Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

The Grounds Guys franchise financing options

Compare costs, fees and where to get financing for a The Grounds Guys.

Overall costs for The Grounds Guys run anywhere from $75,970 to $170,070. 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 The Grounds Guys franchise may result in higher or lower fees.

Franchise fees

The Grounds Guys 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 +$350 per 1,000 additional population above minimum
Estimated total $35,000 to $35,000

Equipment fees

Equipment fees total $53,300 for The Grounds Guys. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Vehicle $4,000 to $50,000
Equipment, supplies and inventory $16,300 to $36,300
Estimated total $20,300 to $86,300

Real estate fees

Real estate will set you back $3,000 for The Grounds Guys, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate $0 to $6,000
Estimated total $0 to $6,000

Training fees

The Grounds Guys initial training costs total $3,550, which comes in under the nationwide average of $9,788.
Training Cost
Training, travel, lodging and food $2,250 to $4,850
Estimated total $2,250 to $4,850

Marketing costs

Advertisement and marketing costs total up to $20,000 for The Grounds Guys, which is more than the nationwide average of $9,938.
Marketing Cost
Advertising, promotional and local marketing spending for marketing startup phase $15,000 to $25,000
Estimated total $15,000 to $25,000

Licenses and permits costs

The Grounds Guys initial licenses and permits will set you back $525. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Deposits, permits and licenses $50 to $1,000
License fee 5-6% of gross sales except for roll-in sales. In addition, minimum license fees apply.
Estimated total $50 to $1,000

Insurance costs

Initial insurance costs for The Grounds Guys run $3,100. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $1,200 to $5,000
Estimated total $1,200 to $5,000

Administrative fees

The Grounds Guys administrative fees total up to $1,920 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Software fees $1,920 to $1,920
Audit Cost of audit plus expenses plus any amount owed as shown by the audit, plus interest and late fees.
Estimated total $1,920 to $1,920

Other expenses

Miscellaneous expenses for The Grounds Guys total $2,625 — less than the nationwide average of $69,970.
Other Cost
Professional fees $250 to $5,000
Estimated total $250 to $5,000
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 The Grounds Guys is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the The Grounds Guys franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to The Grounds Guys 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 $123,020 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 The Grounds Guys — 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 The Grounds Guys 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 The Grounds Guys 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 $75,970. 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
Biz2Credit business loans
up to $6 million
up to $6 million
6+ months in business; $100,000+ monthly revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
OnDeck short-term loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
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.
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.
loading

Compare up to 4 providers

How The Grounds Guys stacks up

Compare how The Grounds Guys holds up against two similarly sized franchises.
Window World The Grounds Guys 1-800-Radiator & A/C
Average Franchise fees $17,500 $35,000 $45,000
Average Equipment fees $32,500 $53,300 $42,000
Average Real estate fees $51,800 $3,000 $56,000
Average Training fees $1,050 $3,550 $3,750
Average Inventory fees $750 NA $500,000
Average Marketing fees $20,000 $20,000 $30,000
Average Licenses and permits fees $1,500 $525 NA
Average Insurance fees $6,000 $3,100 NA
Average Admin fees $4,000 $1,920 NA
Average Personnel fees $40,000 NA NA
Average Other fees $45,000 $2,625 $150,000

Bottom line

The Grounds Guys franchise costs run a total of $123,020. 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.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site