This article centres on low cost franchise opportunities available to investors who would love own part of a strong business and brand but are limited by capital. The low cost franchise opportunities listed here are those which will be requiring just a little capital but invest, but are at the same time very profitable and rewarding to the discerning investor or franchise candidate who would take the bull by the horn and buy into them.
The low cost franchise opportunities listed here come with other details as the financial requirements, eligibility and how to join. Here are some of the low cost franchise opportunities available in the franchise industry today.
1. Vanguard Cleaning Systems
Vanguard cleaning systems provides commercial cleaning and building maintenance services to a wide array of clients that include educational facilities, healthcare institutions, among several others. It is among the low cost cleaning franchise opportunities.
Founded in 1984, it went into franchising the very same year it was founded. It has as its CEO Raymond Lee and its corporate address at San Mateo California.
On signing the Vanguard Cleaning Systems Franchise Agreement document, depending on the plan selected, franchisees are awarded commercial cleaning assignments by the franchisor.
Vanguard Cleaning Systems Franchise Financial Requirements
Owning a Vanguard Cleaning Systems franchise is regulated by financial conditions to be met by the franchisee. These include an Initial Investment of $10,930 to $39,400, a net-worth requirement of $50,000 to $250,000 and a Liquid Cash requirement of $7,000 to $45,000.
Vanguard Cleaning System Ongoing Fees
The ongoing fee charged by Vanguard Cleaning Systems includes an Initial Franchise fee of $9,630 to $35,700 and an Ongoing Royalty fee of 10%.
Vanguard Cleaning Franchise Training and Support
Training is spread over a 15 day period but is concluded within a month. This involves instructions on basic operations and also the ability to maintain the high standards and the good name/reputation the franchise is known for.
There are theory and practical sessions to the training. The theory sections are conducted in its offices spread across the regions while its practical sessions are conducted at selected commercial sites.
Financing Options for Vanguard Cleaning Franchise
At Vanguard Cleaning Systems, there is an in-house financing arrangement that offers financing that cover equipment and franchise fee.
Vanguard Cleaning System Veteran Incentives Program
Vanguard Cleaning Systems veteran incentive program offers a waiver of 10% off the franchise fee, enabling veterans who have served their country to also benefit from discounted charges, hence reducing the financial burden on them.
How to Join Vanguard Cleaning System Franchise?
To Join Vanguard Cleaning Systems, an online form made available for franchise candidates at its website will have to be carefully filled and submitted. The contents of this form are checked for eligibility and if found to be eligible, a representative will establish contact using the contact information supplied.
Meetings are organized for further in-depth discussions and eventually, after signing the franchise agreement form, training commences.
2. Liberty Tax Service
Providing services in tax preparation and electronic filling, Liberty Tax Service was founded in 1972 and started franchising in 1973. It has its corporate office at Virginia Beach Virginia with John Hewitt as its CEO.
Liberty Tax Service has its operations spread across the United States and Canada. With its client base centred mainly on low to middle income band, it serves these clients base through the preparation of retail income tax return documents.
Financial Requirements for Liberty Tax Service
To own a Liberty Tax Service franchise, the following financial requirements are necessary; an Initial Investment of $58,700 to $71,900, a Net-worth requirement of $50,000 and a Liquid Cash requirement in like sum ($50,000).
Liberty Tax Service Franchise Ongoing Fees
Liberty Tax Service franchise has ongoing fees that are charged, these are in the form of an Initial Franchise fee of $40,000, an Ongoing Royalty fee of 14% and an Ad Royalty fee of 5%.
Liberty Tax Service Franchise Training and Assistance
Liberty Tax Service offers a variety of training to its new franchisees. These trainings are centred on how to operate an income tax preparation business. The other trainings include a hands-on training at other franchisee locations, so that the new franchisee is able to see and participate in direct tax service activities to broaden his knowledge on its basic operations.
Also, there are advanced trainings for its franchisees with the aim of updating knowledge of current trends.
Liberty Tax Service Franchise Financing Options
The financing options available at Liberty Tax Service includes an in-house financing arrangement that provides financing covering start-up cost, equipment, inventory, payroll, accounts receivable, and franchise fee.
Also, it has relationships with third-party sources that offer financing that cover areas like payroll, accounts receivable, inventory, equipment, start-up costs, and franchise fee.
How to Join Liberty Tax Service Franchise?
To own a Liberty Tax Service franchise, you have to signify your interest by filling an online application form for franchise candidates. If qualified, a Liberty Tax Service representative contacts you and makes the necessary arrangements needed for your ownership of this franchise.
3. CleanNet USA Inc.
Founded 1988, CleanNet USA Inc operates in the commercial cleaning sector, offering highly professional cleaning services to commercial, retail and industry facilities such as health institutions, financial institutions among others.
Being among the low cost franchise opportunities, its main aim is customer satisfaction while also delivering industry best services to its clients. It was founded by Mark Salek and it went into franchising the same year it was founded. Its corporate office is found at McLean Virginia.
CleanNet USA Inc Financial Requirements
The financial requirements for owning a CleanNet USA Inc. cleaning franchise involves an Initial Investment to the tune of $17,977 to $46,525, a net-worth requirement of $10,000 to $300,000 and a Liquid Cash requirement of $5,000 to $100,000.
CleanNet USA Inc Ongoing Fees
The ongoing fees charged for this franchise includes an Initial Franchise fee of $9,400 to $30,000, an Ongoing Royalty fee of 10% and an Ad Royalty fee of 1%
CleanNet USA Inc Franchise Support
CleanNet USA Inc. provides support to its franchisees in the form of a toll-free phone line, grand opening, security and safety procedures, purchasing cooperatives among other services.
Financing Options CleanNet USA Inc Franchise
It offers in-house financing covering equipments and franchise fee. Also, CleanNet USA has relationships with third-party finance sources that offer financing that cover inventory, accounts receivable, start-up costs and payroll.
How to Join CleanNet USA Inc Franchise?
To Join CleanNet USA Inc. simply visit their online address and fill in the online application form made available for franchise candidates then submit. If you qualify, you will be contacted by a CleanNet USA representative who will begin the procedure for your eventual ownership of this franchise.
4. Jazzercise Inc.
Jazzercise Inc. was founded by Judi Sheppard Misset in 1969 and started franchising in 1982. Its areas of operations are mainly in the fitness (group fitness precisely), and the sale and distributions of apparel and accessories.
Jazzercise Inc Franchise Financial Requirements
Jazzercise Inc. has financial requirements in the form of an Initial Investment of $3,530 to $12,900. Ongoing fee charged by this franchise includes an Initial franchise fee of $1,250 and an Ongoing Royalty fee of 20%.
Jazzercise Inc Franchise Training and Support
Jazzercise Inc. provides on-site training to franchisees lasting a period of 5 days. Also, there are additional training in the form of seminars. In the area of support, it provides support in the form of meetings, field operations, newsletter and the internet.
Jazzercise Inc Franchise Offering
Jazzercise Inc franchisees will be the instructors for their dance fitness classes. There are several options however, depending on the type signed on the franchise agreement, some of these instructors are the franchise owners themselves while other instructors are just hired instructors conducting the fitness dance sessions.
How to Join Jazzercise Inc Franchise?
To join Jazzercise, simply fill in an online application form for interested franchise candidates. The whole procedure is taken from there as there would be a Jazzercise representative that will establish contact if the application is deemed qualified.
From there, other details are discussed eventually leading to the payments and signing of the franchise document and training.
5. Pillar to Post Home Inspectors
This is a low cost franchise opportunity that was founded in 1994 with its CEO as Dan Steward. Its services are mainly centred on home inspections and started franchising the same year it was founded. Its services are spread across the United States and Canada.
Pillar to Post Home Inspectors Franchise Financial Requirements
The financial requirements for ownership of a Pillar to Post Home Inspectors franchise include an Initial Investment of $33,900 to $42,300, a Liquid Cash requirement of $10,000.
Pillar to Post Home Inspectors Franchise Ongoing Fee
The ongoing fee charged by Pillar to Post Home Inspectors include an Initial Franchise fee of $18,900, an Ongoing Royalty fee of 7% and an Ad Royalty fee of 4%.
Financing Options for Pillar to Post Home Inspectors Franchise
There are financing options available by Pillar to Post Home Inspectors. This includes an in-house financing that covers the franchise fee. Also, Pillar to Post Home Inspectors has relationships with third-party sources that offer financing covering areas like start-up cost and equipments.
How to join Pillar to Post Home Inspectors Franchise?
To own a part of this low cost franchise opportunity, simply fill in an online application form made available for franchise candidates and submit. If qualified, a Pillar to Post Home Inspectors representative will contact you for further discussions and registrations.
Cheap Franchises For Sale Under 10k
TOP FRANCHISE OPPORTUNITIES ACCORDING TO INVESTMENT
Franchises Under $10,000
Less than $15,000
$15,000 to $50,000
$50,000 to $75,000
$75,000 to $150,000
$150,000 to $300,000
More than $300,000
BEST FRANCHISE OPPORTUNITIES ACROSS INDUSTRIES
Accounting & Financial
Advertising & Marketing
Computer & Internet
Consultant & Business Broker
Employment & Staffing
Nestle Toll House Cafe, Dave and Busters
Health & Beauty
Healthcare & Senior Care
Home Services Franchises
Mailing & Shipping
Moving & Storage
Printer, Copying & Sign
Real Estate Franchises
Big Lots, Dollar Tree
Hotel &Travel Franchises
Above are some of the very lucrative low cost franchise opportunities available for investing. These franchises although not costly to join promise to be financially rewarding to those who will take the initiative.