Low-investment franchise brands may cost less than some of the big names in franchising but they have a significant presence in the market, according to a new report out today from Franchise Business Review.
â€œWhen people hear the word â€˜franchise,â€™ itâ€™s often the big food brandsâ€”McDonaldâ€™s, Dunkin Donuts, Papa Johnâ€™sâ€”that come to mind. But itâ€™s the low-cost franchise opportunitiesâ€”those with an average investment of less than $100,000â€”that are among the most popular and sought-after,â€ writes Franchise Business Review.
Franchise Business Reviewâ€™s annual reportâ€”Low-Cost Franchisesâ€”looks at lower cost franchise opportunities and names the top companies based on franchisee satisfaction. It also looks at the types of businesses that fall under the low-cost umbrella, what franchisees can really expect from their investment, and what the pros and cons are to investing in a low-cost franchise.