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Fully Promoted franchise financing options

Compare costs, fees and where to get financing for a Fully Promoted.

Overall costs for Fully Promoted run anywhere from $166,087 to $220,867. 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 Fully Promoted franchise may result in higher or lower fees.

Franchise fees

Fully Promoted 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 The greater of $500 per month or 6% of gross revenues up to $600,000; 4% of gross revenues from $600,000.01 to $1,000,000; and 2% of gross revenues over $1,000,000.
Estimated total $39,500 to $39,500

Equipment fees

Equipment fees total $86,377 for Fully Promoted. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Equipment package $86,377 to $86,377
Estimated total $86,377 to $86,377

Real estate fees

Real estate will set you back $19,750 for Fully Promoted, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate Varies to
Real estate service charge $0 to $3,500
Leasehold improvements $3,000 to $29,500
Security deposit, utility deposits and licenses $500 to $3,000
Estimated total $3,500 to $36,000

Training fees

Fully Promoted initial training costs total $350, which comes in under the nationwide average of $9,788.
Training Cost
Travel and living expenses while at training school $210 to $490
Estimated total $210 to $490

Insurance costs

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

Administrative fees

Fully Promoted administrative fees total up to $1,000 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Opening supplies $500 to $1,500
Technology fee $50 or the then current fee.
Audit Cost of audit plus interest on underpayment.
Estimated total $500 to $1,500

Other expenses

Miscellaneous expenses for Fully Promoted total $45,000 — less than the nationwide average of $69,970.
Other Cost
Up to six months' additional funds $35,000 to $55,000
Estimated total $35,000 to $55,000
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 2021.

How to finance

Since the estimated total for Fully Promoted is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Fully Promoted franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Fully Promoted 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 $193,477 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 Fully Promoted — 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 Fully Promoted 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 Fully Promoted 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 $166,087. 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.
Name Product Filter Values Min. Amount Max. Amount Requirements
Fora Financial business loans
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
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.
National Funding business loans
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.
Fundbox lines of credit
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.
Bitty Advance business cash advances
$5,000 monthly bank revenue, 6+ months in business, business bank account open 3+ months, 450+ credit score
With APRs in the triple digits, this is best saved as a last resort.

Compare up to 4 providers

How Fully Promoted stacks up

Compare how Fully Promoted holds up against two similarly sized franchises.
Aussie Pet Mobile Fully Promoted Puroclean
Average Franchise fees $60,000 $39,500 $50,000
Average Equipment fees $76,700 $86,377 $116,230
Average Real estate fees NA $19,750 $2,750
Average Training fees $9,563 $350 $5,300
Average Inventory fees NA NA NA
Average Marketing fees $1,000 NA $1,100
Average Licenses and permits fees $350 NA $275
Average Insurance fees $550 $1,500 $1,563
Average Admin fees $2,075 $1,000 $813
Average Personnel fees NA NA $350
Average Other fees $2,000 $45,000 $250

Bottom line

Fully Promoted franchise costs run a total of $193,477. 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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