Choosing a franchise opportunity is a huge challenge, especially when investing $500k. But it all depends upon how much research you are willing to spend time on, your interest, or your experience with the business. But it is not just the budget that should make you patient when choosing a franchise. If you are launching a new franchise business, you are looking for profits and a suitable business that offers high chances of success.
To aid your research journey, we have a few franchise opportunities for you that you can start under $500k.
- Window Medics
Window Medics franchise is one of the cheapest businesses to start up, which offers many ideal benefits to the franchisee. The franchise fee is a lot less than $500k but is equally worth investing your money in. Window Medics is a window and glass company specializing in window glass repairs and replacement in the US and Canada.
Window Medics offers a unique opportunity where you can be a sole dealer of the services, including the company’s patented defogging process. The defogging process attempts to clear the moisture trapped between glass panes and often requires the entire glass replacement if the glass becomes full foggy.
Window Medics franchise offers other benefits like royalty fee franchise structure and support, including marketing to the franchisees.
- Brick & Spoon
At Brick & Spoon, you get everything from quality meals to great entertainment. The company offers various types of meals like breakfast, lunch, brunch, etc. the restaurant is family-friendly and suitable for setting up in your neighborhood.
The Brick & Spoon franchisee units are not just offering good food to the neighborhood and an excellent opportunity for job seekers. The company has experienced its ups and downs during its business days and is one of the best franchisors to help you set up your business and get going soon enough.
Some benefits of the Brick & Spoon franchise include comprehensive training, legal support, accounting support, aid in location selection, equipment support, business setting up, etc.
- Ultimate Escape Game
Escape game rooms are quite a common game in most cities and places today. These rooms offer an adventure time to the players where they solve puzzles with teams to get out of the rooms. The Ultimate Escape Room is something similar, where you experience a complex and immersive concept.
The company started in 2015 in Atlanta, and its next service location is in Dallas, which was opened a year after launching. Some of the best features of Ultimate Escape Game are the missions that are based on museum heists or WWII code-cracking adventures.
One of the best reasons to choose the Ultimate Escape Room franchise is that it is a simple business model to follow or operate the business. You get training support and have a strong business operating model.
- Wag N’ Wash
Wag N’ Wash is the kind of business whose services are in-demand everywhere. The company offers services associated with washing, feeding, and pampering your pets like cats and dogs. They have trained members who are pet lovers also.
The company’s franchise opportunity offers training, operations, field support, marketing support, material, etc.
This business model has 4 revenue streams: retail centers offering toys and other suppliers, a pet bakery, self-service washing with the company’s shampoos, and grooming service.
- The Woodhouse Spas
Whether a stressful lifestyle or just a tired life, spa and wellness retreats can be memorable as they can be lifesavers. The Woodhouse Spa is a team of professionals who offers a memorable experience as you choose to spend some days of your life with them. You will have a therapeutic time from skin and body care treatments to luxury showers and facials.
In the Woodhouse Spa, you will feel reborn as a whole mind, body, and soul. While relaxation is something we all need in life at different times, the ones that make this experience memorable are important too. This is where you can see a business opportunity.
A Woodhouse Spa franchisee unit is needed in many parts of the country, and there is no doubt about the chances of success and profit. The franchise training trains you with everything important to offer your customers a health and wellness service.
Conclusion $500k is a perfect budget to invest in a franchise rather than starting your own business. Sometimes, you also get to keep all the income because your franchisor doesn’t want a royalty fee, making your business more accessible and profitable. Franchises like Window Medics have been a popular choice among upcoming entrepreneurs. If you think you are interested in joining the Window Medics franchise and know more details about the Window Medics franchise business, call 888-329-7116 or email at info@windowmedics.com.