Check Out the Top 10 Franchises under 50k for 2023

Do you have $50K or less and are thinking about starting a franchise business? Several people feel they need at least $100K to enter the franchising industry. Surprisingly, starting a business as a franchisee may cost less than you think. So, if you’re looking for an opportunity that doesn’t cost a fortune, here are the top 10 franchises under 50K that you can consider. 

1. Skyhawks Sports & Supertots Sports Academy

If you love teaching sports to children, Skyhawks Sports & Supertots Sports Academy is the right franchise for you. You can get exclusive territories for athletic training programs at community-based organizations, including schools, parks, and recreational associations. Skyhawks sports camps and programs startup cost ranges from $30.8K to $71.75K.  

2. The Dog Wizard 

The Dog Wizard is a dog training franchise that offers various services, including obedience training, puppy training, behavioral modification, and guidance for dogs with aggression issues. They also have an intense training program for their franchise owners so they can grow. Dog training startup cost: $41,83K – $124.9K

3. Pillar to Post Home Inspectors 

Pillar to Post Home Inspectors is a home inspection franchise that helps buyers, sellers, and real estate agents by providing top-quality inspections. Their low up-front investment established processes, technologies, and ongoing support make starting a home inspection business easy. Their startup cost ranges from $44.2K – $54.4K.

4. Lil’ Angels Photography

Photo studios and photo booth services are relatively cheap franchises. Lil’ Angels Photography Studio could be an excellent fit if you are a shutterbug and good with kids. As a franchisee, you can be your boss and help parents capture their children’s precious moments through professional photo sessions tailored to every stage of their development. 

Lil’ Angels Photography Studio kids and family photography startup cost starts at $39.5K. The fee includes equipment, supplies, marketing materials, and training.

5. Class 101

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? Class 101 is the right option, with a low investment requirement and a high return potential. This particular business is one of the leading language tutoring franchises in the country, helping to get high school students into better colleges and qualify for higher amounts of financial aid and scholarships. This language tutoring franchise has a startup cost of $45.8K – $63.3K.

6. Rooter-Man

Rooter-Man has several years of experience and offers homeowners a wide range of expert plumbing, septic, and drain cleaning services nationwide. They provide franchise owners with equity in their national brand, meaning your investment will appreciate over time. That’s why they’re one of the best franchises under 50k. Whether you want to operate as an independent franchisee or become an area developer with multiple territories, Rooter-Man has a low overhead, ongoing corporate support, and innovative training. The company offers franchising for as low as $49K. 

7. Young Rembrandts

Young Rembrandts are known for art education for children aged 3-12. Their unique method of drawing prepares youngsters’ brains for more advanced learning. From coloring to shading and line drawing, their lesson plans are carefully designed with students’ cognitive development in mind. If you decide you want to start a franchise with Young Rembrandts, you will receive one-on-one support from their team of art educators and business experts. Young Rembrandts’ educational services franchise startup cost is from $41.3K to $48.1K.

8. Window Gang 

Privately owned franchise Window Gang offers expert window, gutter, dryer vent cleaning, and pressure washing services. As an area developer or franchisee, you work directly with the CEO and help homeowners maintain their homes. With a long and proven track record, robust support system, and high earning potential, Window Gang makes it easy to get started in the exciting home services industry. That’s why they’re one of the best franchises under 50k.

Window services and chimney sweeping startup costs $40K to $125K. 

9. Action Coach

If you are a business-savvy person interested in helping entrepreneurs succeed, consider franchising with Action Coach. This company works internationally to provide business coaching services to help companies grow and thrive, no matter their industry. This coaching franchise has years of experience working with small businesses. The company offers practical guidance to help you launch and manage your franchise for as low as $48K.

10. Jazzercise 

With their signature dance-fitness workouts and personal training programs, Jazzercise provides franchisees with an established business model that offers an excellent return on investment. Whether you’re just starting or have years of experience in the fitness industry, 

Jazzercise is one of the top franchises for entrepreneurs who want to build a profitable business that helps people maintain a healthy lifestyle. Jazzercise franchise startup cost ranges from $3.7K to $32.8K.

Conclusion

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. As a future franchisee, research and ensure your chosen franchise is sustainable. More importantly, the highest-income generating franchise opportunity will best fit your needs and skill set. So, carefully weigh your options before diving into the franchise industry.