Category Archives: Franchise

3 Franchise Opportunities to Consider

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Franchise Opportunities

Do you have some cash to invest? Are you looking for a business investment that will hopefully yield big returns? Are you eager to be your own boss? If the answers to these questions are “YES” and you have the investable capital to spend, franchise businesses may be in your future. Here are some franchise opportunities to consider.

1. 7-Eleven Inc.

This convenience store franchise has nearly 60,000 locations worldwide. The franchisor is currently seeking new franchise units in many U.S. states including Arizona, California, Colorado, Connecticut, Massachusetts, Maryland, New Jersey, Nevada, New York, Ohio, Pennsylvania, and Texas among many others. Moreover, the franchisor is also seeking additional locations in Australia, New Zealand, Asia, Mexico, and Western Europe.

Company Overview

  • Number of Locations: 56,233
  • Total Investment: $37.2K – $1.6M
  • Founded: 1927
  • Began Franchising: 1964

Startup Costs, Ongoing Fees, and Financing

  • Total Investment: $37,200 – $1.64M
  • Franchise Fees: $10,000 – $1M
  • Term of Franchise Agreement: 10 years, renewable
  • Veteran Incentives: 10-20 percent off franchise fee; special financing terms available.

Financial Requirements for Potential Investors

  • Net Worth: $100K- $250K
  • Liquid Cash Available: $50K- $150K

Operations

Number of employees needed to run a franchised unit: 7 – 10. Absentee ownership of franchise is NOT allowed. Thus, 100 percent of current franchisees are owners and/or operators.

2. Subway

This healthy fast-food alternative franchise has nearly 45,000 locations worldwide. The franchisor is currently seeking new franchise locations worldwide.

Company Overview

  • Number of Locations: 43,148
  • Total Investment: $116.6K – $263.2K
  • Founded: 1965
  • Began Franchising: 1974

Startup Costs, Ongoing Fees, and Financing

  • Total Investment: $116.6K – $263.2K
  • Franchise Fee: $15,000 (one-time fee)
  • Ongoing Royalty Fee: 8 percent
  • Term of Franchise Agreement: 20 years, renewable

Veteran Incentives

Franchise fee waived if opening a military or government location. 50 percent off franchise fee if opening a non-government/military location but receiving government financing.

Financial Requirements for Potential Investors

  • Net Worth: $80K – $310K
  • Liquid Cash Available: $30K – $90K

Operations

Number of employees needed to run a franchised unit: 8 – 12. Absentee ownership of franchise is allowed. Currently, 100 percent of franchisees are owners and/or operators.

3. Anytime Fitness

This fitness center franchise has been in business for less than 15 years and has nearly 3,000 locations worldwide. The franchisor is seeking new franchise locations worldwide.

Company Overview

  • Number of Locations: 2,839
  • Total Investment: $78.7K – $371.2K
  • Founded: 2001
  • Began Franchising: 2002

Startup Costs, Ongoing Fees, and Financing

  • Total Investment: $78.7K – $371.2K
  • Franchise Fee: $22,500 – $32,500
  • Ongoing Royalty Fee: $549/mo.
  • Term of Franchise Agreement: 5 years, renewable
  • Veteran Incentives: 20 percent off franchise fee

Financial Requirements for Potential Investors

  • Net Worth: $250K
  • Liquid Cash Available: $70K – $100K

Operations

40 percent of all franchisees own more than one location. Absentee ownership of franchise is allowed. Currently, 100 percent of franchisees are owners and/or operators.

If you have the cash to invest and are looking for a business opportunity that will hopefully yield big returns, franchise business ownership could be a profitable investment. However, it is important to note that prospective investors need a significant amount of disposable income to pursue many of these opportunities. If you are eager to be your own boss and have the investable capital to spend, you might want to consider franchise business opportunities.