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.
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
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
'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
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
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
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
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
This company customizes travel services for every budget.
Startup Investment Cost: $25 - $10,425
Cash Requirement: N/A
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
Check out 10 low-cost franchises that have thrived through the aftermath of the recession and proved to be stable and are positioned for strong growth as the economy recovers.