Protein Bar Company

How Much Does It Cost To Start A Protein Bar Company? (In 2024)

Pat Walls

•

Updated: January 18th, 2023

Looking to start a protein bar company?

But curious about:

how much it costs to start a protein bar company?
what are the typical protein bar company startup costs?
or the actual cost of starting protein bar companies?

Well, we have the data to prove it, supported by real protein bar companies and how much they actually cost to start.

Let's go over it.

Learn more about starting a protein bar company:

Where to start?

-> Pros and cons of a protein bar company

Need inspiration?

-> Other protein bar company success stories
-> Marketing ideas for a protein bar company
-> Protein bar company names

Other resources

-> Profitability of a protein bar company
-> Protein bar company tips

Equipment & Supply Expenses

Starting a protein bar company may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.

Cost	Required?	Min Cost	Max Cost
Cleaning Supplies ➜	Optional	$63	$200
First-aid Equipment ➜	Optional	$3	$500

Retail Business Expenses

If you plan to have a brick & mortar location for your protein bar company, you must weigh the costs of your rent, as it may be the most expensive part of running your business.

Rent costs for your protein bar company very much depends on your location. This cost will vary by both region and specific areas of town: a lease in the heart of Manhattan could cost over $80,000/month in rent. Meanwhile, a storefront lease in Florida or Tennessee could cost less than $1,000/month.

Cost	Required?	Min Cost	Max Cost
Shop Decor	Optional	$0	$5,000
Utilities (storefront business)	Optional	$0	$1,000
Building improvements and remodeling	Optional	$0	$950
Storefront Property Rent ➜	Optional	$1,250	$3,500
POS System	Optional	$0	$1,200

Business Formation Fees

There are a few key costs associated with forming your business entity, such as setting up an LLC and getting trademarks, copyrights, and patents sorted.

Cost	Required?	Min Cost	Max Cost
Set up business: LLC & Corporations	Required	$50	$500
Small Business Insurance	Recommended	$500	$2,000
Permit and License Fees	Optional	$50	$700
Lawyer Fees	Optional	$0	$1,500

Software Expenses

Your protein bar company needs software to run efficiently!

Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.

Cost	Required?	Min Cost	Max Cost
Accounting & Invoicing Software	Recommended	$0	$50
Email marketing tool	Recommended	$0	$100
Internal Communication Tool	Recommended	$0	$20
Design Programs & Software	Optional	$0	$50
Payroll Software	Optional	$0	$200
Social Media Management Tools	Optional	$0	$50
IT Support ➜	Optional	$150	$2,000

Employee & Freelancer Expenses

Cost	Required?	Min Cost	Max Cost
Payroll Costs & Fees ➜	Optional	$150	$250
Employee Hiring Expenses	Optional	$1	$2
Employee Rewards ➜	Optional	$0	$100

Website Costs

Every business should have a website, and it's worth spending a bit of money to set it up right.

Cost	Required?	Min Cost	Max Cost
Domain Name ➜	Required	$12	$200
Website Hosting Costs ➜	Required	$0	$300
Website Builder ➜	Recommended	$10	$500
Business Email Hosting Service ➜	Recommended	$1	$15
Website & Live Chat Tool	Recommended	$0	$200
Web Designer ➜	Optional	$200	$6,000

Inventory Expenses

If you sell a physical good, you'll likely have to start with some inventory.

Cost	Required?	Min Cost	Max Cost
Upfront Costs For Inventory	Optional	$300	$5,000
Inventory Storage	Optional	$0	$5,000
Package Design ➜	Optional	$50	$3,000
Shrinkage	Optional	$0	$1,000
Distribution costs	Optional	$0	$750

Food Business Expenses

Cost	Required?	Min Cost	Max Cost
Kitchen Appliances	Optional	$2,000	$25,000
Food Licenses	Optional	$100	$500
Kitchen Facility	Optional	$0	$10,000
Initial Ingredients	Optional	$25	$500

Advertising & Marketing Costs

Cost	Required?	Min Cost	Max Cost
Business Cards ➜	Optional	$0	$50
Customer Research & Surveys	Optional	$0	$300
Business Signage ➜	Optional	$75	$2,486
Direct Campaigns, Printing and Mailing	Optional	$0	$300
Affiliate Marketing Commission & Fees	Optional	$0	$250
Influencer Marketing	Optional	$0	$750
Press	Optional	$0	$500
Google Ads	Optional	$0	$300
Facebook & Instagram Ads	Optional	$0	$350