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Finally an affordable business opportunity that anyone can do in conjunction with their regular job. As a future franchisee, research and ensure your chosen franchise is sustainable. Evaluating those mentioned on our list can help you decide whether franchise ownership is the right path for you and increase your chances of success as a franchisee. The company was founded in 1999 and they have been franchising since 2009, about 10 years ago. Instructors also provide classes for after-school programs, birthday parties and sports camps. Fetch! Business Description. Their services include grooming, bathing, and brushing, as well as upsells such as ear cleaning, nail clipping, and deshedding. Blue World Voyages offers luxury cruise vacations for families and couples in the Caribbean, Mediterranean, and other international destinations. It was time for a change. Fitness centers can run very well by hiring part-time staff to man the doors and clean the equipment from time to time. It is also important to evaluate your objectives, including your desire for flexibility, work-life balance, and overall quality of life. Meanwhile, if you want to invest in a home maintenance business, The Grounds Guys are your best bet. So, if youre looking for an opportunity that doesnt cost a fortune, here are the top 10 franchises under 50K that you can consider. Finally, you can expect to pay $50,000 to $100,000 to own a franchise. Fill out the form below. Nassau County 7-Eleven Franchise for Sale $145,000 Revenue: $2,100,000 Cash Flow: $100,000 Property Available Price Reduction Financing Available Property Included This long standing 7-Eleven Franchise is located on a busy thoroughfare in an excellent Nassau County site. Franchisees providing home inspection services through BrickKicker can expect to make a total investment of $14,150 $32,950. You can get exclusive territories for athletic training programs at community-based organizations, including schools, parks, and recreational associations. Plains States. Plus, you get access to crucial industry know-how through their 1-on-1 coaching calls. But what if you could do both? That said, the home-based service company provides coaching and client training to potential owners. They offer in-house financing to cover only franchise fee. 4568 . DVDNow Rental Kiosks Program includes all equipment, training, professional installation, along with continuous sales and marketing support essential for achieving maximum results. Instead, they earn revenue from markups on printing and products. If you want to start small and grow slowly, they will help you do that. This support may include training, marketing, ongoing support, and access to resources such as suppliers and marketing materials. Absentee Owner made $87,000 at this Cincinnati Dessert Franchise for Sale in the Cincinnati Market! Jazzercise is one of the top franchises for entrepreneurs who want to build a profitable business that helps people maintain a healthy lifestyle. This particular business is one of the leading language tutoring franchises in the country, helping to get high school students into better colleges and qualify for higher amounts of financial aid and scholarships. The only drawback is that there are very few franchise opportunities that operate as semi-absentee or absentee. It can also be helpful to speak with existing franchisees in your area. Of course, like with all of these businesses, the billboard business is not completely automated. Bonus Building Care is a commercial cleaning franchise with locations nationwide, from California to Florida, but concentrated mainly in the Midwest. Your Search Alert has been added to your Saved Searches. 919k 2032 sales verifiable through the POS system and delivery apps. This involves gathering information about the industry and market trends, customer preferences and behavior, and the competitive landscape. They also have an intense training program for their franchise owners so they can grow. You require a storage place and a qualified warehouse operator to run a warehouse. For example, some franchises may require a high level of customer service, while others may require a strong sales background or technical skills. 12 Cheapest Franchise Opportunities To Open And Own In 2022, The Top 8 Most Expensive Franchises to Buy. Meanwhile, Best Choice Roofing is one of the best absentee owner franchises for home improvement. Different franchises have different requirements and business models that may suit certain personality types and strengths better than others. They teach pre-school, elementary & middle school learners, and they are seeking franchisees who love working with children and sowing the seeds that will keep them exploring their surroundings, the world and the universe the rest of their life. Required fields are marked *. Additionally, consider consulting with a financial advisor or accountant to assess the investments economic feasibility and identify any potential risks or challenges. with exposure on main thorough-fair. GoLocal is an innovative marketing firm that helps small and midsize businesses reach their marketing capabilities through an effective text message marketing campaign. That 1 Painter harnesses the power of the parent brand, ResiBrands . Upselling involves offering additional products or services to customers in addition to their initial purchase, which can increase the overall value of each customer transaction. Absentee Businesses For Sale In New York - VestedBB.com. Note: If youre a veteran, you can get $2,000 to $4,000 of their franchise fee. Owner stops in once a week on Friday nights and profits $170,000! Manasquan, NJ 08736 and under the leadership of Peter Cancro, who is the founder and current CEO. Their startup cost ranges from $44.2K $54.4K. Franchising is not a business, but rather a way of doing business which is why interested investors who don't have the time to manage a business can become absentee franchise owners. They have their corporate head office at 850 Cassatt Rd., Bldg. This company works internationally to provide business coaching services to help companies grow and thrive, no matter their industry. After that, he started BrickKicker in 1992 to provide opportunities to make money in the real estate market. 3. Also, the goal is to continue to invest the profits from one franchise to buy another one. And find a professional who can help you navigate the franchise ownership world. Using Lego bricks and other building toys, they emphasize STEM principles, teamwork & socialization. There is no room to diversify when you are in an owner/operator role because all of your time and focus is on managing and growing the business. You have to know how to delegate and relinquish control to your hire workers. Comparatively, franchised companies experience just 3 to 11 percent annual turnover. Cash Flow: $224,358. First Florida Insurance offers excellent insurance franchise opportunities. Absentee run Philly pizzeria! Investors have the big picture of the business. Dream Vacations gives you the freedom to run your own home-based travel business. In fact, its one of the most awarded and best absentee owner franchises in education. In addition, the franchisee benefits from the support network of the franchisor. From coloring to shading and line drawing, their lesson plans are carefully designed with students cognitive development in mind. That means you can build wealth outside of the franchise while contributing to your overall asset accumulation. Fetch! Mr. Sandless/Dr. Price (USD) Invalid range. Northwest GA, Georgia, US Quick Sale Asking Price: $300,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: $646,000 Cash Flow: $58,000 Sales stability primed for growth! How Much Does It Cost to Open a Hampton Inn Franchise? Absentee Owner! You will find the most success by researching the franchise's financial strength and then verifying that there is a need or a gap in the market where you want to open up. Its one of the best absentee owner franchises that dont have any royalties or other ongoing fees. So, carefully weigh your options before diving into the franchise industry. This document provides information about the franchisor and the franchise opportunity, including the franchisors financial history, litigation history, and franchisee obligations. just $300k down to own this business! Market research can provide valuable insights into the potential demand for the franchises products or services and help franchisees identify opportunities for growth and expansion. So although you are steering the ship as an investor, your principal responsibility is to hire professionals who will take care of things correctly without the need for hand-holding and supervision. The seller made . Minimum value must be less than maximum. Utilizing her teaching skills, Wendy was able to create structured lesson plans helping children to learn basic sewing techniques. CEO of Frannexus, award-winning franchise consultant and author of"Profits are Better Than Wages". You put in place a management team and employees to run the day-to-day operations instead. Surprisingly, starting a business as a franchisee may cost less than you think. DUCTZ franchisees and their employees go through detailed training and certification programs, following standards set by the National Air Duct Cleaners Association (NADCA). Several people feel they need at least $100K to enter the franchising industry. Are you looking for an affordable franchise opportunity that can provide you with flexible work hours, high earning potential, and the chance to make a real impact on your community? Together they founded the American Poolplayers Association, Inc. (APA) in 1981 to act as the sanctioning body of the League. How Much Does It Cost to Open Natural Awakenings Franchise? Looking to see if anyone has any absentee owner businesses for sale in the greater nashville area. No matter where you are, healthy vending machines are always a treat. This will allow you to treat the business as an investment and not as a lifestyle change. Unishippers was founded in 1987 and began franchising that same year. With a semi-absentee franchise like that, the goal becomes to open more than just one and build to several so that they generate enough wealth so you wont have to work at all at a certain point. You can gain a lot by learning from the trial and errors of others. Peet's is a popular coffee brand known worldwide and now is the opportunity to own a leading coffee licensed store. Purchasing a franchise is a significant investment that requires careful consideration and planning. The company offers franchising for as low as $49K. DecknFence has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. AEV Unlimited Inc. is one of the leading real-estate photography and marketing collateral companies in the United States of America. Turnkey business - Immediate Profit! How Much Does A Popeyes Franchise REALLY Cost? Daves the Doghouse LLC was founded in 2002 and they have been franchising since 2014, about 5 years ago. An example of a semi-absentee franchise is a 24-hour fitness center. Tint World has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll et al. Buying a franchise can be a smart way to become an entrepreneur without having to start a business from scratch. 22 W. Union, NJ 07083 and the Parent Company is Mobile Oil Butler International Corp. Oil Butler Intl. DonutNV is a mobile franchise that operates solely from food trailers, selling mini donuts and beverages. That being said, here are some of the best absentee owner franchises to choose from. Ongoing Royalty Fee $400 $2K / month. Annual sales of around $700,000 generate earnings of close to $200,000. Computer Troubleshooters is seeking new franchise units from interested investors worldwide. If you decide you want to start a franchise with Young Rembrandts, you will receive one-on-one support from their team of art educators and business experts. It includes the business model, training, branding, and marketing. The company offers both master and unit franchise opportunities. If you are looking to start an absentee owner business idea to begin your path to entrepreneurship, you are in the right place. Peter Cancro started working in the submarine sandwich business when he was 14 years old. The company has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, and payroll. Finally, its crucial to know what kind of franchisee support the company offers its partners. According to their website, their franchise fee of $6,000 is the lowest in the industry, and their franchisees would each receive support, training and instant friendships with other franchisees. The company also offers a range of express services, including same day, overnight, and next day shipping; and freight services for heavyweight shipments through its partnerships with national and regional freight carriers in the United States. The Company has identified a number of sites in the area which they believe match the demographic profile needed for success in their business model. All Fetch! In fact, The Grounds Guys have been a popular landscape franchise in Canada for over 20 years. With Liberty you own your own Dollar Store. Photo studios and photo booth services are relatively cheap franchises. Whether youre just starting or have years of experience in the fitness industry. In most instances, you have to commit to owning more than just one, even over time. And of all the franchise opportunities, I've observed that being an absentee franchise owner is the best way to maintain your current position while creating multiple streams of income. TSS Photography has built a strong reputation as a go-to provider of youth and sports events and high school senior photography services. If you want to be successful, there are some key points that you need to understand about owning an absentee-owner franchise. In their stores, in adding to the clothes, accessories, food and beverage (lollipop, chewing gums, candies, muffins, chocolate, beers, energy drinks, relaxing lemon drinks), there are also non budding seeds to add in a collection and as a latest novelty they have the exploding Cannabismile, such as a selected cannabis Sativa L (marijuana) and solid CBD (hash). How Much Does A Chick-fil-A Franchise Cost And How Do I Start? Still, it is necessary to be successful and keep your eyes focused on growth and expansion. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Include Not Disclosed Cash Flow (USD) Invalid range. Copyright 2023 ProfitableVenture.com | All Rights Reserved | See About Us | Privacy Policy | Disclaimer. In 1992, after developing a curriculum for her classes, Manly started Stretch-n-Grow in Galveston, Texas. This breakfast and lunch / diner is a local favorite, and always busy. They have researched the consumer marketplace and have targeted nearly every demographic with their offerings from around the world. And what better way to be part of a growing care industry than to franchise Ellie Mental Health? Top 10 Printing Franchise Businesses In The USA, Top 10 Smoothie Franchises Worth Investing, Your email address will not be published. Well, that is possible if you choose the right franchise. Computer Troubleshooters was founded in 1997 and they have been franchising since 1997, about 22 years ago. Several other franchise industries can operate as a semi-absentee or absentee, such as: The only drawback to owning a semi-absentee or an absentee franchise is that you need to have financial resources from the start. You can just sit back and collect profits. The best part? First Florida Insurance network gives you the tools, support, and guidance you need to succeed in todays demanding marketplace. On the other hand, some of the best absentee food franchises are mobile trailer joints like DonutNV. The company is a partner with dozens of national and regional shipping carriers such as UPS, Roadway Express and Saia. Snapology will provide all of the tools necessary to operate and manage a successful business. Whatever your Salon goals, Touch n Glow has a model for you. 7. 1(877) 735-5224; 877-735-5224; Login or Register; MENU. However, with the variety of options available, choosing the right franchise for you can be challenging. As a prospective franchisee, reviewing the FDD carefully and understanding the terms and conditions outlined in the document is crucial. Since 2006 they have helped over 1,000 entrepreneurs from around the world get started on the road to success and financial independence through business ownership. With an initial investment of $10,500, photography enthusiasts can get training and assistance with business development and daily operations. An absentee franchise's primary benefit is that you dont have to be there for it to run and function. The company helps empower entrepreneurs to use the GetintheLoop platform. Warehouses are the best absentee owner franchise due to their ease of operation, making them the most popular choice. There are three different business models for owning and operating a franchise: owner/operator, executive/absentee owner and semi-absentee owner. DUCTZ is a standard HVAC company that offer a complete inventory of indoor air quality products and services such air duct cleaning, ultra violet lighting, high efficiency filtration, air duct deodorizing, air duct sealing, dryer vent cleaning, evaporator coil cleaning, and mechanical system visual inspection and assessment. Purchasing a franchise involves a complex legal process, and it is essential to understand the legal requirements involved in acquiring a franchise. 16 Best Import Export Franchise Opportunities and Their Cost, Ongoing Initial Franchise Fee: $18,500 $18,500, Net-worth Requirement: $150,000 $200,000, Liquid Cash Requirement: $70,000 $90,000, Ongoing Initial Franchise Fee: $39,750 $49,750, Veteran Incentives: 10% off franchise fee, Number of Franchise Locations 299 Locations, Ongoing Fees (Initial Franchise Fee) $5,000 $30,000. In the US, they have lots of support for potential franchisees: business training, franchise business coaching, and even a review on how to brand and market your location. The company offers dog-walking and other pet enrichment services to busy pet moms and dads. The company helps pet parents with a complete package of pet care and home services, including pet sitting, pet taxi services, backyard cleaning, house-sitting, and in-home pet boarding. Warrior Martial Arts Academy plan is to offer their franchisees a business opportunity close to their home, whose peak hours of operation allow them to maintain their current careers while working to develop their investment portfolio via their Warrior Academies. They help you create something that you can be proud of, that works for your specific goals and timelines. For only a $1,995 startup cost, Starscapes is one of the cheapest franchises under 20K on our list. If full-time franchise ownership isn't for you, then you should consider semi-absentee opportunities. ! In 1979, after several years on the professional circuit and with numerous titles under his belt, Terry Texas Terry Bell developed an idea for a centrally controlled nationwide amateur pool organization. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. For most people, its hard to tell the difference between the real pieces and the replicas. DVDNow provides their kiosk operators with a complete affordable turnkey Business Solution designed to generate income right away. If youre looking for a flexible and accessible franchise to own, Fetch! . No inventory, no equipment or retail storefront is required. Franchising is not a business, but rather a way of doing business which is why interested investors who dont have the time to manage a business can become absentee franchise owners. On the other hand, if you want something that caters to furry friends, The Dog Wizard is the perfect company for the franchise. DUCTZ duct cleaning franchise is owned by BELFOR, the worlds leading fire and water damage restoration company. They are dedicated to combining locally sourced ingredients with a chill, eclectic environment where real food is served by genuine people. Yellow Van Handyman has relationships with third-party sources which offer financing to cover franchise fee, startup costs, and equipment. With semi-absentee franchise ownership, you hire a manager to run the day-to-day operations. One way to research the franchisors reputation is to read reviews from current and former franchisees. Franchising is an excellent way to have security in uncertain financial times. Dayton, OH 45459 and the current CEO of the company is James Mowery. Proforma is the leading business-to-business franchise opportunity in the $200 billion Print and Promotional Product industry. Privately owned franchise Window Gang offers expert window, gutter, dryer vent cleaning, and pressure washing services. Interested franchisees can expect to pay up to $250,000 or more in net franchise fees. They can provide guidance on selecting the right franchise, evaluating franchise opportunities, and negotiating franchise agreements. As with any business endeavor, its important to research, carefully consider the costs and potential earnings, and choose a franchise that aligns with your skills and interests. Its also an industry that generates direct and indirect economic impact, over $2.3 trillion in annual sales. They provide local moving, junk removal, warehouse storage, long-distance moving, packing services and loading/unloading labor. Like any other asset that you can rent out, billboards generate money without you having to do much of anything. Absentee run Philly pizzeria! Another way to research the franchisors reputation is to investigate its history of legal issues. Like Best Choice Roofing, another home maintenance business to set sights on is ProLift Garage Doors. Vitality Bowls is redefining the fast casual healthy food restaurant sector every day at each of its 62 locations across the country. Now, you can expect to pay $100,000 to own a Fetch! Your focus will be on marketing and creating opportunity rather than toiling in administration, research and the drudgery of setting up a business. The first step to getting started is choosing which absentee-owner franchise to invest in. Jantize America offers in-house financing to cover franchise fee, startup costs, equipment, inventory, and accounts receivable and they also have relationships with third-party sources which offer financing to cover fee, equipment, inventory, and payroll. Tint World was founded in 1982 and they began franchising in 2007, about 13 years ago. After all, an absentee owner franchise is a more flexible job option that lets you earn money passively. This can help you understand the level of competition in the market and determine whether the option you are considering is a good fit for the local market. For example, a food franchise may be a good fit for you if you have experience in the food service industry and enjoy cooking. The need for more mental health resources and platforms is growing. This business connects students with their dream tutors and conducts one-on-one sessions depending on the childs needs. The company is seeking new franchise units throughout the United States of America and Canada. Description. Oil Butler International Corp. was founded in 1987 by Sam Casternovia and Dominic Lege. They can help you navigate legal requirements, financial considerations, and other important factors, giving you peace of mind and helping you make informed decisions. They have been franchising since 1988 that is about 31 years ago. Their franchise model will provide you with the tools, support, backbone and partners network to give you a significant head start. Before committing, evaluating the total costs involved in acquiring and operating the franchise is essential. Owner Absentee 500 Sq Ft with 200 Sq Ft Mezzanine Rent $3,600/Month + $500 NN Plenty of Traffic from Schools, Colleges, and Restaurants, etc.