Franchising is the easiest way to break into the entrepreneurial world for aspiring business owners who don’t know how and where to start.
This is the chance for them to realize their business dreams without having to start from scratch. And for franchisees with constricted capital, there are several affordable franchises available.
You can browse online to check the top investing course for franchise owners to help you out. Meanwhile, here are ten compilation of franchises with an initial investment of $50,000 or less:
Food Franchise
Time To Eat Deliveries: This franchise can help you prepare your equipment, marketing materials, websites, mobile app, phone service, SEO, advertising, social media, merchant service, GPS tracking for drivers, licenses and permits, and many more. Their package is a one-time fee only with continuous help for years without additional charge.
Minimum Cash Required: $12,500
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: Yes
- Special Offer: 10% off to qualified veterans and seniors
It is important to check if the franchising of a business has Small Business Administration or SBA approval. You can seek assistance through the Small Business Investment Company (SBIC).
Automotive Franchise
Mac Tools: It has been in the industry for 80 years and operates globally with 1,100 existing franchisees currently. Single and multi-unit franchise opportunities are available across all 50 states. Not only do they offer field support and mentoring, but they also provide professional, personal, and financial flexibility. A 100% financing may also be possible for qualified candidates as part of their financing options.
Minimum Cash Required: $18,500
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: Yes
Business Services Franchise
Success Member Inc.: It is the leading online loan marketplace that connects consumers with banks, credit partners and multiple lenders both nationally and internationally. They offer training with an expert to this industry of 33 years, along with a lifetime one-on-one dedicated support.
Minimum Cash Required:$25,000
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: Yes
Cleaning Franchise
Chem-Dry Carpet Cleaning:Founded in 1977, Chem-Dry is the world’s largest carpet and upholstery cleaning system that uses the Hot Carbonating Extraction method in its cleaning. Currently, the business has 3,000 locations operating around the world. They also offer multi-unit opportunities in The US and Canada.
Minimum Cash Required: $30,000
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: Yes
- Special Offer: 10% off in the initial franchise fee for qualified veterans
Entertainment Franchise
Cruise Planners:An American Express Travel Representative, Cruise Planners has been in the travel industry for more than 25 years. Aside from selling cruises, they are also top producers of land, travel insurance, excursions, flights, car rentals, and the Sandals and Beach Resort.
Minimum Cash Required: $10,495
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: Yes
- Special Offer: $1,000 discount to qualified veterans
Health and Beauty Franchise
Nailport Express: Founded by Kimberly Mairs in 1998, its goal is to provide a luxurious, comfortable and convenient experience to the customers while they shop. It is situated inside Walmart Supercenters, allowing them to tap already existing customers of Walmart.
Minimum Cash Required: $50,000
- Training and Support: Yes
- Financing: No
- Home-Based: No
- SBA Approved: No
- Special Offer: None
Moving and Storage Franchise
Caring Senior Service: Equipped with 25 years of experience helping seniors stay healthy and happy while making them feel at home, Caring Senior Service has developed and perfected their business model.
Minimum Cash Required:$50,000
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: Yes
Pet Franchise
Pet Wants: Founded by Michele Hobbs, the company offers fresh, nutritious, and delicious food for your pets without using corn, wheat or soy as fillers. There are two available franchises to choose from: Mobile Delivery and Retail & Delivery.
Minimum Cash Required: $48,500
- Training and Support: Yes
- Financing: Yes
- Home-Based: No
- Special Offer: There’s a $2,000 discount on the initial franchise for qualified veterans
Restaurant Franchise
Burrito Shak:This franchise offers flavorful Mexican food with a beach vibe and family-friendly environment. Their flagship restaurant that opened in Hampstead, NC in 2015 has earned its reputable name due to its excellence in service supported by ever-growing loyal customers.
Minimum Cash Required: $50,000
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: No
- Special Offer: Can help connect franchisees with third-party lenders
Sports Franchise
Legends Sports Leagues:The business will help you specialize in managing organized recreational sports leagues such as golf, baseball, basketball, pickleball, and more. They also support sports tournaments with your choice of sport and contenders, whether youth or adult.
Minimum Cash Required: $25,000
- Training and Support: Yes
- Financing: Yes
- SBA Approved: Yes
- Home-Based: No
- Special offer: 50% Franchise Fee discount
Starting a new business, be it big or small, can be overwhelming. But with a franchise, aside from its affordability, it offers the training, support, assistance, and materials you need to get you started. You don’t have to be an expert in the field to qualify. All it takes is your entrepreneurial spirit to carry on with the day-to-day work.
