For some franchise resales, certain brands require owner/operators. It is essentially a consulting company that specializes in assisting local companies to understand new technologies and how they could positively impact their bottom line. Also, the goal is to continue to invest the profits from one franchise to buy another one. These costs may include the franchise fee, royalties, marketing fees, initial inventory and equipment costs, and ongoing expenses such as rent and utilities. Still, it is necessary to be successful and keep your eyes focused on growth and expansion. Save my name, email, and website in this browser for the next time I comment. And what better way to be part of a growing care industry than to franchise Ellie Mental Health? You can get exclusive territories for athletic training programs at community-based organizations, including schools, parks, and recreational associations. They have researched the consumer marketplace and have targeted nearly every demographic with their offerings from around the world. Jantize America offers in-house financing to cover franchise fee, startup costs, equipment, inventory, and accounts receivable and they also have relationships with third-party sources which offer financing to cover fee, equipment, inventory, and payroll. The company has her corporate head office at 5555 Concord Pkwy. They can also help you understand the franchisors expectations and provide ongoing support and guidance as you grow your business. The first step to getting started is choosing which absentee-owner franchise to invest in. This language tutoring franchise has a startup cost of $45.8K $63.3K. Its one of the best absentee owner franchises that dont have any royalties or other ongoing fees. The seller made . You can expect to pay around $50,000 in net franchise fees. Although the semi-absentee owner must regularly check in and help when necessary, they still have ample time to pursue other positions and opportunities in the workforce. One way to research the franchisors reputation is to read reviews from current and former franchisees. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. Their licensees market within their assigned territories. This one is totally turnkey and doing close to $900,000 in sales. One of the most vital factors to consider when purchasing a franchise is the financial investment required. The Company has identified a number of sites in the area which they believe match the demographic profile needed for success in their business model. Out of the Cot is baby boutique that offers high quality childrens furniture, gifts, toys and assorted products all in one well displayed and decorated location. That said, the home-based service company provides coaching and client training to potential owners. For most people, its hard to tell the difference between the real pieces and the replicas. Your Buyer Profile helps BizQuest customize your search experience so you can find the right business faster. Subway Franchise Semi Absentee Owner For Sale Orange County, California - South, US Quick Sale Visa Ready Asking Price: $129,000 Furniture / Fixtures included Sales Revenue: $364,545 Cash Flow: $21,307 Subway is the world's largest sandwich chain with more than 40,000 locations around the globe. In fact, The Grounds Guys have been a popular landscape franchise in Canada for over 20 years. Fetch! The Smitkas each brought their respective skills to bear in the business and used them to nurture Kids Closet Connection. Tint World is an auto and marine styling and window-tinting franchise with locations throughout the US and abroad, offering sales and installation of auto accessories, mobile electronics, custom wheels and tires, window tinting, security film, vehicle wraps, paint protection film, nano ceramic coatings, detailing services, and maintenance and repair services. Aside from fixing garage doors, the company also provides locking docks to those who need them. Snapologys mission is to provide children with an opportunity to engage in playful learning activities that stimulate creativity and an interest in learning. They have their corporate head office at 110 N. 9th Omaha, NB 68102 and the current CEO of the company is Eric Maas. Web $75,000 New Mexico Usa This Profitable Business Is Currently Operated By An Absentee Owner. Pet Care was founded in 2002 and they started franchising since 2004, about 15 years ago. Franchisees only need initial costs of only $15,000, most of which are proprietary software and HIPAA-compliant tools. Central Courier is one of the leading eCommerce delivery services companies in the United States of America. That means you can build wealth outside of the franchise while contributing to your overall asset accumulation. Absentee ownership is also perfect for entrepreneurs who are ready to retire from the grind of a 40-hour workweek but still want to have a stable, comfortable income stream. Mr. Sandless franchisees use a method for refinishing wood floors that does not require sanding. Nassau County 7-Eleven Franchise for Sale $145,000 Revenue: $2,100,000 Cash Flow: $100,000 Property Available Price Reduction Financing Available Property Included This long standing 7-Eleven Franchise is located on a busy thoroughfare in an excellent Nassau County site. Vitality Bowls is redefining the fast casual healthy food restaurant sector every day at each of its 62 locations across the country. Purchasing a franchise involves a complex legal process, and it is essential to understand the legal requirements involved in acquiring a franchise. College Girl Cleaning Service is seeking new franchise units throughout the United States of America. Absentee Owned Pizza Parlor For Sale in PA: 2 . How Much Does It Cost to Open Natural Awakenings Franchise? Plus, you get access to crucial industry know-how through their 1-on-1 coaching calls. On the other hand, some of the best absentee food franchises are mobile trailer joints like DonutNV. Instead, they have a management team and employees performing this essential function for them. Snapologys model is based on collaborative principles. Another way to research the franchisors reputation is to investigate its history of legal issues. Thats why theyre one of the best franchises under 50k. You are basically getting 5 businesses under 1 roof: Retail, Trophy & Awards, Screen Printing and Embroidery, Team Sales and Rental. One way to evaluate market growth is by conducting market research. Several people feel they need at least $100K to enter the franchising industry. As a franchisee, you can be your boss and help parents capture their childrens precious moments through professional photo sessions tailored to every stage of their development. They have very little time outside of their franchise operation for anything else, mostly owning or operating another business simultaneously. If you have the capital to invest in an absentee-owner franchise, now is an excellent time to start. Absentee ownership is a term used in the franchise industry that refers to owners of a franchise who don't work there, and do not manage the day to day operations of the business. Babies N Bells Inc. is seeking new franchise units from interested investors from all across the United States of America. In most instances, you have to commit to owning more than just one, even over time. Saladworks, the nations leading entre salad destination, serves people natures best, one salad at a time. Together they founded the American Poolplayers Association, Inc. (APA) in 1981 to act as the sanctioning body of the League. Investors and managers have very different functions in an absentee-owner franchise. 12 Cheapest Restaurant Franchises With Low Total Investment, The True Franchise Cost Breakdown of Baskin Robbins. They have their corporate head office at 812 S. Todd Wichita, KS 67207 and the current CEO of the company is Anthony Litton. Additionally, consider consulting with a financial advisor or accountant to assess the investments economic feasibility and identify any potential risks or challenges. Jersey Mikes Super Sub has her corporate head office at 2251 Landmark Pl. Through her research, Manly discovered a lack of fitness in young children and decided to do something about it. Finally, to get started, you are expected to shell out around $50,000 to $90,000. Opinions expressed are those of the author. Manasquan, NJ 08736 and under the leadership of Peter Cancro, who is the founder and current CEO. Founded: 1999. Pet Care is seeking new franchise units throughout the U.S. College Girl Cleaning Service is standard residential and commercial cleaning services company that was founded in 2011 and they have been franchising since 2014, about 5 years ago. Northwest GA, Georgia, US Quick Sale Asking Price: $300,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: $646,000 Cash Flow: $58,000 Sales stability primed for growth! With DVDNow Kiosks you can be in your own business in less than 45 days for under $25K. If youre looking for a flexible and accessible franchise to own, Fetch! Bonus Building Care is a leading commercial and residential cleaning company in the United States of America was started in 1996 by Arleen Cavanaugh, one of the founders of Jani-King. Finally, you can expect to pay $50,000 to $100,000 to own a franchise. Maid Simple House Cleaning has her corporate head office at 4 Concourse Pkwy., #201 Atlanta, GA 30328 and the current CEO of the company is Bart Pruett. Computer Troubleshooters is seeking new franchise units from interested investors worldwide. DVDNow provides their kiosk operators with a complete affordable turnkey Business Solution designed to generate income right away. They offer $10 million in marketing programs and tools. So, if youre looking for an opportunity that doesnt cost a fortune, here are the top 10 franchises under 50K that you can consider. Paint Bull has been in operation since 1989 helping individuals become self-employed in the automotive restoration industry fixing minor damage on vehicles such as stone chips, key scratches, door dings, scuffed bumpers and more, virtually any cosmetic damage found on a vehicle. Of course, like with all of these businesses, the billboard business is not completely automated. Entrepreneur Magazine reports that the average failure rate for new businesses in their first five years of operation is close to 65 percent. Veteran Incentives Interest-free loan on franchise fee, Ongoing Fees (Initial Franchise Fee) $5,900 +, Ongoing Fees (Initial Franchise Fee) $6,995 $6,995, Ongoing Fees (Initial Franchise Fee) $7,999 $7,999, Veteran Incentives $3,000 off franchise fee, Ongoing Fees (Initial Franchise Fee) Up to $8,000, Ongoing Fees (Initial Franchise Fee) $25,000 $25,000, Ongoing Fees (Initial Franchise Fee) $6,800 $6,800, Ongoing Fees (Initial Franchise Fee) $12,500 $12,500, Initial Franchise Fee $7,200 to $45,000, Veteran Incentives 20% off franchise fee. You can just sit back and collect profits. Skyhawks Sports & Supertots Sports Academy. This coaching franchise has years of experience working with small businesses. S. Concord, NC 28027 and the current CEO of the company is Jerry Grawboski. Your Search Alert has been added to your Saved Searches. However, it is essential to consider several key factors before investing. Pet Care offers in-house financing to cover only franchise fee but they also have relationships with third-party sources which offer financing to cover startup costs. The company began franchising in 1997, about 22 years ago. This Northern California based full service Moving and Storage Franchise is a California C Corporation and has been in business the last 15 years under the current owner. Bonus Building Care is a commercial cleaning franchise with locations nationwide, from California to Florida, but concentrated mainly in the Midwest. SBA Financing for qualified buyer. Minimum value must be less than maximum. The current trends in healthier lifestyles has created demands for healthy snack options in vending machines. In their stores, in adding to the clothes, accessories, food and beverage (lollipop, chewing gums, candies, muffins, chocolate, beers, energy drinks, relaxing lemon drinks), there are also non budding seeds to add in a collection and as a latest novelty they have the exploding Cannabismile, such as a selected cannabis Sativa L (marijuana) and solid CBD (hash). Peter Cancro started working in the submarine sandwich business when he was 14 years old. Out of Cot franchisees would receive training, support, defined territory, office and administration assistance via manuals and equipment training, POS software and training, local area marketing guidance, staff recruitment and management (HR) via manuals, accounting and payroll assistance, supplier management key lists of approved suppliers etc. You can start a travel franchise from them for as low as $3,500 and access training, marketing materials, and a reservation system to help you operate your business in the comfort of your home. The need for more mental health resources and platforms is growing. This breakfast and lunch / diner is a local favorite, and always busy. Key employee with 10 years experience running pizzerias is fully onboard to stay on. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. 3. Instructors also provide classes for after-school programs, birthday parties and sports camps. "Absentee Owner" Fully STAFFED! With minimal grit and elbow grease, you also can have the potential to earn passively. . AEV Unlimited Inc. is one of the leading real-estate photography and marketing collateral companies in the United States of America. Using Lego bricks and other building toys, they emphasize STEM principles, teamwork & socialization. Healthy Cravings Canada have answered the demands by creating Healthy Cravings. You can expect to pay up to $100,000 to own a franchise. To identify potential upsell opportunities, franchisees should consider the needs and preferences of their target customers. This Pet Salon has been grooming South Orange County dogs for over 4 years. Many franchisors offer financing programs or have partnerships with lenders, which can help make the investment more accessible. Locations: 1210. . The company is seeking new franchise units throughout the United States of America and also from Canada. When you are buying a restaurant, the restaurant broker should outline in their listing information if the restaurant for sale supports absentee ownership. In the US, they have lots of support for potential franchisees: business training, franchise business coaching, and even a review on how to brand and market your location. Plus, you dont need any employees and get to do most of the job at home. There are three different business models for owning and operating a franchise: owner/operator, executive/absentee owner and semi-absentee owner. Another crucial factor you need to consider is the type of franchise you want to invest in. Evaluating those mentioned on our list can help you decide whether franchise ownership is the right path for you and increase your chances of success as a franchisee. Initial Investment - $28,550Net-worth Requirement - $50,000, Liquid Cash Requirement - $30,000, Ongoing Fees (Initial Franchise Fee) - $19,900 - $19,900, Ongoing Royalty Fee - 6%+Ad Royalty Fee - Up to 2% Veteran Incentives - 10% off franchise fee. Through doing so, she was able to lay the foundation of Sew Fun Studios and a new, unique kind of party was born. Kids Closet is a childrens/babys consignment store that connects people who want to sell their outgrown gently-used childrens/babys items clothing, toys, strollers, furniture etc., with those who buy these items at huge savings. This involves gathering information about the industry and market trends, customer preferences and behavior, and the competitive landscape. After that, he started BrickKicker in 1992 to provide opportunities to make money in the real estate market. The company also provides options for 1-3 years of support on billing marketing and software and an excellent training program. Scottsdale, AZ 85262 and the current CEO of the company is David Charen. view larger image. 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