Buying a franchise is in every way better than owning a stand-alone business. The initial investment is lower, and so are the risks, not to mention the parent company offers comprehensive support to the franchisee. It’s the reason why the franchise sector in the USA has been a flourishing industry with more than 773,603 establishments as of 2020 spanning multiple brands. Nevertheless, even owning a franchise is a significant investment and requires initial funding. If budget is a constraint for you, then here is a list of America’s top low-cost franchises to own.
Let’s start with a fitness franchise, shall we! Jazzercise was founded in 1969, and it started franchising in 1982. If you are a fitness enthusiast and want to do something around those lines then this is the right low-cost franchise for you. You can become a certified owner instructor working with clients to get fit and healthy.
The initial investment for Jazzercise starts from $2500 with a royalty fee of 20%. You would have to give a franchise fee of $1250. As of yet, there are 8930 franchise units of the brand.
- Super Glass Windshield Repair
Don’t have any specific skills and yet want to start a business with minimal investment? Then go for Super Glass Windshield Repair. The Orlando-based company provides a few weeks of initial training to the franchisees, followed by all-time support. It is easy to get a grip on how the work has to be done while owning the franchise. The franchise operates all over the US states and has a high demand amongst customers with a good market reputation.
The initial investment starts from $18,685 with a franchise fee starting from $5000. The aspiring franchisee must have a minimum net worth of $15,000.
- Dream Vacations
People who have always wanted to be associated with a business based on travel and tourism can fulfil their wish by buying the Dream Vacations franchise. This is a home-based tour agency that was founded in 1991 and opened up for franchising in 1992. After buying the franchise, you would receive it in Florida’s Fort Lauderdale where the headquarters is situated. The company would further help you with website design, booking software, invoice generation, and other operations.
The initial investment for the franchise business for sale is $9800 with 1.5%-3% annual commissions. As of now, there are more than 1200 franchises active under the company.
- TSS Photography
Are you an amateur photographer who gets complimented for amazing shots? Why not make a business out of it without shelling out too much money for investment? TSS Photography is one of the leading low-cost franchises with you, find it in every franchise magazine in the US. The company started in 1983 and started franchising in 1984.
The initial investment cost is $10,500 with royalty fees that depend on the costs of the print production.
Hopefully, the article would help aspiring franchisees looking for a notable brand to collaborate with at an affordable initial investment. For more such insights and reports on franchising opportunities in the USA, subscribe to https://franchisingmagazineusa.com/