Top 10 Cheapest Fast Food Franchises
- 1. Subway Initial Franchise Fee: $10,000 to $15,000 ...
- 2. Quiznos Initial Franchise Fee: $10,000 ...
- 3. Baskin-Robbins Initial Franchise Fee: $25,000 ...
- 4. Domino’s Pizza Initial Franchise Fee: $25,000 ...
- 5. Chester’s Initial Franchise Fee: $3,500 ...
- 6. Cold Stone Creamery I nitial Franchise Fee: $27,000 ...
- 7. Mucho Burrito Initial Franchise Fee: $30,000 ...
- 8. Scooter’s Coffee Initial Franchise Fee: $40,000 ...
Full Answer
How much to buy a fast food franchise?
Most Popular Food Franchises and How Much They Cost
- McDonald's Franchise. You will need a minimum of $955,000 in nonborrowed, personal resources to be considered for a McDonald's franchise.
- Subway Franchise. ...
- Pinkberry Franchise. ...
- Wendy's Franchise. ...
- Domino's Pizza Franchise. ...
- Pizza Hut Franchise. ...
- Dunkin Donuts Franchise. ...
- Taco Bell Franchise. ...
- KFC. ...
What is the cheapest food franchise to buy?
What are the cheapest franchises to open?
- Baskin-Robbins: This franchise’s investment could cost the same or less than the above, so it is an excellent option.
- Jack in the Box: Jack in the Box belongs to Qdoba Mexican Grill. ...
- MaidPro: On its official website it displays reasonable prices for its franchise.
Which is the most profitable and cheapest franchise business?
- Stratus Building Solutions is a successful franchises with low startup costs. ...
- Floor Hero is a low cost franchise with high profit. ...
- Amazing Athletes is a low cost franchise with high profit. ...
- Dream Vacations is a low cost franchise with high profit. ...
- Maid Simple House Cleaning is a high profit franchise with low startup costs. ...
What does it cost to become a fast food franchisee?
Fast food franchise cost varies from $150K to up to $ 2 mln. There is an abundant choice of businesses in the USA. In order to help you find the right concept quickly, we have made a list of the best fast food franchises to open. Here are the most popular 10 fast food franchises in the USA McDonald's. Founded in: 1955 Franchising since: 1955
Which fast food franchise is the cheapest to open?
Top 10 Cheapest Food Franchises To OpenSubway. Subway is an international fast-food sandwich chain that advertises heavily and brings in many customers. ... Baskin-Robbins. ... Domino's Pizza. ... Chester's. ... Cold Stone Creamery. ... Mucho Burrito. ... Scooter's Coffee. ... Planet Smoothie.
What is the cheapest fast food restaurant to invest in?
There are many cheap restaurant franchises available with low startup costs and great support from the parent company for you to easily find the right franchise for you....Top 10 Cheap Restaurant FranchisesChick-Fil-A. ... Chester's Chicken. ... Firehouse Subs. ... Quizno's. ... Taco Bell. ... Mucho Burrito. ... Papa John's. ... Scooter's Coffee.More items...
Which franchise is the 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...•
How much is it to franchise a Wendy's?
Does it include start-up supplies and training? The standard franchise fee is $50,000 for a franchise agreement with a term of 20 years.
How much does a Taco Bell franchise cost?
Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.
Which fast food makes the most money?
McDonald'sFast Food Chains Ranked, by RevenueRankCompanyU.S. Sales, Billions (2019)1McDonald's$40.412Starbucks$21.553Chick-fil-A$11.004Taco Bell$11.006 more rows•Sep 28, 2020
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How much is Mcdonalds franchise fee?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
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.
How Much Is a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How much is a Burger King franchise?
Burger King Franchise Cost /Initial Investment/ Burger King Franchise. The franchise fee is $50,000, and requires a total investment of anywhere between $316,100 and $2,660,600. Franchise agreements include an additional royalty fee of 4.5%. Franchise incomes vary by location.
What is the franchise fee for Dunkin Donuts?
Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.
What is the best fast food restaurant to invest in?
Top Fast-Food StocksMcDonald's (NYSE: MCD)Starbucks (Nasdaq: SBUX)Chipotle Mexican Grill (NYSE: CMG)Restaurant Brands International (NYSE: QSR)Domino's Pizza (NYSE: DPZ)Shake Shack (NYSE: SHAK)
Are fast food restaurants a good investment?
On average, franchise owners in the restaurant industry take home about $82,000 a year. However, the start-up cost can be anywhere between $100,000 and a million dollars. Additionally, there is risk in fast food franchise investment, and that risk is usually inverse to the investment cost.
What is the best food stock to invest?
Best Value Food StocksPrice ($)12-Month Trailing P/E RatioIngles Markets Inc. (IMKTA)84.185.8Herbalife Nutrition Ltd. (HLF)22.576.8Pilgrim's Pride Corp. (PPC)25.608.4
What restaurants pay dividends?
Portfolio of Dividend-Paying Restaurant Stocks16 Dividend-Paying Restaurant StocksMcDonald'sMCD$249.19Papa John's InternationalPZZA$73.17Restaurant Brands InternationalQSR$55.50Ruth's HospitalityRUTH$18.9813 more rows
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.
Who must a franchisee appoint?
The franchisee must appoint a principal owner, one who has the capabilities to handle the operational responsibilities. Their responsibilities only extend to a managerial capacity, to which they are expected to dedicate their full time to. They should also at least own 50% of voting rights and equity.
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.
Is it profitable to own a restaurant?
Owning a restaurant franchise could be incredibly lucrative. But as with any franchise, you will need quite a bit of cash. Even those who own some of the cheapest restaurant franchises can tell you that you need to prepare for other costs.
Does franchising offer financing?
Unfortunately, the franchisor doesn’t offer financing options and will not guarantee a franchise note, obligation, or lease.
What are the cheapest franchises to open?
Every entrepreneur needs to put his/her business to work quickly. Therefore, to open a franchise could be considered an excellent option. And without a doubt, the cheapest franchises to start are those dealing with food. As food consumption is absolutely necessary and constant.
What are the cheapest franchises to buy?
The franchise investment price will mostly depend on the industry that the client chooses. It is not the same thing to invest in the hotel industry as to invest in a store or a restaurant.
Which are the most profitable fast-food franchises in the USA?
If a person wants to undertake a fast-food restaurant and they have sufficient capital for a high investment, go for the following profitable franchises:
How much Money is needed to start a Chick-fil-A franchise
Among the top cheapest fast food franchises to open is Chick-fil-A. It only requires a very reasonable investment when it’s compared to other restaurant chains, which offer similar labor growth opportunities. At the moment, this chain is requesting franchisees for the United States, Canada and Puerto Rico.
What are the criteria for KFC franchise?
The six major factors KFC evaluates in their franchise applicants include “multi-unit operations experience, financial qualifications, personal and financial reputation, motivation and commitment, culture and brand fit and growth mindset, ” among other factors. KFC has among the more rigorous financial qualifications, too: At a minimum, applicants need a net worth of $1.5 million and $750,000 in liquid assets, though these requirements will vary (i.e. be higher) depending on your ownership level.
Who is responsible for franchise fees?
Keep in mind that franchisees are responsible for additional franchise fees on top of the initial franchise cost. For a full breakdown of franchise fees, you can refer directly to the information available on the franchisor’s website.
How much money do you need to own a Pizza Hut?
(Another fun fact? The very first product ever ordered online was a Pizza Hut pizza.) At a minimum, prospective Pizza Hut franchisees need to have $700,000 in net worth, $350,000 in liquid assets and a strong credit report. Applicants will also need to present Pizza Hut with a financial plan detailing how they’ll grow their location.
How much money do you need to open a Papa John's?
At a minimum, Papa John’s franchisees need to have $75,000 in cash or liquid assets, a net worth of $250,000, and the ability to secure up to $275,000 in outside financing.
How many flavors does Baskin Robbins have?
Since their beginnings in 1945, Baskin-Robbins has become one of the best-known ice cream shops in the world thanks to their revolutionary “31 flavors” ethos, which ostensibly allows devotees to try a new flavor every day of the month.
How much money did Colonel Sanders invest in KFC?
Estimated total initial investment: $1.4 million to $2.7 million. It’s safe to say that Colonel Sanders is one of the most recognizable icons in American fast-food culture—which checks out, considering that an estimated 185 million Americans see a KFC commercial once a week.
Do you need to meet the minimum requirements to buy a Baskin Robbins franchise?
If you’re interested in buying a Baskin-Robbins franchise, you’ll need to meet their minimum requirements. Financial requirements vary according to your location and the type of Baskin-Robbins store you’re interested in buying (either a traditional storefront or a non-traditional location, like a kiosk).
