Fulfill a vision of working a prosperous franchise under 50K with this valuable guide.
As an entrepreneur, you are in search of the best franchises for sale under 50k that can deliver you big payoffs in the future. But most of the franchisors who have solid brand reputation charges a huge startup cost from franchises
But this doesn’t mean you lose hope as there are other ample franchise options when it comes to startups. Here comes franchises who charge a lower startup cost from you and provide the same outcome as well-established do. We will discuss those franchises in this blog. So, let’s get an overview of the 20 best franchises under 50k in 2024.
At 50K budget, first of all remember that you are limited to either small-office or home based businesses. So if you want your business to flourish, you must have a solid sales skill set. As well, it depends on the industry you want to work on and the types of franchise you want to open.
If you want to buy a franchise under 50k budget, consulting with an experience and skilled financial advisor like NFA can be a great option. Out knowledgeable team will help in choosing the best franchises under 50K in 2024.
Let’s start the discussion by creating a useful list for the best franchises under 50K in 2024.
The company launched in 1994. It is now the north America’s largest home inspection company. It has homes offices in Tampa and Toronto covering over 55 franchises. Pillar to Post Home Inspectors gives a true unique opportunity to start your franchise under 50K especially for veteran giving them a favor of a 20% discount on their initial franchise fee. In the future their long-term plan is to reach the mark of 600 new franchises within five years.
Global Financial Training Program is a financial services provider offers the financing solution to SME’s and real estate investors to get loans for them that isn’t possible from local banks. The founder, Phil Dushey found that most lenders unwilling to deal with brokers and also didn’t have the time or resources to train new brokers themselves. This led to the creation of the Global Financial Training Program.
Global Financial Training Program is not a franchise. Once you pay the upfront training fee, there will be no ongoing fee after that. Your support is the only thing a Global Financial Training Program wants. Once training is done, you will get the graduation degree. You are enrolled in the Global Mentorship Program, which gives you the transaction review and life time support.
There is a solid chance of owing a flourishing business with strong financial support when you start a franchise with America’s Swimming Pool company. It is a franchised swimming pool service chain. The company engage in swimming pool repair, maintenance and renovation. Founded in 2001 in Macon, Georgia, where the franchise headquarters now exist.
Established in 1977, as a nationally renowned leader in the home improvement industry in providing a multiples of door installation and repair services. The current franchises of Precision Door Service serve client in over 115 locations across USA. Precision Door Service is appreciated by some prominent organization such as Franchise Time Top 400, Entrepreneur Franchisor 500 and Franchise Business Revie Top 200.
The company is a part of world’s renowned home services provider such as property repairing, maintaining and renovating called “Neighborly” owning a 19 brand on over 5000 locations. After working with Neigborly for decades, Precision Door Service offer multi-brand portfolio for franchisees. This can be highly beneficial for you as you will receive multiple network opportunities and client referrals between brands in the similar local market prove to be a franchises to start under 50k.
Safe Homecare founded in 2024 specializes in offering home care services such as meal preparation, basic education management, light and laundry housekeeping and personal care and much more for seniors and adults delivering an outstanding care to the community for growing senior demographics. It has well-established market existence and large market penetration all over the metro area of Tulsa, Oklahoma.
Starting a franchise with Safe Homecare gives benefits such as low initial investment, little inventory, 24/7 revenue system, long term clients, recession proof, high demand service, positive cash flow and territories availability. As well, a qualified applicant can get a built-in business model, ongoing support for senior management and extensive training. From their Franchise Disclosure Agreement (FDD), an average gross sales of current franchisees of safe home care is in between 1.35 million to 2.64 million dollars.
Kwench Juice Café serves the best fresh juices and fresh fruit smoothies in the USA. The company is at a fast pace growing all over the USA. Franchise owner can take great benefits from their already build reputation for providing a raw and natural ingredients product.
When it comes to starting a franchise, franchisees don’t need to invest high.
Also, there will be low food cost, minimum inventory, quick startup (not less than 5-8 weeks to open) and less staff required. Low space, Low staff and low inventory is all you need. After getting approval from Kwench Juice Café for the franchise, franchisees will receive guidance through the opening process, get full training, location selection help and other financing needs. When it comes to starting a franchise, franchisees don’t need to invest high. Also, there will be low food cost, minimum inventory, quick startup (not less than 5-8 weeks to open) and less staff required.
Shack Shin is exterior house and commercial cleaning business perform all types of cleaning unites fragmented industries such as, light installation, gutter cleaning, pressure washing and window cleaning, under one roof. The company is also flourishing in a brand new industry which is house detailing such as 1-800-GOT-JUNK, its unique new category.
When you start a franchises for 50k with Shack Shine, you will part if of the O2E brand family and backs by a trusted brand and proven business model. You will access to an expertise of fellow franchise partners from all four of their brands. The Shack Shine business model has a proven process and system that build 1-800-GOT-JUNK which make them a global multi-million-dollar brand.
Tumbles is a growing kids gym franchise busyness. It has 9 global locations and still going on. It has more than 60 years of experience. With Tumbles, as a franchisee you can begin a profitable venture to fight against child obesity, tackle young bodies and minds through a fun fitness and education program and be a part of the solution to this increasing health widespread.
Around 150 billion US parents invests yearly on kid’s products and service. You can grasp that market and earn a huge profit by starting franchise with Tumbles with a fun curriculum, based on child growth milestones. It is a successful brand with proven curriculum, various revenue steam, experience team, well-stabled system that make your franchise startup easier.
360 Painting is an interior/exterior painting company for commercial and residential markets founded in 2006, rely exclusively on the use of premium-quality paints. Today, 360° Painting’s network has grown-up to 85 franchisees in 34 states and two Canadian provinces. When you start to franchise with 360 franchisors, you will experience a resession0-resisitant business. You will have an access all the software, system and technology needed along with full support and training.
360 Painting provides the strong franchisee training two-week program that include everything needed to operate a home-based business from developing you marketing pan, managing finance and searching the perfect painters to wind up the project. Also, the staff will be provided to the franchisee in the territory for a full week during the training.
Fas-Tes Franchise Systems, LLC is as of now one of the thriving alcohols, drug and DNA testing lab franchises in the industry and is the one of the best franchises to own under 50k. It is founded in 2000 and start franchising since 2010s. As of now, it has 31 estimated number of units. Their most franchisees exist in Texas, the Great Plains area, and all over the Southwest and South.
The process to owning your own franchise is easier, no medical experience is needed to own and operate an alcohol, drug, and DNA testing facility. You will get all of the resources, training materials and guidance you need to get your franchise up and running with a proven Fastest Labs operations system. Low initial investment, minimal staff needed low operating cost are other advantages that a franchisee can avail with in a limited budget.
| Sr. No. | Franchisors | Industry | Min. Cash Required |
|---|---|---|---|
| 1. | Image One | Cleaning | 50,000 Dollars |
| 2. | Young Rembrandts | Child care | 40,000 Dollars |
| 3. | Premier Pools and SPas | Cleaning | 50,000 Dollars |
| 4. | SYNERGY Homecare | Senior Care | 50,000 Dollars |
| 5. | ERA | Real Estate | 48,000 Dollars |
| 6. | NaturaLawn of America | Home Services | 50,000 Dollars |
| 7. | Unshippers | Real Estate | 40,000 Dollars |
| 8. | Dryer Vent Squad | Home Services | 35,000 Dollars |
| 9. | CarePetrol | Senior Care | 50,000 Dollars |
| 10. | PropertyGuys.com | Real estate | 50,000 Dollars |
Finding the right franchise under $50K can lay out your future success without a hefty initial investment. From home services and child care to real estate and senior care, the above best franchises under 50k listed offer low-cost opportunities with huge payoffs.
But be careful when choosing the, as you dedicating and interest and consistency plays a big role in it to build a profitable venture.
Remember to conduct thorough research and consult with a financial advisor such as National Franchise Association to best fit for your goals. With careful planning and dedication, these affordable franchise options can clear the way to your ambition fulfillment.
Driven professional known for pioneering new communications and presentations strategies to expand business relationships, secure optimal pricing, improve productivity and increase profits. Creative problem solver, big-picture thinker, instructor, team mentor and communicator with a proven ability to develop cutting-edge tactics for elevating team performance to generate revenue, produce business growth and significantly impact the corporate bottom line. Proficient in leading projects and teams within to solve complex client problems and engage clients with novel solutions and ideas.