8 Cheapest Franchises You Can Buy Into

The cheapest franchises you can buy into are a diverse bunch. Starting a business on your own might be a daunting task, especially for someone without any previous experience in the world of entrepreneurship. But if you’re committed to starting your own venture, you should definitely consider franchising. This method will give an already established business idea, as well as much needed ongoing support.

Starting a franchise does not have to be a costly adventure. While it is certainly true that you need good money for some franchises out there, there are plenty of affordable options to choose from. Following, we would like to present you with a list we have compiled of the top 8 cheapest franchises you can buy into. We have included several important indicators for each of the franchises, such as franchise and royalty fees, total net requirement, and national franchise rate growth. The franchise opportunities were ranked according to net worth requirement, which represent the total amount of assets, liquid or otherwise, you need to prove you have before being awarded a license.

Let’s take a look at the countdown of the cheapest franchises you can buy into.

No. 8 Cheapest Franchise You Can Buy Into: Fibrenew

Cheapest Franchises You Can Buy Into

Product and category: plastic and leather products restoration

Franchise fee: $65,000

Royalty fee: $550 per month (flat, starting from the 7th month)

Net worth requirement: $100,000

No. of US franchises: 100

Franchise growth: 127%

No. 7 Cheapest Franchise You Can Buy Into: Home Instead Senior Care

Cheapest Franchises You Can Buy Into

Product and category: non-medical home care for seniors

Franchise fee: $39,000

Royalty fee: 5%

Net worth requirement: $100,000

No. of US franchises: 609

Franchise growth: 8.9%

No. 6 Cheapest Franchise You Can Buy Into: Pro Energy Consultants

Cheapest Franchises You Can Buy Into

Product and category: Energy auditing & conservation

Franchise fee: $29,900

Royalty fee: $500 per month (flat for 2 years, $800 flat per month afterwards)

Net worth requirement: $100,000

No. of US franchises: 51

Franchise growth: 350%

No. 5 Cheapest Franchise You Can Buy Into: i9 Sports

Cheapest Franchises You Can Buy Into

Product and category: Youth sports

Franchise fee: $19,900

Royalty fee: 7.5% (gross revenue)

Net worth requirement: $100,000

No. of US franchises: 133

Franchise growth: 35%

No. 4 Cheapest Franchise You Can Buy Into: Simple Simon’s Pizzas

Cheapest franchises you can buy into

Product and category: eateries. Pizzas & sandwiches

Franchise fee: $15,000

Royalty fee: 3%

Net worth requirement: $100,000

No. of US franchises: 220

Franchise growth: 10%

No. 3 Cheapest Franchise You Can Buy Into: Mathnasium

http://www.swellvoyage.com.

Product and category: Supplemental education

Franchise fee: $27,500

Royalty fee: 10%

Net worth requirement: $75,000 – $80,000

No. of US franchises: 262

Franchise growth: 106%

No. 2 Cheapest Franchise You Can Buy Into: Heaven’s Best

cheapest franchises you can buy into

Product and category: Home & office cleaning services

Franchise fee: $28,900

Royalty fee: $80 per month (flat rate)

Net worth requirement: $60,000 (at least $20,000 liquid assets)

No. of US franchises: 1,255

Franchise growth: 0.2%

No. 1 Cheapest Franchise You Can Buy Into: Fetch! Pet Care

cheapest franchises you can buy into

Product and category: pet sitting & dog walking services

Franchise fee: $15,000

Royalty fee: 5% plus a 1.5% brand fee

Net worth requirement: $25,000

No. of US franchises: 165

Franchise growth: 11.5%

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