Who says that opening a franchise has to be really expensive? While those that are really attractive will definitely bring in a really high initial cost, there are many that you can easily take advantage of when your investment budget is really low.
With the low cost franchise opportunities that we mention below we focused on those that are available all around the world. Keep in mind that some that are even cheaper may be available at local levels.
Jan-Pro appeared in Rhode Island in the year 1991. Franchising actually started in 1992, giving access to single-unit and master franchises. Now we are faced with over 10 thousand units just in USA and Canada. The franchises will offer business commercial cleaning services and the intended clients are gyms, car dealerships, offices, schools and churches.
The total initial investment you need varies between $3,000 and $50,000, with an ongoing royalty fee of 10 percent and a franchise agreement term of 10 years. You just need the investment amount and around one thousand dollars in liquid cash.
H&R Block appeared from the partnership of brothers Henry and Richard Bloch in the year 1955. Over 600 million tax returns were formed at the time, with the firm becoming public in the year 1962 and franchising since 1956. This company offers desktop and online software products for various financial services but focuses on tax returns.
The initial investment in this case will range from $30,000 to $150,000, which is definitely a lot more than you would expect on this list, but much less than with other options. Royalty fee is 30%.
This is definitely an interesting and attractive franchise opportunity for those that want to start working in the travel industry. What is interesting is that you can easily run your franchise from home, offering travel packages of different types but also bringing in various interesting extras like car rentals and travel insurance. The initial investment ranges from $2,000 to $22,000, making everything a lot more affordable than with other options. To make matters even better, royalty fee is just 3%. However, you do need $10,000 liquid cash available to start the operation.
Vanguard Cleaning Systems
The firm appeared in 1984 and franchising was nearly instant. We are faced with a private firm that has its headquarters in California. Over 10,000 commercial cleaning accounts are currently serviced by franchisees. You gain access to a master training program that is perfect for the beginning entrepreneur.
Initial investments vary from $10,000 to $35,000. Royalty fees sum up at 10 percent and you need liquid cash ranging from $3,500 to $28,000. You can run this franchise from home if you want to.
This is a perfect franchise opportunity for those that want to go into jazz dance teaching. The firm actually appeared in 1969 and franchising started 6 years after that. At the moment, there is an official search for brand new franchising units in various parts of the world but this can change so check. The initial investment needed is $3,500 to $75,000 and the royalty fee you can expect is 20%.