Franchises are great opportunities for entrepreneurs, but sometimes people don’t even try to launch a new one because they are convinced that franchises are just too expensive.
It’s true: when you start a franchise business, you always need to pay a franchise fee. In many cases, it means that your initial investment would be higher than what it would be with a traditional business.
But it is also true that franchises provide so many advantages that the additional investment is always worth it.
Furthermore, franchises’ costs aren’t always over the moon. There are some low-cost franchises that allow you to launch your business with less than 100K.
Yes, an initial investment of 100k is considered low cost: when you launch a new business, especially if it’s big, like a supermarket a big store, or a very well-known brand.
You need to take into consideration that the advantages of franchises determine a quicker ROI. In other words, with a franchise, you can start having a profit sooner.
You’d be repaying your investment quicker, and your overall income would be higher.
This is because with franchises, you can exploit known brands, and you can count on the support of the main company and its expertise.
Furthermore, in some cases, franchise companies provide financial support to their franchisees, so obtaining the liquidity you need is easier than elsewhere.
Now that we’ve discussed the advantages of franchises under $100,000 let’s find out what are the 10 best franchises under $100,000.
You may also Check 10 Best Franchises Under $30,000
10 Best Franchises Under $100000
1- Kumon Franchise
Company name | Kumon |
Founded in | 1954 |
Units | 26527 |
Franchise Fee | $2000 |
Royalty Fee | No |
Total Initial Investment | $40,000 |
Kumon is a business dedicated to children, and, in particular, it is focused on education. Kumon provides after-school learning courses and centers that kids can attend.
They can do their homework, follow courses or receive tutoring. With Kumon, not only you’d be launching a successful business, but you’ll also provide a service to the community.
The franchise fee is only $2000, but there are at least $40,000 in start-up costs.
The company is very experienced. It was founded in 1954 and counted 26,527 units throughout the United States.
Check Detailed Kumon Franchise
2- The Maids Franchise
Company name | The Maids |
Founded in | 1979 |
Franchise Fee | NO |
Royalty Fee | 5% |
Total Initial Investment | $50,000 |
The Maids is a company founded in 1979 that provides house cleaning services.
They don’t require any franchise fee, but they require a royalty fee. It amounts to about 5% of your income. This is ideal for lowering the initial cost of the investment.
You won’t need to pay for the franchise fee, but you’ll need to purchase some equipment and run some marketing campaigns, so the initial investment is estimated at around $50,000.
Detailed Information The Maids Franchise
3- Matco Tools Franchise
Company name | Maco Tools |
Founded in | 1993 |
Units | 1919 |
Franchise Fee | $8000 |
Royalty Fee | no |
Total Initial Investment | $80,000 |
Matco Tools is a big franchise that counts 1919 units in the United States. The company manufactures and distributes vehicle repair tools and equipment.
Their line counts over 2500 items, and they are very well-known in the country (Matco Tools was founded in 1993).
The franchise fee is $8000. Then, you need to purchase a location and supply: the initial investment, including the franchise fee, is about $80,000.
Matco Tools’ franchise contracts last for 10 years. They are renewable, meaning that, after 10 years, you’ll need to pay another franchise fee to keep on exploiting the brand name for 10 more years.
4- HomeVestors Franchise
Company name | HomeVestors |
Founded in | 1996 |
Franchise Fee | $40,000 |
Royalty Fee | No |
Total Initial Investment | $80,000 |
HomeVestors is an American company founded in 1996 and active in the Real Estate sector. You can get into business with them through their franchise program, which is articulated like this:
- You need to pay a franchise fee of $40,000.
- The terms of the agreement last for 5 years.
- Terms of agreements are renewable: after 5 years, you’ll be required to pay another franchise fee.
Because you’ll need to rent a location and purchase some equipment, like an advanced computer and smartphone, for example, the initial investment, including the franchise fee, can be as high as $80,000.
Read In Detail HomeVestors Franchise
5- Baskin Robbins Franchise
Company name | Baskin-Robbins |
Founded in | 1945 |
Franchise Fee | $25,000 |
Royalty Fee | 5,9% |
Total Initial Investment | $100,000 |
Baskin-Robbins was founded in 1945, and since then, it has always been a very well-known brand of cake and ice cream shops in America. With them, you can open your own shop.
The franchise fee is $25,000, and you’ll need to set up your shop, so the initial investment can reach $100,000. You’ll also be required a royalty fee of 5.9% on your income.
Read In Detail Baskin Robbins Franchise
6- Transworld Business Advisor Franchise
Company name | Transworld Business Advisor |
Founded in | 1979 |
Units | 360 |
Franchise Fee | $50,000 |
Royalty Fee | 8% |
Total Initial Investment | $80,000 |
Transworld Business Advisor was founded in 1979 and provides business coaching and consulting services.
They are a franchise, and they count 360 units spread throughout the United States. Their franchise contracts have a length of 35 years.
The franchise fee is $50,000, and they also require a royalty fee of 8% of your income.
The initial investment, including the franchise fee, can be calculated at $80,000. The company provides training and coaching to let you become a professional business coach yourself.
7- Merry Maids Franchise
Company name | Merry Maids |
Founded in | 1979 |
Units | 996 |
Franchise Fee | $40,000 |
Royalty Fee | 5% |
Total Initial Investment | $95,000 |
Merry Maids was founded in 1979 and provided residential and commercial cleaning services. Unlike many other cleaning companies, they also provide house repair and maintenance services.
They are a big franchise with 996 units in the United States. They require a franchise fee of $40,000 and a royalty fee of 5%, and the initial investment can be estimated at $95,000.
Check Full Information Merry Maids Franchise
8- CPR Cell Phone Repair Franchise
Company name | Merry Maids |
Founded in | 1979 |
Units | 996 |
Franchise Fee | $40,000 |
Royalty Fee | 5% |
Total Initial Investment | $95,000 |
With the number of mobile phones owned by the population, there is always a high demand for repair services.
This is why CPR can be a winning franchise. They were founded in 2004, and today they count 471 units in the US territory.
They require a franchise fee of $20,000 and a royalty fee of 5.8%. The initial investment includes the franchise fee and the costs of the location and equipment. It can easily be kept under $100,000.
9- PuroClean Franchise
Company name | Puro Clean |
Founded in | 1990 |
Units | 377 |
Franchise Fee | $55,000 |
Royalty Fee | 5% |
Total Initial Investment | $88,000 |
PuroClean was founded in 1990. They provide maintenance services.
The franchise can count 377 units in the US, and you can become one of them. The franchise fee is $55,000, the royalty fee is 5%, and the initial investment is usually around $88,000.
Read Full Detail PuroClean Franchise
10- ServiceMaster Restore Franchise
Company name | Servicemaster Restore |
Founded in | 1952 |
Units | 2000 |
Franchise Fee | $30,000 |
Total Initial Investment | $100,000 |
ServiceMaster Restore was founded in 1952. The company provides emergency property and content restoration services for both residential and commercial clients. Today, they count 2000 units in the US.
The initial franchise fee is $30,000, and you’ll need to purchase equipment and vehicles, so the total initial investment would amount to $100,000.
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.