Instead of writing 11 low cost franchises with high profit in 2017, we might just have set 11 easy franchise opportunities as our title. Some of these franchises are so affordable they fall into the cheap franchises under 5000 category, and it won’t be too complicated to set them up either.
Have you ever been in the situation when you had some funds, but didn’t know exactly what to do with it? Sometimes in your life, an opportunity arises and you get hold of a certain amount. Whether we are talking about savings, extra profit, a lottery win or heirloom, it doesn’t matter. When you have the money, the question arises what the best possible investment is. Of course, sometimes the plans depend on how much you’ve got. If we’re talking big money, buying a real estate is what everyone recommends. But how do you know when is the best time for purchase, and what if it turns out to be in worse shape than you had expected? Starting your own business is what usually gets people thinking next. Everybody loves being their own boss, setting their own working hours and bossing people around. The problem is, which business to set up? The one at which you excel, or the one that the market is currently in demand?There’s also another dilemma. Having knowledge of a certain business or trade is one thing, but running the company, no matter how small it might be, is something completely different. Great managers don’t get ridiculously high salaries for no reason. In that case, why not start a franchise business? Believe it or not, there are lots of easy franchise opportunities everywhere around you.
What are the advantages of owning a franchise? In the first place, the business you’ll be opening is more likely to succeed due to the brand name. Being inexperienced at management or a particular business is not an issue since free training is provided. You can always count on the franchiser to provide suitable education because it is in his best interest that you are successful. Last but not the least, investing in a franchise is investing in your future. Naturally, nothing is perfect and there are some disadvantages of being a franchisee. Perhaps the management system and the way business is run is not going to appeal to you. There will always be a certain amount to be paid to the franchiser, and your business actually depends on the performance and image of the brand that you had bought. Not to mention, some of the franchises require great investments. As for the last, we are here to help you out and give you a list of low cost business opportunities.
In order to do so, we decide to explore which franchises have been chosen as the most affordable and most successful by Entrepreneur, since they are extremely knowledgeable about the topic and usually all the other sources point out to them. However, we decided to introduce additional parameters to obtain results for 2017. We went to the Franchise Direct and Burgerim since we are focused on the latest franchise trends. We analyzed the list of the top global franchisers and the current trends so as to obtain the best results. The conclusion is that most profitable franchises belong to the categories of (fast) food, convenience stores, car rental and dealer, hotels, real estate, child education, home improvement, and fitness. Admittedly, fast food franchises are the most profitable, but unfortunately, cheapest food franchises are too pricey to be called a franchise with low startup costs. Therefore, they aren’t on this list. Fear not, there are plenty profitable low cost franchises under 10000 to choose from. They are listed from the most expensive to the cheapest, according to the minimum initial investment required. Also, the franchise had to show a certain growth in the previous year, since stagnation is not a sign of a prosperous franchise.
If money isn’t an issue, take a look at most profitable franchises to buy in 2017. But if you prefer to invest wisely and minimally, first you need to check out some of the most profitable low cost franchises to own, and then, proceed with the list of low cost franchises with high profit in 2017. You will see how much franchise costs, what it specializes in and how many new units it set up in 2016 (we can’t have data for 2017 since the business year isn’t over).
Initial investment: $22,500
New units: 4 units (2.4 percent)
The program was originally called mini-Kickers. The franchise teaches 3,4 and 5-year-olds soccer skills, together with stories, rhymes, and songs. You can organize a special place for your franchise, or use local school grounds.
Initial investment: $19,850
New units: 49 units (46.2 percent)
This is a franchise with the highest number of new units in 2016, and who knows what will happen by the time 2017 finishes. They opened 49 new units, which makes for 46%. It was founded in 2008 and has been growing ever since. Property Management Inc. deals with finding tenants, processing rent payments, providing inspections and many other tasks that have to be done when renting a real estate.
Initial investment: $19,550
New units: 10 units (4.4 percent)
Since house redecorating is one of the trends, Christmas Decor deserved its place on the list of low cost franchises with high profit in 2017. Even though it is a seasonal business, it is extremely lucrative. After all, it has been operating for 21 years. You know very well what craze happens during the holiday season and how competitive people become. Why not make some money out of it?
Initial investment: $17,950
New units: 4 units (3.0 percent)
The company that ranks 8th on our list of low cost franchises with high profit in 2017 was founded in 1979, but it started franchising a couple of years later. It offers education through dance and it is widely popular among parents and franchisees. The secret lies in the fact that parents don’t have to take their children to special places, and you can save on construction costs. The lessons are usually taught in schools or child-care centers – wherever the child is.
Initial investment: $17,000
New units: 17 units (5.1 percent)
True, the franchise investment may go as high as $124,450 but the minimum amount required from you is only $17,000. OpenWorks, one of the low cost franchises with high profit in 2017, is a commercial cleaning company, and there will be plenty of more to come. The company was established in the last century, i.e. in 1983 so it has a long tradition and a reliable business. They offer cleaning, carpet, and upholstery service, handyman services and many more.
Initial investment: $10,930
New units: 58 units (1.9 percent)
Even though cleaning isn’t a glamorous job, and it will never become one, it is one of the most reliable and wanted ones. Vanguard services franchised over 15,000 businesses, healthcare companies, educational facilities, and non-profits. Now just imagine how much they are paying and do the maths.
Initial investment: $10,440
New units: 132 units (10.0 percent)
We are continuing our list of low cost franchises with high profit in 2017 with Anago Cleaning Systems that ranks 84 in Entrepreneur Franchise 500 list rank. It is very successful both locally and internationally. They offer regular office cleanings and periodic commercial cleaning services. Last year they expanded with 132 new units, so they are a name to be trusted.
Initial investment: $3,985
New units: 375 units (4.8 percent)
Here is another cleaning service among low cost franchises with high profit in 2017. We’re talking serious business here. Its starting investment is under $5000, and as you can see, almost 400 units are a bit over 5% of the total number of franchisees. You can buy one of the two kinds of franchises in the company’s business model. One is a home-based or unit franchise, so that is actually the cleaner. The other is a master franchise, which is in control of a number of units, i.e., cleaners.
Initial investment: $3,530
New units: 181 units (2.1 percent)
The maximum investment required for this business is $12,900. It’s very appealing, isn’t it? Jazzercise Inc. that ranks third on our list of low cost franchises with high profit in 2017 is a kind of fitness which is becoming increasingly popular. Gym franchises are one of the most profitable ones, and with the current trends in health and wellness, Jazzercise Inc is an excellent choice. It is present in the USA and 30 other countries.
Initial investment: $3,450
New units: 79 units (6.8 percent)
Stratus Building Solutions was one of the best low cost franchises 2016 and it is continuing to be in 2017. It has been franchising since 2006. Actually, it has nothing to do with building or construction. What are the most popular franchises on our list? That’s right, commercial cleaners. They’re using proprietary chemicals and equipment to take care of office buildings, shopping centers, restaurants, retail businesses, dealerships, medical offices, religious centers and many others.
Initial investment: $2,245
New units: 41 units (6.4 percent)
As you have already noticed, commercial cleaning is the most reliable business when it comes to easy franchise opportunities, so Buildingstars International comes first in our list of low cost franchises with high profit in 2017. The initial investment is less than $2,500 dollars, and the business is steadily growing. It’s worth knowing that they offer you three types of investment. You can be a technician (working part-time), an onsite manager (controlling larger buildings and a bigger team), and a corporate manager (with the most responsibility and revenue). Whichever option you decide on, it will be a success.