Franchises Under $50K
If you have a budget of 50k or less to start a franchise, these franchises under 50k will inspire you to take the next step.
Exploring franchises under 50k offers a pathway to business ownership without requiring a hefty upfront investment. Contrary to popular belief, entering the world of franchising doesn’t always necessitate a six-figure sum.
For aspiring entrepreneurs with a budget of $50,000 or less, a wealth of franchising opportunities awaits that blend affordability with the potential for robust business growth.
Here, we present a carefully curated list of 28 top franchises under $50K, providing you with accessible options to kickstart your entrepreneurial journey. But first, let’s review some important things to know before buying your dream franchise.
- READ MORE: See our Franchise Guide
What are Some Advantages of Buying a Franchise?
There are many advantages to buying a franchise vs. starting your own small business. Perhaps the most appealing is that you are buying into a proven business model. When you buy a franchise, you are essentially buying a turnkey business that comes with all the systems, processes, and support in place to help you succeed.
Another advantage of franchising is that it allows you to be your own boss while still having the backing of a larger organization. This can give you peace of mind and a support network to help you through the inevitable challenges of owning your own company.
The cost of buying a franchise can also be lower than the cost of starting your business from scratch. When you factor in the cost of marketing, research and development, and other start-up costs, a franchise can actually be a more affordable option.
Franchising also allows you to receive training and support from the franchisor. This can be extremely helpful and is one of the reasons why franchises have a higher rate of success than startup companies.
The Different Types of Franchises Available
Now that we’ve gone over some of the advantages of buying a franchise let’s take a look at the different types of franchises that are available.
| Franchise Model | Investment Level | Nature of Business | Support Level | Example Industries |
|---|---|---|---|---|
| Investment Franchises | High | Large scale operations | Extensive | Hotels, Car Dealerships |
| Business Format | Moderate to High | Comprehensive system usage | Comprehensive | Fast Food, Retail |
| Distribution Franchises | Moderate | Product distribution focus | Moderate | Beverage, Manufacturing |
| Job Model (Low Cost) | Low | Home-based/Individuals | Varies | Lawn Care, Cleaning |
| Conversion Franchises | Moderate | Conversion of existing biz | Moderate with rapid growth | Restaurants, Retailers |
Investment Franchises
Investment franchises are for the serious investor looking to make a significant mark in the business world. They require substantial capital, both monetary and time, for a potentially large return on investment (ROI).
These franchises are typically well-established brands in sectors that demand a hefty upfront investment, such as luxury hotel chains, expansive full-service restaurants, automobile dealerships, and gas stations.
Franchisees in these sectors are often involved in extensive development projects and operate on a large scale, with the end goal being significant profit upon exit or resale of the franchise.
Business Format Franchises
The business format franchise model is the quintessential image of franchising. Renowned brands like McDonald’s, 7-Eleven, and Ace Hardware epitomize this model, where you’re not just investing in a name; you’re adopting an entire system.
As a franchisee, you’ll gain access to the franchisor’s trademark, benefit from an established business model, and receive guidance on every aspect of running the franchise, from operations to marketing.
This full-package support is designed to replicate the franchisor’s success in multiple locations, offering a blend of independence and proven business practices.
Distribution Franchises
Distribution franchises offer a different type of partnership. Instead of operating under the franchisor’s comprehensive system, you primarily sell products under the franchisor’s brand.
This model is common in supplier-dealer relationships, where the franchisee is responsible for distributing products manufactured by the franchisor.
For instance, being part of the distribution for companies like Coca-Cola or Pepsi means you’re more involved in the supply chain aspect of the business rather than the full breadth of operations.
Job Model Franchises (Lowest Cost Business Model)
For those looking to enter the franchising world without a hefty investment, job model franchises are an attractive option. These franchises often require minimal capital and are well-suited for home-based businesses or individuals.
They focus on providing a service, such as lawn care or cleaning, where the initial investment might include purchasing equipment, a vehicle, and basic marketing to get started.
This model is ideal for those seeking to operate independently or with a small team, often appealing to entrepreneurs looking for entry-level franchise opportunities.
Conversion Franchises
Conversion franchising is a unique model that allows existing independent business owners to convert their operations into franchise units. This model is beneficial for those who want to tap into the franchisor’s brand power, marketing expertise, and operational systems to enhance their business.
By converting an independent business, say a local pizzeria, into a Domino’s franchise, the owner can rapidly expand their market reach. This model can result in accelerated growth and the potential for increased revenue with the backing of a brand that has already established a loyal customer base.
How to Choose the Right Franchise for You
When choosing the best franchises, you’ll want to look for the following:
- Strong support: A franchisor that provides strong support will help you get your business up and running quickly and smoothly. They will also be there to help you troubleshoot any problems that come up along the way.
- Proven success: You’ll want to choose a franchisor that has shown success in the industry. Look for a franchisor that has been in business for several years and has a large network of happy franchisees.
- Clear expectations: Be sure you have a clear understanding of the expectations and requirements of being a franchisee. This includes things like an initial investment that includes royalties, marketing fees, minimum liquidity, and any other ongoing costs. Of course, you’ll want a franchise under $50K, so consider that into everything, too.
- A good fit: Be sure to choose a franchise that is a good fit for your skills, interests, and lifestyle. Not all franchises are a good fit for everyone, so it’s important to choose one that is right for you.
- Reviews: Be sure to read reviews of the franchise you’re considering. This will give you a good idea of what other franchisees think about the franchisor and how it’s structured.
- Due diligence on your part: To have a successful business, you need to start out on the right foot. So, no matter how much the franchise costs, you should always carefully read over business disclosures and legal documents, including the franchise disclosure document. Also, consult with accountants, franchise attorneys, and even the CEO of the franchising company, to mitigate your risk.
Our Methodology: How We Chose the Best Franchises Under $50K
When it comes to identifying the best franchises under $50k, affordability is just the starting point. Potential franchisees look for low-cost opportunities that do not compromise on the potential for profitability and growth. Here’s how we pinpointed the top franchises within this budget-friendly category:
Initial Investment and Start-Up Costs (10/10)
We concentrate on franchises under 50k, featuring an initial investment that comfortably stays below the $50k mark, making them accessible to a broader array of investors.
Profitability and Revenue Potential (9/10)
A lower cost of entry must still pair with a sound potential for earnings. We analyze the revenue models and profitability track records of these franchises.
Brand Recognition and Market Presence (8/10)
Even with smaller investments, brand strength can accelerate business growth. We assess how well-known the franchise is and the market presence it commands.
Training and Support (8/10)
Comprehensive training and support are vital for the success of any franchise, especially those with lower investment levels.
Operational Simplicity (8/10)
We look for franchise models that are straightforward and uncomplicated, which often correlates with lower operational costs.
Growth Opportunities (7/10)
The potential for business growth and the scalability of the franchise model are crucial, even for franchises under 50k.
Ongoing Fees and Royalties (7/10)
We evaluate the ongoing costs associated with the franchise, ensuring that they remain reasonable and do not erode profit margins.
Industry Demand (7/10)
Franchises in high-demand industries are more likely to offer a faster return on investment, which is a critical consideration for lower-cost franchises.
Flexibility and Lifestyle Compatibility (6/10)
Franchises that offer flexibility, such as home-based options, and align with the owner’s lifestyle preferences are particularly appealing in this price range.
Franchisee Satisfaction and Reviews (6/10)
We consider feedback from current franchisees regarding their satisfaction with the business and the support they receive.
Legal and Compliance Support (6/10)
Support in navigating the legal aspects of starting and running a franchise is essential, especially for new entrepreneurs.
Community and Environmental Impact (6/10)
We acknowledge franchises that contribute positively to their communities and adopt environmentally sustainable practices.
Our selection of the best franchises under $50k is based on a balance of affordability and the potential for financial success. We aim to recommend franchises that not only fit a modest budget but also offer a comprehensive support system, brand strength, and growth potential, paving the way for rewarding business ownership.
Franchise Opportunities You Can Start for under 50K
If you are thinking about buying a business franchise and have a budget of 50k or less, the following business opportunities are looking to expand and new need franchisees to increase their footprint across the country. Most of them are in booming industries, too.
Skyhawks Sports & Supertots Sports Academy
If you enjoy being a mentor to children, Sport & Supertots Sports Academy is the franchise for you. As a franchisee, you will acquire exclusive territories for athletic camps and programs in various sports at community-based organizations like schools and park & rec departments.
- See details here: Franchise information
The Dog Wizard
The Dog Wizard, now merged with The Upbeat K-9, is a dog training franchise that offers a wide variety of services, including obedience training, puppy training, behavioral modification, and guidance for dogs with aggression issues. They also have a strong training program for their franchise owners so you can grow. Woof!
- See details here: Franchise information.
Pillar to Post Home Inspectors
Pillar to Post Home Inspectors is a home inspection franchise that helps buyers, sellers, and real estate agents by providing top-quality inspections. With their low up-front investment, established processes & technologies, and ongoing support & guidance, they make it easy to get started in the home inspection business.
- See details here: Franchise information
Lil’ Angels Photography
Photo studios and photo booth services represent affordable franchise opportunities. If you have a passion for photography and enjoy working with children, Lil’ Angels Photography Studio might be the perfect choice for you. As a franchisee, you’ll have the freedom to be your own boss while assisting parents in capturing their children’s special moments through customized professional photo sessions that cater to every developmental stage. Lil’ Angels offers the potential for six-figure earnings and is a highly cost-effective business option.
- See details here: Franchise information
Kinderdance Area Developer
If you have a passion for dance and teaching, you’ll want to check out Kinderdance. As an area developer, you will help to enrich children’s physical, cognitive, and social skills through a curriculum that focuses on yoga, dance, music, and pre-gymnastics. With their low investment cost and strong support system, they make it easy for you to get started in this exciting industry.
- See details here: Franchise information
Window Gang
Privately owned franchise Window Gang offers expert window, gutter, dryer vent cleaning, and pressure washing services. As an area developer or franchisee, you work directly with the CEO and help homeowners maintain their homes. With a long and proven track record, strong support system, and high earning potential, Window Gang makes it easy to get started in the exciting home services industry.
- See details here: Franchise information
Class101
Are you seeking an affordable franchise opportunity that offers flexible work hours, significant earning potential, and the ability to positively impact your community? Class101, which requires a low investment and offers high returns, could be the perfect choice for you. This business stands out as one of the top language tutoring franchises in the nation, assisting high school students in gaining admission to better colleges and qualifying for increased financial aid and scholarships.
- See details here: Franchise information
Rooter-Man
Rooter-Man has a wealth of experience and offers a wide range of expert plumbing, septic, and drain cleaning services to homeowners across the country. They provide franchise owners with equity in their national brand, meaning your investment will appreciate as time goes by. Whether you want to operate as an independent franchisee or become an area developer with multiple territories, Rooter-Man has a low overhead, ongoing corporate support,t and innovative training.
- See details here: Franchise information
Surface Specialists Bathtub Repair and Refinishing
With repairs startup cost at around 40K, this franchise opportunity is nothing to sneeze at. Surface Specialists have been repairing and refinishing kitchen and bathroom surfaces to look new since 1981, and they started franchising a year later. Their gorgeous franchisee work has been showcased on Rehab Addict and Flipping Vegas. If you want to buy a franchise from them, you are supported by a skilled national team that offers training and support for all aspects of your business, from technical to marketing and beyond.
- See details here: Franchise information
ServiceMaster Clean Disinfection Services
With 65 years of experience in the industry, ServiceMaster Clean Disinfection Services offers commercial cleaning services and comprehensive training programs for franchisees they take on. They also offer ongoing support to these prospective franchisees, along with generous financial incentives. These incentives include a 20% discount off the startup costs for veterans, a 10% discount for minorities and women, and 80% off financing for startup costs for qualified groups.
- See details here: Franchise information
Young Rembrandts
Young Rembrandts is a recognized leader in art education for children aged 3-12. Their unique method of drawing prepares youngsters’ brains for more advanced learning. From coloring to shading and line drawing, their lesson plans are carefully designed with students’ cognitive development in mind. If you decide you want to start a franchise with Young Rembrandts, you will receive one-on-one support from their team of art educators and business experts.
- See details here: Franchise information?
SuperGreen Solutions
If you believe in eco stewardship, then owning a SuperGreen Solutions franchise might be a good fit for you. Their mission is to provide businesses and homes with affordable, high-quality, renewable options for heating, air conditioning, and water heating. If you want to own your own SuperGreen franchise, they will help you launch your business quickly and efficiently so that you can start earning revenue right away.
- See details here: Franchise information
Action Coach
If you are a business-savvy person who is interested in helping entrepreneurs succeed, then consider franchising with Action Coach. This particular company works internationally to provide business coaching services to help companies grow and thrive, no matter what industry they operate in. Their coaches have years of experience working with small businesses and can offer practical guidance to help you launch and manage your own franchise.
- See details here: Franchise information
Anago Cleaning Systems
Anago Cleaning Systems is a top choice for anyone looking to start their own cleaning franchise. This commercial cleaning business offers its franchisees comprehensive training programs, ongoing support, and marketing materials so you can get your business off the ground quickly and easily. Whether you want to specialize in carpet cleaning, window washing, or commercial janitorial services, Anago will provide you with everything you need to succeed.
- See details here: Franchise information
H&R Block
H&R Block is the industry leader in tax preparation services. As one of the most well-known franchising opportunities in the country, they feature excellent organization training and development, which leverages entrepreneurs to start their own tax services businesses. Franchisees operate a tax return preparation business where they may also have rights to offer payroll services, bookkeeping, and training.
- See details here: Franchise information
Paymore
Electronic sales stores are often profitable, and Paymore is no exception. There are other advantages to buying one of their franchises, too, including low overheads, high consumer demand, and high customer retention rates. Their proprietary software makes operations easy, and you can combine multiple revenue streams such as consumer electronics, pawn, eCommerce, and second-hand retail for growth and better profitability.
- See details here: Franchise information
Property Management Inc
For individuals familiar with the real estate sector, Property Management Inc. offers an outstanding home-based franchise opportunity for real estate agents, particularly those skilled in negotiation. This property management franchise provides continuous support, access to company resources, business training, and third-party financing, making it an excellent choice for franchises under 50k.
- See details here: Franchise information
Jazzercise
With their signature dance-fitness workouts and personal training programs, Jazzercise provides franchisees with an established business model that offers an excellent return on investment. Whether you’re just starting out or have years of experience in the fitness industry, Jazzercise is one of the top franchises for entrepreneurs who want to build a profitable business that helps people maintain a healthy lifestyle.
- See details here: Franchise information
Drama Kids International
This low-cost home-based franchise offers a unique opportunity to work with young children. With a focus on creativity and communication skills, Drama Kids offers classes for kids that help them develop confidence and social skills through interactive theatre games and exercises. Before opening your franchise, Drama Kids will ensure that you acquire the necessary training, marketing, administration, and management skills before you open.
- See details here: Franchise information
TSS Photography
TSS Photography is one of the leading photography franchises in the country, with a focus on providing safe and secure photography services for schools, sports teams, and other organizations. With its cutting-edge technology and years of experience, TSS Photography is the perfect choice for entrepreneurs who want to start their own photo businesses.
- See details here: Franchise information
Naturals2Go
With an emphasis on offering healthy and nutritious smoothies and snacks crafted from natural ingredients, Naturals2Go stands out as a top franchise in the health food sector. Whether you are a newcomer or seeking to grow your current business, owning a Naturals2Go franchise presents a fantastic opportunity to create a profitable venture that contributes to healthier living.
- See details here: Franchise information
Champs Chicken
Chicken restaurants are one of those service-based franchises that are on the rise. Champs Chicken is an example of this, and with a proven record of success and no experience needed, this low-cost turnkey business opportunity is an excellent opportunity to build a profitable business in the fast food industry. Champs Chicken serves delicious fried chicken, pork loin, and shrimp with sides like mashed potatoes and collard greens. They offer their franchisees perks like fanatical support, ample marketing funds, and hefty margins.
- See details here: Franchise information
Proforma Printing Solutions
Franchising since 1985, Proforma Printing Solutions has more than 40 years of experience working with a wide range of industries. The company focuses on providing high-quality printing services for businesses of all sizes, including print management, digital and offset printing, fulfillment services, mailing services, and more. You will need to be confident and good with people since working with customers requires a professional and friendly approach.
- Printing and promotional products startup cost: $5K-$60K
- Units in operation: 600+
- See details here: Franchise information
Estrella Insurance
Estrella Insurance is a property and casualty insurance agency. With more than 20 years of experience in providing affordable car and home insurance, they are a reliable choice for anyone looking to franchise with them. They offer their franchisees marketing & advertising services, onboarding and support, brand strength, and an established corporate model, ensuring that you have everything you need to succeed as an entrepreneur with Estrella Insurance.
- See details here: Franchise information
Mint Condition
Mint Condition has provided comprehensive cleaning, disinfecting, and janitorial services to their commercial customers since 1996. The commercial cleaning startup cost with them is one of the lowest on this list, and their team is powered by a network of hard-working regional offices and franchisees. The franchisors provide a comprehensive training program, flexible financing and ongoing support to help you succeed in business and ‘mint’ money.
- See details here: Franchise information
Town Money Saver
For another very low-cost franchise opportunity, we have Town Money Saver. TMS is a digital monthly community magazine that provides coupons and features for local businesses and advertisers. Their goal is to provide effective, cost-effective advertising for local companies that allows them to compete with bigger national chains. With no experience, employees, or inventory needed and with a minimal initial investment, owning a Town Money Saver franchise is an excellent opportunity to own a company in the publishing industry.
- See details here: Franchise information
Superglass Windshield Repair
SuperGlass Windshield Repair has been operating for 30 years and specializes in repairing any wayward glass scratch or crack on your auto windshield. It’s one of the more budget-friendly franchises on this list, with the high end of startup costs only being $31K. Also, overhead costs can be kept low due to its mobile option — a physical shop location is not required. It also offers classroom and on-the-job training.
- See details here: Franchise information
ACFN Automated Teller Machines
This is one of the hot ATM franchise ops that Small Biz Trends reported on back in September. ACFN provides automated teller machine services to hotels and other travel and entertainment-based businesses. The franchisors offer all you need to get your own ATM private network started, including site selection, lease negotiation, equipment, and signage.
- See details here: Franchise information
Mattress by Appointment
As far as low-cost franchises go, it’s hard to beat this one. You only need $20,000 to get started with Mattress by Appointment, which includes your opening inventory, advertising, and leasehold expenses. In addition, there is no training cost, franchise fee, or setup fee. You get lots of flexibility because Mattress by Appointment lets you work independently and make your own schedule.
- See details here: Franchise information
Oxi Fresh Carpet Cleaning
Oxi Fresh is a green carpet cleaning service and a world leader in environmental sustainability. They use the power of oxygen to leave the carpets of residential and business customers clean and dry in just one hour. With Oxi Fresh, you can work as much or as little as you want, and they offer comprehensive training, marketing support, ongoing education, and more to help franchisees succeed. With a booming industry and solid business plan, owning an Oxi Fresh franchise could be the perfect opportunity for you to start your own business.
- See details here: Franchise information
The Most Profitable Franchises Under 50K
This can be a bit of a challenge to answer, as it depends on several different factors, including your location, industry experience, and how well you manage your business.
Some of the most lucrative franchises under 50K include Jazzercise, Town Money Saver, and Superglass Windshield Repair. Both are successful with low small business startup costs and no initial experience or inventory needed. Other popular franchise opportunities include ACFN Automated Teller Machines and Oxi Fresh Carpet Cleaning.
Additionally, bear in mind that franchisors will often list revenue and profitability cases in their franchise packages. However, as a potential franchise owner, be sure to do your due diligence and ensure that the franchise you choose is sustainable and not just a flash in the pan.
Ultimately, the most profitable franchise opportunity will be the one that best suits your needs and skillset. So, consider all of your options carefully before making a decision.
Image: Envato Elements
This article, "Franchises Under $50K" was first published on Small Business Trends
