If you have been thinking about investing into a profitable franchise opportunity in California, this is your best time to do so. New franchise opportunities are in the increase, and each comes with its unique offer. One thing common to all franchise opportunities is that they offer a good return on investment.
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I will be discussing on profitable franchise opportunities in California that you can buy into, and also, give information on how to take advantage of these opportunities.
Below are some of the Franchise opportunities in California.
1. Homewatch CareGivers
Founded by Paul Sauer in 1980, Homewatch CareGivers was established with the sole aim of providing quality and compassionate care to people in need of home care services. By buying into Homewatch CareGivers franchise, you would have joined the community of franchisees.
This franchise provides personal assistance services for the aged, disabled and also for those rehabilitating. This gives its target population the ability to live more independently in their homes.
By providing sound support, technical know-how and training, Franchisees are imparted with the skills to excel in the provision of optimum services thereby bringing about peace of mind and satisfaction to clients.
Why Buy into this Franchise?
• A proven business model to benefit from.
• A series of customized care plans.
• Expert advice from industry professionals.
• An online proprietary training platform among several other benefits.
How Much Does It Cost to Open a Homewatch CareGivers Franchise?
To open a Homewatch CareGivers franchise, you will need an investment of $50, 000 with no financing assistance. Territories with a population of the aged reaching 40,000, pay a franchise fee of $49,000.
Although veterans have a 10% discount. This is to enable the franchisees operate under the brand name of the franchise owner. In this case, Homewatch CareGivers.
How Much Profit Can You Make
Homewatch CareGivers is not legally allowed to disclose how much you can make when you buy into the franchise. However, the Franchise’ detailed discovery process is formulated to provide necessary information and knowledge to arm you with the what you need to decide whether this franchise can help you reach your set financial goals.
How to Join
Because this franchise wants you to come into this business armed with the necessary knowledge, it has developed a streamlined and comprehensive procedure that will last 30 to 60 days.
To start, simply visit the site www.homewatchcaregivers.com and navigate to the “steps to ownership page” where a step by step process of joining is adequately provided.
2. Money Mailer
Money Mailer was founded in 1979 and has as its CEO Gary Mulloy. Located in Garden Grove California, Money Mailer went into franchising a year after it was founded.
This is an advertising services franchise using state of the art technology and marketing tools such as the internet, mobile marketing, social media and direct mail
Bagging a world class certification status by the Franchise Research Institute, Money Mailer has over 201 units in operation. This franchise teaches you the art of becoming a local marketing expert and works with the franchisee within his/her own territory in establishing a business of marketing service.
An initial investment of between $95,000- $169,000 is required with a net worth requirement of $200,000 and a liquid cash requirement of $100,000. This covers other start-up costs such as real estate, payroll initial supplies among others.
There are of course ongoing fees such as an initial franchise fee of $75,000 to $150,000, and ongoing royalty fee which varies with no definite amount. With an Advert royalty fee of $0.50/mailed ad.
Money Mailer Financing Options
Money Mailer franchising corp has relationships with third party financing options which cover the costs for start-up costs and franchise fee. There is also a Veterans incentives programme which covers up to 25% off franchise fee.
How Much Can You Make
Money Mailer franchise owners earn up to $100,000 annually ($48 per hour) 50% more than the national average for all franchise owners at $60,000.
3. American Business Systems
Founded by Patrick Philips in 1987, American Business Systems is a home-based business which aids medical practices replace outdated and inefficient billing systems through the deployment of technology.
In early medical practice, fees were delayed for up to 120 days. ABS cuts this delay down considerably to 7 to 10 days maximum.
Why Opt for American Business Systems?
It has a 100% money-back guarantee which is unmatched in the franchising business in California. After payments are made, if at the end of the training provided the participant feels he/she is no longer interested, a 100% refund is effected in his favor.
A total investment of $25,990 is required which covers software and services, training, and lifetime supports.
The locations are nationwide. You can easily benefit from this franchise opportunity within California or anywhere nationwide.
How Profitable is It
On the company website www.absystems.com, there is a detailed calculator that helps you calculate your potential income based on different clients scenarios.
4. Ace Hardware Corporation
This franchise established in 1924 specializes in mainly tools and hardware. It has as its CEO John Venhuizen. It offers retail hardware, support and training and also provides helpful service
The total investment required for this franchise includes the sum of between $400,000 – $1,100,000. It offers financial assistance as third party bank financing is required. With a cash requirement of $250,000 and a net worth of $400,000.
There are several benefits tied to being an Ace Hardware Corp franchise owner. Some of which are; support from dedicated experts who guide and puts you through a thorough training programme, preparing you to be grounded.
How Profitable Is It?
Franchisees that buy into the Ace Hardware Corporation pay no royalty fees and in fact, a part of their profits gets distributed to them yearly. The collective buying power of the franchisees increases due to being part of a cooperative.
5. The Closet Factory Franchise
The company was founded in 1983 by John LaBabera who first opened shop in a little industrial space based in California. He started with 6 employees making customization to closets, garages, pantries, and offices. Today, at its Los Angeles Headquarters, the company employees today stand at over 100.
The required initial investment is within the range of $182,500 – $310,000. With a minimum liquid capital requirement of $100,000.
With an initial franchise fee of $46,500, the Closet Factory franchise also has a 6.75% royalty fee paid on weekly basis to the company.
The Financing options available to Closet Factory includes a third party financing agreement covering things areas like franchise fee, start-up costs, accounts receivable, payroll, inventory and equipment.
Other Advantages and Features
Other features/advantages include ongoing support, marketing support, absentee ownership allowed and also the number of employees allowed to run being 6.
Please, take your time to do your own research if need be so you are sure of making the right decision of your choice of franchise opportunity in California.