They license exclusive Filthy Rich territories. They have their corporate head office at address 7100 E. Pleasant Valley Rd., #300 Independence, OH 44131 and the current CEO of the company is John Davies. 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. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. If you have the capital to invest in an absentee-owner franchise, now is an excellent time to start. Menu; . Their low up-front investment established processes, technologies, and ongoing support make starting a home inspection business easy. 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. Many franchisors offer financing programs or have partnerships with lenders, which can help make the investment more accessible. Its affiliated with Habitat of Humanity, an international organization that champions green living. Oil Butler Intl. Potential owners only require minimal training. Your email address will not be published. Over the years the small organization has grown into over 40 locations and is currently one of the fastest growing Taekwondo schools in the country. Additionally, consider consulting with a financial advisor or accountant to assess the investments economic feasibility and identify any potential risks or challenges. This organization competes in local, state, and national events keeping the level of Taekwondo high. Looking to see if anyone has any absentee owner businesses for sale in the greater nashville area. Jazzercise is one of the top franchises for entrepreneurs who want to build a profitable business that helps people maintain a healthy lifestyle. $375,000 Cash Flow: $230,000 Miami, FL Contact View Details Chevron Gas Station Absentee Owner Financing available Cheba Hut is the quintessential anti-corporation. Since 1998, they have broken the mold of mundane, fast-casual concepts and set themselves apart by becoming the first cannabis themed joint (pun intended). Identifying potential upsell opportunities can increase your franchises revenue and profitability. Pro Image sport stores was founded in 1985 and represent the only independent, and officially licensed sports apparel and novelty franchise outlets in the world. An absentee franchise's primary benefit is that you dont have to be there for it to run and function. Turnkey, fully staffed, with management in place. The company offers practical guidance to help you launch and manage your franchise for as low as $48K. Snapologys model is based on collaborative principles. If youre looking for a flexible and accessible franchise to own, Fetch! Through her research, Manly discovered a lack of fitness in young children and decided to do something about it. In most instances, you have to commit to owning more than just one, even over time. Absentee run Philly pizzeria! Ask them about their experience with the franchisor, any challenges they have faced, and what they consider to be the keys to success in the market. A Liberty Dollar Store is not a franchise. In addition to these upfront costs, considering the ongoing financial requirements of running the franchise, such as employee salaries and ongoing marketing expenses, is essential. TSS doesnt charge a royalty fee, either. Their licensees market within their assigned territories. This one is totally turnkey and doing close to $900,000 in sales. The only drawback is that there are very few franchise opportunities that operate as semi-absentee or absentee. Its one of the best absentee owner franchises that dont have any royalties or other ongoing fees. They can provide guidance on selecting the right franchise, evaluating franchise opportunities, and negotiating franchise agreements. The company offers franchising for as low as $49K. Katy, TX (Harris County) Franchise Restaurant. Le Gourmet Gift Basket, Inc. is your source for Elegant, Affordable Gourmet Gift Baskets for any occasion such as Corporate Clients, Birthdays, Weddings, Showers, Theme Baskets, Fruit Baskets, Holidays, Special Occasions and many more. The brands main focus is quality, surpassing all top brands in taste tests in making it a #1 brand in the coffee world. . They have 10,000 franchises that provide excellent services to clients. Franchising of the concept began in 2005. Snapologys mission is to provide children with an opportunity to engage in playful learning activities that stimulate creativity and an interest in learning. Their basic business aim is always to create a certain camaraderie around their sales. Franchises are considered superior to start-ups hence it is easier for absentee owners to thrive with this business model. Wanting to be a stay-at-home mother and still have a career, Craft investigated numerous homebased businesses she could start. Key employee with 10 years experience running pizzerias is fully onboard to stay on. You can just sit back and collect profits. Classes are taught at child-care and recreation centers, elementary schools, YMCA and YWCA centers, Mothers Day Out programs and Head Start facilities. Meanwhile, if you want to invest in a home maintenance business, The Grounds Guys are your best bet. Of course, like with all of these businesses, the billboard business is not completely automated. lease valid till 2030 plus a 1-year option. Pet Care was founded in 2002 and they started franchising since 2004, about 15 years ago. Do you have $50K or less and are thinking about starting a franchise business? The Snaggle Foot franchise startup costs $12,000, making it a highly affordable franchise opportunity. This search was saved previously and can be found in My Saved Searches. The superior, fresh beans are made in small batches . If you love teaching sports to children, Skyhawks Sports & Supertots Sports Academy is the right franchise for you. At Saladworks, all salads are made to order, one at a time, from a wide variety of the freshest vegetables, fruits, proteins and delicious dressings. One way to evaluate market growth is by conducting market research. The company offers dog-walking and other pet enrichment services to busy pet moms and dads. Together they founded the American Poolplayers Association, Inc. (APA) in 1981 to act as the sanctioning body of the League. 100, #225 Berwyn, PA 19312 and the current CEO of the company is Mr. Jerry Flanagan. After all, an absentee owner franchise is a more flexible job option that lets you earn money passively. Minimum value must be less than maximum. To identify potential upsell opportunities, franchisees should consider the needs and preferences of their target customers. If you want to start small and grow slowly, they will help you do that. 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. Other Restaurants. The company has over 200 franchise locations, and you are expected to pay up to $250,000 in net franchise fees. With DVDNow Kiosks you can be in your own business in less than 45 days for under $25K. However, with the variety of options available, choosing the right franchise for you can be challenging. With a semi-absentee franchise like that, the goal becomes to open more than just one and build to several so that they generate enough wealth so you wont have to work at all at a certain point. You can expect to pay around $50,000 in net franchise fees. Window services and chimney sweeping startup costs $40K to $125K. Chagrin Falls, OH 44022. Billboard Business. The company was founded in 2012 and they have bee franchising since 2012 that is about 7 years. While it is possible to conduct research and make informed decisions on your own, seeking the help of professionals can be beneficial. Tint World has her corporate head office at 1000 Clint Moore Rd., #110 Boca Raton, FL 33487 and the company is under the leadership of Charles Bonfiglio who is the current CEO. Live pet care coordinators personally schedule service for each client and match and arrange a free in-home consultation with their pet care provider. HomeTask founder Jerrod Sessler used his construction experience to start the handyman franchise in 2002, and in 2004 it became the first HomeTask brand to be franchised. Oil Butler International Corp. was founded in 1987 by Sam Casternovia and Dominic Lege. That being said, here are some of the best absentee owner franchises to choose from. Whether youre just starting or have years of experience in the fitness industry. Expertise from Forbes Councils members, operated under license. On the other hand, a sustainable and eco-friendly business model awaits you at Green Home Solutions. Finally, to get started, you are expected to shell out around $50,000 to $90,000. They specialize in the manufacturing of customer doors, mostly barn doors in various shapes and sizes. Jersey Mikes Super Sub has her corporate head office at 2251 Landmark Pl. They are with you every step of the way and beyond when you open a beauty studio. Rent: $3,600 /$500 NN. The reason is simple. 12 Cheapest Restaurant Franchises With Low Total Investment, The True Franchise Cost Breakdown of Baskin Robbins. The executive/absentee owner, however, is the most hands-off type of ownership. Motivated Seller, BRING OFFERS!! Plus, the company offers online scheduling via a mobile app. Please click on the tab below to easily acknowledge confidentiality on this Franchises for sale. Franchising is not a business, but rather a way of doing business which is why interested investors who dont have the time to manage a business can become absentee franchise owners. For only a $1,995 startup cost, Starscapes is one of the cheapest franchises under 20K on our list. This one is totally turnkey and doing close to $900,000 in sales. The prospect of owning a franchise while still making money at your current position sounds great, doesnt it? Absentee seller is currently paying a manager $60,000 a year and an assistant manager $40,000 a year. 885 sqft. He realized how popular billiards was becoming and knew that no organized system for recreational league play existed. 919k 2032 sales verifiable through the POS system and delivery apps. It is essential to evaluate your level of interest in the industry, your personal and financial goals, and your willingness to commit the time and resources needed to make the business successful. They can help you navigate legal requirements, financial considerations, and other important factors, giving you peace of mind and helping you make informed decisions. just $300k down to own this business! 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. Class 101 is the right option, with a low investment requirement and a high return potential. They have their corporate head office at 37003 N. 109th Wy. Thats why theyre one of the best franchises under 50k. In 1979, after several years on the professional circuit and with numerous titles under his belt, Terry Texas Terry Bell developed an idea for a centrally controlled nationwide amateur pool organization. It can also be helpful to speak with existing franchisees in your area. The current owner of this franchise location has been operating the business from out of state for years as an absentee owner. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. After the birth of her first child in 2001, Kristen Horler called on her experience as a fitness instructor and personal trainer to start Baby Boot Camp. If done correctly, an absentee-minded company can be as close to financial freedom in your career without actually working yourself silly! Their stores have the same kind of huge international franchising structure like for example Hard Rock Caf with personalized range of products, changing on each city (t-shirt, hats, blazers, gadgets, backpacks etc. At Wize Computing Academy Most owners get into the absentee owner businesses because of the flexibility the role has. The company has relationships with third-party sources which offer financing to cover franchise fee, and equipment. First Florida Insurance network gives you the tools, support, and guidance you need to succeed in todays demanding marketplace. Lil Angels Photography Studio could be an excellent fit if you are a shutterbug and good with kids. The company has her corporate head office at 5555 Concord Pkwy. Comparatively, franchised companies experience just 3 to 11 percent annual turnover. They offer in-house financing to cover only franchise fee. If you want to join in on the fun, HealthyYOU Vending is the prime business to invest in. Over the last 12 years they have built up over 19 territories under license in 5 US states in 3 Countries. They offer $10 million in marketing programs and tools. Whether you want to operate as an independent franchisee or become an area developer with multiple territories, Rooter-Man has a low overhead, ongoing corporate support, and innovative training. Interested franchisees can expect to pay up to $250,000 or more in net franchise fees. This long standing 7-Eleven Franchise is located on a busy thoroughfare in an excellent Nassau County site. Jersey Mikes Subs has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. They help you create something that you can be proud of, that works for your specific goals and timelines. Dayton, OH 45459 and the current CEO of the company is James Mowery. Amazing Athletes uses a multi-sport program to benefit children aged 2 to 6 years physically, mentally, socially, and emotionally. Buying a franchise business can be a great way to become a business owner with the support of an established brand and proven business model. Pro Image Sports Stores is an American clothing boutique franchise company that officially licenses merchandise from professional sports teams, including jerseys and other apparel and accessories. It is one of the best franchises to own if you want a home-based model to work remotely. If someone needs mental help, Ellie will simply connect them to the nearest mental health professional linked with the local franchise. If you are a business-savvy person interested in helping entrepreneurs succeed, consider franchising with Action Coach. GoLocal is a North Carolina based company that plans to operate all over the United States. As a mother of three, she found herself attending countless, generic birthday parties, noticing that each one was essentially the same. Unishippers Global Logistics, LLC is a company that provides shipping services for small and medium-sized businesses in the United States. Corp. is one of the leading mobile oil change, quick lube, and windshield repair services companies in the United States of America. Dollar stores remain one of the hottest growth sectors in retailing, and for the last 20 years Liberty Opportunities has been helping people who want to drive their own success, become independent Dollar Store and Dollar Value Store owners. Ongoing Royalty Fee $400 $2K / month. The company is seeking new franchise units throughout the United States of America and also from Canada. AEV Unlimited Inc. was founded in 2013 and they have been franchising since 2015, about 4 years ago. In 1992, after developing a curriculum for her classes, Manly started Stretch-n-Grow in Galveston, Texas. Note: If youre a veteran, you can get $2,000 to $4,000 of their franchise fee. Semi-absentee franchises are designed to be manager run. The company also provides options for 1-3 years of support on billing marketing and software and an excellent training program. 919k 2032 sales verifiable through the POS system and delivery apps. 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. Amazing opportunity to own one of the fastest-growing global burger franchises for a fraction of the cost of opening a new one. After that, he started BrickKicker in 1992 to provide opportunities to make money in the real estate market. The best part? Minimum value must be less than maximum. 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. If youre geared into a business opportunity that combines health care and technology, ClaimTek Systems is a fantastic choice. Complete Weddings + Events is one of the leading wedding planning companies in the United States of America, they also offer photography, DJ, video, and photo-booth services for wedding ceremonies and engagement parties for couples. So, if youre looking for an opportunity that doesnt cost a fortune, here are the top 10 franchises under 50K that you can consider. Warrior Martial Arts Academy has consistently been rated one of the top mixed martial arts schools in the Dallas / Fort Worth area by industry experts. Screen Printing And Embroidery With Absentee Owner! Warrior Martial Arts Academy plan is to offer their franchisees a business opportunity close to their home, whose peak hours of operation allow them to maintain their current careers while working to develop their investment portfolio via their Warrior Academies. DecknFence has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. Sharon and Chris Smitka started this business with one small, independent childrens consignment sale held in a Kansas City suburb in 2004, but today, the business has grown into a nationally-franchised business with sales from coast-to-coast. Businesses For Sale > Food & Beverage > Italian Restaurants Food & Beverage > Restaurants. As a future franchisee, research and ensure your chosen franchise is sustainable. After all, the pet-sitting service has been in the business for close to 20 years and currently has more than 140 units around the country. Photo studios and photo booth services are relatively cheap franchises. The company is seeking new franchise units throughout the United States of America. They may also receive additional training and certification in the following areas: Certified Ventilation Inspectors (CVI) and Ventilation System Mold Remediators (VSMR). Veteran Incentives Franchise is offered exclusively to veterans, active duty military, and their families. Several people feel they need at least $100K to enter the franchising industry. 3. The need for more mental health resources and platforms is growing. 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. Skyhawks sports camps and programs startup cost ranges from $30.8K to $71.75K. with exposure on main thorough-fair. Business Description. Different franchises have different requirements and business models that may suit certain personality types and strengths better than others. A spare room or small area is all you need to assemble your baskets. Save $3,250,000 Cash Flow: $1,075,848 Pecos, TX Contact View Details Instead, they earn revenue from markups on printing and products. She thought back to the numerous occasions when her daughters and their friends would spend hours in her sewing room creating things they could be proud of. Proforma is a network of independent business owners who enjoy the advantages of controlling their own business combined with the power of being the industry leader. If youre looking for a scalable pet care business with a high potential for success, Snaggle Foot may be the right franchise for you. 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. Babies N Bells Inc. is seeking new franchise units from interested investors from all across the United States of America. And of all the franchise opportunities, I've observed that being an absentee franchise owner is the best way to maintain your current position while creating multiple streams of income. Secondly, you have to be successful in your current job and earn a good salary. When you are buying a restaurant, the restaurant broker should outline in their listing information if the restaurant for sale supports absentee ownership. ! Save my name, email, and website in this browser for the next time I comment. Still, it is necessary to be successful and keep your eyes focused on growth and expansion. The Parent Company of JDog Junk Removal & Hauling is JDog Franchises LLC and they are seeking new franchise units from interested investors throughout the United States of America. They are in an excellent location, in an affluent, beachside community. . Absentee Owner! Central Courier has her corporate head office at 2319 Alameda Ave. Ventura, CA 93003 and the current CEO of the company is Mr. Michael McBain. This involves gathering information about the industry and market trends, customer preferences and behavior, and the competitive landscape. Semi-Absentee owners have limited (but critical) responsibilities As we discussed earlier, "semi-absentee" owners have a time commitment to the business of 10 to 15 hours weekly. Industry Familiarity: Especially when browsing turnkey businesses, it can be tempting to explore a wide variety of options and opportunities. As of 2018, the company operates 103 franchises in the United States. Check if the franchisor has been involved in any lawsuits or legal disputes, and if so, how they resolved those issues. To gain insider knowledge about a franchises operations, take the time to speak with both former and current franchisees. Required fields are marked *. Fetch! Read on as we discuss the most profitable franchises under 20K to help you get started on the road toward entrepreneurship. DUCTZ duct cleaning franchise is owned by BELFOR, the worlds leading fire and water damage restoration company. DVDNow provides their kiosk operators with a complete affordable turnkey Business Solution designed to generate income right away. The current trends in healthier lifestyles has created demands for healthy snack options in vending machines. Serving a rapidly growing residential area, this Sir Grout franchise proudly serves a thriving territory in Maricopa County, Arizona. That means you get to hold on to more of what you make. Franchise owners often call it, "manager-run franchises." What are the best franchises for absentee owners? Semi-absentee and absentee franchises might operate without you, but you will still need the capital necessary to keep it afloat and then to expand and buy more franchises. TSS Photography has built a strong reputation as a go-to provider of youth and sports events and high school senior photography services. Pet Care franchise. Computer Troubleshooters was founded in 1997 and they have been franchising since 1997, about 22 years ago. For most people, its hard to tell the difference between the real pieces and the replicas. Also, the goal is to continue to invest the profits from one franchise to buy another one. Cash Flow: $224,358. However, it is essential to consider several key factors before investing. Thats why theyre one of the best franchises under 50k. Commercial Property with a Daycare Business for sale! In some cases, you may not even live near the physical location of the franchise. Finally, you can expect to pay $50,000 to $100,000 to own a franchise. On the other hand, if you have experience in sales and marketing, a retail franchise may be a better fit. And what better way to be part of a growing care industry than to franchise Ellie Mental Health? Plus, you get access to crucial industry know-how through their 1-on-1 coaching calls. The program introduces the fundamentals of 9 different sports (soccer, hockey, volleyball, basketball, tennis, lacrosse, football, baseball, and golf) in a non-competitive environment. Copyright 2023 ProfitableVenture.com | All Rights Reserved | See About Us | Privacy Policy | Disclaimer. According to their website, their franchise fee of $6,000 is the lowest in the industry, and their franchisees would each receive support, training and instant friendships with other franchisees. The company provides various home repairs and installations to improve your homes indoor environmental cleanliness. Usually, with either of them, you have to buy multiple units. Maid Simple House Cleaning is one of the leading residential cleaning services companies in the United States of America. In addition, the franchisee benefits from the support network of the franchisor. Buying a franchise can be a smart way to become an entrepreneur without having to start a business from scratch. They also offer a complete line of boxes and . In addition, consider reaching out to franchisees directly to ask about their experience with the franchisor. How Much Does A Chick-fil-A Franchise Cost And How Do I Start? Paint Bull- Home of the largest affiliation of Independent Mobile Automotive Restoration Business Owners in the United States. Now, you can capitalize on the growing number of health conscious consumers and workplaces who are supporting healthy eating. 22 W. Union, NJ 07083 and the Parent Company is Mobile Oil Butler International Corp. Oil Butler Intl. It is also important to evaluate your objectives, including your desire for flexibility, work-life balance, and overall quality of life.