When launching a new business, there is always some risk involved.
You need to invest some money and do your best to make your business successful and make sure you have a return on investment. Possibly, as quickly as you can.
Suppose you can’t risk too much money. In that case, there are some strategies that you can utilize to lower the risk: for example, you can try to lower the initial investment as much as you can so that, if you lose your investment, you lose only a certain amount of money and not a fortune. Furthermore, you could launch a franchise business.
Franchise businesses are less risky than traditional ones because the companies are already successful, and you can exploit their marketing, their products, and their brand name.
So, how can you merge the two strategies we’ve mentioned? Investing a small amount of money and launching a franchise business?
Well, of course, by choosing a franchise that allows you to launch your business with a small investment, let’s say, lower than $10,000.
To help you with that, in this article, we’re providing you with the list of the 15 best franchises under $10,000.
Top 15 Best Franchises Under $10,000
1. Cruise Planner Franchise
Franchise Model
| Locations | 2500 units |
| Initial Investment | $2295-$23,665 |
| Franchise-Fee | $6,955 |
| Royalty-Fee | 3% |
Cruise planner is an American travel agency.
It’s very well known, and for this reason, it is an excellent opportunity for franchisees.
You can operate your travel agency from home; you only need a computer and an Internet connection.
They require a franchise fee of $4000. $4000 plus the cost of your computer is the total initial investment you need to start this business.
One of the best options of the 15 Best Franchises Under $10,000 for investors to invest in is the Cruiser planner homes-based Franchise.
Customers love their impressive services, and it is a well-regarded group of cruise experts with many clients.
2. Winzer Franchise
Franchise Model
| Locations | 287 units |
| Initial Investment | $5950-$16,153 |
| Franchise-Fee | $3500 |
| Royalty-Fee | 14% |
Winer is a retail franchise that provides different fastener tools and other automotive and industrial repair supplies.
It has grown to be a major, full services distributor to more than 35,000 customers in various markets.
They also provide training, demonstration activities, and a proprietary sales support system. It is one of the lowest-cost Franchises under 15k, and individuals can run it.
3. Brokerplan Franchise
Franchise Model
| Company Name | Brokerplan |
| Founded in | 2004 |
| Franchise fee | $5,136 |
| Royalty Fee | None |
| Initial Investment | $6000 |
Brokerplan is a network of financial consultants. Suppose you want to offer financial services to your clients instead of freelancing.
In that case, you can join the Brokerplan franchise: you’ll have some important software tools at your disposal (without having to buy them) and, just like it happens with franchises, you’ll be able to exploit an important brand name. They require a franchise fee of $5,136.
4. Coffee News Franchise
Franchise Model
| Locations | 338 units |
| Initial Investment | $9,250 to $11,750 |
| Franchise-Fee | $6,000 |
| Royalty-Fee | $80/week |
CoffeeNews is a company that provides news in weekly publications. They have a franchise program that allows you to publish your edition of Newsweekly.
It is very effective when the news is related to the surrounding community: you can become a point of reference in the community.
They require a franchise fee of $10,000, and you can start publishing with them.
5. Eazi-Apps Franchise
Franchise Model
| Locations | 300 partners in over 40 countries |
| Initial Investment | $10,000 |
| Franchise-Fee | $9,995 |
| Royalty-Fee | N/A |
When you join the Eazy-app franchise, you can start helping businesses in their digital transformation.
The demand in this sector is at its highest, so if you have the skills, this is one of the best promising businesses you can start during these times.
If you don’t have the technical knowledge to provide digital services to businesses, Eazy-app provides you with the necessary training. The initial investment is $9,995
6. Dream Vacation Franchise
Franchise Model
| Locations | 212 units |
| Initial Investment | $3,245 to $21,850 |
| Franchise-Fee | $10,500 |
| Royalty-Fee | 1.5%-3% |
Dream Vacation is a low-cost travel franchise. It is a home-based opportunity. It helps people to achieve the gateway of their dreams.
They are part of a powerhouse in the travel industry; their connections are vast. They always have an exclusive booking offer for their customers.
If you plan a relaxing escape with a family or girlfriend, your experience will be fabulous and tailored to your wants and needs.
7. OpenWorks Franchise
Franchise Model
| Locations | 700+ around the world |
| Initial Investment | $18,500 to $72,000 |
| Franchise-Fee | $15,200, $67,500 |
| Royalty-Fee | N/A |
With Openworks, you can start your own commercial cleaning business. They’ll provide training and allow you to use their brand name to market your business.
You’ll be providing cleaning services to offices, commercial locations, and more.
In a short time, you could build a larger and larger organization with as little as $7000 of the initial investment.
8. Jazzercise Franchise
Franchise Model
| Locations | 6,256 Units |
| Initial Investment | $2,415 to $3,200 |
| Franchise-Fee | $1,250 |
| Royalty-Fee | 20% |
Jazzercise is known for its Fitness services. The combination of aerobic exercise, HIIT, and dance fitness is safe and effective for all ages and fitness levels.
It has a special pulse-pounding, beat-pumping, body-blasting fitness program that gets you to results fast.
Jazzercise is like a highly intense dance party that fuses cardio, Pilates, Yoga, Kickboxing, and hip hop.
Jazzercise is the lowest-cost Franchise and is easy to manage. During the pandemic, they give virtual coaching to students and those who didn’t want to come to the studio.
They also have the option of a virtual class. So the Jazzercise franchise is the lowest-risk franchise.
Read: Jazzercise franchise
9. Building Stars Franchise
Franchise Model
| Locations | 703 Units |
| Initial Investment | $2,245-$8,295 |
| Franchise-Fee | $795-$1995 |
| Royalty-Fee | N/A |
Buildingstars offer a commercial cleaning service. They have a unique three-stage business model that guides the franchise owner through a step-by-step blueprint for growth.
They offer the lowest initial investment of any cleaning franchise with the highest opportunity for growth.
It ranked among Franchise Business Review’s top 200 franchises because of its great services and review from the Franchise.
10. Ameriprise Financial Franchise
Franchise Model
| Locations | 4246 Units |
| Initial Investment | $10,432 to $114,480 |
| Franchise-Fee | $1,500 |
| Royalty-Fee | N/A |
With Ameriprise Financial, you can start your financial franchise business. If you are already experienced in finance, you’ll have no difficulties setting up this business.
However, if you don’t have any experience, the Ameriprise Financial team provides all the training you need to start.
They require a franchise fee of $10,000, including the training.
11. Poop 911 Franchise
Franchise Model
| Locations | 64 Units |
| Initial Investment | $3,260-$25,970 |
| Franchise-Fee | N/A |
| Royalty-Fee | 23% |
Poop 911 operates a pet waste removal service business. They provide poop-scooping services for dog owners, breeders, kennels, or other places that deal with animal dropping.
It has a 5-star reputation of trust between pets, owners, and techs.
The brand keeps America’s yards and pet owners healthy without being intrusive. It’s a dirty job, but you can make money at the lowest investment.
12. Algorithmics Franchise
Franchise Model
| Company Name | Algorithmics |
| Franchise fee | $5,000 |
| Royalty Fee | None |
| Initial Investment | $5,000 |
Algorithmics is a company that provides programming courses in schools and outside of them.
If you have some skills in this field and like to teach, you can join this franchise so that you can have your shoulders covered by an important company, and it will be easier to find clients.
They require a franchise fee of $5,000, and you’ll need little more than that to start with this business.
13. Fit4mom Franchise
Franchise Model
| Company Name | Fit4Mom |
| Founded in | 2013 |
| Franchise fee | $6,495 |
| Royalty Fee | None |
| Initial Investment | $7,500 |
This franchise business offers fitness programs to mothers of young children. It is also prenatal and post-natal programs.
You can start with this franchise with as little as $6,495. However, their franchise contract lasts for three years.
It means that, after three years, if you want to keep exploiting the Fit4Mom programs and brand name, you’ll need to pay the franchise fee again.
14. BabyBoot Camp Franchise
Franchise Model
| Company Name | BabyBoot Camp |
| Founded in | 2001 |
| Franchise fee | $7000 |
| Royalty Fee | None |
| Initial Investment | $8000 |
If you are passionate about fitness, BabyBoot Camp offers you the possibility of launching your fitness business.
They are aimed at a very restricted niche: they offer nutrition and fitness programs to prenatal and postpartum women.
This could be a great way to distinguish your business from the competition and build your career with them.
You don’t need much money to set up your business since you only need to rent a small room to host your clients. The franchise fee is $7,000.
15. Mobile Stamp Franchise
Franchise Model
| Company Name | Mobile Stamp |
| Franchise fee | $149 |
| Royalty fee | None |
| Initial Investment | $3000 |
MobileStamp is a company that provides loyalty cards and reward stamps for businesses in an innovative way.
Instead of having a piece of paper and stamps, it provides customers with a mobile platform that allows business managers to provide virtual cards and stamps.
They are open to franchise partners and provide all the training and support they need to understand the business and how to sell it.
The MobileStamp franchise fee is only $149. Then, you’ll need additional investment to set up your business: a computer, a smartphone, and a marketing strategy.
Conclusion
With any of the franchises included in our list of the 15 best franchises under $10,000, you can lower the risk of starting your business and raise your chances of success.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.