The franchise industry has proven to incur the most revenue with decades of consistent results. According to the International Franchise Association (IFA), 4% of all small businesses in the USA are franchises. Giving heed to this statement, if not profiting from the concept, people dreaming of owning a business would never get inclined to this business model. Although, the franchise costs are usually a bit on the higher side that doesn’t make the concept inaccessible. In the modern days, franchises are accessible to all budgets. There are a whole lot of business enthusiasts, who prefer to associate with a business as a side hustle. For them, franchising is best suited when the budget and the work environment are aligned with their requirements. It is absolutely not necessary that profit and perks can come only with hefty price tags. Fortunately, there are Low-Investment Franchise opportunities available. These franchise choices offer low initial startup costs and yet let the business enthusiast become their own bosses.
The Franchise Business Review Employee Engagement and Compensation report 2019 reveals that 90% of corporate franchise employees rated their job as “rewarding and satisfying,” with 56% responding “strongly agree”.
Low-Investment Franchise opportunities enable business enthusiasts to become business owners and be their own bosses without breaking the bank. Here is a list of the top five Low-Investment Franchise Opportunities in the U.S. market :
- Cruise Planners
Cruise Planners is a vacation planning franchise aimed at folks who want to work from home and have a passion for travel. The franchisees sell full-service vacation packages, including cruises, land-based vacations, trip insurance, and car rentals. The company was started by veteran travel agent Michelle Fee in 1994 and began franchising in 1999. The start-up cost is estimated to be $10,995, and the leveraged royalty fee is 1%-3% of the gross commissionable fare. the franchise devours an average sales of $273,978 from its 2569 franchise locations spread across the U.S. The getting started costs include a six-day in-person training course in Fort Lauderdale, Florida, ongoing home office, and $1 million in insurance.
To Know More about Cruise Planners Franchising details, visit here: Affordable Franchise For Every Lifestyle | Cruise Planners Franchise
- Jazzercise
Jazzercise is a fitness franchise company founded by Judi Sheppard Missett in 1969 and headquartered in Carlsbad, California, United States. The company commenced franchising in 1982 and in the present scenario, Jazzercise has 8,0003 franchise units. The franchise fee is $1,250 and the royalty fee is at the higher end and asks for 20%.
As independent business people, Jazzercise franchisees can directly affect their own income levels while enhancing the lives of others through fitness and dance.
To Know More about Jazzercise Franchising details, visit here: Jazzercise Instructor & Franchise Application Process | Jazzercise
- Rhea Lana’s
Rhea Lana’s is a children’s consignment pop-up event and the franchise benefits its franchisees with a flexible lifestyle while earning income. The company was founded in 1997 and started franchising in 2008. Currently, the franchise has 103 units. The initial investment for the franchise ranges between $20,550 to $39950. While the franchise fee is estimated between $11,900 and $14,900, the royalty fee is 1-3% of the profit.
To Know More about Rhea Lana’s Franchising details, visit here: FRANCHISES FOR SALE | RLFranchiseDev (rhealanafranchising.com)
- Dream Vacations
Travel agency franchise Dream Vacations is based out of Lauderdale, Florida. Dream Vacations was founded in 1991 and franchising since 1992. The total number of franchise units up and running is 1500 across the states. the franchise offers low investment with low overhead and no inventory. the initial investment stays below $20,000 while the franchise fee varies from $495-$10,500. The franchise seeks a royalty fee of 1.5%-3%.
To Know More about Dream Vacations Franchising details, visit here: Own Your Own Travel Agency | The Dream Vacations Webinar (dreamvacationsfranchise.com)
- Image one
Image One is a commercial cleaning service started in 2010. It started franchising in 2011. The company offers franchises at $15,000 and the franchisees get training in the proper commercial cleaning methods, equipment, cleaning supplies, billing and paperwork, marketing, retaining customers, and ongoing support. the company also offers help with obtaining insurance and discounts on additional supplies and equipment.
With over 100 franchise units, the company’s revenue averages $200,078 per year.
To Know More about Image One Franchising details, visit here: Image One Franchise Cost & Opportunities 2022 | BeTheBoss
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