Franchise opportunities range in price from thousands to hundreds of thousands of dollars. Depending on how long you are willing to wait to make a return on your investment, there are many quality franchises available for you to start today at a low cost. Let’s take a comprehensive look at some of the opportunities for low cost franchises within the Franchise Genius family of franchises.
For a minimum investment of just $3,000, you can start an SMS Masterminds franchise. This mobile marketing service can be utilized by small and medium sized businesses to help develop a following of loyal customers. The system of kiosks, text alerts and other mobile technology builds residual income when you sign clients up for monthly service. You can target businesses like nightclubs, retail shops, gas stations and other locations with high traffic areas where people spend money.
Cleaning franchises, like West Sanitation Services, are sanitary and odor control services to help businesses maintain safe and clean restrooms for employees and customers. An initial investment of $5,000 gets you started. This franchise opportunity includes exclusive access to a proprietary line of cleaning products that is both effective and safe for the environment.
Construction franchises such as Concrete Technology provide residential homeowners and commercial businesses with a variety of landscaping options. They install outdoor features like walkways, patios, driveways and swimming pools. They also have experience in installing and refinishing interior flooring and outdoor decks. A minimum investment of just $9,500 is required.
Children’s franchises, like Kids’ Closet Connection, specialize in consignment of gently used children’s clothes. Locate your franchise in a growing area near schools and new residential developments, and you’ve got an ideal market. A minimum investment of just over $11,000 is required to start this low cost franchise.
Mobile food franchising is a popular and low cost way to get into the franchising business. A Kona Ice franchise serves ice cream and shaved ice treats from an eye-catching vehicle. A Kona Ice franchise costs $20,000 in initial investment, whereas standard restaurant franchises cost at least 10 times as much. With this low buy-in, you could work seasonally and still make enough money to get a return on your investment.
Business coaching is making a strong appearance in the franchising industry, as companies try to be more effective in sales, marketing and strategic growth. For a minimum investment of $25,000, you can start an ActionCOACH franchise and help other businesses succeed in developing their business systems and personnel to support growth.
Fitness franchises continue to do well in the United States. Certain metropolitan areas are performing well, despite the sluggish economy, proving people are willing to pay for health and fitness. LA Boxing is a fitness center that primarily offers boxing and toning. The minimum investment for this fitness franchise is $30,000.
Because there are exciting choices available in low cost franchises, you’ll need to do some research to determine which one to pursue. Keep in mind that the best way to evaluate a franchise is to interview existing franchisees about their experiences with the company and product line.