These retail options are available with start-up costs of less than $250,000.
Things: people need them and, oftentimes, they simply just want them. Thanks to consumers and their need and desire for goods, the retail industry will never become obsolete.
However, the success of the retail sector ultimately depends on the strength of the economy and the breadth of a consumer’s disposable income. Therefore, for entrepreneurs who are more risk adverse and less willing to throw a lot of dough into a retail concept, here’s a snapshot of the plethora of brands with a total start-up cost of less than $250K.
Beeline Bikes $78K-$130K: Beeline Bikes is a mobile business that sells bikes and offers convenient servicing for the increasing number of people who are gravitating toward the more economical and environmentally-friendly mode of transport.
Wireless Zone $126k-$393k: Wireless Zone is a premium retailer of Verizon Wireless selling cell phone service plans and many wireless products including ipads, tablets and accessories. This industry shows no signs of ever slowing down. Wireless Zone has been around since 1988 with nearly 400 stores across the U.S..
Deck The Walls $112K-$201K: The franchisor of art, custom framing and wall décor has been around since 1979, and with over 200 stores across the United States and Canada, the brand is one of the largest art and custom framing franchises in the United States.
Device Pitstop $178K-$243K: Device Pitstop is a one-stop-shop for customers to buy, sell, trade, fix or upgrade their electronic devices. The brand started franchising in 2012 and currently exists in only a handful of states, which means there is still opportunity for growth.
Fabulous Frocks $47K-$113K: There is a lot of opportunity for growth with this young, bridal boutique franchise, which was founded in Charleston, SC in 2008 and started franchising in 2012. The high-end boutique offers brides a variety of used and new designer gowns.
Flower Tent $26K-$70K: The retailer of all things floral appeals to green thumbs and entrepreneurs looking for a seasonal business. The brand has 90 franchised locations across the country.
Other Mothers $140K-$202K: The family-focused brand was founded in 1979 and boasts a high customer retention rate due to their competitive prices. The brand offers used and new baby furniture, toys and accessories.
Palm Beach Vapors $42K-$103K: The nation’s first electronic retail cigarette franchise concept is also the first to offer an option for franchisees to enter the booming cannabis industry. The company has found success with its warm and inviting theme and innovative e-cigarette and marijuana vapor products.
Ruffins’ Pet Centre $96K: Ruffins’ Pet Centre is a local pet care shop which supplies grooming and pet care products. The Canadian-based brand also develops their own brand of pet products, which means that customers have the option of Ruffin’s Choice economical line of dry and dog and cat foods.