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Puroclean franchise financing options
Compare costs, fees and where to get financing for a Puroclean.
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 Puroclean franchise may result in higher or lower fees.
Franchise feesPuroclean 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 $116,230 for Puroclean. This is less than the $180,023 average for the top 200 franchises.
|Vehicle, finance option||$2,500 to $3,000|
|Vehicle, purchase option||$49,000 to $49,000|
|Equipment and supplies package, finance option||$3,450 to $4,800|
|Equipment and supplies package, purchase||$55,000 to $55,000|
|Computer system, finance option||$300 to $300|
|Computer system, purchase||$3,500 to $3,500|
|Office furniture||$0 to $2,200|
|VOIP telephone equipment and service fee||$455 to $455|
|Estimated total||$114,205 to $118,255|
Real estate feesReal estate will set you back $2,750 for Puroclean, thought it's less than the average of $788,376 for the top 200 franchises.
|Facility rent||$0 to $2,500|
|Security deposit||$0 to $3,000|
|Estimated total||$0 to $5,500|
Training feesPuroclean initial training costs total $5,300, which comes in under the nationwide average of $9,788.
|Training expenses||$4,300 to $4,300|
|Continuing education courses||$0 to $2,000|
|Estimated total||$4,300 to $6,300|
Marketing costsAdvertisement and marketing costs total up to $1,100 for Puroclean, beating out the nationwide average of $9,938.
|Opening advertising and marketing materials||$0 to $2,200|
|Local advertising||2% of gross receipts on local advertising and promotion.|
|Marketing fee||2% of gross receipts.|
|Estimated total||$0 to $2,200|
Licenses and permits costsPuroclean initial licenses and permits will set you back $275. This comes out to less than $18,770 — the overall nationwide average.
|Licenses and permits||Cost|
|Business licenses||$0 to $550|
|Estimated total||$0 to $550|
Insurance costsInitial insurance costs for Puroclean run $1,563. This means you'll be paying less than the overall nationwide average of $6,311.
|Three months' insurance premium||$1,375 to $1,750|
|Estimated total||$1,375 to $1,750|
Administrative feesPuroclean administrative fees total up to $813 — which comes in under the overall nationwide average of $6,761.
|Office supplies||$100 to $300|
|Telephone and utility deposits and fees||$350 to $500|
|High-speed internet access||$150 to $225|
|Estimated total||$600 to $1,025|
Personnel costsUniforms, name tags and the like make up personnel costs, and for Puroclean it will run you $350. The nationwide average cost of personnel fees comes in at $22,818, which means you'll be paying less to outfit your employees.
|Uniforms||$200 to $500|
|Estimated total||$200 to $500|
Other expensesMiscellaneous expenses for Puroclean total $250 — less than the nationwide average of $69,970.
|Professional fees||$0 to $500|
|Estimated total||$0 to $500|
How to financeSince the estimated total for Puroclean is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Puroclean franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Puroclean 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 $178,630 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 Puroclean — 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 Puroclean 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 $170,680. 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 Puroclean stacks upCompare how Puroclean holds up against two similarly sized franchises.
|Fully Promoted||Puroclean||Dale Carnegie Training|
|Average Franchise fees||$39,500||$50,000||$25,500|
|Average Equipment fees||$86,377||$116,230||$7,500|
|Average Real estate fees||$19,750||$2,750||$2,500|
|Average Training fees||$350||$5,300||$19,850|
|Average Inventory fees||NA||NA||NA|
|Average Marketing fees||NA||$1,100||$7,500|
|Average Licenses and permits fees||NA||$275||$1,250|
|Average Insurance fees||$1,500||$1,563||$3,500|
|Average Admin fees||$1,000||$813||$9,250|
|Average Personnel fees||NA||$350||NA|
|Average Other fees||$45,000||$250||$62,500|
Bottom linePuroclean franchise costs run a total of $178,630. 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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