Top 50 Low-Cost Franchises of 2021
- Visiting Angels. We are America's Choice in Senior Home Care. ...
- Dream Vacations-CruiseOne. Turn your passion for travel into an exciting business and own the fastest-growing travel agency franchise.
- Fibrenew. ...
- MaidPro. ...
- 360clean. ...
- ActionCOACH. ...
- WOW 1 DAY PAINTING. ...
- Soccer Shots. ...
- Heaven's Best Carpet Cleaning. ...
- Payroll Vault. ...
Full Answer
What is the best low cost franchise to own in 2022?
Hardee’s Restaurants is a Top Franchise Opportunity of 2022 8. Sport Clips is a Low-Cost Franchise to Own 9. Sonic Drive-In is a Franchise Opportunity Under 50K 11. Cruise Planners Franchise Can Be Owned for Under $1,000 11. RE/MAX is a Low-Cost Franchise Opportunity
How much does it cost to start a low-cost franchise?
Indeed, some of the best low-cost franchises can be started for only a few thousand dollars, which is unheard of with big-name franchises like McDonald’s. To help you find the best franchise opportunities, Seek Capital assembled a list of the top low-cost franchises.
What are the best house cleaning franchises to start in 2021?
Merry Maids has this in spades: As one of the largest house cleaning companies in the United States, this franchise is easy to set up and doesn’t require a ton of startup capital to get things rolling. As you’re looking into the best franchise opportunities for 2021, one thing to keep in mind is how you’re going to pay your franchise fees.
What are the best home-based franchises with no overhead costs?
This home-based franchise opportunity includes no overhead costs or inventory. If you want an affordable franchise option and the ability to work from home, Dream Vacations is a strong choice. 11. Five Star Painting
What is the cheapest 2021 franchise?
12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...
Which franchise is best and cheapest?
The Best Low-Cost Franchise Businesses—Himalayan Range. The Himalayan range is a kitchenware brand that has expanded to become a global brand. ... Bean Beans. Bean Beans is a well-known cafe in Allahabad that has won numerous honours. ... Jugnoo. ... American Kidz. ... Cheops. ... Archies. ... Franchise of PMKVY. ... Scoop Amul.More items...•
What franchise can I buy for $100 K?
Best Franchises Under $100kHealthier 4U Vending.Healthy YOU Vending.Hommati.ClaimTek Systems.American Business Systems.Your CBD Store.One Day Doors & Closets.Dickey's Barbecue Pit.More items...
Is 2021 a good time to buy a franchise?
Thanks to the Coronavirus Relief Funding options (such as the CARES Act), starting or expanding your business has become more feasible with loans guaranteed by the Small Business Administration (7). 2020 and 2021 will be optimal years to take advantage of low interest rates and better deals with the franchisors.
Which franchise makes the most money?
According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.
Is owning a franchise profitable?
Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
How much is 711 franchise?
What Does a 7-Eleven Franchise Cost? To buy a franchise with 7-Eleven, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $37,200 - $1,635,200.
What franchise can I buy for 50k?
Keep in mind, some home-based franchises can have business activities (such as completing a service or a sales visit) take place at other locations....Healthy YOU Vending. ... SiteSwan Website Builder. ... American Business Systems. ... ClaimTek Systems. ... Snapchef. ... CLOZETIVITY Custom Closets. ... Mr. ... The Patch Boys.More items...
How much is a Dunkin Donuts franchise?
Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.
What is the success rate of owning a franchise?
Or you may land on this gem from About.com: "Some studies show that franchises have a success rate of approximately 90 percent as compared to only about 15 percent for businesses that are started from the ground up.
How do you become a Walmart franchise owner?
Unfortunately, you cannot buy a Walmart as of 2022. Walmart is made up of various shareholders which makes Walmart not able to be a franchise. The Walton family still owns over 50% of the company through Walton Enterprises LLC and the Walton Family Holdings Trust.
Why is there a franchise in 2021?
With franchising's proven resilience, 2021 is anticipated to yield steady growth for the business model. As in previous recoveries, franchised brands are expected to see significant sales growth, new unit development, and job creation.
When buying a franchise business, is it important to know that there are options at a range of price points?
When buying a franchise business, it’s important to know that there are options at a range of price points. And, if you’ re concerned about affordability, there’s always the option of taking out a loan to help you along the way.
What is franchising a company?
For one thing, a franchise already has an established brand and customer base. The parent company—or franchisor as they're called more commonly—has already done some of the hard work, such as creating the business concept, designing the logo, and developing marketing materials.
When was the home inspection franchise started?
This professional home-inspection franchise was started in 1994, and has become the preferred home-inspection company by a number of real estate partners. Join their franchisee team and enjoy the benefits of work-life balance and a proven business model. 9.
When was the Soccer Shots franchise founded?
For aspiring business owners who love kids, fitness, and the great outdoors, a Soccer Shots franchise could be the perfect fit. Founded in 2005 by two former professional soccer players, this national franchise enrolled more than 350,000 kids in youth soccer programs last year.
Is Chem Dry a franchise?
With an average of 10 billion square feet of carpet installed each year, it’s no wonder that Chem-Dry has become a successful franchise business. Chem-Dry was founded in 1977 with the goal of cleaning carpets and keeping them clean, and since then, they’ve had a consistent track record of supporting their franchisees to build thriving businesses.
Is Lil Kickers a good franchise?
Lil' Kickers offers a great cheap franchise opportunity with a small initial investment. While primarily a soccer program for young kids, they also advertise their locations as developmental centers that have impact with kids beyond the soccer field. If you have experience with kids or simply want to give back to your community, consider opening a Lil' Kickers franchise for a rewarding business experience.
Do I need capital to buy a franchise?
Now, you—the franchisee—can jump in and carry out the day-to-day responsibilities of business ownership. As with any business, of course, you need capital to buy a franchise. Every franchise requires some initial money up front and an ongoing investment of dollars and time.
Why do you need to line up additional funding for franchise?
On top of that, always make sure to line up additional means of funding because franchise financing doesn’t usually cover the whole cost of initial investment. Either way, franchising can be a great way to fulfill your entrepreneurial spirit while reducing the risk by adopting a proven business model.
How much does Dream Vacations cost?
Dream Vacations has some of the cheapest franchise fees of the franchises on our list, ranging from just $495 to $9,800.
Is Cruise Planners an American Express franchise?
Cruise Planners is the only travel franchise with an American Express Travel Affiliation. This carries some significant advantages compared to other travel franchises. The credibility and brand recognition alone that American Express brings to the table is huge for Cruise Planners franchisees.
Is McDonald's a franchise?
Affordable franchises can be found all over, whether online or in person. While some of the names on this list may be unknown to you, they still offer great opportunities to scale and earn revenue, while at the same time, remaining far more affordable than the bigger name brands in franchising, such as McDonald’s and Dunkin’ Donuts.
Is Dream Vacations affordable?
With very little overhead and no inventory, Dream Vacation franchises are markedly affordable. Another source of affordability is that Dream Vacations is a home-based opportunity, based on consumer-facing and mobile-friendly websites that are customized for your business.
Does Destination Athlete have a retail storefront?
As a result, having a retail storefront is merely optional, which helps keep overhead, initial investment and other fees comparatively low. Also, when you franchise with Destination athlete, you get exclusive marketing rights to the county in your state.
Is Birthdaypak a franchise?
BirthdayPak, like so many low-cost franchise opportunities, is home-based and boasts low startup costs, no equipment necessary, no employees needed and ongoing training and support. BirthdayPak is essentially a marketing franchise in which BirthdayPak franchisees connect business owners to customers through gifting.
Visiting Angels
We are America's Choice in Senior Home Care. We offer non-medical services to Seniors. Visiting Angels has been fine-tuning our systems throughout the past two decade...
Dream Vacations-CruiseOne
Turn your passion for travel into an exciting business and own the fastest-growing travel agency franchise. You can own your own business in a fast-growing industry from the comfort of your own hom...
Fibrenew
Since 1987, we have built and refined a robust franchise business system. This includes the research and development of our proprietary product line, highly specialized techniques, exceptional trai...
Cruise Planners, an American Express Travel Representative
Cruise Planners, an American Express Travel Representative, is the largest home-based travel agency franchise in the nation with over 2,500 franchise owners in all 50 states. Cruise Planners franch...
MaidPro
The home cleaning industry is growing fast, and MaidPro helps you capitalize on that growth. You’ll lead your team of cleaning professionals, be your own boss, control your future and attain ...
360clean
Have you been searching for a franchise opportunity that offers high earning potential, low investment and the ability to run the business from home? You should consider a 360clean franchise....
ActionCOACH
ActionCOACH is the World’s #1 business coaching firm. Currently, ActionCOACH has nearly than 1,000 coaches in more than 70 countries, and ActionCOACH delivers it's proven business develop...
Rhea Lana's
Rhea Lana's is an upscale children's consignment pop-up event. As a Rhea Lana's franchise owner, you will be able to benefit from a flexible lifestyle while earning income for your family. Rhea Lana's can fit into your family, whether you are a full-time working mom or a stay-at-home mom.
NextHome
NextHome is a progressive real estate franchise with consumer-focused branding, technology and marketing. Our flexible pricing model and competitive programs, empower our brokers and agents to provide excellent service without compromise.
Town Money Saver
Town Money Saver (TMS) offers local businesses quality advertising that attracts repeat customers and maximizes their return on investment. TMS has been structured to provide you with the tools and management knowledge to effectively and profitably produce a monthly community publication.
Dream Vacations
With a low-cost franchise that has low overhead and no inventory, the world is your oyster when you start a travel agency franchise with us. Pursue your dreams of running your own home-based travel business and seeing the world by helping others plan the vacations they’ve always dreamed about.
Jazzercise
Have you ever wanted to own a business in the fitness industry? Jazzercise offers you the low cost franchise opportunity to own your own business while staying fit and enhancing the lives of others through exercise and dance.
TSS Photography
Flexible, fun, and low investment – if you are looking for photography franchise opportunities, TSS may be the perfect fit. Whether you want to expand your existing photography business or begin a new venture you can be passionate about, a TSS photography franchise can help you achieve your goals.
Stratus Building Solutions
Stratus Building Solutions is leading the way in health and environmentally conscious commercial cleaning services provided by expert-level franchisees.
Why invest in a cheap franchise?
For instance, being accountable to yourself and nobody else is one popular reason why people choose to invest in a franchise. When you’re the boss, you don’t punch a clock. You work hard because you know that in the end, it will pay off.
Why are business opportunities less expensive than franchises?
Because they usually don’t come with the typical training and support franchises offer , business opportunities tend to cost less than franchises. However, just because it’s classified differently doesn’t mean that a business opportunity can be any less fruitful than an opportunity classified as a franchise.
What services do franchises not require?
Some franchises that don’t require large start-up costs or franchise fees include those that focus on financial services such as tax preparation, vending machine ownership, lawn care, medical billing, cleaning and janitorial services, booking travel, and even children’s dance instruction.
What is a business opportunity?
A business opportunity (sometimes referred to as a “bizopp”) is the sale of a system the licenser has cultivated and is confident will be profitable when replicated, similar to a franchise. However, once the purchase is finalized, and training—if applicable—is completed, the relationship is usually over.
Is it good to start a low cost franchise?
Another benefit to starting a low-cost franchise is in many cases you can keep your day job while you get it up and running, so you still have financial security. Once you start making a profit, you can transition into making it your full-time occupation.
What is the biggest music training establishment in the United States?
School of Rock is the biggest music training establishment in the United States and has in excess of 29,000 understudies around the world. This music business was begun in 2007 is as yet developing – somewhere in the range of 2014 and 2018, it added 70 units to its establishment framework. It has a mid-point initial investment of $237,975.
Is 7-11 the smallest franchise?
The photo above shows the world’s smallest 7-Eleven! While you might not the smallest location, 7-Eleven is still a great franchise opportunity. When you think about the absolute best companies in the world, 7-Eleven doesn’t usually come into thought.
Is Merry Maids a franchise?
Merry Maids is one of the largest house cleaning franchises in the United States, and they are excited that you are exploring our franchise opportunity! As part of the Merry Maids family, you’ll have the independence of owning your own business while being supported by a brand with national recognition. With your drive and dedication and the company’s decades of industry knowledge, together you can accomplish amazing things.
What type of loan do entrepreneurs take?
Many entrepreneurs choose to take advantage of a business loan, including SBA loans, business lines of credit, term loans and equipment financing. To begin, check out the best franchise financing options.
Is McDonald's the most expensive franchise?
We’re pretty positive this is a name you know. McDonald’s is one of the more expensive franchises around, but has perhaps the best brand recognition in the world. If you’re able to open a McDonald’s franchise in a well-trafficked area without much competition, you may be able to quickly recoup the initial investment.
Is Ace Hardware a good franchise?
Ace Hardware is an excellent franchise prospect for providing an antidote to the big-box home improvement store experience, which is typically marked by unhelpful staff and overwhelming product choices. Instead, Ace Hardware locations pride themselves on hiring staff that put customer service at a premium and keeping product choices to a reasonable selection. Their franchises make it easier for local hardware stores to remain competitive against mega-stores by way of their cooperative structure and store-brand products.
How long does it take to get a 7-11 franchise?
7-Eleven is one of the most popular convenience stores in the country. Getting started with a 7-Eleven franchise takes a few months and it comes with training. Brand recognition is also strong with 7-Eleven.
How long do you have to provide a franchise disclosure document?
According to the Federal Trade Commission, franchisors must provide this document to a prospective franchisee at least 14 days before signing a contract or accepting any fees.
Is Solar Grids a good franchise?
Solar Grids franchise owners focus on the sale of solar panels to homes and businesses. They do not handle the installation of the systems, making this a good franchise if you want to focus on sales and management.
Is Dream Vacations a franchise?
If you want an affordable franchise option and the ability to work from home, Dream Vacations is a strong choice.
Is Nothing Bundt Cakes a franchise?
Nothing Bundt Cakes has locations all over the country, providing a small shop feel for its bakery despite being a franchise. This is a great opportunity if you want to own a bakery without spending time building your customer base.
Is Oxi Fresh a good company?
Oxi Fresh Carpet Cleaning is one of the world's largest carpet cleaning services. It is also one of the most environmentally friendly. Some of the benefits of owning a franchise include the low startup costs and the ability to operate out of your home.