10 Franchises That Don't Require a High Net Worth
For beginning entrepreneurs looking to break into the world of franchising, investments can be off-putting at first. With that in mind, we’ve curated a list of some franchises that don’t require a high net worth.
Opening your own franchise can be a great way to become a business owner, but many people assume that it requires a high net worth or substantial investment. While owning a franchise does require hard work and dedication, that doesn’t always mean it will require you to have a seemingly impossibly high net worth.
Almost every franchise does have some sort of net worth requirement, and larger brands tend to require higher net worths than others. This is because franchises want to ensure their business owners will have enough financial health in order to succeed, and they typically don’t want your business’s growth to be limited by a lack of capital.
However, there are still many opportunities available for those who don’t have a considerable net worth. Here are 10 franchise opportunities that are available with lower net worth requirements.
Units: 370+
Startup Costs: $90,750 to $188,900
Net Worth Requirement: $200,000 to $250,000
Chester’s Chicken
Units: 1,200+
Startup Costs: $15,950 to $288,118
Net Worth Requirement: $50,000
Units:65+
Startup Costs: $85,400 to $138,300
Net Worth Requirements: $200,000 to $250,000
The UPS Store
Units: 5,400+
Startup Costs: $80,357 to $508,472
Net Worth Requirement: $350,000
Le Macaron French Pastries
Units: 60+
Startup Costs: $88,730 to $458,560
Net Worth Requirement: $250,000
Mosquito Squad
Units: 230+
Startup Costs: $153,410 to $201,035
Net Worth Requirement: $100,000
Sir Grout
Units: 44
Startup Costs: $99,975 to $152,530
Net Worth Requirement: $100,000
Caring Transitions
Units: 265
Startup Costs: $58,912 to $82,712
Net Worth Requirements: $50,000
Property Management, Inc.
Units: 380
Startup Costs: $15,000 to $62,900
Net Worth Requirement: $60,000
TruBlue Total House Care
Units: 85+
Startup Costs: $65,050 to $91,400
Net Worth Requirement: $50,000
*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.