DonutNV is a mobile franchise that operates solely from food trailers, selling mini donuts and beverages. Now that you have a shortlist of franchises under 50K, you must remember that parent companies often disclose revenue and profitability in their franchise information. Tint World has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll et al. Price (USD) Invalid range. Just last year, the company earned a profit of $115 million. Skyhawks sports camps and programs startup cost ranges from $30.8K to $71.75K. They may also receive additional training and certification in the following areas: Certified Ventilation Inspectors (CVI) and Ventilation System Mold Remediators (VSMR). Mr. Sandless/Dr. Contact. Their unique method of drawing prepares youngsters brains for more advanced learning. Champions Martial Arts International has recently franchised in efforts to provide opportunity to Taekwondo enthusiasts throughout the world to do what they love to do and gain financial freedom with the tools they provide. They provide franchise owners with equity in their national brand, meaning your investment will appreciate over time. This involves gathering information about the industry and market trends, customer preferences and behavior, and the competitive landscape. After all, an absentee owner franchise is a more flexible job option that lets you earn money passively. Top 18 Absentee Businesses Not every franchise or business model is made for this type of ownership. There are three different business models for owning and operating a franchise: owner/operator, executive/absentee owner and semi-absentee owner. . Window services and chimney sweeping startup costs $40K to $125K. The prospect of owning a franchise while still making money at your current position sounds great, doesnt it? Founded by Emma, Lyndel and Stefan Pic, Out of the Cot operates in the retail kids market yet competes across several niche markets within it. Comparatively, franchised companies experience just 3 to 11 percent annual turnover. Using Lego bricks and other building toys, they emphasize STEM principles, teamwork & socialization. Corp. has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll et al. The starting investment of the company is $100,000 to $250,000. Several other franchise industries can operate as a semi-absentee or absentee, such as: The only drawback to owning a semi-absentee or an absentee franchise is that you need to have financial resources from the start. An absentee franchise owner is an individual or corporation that legally owns a particular franchise without actually actively managing it. Jersey Mikes Super Sub has her corporate head office at 2251 Landmark Pl. Potential owners only require minimal training. Researching and understanding the legal requirements specific to the state where you will operate the franchise is essential to ensure compliance with all relevant laws and regulations. Their startup cost ranges from $44.2K $54.4K. They have their corporate head office at 7086 Corporate Wy. Best Absentee Businesses [Incl. 15 Practical Examples] That price covers home office support, insurance, and a six-day training course. However, it is essential to consider several key factors before investing. Top 10 Printing Franchise Businesses In The USA, Top 10 Smoothie Franchises Worth Investing, Your email address will not be published. Menu; . Nassau County 7-Eleven Franchise for Sale $145,000 Revenue: $2,100,000 Cash Flow: $100,000 Property Available Price Reduction Financing Available Property Included This long standing 7-Eleven Franchise is located on a busy thoroughfare in an excellent Nassau County site. Amazing opportunity to own one of the fastest-growing global burger franchises for a fraction of the cost of opening a new one. Your Search Alert has been added to your Saved Searches. On the other hand, if you want something that caters to furry friends, The Dog Wizard is the perfect company for the franchise. Bonus Building Care have been franchising since 1996, about 23 years ago. Web $75,000 New Mexico Usa This Profitable Business Is Currently Operated By An Absentee Owner. And of all the franchise opportunities, I've observed that being an absentee franchise owner is the best way to maintain your current position while creating multiple streams of income. The company offers in-house financing to cover only inventory but they are open to negotiations from interested investors. Look for patterns in the reviews, such as consistent complaints or praises, and pay attention to the franchisors response to those complaints. Businesses For Sale > Food & Beverage > Italian Restaurants Food & Beverage > Restaurants. Required fields are marked *. At Saladworks, all salads are made to order, one at a time, from a wide variety of the freshest vegetables, fruits, proteins and delicious dressings. 4568 . Yellow Van Handyman is part of HomeTask, which also franchises Freggies, Lawn Army and Pet Butler. Franchisor. To help with this process, we have compiled a list of the top 10 factors to consider when buying a franchise business. And find a professional who can help you navigate the franchise ownership world. . Absentee ownership is a term used in the franchise industry that refers to owners of a franchise who don't work there, and do not manage the day to day operations of the business. Armed with decades of Industry expertise and innovative models, Touch n Glow Beauty Salon Franchises bring accessible, pain free beauty to clients and Salon owners alike. When buying a franchise business, evaluating existing franchises in your area is essential. Meanwhile, Best Choice Roofing is one of the best absentee owner franchises for home improvement. $215,000 Semi-Absentee Country Dance Business For Sale Business For Sale Utah - USA Listing Type & Status: Established & Running Business Industry/Category: Business Type: Independent Year Established: 2018 Employees: 6 7 PT Revenue-Gross: 190959 $USD Bottom-Line: 93680 $USD Bottom-Line Method: Cash Flow Business Profitable? DecknFence has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. Also, franchisees can consider bundling products or services together to provide more value. Rent: $3,600 /$500 NN. Lil Angels Photography Studio could be an excellent fit if you are a shutterbug and good with kids. Computer Troubleshooters franchisees provide managed services, cloud / hosted solutions, networking, software consulting, diagnostics and repair, data backup and recovery, security and other computer services to primarily small-business clients. Pro Image sport stores was founded in 1985 and represent the only independent, and officially licensed sports apparel and novelty franchise outlets in the world. To identify potential upsell opportunities, franchisees should consider the needs and preferences of their target customers. Amazing opportunity to own one of the fastest-growing global burger franchises for a fraction of the cost of opening a new one. Jantize America offers in-house financing to cover franchise fee, startup costs, equipment, inventory, and accounts receivable and they also have relationships with third-party sources which offer financing to cover fee, equipment, inventory, and payroll. Entrepreneur Magazine reports that the average failure rate for new businesses in their first five years of operation is close to 65 percent. Computer Troubleshooters was founded in 1997 and they have been franchising since 1997, about 22 years ago. It is essentially a consulting company that specializes in assisting local companies to understand new technologies and how they could positively impact their bottom line. So, if youre looking for an opportunity that doesnt cost a fortune, here are the top 10 franchises under 50K that you can consider. Each Stretch-n-Grow class is about 45 minutes long, with 30 minutes of exercise and 15 minutes of discussion. When you are buying a restaurant, the restaurant broker should outline in their listing information if the restaurant for sale supports absentee ownership. Instructors also provide classes for after-school programs, birthday parties and sports camps. This mobile pet-related franchise trains dogs to be better companion pets by facilitating small behavioral changes to be the best pet pals they can be. Interested franchisees can expect to pay up to $250,000 or more in net franchise fees. Recon Aerial Medias goal is to create drone franchise opportunities that offer a practical solution, offer the franchisees choice and that will simplify business startups. Pet Care was founded in 2002 and they started franchising since 2004, about 15 years ago. Looking into purchasing an independent mailbox store. The location of this Franchise for Sale is ideal in a food court setting. Turnkey, fully staffed, with management in place. Vitality Bowls is redefining the fast casual healthy food restaurant sector every day at each of its 62 locations across the country. Sharon and Chris Smitka started this business with one small, independent childrens consignment sale held in a Kansas City suburb in 2004, but today, the business has grown into a nationally-franchised business with sales from coast-to-coast. Babies N Bells Inc. has her corporate head office at 4489 Mira Vista Dr. Frisco, TX 75034. now selling exclusive territories - one franchise per countyabout the micro filter king franchise Over the years the small organization has grown into over 40 locations and is currently one of the fastest growing Taekwondo schools in the country. Cheba Hut is the quintessential anti-corporation. Since 1998, they have broken the mold of mundane, fast-casual concepts and set themselves apart by becoming the first cannabis themed joint (pun intended). Their flexible model will allow you to grow your business the way you wish based on your personal goals. This one is totally turnkey and doing close to $900,000 in sales. Lil Angels Photography Studio kids and family photography startup cost starts at $39.5K. Franchise ownership requires a significant investment of time, money, and effort. DUCTZ duct cleaning franchise is owned by BELFOR, the worlds leading fire and water damage restoration company. If youre looking for a scalable pet care business with a high potential for success, Snaggle Foot may be the right franchise for you. Nassau County 7-Eleven Franchise for Sale - bizbuysell.com And, in most cases, it isnt even possible to be hands-on at all and succeed. For Sale: Absentee Owner Sandwich Shop Asset Sale How Much Does A Chick-fil-A Franchise Cost And How Do I Start? With Liberty you own your own Dollar Store. The company helps pet parents with a complete package of pet care and home services, including pet sitting, pet taxi services, backyard cleaning, house-sitting, and in-home pet boarding. Evaluating those mentioned on our list can help you decide whether franchise ownership is the right path for you and increase your chances of success as a franchisee. Vested Business Brokers specializes in New York Absentee Business for sale listings. In 2017 alone Champions Martial Arts International Franchise expanded 12 new locations and are continuing to build speed. You require a storage place and a qualified warehouse operator to run a warehouse. With starting an absentee owner business, there are plenty of opportunities that can help you follow your dreams and build a successful career. Another factor to consider when figuring out what type of franchise you want is the level of support the franchisor provides. Start a travel agency franchise with a minimal investment cost. Becoming a Filthy Rich licensee is a great way to start earning great returns. Good for boba tea, dessert cafe, fried chicken, or any other to-go menu. Together they founded the American Poolplayers Association, Inc. (APA) in 1981 to act as the sanctioning body of the League. Are you a professional independent agent or a captive agency owner with a minimum of three to five years of experience? Different franchisors offer different levels of support, and choosing a franchisor that provides the level of support you need to succeed is vital. Asking Price: Annual Revenue: $199,000: $550,000: Miscellaneous: Non-classifiable Copyright 2023 ProfitableVenture.com | All Rights Reserved | See About Us | Privacy Policy | Disclaimer. Also, the goal is to continue to invest the profits from one franchise to buy another one. SEMI-ABSENTEE OWNER JUICE BAR FRANCHISE - SC2107 Folsom, CA Sacramento County. As of 2018, the company operates 103 franchises in the United States. This business connects students with their dream tutors and conducts one-on-one sessions depending on the childs needs. Plus, the company offers online scheduling via a mobile app. Whatever your Salon goals, Touch n Glow has a model for you. The Parent Company of Baby Boot Camp is Inspiring Wellness LLC and they are seeking new franchise units from interested investors all across the United States of America. Edible Arrangements for Sale Established business Ideally located $198,579 - Louisiana View Full Listing. If you want to be successful, there are some key points that you need to understand about owning an absentee-owner franchise. Absentee Owner! Below you can rename your search, choose your email alert frequency, and create an optional Buyer Profile. There is no room to diversify when you are in an owner/operator role because all of your time and focus is on managing and growing the business. 16 Best Import Export Franchise Opportunities and Their Cost, Ongoing Initial Franchise Fee: $18,500 $18,500, Net-worth Requirement: $150,000 $200,000, Liquid Cash Requirement: $70,000 $90,000, Ongoing Initial Franchise Fee: $39,750 $49,750, Veteran Incentives: 10% off franchise fee, Number of Franchise Locations 299 Locations, Ongoing Fees (Initial Franchise Fee) $5,000 $30,000. Peet's is a popular coffee brand known worldwide and now is the opportunity to own a leading coffee licensed store. With an initial investment of $10,500, photography enthusiasts can get training and assistance with business development and daily operations. Are you looking for an affordable franchise opportunity that can provide you with flexible work hours, high earning potential, and the chance to make a real impact on your community? Opening up a business franchise is one of the best ways to start your entrepreneurship career. Be wary of franchisors with a history of legal issues or complaints, as this can be a red flag indicating potential problems for franchisees in the future. Babies N Bells Inc. is seeking new franchise units from interested investors from all across the United States of America. Rare opportunity, 100% absent run, nets over $224K annually. You have to know how to delegate and relinquish control to your hire workers. Jani King was established in the 1960s as a comprehensive janitorial and commercial cleaning service provider. . Young Rembrandts educational services franchise startup cost is from $41.3K to $48.1K. Financing Assistance Yes, from the company. One of the courses at HBI was Old House Rehab, which introduced the art of inspecting and analyzing older houses. Include Not Disclosed Cash Flow (USD) Invalid range. 919k 2032 sales verifiable through the POS system and delivery apps. Franchise consultants, in particular, can be valuable resources for prospective franchisees. dog walkers and pet sitters are personally interviewed, trained, background checked, bonded and insured. The company provides various home repairs and installations to improve your homes indoor environmental cleanliness. : They are well on their way to creating a drone franchise model that allows the franchisee to quickly adopt and take charge of a ready to fly drone franchise business. Flame Broiler Franchise - Two (2) Units - 100% Absentee Run The Flame Broiler Franchise - Two Units - 100% Absentee Run - Seller Financing Financing available Great opportunity to own, well-established, short hours, easy operations, absentee run . In 2019 they plan to open up 30+ new locations. Out of Cot franchisees would receive training, support, defined territory, office and administration assistance via manuals and equipment training, POS software and training, local area marketing guidance, staff recruitment and management (HR) via manuals, accounting and payroll assistance, supplier management key lists of approved suppliers etc. Thats why theyre one of the best franchises under 50k. Jazzercise franchise startup cost ranges from $3.7K to $32.8K. Over the last 12 years they have built up over 19 territories under license in 5 US states in 3 Countries. Previously known as the American Pool League, Busch Pool League, Bud Light Pool League and the Camel Pool League, the APA now sanctions and oversees the APA 8-Ball League and APA 9-Ball League in the United States, the Canadian Poolplayers Association in Canada and the Japanese Poolplayers Association in Japan. They have their corporate head office at 1329 N.E. Although the semi-absentee owner must regularly check in and help when necessary, they still have ample time to pursue other positions and opportunities in the workforce. Type 1 hood. You can also maintain your own identity by choosing your own name, developing your own marketing concepts, and making your own business decisions while still being a part of the Le Gourmet Gift Basket, Inc. family. If you have the capital to invest in an absentee-owner franchise, now is an excellent time to start. They have their corporate head office at 4001 Grant Blvd. Snapology will provide all of the tools necessary to operate and manage a successful business. TSS doesnt charge a royalty fee, either. After the birth of her first child in 2001, Kristen Horler called on her experience as a fitness instructor and personal trainer to start Baby Boot Camp. Absentee Owner, The Seller took over this gas station in March 2022. You can expect to pay around $50,000 in net franchise fees. Absentee Businesses For Sale In New York - VestedBB.com. Several people feel they need at least $100K to enter the franchising industry. As a mother of three, she found herself attending countless, generic birthday parties, noticing that each one was essentially the same. One of the most vital factors to consider when purchasing a franchise is the financial investment required. The company offers both master and unit franchise opportunities. Daves the Doghouse LLC was founded in 2002 and they have been franchising since 2014, about 5 years ago. Dog training startup cost: $41,83K $124.9K. So your original investment keeps investing in more asset accumulation with the hope that one day you wont have to work at all. As an investor, you have to rely heavily on your manager to find and retain the right people to get the job done. If you want to join in on the fun, HealthyYOU Vending is the prime business to invest in. As an area developer or franchisee, you work directly with the CEO and help homeowners maintain their homes. Semi-Absentee Owner Operated Sporting Goods Sto For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. Children in Amazing Athletes routinely gain greater confidence, learn to combine fitness with fun, and develop 7 key motor skills. Its affiliated with Habitat of Humanity, an international organization that champions green living. If you are looking to start an absentee owner business idea to begin your path to entrepreneurship, you are in the right place. Top 8 Absentee Businesses You Can Start - Best Financier Its also an incredibly profitable franchise opportunity. Read on as we discuss the most profitable franchises under 20K to help you get started on the road toward entrepreneurship.