Top 10 Global Franchises Under $50k
If you want to own the master franchise of a global brand but don’t have a multi-million bank account, consider these low-cost but top-ranked franchises
By Amabella Jimenez
McDonald’s, check. Starbucks, check. Subway, check. Ace Hardware, check. Kumon, check. Getting a master franchise of a global brand for the Philippines is getting harder these days. Either the required investment is just too much or someone here already owns the master franchise.
But there are still opportunities out there. And they don’t even cost a lot. To come up with the top 10 global, low-cost franchises, we used the 2009 Global Franchises Rankings of Entrepreneur Magazine in the US and picked those with startup costs under $50,000. Of course, we considered only those that are still available, so the likes of Kumon, ServiceMaster, and Merry Maids, which others qualify, were taken out from the list. Here are the top 10:
Founded in 1969 by Jim Cavanaugh, Jani-King is the world’s largest commercial cleaning franchise company with more than 12,500 franchisees in 19 countries serving tens of thousands of customers. Through a global network of more than 115 regional support offices worldwide, Jani-King contracts commercial cleaning services with the work being performed by franchise owners who operate their own businesses.
Entrepreneur magazine has ranked Jani-King the No. 1 Commercial Cleaning Franchise for 2008 and the No. 2 Low-cost Franchise for 2008. What’s even more amazing is that this is the 21st year in which Jani-King has been rated the No. 1 Commercial Cleaning Franchise Opportunity by Entrepreneur.
No. 2 Jan-Pro
Jan-Pro is the #1 Fastest Growing Franchise in the rapidly expanding world of Commercial Cleaning. There are nearly 7,000 other franchisees across North America with sales of over $175 million.
JAN-PRO consistently earns outstanding independent industry recognition. For example, in 2008, Entrepreneur Magazine ranked JAN-PRO the No. 1 Growth Franchise in Commercial Cleaning, for the fifth year in a row. It went on to rank JAN-PRO as the Fastest Growing Franchise globally.
No. 3 Stratus Building Solutions
Stratus Building Solutions is an experienced provider of Integrated Facilities Maintenance Services for retail, commercial, industrial, professional, and multi-family buildings and real estate property, operating in the US and internationally for over 20 years.
Stratus Building Solutions franchises are ideally suited for seasoned business executives with strong sales, marketing, and management experience who desire to leverage a business opportunity that is scalable, recession proof, and provides unlimited income potential.
No. 4 Jazzercise
Jazzercise has been the world’s dance-fitness leader for nearly 40 years with classes in more than 32 countries. Judi Sheppard Missett, who turned her love of jazz dance into a worldwide dance exercise phenomenon, founded the Jazzercise dance fitness program in 1969. The workout program, which offers a fusion of jazz dance, resistance training, Pilates, yoga, and kickboxing movements, has positively affected millions of people worldwide. The international franchise business hosts a network of 7,500 instructors teaching more than 32,000 classes weekly worldwide.
Franchises are available in two forms. One is the Jazzercise Instructor Franchise where an owner instructor owns and teaches classes. They are certified to teach all class formats, or they are certified to teach only Jazzercise Lite or Junior Jazzercise. The second type is the Jazzercise Business Franchise for those who want to run the business but not to teach classes.
No. 5 RE/MAX
Based in Denver, Colorado, RE/MAX International oversees a network of more than 100,000 agents in more than 65 countries. The RE/MAX network is made up of more than 70 regions, varying in size from a metropolitan area to an entire country. Dave and Gail Liniger founded RE/MAX in 1973, prompted by their dissatisfaction with the way real estate business was conducted at the time. Since then, RE/MAX has been the No. 1 residential real estate network in Canada since 1987 and is a leading industry force in the United States and many other regions.
The most significant growth for RE/MAX in recent years has come outside the United States, with expansion into Africa, Asia, Australia, the Caribbean, Central America, Europe, Mexico, New Zealand, and South America. RE/MAX takes proven techniques and adapts them to local markets, thereby developing a series of tools that real estate professionals find invaluable.
No. 6 Anytime Fitness
Anytime Fitness is one of America’s fastest-growing brands with over 2,000 franchises sold in six years and nearly 500,000 satisfied members. Anytime Fitness is now expanding internationally and is looking for qualified and experienced partners outside North America.
The founders of Anytime Fitness, Jeff Klinger and Chuck Runyon, recognized early on that the fitness industry was ripe for innovation. Backed by more than 30 years of industry and entrepreneurial experience, they developed a trend-setting business model that allows people to work in the enjoyable and fast-growing fitness industry as an independent business owner.
No. 7 Quiznos Sub
Quiznos enjoys 25 years of success and large numbers of loyal repeat customers. Rick Schaden opened the first Quiznos Sub restaurant in Denver in 1981. He later bought the franchise operation, which consisted of 18 restaurants. Today, with seasoned management, professional franchise support systems, and strong financial resources, Quiznos is taking this “good food” success story throughout the US and across the globe.
Zagat’s May 2007 fast food chains consumer surveys listed Quiznos in the top 5 for Top Food, Top Facilities, Top Service, and Top Overall, ahead of its direct competitors.
No. 8 Coffee News
If you are interested in a starting a great money-making, home-based business, and have an interest in publishing, Coffee News has the franchising opportunity you are looking for. Coffee News is a fun, weekly restaurant publication. Coffee News franchises are available in many US States as well as all foreign countries. This publication can be printed in any language!
Coffee News originated in 1988 in Winnipeg, Manitoba (CAN) and is the brainchild of Jean Daum. It’s a weekly publication delivered to restaurants, coffee shops, and motels that also serves the advertising needs of small businesses. There are already hundreds of Coffee News licensees in the world already in operation.
No. 9 Home Helpers
Home Helpers’ Caregivers provide clients with non-medical care and companionship whenever needed, giving them a safe and affordable way to remain active and independent in the comfort of their home, often for longer than would otherwise be possible. Our Caregivers provide services in retirement communities, nursing homes, hospitals, rehabilitation centers, and more.
The Home Helpers organization was launched in 1997 to serve the ever-growing community of Americans over age 65 who wish to remain independent but require help in managing their everyday life. Home Helpers is the leader in the Senior and Personal Care market, ranked by Entrepreneur magazine as the No. 1 Senior Care Franchise in North America for the last 3 years. Home Helpers currently has offices in over 600 markets and is growing by a new franchise every few days.
No. 10 Anago Cleaning Systems
Anago Cleaning Systems is one of world’s leading commercial cleaning franchise companies, offering both Master Franchise and Janitorial, or Unit Franchise business opportunities. Since 1989, Anago has been perfecting a success system that leverages technology plus the power of pride in business ownership that puts the power of Commercial Janitorial Franchising in your hands.
The experts predict the need for commercial janitorial services will continue to grow well into the future. This increased need offers good financial opportunities for anyone who purchases what the Anago Cleaning System has to offer.
Top 10 Global, Low Cost Franchise Ranking
|Rank||Company||Category||Year Began||Franchising Since||2008 Franchises US / Foreign||Franchise Fee||Total Investment||Royalty Fee||Web Site|
|1||Jani-King||Commercial cleaning||1969||1974||10,698 / 1,614||$8.6K-16.3K+||$11.3K-34.1K+||10%||www.janiking.com|
|2||Jan-Pro||Commercial cleaning||1991||1991||8,127 / 18||$2.8K-44K||$3.3K-54.3K||10%||www.jan-pro.com|
|3||Stratus Building Solutions||Commercial cleaning||2004||2005||1,339 / 0||$3K-47K||$3.5K-57.8K||5%||www.stratusbuildingsolutions.com|
|4||Jazzercise||Fitness center||1977||1983||6,294 / 1,159||$500/1K||$2.98K-38.4K||to 20%||www.jazzercise.com|
|5||RE/MAX||Real estate||1973||1975||4,122 / 2,194||$12K-25K||$35K-200K||Varies||www.remax.com|
|6||Anytime Fitness||Fitness center||2001||2002||780 / 0||$9K-15K||$30K-292.6K||$419/mo.||www.anytimefitness.com|
|7||Quiznos Sub||Fast food restaurant||1981||1983||4,525 / 135||$5K-25K||$24.1K-341.8K||7%||www.quiznos.com|
|8||Coffee News||Publishing||1988||1994||799 / 186||$8K/5.5K||$9.4K||$20-75/wk.||www.coffeenewsusa.com|
|9||Home Helpers||Nonmedical care services||1997||1997||745 / 0||$31.9K||$42.2-78.3K||6-4%||www.homehelpers.cc|
|10||Anago Cleaning Systems||Commercial cleaning||1989||1991||1,233 / 0||$4.6K-1M||$8.5K-1.2M||5%||www.anagousa.com|