Office & Professional Fees $900 $4,400, Grand Opening/Marketing Fees $1,500 $6,000, Total Estimated Initial Investment 32,425 $49,875, Initial Franchise Fee $15,000 $15,000, Ongoing Fees (Initial Franchise Fee) $9,000 $9,000, Monthly service fee 4% of gross weekly sales paid weekly, Marketing fee 2% of gross weekly sales paid weekly, Franchise Fee $30,000 Upfront $997 / Month, Conversion Fee $10,000 Upfront $497 / Month, Financing Available Yes, via third party, Ongoing Fees (Initial Franchise Fee) $18,000 $42,500, Veteran Incentives Up to 20% off franchise fee, Ongoing Fees (Initial Franchise Fee) $10,000 $30,000. They grow and keep a leading edge using the combined input from all Snapology locations. The company offers practical guidance to help you launch and manage your franchise for as low as $48K. Blue World Voyages offers luxury cruise vacations for families and couples in the Caribbean, Mediterranean, and other international destinations. Owning a franchise can be a lucrative business opportunity, but it requires significant time and money. Jazzercise franchise startup cost ranges from $3.7K to $32.8K. Potential owners only require minimal training. They offer in-house financing to cover only franchise fee. Scottsdale, AZ 85262 and the current CEO of the company is David Charen. As people become more health-conscious, demand for Vitality Bowls grows! Cannabis Store Amsterdam is the first worldwide brand totally dedicated to the cannabis industry producing an incredible range of cannabis items. The current owner of this franchise location has been operating the business from out of state for years as an absentee owner. Understanding your personality and strengths can identify which franchises are best suited for your skillset and increase your chances of success as a franchisee. Cheba Hut is the quintessential anti-corporation. Since 1998, they have broken the mold of mundane, fast-casual concepts and set themselves apart by becoming the first cannabis themed joint (pun intended). Their basic business aim is always to create a certain camaraderie around their sales. This analysis can include researching the demographics, assessing the competition, and identifying any gaps in the market that the franchise could fill. Finally, you can expect to pay $50,000 to $100,000 to own a franchise. What Is Absentee Ownership of a Franchise? Several other franchise industries can operate as a semi-absentee or absentee, such as: The only drawback to owning a semi-absentee or an absentee franchise is that you need to have financial resources from the start. As with any business endeavor, its important to research, carefully consider the costs and potential earnings, and choose a franchise that aligns with your skills and interests. Ongoing Fees (Initial Franchise Fee) $9,900 $9,900, Veteran Incentives 15% off franchise fee, Liquid Cash Requirement $20,000 $25,000, Ongoing Fees (Initial Franchise Fee) $28,600 $28,600, Veteran Incentives 25% off franchise fee, Ongoing Fees (Initial Franchise Fee) $6,000 $6,000, Veteran Incentives 50% off franchise fee, Ongoing Fees (Initial Franchise Fee) $19,900 $19,900, Veteran Incentives 10% off franchise fee, Ongoing Fees (Initial Franchise Fee) $15,000 $15,000. Just last year, the company earned a profit of $115 million. As a prospective franchisee, reviewing the FDD carefully and understanding the terms and conditions outlined in the document is crucial. The seller's menu and receipts are not included. GA Asking: $340,000 Absentee Owner Hot Wing Restaurant Rockdale County, GA Asking: $350,000 Jefferson's . Note: If youre a veteran, you can get $2,000 to $4,000 of their franchise fee. just $300k down to own this business! Ledo Pizza offers pizzas with a recognizable rectangular shape and thick-sliced pepperoni, appetizers, soups, salads, pastas, burgers, submarine sandwiches, calzones, desserts and other Italian favorites. Their flexible model will allow you to grow your business the way you wish based on your personal goals. Three years later, the company changed its name to Babies N Bells Inc. Today, Babies N Bells creates invitations, announcements and thank-you notes for numerous occasions. Are you a professional independent agent or a captive agency owner with a minimum of three to five years of experience? Dayton, OH 45459 and the current CEO of the company is James Mowery. They have their corporate head office at 4001 Grant Blvd. With their signature dance-fitness workouts and personal training programs, Jazzercise provides franchisees with an established business model that offers an excellent return on investment. The prospect of owning a franchise while still making money at your current position sounds great, doesnt it? Founded: 1999. Key employee w 10 years experience . Computer Troubleshooters franchisees provide managed services, cloud / hosted solutions, networking, software consulting, diagnostics and repair, data backup and recovery, security and other computer services to primarily small-business clients. On the other hand, some of the best absentee food franchises are mobile trailer joints like DonutNV. Comparatively, franchised companies experience just 3 to 11 percent annual turnover. The starting investment of the company is $100,000 to $250,000. Its also an incredibly profitable franchise opportunity. They have very little time outside of their franchise operation for anything else, mostly owning or operating another business simultaneously. Champions Martial Arts International Franchise started out as a family run Taekwondo school in New York. Motivated Seller, BRING OFFERS!! GetintheLoop Local is among the top franchises under 20K that offers a digital franchise opportunity for those who are into sales and marketing. You have to know how to delegate and relinquish control to your hire workers. Purchasing a franchise is a significant investment that requires careful consideration and planning. You can expect to pay around $50,000 in net franchise fees. With no franchise fees plus everything you need to start your business, this franchise opportunity could be a great option. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. The company is seeking new franchise units throughout the United States of America and Canada. Flame Broiler Franchise - Two (2) Units - 100% Absentee Run The Flame Broiler Franchise - Two Units - 100% Absentee Run - Seller Financing Financing available Great opportunity to own, well-established, short hours, easy operations, absentee run . A reasonable monthly rent of $8100 INCLUDES All your Utilities, Trash Removal and Water resulting in incredible profit margins. If you have the capital to invest in an absentee-owner franchise, now is an excellent time to start. Locations: 1210. . . You might also want to check any royalty fees and overhead costs before you get started. Sitter4Paws is seeking new franchise units from interested investors from all across the United States of America. Type 1 hood. The award-winning company has completed hundreds of roofing projects and has provided homeowners with top-rated services since 2009. After graduating from Syracuse and spending more than five years as a 2nd grade teacher, Wendy Orenstein-Berglass and her family decided to leave behind the fast-paced lifestyle of New York, moving to North Carolina. You can also maintain your own identity by choosing your own name, developing your own marketing concepts, and making your own business decisions while still being a part of the Le Gourmet Gift Basket, Inc. family. The most common type of franchise ownership, the owner/operator franchises, requires you to be involved in all aspects of day-to-day operations. ! TSS Photography has built a strong reputation as a go-to provider of youth and sports events and high school senior photography services. When buying a franchise business, evaluating existing franchises in your area is essential. "Absentee Owner" Fully STAFFED! Traditional franchises require that the owner is on-premises, wearing many hats and growing the business. Owner stops in once a week on Friday nights and profits $170,000! Lil Angels Photography Studio could be an excellent fit if you are a shutterbug and good with kids. If youre looking for a scalable pet care business with a high potential for success, Snaggle Foot may be the right franchise for you. ad id: 203233541243605; views: 1; date listed: today; price: $55,000.00. Oil Butler Intl. Dollar stores remain one of the hottest growth sectors in retailing, and for the last 20 years Liberty Opportunities has been helping people who want to drive their own success, become independent Dollar Store and Dollar Value Store owners. And thats because it does not take a while for business to hit off, especially if youre selling one of the most popular snack foods in the country. That means you get to hold on to more of what you make. Learning about the market and its growth can make informed decisions about the potential profitability and long-term viability of the franchise. Most owners get into the absentee owner businesses because of the flexibility the role has. Looking into purchasing an independent mailbox store. If someone needs mental help, Ellie will simply connect them to the nearest mental health professional linked with the local franchise. Upon completion, they are considered professionals in the business and will be recognized as an Air Systems Cleaning Specialist (ASCS). Northwest GA, Georgia, US Quick Sale Asking Price: $300,000 Furniture / Fixtures and Inventory / Stock included Sales Revenue: $646,000 Cash Flow: $58,000 Sales stability primed for growth! Also, the goal is to continue to invest the profits from one franchise to buy another one. Unlike owner/operator types, it isnt as important to look at concepts that appeal to your tastes. Paint Bull has been in operation since 1989 helping individuals become self-employed in the automotive restoration industry fixing minor damage on vehicles such as stone chips, key scratches, door dings, scuffed bumpers and more, virtually any cosmetic damage found on a vehicle. Oil Butler International Corp. was founded in 1987 by Sam Casternovia and Dominic Lege. You are basically getting 5 businesses under 1 roof: Retail, Trophy & Awards, Screen Printing and Embroidery, Team Sales and Rental. Sew Fun Studios was founded in 2009 and they have their corporate head office: at 701 Market St., Suite 113 St. Augustine, FL 32095. An absentee franchise owner is an individual or corporation that legally owns a particular franchise without actually actively managing it. Before committing, evaluating the total costs involved in acquiring and operating the franchise is essential. Jersey Mikes Super Sub began franchising since 1987, about 33 years ago. Daves the Doghouse LLC is seeking new franchise units from interested investors from all across the United States of America. Subway Franchise Semi Absentee Owner For Sale Orange County, California - South, US Quick Sale Visa Ready Asking Price: $129,000 Furniture / Fixtures included Sales Revenue: $364,545 Cash Flow: $21,307 Subway is the world's largest sandwich chain with more than 40,000 locations around the globe. At the age of 17, before state law allowed him to operate a slicing machine, Cancro bought the original Jersey Mikes location. You can gain a lot by learning from the trial and errors of others. One way to research the franchisors reputation is to read reviews from current and former franchisees. After all, the pet-sitting service has been in the business for close to 20 years and currently has more than 140 units around the country. That 1 Painter is designed for Owner Operators and Semi Absentee Investors who want to manage a thriving and colorful business from home. Either you can work to build your business alone, or can you partner with them. Jersey Mikes Subs has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll. Semi-Absentee owners have limited (but critical) responsibilities As we discussed earlier, "semi-absentee" owners have a time commitment to the business of 10 to 15 hours weekly. Their services include grooming, bathing, and brushing, as well as upsells such as ear cleaning, nail clipping, and deshedding. Pet Care is one of your best bets. Opinions expressed are those of the author. Absentee Owner made $87,000 at this Cincinnati Dessert Franchise for Sale in the Cincinnati Market! You can immediately buy a Jani King franchise for as low as $3,000 and start your own janitorial and commercial cleaning business. Jazzercise is one of the top franchises for entrepreneurs who want to build a profitable business that helps people maintain a healthy lifestyle. Well, that is possible if you choose the right franchise. Fields in Bold are required . He realized how popular billiards was becoming and knew that no organized system for recreational league play existed. Looking to see if anyone has any absentee owner businesses for sale in the greater nashville area. They can provide valuable insights into the local market and the franchises performance in the area. Meanwhile, Best Choice Roofing is one of the best absentee owner franchises for home improvement.

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