If you want to start your own Situs judi business, you don’t have to do it entirely from scratch. When you open a franchise location, you rid yourself of some of the difficult tasks of starting a business, such as coming up with a name, building your brand and developing a business plan.
However, franchises vary greatly in many aspects, especially startup costs. Even though opening a franchise is generally cheaper than establishing a new brand and business from the bottom up, some franchises are much more profitable than others. Read on to learn which franchises are the cheapest to open and how much to expect in startup costs and fees for both household-name and lesser-known brands.
What are the cheapest franchises to buy in 2020?
If you are basing your decision on which franchise to open mainly on costs, it is important to have an idea of which ones have the cheapest point of entry. Keep in mind that, even after you open your business, you may have to pay an advertising fee, royalty fee or other recurring costs. Here are some of the cheapest franchises to start:
1. Cruise Planners
Franchise fee: $10,995
Initial investment: $2,095 to $22,867
Royalty fee: 1% to 3%
Type of franchise: Travel
Cruise Planners may have less brand recognition than other franchises, but it certainly costs less to open. You’ll pay between $2,095 and $22,867 – significantly less than a McDonald’s or Dunkin’ franchise – to start your own Cruise Planners location.
Franchise fee: $1,250
Initial investment: $2,500 to $38,000
Royalty fee: 20%
Type of franchise: Fitness
The fitness brand Jazzercise – which has somewhat faded into cult status from its 1980s mainstream prominence – made $2 billion in gross sales in 2019. And with franchise location startup costs of between $2,500 and $38,000, according to HubSpot, you don’t have to spend much to get in on the brand’s massive revenue.
3. Help-U-Sell Real Estate
Franchise fee: $15,000
Initial investment: $29,650 to $67,650
Royalty fee: 6% of all commissions, according to CNBC
Type of franchise: Real estate