Are there franchise opportunities under $50k? Absolutely! There are lots of such options you might want to know about.
When looking for a franchise opportunity, one of the primary considerations is how much investment you can afford. In other words, you’re considering your financial preparedness for such an opportunity.
While this is necessary, you must also identify those opportunities within your investment range.
We’ve made things easier by identifying some of the best franchises under 50k. This is assuming that $50k is what you can afford. If you’re reading this, chances are that this is your reality.
Franchises Opportunities Under 50k
To choose the right franchise offering under $50k, you need to consider what you’re most comfortable with. What line of business are you most interested in?
Regarding franchising, you have tons of niche categories to choose from. Examples include insurance and children’s enrichment programs.
More categories include children’s fitness programs, insurance, commercial cleaning, sports equipment & apparel, home inspections, and property management.
You may also like dog training, business training programs, tax services, organization/storage systems, yard sign rentals, etc.
With this reality, you’ll need to identify the niche(s) most interest you.
This way, you’ll likely find a more suitable franchise opportunity much faster. Of course, such would need to be within your set investment target (not more than $50k).
Best Franchises Under $50k to Buy
This is where we focus on identifying franchises you can own for $50k or less.
Excellent examples include Destination Athlete, Soccer Shots, STEM for Kids, Challenge Island, Snapology, Goosehead Insurance, Realty One Group, Code Ninjas, National Property Inspections, and Sculpture Hospitality.
More under $50k franchises include We Insure, DPF Alternatives, Parker-Anderson Enrichment, The Patch Boys, Hommati, and Payroll Vault.
Other options include Frios Gourmet Pops, Abrakadoodle, Just Between Friends, Little Medical School, Sunbelt Business Brokers, FRS Team, etc.
i. Destination Athlete
Are you looking for a low-cost, home-based, part or full-time, scalable, and flexible sports franchise to buy?
Destination Athlete meets all of these expectations and more. It’s a one-stop resource for all things sports. It offers national brand support as well as has a detailed training program.
ii. Soccer Shots
The estimated startup costs required for buying a Soccer Shots franchise are around $43,000 to $55,300.
This franchisor offers different support types, including business consulting & leadership development, marketing, operations, community & partnerships.
iii. STEM for Kids
To own this educational franchise, specific characteristics are required.
You must be self-directed and motivated, driven to make the change you seek, have a strong desire to learn and grow, be active in your community and be hungry to make a positive impact on young minds.
iv. Challenge Island
Challenge Island allows you to own your business, offers stellar support with cutting-edge technology, and helps you make an impact.
What more? This franchise opportunity helps you maintain a work-life balance, offers professional fulfillment and provides an established franchise model.
This children’s enrichment franchise allows you to join its creative program. It provides you with two options for ownership: its home/community-based opportunity and its discovery center.
This franchisor seeks driven and motivated candidates and persons able to delegate tasks, etc.
vi. Goosehead Insurance
You can access its complete support services and tools by partnering with this insurance franchise.
Goosehead Insurance promises investors true financial freedom and prosperity. As its franchisee, you only get to focus on sales. Teamwork, support, and efficiency are some of the perks you enjoy.
vii. Realty One Group
With this real estate franchise, you can grow your business due to its robust support. Realty One Group’s agent recruiting program helps franchisees become more profitable. It is an excellent, under $50k franchise opportunity you should consider exploring.
viii. Code Ninjas
Are you a tech enthusiast? Code Ninjas is an excellent franchise you might want to join.
This is an educational franchise that teaches kids to code. Its custom-built curriculum, unmatched support, low ownership cost, and high demand make Code Ninjas a significant investment to join.
Hommati is a drone franchise that serves the real estate industry.
As its franchisee, you get to provide services like augmented reality services, door hanger services, 3D interactive tours, virtual staging, virtual reality tours, and a whole lot of others.
x. Payroll Vault
Payroll Vault is a boutique-style full-service payroll company specializing in designing payroll services. With startup costs of $40k, you’re open for business within 90 days.
If you find this franchise interesting, you can seek further information by filling out the online form on its franchise page.
Abrakadoodle is an art franchise that requires an estimated investment of $37,842 to $80,492.
Using the franchisor’s training modules, Abrakadoodle franchisees can hire, train, and supervise teachers to help them develop creativity and skills for onward teaching to franchisees.
xii. Just Between Friends
This children’s pop-up resale franchise is one you can join for a low startup cost.
Just Between Friends has an award-winning business model plus offers a flexible work structure and a chance to give back to your community. You’ll need a franchise fee of $17,900 and a technology fee of $1,500.
xiii. Little Medical School
This company is known for its development of hands-on interactive programs for kids. Is it something you’d love to do?
You can join its franchise offering program with a franchise fee of $24,500 and an equipment/curriculum package of $13,100. This franchisor offers territories, training, and support to help you succeed.
xiv. Sunbelt Business Brokers
Among many reasons for joining Sunbelt Business Brokers are the company’s comprehensive new owner training, franchise profit potential, and market and internet presence.
This is an under $50k franchise whose estimated initial investment is around $43,450 to $104,000.
xv. FRS Team
FRS Team is an electronics and fabrics restoration franchise with integrity, service, and quality core values. It’s also an under $50k franchise opportunity to explore.
You can enjoy a 15% discount on its franchise purchase as a veteran. There’s also robust support and training to help you get started.
Now you know great under $50k franchises you can buy. These are assorted in terms of what they do or are about. Picking your favorite franchise is your decision to make.
You’ll need to investigate each option to find out what’s being offered.