Top 5 Best Cheap Franchises For the Long Term
Posted by Admin on 05 Feb 2010 | Tagged as: cheap franchises
Every year there are tons of lists of the top franchises. There is any number of lists to choose from. Top 10 food franchises, top 10 part-time franchises, top five franchises of the future, and so on. This is no different with cheap franchises. However, with this list I would like to present you with a few franchises that have been in the top of the lists for several years and should continue into the future.
Subway is a perennial top vote getter in several categories. This is no different from the cheap franchise list. A Subway franchise is one of the most versatile franchises available. Because of the small space requirements, a subway can be placed in a variety of locations. The best part is that a Subway franchise can be quite inexpensive to open. Prices range from $80,000 to $250,000.
RE/MAX is another franchise that is consistently in the top. With the current conditions of the real estate market, some may be a little cautious about buying a franchise in this industry. However, real estate like anything else moves in cycles. Eventually the real estate market will level back out and stabilize. Much of the price of a RE/MAX franchise will be determined by the location. The size of your office space will be the biggest factor. Franchise prices can range from $40,000 to $200,000.
Jani-King is a cheap franchise in the commercial cleaning business. For many years this has been a popular choice for individuals looking for low-cost franchises. Total investment in a Jani-King franchise can range from $11,000-$35,000. This franchise sets up your initial customer base for you and charges you a fee for the size of the customer base. This is a great franchise opportunity for someone who hates to sell but is a dependable hard worker that wants to own their own business.
With all the problems in our educational system these days, Kumon Math and Reading Centers have become a very popular cheap franchise. Kumon uses their own brand of learning techniques utilizing worksheets and self-paced advancement to build a solid base of learning. A Kumon center can be opened for between $33,000 and $131,000. This franchise requires good reading, math, and communication skills.
Finally, if you’re into exercise and you’re looking for a cheap franchise opportunity, a Jazzercise franchise may be for you. This company has been franchising since the early 1980s. You must be trained and certified before becoming a franchisee. The costs involved in opening a Jazzercise run between $3000 and $75,000.
There are many more low-cost franchises available in a variety of different industries. However, these five have proven, consistent results over many years. Do not let the low-cost investment fool you. These franchises can be very successful for the owners. The success of an individual franchise has more to do with the drive of the owner and not so much the purchase price.