Our easy franchise opportunities from 12 best low cost franchises with high profits in 2018 are what you would call a real bargain. Why? Well, because many of them cost less than $200!
How is this possible? Actually, it’s perfectly legitimate. Indeed, you can become a franchisee with that little to invest. And being a franchisee is just wonderful! You are starting a business that someone else has been running successfully for quite some time before he/she decided it was popular and profitable enough to be turned into a franchise. Therefore, it’s a proven recipe for success. A franchisee gets the education and all the equipment needed from the mentor. If you follow the basic rules, you too could be earning as much as the original owner. Even though you are running a business that is a copy of another venture, there is still some room for creativity. However, you can’t go wild.
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No business is perfect, and neither is franchising. There are certain rules to obey which mustn’t be broken, no matter how original or creative your ideas may be. Also, you may end up paying royalties for a very long time. Finally, there are money issues. The most lucrative franchises cost up to several million, and it would take an eternity to get your initial investment. Luckily for you, we have more than one franchise with low startup costs.
If you’re looking for cheap franchises under $1,000, you’ll find them right here. As for H&R block franchises, or RE/MAX LLC franchises, you’ll have to go somewhere else. They’ve both grown to be household names due to their popularity and tradition. H&R Block has been offering in-person tax return preparation services, and it has also spread its activity to online and desktop software products and similar financial services. However, to buy a franchise that has existed for 62 years you’ll have to pay at least $31,557, and the sum may go as high as $149,398. That’s not really low cost, is it? The story is similar with the real estate franchise. RE/MAX LLC can cost you up to $225,000.
In order to find the low cost franchises that are really, really low, we turned to Franchise Direct and rejoiced at the sight of plenty of cheap franchises under 5000. However, what would make them, best and most profitable franchises for the year 2018? The fact they correspond to the latest trends in the 2018 market. Judging from Entrepreneur, Business2Community, Forbes, and Business, the areas requiring special attention (the most profitable ones) are healthy food, fitness, beauty salons, pets and technology (especially mobile applications). The 2018 forecast says these are what people spend most of their money on, and don’t regret it one bit. Being beautiful, healthy and fit with a few gadgets and a pet – that’s the 2018 consumers’ ideal. Therefore, we checked for those types of franchises and ranked them according to their prices. In cases when two or four of them belonged to the same trend and required the same initial investment sum, we inspected them more closely. A franchise with a recommendation ranks higher. The greater the geographical coverage, the higher its place on the list. Finally, if it offers financial assistance from the source, that was also considered a plus.
If you wish to see which were considered to be best low cost franchises 2016 and 2017, you can read our articles about the most profitable franchises under 50k, easiest low cost franchises to own in UK, as well as low cost franchises with high profit in 2017.
Without further ado, here are 12 best low cost franchises with high profits in 2018. Get one of these and watch your bank account balance rise steadily as the year passes.
12. Skyhawks Sports Camps
Investment: $27,500
In 2018 everybody’s idea of perfection is to have a healthy mind inside a healthy body, and millions of parents feel this way, too. They would rather invest in their children fitness than their own sometimes. Even though most of the camps are organized during summer, you can have special permission for sports events over the year.
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10. Healthier 4U Vending
Investment: $20,000
We continue with one of low cost food franchises. Healthier4U is available throughout the US, and they already have a list of prospective locations for your vending machines with healthy bites.
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And now, let’s see the top ten best low cost franchises with high profits in 2018.
10. U-Turn
Investment: $20,000
Apparently, U-Turn vending machines with healthy snacks have a nickname – “the money machines.” The maximum you could be investing is $40,000, and the opportunities are waiting for you in all states.
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9. PerkUp
Investment: $15,000
Turning to technology now. Mobile digital loyalty and text marketing is what PerkUp businesses are all about. Your customers definitely recognize the need to be advertised originally.
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8. Wag’n Tails Mobile Pet Grooming
Investment: $10,000
Our furry friends deserve a great makeover, and the best thing is that it can be done on their doorstep! The good news is you can have assistance with your finances, and there are no royalty fees to be paid.
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7. EaziApps
Investment: $9,995
You are pretty much aware how lucrative all those mobile apps are, and wondering why you didn’t think of that. With EaziApps, you will learn how to create mobile applications for businesses and finally find your creative outlet.
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6. Ideal Business Directory
Investment: $499
Technology rules in our list of 12 best low cost franchises with high profits in 2018. Your business directory website is going to be full of local businesses advertising themselves. With a bit of training and good luck, you could be earning much more than you hoped for with the least effort invested.
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5. SiteSwan Website Builder
Investment: $300
Another way is to create websites for small local businesses. It isn’t as hard as it sounds, especially with the training provided.
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And now, let’s see the top four franchises on our list which share the first place.
1. SocialOwl
Investment: $149
With a bit of training and the website provided, you’ll be an expert in helping small businesses make their breakthrough via social media.
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1. MobileStamp
Investment: $149
This version of a mobile punch card is available worldwide, but not in all countries. With proper training, the sky is your limit.
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1. BeaconEdge
Investment: $149
BeaconEdge ranks second on our list of best low cost franchises with high profits in 2018. It is similar to the previous franchise, except for the fact that the opportunities are available worldwide. What are you waiting for?
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1. ShoutHub
Investment: $149
The least expensive and most promising franchise in our list of 12 best low cost franchises with high profits in 2018 is ShoutHub. Another turn-key program that helps businesses get a good reputation. The reason it won by a hair is the fact that financing is provided by the franchisor, so you don’t have to go to the third party. Pretty convenient, isn’t it?
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