Do you have 100k and you want to start your own business with it but are not sure which business to start with your money? The answer to your question of where to invest 100k in 2020 is buying a franchise. Buying a franchise is the easiest way to start a business without running the risk of failure or advertisement. You can ride piggyback on the big brand name of the franchisor and run a successful business without putting in much effort. This unique property of a franchise makes it one among the top businesses to start in 2020.
Every person looking to start his own business is always on the lookout for the best franchises that will let them set up their business with without any hassle by the support provided by the franchisor. This support and the big brand name of the franchisors are what attract investors towards the top franchises. However, most of the times, the money required to buy a franchise is very high and cannot be afforded by everyone. This is why we are here with a list of best franchises to own under 100k. These low cost franchises require very less investments and have very promising profitability and growth rates.
If you want to make money and you want to do it with the franchise sector, we have prepared the best franchises under 100k. In this article, we will talk about your own interests and the principles that you need to pay attention to while determining the successful sectors that have the opportunity to take into consideration the supply-demand balance of the market.
When evaluating the best franchises under 100k, it is best to choose brands that have a reliable and known image. Read the comments on social media about the brand you intend to buy. See if people are making a positive or negative comment. And most importantly, note how the brand communicates with users on social media.
All these qualities are what make any brand different and popular among the public. When you want to gain on the big brand name of the already established business and use it for your own benefit in order to boost the growth of your business place, then doing all this research gives you an idea if that franchisor has the capability to give you the kind of support you need in order to meet your business goals.
Best Franchises Under 100k
If you want to know what are the franchises with low startup costs, then you are at the right place. Through this article, we have compiled the list of best franchises under 100k so that you get all the information about the low cost franchises that you need to make an informed decision. Here’s our list of the best franchises under 100k that you should buy in 2020.
PuffCity tops the list of best franchises to own with its high brand visibility and wide customer base. PuffCity offers great opportunities for entrepreneurs who want to start their own business. You will be able to sell many products such as tobacco, vape, cigar, electronic cigarette within the PuffCity franchise. With the growing volume of business with each passing day, you can be patient with your own business through the company that offers professional training and service programs to franchises.
The first thing that comes to mind when choosing a hotel may not be culture. But Hampton Hotels, which are renowned for their hospitality culture, are priceless. That is why it is the fourth time in the best dealer rankings in five years. In addition to providing a friendly service, there are also amenities such as more basic rooms, a clean bed guarantee, and an unquestionable refund policy.
The fact that Anytime Fitness is down from first to second this year does not mean that this club chain has lost its appeal. In fact, 2014 was the most garish year. It reached 2 million members in January before opening about 350 new sports halls.
With the expansion, the company first opened nearly 3,000 gyms in 50 states and 20 countries, including Singapore, Malaysia, Hong Kong, and the Philippines. The explosion will continue this year: they plan to open 350 more dealerships, which will turn the $ 900 million fitness dealership into a billion-dollar club.
Subway has a tape showing the number of dealers they have opened on their website. Currently, this figure is 42,920 restaurants in 107 countries. Moreover, the company says it can open 8,000 more restaurants in the United States. Subway also plans to grow into international markets and non-traditional areas. The company has more than 1,900 dealers in Walmart stores and focused on hospitals in 2014.
Jack in the Box
While other fast-serving brands are fighting who has put more meat in the burger or what kind of walnuts are in the salad, Jack in the Box is always interested in offering something different from tacos to Chinese pastry. In 2014, it continued to innovate with new breakfast burritos (Mexican food consisting of meats and beans wrapped in Mexican pancakes called tortillas) and croissant donuts.
Supercuts, a Minneapolis-based value-focused hair salon, has close to 2,500 dealers worldwide. Specially developed hair cutting techniques play a major role in their success. Supercuts offers its customers qualified and economical shaving in 15 minutes.
If you analyze the supply-demand balance well, you have a high chance of success. Try to find out what people are demanding and the reasons behind this demand. In this way, you can choose the best franchises under 100k. After carefully analyzing all the above franchises for these qualities, we can undoubtedly say that PuffCity is the best franchise to buy in 2020. Now that you know what are the top franchises to own for just 100k, you can make an informed choice when it comes to investing your money. Invest into a PuffCity franchise today to get your own business place and make your money work for you. Contact us today to buy a PuffCity franchise.