Affordable Franchising Opportunities (& Franchises Under $10K!)

affordable franchise

When searching for the right franchise opportunity, many assume owning a franchise requires a large initial investment. However, each franchise has a unique business model and startup cost. Many different franchise opportunities can provide significant returns for low initial investments.

Affordable Franchising Opportunities (& Franchises Under $10K!)

What do commercial cleaning services, cruise planners, and fire suppression systems all have in common? They are all low-cost opportunities for prospective franchisees. Although these business opportunities require a small initial franchise fee, potential earnings are unlimited. It's important to remember that the best franchise opportunities are the ones that align with your personal goals and provide you with the right amount of comprehensive training so you can start your journey as a business owner confidently. Experts expect these industries to perform well in the next few years.

5 considerations when starting a franchise

 

Corvus Janitorial 

Opening its first franchise in 2004, with over 1,000 franchise owners, Corvus Janitorial has steadily grown to become a household janitorial name. The franchise attributes its success to 20 years of experience in the industry paired with its strong franchisee support system. Startup costs to buy a Corvus Janitorial franchise begin at $10,000. To learn more about a low cost franchise opportunity with Corvus Janitorial, click here. 

Jani-King International, Inc. 

Franchising since 1974, Jani-King International, Inc. now has more than 120 regional support offices in 10 countries. With over 50 years in business and over 60,000 customers, the franchise has become one of the largest janitorial franchises in the world. To begin operating a Jani-King International, Inc. Franchise will require an initial investment cost of $3,000. For more information about opening a Jani-King International, Inc. Franchise, click here.  

About the Janitorial Services Industry

A study by Grand View Research found that the global janitorial services market size was valued at $324.21 billion in 2023 and is expected to grow at a CAGR of 6.5 percent to $729.47 billion by 2033. Declining office vacancy rates and rising concerns over health and hygiene drive the demand for cleaning services upwards.

Cruise Planners

Franchising since 1994, Cruise Planners is the largest home-based travel franchise across the United States. Mentioned by many reputable news sources, from Travel Weekly to Entrepreneur Magazine, Cruise Planners is known as one of the best travel agencies. Starting a franchise with Cruise Planners will run you roughly $10,000, but there's no need to worry about expensive overhead costs or scouting for a storefront. Learn more about franchising with Cruise Planners here. 

Dream Vacations 

Since 1992, Dream Vacations has grown to become one of the top home-based franchises with over 1,500 franchisees. The company prides itself on its commitment to franchisee success with over $4 million invested yearly in their marketing and promotions. Over 90% of its marketing and lead generation programs are free for franchisees. To begin a franchise with Dream Vacations, the initial cost is $2,000. For more information about opening an affordable franchise with Dream Vacations, click here. 

About the Travel Services Industry

Some of the benefits of a travel franchise include a low start-up cost, the ability to travel on a flexible schedule, and the proven success of business models that have been developed for years. Allied Market Research conducted an analysis of the travel industry and projects that the global leisure travel market will reach $1.737 billion by 2027, with a CAGR of 22.6 percent over 6 years from 2021 to 2027. A shift in desire for experiences rather than spending money on goods along with a rising amount of middle-class travelers with disposable income are the key market drivers for this growth. 

FireMaster 

Founded in 1985, FireMaster has grown to more than 80 locations across the United States providing fire safety and suppression equipment. The franchise offers thorough training, ongoing support with certification courses, marketing and business management assistance, technology and vendor discounts, and more to aid its franchisees. Owning a FireMaster franchise will require an initial cost of $10,000. To learn more about a low-cost franchise opportunity with FireMaster, click here. 

Whether seasoned owners are looking to expand or new franchisees want to be their own boss, thorough research will greatly serve the journey of business ownership and ultimately help lead to a successful business. Ready to take the leap? Contact the IFA today and let’s make it happen!

Sources: 

Allied Market Research 

Grand View Research 

 

 

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