In today’s economy, many people are exploring side hustles as a way to supplement their income, pursue their passions, or even transition to full-time entrepreneurship. Franchising offers a pathway to business ownership with the backing of a proven system and brand recognition. If you’re looking to start a franchise for less than $50,000, there are several affordable options that allow you to begin your entrepreneurial journey with a manageable investment. Here’s a look at some promising side hustle franchises that fit this budget.
Since COVID, the franchise market has seen more and more brands that fit this profile and create great opportunities for people to get into business and start a new business without the huge up front risk of traditional business ownership. There are not only a wide range of franchise brands that fit this low investment profile, but also a incredibly wide range of industry types.
1. Get Up and Go Kayaks
Initial Investment: $53,550 to $87,050, Franchise Fee of $30,000
Overview: The Get Up and Go Franchise model is a fun, exciting and high lifestyle franchise model. The concept is through a unique, experience based tour model that uses clear kayaks, Get Up and Go gives people some of the most memorable tours of amazing water ways and unique locations you could ever experience. The business model has a excellent marketing model in place to drive new clients and create a simple and incredibly repeatable financial model in a business that makes people happy and create great memories!
2. Jan-Pro
Initial Investment: $1,000 – $50,000
Overview: Jan-Pro is a commercial cleaning franchise that provides services to businesses of all sizes. With an initial investment starting as low as $1,000 for a home-based model, Jan-Pro offers various packages depending on the scale and scope of the business you want to run.
Why It’s a Good Fit: Cleaning services are always in demand, and Jan-Pro’s low startup costs make it accessible for those looking to enter the franchise world without a significant upfront investment. The business can be operated from home, making it a viable side hustle.
3. Vacation Planners
Initial Investment: $31,750 to $56,700, Franchise Fee is $7,500
Overview: Vacation Planners is a travel agency franchise that specializes in booking cruises and travel packages. With a relatively low initial investment, franchisees can tap into the booming travel industry and benefit from the company’s established relationships with travel providers.
Why It’s a Good Fit: The travel industry is experiencing a resurgence, and Vacation Planners offers a flexible business model that can be managed from home. This franchise is ideal for those passionate about travel and looking for a side hustle with growth potential.
4. Blue Line Pest Police Franchise
Initial Investment: $66,300 to $98,800, Franchise Fee $25,000
Overview: Blue Line Pest Police provides pest control and mosquito control services to residential and commercial clients. The franchise offers a proven model and strong support, making it easier for new franchisees to get started.
Why It’s a Good Fit: With a focus on pest control, Blue Line Pest Police taps into a recurring need for homeowners and businesses. The initial investment is close to the $50,000 mark, but the business model has strong earning potential and relatively low overhead.
5. Hardy Boys
Initial Investment: $8,450 to $15,400, Franchise Fee $5,000
Overview: Hardy Boys is a B2B Franchise model with a great founder, strong operating systems and a business model literally perfect as a side hustle for white collar professionals looking to build a business on the side of their career.
Why It’s a Good Fit: The franchise’s low startup cost makes this a very attractive offering and essentially allows the franchise owner to become a small consulting agency. The franchise has a great lead generation model, solid systems and a great training program.
6. Onsight Repairs Franchise
Initial Investment: $83,500 to $127,750, Franchise Fee $50,000
Overview: Onsight Repairs is a mobile equipment repair franchise offering a range of services to residential and commercial clients to repair lawncare equipment and other items in just about any garage in any home. The services are convenient, quick and easy to learn from a franchisor who knows everything about the business and industry segment. Great, low investment model that offers a high profit margin and a naturally scalable model.
Why It’s a Good Fit: Everyone wants convenience now and are willing to pay for it, this is a service segment that will only continue to grow in demand and need. The relatively low investment and flexible scheduling make it a suitable side hustle option.
Starting a franchise as a side hustle is an excellent way to enter the world of business ownership with a lower financial barrier. These affordable franchise options provide opportunities across various industries, from shipping and cleaning services to travel and lawn care. By choosing a franchise that aligns with your interests and budget, you can build a successful side business while minimizing risk and leveraging the support of a proven franchise system.
To Franchise your low investment business, contact Franchise Marketing Systems: www.FMSFranchise.com