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.
“When people hear the word ‘franchise,’ it’s often the big food brands—McDonald’s, Dunkin Donuts, Papa John’s—that come to mind. But it’s the low-cost franchise opportunities—those with an average investment of less than $100,000—that are among the most popular and sought-after,†writes Franchise Business Review.
Franchise Business Review’s annual report—Low-Cost Franchises—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.