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TCBY franchise financing options

Compare costs, fees and where to get financing for a TCBY.

Overall costs for TCBY run anywhere from $173,950 to $259,687. 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 TCBY franchise may result in higher or lower fees.

Franchise fees

TCBY franchise fees total around $35,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $35,000 to $35,000
Royalty fees 6% of gross revenue.
Estimated total $35,000 to $35,000

Equipment fees

Equipment fees total $139,069 for TCBY. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Improvements and equipment $103,450 to $166,687
Computer hardware and software $3,500 to $4,500
Estimated total $106,950 to $171,187

Real estate fees

Real estate will set you back $4,500 for TCBY, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate lease Varies to
Security deposits, utility deposits, business licenses, and other deposits and prepaid expenses $4,000 to $5,000
Estimated total $4,000 to $5,000

Training fees

TCBY initial training costs total $2,500, which comes in under the nationwide average of $9,788.
Training Cost
Travel and living expenses while training $2,000 to $3,000
Estimated total $2,000 to $3,000

Inventory costs

Initial inventory for TCBY shakes out to $5,750. This is less than the nationwide average of $53,119.
Inventory Cost
Opening product and soft goods inventory $1,500 to $10,000
Estimated total $1,500 to $10,000

Marketing costs

Advertisement and marketing costs total up to $7,500 for TCBY, beating out the nationwide average of $9,938.
Marketing Cost
Grand opening promotion, if opening a new store $5,000 to $10,000
Estimated total $5,000 to $10,000

Insurance costs

Initial insurance costs for TCBY run $3,000. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Three months' insurance $2,500 to $3,500
Estimated total $2,500 to $3,500

Other expenses

Miscellaneous expenses for TCBY total $19,500 — less than the nationwide average of $69,970.
Other Cost
Professional fees $9,000 to $10,000
Three months' additional funds $8,000 to $12,000
Estimated total $17,000 to $22,000
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 TCBY is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the TCBY franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to TCBY 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 $216,819 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 TCBY — 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 TCBY 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 TCBY 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 $173,950. 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
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
First Union Lending business loans
$5,000
$5,000,000
450+ credit score, 1+ year in business, $25,000+ monthly revenue, no open bankruptcies
Unsecured funding and more for all credit types.
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.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
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How TCBY stacks up

Compare how TCBY holds up against two similarly sized franchises.
100 Montaditos TCBY Filta
Average Franchise fees NA $35,000 $39,950
Average Equipment fees NA $139,069 $63,675
Average Real estate fees NA $4,500 NA
Average Training fees NA $2,500 $1,550
Average Inventory fees NA $5,750 NA
Average Marketing fees NA $7,500 NA
Average Licenses and permits fees NA NA NA
Average Insurance fees NA $3,000 $3,500
Average Admin fees NA NA $1,500
Average Personnel fees NA NA NA
Average Other fees NA $19,500 $5,000

Bottom line

TCBY franchise costs run a total of $216,819. 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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