Las Vegas, Nevada, is known throughout the world for its gambling, shopping, food, entertainment, and nightlife.
The city attracts 40 million visitors every year who spend upwards of $60 billion dollars. For businesses and entrepreneurs, the city is a Shangri-la of franchise opportunities.
Las Vegas needs no recommendation for budding entrepreneurs. The entire state of Nevada, especially Las Vegas, has built an ecosystem that attracts new and growing businesses. Entrepreneurs here enjoy the benefit of no personal income tax, and no corporate tax, along with the ease of starting a business.
Low-Cost Franchise Opportunities in Las Vegas
Franchising presents quicker and easier access to starting a successful business, and the training and support from franchisors ensure the smooth running of the day-to-day operation of a franchisee. The most profitable franchise model offers a low-cost service or one that can start without money.
A fast-casual restaurants franchise is one of the most lucrative franchise opportunities in Las Vegas. With more than 5000 franchises set up worldwide, Fransmart can guide you with what you need to start up your franchise in Las Vegas. Our proven formula for success has been helping franchisees for over two decades.
We also assist you in finding your golden opportunity in the franchise business, with franchises that have low investment cost, and state-of-the-art technology. We match the skills and experience you bring to the table with the best concept for you.
Top 5 Franchise Opportunities in Las Vegas:
The following is a list of five profitable franchise opportunities in Las Vegas. Each franchise is ranked on its viability, income potential, and low cost of entry.
1. Curry Up Now: A fast-casual restaurant franchise opportunity in Las Vegas serving innovative Indian cuisine.
Curry Up Now is the largest and fastest-growing Indian fast-casual chain dominating the segment with high volumes and simple operations. This franchise opportunity in Las Vegas can be beneficial as well as cost-effective.
What the Franchisor gives you:
- The Potential Indian food category is the fastest-growing segment in the restaurant industry.
- The menu includes many vegetarian and vegan options, which increases your customer base.
- The operational costs: are minimal as all the chutneys and sauces are delivered to the franchise unit by the company. You are also not required to hire an Indian chef to run your kitchen.
Curry Up Now Investment Information:
- Initial Investment: $392,000 – $1,671,500 (multi-unit)
- Franchise fee: $35,000
- Royalties: 6% of the gross sale
*Franchise Owner Income: click here to know how much Curry Up Now franchise owners can make.
2. Taffer’s Tavern: A full-service casual restaurant that is changing the industry with the kitchen of the future
Taffer’s Tavern franchise is an innovative concept in the casual restaurant industry. Jon Taffer, the “Bar Rescue” star and an award-winning hospitality expert, used his more than 30 years in the restaurant industry to completely revamp the way a full-service restaurant operates, making it operationally easier and leading to higher profit margins.
Benefits of Taffer’s Tavern:
- Low labor cost: Minimal staff lowers labor cost
- It is futuristic working: A robotic kitchen, vacuum-sealed food, and data-driven decision-making make Taffer’s Tavern a franchise for tomorrow.
- Growing Liquor Sales: High drink to food sales
Initial Investment for Taffer’s Tavern:
- Initial Investment: $1,183,000 to $2,203,000 (5 Units)
- Franchise fee: $50,000
- Royalties: 6% of the gross sale
*Franchise Owner Income: click here to know how much Taffer’s Tavern franchise owners can make.
3. Brooklyn Dumpling Shop: A fast-casual restaurant serving 32 deliciously flavoured dumplings
Brooklyn Dumpling Shop is a tech-forward franchise that is changing the fast-casual industry. It was featured in “America’s Hottest Startup Fast Casuals” in QSRs 40/40 list for 2021.
Benefits of a Brooklyn Dumpling Shop:
- Flexible business timings: Automated concepts allows for 24/7 operations
- Its unique automat concept: is revolutionary in the food industry. The franchise provides contactless orders and delivery of food that meets the required safety norms of today.
- Its brand value is increased by selling frozen Brooklyn Dumpling Shop dumplings in nationwide stores.
Initial Investment in Brooklyn Dumpling Shop:
- Initial Investment: $348,500 – $663,000 (multi-unit)
- Franchise fee: $40,000
- Royalties: 6% of the gross sale
*Franchise Owner Income: click here to know how much Brooklyn Dumpling Shop franchise owners can make.
4. Rise: A fast-casual dine-in and take-out breakfast, brunch, and lunch restaurant
Rise, a Southern chicken and biscuit franchise was named in “America’s Hottest Startup Fast Casuals’ in the QSR’s 40/40 list for 2021.
Benefits of Rise:
- Its automated business model includes contactless kiosk ordering and food locker technology, keeping both customers and employees safe.
- Low cost: that gives the franchise owners a higher ROI.
- Flexible timings work from 7:00 am to 2:00 pm, giving you a healthier work-life balance.
Initial Investment in Rise:
- Initial Investment:$420,500 – $598,500 (3 restaurants)
- Franchise fee: $35,000
- Royalties: 6% of the gross sale
*Franchise Owner Income: click here to know how much a Rise franchise owner can make.
5. PayMore: Fastest Growing Used and New Electronics and Gaming Store
PayMore is a non-food franchise opportunity in Las Vegas.
Benefits of PayMore:
- Its multiple revenue streams: combine e-commerce, consumer electronics, second-hand retail, green business, and sustainability for more significant volumes and high profitability.
- Its low-cost stores: see high customer retention rates, low overheads, and high margins.
- Its successful business model: which is recession-proof thanks to electronics becoming a need more than a want.
Initial Investment in PayMore:
- Initial Investment: $184,050 – $299,950 (multi unit)
- Franchise fee: $30,000
- Royalties: The greater of 4% of the Gross Sales or $1,000 pm
*Franchise Owner Income: click here to know how much Pay More franchise owners can make.
Conclusion
It is no surprise that Nevada is considered one of the best states for startups. With less government involvement, lower operational costs and taxes, and a relatively low cost of living, it is a business-friendly state.
We have many more brands that provide excellent franchise opportunities in Las Vegas. For more information and to learn about more such franchises, contact us now.