Details to consider when choosing the best franchise opportunity for your portfolio and your wallet
With a growing number of franchise options available, it can be difficult to know which is the best franchise opportunity for you. For both multi-brand Franchise Owners and first-time Franchise Owners, budget plays a major role in the brands they consider franchising with. Franchise Owners must consider not only initial investments, but also potential equipment costs, marketing and professional fees, and more. Costs can vary greatly depending on the industry you’re entering, the product you offer, the existing market and whether you’re the sole Franchise Owner, or you’re working with a partner, just to name a few factors.
If you’re in the market for a low-cost franchise opportunity near you, an Express Employment Professionals could be the perfect fit. When you own the #1 staffing franchise, you get to help members of your community find the right jobs for them. Plus, owning an Express franchise may come with a lower price tag and a higher return than you thought. If you need some convincing, here are some budget-focused questions you can ask yourself as you decide which brand is the best U.S. franchise opportunity for you.
What is the best low-cost franchise opportunity?
Unfortunately, there isn’t one correct answer to this question. The best franchise opportunity for you depends on factors like how much you are willing and able to spend, and which industry you want to be in. There are certain industries, such as staffing and recruiting, that typically have lower costs than others.
Broadly speaking, initial investments required to open an Express franchise range from $140K-$220K, depending on the model you choose. These figures are significantly lower than franchise costs in other industries such as restaurants or automotive. A quick service restaurant (QSR) can see initial investments that fall into ranges like $450,000 – $1,400,000, significantly higher than those of Express. One reason for this is because restaurant and automotive franchises rely on special costly equipment, as well as specific building prototypes that offer less flexibility than Express. Instead, we offer office-type flexibility and site selection assistance, resale opportunities and other resources our Franchise Owners rely on to see growth.
Express Franchise Owner Zak Kraehmer chose Express because he and his wife could grow with their franchise, and it ended up being the best franchise business opportunity they could have imagined. Kraehmer says, “It takes a lot of hard work and dedication, but it is a great opportunity for the right people. It’s a great opportunity to have a fantastic lifestyle for your family financially.”
What low-cost franchises are available near me?
The best U.S. franchise opportunities are the ones that continue to see growth. The important thing is to get in on the growth by becoming a Franchise Owner in your market before others do. Express has available territories across the United States, as well as in Canada and Australia. We’ve established ourselves as the #1 staffing franchise, leading a $212.8B* industry, all while remaining a relatively low-cost opportunity. Explore available Express territories near you to take advantage of one of the best franchise opportunities.
If you think owning an Express Employment Professionals is the best franchise opportunity for you and your budget, fill out the form below to get started.