What is the Cheapest Franchise
Those aiming to start their own business place are bound to be attracted towards the perks and benefits of buying a franchise. Apart from giving the set up support and promotion, a franchise also gives a lot of benefits in the monetary and brand name. Franchise can be a kind of start-up which can be purchased with an investment fees. But many people cannot afford to buy a franchise because of the high costs and miss out on the opportunity to become their own boss. Here we have prepared a list of what is the cheapest franchise which are easily affordable so that you don’t miss out on the chance to throw your hat in the entrepreneurial ring.
The all in one smoke shop, PuffCity has created a very big name among smoking and vaping enthusiasts all across U.S. With a wide range of smoking and vaping products and accessories, PuffCity has gained a considerably high base of loyal customers. A PuffCity franchise can be bought for an initial franchise fee of as low as $15,000 which is quite affordable considering the huge brand name and visibility. Investing in a PuffCity franchise is your best pitch for jumping into the entrepreneurial world.
HR Block is a huge name in the tax preparation sector and has witnessed consistent growth rates in all of its operations worldwide. This franchise option is unique in its 30% higher royalty fee, but it doesn’t require any up-front franchise fee and you can start investing from a modest total investment of $35,000. Some in-house financing is also available for equipment, inventory and payroll.
Marked as the numero uno overall franchise in 2010 by the website entrepreneur.com, this popular fast food chain has spread into multiple locations across the U.S. This is very popular among small towns that do not have many other fast food franchises to compete against, Subway has adopted an aggressive marketing model and a cheap budget-friendly menu. You can start with an initial costs which can be as low as $84,000.
A very popular name in the fitness industry, Jazzercise makes getting fit fun. It has been around for 50 years ever since it was founded in 1969 and boasts of over 5,000 trained instructors all across its outlets. Unlike other conventional fitness-related brands, Jazzercise offers its franchisees with the comfortability of running their own business from home. Requiring a $0 net worth and liquidity making it a viable option for newcomers in the ring of small business. With a low franchise fee of only $500 to $1,000 and total investment of about $3000, this company offers a low risk opportunity for amateur investors.
This is our list which seeks to answer your curiosity of what is the cheapest franchise. Franchises like PuffCity and Subway are in the field of selling their products to customers instead of their services and thus can make a lot of profit for you as the business will not end all at once. So overall, PuffCity can be said to be the answer when you think of what is the cheapest franchise.