Business

Which Franchise is Best and Cheapest?

Starting any business, doesn’t matter in what industry, is an expensive affair. And not everyone has the capital or the resources required to invest in their business and keep it running. Thanks to the available franchises, you don’t need millions to start a profitable business. 

With a franchise business, you buy an already proven business concept compared to starting your own business from the ground up. This aspect makes franchising cheaper than starting your business from the ground up more profitable.

So, here’s a list of the best and cheapest franchise businesses in the U.S.

Jack in the Box

If you want to start a business in the food industry, you should consider Jack in the Box, a hamburger franchise. Having been established in 1951, this hamburger franchise sets itself apart by having one of the most efficient drive-throughs in the industry. That’s not all; their constant integration with technology has made their deliveries efficient, thanks to their mobile app.

Their mobile app ensures that customers get to pick up their burger orders without waiting. They can also get their deliveries done right to their doorsteps, thanks to the company’s partnership with third-party deliveries. 

The franchise fee is  $ 50,000. There are, however, other additional costs you have to pay for you to be a part of the Jack in the Box business. 

Fit4Mom

The fitness world is another lucrative industry to venture into, and one franchise business that has proved to be quite successful is Fit4Mom. This franchise business was established based on the popular StrollerStrides fitness program. This program is for mothers with young children. 

Besides offering mothers with young kids the chance to work out, Fit4Mom also offers nationwide franchising opportunities with attractive scheduling options and low startup costs. This franchise business also allows their fitness instructors to conduct their own Fit4Baby Classes, Stroller Barre Classes, and Body Back Classes, among others. 

The franchise fee is $23 500. You, however, have to cater for other expenses as you get the business up and running. 

Cruise Planners

If you love planning for vacations and want to help other people do that, you should consider cruise planners as your franchise business option. The Cruise Planners franchise is the perfect fit for people who have a passion for traveling the world and the desire to work from home.

The company was established in 1994 by Michelle Fee, a veteran travel agent. It was not until 1999 that Cruise Planners became a franchise business. The startup cost for this franchise business is $10,995, which is well worth the price, especially if you love traveling. 

By becoming a part of the Cruise Planners franchise, you get six-day in-person training, $ 1 million in insurance, and ongoing home support.  

Jazzexercise

We cannot talk about the franchise business without mentioning Jazzexercise. Despite being founded in 1969, it’s important to note that this franchise business is no longer all about 80’s music and leg warmers. While it may have started as a jazz exercise business, the modern world has quickly caught up.

If you want to open a Jazzexercise franchise, the franchise fee you have to pay is $1,250, which is by far the cheapest. Apart from the franchise fee, you also need to have an ideal location and polished-up dance moves you can use for everyday exercise routines.

Dream Vacations

Another travel franchise worth mentioning is Dream Vacations. This franchise business is not only low-cost, but you also get the freedom to run it out of the comfort of your home. You also don’t get to run a Dream Vacations franchise business without undergoing their training.

Another bonus is that franchise owners get heavily discounted vacations and trips. These vacations allow you to learn on the job and understand what you are selling. The franchise fee for Dream Vacations is a minimum of $495 and a maximum of $9,800.

Soccer Shots

If you love kids, the great outdoors, and fitness and are trying to find the right franchise business to invest in; Soccer Shots might just be the franchise your need. This business was founded by two professional soccer players in 2005, and they currently have more than 350,000 children in their program today.

The franchise fee you have to pay is $34,500, but if you require financing, Soccer Shots does offer in-house financing to help you clear the franchise fee.

The list above is an example of franchise businesses that don’t require too much capital to start. However, before you go all in, make sure you research the additional expenses you have to pay to begin that franchise.

Kyle Baxter

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