So although you are steering the ship as an investor, your principal responsibility is to hire professionals who will take care of things correctly without the need for hand-holding and supervision. According to their website, their franchise fee of $6,000 is the lowest in the industry, and their franchisees would each receive support, training and instant friendships with other franchisees. That's over 22% ROI. Absentee Owner made $87,000 at this Cincinnati Dessert Franchise for Sale in the Cincinnati Market! Franchising affiliation offers you a fast and low cost profitable business opportunity. Franchises are considered superior to start-ups hence it is easier for absentee owners to thrive with this business model. All Fetch! Their startup cost ranges from $44.2K $54.4K. Your Search Alert has been added to your Saved Searches. GoLocal is a North Carolina based company that plans to operate all over the United States. You can expect to pay up to $100,000 to own a franchise. Snapology will provide all of the tools necessary to operate and manage a successful business. All Cities. Warrior Martial Arts Academy teach them to be serious competitors, not only in martial arts, but also in the stressful situations of life today. To ensure that you receive email alerts to your inbox, add searchagent@bizquest.com to your address book. Potential owners only require minimal training. That price covers home office support, insurance, and a six-day training course. Over the last 12 years they have built up over 19 territories under license in 5 US states in 3 Countries. Meanwhile, Best Choice Roofing is one of the best absentee owner franchises for home improvement. The executive/absentee owner, however, is the most hands-off type of ownership. : The company offers an excellent opportunity for those with artistic talent and an entrepreneurial spirit. Absentee Owner! If youre looking for a flexible and accessible franchise to own, Fetch! Over the past 20 years, they have seen steady growth and today their huts can be found in over 25 locations, across 7 states in the U.S. Naturals To Go is already in league with the best health food providers, lending you automatic credibility with health conscious consumers. Based in Charlotte, North Carolina, Jantize has been franchising since 1988. A Liberty Dollar Store is not a franchise. Initial Investment - $28,550Net-worth Requirement - $50,000, Liquid Cash Requirement - $30,000, Ongoing Fees (Initial Franchise Fee) - $19,900 - $19,900, Ongoing Royalty Fee - 6%+Ad Royalty Fee - Up to 2% Veteran Incentives - 10% off franchise fee. Entrepreneur Magazine reports that the average failure rate for new businesses in their first five years of operation is close to 65 percent. In 2019 they plan to open up 30+ new locations. Also, the goal is to continue to invest the profits from one franchise to buy another one. On the other hand, if you have experience in sales and marketing, a retail franchise may be a better fit. 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. How profitable are these types of businesses and is there a way for it to be owner absentee? Sitter4Paws is seeking new franchise units from interested investors from all across the United States of America. This organization competes in local, state, and national events keeping the level of Taekwondo high. Their stores have the same kind of huge international franchising structure like for example Hard Rock Caf with personalized range of products, changing on each city (t-shirt, hats, blazers, gadgets, backpacks etc. You can gain a lot by learning from the trial and errors of others. DUCTZ is a standard HVAC company that offer a complete inventory of indoor air quality products and services such air duct cleaning, ultra violet lighting, high efficiency filtration, air duct deodorizing, air duct sealing, dryer vent cleaning, evaporator coil cleaning, and mechanical system visual inspection and assessment. Central Courier is seeking new franchise units throughout the United States of America. The company also provides options for 1-3 years of support on billing marketing and software and an excellent training program. Its affiliated with Habitat of Humanity, an international organization that champions green living. It isnt always easy as an investor to turn things over and delegate every aspect of the operation. Amazing Athletes empower children by using sports as a catalyst to engage their inner strengths and abilities so they can confidently pursue an active lifestyle through each stage of development. Opinions expressed are those of the author. Aside from fixing garage doors, the company also provides locking docks to those who need them. They have their corporate head office at 1329 N.E. Save my name, email, and website in this browser for the next time I comment. Comparatively, franchised companies experience just 3 to 11 percent annual turnover. 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. In 1979, after several years on the professional circuit and with numerous titles under his belt, Terry Texas Terry Bell developed an idea for a centrally controlled nationwide amateur pool organization. Paint Bull- Home of the largest affiliation of Independent Mobile Automotive Restoration Business Owners in the United States. Financing Assistance Yes, from the company. GetintheLoop Local is among the top franchises under 20K that offers a digital franchise opportunity for those who are into sales and marketing. Rooter-Man has several years of experience and offers homeowners a wide range of expert plumbing, septic, and drain cleaning services nationwide. United States. After graduating from Syracuse and spending more than five years as a 2nd grade teacher, Wendy Orenstein-Berglass and her family decided to leave behind the fast-paced lifestyle of New York, moving to North Carolina. Jani King was established in the 1960s as a comprehensive janitorial and commercial cleaning service provider. 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. Owner currently spends 15-20 hours per week at this location making it . The key to building wealth is having multiple streams of revenue. The company has relationships with third-party sources which offer financing to cover franchise fee, and equipment. Fill out the form below. Franchisees providing home inspection services through BrickKicker can expect to make a total investment of $14,150 $32,950. 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. 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. Absentee Owner! Dara Craft had been working in the marketing and advertising agency when she gave birth to her first child. They offer all-around lawn care and gardening services to beautify homes and living spaces. Peet's is a popular coffee brand known worldwide and now is the opportunity to own a leading coffee licensed store. Meanwhile, Best Choice Roofing is one of the best absentee owner franchises for home improvement. On the other hand, if the education sector excites you, you cant go wrong with Tutor Doctor. With a proven business model and established brand recognition, franchises can offer a lower-risk option than starting a new business. Amazing opportunity to own one of the fastest-growing global burger franchises for a fraction of the cost of opening a new one. Rare opportunity, 100% absent run, nets over $224K annually. S. Concord, NC 28027 and the current CEO of the company is Jerry Grawboski. As an area developer or franchisee, you work directly with the CEO and help homeowners maintain their homes. Complete Weddings + Events is one of the leading wedding planning companies in the United States of America, they also offer photography, DJ, video, and photo-booth services for wedding ceremonies and engagement parties for couples. Instructors also provide classes for after-school programs, birthday parties and sports camps. One way to evaluate existing franchises in your area is to conduct a market analysis. As a mother of three, she found herself attending countless, generic birthday parties, noticing that each one was essentially the same. Three years later, the company changed its name to Babies N Bells Inc. Today, Babies N Bells creates invitations, announcements and thank-you notes for numerous occasions. One of the most vital factors to consider when purchasing a franchise is the financial investment required. Franchise owners often call it, "manager-run franchises." What are the best franchises for absentee owners? Save $3,250,000 Cash Flow: $1,075,848 Pecos, TX Contact View Details Young Rembrandts educational services franchise startup cost is from $41.3K to $48.1K. The reason is simple. Chagrin Falls, OH 44022. On the other hand, some of the best absentee food franchises are mobile trailer joints like DonutNV. Fetch! Check if the franchisor has been involved in any lawsuits or legal disputes, and if so, how they resolved those issues. The company sells their franchise for about $30,000 and you expected to also pay a smaller fee for any additional stores you choose to open thereafter. Franchising is not a business, but rather a way of doing business which is why interested investors who don't have the time to manage a business can become absentee franchise owners. Today, consumers can visit Saladworks in nearly 100 different locations in thirteen states and two countries. They can help you navigate legal requirements, financial considerations, and other important factors, giving you peace of mind and helping you make informed decisions.