Top Franchises Under $100K to Start in 2024
Explore exciting franchise opportunities under $100K, featuring impressive unit growth. Discover unique business models across various industries and embark on your entrepreneurial journey without the financial burden of starting from scratch.
Table of Contents:
Introduction
In the ever-evolving world of entrepreneurship, franchises under $100,000 present an exciting opportunity for aspiring business owners in 2024. These franchises are particularly appealing due to their impressive unit growth over the last three years, making them viable options for anyone looking to enter the market without facing the substantial financial burden of starting a business from scratch.
This curated list highlights franchises that not only fit within the sub-$100K investment range but also demonstrate remarkable growth. By choosing these franchises, entrepreneurs can step into established business models that have proven their expansion and appeal across the United States.
Franchises Under $100k
Whether you’re interested in service-oriented ventures or product-based businesses, these franchises represent a diverse array of industries. Each offers a unique opportunity for ambitious individuals to transform their entrepreneurial dreams into reality, supported by robust growth potential.
The Patch Boys
- Specialization: Drywall Repair
- Total Investment: $59,000 – $90,000
- Franchise Fee: $29,500
- Unit Count: 298 across the U.S.
- Founded: 2018
The Patch Boys excels in drywall repair, targeting a niche market with low competition. This franchise caters to high demand in both residential and commercial sectors, making it a compelling choice for aspiring franchisees.
Schooley Mitchell
- Specialization: Cost Reduction Consulting
- Total Investment: $71,000 – $81,000
- Franchise Fee: $68,000
- Unit Count: 2011 units
- Founded: 1994
Schooley Mitchell is a leader in cost reduction consulting, helping businesses save money on essential services while maintaining quality. This franchise is ideal for individuals passionate about finance or consulting.
Motto Mortgage
- Specialization: Mortgage Brokerage
- Total Investment: $61,000 – $90,000
- Franchise Fee: $35,000
- Unit Count: 234 units
- Founded: 2016
Motto Mortgage is transforming the mortgage brokerage landscape by offering transparent and efficient mortgage solutions. This franchise appeals to those interested in the finance sector and helping others achieve their homeownership dreams.
Oxi Fresh Carpet Cleaning
- Specialization: Eco-friendly Carpet Cleaning
- Total Investment: $51,000 – $81,000
- Franchise Fee: $45,000
- Unit Count: 479 units
- Founded: 2006
Oxi Fresh leads the way in environmentally friendly carpet cleaning. This franchise is perfect for eco-conscious entrepreneurs seeking to provide green cleaning solutions in their communities.
i9 Sports
- Specialization: Youth Sports Leagues
- Total Investment: $660,000 – $770,000
- Franchise Fee: $25,000
- Expansion: Significant growth
i9 Sports stands out in the youth sports franchise sector by offering a community-focused approach to sports programming. Known for its emphasis on fun, safety, and convenience, this franchise provides an alternative to traditional competitive youth sports, making it an excellent choice for those passionate about youth development.
Conclusion
Franchises under $100K for 2024 and beyond not only provide affordable entry points into entrepreneurship but also serve as gateways to fulfilling your business ownership aspirations. Each franchise offers a distinct business model across various industries, ensuring that there is something for every aspiring entrepreneur.
Investing in a franchise is more than just a financial decision; it’s a strategic move toward achieving personal and professional goals. Explore the options available on Vetted Biz to find the franchise that best aligns with your vision and budget.
