Franchise FAQ

what franchise can i buy for 100k

by Aylin Wolf Published 2 years ago Updated 1 year ago
image

20 franchises you can start for under $100,000

  • Allstate Insurance Company Minimum cash required to start business: $100,000 ...
  • Dickey's Barbecue Pit Minimum cash required to start business: $100,000 ...
  • Expedia CruiseShipCenters Minimum cash required to start business: $100,000 ...
  • Jimmy John's Gourmet Sandwiches Minimum cash required to start business: $80,000 ...
  • Scenthound ...
  • Kumon Math and Reading Center ...
  • Roll'n Lobster Food Truck ...
  • ACFN ATM Franchise ...
More items

Full Answer

Is it possible to buy a franchise under $100k?

Of course, having a significant amount of cash opens up many possibilities, but even a relatively modest investment can make exciting things possible. For those looking to spend under $100,000 on a franchise, we have a superb collection of business opportunities to choose from.

Is it hard to find the best franchise opportunities?

Still, just knowing you’re interested in a franchise is only the beginning; in reality, finding the best franchise opportunities can be a challenge. There are more franchises out there than one can reasonably count and consider, making it tough to figure out which one is right for you.

What are the Best Fitness franchises to invest in?

Few fitness franchises are as hot right now as Anytime Fitness. This gym franchise focuses on offering group workouts as well as solo workout equipment. Best of all, the franchise provides members with a keycard to access the gym during off-hours, allowing people to work out on their schedule.

How do I finance a franchise?

Make sure you take into consideration where the capital to finance your franchise will be coming from. Many entrepreneurs choose to take advantage of a business loan, including SBA loans, business lines of credit, term loans and equipment financing. To begin, check out the best franchise financing options.

What is the fastest way to start a medical billing business?

Is America's first non-medical home care franchise expanding?

Is Tint World a franchise?

image

2021 Top Franchises for Less Than $100,000 Ranking - Entrepreneur

2021 Top Franchises for Less Than $100,000: Franchise Information from Entrepreneur.com - Page 0

Franchises Under $10K For Sale | Low-cost Franchise Opportunities Under ...

Low-cost franchises under $10000 for sale - franchise opportunities under $10K. Get free info on how to buy small business franchise under 10000 dollars on TopFranchise.

Food Franchises Under $100,000 | FoodFranchise.com

Find food franchises under $100,000. FoodFranchise.com makes it easy to find a great food franchise to purchase that fits your desired budget. Search by your desired investment level. Great selection all price points - search now!

Franchises Under $100K | FranchiseOpportunities.com

Discover amazing franchises for sale under $100K. We have a wide range of great franchises and businesses available for sale to fit your specific budget.

What is the fastest way to start a medical billing business?

American Business Systems is the fastest way to start your medical billing business, guaranteed. With over 20 years of experience, ABS is the nation's largest network of Certified Medical Revenue Managers.

Is America's first non-medical home care franchise expanding?

America’s first non-medical home care franchise is rapidly expanding. Come join our legacy.

Is Tint World a franchise?

Tint World® is a rapidly growing franchise that’s looking for motivated, like-minded individuals to become part of our family of franchisees that want to help each other succeed!

What is a franchise business?

Franchises are licenses offered by an existing company that allows individuals to operate their own branches of the business under that company's name and brand. In order to qualify for a franchise, potential buyers must meet the requirements of the franchisor, including a certain amount of liquid assets. Franchisees are often required to pay franchise fees and weekly royalties to the franchise owner and are expected to keep up on new training requirements and continuing education.

Why do people franchise?

Being part of a franchise also has some great benefits, though, as potential owners have the advantage of being able to look at the success rate and track record of the company prior to committing. Knowing a lot about the business itself isn't always necessary, as franchisors usually offer extensive training and provide ongoing support to their franchisees. Initial costs are often lower, and having an established brand to start with can make it less risky than trying to launch an independent business alone. Franchises also tend to be more successful than other startups, as the company already has a following and a proven business model. Companies offering franchises find it beneficial for their business as a whole, as it allows them to grow and expand into new markets.

How much does it cost to franchise a scenthound dog grooming business?

Started in 2005, with franchises available as of 2017, this dog grooming business requires an initial cash investment of $75,000 and financial prequalification. Franchise candidates are also expected to have a minimum net worth of $300,000 and a credit score of 700, and must be willing to work full-time at their location for one year.

How much cash does an ACFN ATM need?

The ACFN ATM franchise only has a $60,000 cash requirement for this passive income source. Franchise purchasers are provided training and support, as well as marketing materials and ongoing performance monitoring. Anyone looking to buy an ATM should think about where they plan to put it, as high-traffic areas are the key to generating revenue.

How much does Kumon cost to own?

With a required initial cash investment of $70,000 and $150,000 net worth requirement, this education-based business can be a fairly easy, low-cost way to own a franchise. While a teaching background is not required, potential owners must have a college degree and be proficient in math and reading.

How much does it cost to franchise Dickey's?

A popular nationwide chain, Dickey's offers the potential for very high returns with a fairly low investment. The initial franchise fee is between $15,000–$20,000 and a liquidity of $100,000 is required, with a 20-year term and 10-year renewal. Restaurants can be a profitable venture, but budding franchise owners should make sure they understand that the food industry can also be one of the most fickle, and having previous experience as a manager or food service worker might be helpful.

What is a youth engineering franchise?

Another youth-enrichment franchise, Young Engineers offers after-school programs that emphasize science, technology, engineering, and math with fun learning activities. The franchise allows owners to operate out of schools, community and recreational centers, libraries, and museums, and the program is endorsed by the European Union Commission. They do require a minimum of $39,000 in cash assets, and basic management and communication skills are expected.

What is the best franchise for a $100k truck?

Matco Tools , a company that makes and sells a range of professional automotive repair tools, proves to be one of the best franchises under $100k by offering low start-up costs, low overhead, and flexible financing options for franchise owners. Buying discounted inventory from the company, franchise owners then sell tools to customers, involving a time payment reserve account and truck lease. Qualifying franchisees may receive in-company franchising for up to $30,000 in startup expenses in addition to the offered $89,000 covered for the initial inventory, which typically ranges between $63,000 and $86,000, and its associated starting costs.

What is Kumon's franchise fee?

Each center serves as a central provider of resources distributing the Kumon worksheet system. With covered expenses up to $36,000, a franchise fee of $1,000, and an initial investment range starting just under $75,000 (depending on location), a new Kumon Center represents a financially stable franchising investment. This franchise under $100k proves to be a low risk since they offer a free informational webinar and refundable training kits.

How much does a maid pro franchise cost?

A home cleaning business with a wide range of services, MaidPro offers flexibility through three investment option plans, ranging from the select franchise with an initial franchise fee of $20,000 to the multi-unit franchise with a total minimum investment of $171,610. With no required marketing spend or royalty fees, MaidPro prides its business on being friendly and flexible for franchisees.

What is a fully promoted business?

Fully Promoted is an international B2B franchise as well as the world’s largest branded products and marketing franchise. The promotional products industry is booming. In a survey conducted by PromotionalProductsWork.org, 88% of respondents said they remembered a brand if they received a promotional item, and 85% confirmed they did business with a brand after receiving a promotional item. Fully Promoted franchisees are all-inclusive shops for many promotional products, including branded apparel, keychains, mugs, and more. With a franchise fee of $49,500, entrepreneurs can leverage the success of this multi-billion dollar industry and reputation established by Fully Promoted to enrich their lives and be their own boss.

What is a 7 A loan?

With the SBA, a borrower looking to invest in a franchise may consider a 7 (a) loan. SBA 7 (a) loans are the primary program offered by the SBA to aid small businesses. Because there are numerous types of 7 (a) loans, a borrower should consider factors such as the capital they require or the timeline of their project to find the ideal loan.

What should a franchise owner do under $100,000?

While considering franchises under $100,000, review any possibilities that relate to things you’ve done previously, or things you enjoy.

What is the biggest determining factor in what kind of business you can start?

One of the biggest determining factors in what kind of business you can start—franchise or otherwise—is how much money you have available to invest in the venture. Of course, having a significant amount of cash opens up many possibilities, but even a relatively modest investment can make exciting things possible.

What is MBV's price guarantee?

My Business Venture gives you the ability to start an online business from the comfort of your home, featuring over 5K top selling products & mark-ups of up to 200% on each sale! MBV’s 10% Price Guarantee on all items on your website ensures you will always be profitable & NEVER be undersold! FREE shipping on ALL items ordered through your site!

Is it better to have fallback options or all or nothing?

That’s not a nice place to be, as it places incredible stress on the whole situation. It’s better to have fallback options if your business isn’t the success you hoped it would be, which is why keeping your investment modest is such a wise approach.

Is Oxi Fresh a good carpet cleaner?

Oxi Fresh Carpet Cleaning is proud to be the world's greenest and environmentally friendly carpet cleaner! Businesses with an explicit environmental focus are in high demand. We're a premier carpet cleaning business highlighting competitive edges such as low ownership costs, home-based environments, and recurring revenues.

What is franchise investment?

All franchises come with some kind of investment, which usually comprises corporate fees, startup costs, real estate, staff, equipment and other expenses, too. Your investment will be contingent on several things, but the two most important are the mandatory expenses set by the parent company to get up and running as well as the regional expenses that dictate costs (in other words, some markets are more expensive than others).

What type of loan do entrepreneurs take?

Many entrepreneurs choose to take advantage of a business loan, including SBA loans, business lines of credit, term loans and equipment financing. To begin, check out the best franchise financing options.

How many states does Sonic have?

Sonic is an American fast-food staple with unmissable branding, mostly fueled by their drive-in style of service and unique soft drinks. With franchises in 46 states, Sonic offers a strong franchise opportunity that comes with a cult following for their unmistakable menu items (cherry limeade, anyone?) as well as core staples that customers expect and love.

Is Ace Hardware a good franchise?

Ace Hardware is an excellent franchise prospect for providing an antidote to the big-box home improvement store experience, which is typically marked by unhelpful staff and overwhelming product choices. Instead, Ace Hardware locations pride themselves on hiring staff that put customer service at a premium and keeping product choices to a reasonable selection. Their franchises make it easier for local hardware stores to remain competitive against mega-stores by way of their cooperative structure and store-brand products.

Is McDonald's the most expensive franchise?

We’re pretty positive this is a name you know. McDonald’s is one of the more expensive franchises around, but has perhaps the best brand recognition in the world. If you’re able to open a McDonald’s franchise in a well-trafficked area without much competition, you may be able to quickly recoup the initial investment.

Is it hard to find a franchise?

Still, just knowing you’re interested in a franchise is only the beginning; in reality, finding the best franchise opportunities can be a challenge. There are more franchises out there than one can reasonably count and consider, making it tough to figure out which one is right for you.

Is Kiddie Academy a franchise?

There are franchise opportunities throughout 49 states (sorry, Montana) and plenty of room to grow.

How many operators does HealthyYOU have?

HealthyYOU Vending pioneered the healthy vending concept and, since 2007, has helped 1,800 operators. Now with thousands of healthy vending machines nationwide - take advantage of the exploding concept of automatic...

Can you own a carpet cleaning company?

As a Chem-Dry Carpet Cleaning franchisee you can now own your own profitable carpet cleaning business without the risk and hassle of starting from scratch! Our franchisees receive unmatched training and support, a complete...

What is the fastest way to start a medical billing business?

American Business Systems is the fastest way to start your medical billing business, guaranteed. With over 20 years of experience, ABS is the nation's largest network of Certified Medical Revenue Managers.

Is America's first non-medical home care franchise expanding?

America’s first non-medical home care franchise is rapidly expanding. Come join our legacy.

Is Tint World a franchise?

Tint World® is a rapidly growing franchise that’s looking for motivated, like-minded individuals to become part of our family of franchisees that want to help each other succeed!

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9