If you are interested in opening a franchise without making a six-figure investment, check out the following top 5 franchises under 20K.
1. Dream Vacations
If you have a passion for travel, why not turn it into a profitable business? Dream Vacations offers a low-cost franchise opportunity with no inventory. Dream Vacations franchisees operate their own home-based travel business, helping others plan their dream vacations.
The investment rate is tiered, but you can own your own travel agent franchise for as little as 3,500.
2. Mosquito Minus
Another affordable franchise under 20K is Mosquito Minus. With low start-up costs, you can operate a mosquito control business and enjoy unlimited earning potential.
3. Ambit Energy
We all rely on gas and electricity, which is why starting an energy business makes smart business sense. Becoming an Ambit Energy consultant provides a realistic and affordable way to start a business that everyone can rely on.
By running an Ambit Energy franchise, you can help friends, family, and new acquaintances choose an energy product that’s right for them.
The rates to become an Ambit Energy consultant are low. Just enter your zip code to find out how much it might cost to run an Ambit Energy business.
4. America’s Tax Office
If you’re a head for statistics and have the fancy of opening your own tax preparation office, then America’s Tax Office franchise is your oyster. The company provides a one-stop shop for tax office set-up, support, and marketing.
Additionally, a US Tax Office franchise requires a minimum investment, ranging from $699 for a beginner package to $2899 for a developer package.
5. Java Dave's Coffee
Java Dave's Coffee offers an affordable opportunity to run your own licensed coffee house. For a license fee of just $499.95, you have the freedom to use the Java Dave name or choose your own coffee house name.
Java Dave only offers 100% Arabica coffee that has received the 'Golden Cup Award' by the Specialty Coffee Association of America.
The company offers free training at their corporate training store or can provide training at your own store.