5 Best Online Store Franchise

As per the record, online stores contribute $2.45 trillion to USA GDP. Well, this is the era of virtualization.

When the pandemic hit, we saw major growth in the online store, and the world became virtual partially.

5 Best Online Store Franchise
Online Store Franchise

Now, most people prefer to shop online because it saves time and gives more options in one place.

Also, since all the businesses went up to online platforms, this increased the demand for online stores that provided services like website building, management, local business SEO, and so on.

In this article, we will discuss the best online store franchise and some other facts related to them.


Here Are The Top Online Store Franchise

1. SocialOwl Franchise

SocialOwl Franchise
SocialOwl Franchise
Founded in2015
Initial Investment$149
Liquidity$149
LocationsN/A

SocialOwl provides a successful local social media business. It offers lucrative franchise opportunities to individuals who are willing to invest.

Anyone can apply for this franchise, and no prior experience is required to open it. Moreover, they provide a training program and ongoing support to new franchises.

It is the fastest-growing industry; you can easily make money from it by just setting your own price and keeping 100% of your sales. Opening a SocialOwl franchise requires an initial investment of $149.


2. My Business Venture Franchise

My Business Venture Franchise
My Business Venture Franchise
Founded in1993
Initial InvestmentN/A
Liquidity$3,995
LocationsN/A

MBV is a nationwide technology services provider with over 25 years of experience in its field.

They specialize in providing powerful websites, shopping crafts, credit card processing, secure payment gateways, strategic marketing campaigns, social media, and custom logos.

They also offer a home-based franchise opportunity and one on one training, support, free shipping of products sold on the website, and so on to new franchisees.

MBV is a member of the Better Business Bureau with an A+ rating. Opening an MBV franchise requires cash of $3,995.

Read our complete guide to learn the profitable business model of My Business Venture Franchise.


3. Ideal Directories Franchise

Ideal Directories Franchise
Ideal Directories Franchise
Founded in1999
Initial Investment$149
Liquidity$199
LocationsN/A

Ideal Directories offers a local directory business and coupon. It is a great way to earn money while supporting local businesses in our community.

They offer a home-based franchise to an individual without any prior experience.

Moreover, they also provide training and support, sales and marketing material, and everything you need to run the business.

However, Ideal Directories opportunities are only available in the USA and Canada. Opening a franchise requires minimum liquidity cash of $199.


4. Runningboard Marketing Franchise

Runningboard Marketing Franchise
Runningboard Marketing Franchise
Founded in2018
Initial Investment$75,000-$255,000
Liquidity$50,000
Locations17 Units

Runningboard marketing digital mobile billboard company, is a completely unique concept in the market and the only franchise of its kind.

This franchise model is perfect for investors who are looking to break away from the traditional, service-based business.

It’s a mobile-based franchise! There’s no real estate lease or build-out required. You only need a couple of employees to run the business.

Moreover, they also offer a training program, and the franchisees and an employee must attend the training program compulsorily for the satisfaction of the franchisor.

Opening a Runningboard Marketing franchise require liquidity cash of $50,000. Additionally, they offer third-party financing as well as a venture discount of 10% on the initial fee.


5. Eazi-App Franchise

Eazi-App Franchise
Eazi-App Franchise
Founded in2012
Initial InvestmentN/A
Liquidity$7995
LocationsN/A

Eazi-sites is introducing the greatest website-building platform, which has intelligent marketing features, search engine optimization, industry-leading commerce, and lightning-fast page loading.

They can access 100% of stunning website templates or let our team of talented designers build the best website for you.

Easi-sites offer the opportunity to become a website development specialist with industry-leading training.

The franchise opportunity is available in the United States and worldwide. It is a home-based franchise.

Opening an Eazi-Sites franchise requires an initial investment of $7995. Moreover, they also provide a training program to new franchisees.

Read our complete to know whether Eazi-App Franchise is profitable or not.


Things You Need To Know Before Choosing An Online Store Franchise

Here are a few things that are important for you to know before choosing an online store franchise.

1. Understand The FDD

The very first step before choosing an online store franchise is to know the franchise disclosure document. It is a legal document between the franchisee and the franchisor.

Here are some of the critical elements that an FDD has:

  1. Fees
  2. Training
  3. Branding/Advertising Information

FDD also contains other necessary information depending on the state.

2. Check The Financial History

The ultimate goal of owning a franchise is to earn profit. So you need to check the income statement, balance sheet, cash flow statement, and profit & loss statement.

Checking through these records will help you understand the financial condition of the franchise.

3. Check With Other Franchisees

Another crucial point is to check the report of the franchise with other franchisees. This will ensure that you are doing business with the right person.

Meet the franchisor often before getting into any contract or agreement.


When Should You Choose An Online Store Franchise?

There is no right time to choose an online store franchise. The only right time is when you possess specific skills and mindset to run a franchise.

Here are a few franchisee-mindset that you need to consider:

1. Follow A System

To run a successful franchise, you need to follow the rules of the franchisor. This is because the franchisor has already established proven procedures and models.

So, if you are a dogmatic person who doesn’t want to abide by the rules of others and follow your own path, then franchising an online store or any other franchise is not the best option for you.

2. Growth Mindset

Having a growth mindset is a very important element to have for any person looking to own a franchise.

Business is not all about just earning profits, but it’s also about adapting to the new environment, facing ups and downs, and incurring losses.

3. Adaptability

A franchisee should be ready to adapt to any environment and to customer trends and behavior.

With technology and everything growing fast in every field, a franchisee also needs to understand the changes and adapt the business according to the appropriate changes.


Conclusion

Here is the best online store franchise by Dr.Franchises. All the franchises we discussed above are our top picks and will definitely give you a higher profit than your expectation.

But before choosing any franchise, read all the terms and policies of the franchisor. And the last thing you need to consider is that don’t go over budget.

Always stick to your budget because you also need liquidity to manage your franchise business.

If you put all your Investment into owning a franchise, then it would be difficult for you to manage the business’s day-to-day activity.


Frequently Asked Question

Which Online store franchise sells the most?

SocialOwl

Which is the lowest-cost online store franchise?

Ideal Directories Franchise

How Much Does Online Store Franchise Cost?

Starting an online store franchise can be a quicker way to set your business up. For setting up an online store franchise, the cost ranges between $149-$255,000.

Is Online Store Franchise Profitable?

Yes, an online store franchise is profitable. It helps you set up your business quickly.

What Is The Online Store Franchise Profit Margin?

A profit margin of an online store franchise depends on several factors, like what services it provides, how many customers it has and etc.

Which Is The Cheapest Online Store Franchise?

According to the above-mentioned data, the cheapest online store franchise is SocialOwl which only requires $149 as an initial investment and franchise fee. The online store doesn’t even require any royalty fee.

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