If you’re looking for a low-cost franchise, you want to ensure that the cost to open aligns with the profits you can expect to make. You also want to make sure that the business model is scalable and that there’s enough demand for your product or service in the market.
Tired brands in saturated markets and industries take up a chunk of Entrepreneur’s Franchise 500 list. These established brands have high start-up costs and less profitability, whereas emerging brands offer lower initial costs, better territories, better terms and a longer runway to build wealth.
Fransmart, the leading franchise development company for emerging brands focuses on franchises that offer a low barrier to entry compared to more prominent brands. By investing in these brands in 2022, you can generate cash returns to invest in future stores so you can become a multi-unit franchise owner.
As proof of how successful low-cost startup franchises are, Khurram Burney, a franchisee with The Halal Guys says, “I would definitely have signed a bigger territorial contract deal. I currently have five stores and five territories; I would definitely have signed up for at least 10 to 15 units.”
This article discusses 10 top low-cost startup franchises to invest in 2022:
Jars By Fabio Viviani
Fabio Viviani, the celebrity chef with over 30 restaurants in his empire, just lunched his JARS, a fast-casual dessert concept. The versatile chef combined his favorite desserts to launch this unique restaurant concept with Instagrammable and viral food content creation potential. The selling points of this concept include the Viviani name power, gorgeous desserts, easy execution, and high-profit margins for investors. The initial investment requirements are:
- $35,000 franchise fee.
- $349,000 to $785,500 investment costs for a minimum agreement for five franchise units.
Taffer’s Tavern
Taffer’s Tavern is an innovative fast-casual dining restaurant concept from Jon Taffer the star of “Bar Rescue” and a hospitality mogul. His understanding of great food and drinks is unmatched.
Taffer’s Tavern seeks to attract new franchisees to invest in its revolutionary restaurant featuring a robotic kitchen, vacuum-sealed food, and a data-driven menu. Initial investment requirements include:
- $50,000 franchise fee.
- $1,183,000 to $2,203,000 investment costs for five franchise units.
Rise Southern Biscuits and Righteous Chicken
Rise Southern Biscuits & Righteous Chicken offers a unique and innovative fast-casual concept that revolutionizes how people think about dining. The restaurant uses technology to lower operation and labour costs and to cater to the way people are dining today. The brand is very culture-driven and employee-centric.
Low startup costs and high yield potential for Rise franchisees make it a viable investment opportunity for 2022. These are the initial investment requirements:
- $35,000 franchise fee
- $420,500 to $598,500 investment costs for three franchise units.
The Halal Guys
The Halal Guys is a true American success story. From one food cart in New York to now 100 restaurants worldwide, the brand is bringing its version of Middle Eastern halal food to the world. There are over 400+ new locations in development with franchisees attracted by the cuisine, multiple revenue streams and strong franchisor support. The initial investment requirements are:
- $60,000 franchise fee
- $370,150 to $1,317,550 investment costs for multi-unit franchisees.
Brooklyn Dumpling Shop
Brooklyn Dumpling Shop brings back the Automat concept with a tech concept designed for the 21st century. Founded by Stratis Morfogen, an established restaurateur Brooklyn Dumpling Shop offers 32 delicious flavours of dumplings served in a 24/7 Automat concept.
The unique restaurant offers franchisees the opportunity to make money around the clock, easy operations and low labour costs. The initial investment includes:
- $40,000 franchise fee
- $348,500 to $663,000 investment costs for multi-unit franchisees.
Curry Up Now
Curry Up Now is the fastest growing Indian QSR concept, serving Indian street food with a twist.
The modern take on Indian cuisine makes Curry Up Now easily accessible to everyone. Simplified operations and buzz-worthy food are attractive to franchisees. The initial investment costs include:
- $40,000 franchise fee.
- $348,500 to $663,000 investment costs for multi-unit franchisees.
PayMore
PayMore, an innovative and environmentally friendly used and new electronic and gaming store concept, was founded in Massapequa, New York. The co-founders had a mission to repurpose old electronics and redistribute them back for use, thereby helping to reduce the country’s e-waste footprint.
PayMore is highly attractive to franchisees looking for easy operations, low costs and extremely high ROI. The initial investment costs include:
- $30,000 franchise fee.
- $184,050 to $299,950 initial investment costs for multi-unit franchisees.
SlapFish
SlapFish was founded in 2011 by Andrew Gruel. The restaurant concept offers healthy, sustainably-sourced seafood at an affordable price point.
The selling points of this franchise include its irresistible healthy food menu and high-profit margins. The initial investment costs include:
- $30,000 franchise fee.
- $447,600 to $757,650 initial investment costs for multi-unit franchisees.
Savannah Seafood Shack
The community Low Country Boil of shrimp, sausage, potatoes, and corn, was redefined by Savannah Seafood Shack as a single serve dish. The quick service delivery and excellent menu keep customers coming back.
The franchise’s selling points include easy operation, continued franchisee support, and fantastic unit economics. The initial investment costs include:
- $35,000 franchise fee.
- $388,400 to $909,600 initial investment costs for multi-unit franchisees.
Ike’s Love and Sandwiches
Ike’s Love and Sandwiches redefines the subway shop with its “Dirty Sauce” and signature bread. This concept offers a vast business opportunity for franchisees with its low startup costs. The initial investment costs include:
- $50,000 franchise fee.
- $271,400 to $745,500 initial investment costs for multi-unit franchisees.
Conclusion
These brands are tested and trusted brand concepts within the Fransmart portfolio. They are all affordable franchises that offer low startup costs that have the potential for high yields. If you want to learn more about the franchise and the costs of buying one, visit our website today.