How to Finance Your Pretzelmaker Franchise?

Step #11. Prepare a financial statement2. You can find the SBA version here:

https://www.sba.gov/sites/default/files/forms/SBA_Form_413_7a-504-SBG.pdf

#2 Analyze Your Financial Statement foravailable cash for investment.

#3 Assess your personal

level of risk and how

much you're willing to

invest.

#4 Methods to Finance a Franchise

1. Cash2. 401k Rollover3. Conventional Loan4. Franchisor Financing5. Leasing6. Lending Networks7. SBA Loans

CashUsing your personal money could lead to debt-free ownership. We see our franchises cost $154,500 -

$237,750. If you wish to open multiple stores, make sure to leave yourself enough working

capital.

401k RolloverIn some cases, you may be able to use your 401k

to finance your franchise. There are several requirments to using your 401k. One rule is that you may no longer work for the company where

your 401k is housed.

Conventional LoanConentional loans are not very common in franchising.

Lenders look for real estate collateral used to mitigate risk. Terms are generally 5-10 years.

Franchisor FinancingSome franchisors offer in-house financing. We currently

do not offer in-house financing at Pretzelmaker.

LeasingSome franchise models with vehicles and other assets will allow for leasing. We do not offer leasing at Pretzelmaker.

Lending Networks

Entire networks exist online to help

franchisees find financing.

SBA LoansSBA loans are the most common loan

types we see. They lesson risk for lenders by offering a guarantee but require a lot of

paperwork to approve.

Are You Ready To Open a Pretzelmaker Franchise?Please Visit http://www.greatamericancookiesfranchise.com/

Sources: http://www.franchise.org/how-to-finance-your-franchise

Disclaimer:This information is not intended as an offer to sell, or the

solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states

regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer

you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements

in your state. Franchise offerings are made by Franchise Disclosure Document only.