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Paris Baguette franchise financing options
Compare costs, fees and where to get financing for a Paris Baguette.
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 Paris Baguette franchise may result in higher or lower fees.
Franchise feesParis Baguette franchise fees total around $50,000, which is more than the $37,000 average for the 200 largest franchises.
|Initial franchise fee||$50,000 to $50,000|
|Estimated total||$50,000 to $50,000|
Equipment feesEquipment fees total $246,060 for Paris Baguette. This costs more than the $180,023 average for the top 200 franchises.
|Equipment and fixtures||$165,156 to $208,438|
|Signs||$9,505 to $29,886|
|Smallwares||$20,570 to $25,000|
|Point-of-sale system, software and surveillance equipment||$13,827 to $19,738|
|Estimated total||$209,058 to $283,062|
Real estate feesReal estate will set you back $571,013 for Paris Baguette, thought it's less than the average of $788,376 for the top 200 franchises.
|Real estate, advance rent, security deposit and other prepaid expenses and costs||$10,000 to $60,000|
|Building costs and leasehold improvements||$322,026 to $750,000|
|Estimated total||$332,026 to $810,000|
Training feesParis Baguette initial training costs total $35,000 — more than the nationwide average of $9,788.
|Travel and living expenses while training||$20,000 to $50,000|
|Estimated total||$20,000 to $50,000|
Inventory costsInitial inventory for Paris Baguette shakes out to $38,000. This is less than the nationwide average of $53,119.
|Opening inventory||$36,000 to $40,000|
|Estimated total||$36,000 to $40,000|
Marketing costsAdvertisement and marketing costs total up to $10,000 for Paris Baguette, which is more than the nationwide average of $9,938.
|Grand opening promotion||$10,000 to $10,000|
|Grand opening advertising||$10,000 minimum.|
|Estimated total||$10,000 to $10,000|
Licenses and permits costsParis Baguette initial licenses and permits will set you back $11,610. This comes out to less than $18,770 — the overall nationwide average.
|Licenses and permits||Cost|
|Licenses, permits, fees and deposits||$4,510 to $18,710|
|Estimated total||$4,510 to $18,710|
Insurance costsInitial insurance costs for Paris Baguette run $4,148. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance||$3,405 to $4,890|
|Estimated total||$3,405 to $4,890|
Administrative feesParis Baguette administrative fees total up to $5,268 — which comes in under the overall nationwide average of $6,761.
|Attorneys' fees and business consultants||$3,035 to $7,500|
|Software fees||$250 to $380 per month.|
|Technology fee||Currently $50 per month.|
|Estimated total||$3,035 to $7,500|
Other expensesMiscellaneous expenses for Paris Baguette total $76,645 — more than the nationwide average of $69,970.
|Miscellaneous opening expenses||$11,159 to $12,130|
|Three months' additional funds||$30,000 to $100,000|
|Estimated total||$41,159 to $112,130|
How to financeSince the estimated total for Paris Baguette is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Paris Baguette franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Paris Baguette 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 $1,047,743 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 Paris Baguette — 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 Paris Baguette 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 $709,193. 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 Paris Baguette stacks upCompare how Paris Baguette holds up against two similarly sized franchises.
|Little Caesars||Paris Baguette||Chem-Dry|
|Average Franchise fees||$10,000||$50,000||$23,500|
|Average Equipment fees||$289,000||$246,060||$65,145|
|Average Real estate fees||$533,500||$571,013||$2,000|
|Average Training fees||$14,250||$35,000||$2,125|
|Average Inventory fees||$108,500||$38,000||NA|
|Average Marketing fees||$16,000||$10,000||$7,500|
|Average Licenses and permits fees||$10,500||$11,610||$2,200|
|Average Insurance fees||$1,600||$4,148||$3,300|
|Average Admin fees||NA||$5,268||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||NA||$76,645||NA|
Bottom lineParis Baguette franchise costs run a total of $1,047,743. 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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