Are you based in Florida and you are thinking of investing into any profitable franchise opportunity in Florida? I bet you have noticed that there are so many franchise opportunities in Florida that you can put your money in and become financially free for life.
Franchise For Sale, Low Cost Franchise Under 10k, Best Value Food and Restaurant Franchises
In this post, I will be sharing some profitable franchise opportunities in Florida that you can buy into and become a successful entrepreneur.
1. Office 1 Superstore
Office 1 Superstore is a one stop shop for all your office related needs. It is a franchise retail store chain offering all the materials required in an office from furniture and electronics to stationary. It headquarter is located at 701, South Olive Avenue, West Palm Beach, Florida. Office 1 Superstores operate in almost twenty-six countries with six hundred retail outlet stores.
Office 1 superstore started in the year 1994 under Mark Baccash who started the company with the objective of supplying office needs to organizations ranging from electronics to furniture.
Of course, before opting for this franchise opportunity, you must know the basic details about the investments which you will have to make and the liquid cash you will need to have for various purposes.
How Much Does It Cost to Open an Office 1 Superstores Franchise?
To open an Office 1 Superstore franchise, you will need an investment of $70,000+. The initial franchise fee and royalty fee is not available online. You will have to contact any Office 1 Superstore near you.
How to Join the Franchise?
To join the franchise, you need to provide a retail outlet of about 250m2 with a small warehouse where you will be stocking products ordered by customers. It will be easy for you if you are a dealer of office products.
Office 1 Superstore will help in converting your existing warehouse into an attractive self-service superstore. Once the first stage is achieved, Office 1 help you in building a national franchise framework of stationery stores.
You will be completely trained in each part of the business and will profit by Office 1’s unfathomable worldwide network, its contacts with multinational merchants, its China sourcing office for Office 1 branded products, and its incorporated web marketing support.
How Much Does a Franchisee Makes from Office 1?
The income a franchisee makes from Office 1 Superstores franchise varies from size, location etc. As a business owner, your goal is to manage your business so as to maximize profit at your end.
2. Budget Blinds
Budget Blinds is popularly known as the lead in window covering franchise business in Florida. It was founded by 5 entrepreneurs in 1992. If you are a person that love working from home, this franchise opportunity is specially for people like you.
It gives you the opportunity to become one of Budget Blinds window covering consultant providing customers with home design decoration and installation.
They have once been ranked as #1 franchise company in their industry by Entrepreneur Magazine. This tells you that you’re making the right decision if you really love indoor decoration and love working from home.
Minimum Cash Required to Join
It is practically cheaper to join Budget Blinds compare to other expensive franchise opportunities in Florida. All you just need is $39,950 and you are good to go. This fee covers 10 years of agreement and a renewal fee of $5000 after the 10 years.
You have a backup support multi-million dollar advertising program in place to assist you.
There is financial assistance for up to $35,000 available to qualified franchisees. There is also an extensive training available for 10 days.
Budget Blinds franchise opportunities are available throughout Canada and the United State.
3. Ben and Jerry’s Franchising, Inc.
If you would love to own a business that put smiles on people’s face, then you can grab this opportunity. The company is named after it founders, Ben Cohen and Jerry Greenfield. They started as ice-cream sellers selling to grocery stores and local restaurants out of Cohen’s VW campervan and today, their products are distributed nationwide and in foreign countries.
Initial Cash Requirement to Join
The amount of cash requires to join the Ben and Jerry’s franchise vary depending on where and what you have decided to open but it range between $100,000-$430,800. The franchise fee is between $17,000-$37,000 with an ongoing royalty fee of 3% and an advert fee of 4%.
The franchisor does provide training which consist of cake decoration, customer service, use of POS system, preparation of menu items etc.
How to Join
You are to first get a good location, you will have to decide on which of the Ben and Jerry scoop shop you want built for you as they are several scoop shops in different sizes and shapes ranging from in-line, kiosk, to full-sized.
Your build and design will depend on your choice and their in-house team help you all the way.
Franchising with 7-eleven will be one of the best decision you will ever make when you are thinking about franchising in Florida.
With 7 Eleven, you don’t need to worry with how you are going to succeed because they have great team who are ready to hold you by hand until you start seeing success from your store or multiple stores.
You must be a US citizen with excellent credit report with no criminal case record and never be filed for bankruptcy within the last 7 years.
How to Apply
To apply, you can do that from their website and within 15 minutes, you are done. If your application report looks good, you will be invited for a business talk.
After the first meeting, you will be invited to take a Business Leadership Inventory (BLI) class and a Business Acumen Evaluation (BAE) which will help you in developing your business skill.
If everything turns out well, congratulation! You will be asked to pay the initial franchise fee which ranges from $50,000 to $750,000 depending on the store selected. A down payment of $29,000 for inventory, business licenses, supplies etc. And the agreement is sign and become official.
You will have to go through the 7 Eleven 2 months and half training program before you can finally open your store and start business officially.
How Much Will You Make
This depends on how you satisfy your customers, implement the 7 eleven rules being given to you by their sales team and how you manage your expenses. This is your business and you are responsible in the success or failure of the business.
5. Anytime Fitness Inc.
If fitness is your thing and love being known as a fitness consultant helping people with fitness advice, here is your chance. This is the world leader in the fitness market delivery 24/7 affordable and convenient fitness equipment.
The company has operation in 30 countries with over 3000 franchise locations.
Cash Required to Join
The minimum cash required to become a franchisee is $80,000 at the time of writing this post.
Training and Financial Support
Anytime Fitness provide a 2-day training to her franchisees using a classroom system. Anytime Fitness do not financially support their franchisees directly. They use third parties for financing.
In conclusion, when looking to join any franchise company, it is important, particularly considering today’s market and risk. Any franchise opportunity in Florida is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and “ROI” (Return on Investment).