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Business Opportunities · Business TrendsTop Low Cost Franchise BusinessesTRENDS IN BUSINESS OPPORTUNITIESFor people wanting to become part of the trend of operating a new, small business from their home - but with limited or small budgets to start in the business world, the franchise format may be an affordable solution. Let's review a few of those considered as the most profitable in the franchising market: CurvesThe cost of a Curves franchise varies depending on the population but is considered to be a low cost franchises, as an example, a franchise territory with a population under 15,000 is only $31,900 while a franchise in a territory with a population of over 20,000 has a cost of $39,900. A third party will deliver the equipment and charge a fee of $1,250 to $1,750. Franchise territories with populations between 15,000 and 20,000 will be set by Curves on a case-by-case basis based on other local factors. Additionally, Curves charges a monthly franchise royalty and a monthly advertising royalty that are based on a percentage of gross revenues between 3 to 5%. Jani-KingJani-King Master Franchise system grants the master franchise investor an exclusive 20-year agreement to operate their program in a defined territory in a renewable 100 years total basis. The franchisee then establishes regional offices throughout the territory that sell individual Jani-King unit franchises to others. To operate a Master Franchise you need an initial investment near $100,000 for United States territories and the types of services provided include general commercial cleaning, carpet cleaning, hard surface floor care, trash disposal, window washing, wall cleaning and other specialty cleaning services on a daily, weekly or monthly schedule. The franchise fee is only between $8,600 to $16,300 and the ongoing royalty fee 10%. ServiceMaster CleanServiceMaster, the parent company of ServiceMaster Clean, one of the world's largest and most versatile service networks specialized in lawn care and landscape maintenance, termite and pest control, heating, plumbing and air conditioning maintenance and repair, appliance maintenance and repair, cleaning and furniture maintenance, home warranties, cleaning and disaster recovery services. Investing between $28,200 to $99,000 in total and paying a franchise fee from $16.900 to $43,000 plus an ongoing royalty fee ranging from 4 to 10%, you can own your own ServiceMaster Clean franchise. Kumon Math & ReadingKumon Math & Reading offers a different kind of after-school learning program designed to help children learn the basics of math and reading giving them skills and confidence to succeed in school and beyond. The education of your children is invaluable, the price of a Kumon Math & Reading franchise unbelievable. You will be paying the lowest fee of $1,000 with a total investment between $10,000 to $30,000 applying an ongoing royalty fee of around $30 + per student per month. This is one of the largest and most established franchise businesses in the world, with near 130,000 students enrolled at more than 1,500 individually owned and operated Math & Reading Centers only in the United States and Canada. The franchise is low cost, the satisfaction is that you know you are helping children in your community to achieve their overall academic performance is priceless. Merle Norman CosmeticsMerle Norman Cosmetics was founded in 1931 and franchising since 1989, which is nowadays an innovative company whose rich heritage sets the stage for a promising future in the cosmetics industry, a vibrant market generating billions of dollars in sales annually. Owning a Merle Norman Cosmetic Studio is one of the most unique and personally rewarding opportunities in franchising available today and the only way to enter retail cosmetics as an entrepreneur with the incomparable advantage to start your business with no franchise or royalty fees. Cosmetics experience can be helpful, but it is not required to operate investing between $33,100 and $156,000 with 60% reimbursement for co-op advertising and SBA financing available to qualified applicants. CleanNet USACleanNet USA gives you the opportunity to own a recession-proof business, with an exclusive territory in the fast-growing, multi-billion dollar commercial cleaning industry. Their Master Franchise proven format allows you to franchise their services to others with a low investment between $3,900 and $35,500 plus a franchise fee from $2,950 and $32,000 while applying an ongoing royalty fee of 3% percent. You will receive from your franchisees a one-time fees ranging from $3000 to more than $30,000 for each franchisee signed plus royalty and management fees ranging from 13% to 15% on all revenues generated, and fees of 9% to 10% for the amount of the local franchise investment financed, besides the additional profits for assistance in providing various items to franchisees including chemical equipment, pagers, insurance, and bonding. |
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