Franchises

2016 Top 100 Low Cost Franchises

2016 Top 100 Low Cost Franchises
Image credit: Klaus-Dieter Thill / EyeEm | Getty Images
Magazine Contributor
1 min read

This story appears in the August 2016 issue of Entrepreneur. Subscribe »

They say it takes money to make money—and, well, they’re right. But does it have to take a lot? Not according to our 100 top low-cost franchises that can be started for less than $60,000. These lower startup costs aren’t just a boon to potential franchisees. Offering a more affordable opportunity gives franchisors a larger pool of candidates to choose from, allowing them to be more picky about who gets a franchise, with a focus on attributes beyond mere financials. So what type of person are these companies looking for? People such as Diana Hurtado, who went from a part-time dog-walking job to owning a thriving business. These companies are ranked based on their score in Entrepreneur’s 2016 Franchise 500, which is determined by objective, quantifiable criteria, including system size, growth and financial strength and stability. Keep in mind that this list is not intended as a recommendation of any company. Whether a franchise costs $1 or $1 million, do your homework, read the company’s legal documents, consult with an attorney and an accountant and talk to existing franchisees.

View the Top Low Cost Franchises 2016 »

More from Entrepreneur

Jason's expertise and experience can help you with storytelling, motivation, and pitching your business to media.
Book Your Session

For a limited time only, get this bundle of Entrepreneur PressĀ® titles for less than $30 (60% OFF) on our bookstore when you use "LEAP" at checkout.
Buy Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.