Costs and Fees
How much does it cost to open a ZOOM DRAIN franchise?
On average, ZOOM DRAIN startup costs range from $199,000 to $341,000, according to Item 7 of our most recent Franchise Disclosure Document (FDD). The initial franchise fee is $35,000.
It’s important to remember that, depending on your experience, whether you have an existing business and the cost of living in your marketing area, these costs can vary. Many of our franchisees have experienced significantly lower startup costs because they were so well established when they joined the ZOOM DRAIN family. If you’re not sure whether you might qualify, we’d love to have a conversation.
See a snapshot of our item 7 investment chart below:
ESTIMATED INITIAL INVESTMENT
|TYPE OF EXPENDITURE||AMOUNT (Low-High Range)||METHOD OF PAYMENT||WHEN DUE||TO WHOM PAYMENT IS TO BE MADE|
|Initial Franchise Fee (Note 1)||$50,000||Lump Sum||Upon signing the Franchise Agreement||Us|
|Lease (Note 2)||$ 3,000 – $ 9,000||Lump Sum||Upon signing the lease||Landlord|
|Leasehold Improvements (Note 2)||$ 2,000 – $ 40,000||As incurred||Before Opening||General Contractor|
|Furniture, Fixtures and Computer System (Note 3)||$ 7,500 – $ 13,000||As incurred||As arranged||Suppliers|
|Vehicles (Note 4)||$ 7,000 – $ 9,500||As arranged|
|Before Opening or Monthly||Auto dealer|
|Vehicle Wrap and Design (Note 5)||$ 4,500 – $ 5,500||As arranged||Before Opening||Suppliers|
|Initial Equipment and Inventory of Supplies (Note 6)||$ 40,000 – $ 50,000||Lump Sum||Before Opening||Suppliers|
|Business Licenses and Permits; Deposits and PrePaid Expenses (Note 7)||$ 0 – $ 5,000||As incurred||Before Opening||Government Agencies and Organizations; Utility Companies|
|Professional Fees||$ 500 – $ 3,000||As incurred||Before Opening||Attorney and accountant|
|Insurance – quarterly (Note 8)||$ 4,000 – $ 6,000||Lump Sum||Before Opening||Insurance agent|
|Initial Training Expenses (Note 9)||$ 500 – $ 5,000||Lump Sum||Before Opening||Airlines, hotels, etc.|
|Initial Marketing Expenses (Note 10)||$ 45,000 – $ 60,000||As incurred||60 days after opening||Suppliers|
|Additional Funds – 6 months (Note 11)||$ 86,000 – $144,000||As incurred||As arranged||Suppliers, employees.|
|TOTAL (Note 12)||$250,000 – $500,000|
All notes related to this chart can be found in our downloadable Business Model eBook. Complete the form below to receive your copy.