Franchise FAQ

what is the cheapest franchise to open in canada

by Noemie Moore Published 2 years ago Updated 1 year ago
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Here are the top 10 best franchises to start with low investment in Canada

  • Coffee News
  • JDI Cleaning Systems Inc
  • Bark Busters Home Dog Training
  • Enviro Masters Lawn Care
  • Fix Auto
  • Garage Door Depot
  • H&R Block Canada Inc
  • Lemon Heaven Beverages Inc

Full Answer

What are the most profitable franchisees in Canada?

One of the most well known Canadian brands in the world, Tim Hortons is also the biggest Canadian franchise in the country. Founded in 1964 by the Canadian hockey player Tim Horton, the franchise boasts over 4800 locations across 14 countries. For this reason, the coffee shop giant has become one of the most profitable franchises in Canada.

What are the cheapest franchises to buy?

The Jazzercise business started in 1969. Offering low franchise fees and initial investment, Jazzercise is one of the cheapest franchises on our list. 5. Stratus Building Solutions

How much does it cost to start a franchise in Canada?

Franchise opportunities from across Canada from up to $10k. Find an affordable franchise business to own. Request free info today from 100s of opportunities on Franchise Direct. Franchise opportunities from across Canada from up to $10k.

Is there such a thing as a low cost franchise opportunity?

If you are looking to start your own low cost business opportunity, you have landed at the right place. On this page, you can browse low cost franchise opportunities for sale that fit your skills and available capital.

What is Showhomes home staging?

How many franchises does Image One have?

What is a cruise planner franchise?

How much does it cost to get a staged home?

How much money do you need to open a McDonald's franchise?

Why do people buy franchises?

How much does a realtor charge to sell a house?

See 4 more

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Which franchise is cheapest to own?

12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•

What is the number 1 franchise in Canada?

Tim Hortons1. Tim Hortons. One of the most well known Canadian brands in the world, Tim Hortons is also the biggest Canadian franchise in the country. Founded in 1964 by the Canadian hockey player Tim Horton, the franchise boasts over 4800 locations across 14 countries.

How much does it cost to open a Tim Hortons?

The estimated opening cost for a new Tim Hortons shop, including for the initial set up and first three months of operation, ranges between $94,000 and $2,162,500 USD, which is approximately $120,667 to $2,776,001 CAD (as of July 2022 exchange rates).

How much does it cost to own a franchise in Canada?

So how much do I need to pay to open a franchise? Estimated overall costs to opening a franchise can range anywhere from $50,000 or less for service franchises to as much as $500,000 or more for more sophisticated franchises. For more information, visit the Canadian Franchise Association's website.

How Much Is a Subway franchise Canada?

To get started, a Subway franchise costs $15,000 for the franchise fee (in the USA and Canada). The total investment is estimated between $116,000-$263,000 in the USA and $102,000-$234,000 in Canada. Subway franchisees pay 12.5% every week (8% royalties, 4.5% advertising).

What is Mcdonalds franchise fee?

a $45,000McDonald's Corporation has 38,000 restaurants in 100 countries and 93% of them are franchise operations. McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee.

What franchise makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

What business can I start in Canada?

What Is the Best Business in Canada to Start?Catering. If there's one thing all people love—it's food. ... Mobile Car Wash Services. ... Cleaning Business. ... Marketing Consulting. ... Real Estate. ... Storage & Transportation. ... Waste Management & Remediation.

What businesses can you start with 10k?

The Best Businesses to Start With 10kA Small Nest Egg Can Create Big Opportunities. Maybe you've been faithfully working your 9-to-5 job, and you've got some money in the bank. ... Import/Export Business. ... Online Store. ... Framing Business. ... Senior Care Business. ... Hauling Service. ... Home Staging Business. ... Window Treatment Business.More items...

How much can you make owning a Tim Hortons?

Owning a Tim Hortons can make some franchisees a salary of $40,480 per year for newer chains, and upwards of $107,660 for successfully established locations. However, being in this business is extremely hard work!

What franchise is the most profitable?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

Which franchise is most popular?

Top 100 Franchises 2022RankNameIndustry1KFCFood Franchises27-ElevenRetail Franchises3McDonald'sFast Food Franchises4Marriott InternationalTravel Franchises16 more rows

Which business is profitable in Canada?

Here are some of the most profitable industries in Canada right now: Oil & Gas Drilling & Extraction – 2022 Profit: $7.9 Billion. Real Estate – 2022 Profit: $5.2 Billion. Long-Distance Trucking – 2022 Profit: $3.6 Billion.

What is Canada's largest pizza restaurant chain?

Pizza Hut CanadaAbout Pizza Hut Canada Globally Pizza Hut is the world's largest pizza restaurant company with more than 18,000 restaurants in over 100 countries.

12 Best Low-Cost Franchises to Start a Business - NerdWallet

The cost of some franchises can be very expensive, so we’ve compiled this list of the 12 best low-cost franchises available.

25 Top Low-Cost Franchises for Startups

Many people dream of becoming business owners, but they don’t know how to get started. In fact, starting a business from scratch can be challenging, and so sourcing for low-cost franchise opportunities can be worth your consideration.

Best 10 Low-Cost Franchise Businesses in USA for 2022

Dream Vacations. Founded in: 1991 Franchising since: 1992 Franchise units: 1,500 Initial investment: $1,795 - $21,000 Franchise Fee: $495 - $10,500 Royalty Fees: 1,5 - 3% With a low-cost franchise that has low overhead and no inventory, the world is your oyster when you start a travel agency franchise with us.

What is Jan Pro?

JAN-PRO is a global leader in the commercial cleaning and disinfection service industry. Our commitment to providing our franchisees with the best training, (…)

What is PADGETT business services?

PADGETT BUSINESS SERVICES is Canada’s leading provider of accounting, tax, financial reporting and payroll services as well as strategic business advice to (…)

What is GetintheLoop Local?

GetintheLoop Local offers an exciting opportunity to be your own boss by operating your own turnkey mobile marketing franchise. Lead your community into the (…)

What is a petmobile?

Petmobile is a home delivery service of high quality pet foods and accessories.

What is a handyman connection?

Handyman Connection is a franchise concept that serves the repair, restoration and maintenance needs of residential and business customers.

What is H&R Block?

H&R Block is the one stop shop for all our client’s tax preparation needs, to be client-centric is rooted in our organization’s core values and is why millions (…)

What is Betty's bread?

Betty offers quality sliced breads and serves most Eastern Ontario and Quebec's major grocery and restaurant chains, as well as several private brands.

What is The Real Cost of A Lemonshark Poke Franchise?

However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.

What training does a franchisor need?

The franchisor requires franchisees to attend both initial and advanced training programs, covering the details of the business operations.

How many locations does LemonShark Poke have?

They started franchising LemonShark Poke in 2017 and currently have 12 locations, with 60 under development in the coming years.

How many miles does a franchise have?

However, they will be granted a one to five-mile protected territory as arranged in the Franchise Agreement.

When did Patrice and Associates start?

Patrice & Associates started as a management recruitment business way back in 1989. The company specialized in the Hospitality niche and progressed to a full-fledged recruitment firm. Patrice & Associates then offered franchising opportunities in 2010 under the franchisor Patrice & Associates Franchising, Inc.

What is checkers drive in?

Checkers Drive-In Restaurants, Inc. is a chain of double drive-thru restaurants in the United States . So far, the company operates Checkers and Rally’s restaurants in 28 states, and the District of Columbia. They specialize in hamburgers, hot dogs, french fries, and milkshakes.

Where is Quiznos located?

Quiznos is an American franchised fast-food restaurant based in Denver, Colorado, that specializes in offering toasted submarine sandwiches. They earn their place here in this list of cheapest restaurant franchises because of the total initial investment.

What is Showhomes home staging?

If you’ve ever watched HGTV and marveled at all those beautifully decorated homes, Showhomes Home Staging could be the franchise for you. The company takes vacant and other homes for sale and revamps them with temporary furnishings and accessories so that they look neat, clean, and stylish.

How many franchises does Image One have?

Who knew cleaning could be lucrative. Image One is a commercial cleaning service started in 2010. It started franchising the following year and now has 103 franchises across the country. For $15,000, franchisees get training in the proper commercial cleaning methods, equipment, cleaning supplies, billing and paperwork, money collecting, marketing, and on-going support. The company also offers help with obtaining insurance and discounts on additional supplies and equipment.

What is a cruise planner franchise?

Cruise Planners franchisees sell full-service vacation packages, including cruises, land-based vacations, trip insurance and car rentals. The Coral Springs, Florida-based company was started by veteran travel agent Michelle Fee in 1994 and began franchising in 1999. Getting started costs $10,995 and includes a six-day in-person training course in Fort Lauderdale, Florida, ongoing home office support and $1 million in insurance.

How much does it cost to get a staged home?

A survey by Coldwell Banker Real Estate found that staged homes spent half the time on the market than ones that weren’t staged and sold for more than 6% above the asking price. Potential franchisees can get started for $10,000 which includes in-person training at the company’s Nashville headquarters, proprietary CRM software, website creation, hosting, and SEO, and a one-on-one business coach.

How much money do you need to open a McDonald's franchise?

All that convenience, however, can come with a hefty price tag. To open a Taco Bell or McDonald’s franchise, for example, you have to have at least $750,000 in liquid assets. To open a KFC, your net worth has to be at least $1.5 million. The average initial franchise investment is $250,000, excluding real estate, says the IFA, and average royalty fees paid by franchisees range from 3% to 6% of monthly gross sales.

Why do people buy franchises?

One of the most appealing reasons to buy a franchise is that you’re buying a proven concept rather than starting a business from scratch. The operating details, marketing plan and advertising campaigns all have been developed and tested by the franchisor, and often you can connect with numerous other franchisees to gauge what it takes to be successful.

How much does a realtor charge to sell a house?

Most real estate brokers charge a commission, ranging from 3% to 6% or more , to sell your home based on the sale price. Help-U-Sell Real Estate, established in 1976, has a different playbook. It was the first fee-for-service real estate franchise in the country, meaning that it charges a flat fee for its services to list, market and help close on the sale. Franchises cost $15,000 to get started and include training, front- and back-office support, marketing supplies and ongoing coaching.

What is Showhomes home staging?

If you’ve ever watched HGTV and marveled at all those beautifully decorated homes, Showhomes Home Staging could be the franchise for you. The company takes vacant and other homes for sale and revamps them with temporary furnishings and accessories so that they look neat, clean, and stylish.

How many franchises does Image One have?

Who knew cleaning could be lucrative. Image One is a commercial cleaning service started in 2010. It started franchising the following year and now has 103 franchises across the country. For $15,000, franchisees get training in the proper commercial cleaning methods, equipment, cleaning supplies, billing and paperwork, money collecting, marketing, and on-going support. The company also offers help with obtaining insurance and discounts on additional supplies and equipment.

What is a cruise planner franchise?

Cruise Planners franchisees sell full-service vacation packages, including cruises, land-based vacations, trip insurance and car rentals. The Coral Springs, Florida-based company was started by veteran travel agent Michelle Fee in 1994 and began franchising in 1999. Getting started costs $10,995 and includes a six-day in-person training course in Fort Lauderdale, Florida, ongoing home office support and $1 million in insurance.

How much does it cost to get a staged home?

A survey by Coldwell Banker Real Estate found that staged homes spent half the time on the market than ones that weren’t staged and sold for more than 6% above the asking price. Potential franchisees can get started for $10,000 which includes in-person training at the company’s Nashville headquarters, proprietary CRM software, website creation, hosting, and SEO, and a one-on-one business coach.

How much money do you need to open a McDonald's franchise?

All that convenience, however, can come with a hefty price tag. To open a Taco Bell or McDonald’s franchise, for example, you have to have at least $750,000 in liquid assets. To open a KFC, your net worth has to be at least $1.5 million. The average initial franchise investment is $250,000, excluding real estate, says the IFA, and average royalty fees paid by franchisees range from 3% to 6% of monthly gross sales.

Why do people buy franchises?

One of the most appealing reasons to buy a franchise is that you’re buying a proven concept rather than starting a business from scratch. The operating details, marketing plan and advertising campaigns all have been developed and tested by the franchisor, and often you can connect with numerous other franchisees to gauge what it takes to be successful.

How much does a realtor charge to sell a house?

Most real estate brokers charge a commission, ranging from 3% to 6% or more , to sell your home based on the sale price. Help-U-Sell Real Estate, established in 1976, has a different playbook. It was the first fee-for-service real estate franchise in the country, meaning that it charges a flat fee for its services to list, market and help close on the sale. Franchises cost $15,000 to get started and include training, front- and back-office support, marketing supplies and ongoing coaching.

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