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Rooter-Man franchise financing options

Compare costs, fees and where to get financing for a Rooter-Man.

Overall costs for Rooter-Man run anywhere from $45,725 to $127,350. 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 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Rooter-Man franchise may result in higher or lower fees.

Franchise fees

Rooter-Man franchise fees total around $21,863, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $3,975 to $39,750
Estimated total $3,975 to $39,750

Equipment fees

Equipment fees total $37,500 for Rooter-Man. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Vehicles and equipment $22,000 to $42,000
Computer hardware, office equipment and furniture $2,500 to $5,500
Signs $500 to $2,500
Estimated total $25,000 to $50,000

Real estate fees

Real estate will set you back $700 for Rooter-Man, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate and improvements $400 to $1,000
Estimated total $400 to $1,000

Training fees

Rooter-Man initial training costs total $975, which comes in under the nationwide average of $9,788.
Training Cost
Travel and living expenses while training $350 to $1,600
Estimated total $350 to $1,600

Inventory costs

Initial inventory for Rooter-Man shakes out to $2,000. This is less than the nationwide average of $53,119.
Inventory Cost
Beginning inventory $1,000 to $3,000
Estimated total $1,000 to $3,000

Marketing costs

Advertisement and marketing costs total up to $2,500 for Rooter-Man, beating out the nationwide average of $9,938.
Marketing Cost
Six months' of grand opening advertising $1,500 to $3,500
Estimated total $1,500 to $3,500

Licenses and permits costs

Rooter-Man initial licenses and permits will set you back $750. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Licenses and permits $500 to $1,000
Estimated total $500 to $1,000

Insurance costs

Initial insurance costs for Rooter-Man run $2,500. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $1,500 to $3,500
Estimated total $1,500 to $3,500

Other expenses

Miscellaneous expenses for Rooter-Man total $17,750 — less than the nationwide average of $69,970.
Other Cost
Professional fees $500 to $1,000
Miscellaneous opening costs $1,000 to $3,000
First 18 months' additional working capital funds $10,000 to $20,000
Estimated total $11,500 to $24,000
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 2021.

How to finance

Since the estimated total for Rooter-Man is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Rooter-Man franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Rooter-Man 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 $86,538 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?

Consider one of the following options for covering a portion of the costs to open a Rooter-Man.
  • Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
  • Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
  • Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
  • SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Also check if Rooter-Man 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 $45,725. 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.
Name Product Filter Values Min. Amount Max. Amount Requirements
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
National Funding business loans
$5,000
$500,000
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.
Fundbox lines of credit
$1,000
$150,000
6 + months in business, $100,000+ in annual revenue, 600+ credit score
Get flat rate, short-term financing based on the financial health of your business, not your credit score.
Bitty Advance business cash advances
$2,000
$25,000
$5,000 monthly bank revenue, 6+ months in business, business bank account open 3+ months, 450+ credit score
With APRs in the triple digits, this is best saved as a last resort.
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How Rooter-Man stacks up

Compare how Rooter-Man holds up against two similarly sized franchises.
Comfort Keepers Rooter-Man Bojangles
Average Franchise fees $50,000 $21,863 $15,000
Average Equipment fees $5,750 $37,500 $235,000
Average Real estate fees $4,250 $700 $1,380,050
Average Training fees $6,750 $975 $48,500
Average Inventory fees NA $2,000 $6,178
Average Marketing fees $6,150 $2,500 NA
Average Licenses and permits fees $3,700 $750 $8,250
Average Insurance fees $4,950 $2,500 $5,750
Average Admin fees $2,000 NA NA
Average Personnel fees $480 NA NA
Average Other fees $5,750 $17,750 $112,500

Bottom line

Rooter-Man franchise costs run a total of $86,538. 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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