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How Much Does a The Plug Powered by AVANCE Franchise Cost?

2024 Franchise Disclosure Document (FDD) Data

A The Plug Powered by AVANCE franchise costs between $206,651 and $343,955 in total initial investment, according to the 2024 Franchise Disclosure Document. The initial franchise fee is $50,000.

$206,651

Minimum Investment

$343,955

Maximum Investment

$50,000

Franchise Fee

The Plug Powered by AVANCE Franchise Fee

Initial Franchise Fee $50,000

Fee Range $40,000 – $50,000

Item 7 Fee Estimate $50,000

The Plug Powered by AVANCE Total Investment Breakdown

Here is the itemized breakdown of costs to open a The Plug Powered by AVANCE franchise, as reported in the 2024 FDD Item 7 (Estimated Initial Investment).

Minimum Investment

Maximum Investment

Franchise Fee $50,000

Initial Franchise Fee Lump sum · When Franchise Agreement is signed $50,000

Real Estate $26,375 – $73,768

Construction and Leasehold Improvements As arranged $20,000 – $60,000

Lease Deposits - Three Months As arranged $6,000 – $13,393

Utility Deposits As arranged $375

Equipment & Assets $103,951 – $172,875

Equipment As arranged $78,000 – $120,700

Initial Inventory As arranged $10,060 – $21,600

Signage As arranged $7,900 – $15,400

Furniture and Fixtures As arranged $2,900 – $8,000

Printing, Stationery, and Office Supplies As arranged $4,806 – $5,825

Computer, Software and Point of Sale System As arranged $285 – $1,350

Training $3,000 – $7,300

Travel for Initial Training As arranged $3,000 – $7,300

Working Capital & Reserves $11,208 – $18,462

Additional Funds - Three Months As arranged $11,208 – $18,462

Other Costs $12,117 – $21,550

Professional Fees As arranged $9,400 – $15,700

Grand Opening Marketing As arranged $2,500 – $5,000

Licenses and Permits As arranged $100 – $500

Insurance Deposits - Three Months As arranged $117 – $350

Total Estimated Investment $206,651 – $343,955

How Does The Plug Powered by AVANCE Compare to Other Business Services Franchises?

The Plug Powered by AVANCE's minimum investment of $206,651 is above the Business Services industry median. The median minimum investment for Business Services franchises is $81,250.

$206,651

The Plug Powered by AVANCE Min

$81,250

Business Services Median Min

$343,955

The Plug Powered by AVANCE Max

$137,345

Business Services Median Max

Investment Analysis

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Frequently Asked Questions

How much does it cost to open a The Plug Powered by AVANCE?

The total startup cost for a The Plug Powered by AVANCE franchise ranges from $206,651 to $343,955, according to the 2024 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Equipment & Assets at $103,951 to $172,875.

How much is the The Plug Powered by AVANCE franchise fee?

The The Plug Powered by AVANCE franchise fee is $50,000, with a range of $40,000 to $50,000 depending on the agreement, as disclosed in the 2024 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is The Plug Powered by AVANCE a good investment?

The Plug Powered by AVANCE requires a total franchise investment of $206,651 to $343,955 and scores Legal Risk: 100/100, Training: 74/100 in our FDD analysis. See our full The Plug Powered by AVANCE franchise review for a detailed assessment of risks, territory, and support.

How much does a The Plug Powered by AVANCE franchise owner make?

The Plug Powered by AVANCE franchise locations report median gross sales of $269,608 per the 2024 FDD Item 19. See our The Plug Powered by AVANCE franchise earnings breakdown for the full financial performance data.