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10 Restaurant Franchise Investments under $500K

Don't break the bank with these financially friendly establishments.

By Nick Powills1851 Franchise Publisher
SPONSOREDUpdated 11:11AM 11/10/15
Smoothie King
Total Investment: $181.1K - $422.95K
With a slew of accolades and a history dating back to the 1970’s, Smoothie King truly is the king in the smoothie industry. When the brand was founded, smoothies were a known treat, but “Smoothies with a purpose” were a relatively new concept. As society becomes more health conscious, often opting for nutritious meal replacements like the Smoothie King product, the brand continues to grow with no sign of slowing down. Their tailored smoothies cater to customers’ level of activity, body’s needs and flavor preferences, and with their convenient drive-throughs are popping up at many locations, it doesn’t look as if Smoothie King’s reign will end any time soon.
 
MOOYAH
Total Investment: $383.4K - $598.3K
Don’t sleep on this rapidly growing “better burger” franchise. With fresh, never frozen products, house-baked buns and a customizable menu, MOOYAH Burgers, Fries & Shakes* is a versatile brand and franchisees have taken notice. The brand expects to hit the 100 unit mark early next year, and it has entered seven new states in 2015. Although the brand is in a crowded concept, MOOYAH has mastered what consumers want: a quality product and lots of choices in a family-friendly atmosphere.
 
Which Wich
Total Investment: $195K - $488.8K
In another crowded food category, Which Wich has differentiated itself from comparable brands in some really smart and memorable ways. They focus on their culture and providing a high-quality product. Often recognized for their unique brown bag ordering system and philanthropic program Project PB & J, Which Wich has created an atmosphere that college students and family’s alike want to enjoy.
 
Pita Pit
Total Investment: $166.1K - $322.7K
Celebrating its 20th anniversary in 2015, it can be said that Pita Pit was one of the first large franchise brands marketing healthy quick-service food. Offering unique Mediterranean-inspired fare at their nearly 600 locations, Pita Pit’s “Fresh Thinking—Healthy Living” philosophy has gone worldwide. Recently named as one of Business Insider’s top 20 food franchises, Pita Pit’s affordable model and large support network make this one tasty investment.
 
Your Pie
Total Investment: $311.8K - $475.1K
Down-the-line concepts are popping up frequently these days, but few seem to have the high-quality ingredients, craft product or authentic influence as Your Pie. The “originator of the down-the-line brick over pizza concept” draws on founder Drew French’s Italian heritage to create their truly Italian-style brick oven pies. Your Pie offers customizable choices that cater to any customer’s tastes, while exceeding expectations in a fast-casual setting to keep up with busy and hungry patrons.
 
Checkers* and Rally’s
Total Investment: $155.4K - $1.3M
Although the investment range on Checkers and Rally’s seems to be wide, on average it costs less than $500K to open. This fast food mainstay continues to thrive offering their fan-favorites like their award winning french fries, but manage to adapt and innovate all at the same time, continually adding new products to their menu.
 
Lenny’s Sub Shop
Total Investment: $139.5K - $354.6K
Lenny’s Sub Shop sticks to the tried and true concept of offering classic deli subs and cheesesteaks. The simple concept and operations have worked. Under new management Lenny’s has been going through an exciting revitalization, yet has managed to remain a lost cost option for potential franchisees making this the right time to get in with a growing brand.
 
Beef O’Brady’s
Total Investment: $256.5K - $866.5K
A family-friendly sports pub? That was an innovative franchising idea when Beef O’Brady’s hit the scene 30 years ago. Don’t let its age fool you—the brand is always changing with the times. They recently launched Beefs Express, a quick service counterpart to their fast casual concept, keeping the brand’s foot in both spheres.
 
Ritter's Frozen Custard
Total Investment: $365K - $1.1M
Founder John Ritter had a dream, and that dream was to provide the masses with the fresh-made, straight-from-the-machine creamy ice cream he ate as a teenager while working in an ice cream parlor. He opened an ice cream shop after retiring and the rest is history: Ritter's Frozen Custard was acquired by the conglomerate TRUFOODS, LLC in 2008, and Ritter’s now has 21 units in five states with another 21 in development.
 
2Good2B
Total Investment: $278K - $968.5K
A gluten free, corn free, soy free cafe may not be what comes to mind when you think of good restaurant franchise opportunities, but 2Good2B caters to a growing population of consumers with food sensitivities, allergies and dietary restrictions. These customers often feel isolated at mainstream restaurants and this brand has created a space which caters to them and keeps the food delicious at the same time.

*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.

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