Cheap Franchises To Buy Extra Quality
To get you started, we have rounded up for you the top 20 low-cost franchise opportunities in demand in America today. These are all franchises under 10k and offer the opportunity to join the most profitable industries, from selling social media packages to food, exercise, and even commercial cleaning services.
cheap franchises to buy
The Coffee News franchise under the 10K franchise fee is an excellent opportunity for entrepreneurs who are looking for an affordable way to get into the publishing business. With over 1,000 franchises worldwide, Coffee News is a well-established company that has been in operation since 1988.
OpenWorks has been operating for 40 years and has reached 50 active states, making them one of the most nation-spread professional cleaning franchises. They already have trusted clients such as UPS and General Mills and are vetted by more than 1,700 franchisees.
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.
American Business Systems is the largest independent medical billing company in the United States and one of the best low cost franchise options for entrepreneurs interested in the healthcare industry. The initial franchise fee is all-inclusive, covering the extensive training program, lifetime 24/7 phone support, and all the marketing and tools to support their 12 income-generating services. Most franchise owners break even in less than a year with a single client or earn a 6-figure income with 4-5 clients, making it one of the most profitable franchises you can run from home.
If you want to be your own boss without spending all your time at work, Healthy YOU Vending is one of the best franchises to own. The higher initial investment amount is balanced by the lack of ongoing royalties, meaning your profits are all yours. That investment comes with an established brand and high customer demand for a healthier vending option. This makes Healthy YOU Vending a great way to get franchise owner support while earning passive income.
Run by the parent company World Travel Holdings, Dream Vacations is the #1 home-based travel franchise. Not only is it among the cheapest franchises to start, its low ongoing costs make it arguably the cheapest franchise to own, period. Dream Vacations also offers some of the best discounted investment prices for veterans, including 30% off the Dream Vacations franchise fee and waived training fees for military veterans and their spouses.
Mike has a franchise for small business hopefuls where you can get a franchise for sale by going to work for an Augusta Lawn Care Franchise for two years. His flat rate franchise fees are a rarity when you compare franchises for sale. Check out the three-part series where we follow one of the franchise owners who started by working for Mike.
A Jazzercise franchise is one of the cheapest franchises you can buy, period. They offer two franchise models. The Instructor Franchisee is perfect for those who just want to teach, while the Class Owner Franchisee is for entrepreneurs who want to own their own business. While the Jazzercise franchise fee is higher for Class Owner Franchisees, both options are very affordable and include access to proprietary choreography, branding and marketing material, and a worldwide support network of other franchisees.
United Country Real Estate is the only property management and real estate franchise firm focused specifically on rural areas. Franchise locations are available in Mexico, Canada, and Central America, as well as the United States. The initial investment and startup costs are low compared to other property management franchises, making this an affordable franchise opportunity for real estate agents.
Anago is a commercial cleaning franchise with a variety of janitorial, disinfection, and other cleaning services for businesses. Their proven business model offers two levels. The unit franchisee option is the best low cost franchise option, letting you become a business owner with low startup costs. Experienced entrepreneurs can opt for the master franchisee model to purchase an exclusive territory of cleaning franchises.
Founded by chef Barrett Allman, Chefs for Seniors is one of the best low cost franchises for cooks and food lovers. The company provides fresh food for seniors cooked right in their homes, a unique business model that both fills a need and has a high demand and revenue potential. That growth is only likely to accelerate as the U.S. population ages and the need for this type of service grows, making this a great opportunity to get in on the ground floor of a soon-to-be booming industry.
Started in 1937, the delicious donut recipes of Southern Maid Donuts have stood the test of time, and that long history is part of why this is among the best low cost franchises in the food industry. The initial franchise fee grants you the license, as well as the recipes, training, operating manuals, and guidance throughout the opening process.
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.
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.
Some of the fitness franchises need the owners to have some form of managerial experience. But most do not need you to have any fitness or gym experience. They will teach you everything you need to know. And they support your growth and answer our questions every step of the way.
We dug into the best gym franchises for you to invest in that will not cost you an arm and a leg. To help you make an informed decision, we have listed the franchises from the cheapest to the more expensive. We have looked at three key factors.
This franchise group boasts one of the biggest loyal customer bases across the globe. Jazzercise has over 8,500 locations in the USA alone. They ask for a super low initial franchise fee. And their upfront investment fee is very affordable. No wonder, Jazzercise is one of the most popular low-cost franchises in the industry.
Founded in 2008 and franchised since 2013, GymGuyz now has 125 active franchises globally. If you are interested in signing up with them, you would need an initial investment that ranges between $56,000 and $225,000.
Getting into business with them will mean that you will have to commit to a ten-year contract. This gym franchise group has lower investment fees than most other franchises. And they charge a six percent royalty fee and a two percent marketing fee.
9Round fitness franchises offer 30-minute workouts designed around the art of kickboxing. They incorporate circuit training, cardio, strength, interval, and functional training. All in a half an hour training session.
This franchise group was founded in 2010 and started franchising in 2015. Being new to the franchise market, they are already boasting close to 500 franchises globally. Their royalty charge is seven percent monthly. And active marketing will cost you two percent of your monthly revenue.
Burn Boot Camp was founded in 2012 and started their franchising journey in 2015. They are boasting more than 200 existing franchises across the United states. It will cost you in the range of $148,830 and $353,000 to invest into.
The initial investment in this traditional gym group is smaller than the investment with most other gym franchises. This makes them a great option if you are looking for something that you can start out small.
The first Club Pilates was started in 2007 and the group started their franchising journey in 2012. Boast more than 850 franchises across the globe and are growing strong. Initial contract terms are ten years and investment fees can range anything between $167,967 to $280,500. Royalty fees and marketing fees run at seven and two percent, respectively.
The only way to know which gym franchises will suit you best, is to do your own due diligence and investigations. You will have to make a list of the gym franchises that align with your financial affordability. Also look at the franchises that have available opportunities in your demographic area.
All franchises listed in this article welcome curious investors to request information for free. Simply contact the franchises you are interested in and they will be ready to guide you on your next steps.
In addition to viewing our list of inexpensive franchises below, we recommend that you consult our Franchise Directory. It is a great way to start your search and to get more information about available low cost businesses for sale. Research different franchises and business opportunities, explore what they have to offer in order to ultimately find the right low cost business for you and become your own boss! 041b061a72