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1851 Growth Club
Top 5 Low-Cost Franchises for Veterans
More than 200,000 veterans have found opportunities in the franchise industry. But what makes franchises so eager to recruit veterans?
According to the SBA, about a quarter of the country’s 23.5 million veterans are interested in starting or buying their own business—and franchises are more than eager to meet that demand.
That’s why, in 1991, VetFran was founded as a way to thank the hundreds of veterans returning home from the first Gulf War. Over the years, VetFran has grown into a large network of over 650 franchise brands that voluntarily offer financial discounts, mentorship and training for aspiring veteran franchisees and veterans seeking employment.
More than 200,000 veterans have found opportunities in the franchise industry. But what makes franchises so eager to recruit veterans?
According to VetFran, franchising is a popular career choice for military veterans because many of their skills and traits from the military translate well with business ownership, such as integrity, management and thinking under pressure. And because so many franchises offer veteran incentives, it makes the transition easier once they return home and make their next move.
Here are five low-cost franchises popular with veterans.
Franchise Fee: $25,000 to $59,000
Incentive: Veterans receive up to $5,000—or 20 percent—off the franchise fee.
Sport Clips is the “Official Haircutter” of the Veterans of Foreign Wars. In addition to offering a veteran incentive, they’re also actively giving back to the community. To date, they’ve helped provide almost $1.2 million in scholarships to active-duty service members and veterans with their “Help A Hero” program, which helps the country’s armed forces make their transition from military life to the civilian workplace a little easier. Read about one veteran’s experience with SportClips.
Franchise Fee: $45,000 to $135,000
Incentive: Veterans receive up to $10,000—or 10 percent—off the franchise fee.
With nearly 15 percent of their franchises owned and operated by veterans, AdvantaClean continues to be a top business opportunity for veterans in communities across the country.
Franchise Fee: $44,000
Incentive: Veterans receive up to 20 percent off the franchise fee.
Launched in 2012, VetConnection is the first nationally branded program of its kind. Vet Connection is a fully customized cleaning franchise opportunity specially designed for veterans, and it encourages the use of similar training and proven methods used by the military. Because of its master franchisee model, the company aims to find individuals who have experience managing large groups of people—a concept that aligns with a veteran’s skill sets.
Franchise Fee: $78,150 to $131,650
Incentive: Veterans receive up to 10 percent off the franchise fee.
With more than 30 veteran owners already within the Right at Home system, this leading senior home care franchise is a popular choice for veterans. In addition to its relatively low-cost startup investment, Right at Home appeals to veterans because it allows them the opportunity to continue their lives of service by serving seniors in need. Read about one veteran’s experience with Right at Home.
Franchise Fee: $25,000
Incentive: Veterans receive $2,500 off the franchise fee.
Mosquito Joe, a franchise system based in Hampton Roads, Virginia, home to several large military installations, is investing heavily in veterans; some 15 to 20 percent of its franchisees are former service members. In addition to the discount, veterans are attracted to the brand’s culture.*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.
