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Noble Roman’s franchise financing options
Compare costs, fees and where to get financing for a Noble Roman's.
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 Noble Roman's franchise may result in higher or lower fees.
Franchise feesNoble Roman's franchise fees total around $8,750, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Initial franchise fee||$7,500 to $10,000|
|Estimated total||$7,500 to $10,000|
Equipment feesEquipment fees total $64,450 for Noble Roman's. This is less than the $180,023 average for the top 200 franchises.
|Smallwares||$400 to $1,500|
|Equipment||$11,000 to $110,000|
|Exterior signs||$0 to $6,000|
|Estimated total||$11,400 to $117,500|
Real estate feesReal estate will set you back $37,750 for Noble Roman's, thought it's less than the average of $788,376 for the top 200 franchises.
|Remodeling costs||$500 to $75,000|
|Estimated total||$500 to $75,000|
Training feesNoble Roman's initial training costs total $350, which comes in under the nationwide average of $9,788.
|Initial training expenses||$200 to $500|
|Estimated total||$200 to $500|
Inventory costsInitial inventory for Noble Roman's shakes out to $3,500. This is less than the nationwide average of $53,119.
|Uniforms and inventory||$1,000 to $6,000|
|Estimated total||$1,000 to $6,000|
Marketing costsAdvertisement and marketing costs total up to $2,525 for Noble Roman's, beating out the nationwide average of $9,938.
|Marketing package||$1,000 to $3,000|
|Interior signs||$300 to $750|
|Estimated total||$1,300 to $3,750|
How to financeSince the estimated total for Noble Roman's is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Noble Roman's franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Noble Roman's 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 $117,325 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 Noble Roman's — 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 Noble Roman's 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 $21,900. 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 Noble Roman's stacks upCompare how Noble Roman's holds up against two similarly sized franchises.
|Jimmy Johnu2019s||Noble Roman's||Chick-fil-A|
|Average Franchise fees||$32,500||$8,750||NA|
|Average Equipment fees||$131,850||$64,450||NA|
|Average Real estate fees||$168,250||$37,750||NA|
|Average Training fees||$10,500||$350||NA|
|Average Inventory fees||$6,000||$3,500||NA|
|Average Marketing fees||$4,000||$2,525||NA|
|Average Licenses and permits fees||NA||NA||NA|
|Average Insurance fees||$13,250||NA||NA|
|Average Admin fees||NA||NA||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$68,500||NA||NA|
Bottom lineNoble Roman's franchise costs run a total of $117,325. 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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