Can You Thrive and Survive?
The recent economic turmoil left the franchise industry in a frenzy and forced many franchisees to close. With that said, many franchisors found ways to reduce overall start-up costs and become a staple in the industry. While investing in a franchise is never risk free, here are 10 low-cost franchises under $100,000, according to the Franchise Business Review.
Heaven's Best
This carpet and upholstery cleaning company promises to leave patrons’ carpets clean, renewed and dry in an hour.
Startup Investment Cost: $28,900-$64,000
Cash Requirement: $15,000 (Reuters)
Home Instead Senior Care
This franchise is devoted to providing the best in-home care for the aging population.
Startup Investment Cost: $41,130-$60,550
Cash Requirement: $35,500
Weed Man
'We care for your lawn' has been this company's motto for almost 40 years as it is dedicated to leaving customers’ lawn looking crisp and green.
Startup Investment Cost: $65,000 - $86,000
Cash Requirement: $85,000 - $130,000
AdvantaClean
This franchise helps make homes more safe to live in by eliminating any mold or other air system problems.
Startup Investment Cost: $73,600 - $104,300
Cash Requirement: $75,000 (Reuters)
Synergy
Synergy provides quality care to anyone in need of home care services.
Startup Investment Cost: $49,240 - $99,540
Cash Requirement: $50,000
Aire-Master of America
There’s nothing ‘stinky’ about this franchise: Aire-Master provides a unique system of odor control and restroom fixture cleaning products.
Startup Investment Cost: $33,000
Cash Requirement: $60,000 (Reuters)
Proforma
This franchise has been a leading supplier of promotional products and printing services serving more than 50,000 clients through more than 750 member offices throughout North America.
Startup Investment Cost: $29,500
Cash Requirement: $29,500 - $48,095
Showhomes
Any realtor will tell you the key to getting a home sold is good staging. This franchise stages vacant homes to help get them sold faster and for more money.
Startup Investment Cost: $43,400
Cash Requirement: $10,000
Travel Leaders
This company customizes travel services for every budget.
Startup Investment Cost: $25 - $10,425
Cash Requirement: N/A (Reuters)
HouseMaster
Collectively, this franchise has performed almost two million inspections for home buyers and sellers.
Startup Investment Cost: $54,500 - $81,200
Cash Requirement: $40,000 (Reuters)