08 Sep, 2017
Franchise Investments Opportunities
Franchise investments opportunities
Starting a franchise in these down economic times can be challenging. But the challenge of owning a franchise can be turned into an opportunity by focusing on the kind of businesses that are perfectly suited for the times. Here are five great franchise investments opportunities.
Subway
Entrepreneur magazine chose Subway as the Number One Global franchise in 2010, and for good reason. Subway's $5 menu and its marketing strategy have branded it as a healthy place for a family to eat on a budget. Over the last ten years the company has seen consistent growth and profitability. Minimum investment is $95,000 and store locations require minimal real estate space. A valued feature of this investment is that franchisees are allowed to pick their own location. If you're thinking about owning a franchise Subway is a good way to start.
Home Instead Senior Care
With baby boomers near retirement, home healthcare is projected to expand dramatically over the next 10 years. Home Instead Senior Care provides everything from part time to live-in non- medical services for seniors who need help in their home. Total franchise investments opportunities for starting a Home Instead Senior Care franchise are a maximum of $120,000. This business can be run with as few as two employees and has shown a 10 percent growth every year since 2006.
7 Eleven
Forbes magazine picked 7 eleven franchises as one of the five best investment opportunities of 2010. If you're considering owning a franchise this is a good choice. Startup costs can be as low as $40,000, and the company offers a generous in-house financing program. With lending institutions so tight on credit lines these days, 7 Eleven also offers owners an in-house revolving credit line for set-up costs, inventory and expansion.
Supercuts
Another down-economy winner and good idea for starting a franchise is Supercuts. About 2,000 franchises offer top-quality hair styling for their patrons at cost conscious prices. This is one reason, while many salons are going out of business, Supercuts salons are thriving. Startup costs have been as high as $100,000 but with lower real estate costs that figure may be lower.
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If you're thinking about owning a franchises all of these franchise investments opportunities because they are relatively recession proof. Each represents businesses that will remain in demand regardless of fluctuations in the economy, require reasonable startup investments, and have proven track records. Of course, for any franchise to be successful the right owner is required but you know you can supply that.
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