Starting a business is not an easy process, but you can take the path of investing in your franchise, which is easier. The good thing about investing in a franchise is that you are putting your money in a proven business. This saves you the hassle of having to begin from scratch to build and grow your business. This is because of already developed operating details, marketing, and ad campaigns. As a result, your investment has a higher probability of succeeding. Here are some franchise opportunities you should consider investing in:
Dunkin’ Donuts
Dunkin is among the most popular brands in the US and will be a fabulous investment opportunity for new entrepreneurs. Franchise fees range from $40,000 to $90,000 depending on personal franchise specifications. Initial investment ranges between $228, 620, and $1.69 million. The good thing is that the corporate office offers support for entrepreneurs with onsite assistance, marketing, and training.
Jazzercise
For Franchisees looking for low-cost investments, then Jazzercise will be an ideal option. This is a perfect opportunity for low-risk investors considering the franchise fees are low and reasonable. Initial investment expenses range from $3,530 to $12,900, and they charge a franchise fee of $1,250. The upside is there are different price points that you can capitalize on and maximize your earnings.
Cruise Planners
This is an affordable franchise opportunity with very low franchise fees as well as an affordable startup cost. The initial investment expenses for new franchisees range from $2,095 to $22,867, while franchise fee ranges between $495 and $10,495 depending on specifications.
7-Eleven
For franchisees, after a fast-growing opportunity, they might consider 7-Eleven. Initial investment expenses for new franchises range from $37,550 to 1.15 million, and franchise fees range between $10,000 and $1 million. Although open 7-Eleven is quite costly, it has massive potential since it is an international brand.
The UPS Store
The UPS Store is a top business that has been around for years. It is a recognized brand with deep pockets and stability. Initial investment new franchisees range between $177,955 and $402,595, and they charge franchise fees of around $29,950.