Southern Company ranked nearly 100 places higher than the next peer company . They have 70 combined years of experience in the c-store/food service industry. In fact, you will find that the cash required for the hottest business opportunity and to start your own business will not be more than 10,000 dollars. Youll be able to choose from three different franchise packages and once you make the initial investment, all the commissions you make stay right in your pocket. And Octoclean franchises start at around $8,000. There are a lot of franchises for under $10,000 to choose from. Franchisees had mixed results as far as earning a profit, but all said they learned a lot about running a business. CleanNet USA Inc. offers in-house financing to cover franchise fee, equipment, accounts receivable and the company has relationships with third-party sources which offer financing to cover startup costs, inventory, accounts receivable, and payroll et al. Before writing for Fit Small Business, she reviewed business software and services for other online websites. Founded in 1984, Vanguard Cleaning Systems 3,000-plus franchised commercial cleaning businesses are licensed and supported by a master franchise network of 50-plus independent regional offices throughout North America. Baby Boot Camp is headquartered in 8830 S. Tamiami Trail, #100 Sarasota, FL 34238, Inspiring Wellness LLC is the parent company of Inspiring Wellness LLC and you only need a minimum of just one employee to be able to operate this franchise. With franchises in 46 states, Sonic offers a strong franchise opportunity that comes with a cult following for their unmistakable menu items (cherry limeade, anyone?) The low investment threshold and net worth requirement also make Snap-On a promising option for would-be owners that arent flush with the kind of cash needed to sign on with other franchise businesses. Keep reading to learn more about the 10k franchises you need to consider! Plus, theres always potential room for revenue growth down the line. Please note that you would need a minimum of 1 full time employee to operate this franchise. Home inspection services are always in demand, particularly in parts of the country where home sales are hot and the real estate market is hopping. If you love staying in shape and want to help other moms get in shape, Momleta may be the franchise for you. As part of our research, we worked directly in consult with experts at FranchiseGrade.com and selected the best 19 best franchises under $10,000. Pizza brand Little Caesars has restaurants across 27 countries and territories, but to date hasn't managed to successfully penetrate the valuable UK market. Estimated Earnings: $8250 per month (CareerBliss). Mark Salek founded CleanNet USA in 1987 and opened the companys first office the following year in Columbia, Maryland, providing cleaning services to commercial clients in the Baltimore/Washington, DC, area. Initial investment: $575,422 to $1,497,372. You can build apps for businesses to help them increase sales and reduce costs. Initial investment: $1,236,800 to $3,536,300, Net-worth requirement: $1 million to $2 million, Liquid cash requirement: $500,000 to $1 million. Maid Simple House Cleaning is one of the leading residential cleaning companies in the United States of America. as well as a continuous flow of new products direct from the brand to local businesses, including yours. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Starting with just three schools in 2010 offering the kids tennis program in 2010 and then adding the kids Golf curriculum program in 2013, The Kids Sports Business has now been featured in 100s schools across the country, with 1000s of kids having successfully taken the kids tennis and golf classes and Coach Greg has perfected the model for any would be entrepreneur to launch in their local area! The Coffee Beanery opened its first stores in the United States in 1976, before the American public knew the term specialty coffee. In the 30 years that have followed, the Coffee Beanery continues to build its brand and franchise organization on the principles of time-tested and honored traditions and values. Youll be trained to advise on over 100 financial facilities, 50 financing types, and 6,000 funding scenarios from Advisory Capitols lenders and funding partners. We're pretty positive this is a name you know . advantages and disadvantages to franchising. 10 local leads for you to start off with. This e-commerce franchise requires just $3,995 to get started (though you can of course choose to invest more). Starting a franchise with N2 Publishing will require you to get your hands dirty as a marketer. These vending machines focus on PPEs, like masks, gloves, and hand sanitizers. Krispy Krunchy Chicken was established in 1993. There are both advantages and disadvantages to franchising, so make sure you weigh the pros and cons before moving ahead. Krispy Krunchy Chicken specializes in remodeling, re-design, and construction planning. There is a great deal of flexibility with this business model. Within a decade or less, franchising will comprise over 50% of the retail economy, will employ millions of people, and will enable hundreds of thousands to realize the American dream of successful business ownership. The company provides a white-label business system that you can set up with your own brand online. S. Concord, NC 28027 and the current CEO of the company is Jerry Grawboski. Dream Vacations is the largest franchiser of independent cruise agents in North America. A great franchise leader is one who truly believes in whats being sold, and wants to stand out both in their local business landscape and also as a franchisee across their parent corporation. All these franchises require low initial investment and operating costs. Her educational credentials include a bachelor's degree in English from St. Lawrence University and a master's in special education from SUNY Plattsburgh. With a Dream Vacations home-based travel agency franchise, you can help people achieve their dreams while owning your own business. Franchising of the concept began in 2005, about 14 years ago. It was founded in 1996 by Arleen Cavanaugh, one of the founders of Jani-King. Stay Safe Vending is a new company focusing on personal protection equipment, making it very applicable to a COVID-19 world. HomeTask founder, Jerrod Sessler used his construction experience to start the handyman franchise in 2002, and in 2004 it became the first HomeTask brand to be franchised. With a Sherris Crab Cakes franchise, you will hit the ground running! If you have at least three years sales experience and are looking for a franchise you can run from home, Town Money Saver (TMS) might be right for you. OpenWorks has been operating for 40 years and has reached 50 active states, making them one of the most nation-spread professional cleaning franchises. Interested in the cleaning industry? You resell social media packages to local companies. Their kinetic gum or candy machine features a customizable sound chip, live action, music and much more. As businesses open, cleaning and disinfecting are more important than ever. Formed in 1998, Lil Angels LLC takes portraits of thousands of children from infancy through school age each year. Java Dave's Coffee. In-Line Quick Service Format: $454,000 . SlipDoctors International offer packages that are reasonably priced. Learn more about Jan-Pro Cleaning & Disinfecting. Individuals want to fulfill their dreams of turning their hobby into a business or investment that will allow them to win back time. Entrepreneur Magazine ranked FIT4MOM among the fastest-growing franchises of 2019. Eazi-Apps charges a monthly per-app fee. In addition to the certification training listed above, you may also have to apply for licensure in your state. Winzer is highly regarded and recommended by FranchiseGrade.com. Veteran Incentives Interest-free loan on franchise fee, Veteran Incentives 10% off franchise fee, Veteran Incentives $3,000 off franchise fee, Total Investment Range $15,200 $119,950. 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 doesnt require a ton of startup capital to get things rolling. We took into consideration COVID-19 adjustments such as ways the franchise adjusted around social distancing and sanitation requirements. Vernon Street Capital is a full service financial company that provides an extensive portfolio of products and services to help individuals get started in the lending industry. By the late 80s, AlphaGraphics was aggressively pursuing the global marketplace, becoming the first U.S. printing franchise to expand internationally. Fit4Mom offers a lower-cost franchise than many fitness brands. Both participants of the franchise relationship win. With the businesss initial franchise cash required, secure the following: Fitness for new mothers is a high-demand service, especially since group exercise has become more popular. This gym franchise focuses on offering group workouts as well as solo workout equipment. The cost of buying a franchise varies widely, from franchises under 10k to those costing millions of dollars. And they promise they will be there with you to help along the way. They provide updated routines, and training, as well as a music playlist, all in one package for you to easily get started. OpenWorks is a franchise in the commercial cleaning industry, a $70 billion industry. Lead Assigning Editor | Small business finances, investing, banking. Here are tips for choosing your best match: The cheapest franchises to buy can usually be run from home and require little to no equipment. MOMLETA (Baby Boot Camp) The franchises in this industry are booming as individuals are eager to spend their money on unique experiences and trips. They will provide you with all the training materials needed, as well as bring in the customers to you so that you can focus on your own business and quality service. DUCTZ was started franchising in 2004 and they have 128 existing franchise units spread across the United States of America and they are still seeking for more investors to come in and buy their franchise. Steak n Shake also offers various operating formats and their costs are different from the traditional free standing restaurant. Disclaimer: NerdWallet strives to keep its information accurate and up to date. You'll then be given everything you need to start your business, including leads and business cards. With a total upfront investment of just $8,200, this is an easy franchise to break into. Edgemaster Mobile Sharpening is a knife & garden-tool sharpening business that was founded in 2000 and they have been franchising since 2009, about 10 years ago. There are several companies whose franchises are up for sale and it is your responsibility to do your research to be sure you are buying a franchise that will serve your business purpose. This is one of the more popular jobs for ex chefs who have a knack for food, photography, and showcasing local restaurants. Youll make money off the ads you sell while TMS will handle the printing, mailing, and graphics coordination. In this list, we'll take a look at the initial investment, the franchise's growth rate over the past three years, and the number of franchise locations, or franchise units. Gyms tend to be challenging to open, but Planet Fitness's main market is fitness first-timers, which means that these gyms can benefit from high retention rates through low prices and high sign-ups. Drone franchise services can provide a structured approach to safety, flight operations, regulatory compliance, training, client services and marketing. 5. Best of all, the franchise provides members with a keycard to access the gym during off-hours, allowing people to work out on their schedule. Coffee News is a fun weekly publication distributed free to restaurants, coffee shops, and other waiting areas providing a quick read while waiting for food or service. Get free and comprehensive info today! All Rights Reserved. Are You Ready To Franchise Your Business? The dedicated Cold Stone team will assist you with important pre opening steps such as site selection, design and construction, as well as your grand opening plan. Baskets can be custom made for any occasion. What inexpensive franchise is the most profitable to own? Freddy's Frozen Custard and Steakburgers. Popular franchises including food, health & wellness and more. Thinking About Buying A Franchise? However, for several, your income comes from ad sales, so dont consider these unless you enjoy the hustle of sales. Their franchise model will provide you with the tools, support, backbone and partners network to give you a significant head start. FIT4MOM offers pre- and post-natal health, wellness, and fitness programs for every stage of motherhood. YouTube, 228 Park Ave S # 20702 However, with these low-cost franchise companies, youll have more money to invest. These franchises dont require much equipment or space, so theyre simple to start and run. 1. If the trend is here to stay, could the YOLO economy inspire a whole new generation of franchisees? A spare room or small area is all you need to assemble your baskets. In addition to serving major government, financial, medical, legal, high-tech and manufacturing industries, PROSHRED actively services the growing home office and residential shredding markets. Plans range from $149 to $300 per month. Maid Simple House Cleaning has her corporate head office at 4 Concourse Pkwy., #201 Atlanta, GA 30328 and the current CEO of the company is Bart Pruett. Its all about advertising and selling local. Find the best cheap franchises for sale. There are more than 700 locations around the world along with integrated commercial cleaning and business operations training. If youre into fitness and want to help moms, then MOMLETA (which includes the popular franchise Baby Boot Camp) may be perfect for you. All you need to do is choose which options are best for you! In fact, when Dunkins first franchises returned to southern California, customers lined up at 5 a.m. in some locations, just to be among the first to get their fix. The Picture Podium is an open air photo booth, social media sharing station, professional photo printer, and a business marketing kiosk all in one. Ameriprise Financialfocuses on providing individuals and businesses with financial advice and support. Do not sell or share my personal information. SocialOwl is not a traditional franchise, so much as a software-and-business-starter to help you create your own social media marketing business. How much does it cost to purchase a franchise? Its a lucrative one it has a growth rate of around 5% but it can be hard to find work without a franchise name backing you up. This company offer Sherris Crab Cakes franchises in markets where they are approved to sell franchises. Rebekah is a writer who covers all things education, business, agriculture, and finance. McDonalds is one of the more expensive franchises around, but has perhaps the best brand recognition in the world. Sitter4Paws has her corporate head office at 1329 N.E. Enjoy the flexibility that comes with working anywhere in the world, at any time. People are always going to need loans, making this one of the more noteworthy future proof jobs. Featured in CNBC, Entrepreneur Magazine, Forbes, Thrive Global, and many others! And, since its start in 1996, Sherris has sold over 1,000,000 Crab Cakes. 18 Affordable Franchises Under 10K in the U.S. Food & Beverage Franchise opportunities You can never go wrong with the food service industry. With the pandemic and lockdown finally over, people are ready to get back to holidays and travel. If you want time to train and can be patient for the eventual boom in travel, they could be a future choice in a post COVID-19 era. But you can join this established network of 200 partners and benefit from a Business-in-a-Box solution. Travel is Travel Leaders Group and they are seeking new franchise units throughout the United States of America. Whilst franchise sectors such as hospitality and retail have suffered significantly during the pandemic and are braced for a further battering during the predicted recession, home service franchises report increased demand both for their core services and for their franchise opportunities. Today, TMS reaches more than 2 million homes through its franchisees who are at the forefront of creating the monthly publication together with their local businesses. Today, digital ads is a $72 billion industry, which makes up approximately 41% of a business's total ad spend. Meanwhile, College Pro offers an excellent opportunity for college students and recent grads, while POOP 911 is a rising industry in cleaning up after other peoples pets. There are many ways to fund a franchise. Winzer Retail and Supplies Franchise. Once certified, entrepreneurs are able to earn their income through commissions on qualified leads and successful loan applications. The majority of local businesses have a website that is outdated and slow. Creativity is not a pre-requisite! Few fitness franchises are as hot right now as Anytime Fitness. Youll pay $149 to $249 per month until you get established. It does not require a franchise fee but rather a royalty. 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