According to the US Census, franchises make up 11.4% of all US firms. Franchises have strong brand recognition and readymade marketing materials.
Business owners must consider their financial limitations and the franchiser’s support network when assessing a franchise opportunity.
The one barrier that many aspiring small business owners need assistance to overcome is the beginning capital required to get their business off the ground.
To address this issue, we have compiled a list of 20 excellent franchise opportunities that can be launched in 2022 for less than $10,000, along with the anticipated profits from each franchise model.
SEE ALSO: 20 Best-Paying Jobs in Integrated Oil Companies
20 Best Franchises Under 10K in 2022
MOMLETA (Baby Boot Camp)
Baby Boot Camp is a program offered by MOMLETA for stroller fitness. So, it is well-received by postpartum and new mothers that the franchise is one of the most well-liked ones on the market.
Since its launch, Baby Boot Camp has received positive feedback from entrepreneurs and customers.
Their business model ensures entrepreneurs have all they need to provide their customers with consistently high-quality service.
They offer excellent operations support and an entire marketing program; their business strategy is set up so you will be reassured about advertising expenditure or operations.
Plus, you don’t need any previous experience or professional qualifications.
FIT4MOM
Entrepreneurs who join the Fit4Mom franchise have the chance to run a small business that significantly impacts their neighborhood.
The company’s goal is to help women in the pre-and post-natal phases of parenting, from exhaustion to better general health and fitness.
You will receive marketing, support, and training when technical expertise is required for a modest initial franchise charge. You can earn from $60,000 – $90,000 yearly.
Advisory Capital Brokerage
As one of the top franchises on the list with a low starting investment requirement and earning solid potential, Advisory Capital Brokerage is an ideal opportunity.
An advisory capital brokerage franchisee could expect to earn around $30,000-$45,000 annually.
Jazzercise
This franchise has been around since 1968 and promises you will enjoy the best fitness experience.
The company offers a variety of fitness classes and dance-inspired workouts.
They allow anybody to enroll as a teacher and receive payment for completed courses or as a franchise owner.
To make it simple for you to get started, they offer updated routines, training, and a music selection in one bundle.
Both scenarios have extremely reasonable initial franchise fees that must be paid for the business.
Whether you’re looking to lose weight, train for a 5K, or tone up, there is something for everyone at Jazzercise.
You can anticipate making an average net income of $27,000 per year if you open a studio with two instructors.
If you open a studio with six instructors, the average net income jumps to $35,000 annually.
Express Employment Professionals
Express Employment Professionals is a staffing firm that offers franchises nationwide.
The franchise has a low initial investment cost of less than $10K (with an ongoing royalty fee of around 7% annually) with an estimated annual revenue of over $1 million.
Anytime Fitness
Anytime Fitness is a leading franchisor with over 4,000 locations in the US and Canada.
The company offers affordable health club memberships to allow people to conveniently work out when they want.
This fitness chain is well-positioned for future expansion, and more than 200 franchise opportunities are available.
The franchise cost for royalties is 7% and is $9,995. The $4,995 initial investment budget
The UPS Store
Franchise opportunities are costly. However, The UPS Store is one of the few franchises that offers a low startup cost and doesn’t require any previous experience or investment money.
They also provide various franchise opportunities with flexible locations to help you find the right option for your needs.
With an average annual income of over $130,000 per shop and a minimal startup cost of about $5,200–$17,400, it is easy to see why this franchise is so popular among small business owners.
Stay Safe Vending
Vending machines are a great way to make money on the go. Vending machines can be found anywhere in offices, schools, and hospitals.
To get started, all you need is some capital of about $5,000-$10,000 (depending on which vending machine you buy) and a salesperson’s license.
Your revenue could range from $2,000 per month to $25,000 per month, depending on how many machines you have.
SocialOwl
SocialOwl offers social media marketing services. They have a well-packaged system so franchisees can provide various social media services to local businesses.
By making the first financial commitment required, you can gain access to all their websites, leads to get you started, and lifetime access to their training and support.
N2 Publishing
N2 Publishing works with experts and professionals to produce custom digital content on various topics that are relevant to our audience.
Many assume they need millions of dollars or years of experience to start their own business when you can create a company for under $10,000. You can earn up to $3,500 monthly while working from home.
SEE ALSO: 20 Best-Paying Jobs In The Cannabis Industry Today…
Menchie’s Frozen Yogurt
Menchie’s is the world’s largest self-serve frozen yogurt franchise with more than 800 locations, but it’s not just about the fro-yo.
They offer a delicious selection of toppings and sauces that are perfect for pairing with your favorite flavor. How much you will earn can range from $50,000 – $60,000.
Wetzel’s Pretzels Franchisee
Wetzel’s Pretzels is a quick-service restaurant that offers hand-rolled and twisted pretzels.
The franchise fee for this company is $5,000, with an initial investment of $30,000 – $50,000.
Average first-year income can be anywhere from $150,000 to $250,000 annually, depending on location and the business size.
If you stay at your current rate for five years, you can earn up to $1 million annually.
Jan-Pro Cleaning & Disinfecting
Jan-Pro has a long history of providing quality and professional customer service.
The Jan-Pro franchise is a well-established brand with over 100 years of experience, and they are looking for new people to join the team.
Initial Licensing Fees range from $1,250 to $50,000; starter kits cost $900; total investments range from $4,170 to $56,020.
And your annual earnings will be between $7,000 and $11,000.
Buildingstarts
One of the top names in the commercial cleaning franchise industry is Buildingstars.
The company provides a flexible, inexpensive, lucrative business opportunity with a modest initial franchise charge.
With a relatively cheap initial franchise cost, you can establish your own company using the Buildingstars franchise model.
POOP 911
If you have a knack for cleaning, an eye for design, and a love for animals, POOP 911 is looking for you.
Their company offers the most rewarding experience of all our franchises. Not only do they offer competitive wages, but they also offer paid training and the opportunity to work on your own schedule.
A range of packages allows franchise owners to launch their businesses with various degrees of investment.
Initially, there is no franchise fee; total investment ranges from $3,620 to $25,970; working capital is from $1,250 to $2,500, and the royalty fee is 23.0%.
But what’s more important than any other factor is that you can work from home and set your own hours.
Ameriprise Financial
One of the best franchises under 10k is Ameriprise Financial. Ameriprise Financial is your go-to if you’re looking for a franchise that offers a financial advisor.
The company provides clients with investment advice and retirement planning services.
A franchise startup costs $1,500, total investment ranges from $10,432 to $114,480, and working capital ranges from $2,299 to $21,290.
An anticipated starting pay with Ameriprise Financial could be $58,000 per year.
Smoothie King Franchisee
Smoothie King is a nationwide chain of franchising stores that sells a variety of nutritious, fruit-based drinks and smoothies.
As a Smoothie King franchisee, you can purchase your own storefront or begin as an independent owner with one to four locations.
As a Smoothie King franchisee, you will have access to the exclusive World-Famous recipe, which includes over 30 years of experience and millions of satisfied customers.
Zaxby’s Restaurant Franchisee
The Zaxby’s Restaurant Franchisee is a great franchise opportunity for entrepreneurs looking to enter the restaurant business.
With an initial investment of less than $10,000, this franchise may be just right for you. A Zaxby’s Franchisee makes approximately $350K per year on average.
Lenny’s Sub Shop Franchisee
Lenny’s Sub Shop has a franchise fee of only $5,000 and an initial investment of only $8,900.
That’s one of the lowest costs for franchises on this list! In addition, Lenny’s Sub Shop offers their franchisees various menu items to keep customers coming back.
Some popular items include beef or veggie burgers, macaroni and cheese bites, grilled cheese sandwiches, pasta salads, and more.
Rita’s Italian Ice Franchisee
Rita’s Italian Ice is one of the best franchises under $10,000. This franchise offers a variety of flavors and toppings, including fresh fruit.
Customers can enjoy their treat indoors at a table or outside on the terrace thanks to the store’s enormous area.
The average location grosses over $150,000 annually, with many locations are reaching well over six figures.
SEE ALSO: 20 Best Student Loans for Trade Schools in 2022
Conclusion
One of the best ways to invest your money is to buy a franchise. Buying a franchise can be expensive, but it’s worth it for the amount of money you’ll make.
If you’re looking to buy a franchise, it’s essential to do your research.
A franchise under 10k may seem like little. However, they are still worth checking out since they are more affordable and provide excellent investment opportunities.
