Are you looking forward to starting your own business? There is no denying the fact that starting a new business is not an easy task. However, if you choose to make an investment in and launch your own franchise then the overall task becomes a lot simpler.
With the help of a franchise, you can easily launch your business by getting it up & running effectively. When you are commencing a franchise business, it is important to note that you will not be doing the same alone. With the help of the name, experience, marketing, and training of some large-scale company, the franchise that you create will have a higher chance of obtaining success. To top it all, opening a franchise of your own comes with additional benefits.
If you are looking for a franchise opportunity, here are some of the top-class franchise opportunities that you should know about:
- 1. Jazzercise: It is regarded as the best franchise opportunity for the entrepreneurs who are looking for making a low-cost investment. The overall franchise fee for the Jazzercise and its location could cost around $1250. During the initial stages of investment & expenses, you can expect to pay around anywhere between $3,530 & $12,900. Out of all the franchise opportunities out there, this is one of the best options.
- Featuring a low franchise fee along with a reasonable investment opportunity, it serves to be a low-risk business idea for new entrepreneurs. Moreover, there are multiple price options at the same time, you are able to control as well as customize the investment for maximizing the overall savings.
- 2. Dunkin’: It is regarded as an ideal franchise opportunity for brand-new enterprises which might be searching for relevant guidance, business training, and in-depth assistance while entering the business world for the very first time. The franchise fee, as charged by Dunkin’, is around $40,000 to up to $90,000. The ultimate fees of the franchise would depend on the unique franchise specifications of the entrepreneurs. The new franchisees out there can expect to invest somewhere between $228,620 & $1,691,200 during the initial investments for executing the given franchise.
- Dunkin’ is a popular food brand in the United States. As such, it is a leading choice for most of the business owners out there. When you open a Dunkin’s franchise, it implies that you will be putting up a dedicated store that is quite famous in the given area. With this store, you will get access to tons of support. Dunkin’s serves to be a highly recommended franchise option. This is because the corporate office of the brand is known to provide unparalleled support to the franchisees with relevant training, long-distance assistance in planning & setting up the franchise, onsite assistance, operations management, and even marketing.
- 3. Freddy’s Frozen Custard & Steakburgers: It serves to be an excellent franchise opportunity for the business owners expecting great ROI on your initial investment along with ensuring rapid financial growth. The brand is known to charge a fee of around $25,000 for the business enterprises. It is well-recommended for enterprises or interested franchisees having at least $250,000 amount available to be spent as an initial investment into the respective Freddy’s location.
- The brand is famous for providing great opportunities for business owners to grow their respective businesses and make great money. With its sizeable growth, the given restaurant chain serves to be a perfect choice.
- 4. Cruise Planners: Charging some of the lowest franchise fees possible, this brand is known to provide access to affordable, low-cost investment costs. When you launch the Cruiser Planners franchise business for yourself, you will be required to pay the franchise fees of around $495 to $10,495. The overall price would depend on the individual specifications of the franchise. To top it all, the new franchisees out there can expect to spend an initial investment amount of around $2,095 to $22,867.
- 5. 7-Eleven: As an entrepreneur, if you are looking for a fast-growing opportunity, then this is an ideal franchise opportunity for you. The franchise’s cost is around $10,000 to $1 million. As a new franchisee, the initial investment could be quite low at $37,550. At the same time, the investment could go up to as high as $1 million in some cases. While this is not a cheap franchise, it still has great potential in terms of the overall profits.
Make the most of your franchise business idea with the help of the right franchise opportunities out there.
- “The 5 Best Franchise Opportunities For Aspiring Entrepreneurs,” Nation,
- “10 Profitable Franchise Opportunities You Can Find At Franchise India Show 2019,” Franchise India, Sneha Santra, 31 August, 2019,
- “5 Ways to Grab the Best Franchise Business Opportunities,” Franchise India, Nikita Arya, 31 October, 2019,
- “5 Ways to Find the Best Franchise Opportunity in 2020,” Franchise Bazar, Priya Shetty,
3 January, 2020,