees	NA	$54,250	$1,324
Average Real estate fees	NA	NA	$3,000
Average Training fees	NA	$23,500	$1,850
Average Inventory fees	NA	NA	NA
Average Marketing fees	NA	$16,500	NA
Average Licenses and permits fees	NA	NA	$275
Average Insurance fees	NA	NA	$988
Average Admin fees	NA	NA	NA
Average Personnel fees	NA	NA	NA
Average Other fees	NA	$67,250	$3,500

Bottom line

EarthWise Pet Supply franchise costs run a total of $201,000. 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.