If you want to become a new business owner, buying a cheap but profitable franchise is one of the safest options open to you. A franchise will spare you some of the overwhelming management responsibilities. You do not have to hire staff or market your business without professional help. Picking a franchise will let you enjoy business ownership while depending on proven business models. When looking to buy a franchise today, it is important to choose one that you can afford to maintain even when the market takes a downturn.
But, not all franchises will cost you an arm and a leg. This article will cover some of the cheapest and most profitable franchises. They are all suitable for investors who are looking to play it safe. Simply because a franchise has low startup costs does not mean it offers low profits. Hard work and strong support can make many cheap franchises just as profitable as the more expensive ones. You can own these franchises for about $20,000 and the extra amount needed to sustain the business until it makes a profit.
U.S Lawns Franchise Company
U.S Lawns Franchise Company is one of the most established lawn care franchises in the country, with over 25 years of experience helping entrepreneurs grow successful businesses. U.S Lawns Franchise Company has a low initial investment requirement, and the available ongoing support and marketing efforts ensure your business stays top-of-mind with potential customers. What’s more? U.S Lawns Franchise Company offers the expertise and support you need to grow your business with its vast network of franchisees, business coaches and industry experts.
Monkey Bars Garage Storage Solutions
This is one of the cheapest yet most profitable franchises on the market. The initial franchise fee is $5,000. When you invest in Monkey Bars Garage Storage Solutions you will provide services like floor coatings and shelving systems. The company will supply you with items you need like overhead racks, full wall tiles, slate wall tiles, and garage cabinets at a low cost. When well run, franchisees witness large profit margins because the business has very low overhead costs.
Also, you will not have to pay royalty fees and you will receive training, support and exclusive protected territory.
Cruise Planners offer franchisees the unbeatable feature of being flexible enough to be run from home. Needless to say, eliminating the cost of leasing new premises significantly lowers the investment required. The company represents American Express and is one of the most popular cruise planning companies in the industry. You can expect a franchise fee of about $10,000 and an initial investment ranging between $2,000 and $25,000.
Investing in the franchise means you can benefit from affiliation with American Express travel representatives, business development coaching and web-based training courses on various relevant subjects.
Since 1969, Jazzercise has been offering franchisees the opportunity to make large profits for a small investment. It is a health and fitness franchise that has never lost its popularity. If you want to teach Jazzercise, the franchise fee is $2,500. Starting a Jazzercise center will cost you between $9,000 to $38,000. You will also be required to make an initial investment and find an appropriate location. The initial investment will be based on facility rent, business supplies, labor costs and sound system.
SuperGlass Windshield Repair
SuperGlass Windshield Repair is a very profitable global franchise based in Orlando. Its franchise fee ranges between $5,000 to $18,000. You will also require to put down an initial investment anywhere between $18,000 and $85,000. The best thing about SuperGlass Windshield Repair is that you can get your business up and running after only a few weeks of training. The business is low cost and profitable because of its focus on mobility which enables franchisees to stay competitive and anticipate customer demand.
Time to Eat
This is a food delivery franchise with a fee of about $12,500 and an approximate initial investment of $25,000. As a Time to Eat franchisee, you will be able to take advantage of the profitable food delivery market. You will start a grocery and restaurant delivery business without having to worry about the equipment, payment processing and marketing materials. This franchise brags the rare feature of not charging franchisees monthly royalties other than the one-time franchise fee.
You can own a Fit4Mom business by paying the initial franchise fee ranging from $6000 to $10,000. You will also be required to pay an initial investment which could be between $6,000 to $25,000. Fit$Mom may be a lost-cost franchise but it is very profitable because fitness programs for moms and kids are in high demand. The business offers franchisees flexible scheduling options and the ability to run their own Stroller Stride, Fit4Baby and Body Right classes.
This franchise is not as demanding as others and allows you to run a profitable business at a convenient place and time. You will enjoy exclusive territories, support from a dedicated Fit4Mom team and flexible work schedules.
Explore these franchise opportunities to kickstart your business with a not-so-high investment and enjoy all the benefits that come with a franchisee title.