To qualify as an Allegra® franchise candidate, you will need approximately $150,000 in liquid assets and a net worth of at least $300,000. And while it’s important to understand what you get with your initial franchise costs, which we detail below, it’s equally important to understand how you plan to acquire funding.
How Much Does an Allegra® Franchise Cost?
Startup costs for a MatchMaker® Center*:
- $125,811-$378,185 in the U.S.
- $125,572-$369,206 in Canada
Startup costs for converting an existing business*:
- $27,861-$249,382 in the U.S.
- $29,772-$237,131 in Canada
*All amounts expressed in U.S. dollars
How To Secure Financing For Your Franchise Costs
When you’re looking for financing for your Allegra® franchise, you should consider the least expensive expansion capital available to you as well as what financing might be the easiest to obtain. What financing strategy will tie up the least of your liquid assets?
Ultimately, you’re trying to find your financing strategy for funding your franchise costs in a way that gives you the best chance for achieving success. Among the most common methods Allegra® Franchise Members use to finance their new venture are seller financing, a Home Equity Line of Credit (HELOC), 401K rollovers or self-directed IRAs, Small Business Association (SBA) financing and partnerships.
What Can You Expect With Your Franchise Startup Costs?
Your initial investment covers virtually everything related to the opening of an Allegra® Franchise, including your initial franchise fee, training expenses, rent and utility deposits, software and equipment, leasehold improvements, construction, remodeling and decorating, exterior signage, marketing and brand identification, insurance, business licenses and permits, professional fees, down payment on the business and working capital.
If you’re interested in buying a franchise with a proven track record of success, we’d love to talk to you about the Allegra® opportunity. Please fill out the form on this page to start a conversation.