Have £15k to £50k to spend on a franchise?
There really is such a variety of affordable business franchise ranging from £15,000 to £50,000 and some of the top 10 affordable franchises could be considered recruitment agents, mowing, pet food delivery, other van based businesses and even a pub franchise in that bracket. The best low cost franchises to own are definitely low cost franchises with high profit and this is dependent on the amount of effort and dedication the franchisee is prepared to commit to the new investment.
You may wonder, what is the cheapest franchise to buy, and it is possible to invest in low overhead franchises and even no franchise fee opportunities for less than £5,000. Who knew there were easy start up franchises and low cost franchise to start under 10000, even under 1000? What do we mean when we say easy franchises? Probably the easiest franchises are going to be those where the potential franchisee already has a background knowledge and experience in the industry. For example a person with administrative skills or management experience could run a recruitment agency for virtually any industry. The franchisor is happy to have new franchisees without experience as often there are no bad habits to break and the franchisor has comprehensive training and ongoing support and a successful model to replicate.
The best low cost franchises to own are those low overhead franchises working from a home office environment, or perhaps a low cost van based affordable business franchise. Doing due diligence on all these low investment high return franchises is a big part of preparing your business plan for the bank so take the time to read the fine print and compare initial minimum investment levels, franchise fees and ongoing monthly royalty fees. Also see which low cost high return franchises offer ongoing support, ongoing discounts on stock, in house finance assistance, and check how many years the franchise fee covers. Is it an annual franchise fee or for 5 years for example?
Top 10 Affordable franchises
When we look at the top 10 affordable franchises to buy, even a low cost cocktail bar or pub could come in under the 50k budget but don’t forget the shop will need fitting out in accordance with the other franchises around the country. One of the greatest benefits of the highest roi franchise business is the well-known branding and logos, with recognizable uniforms so that the customers feel immediately at home. When we ask again, what is the cheapest franchise to buy, finding an estate agency, travel opportunity or education franchise to start under 10000 are also some of the easiest franchises.
Having started your search for the top 10 affordable franchises whether it is a gardening franchise, real estate, in the health and sporting industry or the care industry, it is possible to find low cost franchises with high profit. If it is a low cost pizza franchise or food outlet you are looking for it may not be available in the 15k to 50k price bracket. If you would like to save some time and money on your search then take a minute right now to enter your details on the form above with Approved Franchises. Here you can use their free service to obtain a tailor made quote and compare franchise businesses that suit your requirements.