Cheap Franchises To Buy Into
Franchise Business Review (FBR) surveys thousands of franchise owners from hundreds of leading franchise brands to gauge franchisee satisfaction and franchise performance. Our independent franchisee satisfaction surveys ask 33 benchmark questions to measure the health of franchise systems and our top franchises lists are based exclusively on the feedback from actual franchise owners.
cheap franchises to buy into
This company has a minimum investment of $499. The franchise provides franchisees with the equipment and processes needed to maintain different types of concrete floors and wood. Their coating provides a unique opportunity to make the most of a trend, which is to renovate aging or damaged wood or concrete floors, which could mean that this becomes one of the most successful franchises with low startup costs. If you become a Floor Hero franchisee, they will provide full training. Other benefits of becoming a Floor Hero franchisee include:
Amazing Athletes is a franchise that provides health and sports classes for children from the age of two and a half years to six years old. They can be found in 28 states and already have more than 100 franchises. This successful franchise has a low startup cost of just over $20,000. However, the cash requirement to start is under $20,000. The overhead will remain low because this is a mobile franchise, so you do not have to find funds to lease or buy a storefront.
Maid Simple House Cleaning is different from other cleaning franchises because you do not need to spend on uniforms, branded vehicles or an office. One of the benefits of owning a Maid Simple House Cleaning franchise is flexibility.
The minimum investment is $5,000. Monkey Bars Garage Storage Solutions provides shelving systems and floor coatings. The company also manufactures different items, such as overhead racks and garage cabinets, including full and slat wall tiles. There is quite a low investment cost of $5,000, which means that Monkey Bars Garage Storage Solutions can become one of the most profitable franchises if operated properly.
You need to secure a franchise fee of $15,000 to $45,000 and make an initial investment of $21,250.00 to $106,800. The property management industry is growing as more people are renting their homes. Property Management Inc. provide franchisees with training, technology and marketing to grow and make their franchises as profitable as possible.
Hotel Key Kaddy is different from most franchises in the travel industry because it does not involve running your own agency. Instead, it involves marketing services directly to hotels and local business owners. It takes a minimum cash infusion of $18,900. Hotel Key Kaddy makes digital hotel room keys with information about local businesses, including restaurants and different attractions.
The franchise fee is $15,000 to $32,500. Mosquito Squad requires an initial investment of $17,050 to $79,425. Mosquitoes can be annoying but this could be one of the most profitable franchises if you want to help people deal with this problem.
The Mosquito Squad was started in 2009 and is now a recognized brand of pest control. They have over 200 franchises and reportedly have done more than $50 million in sales. With a low franchise fee, you can benefit from third-party lender relationships with different financing companies if you need help raising the capital.
The 17 franchises above can be yours for under $20,000 and many can turn into some of the most profitable franchises if you follow their proven systems, put in hard work and remain persistent. These franchises show that you can start and operate a franchise for a relatively low cost.
These are monthly fees paid to the franchisor and are based on a percentage of the gross sales of your franchise. For most restaurant franchises, the royalty fee can range from 4% up to 12% in some cases. In many franchises, this fee will earn you ongoing support for your business, such as marketing support and collateral.
Baskin-Robbins is a leader amongst the ice cream franchises with a business model that has been proven successful in more than 7,700 shops in 52 countries. When you franchise with Baskin-Robbins, you are joining a world-known brand and a global network of like-minded franchise experts.
One of their defining achievements is their low current royalty fee: 4.5% of gross sales. This allows franchisees to invest more money in other areas vital for the business such as marketing and employee training while still maintaining a good profit margin. In fact, most profits can be reinvested back into improving the franchise or expanding its operations.
There are lots of franchises that offer franchise fees around $10,000 or less. However, overall startup costs often exceed this amount. Home-based franchises are often the least expensive to start. A few examples include JAN-PRO, Dream Vacations, and Jazzercise.
There are thousands of franchises available to a potential small business owner beyond restaurants , and the most well-known brands that have become household names. You can buy into a franchise across many different industries such as Retail, Education, Automotive, and Travel to name a few. The selection can be overwhelming, but the benefits are great.
The main benefit of buying an existing franchise as opposed to opening a new one is it comes with an already established customer base. The business is already up and running, making it a low effort opportunity for an entrepreneur. You will be provided with fully trained employees, an existing business plan, and defined operating expenses. Browse our selection of existing franchises right here on BizBuySell, the largest franchises for sale marketplace on the internet.
While there are no guarantees for success, it is worth noting that franchises come with proven track records for success. Measuring profitability is not an exact science. To evaluate the probability of success of a franchise before you purchase, here are some important factors to consider.
Buying a franchise is a life-changing venture that should not be entered into lightly. We want to help you gain the information you need to make the best choices for you. With multiple industries and different investment range options to choose from, the franchising model is an excellent choice for building wealth and becoming a small business owner yourself.
Not only are franchises more likely to succeed than traditional businesses, but franchising is becoming a more popular route to business ownership. The International Franchise Association (IFA) released its annual report, which anticipates franchise growth of 2.2% in 2022.
The additional revenue stream for parent brands (franchisors) is a huge incentive for offering franchise opportunities, and the improved technologies and supply chain logistics have made it easier for brands to scale franchises.
Franchises only work because the franchisor has garnered enough brand equity or other proprietary value to pass on to other locations. The act of franchising involves scalability, and franchises need explicit support from franchisors to succeed.
Jan-Pro was founded in 1991 and has grown into one of the largest commercial cleaning brands. In response to COVID-19, many experts predict the commercial cleaning industry to see steady growth in and beyond 2023.
While opening a Taco Bell is not cheap (they have a $1.5 million net worth requirement), if you do open one, you stand to benefit from one of the most powerful franchises in the country. In fact, some estimates have Taco Bell owners earning between $80,000 and $100,000 annually.
Do you want to start a business by buying a franchise that cost less than $5,000? If YES, here are 50 best low cost franchise opportunities under $5k. Today, entrepreneurs have recognized the advantages of buying a successful business franchise as against travelling the business highway all alone. But a lot of aspiring business owners are terribly put off by the amount successful franchises go for, especially those in specific industries.
If you are in this category, then you should not fret because there are indeed successful business franchises that fall into any wallet size. It is for this reason that we are bringing you franchises in the United Stated that are just within $1 and $5k.
Businesses in the various industries are represented in this category, so you only have to take your pick and kick off your research. Franchises that are mentioned here require little or no overhead that is why they come really cheap. The business is then dependent on your abilities to drive it to success. 041b061a72