Qdoba Mexican Grill franchise financing options

Overall costs for Qdoba Mexican Grill run anywhere from $545,500 to $1,095,000. 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 2022 from Franchise Direct and include opening fees and expenses only. The location you choose for your Qdoba Mexican Grill franchise may result in higher or lower fees.

Franchise fees

Qdoba Mexican Grill franchise fees total around $30,000, which beats out the $37,000 average for the 200 largest franchises nationwide.

Franchise	Cost
Franchise fee	$30,000 to $30,000
Estimated total	$30,000 to $30,000

Equipment fees

Equipment fees total $306,000 for Qdoba Mexican Grill. This costs more than the $180,023 average for the top 200 franchises.

Equipment	Cost
Furnishings, fixtures and equipment	$185,000 to $320,000
Signage	$5,000 to $50,000
IT and other systems	$20,000 to $32,000
Estimated total	$210,000 to $402,000

Real estate fees

Real estate will set you back $355,000 for Qdoba Mexican Grill, thought it's less than the average of $788,376 for the top 200 franchises.

Real estate	Cost
Development costs, including plans, legal fees and permits	$80,000 to $50,000
Leasehold improvements	$180,000 to $400,000
Real property lease and purchase costs	Varies depending on location to
Estimated total	$260,000 to $450,000

Inventory costs

Initial inventory for Qdoba Mexican Grill shakes out to $7,500. This is less than the nationwide average of $53,119.

Inventory	Cost
Opening inventory	$5,000 to $10,000
Estimated total	$5,000 to $10,000

Marketing costs

Advertisement and marketing costs total up to $15,000 for Qdoba Mexican Grill, which is more than the nationwide average of $9,938.

Marketing	Cost
Grand opening advertising at traditional sites	$5,000 to $25,000
Local advertising	A minimum of 1.75% of gross sales.
Estimated total	$5,000 to $25,000

Licenses and permits costs

Qdoba Mexican Grill initial licenses and permits will set you back $1,750. This comes out to less than $18,770 — the overall nationwide average.

Licenses and permits	Cost
Liquor license	Varies depending on location to
Business licenses, health permits and similar permits	$500 to $3,000
Estimated total	$500 to $3,000

Insurance costs

Initial insurance costs for Qdoba Mexican Grill run $7,500. This means you'll be paying more than the overall nationwide average of $6,311.

Insurance	Cost
Insurance, excluding several types of coverage	$5,000 to $10,000
Estimated total	$5,000 to $10,000

Other expenses

Miscellaneous expenses for Qdoba Mexican Grill total $97,500 — more than the nationwide average of $69,970.

Other	Cost
Miscellaneous pre-opening expenses	$5,000 to $15,000
Three months' additional funds	$25,000 to $150,000
Estimated total	$30,000 to $165,000

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 2022.

How to finance

Since the estimated total for Qdoba Mexican Grill is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the Qdoba Mexican Grill franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to Qdoba Mexican Grill 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 $820,250 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 Qdoba Mexican Grill — 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 Qdoba Mexican Grill 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 Qdoba Mexican Grill 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 $545,500. 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.

How Qdoba Mexican Grill stacks up

Compare how Qdoba Mexican Grill holds up against two similarly sized franchises.

	Batteries Plus	Qdoba Mexican Grill	Einstein Bros. Bagels
Average Franchise fees	$31,250	$30,000	$35,000
Average Equipment fees	$86,275	$306,000	$288,000
Average Real estate fees	$43,000	$355,000	$342,125
Average Training fees	$2,415	NA	$7,500
Average Inventory fees	$57,750	$7,500	$20,000
Average Marketing fees	$15,000	$15,000	$10,000
Average Licenses and permits fees	NA	$1,750	$2,750
Average Insurance fees	NA	$7,500	$11,250
Average Admin fees	$6,225	NA	NA
Average Personnel fees	NA	NA	NA
Average Other fees	$41,425	$97,500	$33,450

Bottom line

Qdoba Mexican Grill franchise costs run a total of $820,250. 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.