The International Franchise Asso-ciation says that franchising is a way you can be in business for yourself but not by yourself. When buying a franchise, you are guided every step of the way by the franchisor: They will help you find the location, build the store or facility, provide the uniforms, signage and systems to conduct the business. Many entrepreneurs find franchising a great way to start a business, especially if they have no experience in running a company.
In buying a franchise, you are purchasing a proven system of doing business and must follow the system down to every detail. It is important that you conduct your own due diligence research to make sure the franchise is right for you. Examine the terms carefully, including start-up fees, terms for franchise relationship, and financing options. This feature presents 75 franchises for you to review.
The top 10 franchise trends for right now are businesses that are related to: pets, tutoring, senior care, health & fitness, commercial & residential cleaning, spa services, vintage stores and resale shops, child care, low-cost food options such as sandwich shops and businesses related to kids such as shuttle services, birthday parties and special events.
In this issue we also provide a list of more than 150 business opportunity packages for you to consider. A business opportunity, unlike a franchise, enables you to purchase the tools and resources from a business entity, but you are free to name the business anything you want, dress how you like, and run the company as you like. In our feature that begins on page 60, you’ll find more than 25 hot businesses to run from home that can be launched for $100 or less.
Money-making potential of a franchise or a business opportunity will be determined by the potential in your region of the world and how committed you are to making it a success. It is possible to make $1 million a year, even working at home, with either a franchised business or through a business opportunity.
Whether you choose to remain an independent business owner or become a franchisee, research is the single most important activity in making your decision. Without adequate information, you may end up making the most costly decision of your life. The IFA has put together steps you should consider if you are thinking of becoming a franchisee:
Steps For Beginning A Franchise:
• What Business?
• Is there a market?
• Can you afford it?
• Can you make enough money to make it worthwhile?
What Business Should You Start?
Sometimes people start a business because they think they’ll make a lot of money, only to find out that they do not enjoy the business. The adage, “know thyself” certainly applies here. You should start a business in an industry that you will enjoy for the next 10 to 15 years.
• What do you like to do? (interests and hobbies)
• What do you know how to do? (experience)
• What do you do well? (special skills and talents)
• Which industry(s) involve your interests and use your skills and talents? (For ideas, refer to IFA’s Franchise Opportunities Guide’s listing of industries in the table of contents.)
• What products or services could you sell in this industry(s)?
• Would you rather sell a product or service?
• What products or services would you like to sell the most?
“Find something you love to do and you’ll never have to work a day in your life.” -Harvey Mackay
Determine If There Is A Market
All Successful businesses must:
Satisfy a need or Solve a problem or Respond to a trend
Before starting any business, determine if there is a market for your product or service.
Conducting market research:
• How many potential customers are in your area?
• Will your product or service sell?
– What need does it satisfy?
– What problem does it solve?
– What trend or fad does it address?
• What should the appropriate pricing be?
• Who are your competitors?
• How many competitors do you have?
• What do they offer?
• How will your product or service be unique?
• What marketing niche can you capture?
Make profit potential your most important consideration.
In order to start a business, you have to have money! In order to stay in business, you have to make money! The single most common reason new businesses fail is that they did not have enough money to begin with! Don’t forget the old business adage: “It takes twice as long and costs twice as much!”
Costs to consider:
Estimate your start-up costs:
• location design and construction
• professional fees
• equipment and fixtures
• opening inventory and supplies
• pre-opening labor
• opening advertising and promotion
Estimate how much working capital you will need (the money you will need until the business becomes profitable—include your living expenses, if necessary):
• interest on a loan, if applicable
Brainstorm where you might be able come up with money:
• savings and investments
• a partner
• selling personal assets
Estimate the profit potential for the
• profit (income – expenses)
Think about the amount of time and energy it will take to make the business successful. Make a decision as to whether you think you can make enough money to make the entire venture worth your time and energy.
75 Franchises To Consider Now
Alamo Drafthouse Cinemas: Alamo provides a unique combination of theater and restaurant, showing both first-run and independent films.
$$$: $1,250,000 – $2,785,000
All Tune And Lube: Total car care.
$$$: $11k startup cash is required.
Total investment: is $150k
Alta Mere Toys For Your Car! Complete auto aftermarket line of accessories including security, video, GPS, and paint protection.
Total investment: ranges from $131,482-$164,382
American Ramp Systems: Low priced ramps for disability access to enable the aging and disabled population to remain in their homes.
$$$: $75k startup cash;
Total investment: $200k
Aussie Pet Mobile: Mobile pet grooming service.
$$$: $35k-$75k startup cash;
Total investment: $63,437-$124,687
Bevinco: An independent profit control and revenue enhancement service for bars and restaurants.
$$$: $46,900 – $50,900
BounceU: Indoor private events facility.
$$$: $75k-$125k startup cash
Total investment: $126,647-$624,896
Budget Blinds: Window coverings.
$$$: $55k-$150k startup;
Total investment: $79,240-$153,070
Carvel: Retail frozen dessert store.
$$$: Total investment range is $230,624-$390,124
CertaPro Painters: The largest commercial and residential painting company in North America.
$$$: $129,000 – $154,000
Chem Dry: Carpet cleaning with patented Hot Carbonating Extraction system.
$$$: $11,950-$40,750 startup;
Total investment: ranges from $27,950-$250k
Christmas Décor, Inc. Professional holiday, landscaping service.
$$$: The total investment ranges from $11k-$50k
Coffee News: Weekly publication run from home.
$$$: Contact the franchisor for details.
ComForcare Senior Services: A premier franchised provider of private-duty, non-medical home care.
$$$:$67,500 – $87,500
Comfort Keepers: An international franchise concept that provides in-home care for seniors, new mothers or other adults needing assistance.
$$$: $56,000 – $79,700
Computer Explorers Turnkey, biz-to-biz computer tech education programs to public and private schools, daycare centers & more covering all phases.
$$$: $35k-$49,500 startup.
Total investment: $62,925-$73,250
Contours Express: Fitness Center designed for women that uses medically-recommended weight-bearing equipment.
Total investment required ranges from $34k to $49k
Cost Cutters Family Hair Care Value priced, quality hair services and products for the family.
$$$: $76k-$184,800 startup cash required.
Coverall Cleaning Concepts: Commercial cleaning service.
$$$: $3950 to $27,200 startup.
Total investment: $10,750-$32,200
Crack Team (The) Foundation repair specializing in the use of epoxy-injection.
$$$: The total investment is $38,600 to $69,100
Creative Colors International Repair and reconditioning of leather, vinyl, fabric, plastics and carpeting in the automotive and commercial markets.
$$$: Startup ranges from $19,500 to $27,500;
Total investment: $37,500-$71,400
Cruise One, Inc. Cruise-only travel enterprise.
$$$: $9,800 startup.
Curves Thirty-minute fitness and weight loss centers for women.
$$$: Total investment required ranges from $36,425 to $42,850
DirectBuild Franchising LLC: Consulting programs to clients that enable them to build or remodel a home without using a contractor.
Dollar Discount: Dollar stores.
$$$: Startup is $20k-$30k
Total investment required ranges from $99k to $195k
Dr. Vinyl & Associates, Ltd. Vinyl repair and conditioning, plus leather, plastic and windshield repair.
$$$: Startup ranges from $15k-$20k;
Total investment: $44k to $69,500
DreaMmaker Bath & Kitchen: Bath and kitchen remodeling.
$$$: $87,500-$314,500 startup;
Total investment: is $112k-$339k
Driveway Impressions: Decorative and architectural features.
$$$: $50k-$65k startup;
Total investment: $150k-$205k
Dunkin Donuts: Coffee and baked goods.
$$$: $240,100-$1.667 million total investment.
Edible Arrangements: Fresh fruit bouquets.
$$$:$50k startup cash;
Total investment: $150,950-$291,200
EduFit Franchise, Inc. A franchised fitness concept providing convenient, appointment-based personal training services at reasonable prices.
$$$: $164,500 – $281,000
EmbroidMe: One-stop shop for custom embroidery, screen printing, promotional products, personalized gifts and other items.
$$$: Startup ranges from $43k-to $48k;
Total investment ranges from $179k-$185k
Express Employment Professionals A sales business focused on the desire to help businesses and job seekers through temporary staffing, professional search and HR solutions.
$$$: $153,750 – $241,500
Express Oil Change, LLC: A leader in the quick-lube and auto service industry.
$$$: $300,000 – $350,000
Fantastic Sams Hair Salon: Full-service hair salon for entire family.
$$$: $50k-$75k startup.
Total investment: $125k-$231k
Flip Flop Shops: The Sunglass Hut of Flip Flop Shops
$$$: $25k startup cash.
Total investment: $167,300-$245,500
Floor Coverings International: Floor Coverings International is a mobile, shop-at-home floor-covering retailer.
$$$: $150k startup.
Future Stars Sports Photography: Sports photos and school pictures.
$$$: $19,500-39k startup.
Total investment: $19,500-$45k
Geeks On Call: On-site computer solutions for businesses and residential clients.
$$$: $60k-$121k startup.
Total investment: $60k-$180k
Glass Doctor: Glass replacement for homes, businesses and autos.
$$$: $75k startup.
Total investment: $109,681-$261,681
Golftec: Lessons and instructions.
$$$: $35,000 startup cash.
Total investment. $111,475-$427,675
Grout Doctor: Maintenance and repair of grout.
$$$: Total investment ranges from $19,280-$34,075
Growth Coach (The): Small business coaching, goal-setting franchise.
$$$: $7k-$33,900 startup.
Total investment: $38,200-$58,400
HobbyTown USA: World’s largest retail hobby franchise offering hobby, toy and entertainment products.
The total investment:$175,000 to $350,000
Home Helpers: Home-based non-medical & personal care for the elderly.
$$$: $7k to $31,900 startup.
Total investment: $41,700 to $73,300
Home Instead Senior Care: Companionship and home care services for the elderly.
$$$: $39,050 to $52,050 total investment.
HomeTeam Inspection Service: The leading residential home inspection service in North America.
$$$: $58,000 – $71,500
House Doctors: A nationally franchised, professional handyman service and a leading property repair, remodeling and maintenance company in North America.
$$$: $86,000 – $112,500
Jan-Pro Cleaning Systems: Commercial cleaning.
$$$: $950-$36,500 startup required.
Jani-King International, Inc. World’s largest commercial cleaning franchise.
$$$: $2,000 to $70,300 startup.
Total investment: $8,170 to $74,000
Jet Black: Beautifies and maintains asphalt & concrete pavement.
$$$: Total investment ranges from $35k -$100k
JumpBunch, Inc.Preschool and school age sports and fitness programs held at day care centers and other venues.
$$$: The total investment required is $35,200 to $41,200
Just-A-Buck: Diverse selection of quality merchandise for just-a-buck.
$$$: Total investment ranges from $136,900 to $228,200.
Kennelwood Pet Resorts: Safe & healthy pet boarding.
$$$: $55k startup cash.
Total investment: $799,287-$1,059,499
Kinderdance: Dance, gymnastics, motor skills for kids.
$$$: $12,000-$40,000 startup.
Total investment: $14,950-$46,100
Kindergolf PTE LTD: Children’s golf.
6583226168/ fax 6562421398
The company is based in Singapore.
$$$: visit the website for information.
Kitchen TuneUp: Residential and commercial remodeling business offering cabinet refacing, new cabinetry, tub lining systems, closet organizers and more.
$$$: The total investment ranges from $83k-$90k
Lawn DoctorTree, shrub, lawn care services.
$$$: $60k-$74,900 startup.
Total investment: $89k-$99,900
Liberty Tax Service: Computerized tax preparation service that specializes in electronic filing and refund loans.
$$$: Total investment ranges from $35,350-$63,900
Liquid Capital Corp. An international network of franchise owners or “principals” who help small and medium-size businesses grow and succeed through factoring.
$$$: $50,000 – $130,000
LTS LeaderBoard Tournament Systems Ltd. Uses cutting-edge proprietary software technology to transform the way charity, corporate and pro-am golf tournaments are scored and managed, making them more entertaining and profitable. Utilizing a unique scannable scorecard that makes it possible to computes 100 percent accurate tournament results in just minutes, LTS
$$$: Startup ranges from $18k -$71,100
MAACO Franchising, Inc. “America’s body shop” with nearly 500 franchised locations across the continent boasting systemwide sales that approach $500 million.
$$$: $385,000 – $472,000
McAlister’s Deli: McAlister’s Corporation Quick/casual restaurant chain featuring efficient counter ordering, attentive table service, high-quality deli-style foods (sandwiches, spuds, salads) and great price value.
$$$: $400,000-$1,475,000 total investment.
McDonald’s Corporation: Quick service restaurant.
$$$: The total investment ranges from $551,750-$1,791,000
Meineke Car Care Centers, Inc. A full-service automotive maintenance and repair franchise specializing in brakes, maintenance services and general repair.
$$$: $182,000 – $427,000
Merry Maids: Maid service.
$$$: $21k-$29k startup.
Total investment: $26,350-$57,450
Mountain Mudd Espresso: Specialty coffee kiosk.
$$$: $66k-$203,500 total investment.
Nerd Force: Mobile computer and technology service.
$$$: $30k-$54k total investment.
Nitelites Outdoor Lighting: Residential and commercial outdoor lighting.
$$$: $84k-$164,050 total investment.
Nutrilawn, Inc. Lawn care service offering minimal or no pesticide treatments to primarily residential homeowners.
$$$: $75k to $125k total investment required.
Oreck Franchise Services, LLC: Oreck Clean Home Center featuring innovative and quality products for home care.
$$$: $30k startup.
Total investment: $171,800-$230,500
Outdoor Lighting Perspectives: Residential and commercial architectural and landscape lighting and lighting control automation.
$$$: total investment $77,500-$215,000
OXXO Care Centers: Boutique-style more eco-friendly dry cleaners.
$$$: Total investment range $100,000-$1 million
Panchero’s Mexican Grill: A quick-service, fresh-Mexican franchise concept featuring homemade tortillas.
$$$: $305,175 – $629,000
Paws & Remember LLC: Pet memorialization and cremation.
$$$: Contact the franchisor for information; in biz since 1997, franchising since 2007.
Perma-Glaze, Inc.: Multi-surface restoration, specializing in the renewal of worn or damaged kitchen fixtures and bathrooms.
$$$: Startup $3,500 to $5,000
Total investment: ranges from $29,500 to $42,500
Pirtek USA: Pirtek is the world’s leading service provider of ETA 1 Hour On-Site Hose Replacement centers and a fleet of 1,500 mobile units
$$$: $120k-$150k startup;
Total investment: $500k-$600k
Printwear Xpress Franchising Corp. Personalized branded apparel.
$$$: Startup $40k-$50k;
Total investment: $148k-$170k
Retrofitness, LLC: A chain of 1980s-themed fitness centers with exciting and affordable workout environments for all fitness enthusiasts.
$$$: $638,900 – $1,452,000
ShelfGenie: A franchise concept that designs, builds and installs Glide-Out shelving systems
$$$: investment range is $70,100 to $125,500
Sign-A-Rama: World’s largest sign franchise.
$$$: $44k-$46k startup.
Total investment: $148k-$155K
Signs By Tomorrow: Visual communications consultant that utilizes state-of-the-art sign-making technology to offer a wide variety of customized sign products and services that provide creative and affordable solutions to businesses.
$$$: $19,000-$263k total investment.
Smoothie King: Smoothies, nutritional snacks, vitamins under one roof.
$$$: Total investment ranges from $148k -$229k
Spring-Green Lawn Care Corp. Delivers lawn and tree care services nationwide, to both residential and commercial customers.
$$$: $ 87,650 – $98,840
Steamatic, Inc. Cleaning & disaster recovery services worldwide.
$$$: Startup $25k-$80k
Total investment: required $55k-$150k.
Subway: Freshly made sub sandwiches and more.
$$$: Total investment ranges from $101,500-$195k.
Supercuts: Value hair salon owned by Regis Corporation.
$$$: Net worth of $300k and liquid capital of $100k req.
Sweet & Sassy: Children’s retail, spa and party.
$$$: In business since 2004, franchising since 2005.
Contact company for details.
Tasti D-Lite: The world’s leading provider of great tasting, good-for-you frozen desserts.
$$$: $253,700 – $431,410
TSS Photography, Inc. Youth sports, school and event photography.
$$$: Startup range $15,500-$29,660.
Total investment: $38,750-$74,150
Value Place: An economy extended-stay lodging and short-term residential property brand.
$$$: $3,500,000 – $7,000,000
We The People: We The People is a franchised high-quality, affordable legal document preparation service for consumers who choose to represent themselves in simple, uncontested legal matters.
Wild Birds Unlimited, Inc. Largest retail franchise system specializing in backyard birdfeeding.
$$$: The total investment range is $98k-$154k
Young Chefs Academy: Cooking school for kids.
$$$: Total investment $89,350-$208k
10 FRANCHISES FOR 10K OR LESS
Franchisors are willing to cut entrepreneurs a break in this economy. Low-cost franchises are available and you can get started for $10,000 or even less. There are incentives for everyone, especially military veterans, women and minorities, so start shopping right here!
Bonus Building Care
Green biz are hot and you can open your own Green Cleaning franchise for as low as $7500.
Little Rock, AR
Opportunities to open a franchise begin at $7,000 depending on the size of the territory.
Carpet Dry Tech
You can open a franchise with $10,000. Contact the company for specifics.
You can open your own franchise with a down payment of $8,995.
Coverall Health-Based Cleaning
Boca Raton, FL
The company will work with franchisees on financing options.
Coral Springs, FL
The franchise fee for a Cruise Planners franchise is $9,995.
For as little as $1,000 you can start your own Jazzercise.
The company pioneered windshield repair and offers franchises for a down payment of $10,000.
Quiznos has been in business for more than 30 years and with nearly 3,500 restaurants worldwide.
System4 Commercial Cleaners
Start your own commercial cleaning franchise for as little as $2,000 or even less.
eBay Small Business Center & sbomag.com Perfect Together!
We are proud to announce that the new eBay Small Business Center has invited
Small Business Opportunities to become one of their top content providers along with the U.S. Small Business Administration and the National Federation of Independent Business Owners. We’ll also be providing content to the eBay Tax Center along with the IRS.
You can follow our features on the eBay Small Business Center by
GREAT RESOURCE FROM THE IFA
The International Franchise Asso-ciation (IFA) is a treasure trove of information and knowledge for anyone considering the purchase of a franchise. The IFA publishes the Franchise Opportunities Guide® that is a wonderful source for information on franchising options.
The Guide provides company, contact and background information on all franchisor and supplier members of the International Franchise Association. To order a copy or to learn more about the IFA, visit http://www.franchise.org
$100 MILLION A YEAR JUNK REMOVAL KINGSETS SIGHTS ON ONE-DAY PAINTING CONCEPT:
BRIAN SCUDAMORE, FOUNDER & CEO
Brian is best known for being the founder of 1-800-GOT-JUNK?, a company he started in 1989 and grew from $1 million in revenue then to the $100 million company it is today. 1-800-GOT-JUNK? is recognized as one of the world’s most successful franchises and Brian has been awarded several accolades including the International Franchise Association’s Entrepreneur of the Year award. And he is poised to create another $100 million brand – this time in painting homes.
The founders of 1-888-WOW-1DAY! Painting are Brian Scudamore and Jim Bodden. Brian is best known for creating the world’s largest junk removal service, 1-800-GOT-JUNK?, a global company with over 200 franchises in North America and Australia. The concept for Brian’s new company fell in his lap when he needed to get his house painted in 2010. Brian met Jim Bodden, the owner of One Day Painting, who said he could complete his job in one day. When Brian arrived at his home at the end of the appointed day, he found that the job had been completed, was of high quality and there wasn’t any mess. It was then that Brian knew he had found his new home service business. By the end of 2010, Brian had bought Jim Bodden’s company and 1-888-WOW-1DAY! Painting was created with the first franchise, owned by Jim, opening in Vancouver, BC.
SUCCESS STORIES of mail order startups
Alibaba.com is a website that mail order entrepreneurs can use to find products, suppliers and manufacturers for their mail order enterprise. Here are three success stories on how small business owners used Alibaba.com to launch and grow their businesses.
Sisters that turned their hobby into a million-dollar business: While shopping for scrapbooking supplies in 2003, Caroline and Deborah Lau became frustrated with the lack of unique items available. They created Maya Road to try to fill that void, and used Alibaba.com to help them jumpstart their business. Caroline says, “We taught ourselves international trade with Alibaba.com’s help and it was easier than we could have imagined. Today, Maya Road merchandise is carried by 1500 stores worldwide.
A small company selling flags out of a basement now has 100 employees: Kevin Hickey says, “Alibaba.com has helped us grow by enabling us to purchase high-quality, low-cost products from abroad with little or no research costs.” Today, Online Stores is expanding at an incredible rate with more than 100 employees. The company says, “What recession? Our sales are up 20% and we are making more money than ever.”
A ball and a dream lands in the hands of thousands: About five years ago, Mary Pembleton, a speech therapist in New Jersey, decided to integrate a ball into her sessions with kids that became an instant hit. She knew she would have to create the ball herself because it didn’t exist. Using overseas suppliers found on Alibaba.com, Mary and her husband Gregg created Thumball, hand-sized balls inscribed with messages. They created a prototype overseas and found suppliers to manufacture the product.