Franchise opportunities in Louisiana for investment abound but investors usually have unanswered questions on profitable opportunities especially franchises with proven track record of success.
Franchise For Sale, Low Cost Franchise Under 10k, Best Value Food and Restaurant Franchises
Below are some very profitable franchise opportunities in Louisiana which partly solves the gap in information for those interested in viable franchise investments in Louisiana.
1. Huddle House Inc.
With its Southern hospitality signature and “Any Meal, Any Time motto, Huddle House Inc is a delight to its client as it makes available meals at any time of the day, 24/7. For its franchisees, it provides a viable and lucrative platform where they can buy into this success story and brand name.
Huddle House restaurants cater for travelers and are located in strategic places like gas stations which include Texaco, Shell, Sitgo, BP, Exxon Mobil among others. Founded in 1964, Huddle House went into franchising 2 years later in 1966. It has as its CEO Michael Abt and Sentinel Capital Partners LLC as parent company.
The financial requirement needed to buy into this franchise includes an Initial Investment in the range of $404,180 to $1,485,310. A Net-worth requirement of $600,000, and a Liquid Cash requirement of $200,000.
Huddle House has an ongoing fee charge of an Initial Franchise fee of $25,000, an Ongoing Royalty fee charged at the rate of 4.75%, and an Ad Royalty fee charged at 2.5%.
Huddle House Inc. has third-party relationships with finance sources which cover financing in areas like start-up costs, equipment, inventory and payroll.
Number of Employees Required to Run
The number of employees required to run a Huddle House franchise is between 25 to 55 employees.
Franchisees enjoy an ongoing support covering areas like newsletter releases, purchasing co-ops, meetings, toll-free line, field operations, grand opening and internet support.
2. Caring Transitions
Caring transitions franchise is a franchise in Louisiana which serves the domestic care niche of franchising. Providing help to seniors and their families, it provides assistance in liquidating household items and also manages the sale of estates.
Caring Transitions provides its franchisees the ability to leverage the support of a popular and well established profitable brand.
Founded 2006, it went into franchising the same year it was founded. It has as its CEO Gary Green. A good chunk of its clients are seniors and their families. Caring transitions also provides services to nesters and individuals encountering major changes in their lives such as divorce, down-sizing and death.
To buy into the Caring Transitions franchise, an Initial Investment ranging from $58,112 to $85,812 is required. Also, a Liquid Cash requirement of $40,000 needs to be met.
Caring transitions has ongoing fees its franchisees must commit to. These are in the form of an Initial Franchise fee of $42,900, an Ongoing Royalty fee of 5%+ and an Ad Royalty fee charged at $350/mo.
There are options for financing which come from third-party sources offering financing that covers franchise fee, start-up costs and equipment.
The veteran incentives program waives off $2,000 off franchise fees.
Caring Transition allows for absentee ownership.
3. Commercial Capital Training Group
Commercial Capital offers an opportunity allowing would-be franchisees to adequately learn and join the world of commercial financing by making available loans to businesses. It gives its franchisees their own commercial finance business providing top-notch financing solutions to all business types.
Profiting from 1% to 15% on commissions, franchisees benefit from a world class business model that is recession-proof.
The start-up cost required for a Commercial Capital franchise is within the range of $25,500 to $65,000. This business can be run part time and also efficiently operated from home.
How Strong is the Profit Potential?
Being a trillion dollar industry, and also the need for capital as lifeline for businesses survival, the commercial finance market offers unlimited possibilities to the franchisee. The franchisees are able to make available for business from $5,000 to $500,000,000 or more directly funded by lending sources such as private investors.
Here, there are no much stringent rules associated with private capital when compared to banks. And to cap it all, franchisees are able to make as high as 1% to 15% on loans provided to businesses.
Investors in Commercial Capital are absolutely shielded from financial risks. This is because, whether the client who borrowed defaulted on the loan or not, the franchisees commission is his commission, or simply put, your commission is your commission.
Financing You Can Offer
Among the several financing options that can be provided are the following; Account receivables financing, equipment leasing, franchise financing, SBA loans, medical practice loans, working capital loans, merchant cash advances among several others.
Is Prior Experience Needed?
Absolutely not, there is no requirement for prior experience as the potential franchisee is put through hands-on training covering every area. All you need as a potential franchisee is the desire to be financially independent. The program has been designed to be easy to comprehend.
4. Inspect-It 1st Property Inspection
This franchise has as its area of expertise the inspection of properties and works with certified home inspectors. Through its home inspection services, it helps both sellers and buyers make informed decisions in property investment.
Founded by Richard Schneider in 1991, Inspect-It 1st began franchising in 1998. Its franchisees inspect foundation, doors, windows, attics, roofs, walls among many others. Also, Inspect-It first provides other services like commercial inspections, construction consultants, expert witness testimony, real estate arbitration and construction phase inspection.
An Initial Investment requirement within the range of $32,400 to $43,400 is needed to buy into an Inspect-It 1st property franchise.
Ongoing fees cover Initial Franchise fee of $24,900, Ongoing Royalty fee of $200 to $400/mo, and an Ad Royalty fee of $50/mo
This franchise offers in-house financing which covers aspects like star-up costs, inventory, accounts receivable and payroll. It also has relationships with third-party sources which cover financing for equipment.
Veteran Incentives Program
This program provides incentives for veterans in the form of a 10% waiver off franchising fee.
5. Dickey’s Barbeque Pit
Founded in 1941, Dickeys Barbecue Pit went into franchising in 1994 with Laura Dickey as its CEO. It has as its parent company Dickey’s Capital Group. It offers services such as dine-ins, catering, retail items, holiday meals, online ordering, outside delivery among others.
Dickey’s Barbecue Pit requires an Initial Investment commitment within the range of $280,819 to $481,819, a Net-worth requirement of $300,000 and a Liquid Cash requirement of $100,000.
There are ongoing fees which include an initial franchise fee of $15,000, an Ongoing Royalty fee of 5% and an Ad Royalty fee of 4%.
It has relationships with third-party financing sources which provide financing to cover franchise fee, start-up costs, inventory, accounts receivable and payroll.
Dickey’s Barbecue Pit provides a whopping waiver of 33% off franchise fee for veterans interested in this franchise opportunity in Louisiana.