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Hungry Howie’s Pizza franchise financing options
Compare costs, fees and where to get financing for a Hungry Howie's Pizza.
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 Hungry Howie's Pizza franchise may result in higher or lower fees.
Franchise feesHungry Howie's Pizza franchise fees total around $33,750, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Franchise fee||$12,500 to $25,000|
|Franchise grand opening fee||$15,000 to $15,000|
|Estimated total||$27,500 to $40,000|
Equipment feesEquipment fees total $134,513 for Hungry Howie's Pizza. This is less than the $180,023 average for the top 200 franchises.
|Equipment and fixtures||$97,700 to $143,400|
|Point-of-sale system||$1,211 to $1,515|
|Signs||$7,500 to $17,700|
|Estimated total||$106,411 to $162,615|
Real estate feesReal estate will set you back $207,600 for Hungry Howie's Pizza, thought it's less than the average of $788,376 for the top 200 franchises.
|Real estate, per month||$2,200 to $4,000|
|Security deposits||$2,200 to $4,000|
|Leasehold improvements||$74,900 to $305,500|
|Architectural drawings and local plan review fees||$7,500 to $14,900|
|Estimated total||$86,800 to $328,400|
Training feesHungry Howie's Pizza initial training costs total $4,150, which comes in under the nationwide average of $9,788.
|Travel and living expenses during training||$3,000 to $5,300|
|Estimated total||$3,000 to $5,300|
Inventory costsInitial inventory for Hungry Howie's Pizza shakes out to $9,200. This is less than the nationwide average of $53,119.
|Opening inventory||$6,400 to $12,000|
|Estimated total||$6,400 to $12,000|
Insurance costsInitial insurance costs for Hungry Howie's Pizza run $3,200. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance||$700 to $5,700|
|Estimated total||$700 to $5,700|
Administrative feesHungry Howie's Pizza administrative fees total up to $750 — which comes in under the overall nationwide average of $6,761.
|Utility deposit||$0 to $1,500|
|Estimated total||$0 to $1,500|
Other expensesMiscellaneous expenses for Hungry Howie's Pizza total $10,000 — less than the nationwide average of $69,970.
|Three months' additional funds||$0 to $20,000|
|Estimated total||$0 to $20,000|
How to financeSince the estimated total for Hungry Howie's Pizza is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Hungry Howie's Pizza franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Hungry Howie's Pizza about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $403,163 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- 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 Hungry Howie's Pizza — 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 Hungry Howie's Pizza 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.
Compare small business lendersYou may not need financing to cover the estimated $230,811. 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.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Hungry Howie's Pizza stacks upCompare how Hungry Howie's Pizza holds up against two similarly sized franchises.
|Captain Du2019s||Hungry Howie's Pizza||Pearle Vision|
|Average Franchise fees||$40,000||$33,750||NA|
|Average Equipment fees||$318,500||$134,513||$137,861|
|Average Real estate fees||$600,600||$207,600||$190,857|
|Average Training fees||$30,000||$4,150||$1,000|
|Average Inventory fees||$7,000||$9,200||NA|
|Average Marketing fees||NA||NA||NA|
|Average Licenses and permits fees||NA||NA||NA|
|Average Insurance fees||$18,000||$3,200||$2,500|
|Average Admin fees||NA||$750||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$72,000||$10,000||$74,375|
Bottom lineHungry Howie's Pizza franchise costs run a total of $403,163. 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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