Franchises Under $5k – Are They For Real?
There are a number of ways in which you can start your own business each with its own degree of risk. For instance, if you are good at carpentry, you can start your own woodworking shop and turn a profit within a year or two. However, it is not every one that has a skill that can be directly translated into a new business that will end up giving you a comfortable living. In case you are in this category, franchising is a great way since there is plenty of support that is provided by the franchisor. Starting low also takes away much of the risk involved in franchising. In the next few paragraphs, we take a look at a number of viable opportunities in the form of franchises that you can buy with just an initial investment of less than $5,000.
The very first franchise on our list is Chick-fil-A. This restaurant franchise needs just an initial franchise investment of $5000 and under to get started and you are guaranteed a steady income for the rest of your lifetime. This is a great way to ensure that you are getting a paycheck that is very impressive at the end of every month. In case you have an interest in the food industry, this is a great way to actually manage a restaurant while getting paid really well doing it. One good thing about the franchise is that all the groundwork has been put in place and there is already a formula for getting revenue from the hundreds of outlets all over the country.
The next source of income that will cost you less the $5k to get set up is closely related to the first one. This is in the form of vending machines. These machines cost you between $2,000 and $4,000 to buy and install and in case you set them up in a place that has a lot of human traffic, you will be assured of getting steady income for the rest of your life. One good thing about vending machines is that they are easily usable by the customer so all you need to do is maintain the vending machine and refill it when it runs low. Most of the time, coke and diet coke tend to be very profitable so you can opt for these in your vending machines.
Another franchise that also falls in this category of franchises under 5000 is 3 in 1 snacks franchise. The primary products that are offered by this food franchise include cup noodles, egg sandwich, instant oatmeal and ham sandwich among a number of other delicious food products. The investment required to get a piece of this franchise ranges between $4,000 on the low end and $15,000 on the high end.
Would you like to be a part of an established energy consultant business? Ambit energy offers a business opportunity in the recession like no other. Starting your business as an energy consultant for Ambit Energy can help you to build an unlimited residual income for the rest of your life. There is no product that you are needed to sale in this kind of business. All you have to do is help people save on their energy consumption every month. For this amazing franchise, the investment needed is just between $1,500 and $2,800.
The American Supply Franchise is yet another opportunity to own a part of an already established business. In this line of supply business, everything is quite easy to run. All you need to do is simply take orders over the phone and get email notifications when you have orders from the web from major markets such as beauty salons, hotels and motels, hospitals and restaurants. For this business, the investment needed in order to get started ranges from as small as $100 to $100,000.
Baby Boot Camp Franchise is also another franchise opportunity to invest in. this is a pre and postnatal fitness franchise which offers a program of fitness classes which make it possible for new mothers to exercise with their babies. For this franchise, the initial investment that is needed varies between $3,500 and $8,700.
As you can see, there are a lot of franchises that can be obtained for a pretty affordable price of less than 5000 dollars. This means that opportunities are plenty out there and all you need is the right place to invest and you will be getting a steady income from it.