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Totally Nutz franchise financing options

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

Overall costs for Totally Nutz run anywhere from $29,372 to $47,500. 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 Totally Nutz franchise may result in higher or lower fees.

Franchise fees

Totally Nutz franchise fees total around $27,500, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $27,500 to $27,500
Royalty 6% of gross revenue.
Estimated total $27,500 to $27,500

Equipment fees

Equipment fees total $1,324 for Totally Nutz. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Computer equipment $147 to $2,500
Estimated total $147 to $2,500

Real estate fees

Real estate will set you back $3,000 for Totally Nutz, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Security deposit $0 to $1,000
Leasehold improvements $0 to $5,000
Estimated total $0 to $6,000

Training fees

Totally Nutz initial training costs total $1,850, which comes in under the nationwide average of $9,788.
Training Cost
Training expenses $500 to $3,200
Estimated total $500 to $3,200

Licenses and permits costs

Totally Nutz initial licenses and permits will set you back $275. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Business licenses and permits $50 to $500
Estimated total $50 to $500

Insurance costs

Initial insurance costs for Totally Nutz run $988. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $175 to $1,800
Estimated total $175 to $1,800

Other expenses

Miscellaneous expenses for Totally Nutz total $3,500 — less than the nationwide average of $69,970.
Other Cost
Professional fees $0 to $1,000
Three months' additional funds $1,000 to $5,000
Estimated total $1,000 to $6,000
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

The average cost to open one of the 200 biggest franchises in the US — $1,110,238 — is well over the estimated total initial costs for $38,436. Securing funds will likely be easier at lower amounts, just follow these steps:
  1. Review the financial requirements on the Totally Nutz franchising website.
  2. Compare banks, online lenders and business credit cards and determine which financing type best suits your needs.
  3. Once you settle on a financing type, compare lenders based on credit history requirements, amounts offered and interest rates.
  4. Gather all required documents and apply online or in person.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a Totally Nutz.
  • 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 Totally Nutz 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 $29,372. 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.
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.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
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How Totally Nutz stacks up

Compare how Totally Nutz holds up against two similarly sized franchises.
EarthWise Pet Supply Totally Nutz Flip Flop Shops
Average Franchise fees $39,500 $27,500 $35,000
Average Equipment fees $54,250 $1,324 $27,500
Average Real estate fees NA $3,000 $60,100
Average Training fees $23,500 $1,850 NA
Average Inventory fees NA NA NA
Average Marketing fees $16,500 NA NA
Average Licenses and permits fees NA $275 NA
Average Insurance fees NA $988 $1,150
Average Admin fees NA NA NA
Average Personnel fees NA NA NA
Average Other fees $67,250 $3,500 $3,750

Bottom line

Totally Nutz franchise costs run a total of $38,436. 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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