Looking for low cost franchises with a high profit? We’ve got five franchises for your comparison below. Who do you like?
|Zac’s Burgers||Baby Boot Camp||Dream Vacations||Mosquito Squad||Property Management Inc.|
What you need to start a Franchise
There are many things to consider before purchasing a franchise, but some of the most important have to do with the financial aspects of the contract. Every franchising agreement should clearly state any, and all costs related to the owners of the franchise. Additionally, if you are looking to purchase a franchise, check with the Better Business Bureau to make sure they are legit companies and not trying to trick you into buying a bad business.
A franchise fee is a cost that will be paid to the franchisor for licensing rights to their business model. This is the for the legal use of their established business brand, usually including connection to any national advertising and merchandising as well.
Some franchisors have tiered franchise fees based on the population of the location that you are going to place your business. Typically, if you are in an area that you want to prevent a competitor from opening the same franchise, then a premium franchise fee is paid for the exclusive rights to that area.
Many franchise owners require or at least require an initial investment to ensure that the franchise buyer is serious and committed to this new partnership. After all, it is their name on the line if a franchise location does not do well or never even gets off the ground.
Franchise owners often chose to combine the franchise fee and initial investment costs into one lump sum, while others separate them.
Collateral or Personal Assets
Asset or collateral requirements refer to your overall net worth. A franchise is not a get rich quick scheme. A successful franchise takes time and patience to get started and you need to prove that you have the financial security to weather that time.
Even if the franchisor does not require collateral or a minimum net worth, a bank is likely going to if you must get a small business loan to start your franchise. As with most things, there are requirements such as a certain dollar amount put back to offset set up fees if the business takes time to start producing revenue.
Low-Cost Franchises For Sale Now
Zac’s Burgers, home of the best burgers in Delaware County, PA is now available for two exciting franchise opportunities. Zac’s Burgers Restaurant and Zac’s Burgers Food Truck. Backed by over 30 years of restaurant experience, Zac’s Burgers Franchises are the best hamburger franchising opportunity on the market. And now with the foot truck franchises up and running, they offer you the best fast casual franchise opportunity with remarkably low start-up costs.
Zac’s Burgers franchises become part of the Zac’s Burgers family. And because of this, they give unequaled support to their franchisees. Want to start a food truck, but don’t know how to get started? Zac’s Burgers will train you personally to ensure that you have everything down before ever opening your own window.
Baby Boot Camp
founded in 2001 Baby Boot Camp is the brainchild of Kristen Horler. Baby Boot camp is a fitness program designed to help new moms get into shape without having to be apart from their babies. Baby Boot camp offers entrepreneurs a chance to offer fitness programs and socializing to new parents
With franchising fees starting at just $5000 and no royalty fees, Baby Boot Camp may be a viable option for some. Additionally, the franchise comes with an ongoing training program and webinars to support their franchisees.
If you love to travel and you are looking for a home-based business, then Dream Vacations may be worth a look. Dream Vacations are part of the Company Cruises family offering ongoing support for leaders in the traveling industry. Offering travel packages to hundreds of destinations around the world.
Dream Vacation franchises start as low as $495 for experienced travel agents, but even a novice can get started for a down-payment of $3500. With personal travel incentives and an industry-leading training program to get you started.
One of the highest demand areas for many companies is pest control. So, if you don’t mind fighting off pesky mosquitos then Mosquito Squad may be right up your alley. With initial investments and franchising fees starting at just over $17,000, you would be part of a growing family of bug fighters. But beware, while you can work Mosquito Squad from home, they do require a full-time operator to approve the franchise. So, you cannot start part-time with them.
Property Management Inc.
If you want to get your feet wet with rental properties than Property Management Inc. (PMI) may be a franchise to consider. PMI offers a comprehensive 6-week training course to all their franchisees to learn everything they need to know about property management before they are even open for business.
Now you know a little about 5 Low-Cost Franchises For Sale
There you have it, 5 low-cost franchises for sale to get you started. All these franchises have an ongoing support system, so you are not left to fend for yourself as soon as the papers are signed. So, whether you are looking to kill bugs, rent properties, provide people with the best burgers around then we’ve got you covered.