Franchise Financing: How to Fund Your Ellianos Coffee Shop

Curious about the Ellianos coffee shop franchise cost and available funding options? We are here to help you explore your options, from small business loans to bank loans and other sources of funding.

First, let’s talk more about how much opening an Ellianos could cost you.

Then, we’ll uncover your funding options.

What’s the Cost to Open an Ellianos Franchise?

Opening a franchise is usually a little more expensive than opening your own business because you’re paying for that franchise’s existing brand recognition and formula for success.

When it comes to opening an Ellianos Franchise, for instance, there’s a reason that in 2024, the Franchise Business Review (FBR) named Ellianos a Top Franchise.

But what’s the cost, exactly?

Here’s how much opening an Ellianos franchise is likely to cost you, based on 2024 FDD data:

Initial Franchise Fee: $30,000
Initial Training Program - Travel & Living Expenses: $1,000 - $3,000
Real Estate: Variable
Building/Improvements: $385,000 - $450,000
Site Work: $50,000 - $175,000
Civil Engineering & Permitting: $12,000 - $30,000
Architectural, MEP, Engineering: $3,500 - $5,500
Impact & Tap Fees: $2,000 - $40,000
Landscaping: $5,000 - $13,500
Equipment & Supplies: $105,000 - $125,000
Signs: $14,000 - $25,000
Security Deposits: $5,000 - $10,000
Opening Inventory: $7,500 - $10,000
Miscellaneous Opening Costs: $2,000 - $6,000
Grand Opening Spending (optional): $2,500 - $3,500
Additional Funds (3 months): $10,000 - $20,000
Total Investment: $634,500 - $946,500

How to Obtain Franchise Funding

Many people ask us about how to get funding for a franchise.

After all, you may not have an extra $1,000,000 laying around. And even if you do, it may not be the wisest choice to sink it all into a business when you could invest it in other ways and leverage smart, calculated debt financing.

Here are the most common ways our franchisees get funded.

Traditional Bank Loans

Bank loans are one of the most common ways aspiring franchisees such as yourself obtain franchise financing. If you’re looking to obtain coffee shop funding via this route, you’ll typically need:

A strong credit score
A detailed business plan
Collateral.

The #1 perk of a bank loan by far is the stability associated with them.

Bank loans normally offer a set interest rate and repayment schedule. But getting approved can be tricky, and securing collateral is often also challenging.

Small Business Administration Loans

Small business administration loans, or SBA loans for short, are partially guaranteed by the U.S. Small Business Administration. They require a solid business plan and financial projections just like bank loans. While franchisees have a number of SBA loans available to them, the SBA 7(a) loan is one of the most common. Benefits include:

A lower down payment vs. other loans
Longer repayment terms vs. other loans
Lower interest rates vs. other loans

Overall though getting an SBA loan isn’t a simple feat, it’s usually a little easier than obtaining a bank loan.

Alternative Funding

Searching for coffee shop funding but having trouble getting approved for an SBA loan or other bank loan? Additional funding options exist, such as:

Crowdfunding: Many entrepreneurs have turned to crowdfunding on platforms like Kickstarter and GoFundMe to turn their dream businesses into reality.
Private Investors: Most private investors ask for an equity stake in your organization.
Franchise-Specific Financing: Some franchisors offer in-house financing or have partnerships with lenders to provide tailored funding options for their franchisees.