Have £15k to £50k to spend on a franchise?
There really is such a variety of affordable franchises ranging from £15,000 to £50,000 and some of the top 10 affordable ones could be considered recruitment agents, mowing, pet food delivery, other van based businesses and even a pub in that bracket.
The best low cost options to own are definitely low cost types 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 to buy, and it is possible to invest in low overhead options and even no fee opportunities for less than £5,000.
Who knew there were easy start up and low cost versions to start under £10000, even under £1000? What do we mean when we say easy?
Probably the easiest ones 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 offerings to own are those with low overheads, working from a home office environment, or perhaps a low cost van based affordable business.
Doing due diligence on all these low investment high return options 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, 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 fee covers. Is it an annual fee or for 5 years for example?
Top 10 Affordable franchises
When we look at the top 10 affordable ones 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 others around the country.
One of the greatest benefits of the highest roi 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 to buy, finding an estate agency, travel opportunity or education types to start under 10000 are also some of the easiest.
Having started your search for the top 10 affordable ones, whether it is a gardening, 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 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 this site.
You can use their free service to obtain a tailor made quote and compare franchise businesses that suit your requirements.