franchises for under 100k

[Landrover]

Part of my retirement plan.

BlancoToro (used to be on TBH) now lives and Brazil and has one of these on the beach!!! Sounds like he is doing VERY well. Need to call ole James and get caught up. He rarely comes back to Corpus Christi.

[DKirk]

Lots of good info here keep it going

[Randy]

I am an investor in a "community self storage". I have gotten my initial investment back in full after 3 years. But the buildout on each structure was about $17 million!!! Granted these are about a half of block long, include a wine room and two apartments on the top floor.

Dang y'all went all out.. Ive seen folks pay for them in a year and go to making money fast.. They don't have to be perfect or prime real estate nor does anyone have to be there 24/7. I've seen a few open 1 day a week or by appointment. Boat, Rv & Vehicle storage is a great game as well.

[Hart8]

As a guy who used to sell franchises, I only have one suggestion:

Stay away from anything under $25k... maybe from 90% of them under 50k.

Thing is, the franchisor just can't afford to hold your hand (or even give you what you really need) at those prices.

AJ,what's the deal with Jiffy Lubes? I was told by a guy that builds them,that the franchise is very shady...The franchisee puts his money in,and he's on a short leash,(so to speak) then there's no way a new franchise can meet the quota Jiffy Lube demands,and they repo,and repeat the process with the new franchisee...Any truth to that?

[TxTyler]

I have always heard that automatic car washes are gold mines.

I am sure it would cost a ton, but I think the safest franchise is a Chick-Fil-A. I have never seen one not doing great business.

Last I heard, Chickfila's are $5k to franchise, but you have to go through a lot of interview's to be accepted to franchise one. http://www.chick-fil-a.com/Company/F...se-Opportunity

Subway's are roughly $72k to franchise...

[Burnadell]

Chic 'fil A's are all corporate owned. They basically set up an "operator" after all the training etc. but the fee to be the "operator" is < 10k. But the corporate office can pull you from your store if you don't do like they want you to.

It isn't something you can buy/sell, because you don't own it.

Chick fila does not allow you to own more than one location and you cannot have any other business ventures. Wife and I have the cash and we've been looking and visiting with financial planners/brokers for a while now. I like the storage facility idea myself

Neither of these posts are accurate. The Longview, TX franchisee owns two locations.

what about a pest control company?

Always wanted to own an extermination company and call it Pest Off.

My slogan would be, " Got creepy crawlers? Don't get mad, get PEST OFF" !!!

[rileydog]

Always wanted to own an extermination company and call it Pest Off.

My slogan would be, " Got creepy crawlers? Don't get mad, get PEST OFF" !!!

Your face on billboards and company trucks.....yikes!!!

[Stan R]

Good thread.

[doublearrow]

100K wont even buy you the Chic-Fil-A sign

Only fast food you can get into for 100K is Subway.

Chik Fil a franchise is only 5000. But from what I understand its a very long process and includes working and managing for them. Its a different process than most, but the applicant is so far into by the time rolls arou d is the reason they are usually successfull. My cousins husband is going through the process.

[Chad C]

I wonder what Chipotle cost?

[Chad C]

I wonder what Chipotle cost?

Article form 2011 I found.

http://chipotlemenu.org/chipotle-franchise/

This would be somthing I would look into... they're always busy and the minimal menu keeps the cost down!

[Speedgoat]

Drive thru archery barn and beverage shak. We sell wraps, vanes, broadheads, and beer

[ATXBowhunter]

It's not a chain but liquor store that does check cashing?? I hear they do great business.

Also, anyone have any experience with Firework stands?

Rental properties are good too!

I have a full time day job but over the years have purchased 4 rental properties here in Austin - the rents more than cover the mortgage/taxes and they appreciate from 2% to 10% each year. I manage them myself and other than 1 or 2 situations, it's been pretty manageable. Interest rates are still low and there are opportunities (Note: I'm not a realtor

[deerplanter]

Not a franchise but RV parks are always full in my area.

[fullsizeaggie]

About 280,000k at a minimum

I saw an ice box for sale and for the life of me can't remember where. It was $75k + cost of land/lot and moving it. Even at $75k, I wonder what the ROI would be??