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Top 5 Low-Cost Franchises for 2016
Looking for an investment? Start with these low-cost franchises.
What would you do with $100K? Pay off your student loans? Put it toward your retirement? Buy a weird exotic pet?
If six figures landed in your lap tomorrow, why not invest in something that’ll turn into a profit?
No stock trading or gambling required here. Choosing to invest in a franchise brings you convenience and built-in brand recognition. Better yet, you don’t risk your life savings to launch your company—the franchising industry has its share of low-cost opportunities that could prove to be bargains.
Here are our top five franchises that make entry into the franchising world a little more accessible—and they’re all under $100K:
Investment Cost: $3,935 to $51,605
JAN-PRO offers the highest-quality cleaning techniques and systems available to offices and commercial and health care facilities. The company’s global network of thousands of unit and master franchisees serves more than 35,000 customers in 13 countries. JAN-PRO has been recognized as the No. 1 ranked global commercial cleaners in Entrepreneur magazine’s 2015 “Franchise 500.” Their system has proven to be an accessible one—the franchise can be run from home and requires only one employee to run the business.
Investment Cost: $43,100 to $85,700
Kitchen Solvers is a multi-dimensional kitchen remodeling business, offering stylish new design solutions for homeowners across the country. Since 1982, Kitchen Solvers has helped more than 45,000 people nationwide remodel their kitchens. Franchisees that join the team are offered industry-leading training programs to equip them with the construction skills needed to hold their own in the workplace. Additionally, franchisees have live support whenever they need it—it’s just a phone call away.
Investment Cost: $45,300 to $78,000
Since 1986, Showhomes has helped realtors and homeowners sell more than 25,000 residential properties—a number that amounts to $8.5 billion—by transforming high-end vacant houses into fully-furnished, inviting and valued Showhomes. Currently serving prominent communities in 18 states, Showhomes is a rapidly expanding franchise system with nearly 60 offices nationwide.
Investment Cost: $78,000
With public demand for eliminating harmful mosquitos, ticks and other outdoor pests on the rise, Mosquito Joe is a franchise opportunity with a great promise: Making outside fun again for communities throughout the United States. Mosquito Joe franchise costs are significantly less than most franchises, particularly due to low initial staffing need and the non-necessity to build out a retail space. Backed by a corporate team with over 80 years of franchise experience, Mosquito Joe franchise partners receive training and support through best-in-class software, powerful marketing campaigns and structured call center operations to help with recruiting customers and maintaining world-class customer service.
Investment Cost: $87,434
The Cleaning Authority has been franchising for almost 20 years and has more than 190 locations in the United States and Canada. Completing more than 1.7 million cleans last year, the company is responsible for the proprietary “Detail-Clean Rotation System” designed to guarantee a thorough clean. The Cleaning Authority is also environmentally responsible—they’re committed to using Green-Seal Certified cleaning products.
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About the Author
Nick Powills
FollowNick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.
