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SweetFrog Frozen Yogurt franchise financing options
Compare costs, fees and where to get financing for a SweetFrog Frozen Yogurt.
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 sweetFrog Frozen Yogurt franchise may result in higher or lower fees.
Franchise feessweetFrog Frozen Yogurt franchise fees total around $22,500, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Initial franchise fee||$15,000 to $30,000|
|Estimated total||$15,000 to $30,000|
Equipment feesEquipment fees total $104,550 for sweetFrog Frozen Yogurt. This is less than the $180,023 average for the top 200 franchises.
|Furniture, fixtures and equipment, including soft-serve machines||$35,000 to $145,000|
|Interior and exterior signage and decor package||$0 to $15,000|
|Other equipment||$1,500 to $3,500|
|Point-of-sale systems||$3,000 to $5,000|
|Office equipment and supplies for three months||$100 to $1,000|
|Estimated total||$39,600 to $169,500|
Real estate feesReal estate will set you back $114,750 for sweetFrog Frozen Yogurt, thought it's less than the average of $788,376 for the top 200 franchises.
|Leasehold improvements and construction||$10,000 to $190,000|
|Lease and security deposits||$0 to $12,000|
|Utility deposits||$500 to $2,000|
|Design, architectural and engineering fees||$0 to $15,000|
|Estimated total||$10,500 to $219,000|
Training feessweetFrog Frozen Yogurt initial training costs total $1,500, which comes in under the nationwide average of $9,788.
|Travel and living expenses during initial training||$1,000 to $2,000|
|Estimated total||$1,000 to $2,000|
Inventory costsInitial inventory for sweetFrog Frozen Yogurt shakes out to $7,000. This is less than the nationwide average of $53,119.
|One week's worth of opening inventory||$6,000 to $8,000|
|Estimated total||$6,000 to $8,000|
Marketing costsAdvertisement and marketing costs total up to $7,500 for sweetFrog Frozen Yogurt, beating out the nationwide average of $9,938.
|Grand opening marketing||$5,000 to $10,000|
|Estimated total||$5,000 to $10,000|
Licenses and permits costssweetFrog Frozen Yogurt initial licenses and permits will set you back $2,500. This comes out to less than $18,770 — the overall nationwide average.
|Licenses and permits||Cost|
|Business licenses and permits||$1,500 to $3,500|
|Estimated total||$1,500 to $3,500|
Insurance costsInitial insurance costs for sweetFrog Frozen Yogurt run $3,500. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance||$2,000 to $5,000|
|Estimated total||$2,000 to $5,000|
Other expensesMiscellaneous expenses for sweetFrog Frozen Yogurt total $22,500 — less than the nationwide average of $69,970.
|Professional fees||$0 to $10,000|
|Three months' additional funds||$15,000 to $20,000|
|Estimated total||$15,000 to $30,000|
How to financeSince the estimated total for sweetFrog Frozen Yogurt is on the more costly side, we recommend following these steps to get fully financed:
- Go to the sweetFrog Frozen Yogurt franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to sweetFrog Frozen Yogurt 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 $286,300 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 sweetFrog Frozen Yogurt — 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 sweetFrog Frozen Yogurt 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 $95,600. 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 sweetFrog Frozen Yogurt stacks upCompare how sweetFrog Frozen Yogurt holds up against two similarly sized franchises.
|Smashburger||sweetFrog Frozen Yogurt||Play It Again Sports|
|Average Franchise fees||NA||$22,500||$25,000|
|Average Equipment fees||$220,105||$104,550||$63,850|
|Average Real estate fees||$667,128||$114,750||$49,500|
|Average Training fees||$65,350||$1,500||NA|
|Average Inventory fees||$17,500||$7,000||$105,000|
|Average Marketing fees||$10,000||$7,500||NA|
|Average Licenses and permits fees||$6,500||$2,500||$7,500|
|Average Insurance fees||$15,000||$3,500||NA|
|Average Admin fees||NA||NA||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$27,750||$22,500||$40,000|
Bottom linesweetFrog Frozen Yogurt franchise costs run a total of $286,300. 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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