Franchises under 10k – it sounds like a pipe dream, but trust us. It’s not!
In fact, there are several franchises that you can start up for under 10,000 dollars.
In this blog post, we’ll be discussing the 15 best franchises of 2023 and how much you can expect to earn with each one.
Keep reading to learn more about the 10k franchises you need to consider!
1. Advisory Capital Brokerage
This financial company offers online training that leads to your certification as a Commercial Capital Broker.
You’ll then be given everything you need to start your business, including leads and business cards.
You’ll be able to choose from three different franchise packages and once you make the initial investment, all the commissions you make stay right in your pocket.
People are always going to need loans, making this one of the more noteworthy future proof jobs.
The initial start-up cost is right around $9,995, but you can pay more for additional financing packages if you choose.
Estimated Earnings: Varies (Advisory Capital Broker Training Program)
Tactic for Success
In addition to the certification training listed above, you may also have to apply for licensure in your state. Be sure to research these requirements before investing money into the Advisory Capital Brokerage franchise.
2. Stay Safe Vending
Vending machines are an easy franchise opportunity to get into – and the demand for PPE isn’t going away anytime soon. That makes this one of the best franchise opportunities under 10k.
What do these two things have to do with each other? Stay Safe Vending is a company that focuses on vending machines stocking gloves, masks, and hand sanitizers.
You’ll arrange for the machines to be placed in a public location and to keep them stocked – then, you’ll take the profits from the sales.
You’ll need around $10,000 to get started but you’ll get a lot of bang for your buck (and you can always choose to invest more).
You’ll get fully-stocked machines with built-in credit card readers and much more.
If you are interested in other vending machine companies, depending on what they sell, this could be a fun and funny way to make money.
Estimated Earnings: Varies (Franchise Solutions)
Trend on the Rise
The PPE market is expected to grow by more than 4.7% by 2029. This is a franchise opportunity you won’t want to wait on.
OpenWorks is a franchise in the commercial cleaning industry, a $70 billion industry. You’ll be provided with the training, customers, and equipment you need to get started.
The franchise fee is $18,500, but you can start with just half of that as a down payment, putting you in at less than $10,000 to get started.
There are more than 700 locations around the world along with integrated commercial cleaning and business operations training.
This could be a good franchise option for how bodybuilders make money by doing the heavy lifting!
Estimated Earnings: Varies (FranchiseBuy.com)
Trend on the Rise
The commercial cleaning industry has seen massive growth since 2020 – thanks, COVID-19! The number of new cleaning businesses has also skyrocketed, growing more than 6% since 2021 alone, but there’s still room for more competition in this vast industry.
4. N2 Publishing
It’s no secret that hyperlocal magazines are growing at a rapid rate.
These publications are easy to make money from, since owners can get paid for advertising while also providing local neighborhoods with important news.
This is one of the more popular jobs for ex chefs who have a knack for food, photography, and showcasing local restaurants.
As a franchisee with N2 Publishing, you’ll do the following:
- Sell Ads – N2’s hyper-local focus makes getting advertisers easy, since they feel more of an investment in your publication.
- Publish the Magazine – You’ll be responsible for publishing and distributing the magazine in your area, but with N2’s print support.
- Gather Content – You’ll come up with content for your area, such as featured families, pets, neighborhood events, and business spotlights.
- Host Local Events – You may even host and attend local events like career fairs and seasonal festivals to help get the publication’s name out there.
You can work in one of more than 500 different locations with a total investment upfront of just $975.
Estimated Earnings: 15% royalty (Vetted Biz)
Tactic for Success
Starting a franchise with N2 Publishing will require you to get your hands dirty as a marketer. You’ll need to know how to create locally-focused content – while N2 Publishing can help produce the content, you’ll need to know how to generate the content that resonates with your community.
5. My Business Venture
Retail e-commerce sales now account for close to 25% of all sales – and if you want to get in on the ground floor, you should franchise with My Business Venture.
This is a unique franchise opportunity because you’ll be able to feature any kind of products you want – you’ll have more than 2000 to choose from when it comes to selling in your online superstore.
Dancers make money by showcasing their favorite stage outfits, or writers could even make money by featuring their favorite planners and notebooks.
You’ll even get training on best practices!
The best part? This e-commerce franchise requires just $3,995 to get started (though you can of course choose to invest more).
Estimated Earnings: Profit margin of 35-200% (Franchise.com)
SocialOwl is an unconventional kind of franchise – it’s more like a software and business starter package so you can create your own business in social media marketing.
In it, you’ll resell social media packages to local companies. There’s a huge demand for this – the average ROI for social media marketing is around 95%.
With SocialOwl, you’ll do social media tasks such as:
- Generating Engagement Around a Brand – This can be done by scheduling and creating content, posting pictures, etc.
- Creating a Community – You’ll give readers ownership with user-related content and contests.
- Serving as a Customer Support Channel -You may even operate customer support channels to help manage the needs of local companies and their customers.
When you sign up to become a franchisee, you’ll be assisted with marketing, shopping carts, deals, analytics, sweepstakes, and more.
There’s no traditional franchise fee to get started so your startup costs are minimal. You’ll pay $149 to $249 per month until you get established.
Then, the earning potential is high – at a rate of around $300 per month per client.
Estimated Earnings: $300 per client (SocialOwl)
App design – it can be incredibly profitable, with developers earning an average of more than $5,000 per month. But what if you don’t have any tech experience?
Eazi-Apps is a tech platform that allows you to create sophisticated apps for your clients. You’ll get money from the app itself but also a monthly fee to keep the app running.
You can offer specialized services beyond that, too, like tech support or content updates.
You can earn more than $300 per year per app (converted from British pounds) but you’ll be able to set your prices. With 300 partners in over 40 countries, this is an industry that’s easy to dive into.
You’ll pay just $13 per month for start-up fees for each app but also be provided with support such as business cards, a promo website, and brochures.
Estimated Earnings: $325 per app (Eazi-Business)
Interested in the cleaning industry? The BuildingStars franchise will help you create your own successful commercial cleaning company with a minimum cash investment of just $795.
Why cleaning? It’s a highly lucrative industry – the commercial cleaning industry has an estimated revenue of $50.4 billion!
You’ll focus mostly on cleaning office buildings and there are three franchise options so you can start small and grow the business or invest more money and jump right in.
BuildingStars will even connect you with your first customers! The average return on investment is $1,000 to $5,000.
Estimated Earnings: $1,000 to $5,000 per month (BuildingStars Franchise)
9. POOP 911
This dog poop-scooping company works to remove dog poop for dog owners, kennels, breeders, and any other locations that deal with animal droppings on a regular basis.
It sounds like a dirty job, but someone’s gotta do it – in fact, dog poop scooping is a $2.7 billion industry!
You’ll be provided with an easy-to-use website and can easily work from home. You’ll get a return on your investment in just 12 months – and did we mention that the total investment at start-up can be just $3,620?
Estimated Earnings: $8637 per month (Vetted Biz)
10. Jan-Pro Cleaning & Disinfecting
You’ve probably heard the name Jan-Pro before – because this is a highly profitable franchise opportunity and this company has more than 10,000 locations around the world (8,500+ just in the United States alone).
It provides commercial cleaning services to businesses like medical facilities, offices, and schools.
To get started, you’ll only need to invest $1,250 to $50,000 (there are various tiers that are flexible based on how much you want to invest at start-up).
With a total investment of less than $4,200 at starting, you’ll get a royalty of 10% and receive about $280 per month for three hours of work per week. Not too shabby!
Estimated Earnings: $2800 per month (ICSID)
It might not be the most glamorous franchise in the world, but Winzer offers lots of options for aspiring business owners.
You’ll provide fasteners, tools, and other supplies to the industrial, automotive, and fleet marketplace – a rapidly growing industry expected to be worth $87 billion in coming years.
You’ll receive training and marketing tools, an online sales support system, and more.
You can totally run your business independently if you choose to franchise with Winzer – the company won’t tell you how much of which products to sell or even your sales prices.
You can earn – and that’s with an initial franchise fee of just $3,500.
Estimated Earning: $2916 per month (Indeed)
12. Town Money Saver
Do you have at least three years of sales experience? If so, Town Money Saver might be the franchise for you.
This company focuses on providing high-quality advertising via social, print, online, and mobile advertising.
You’ll make money off the ads you sell while TMS will handle the printing, mailing, and graphics coordination.
You’ll even be given territory to manage! With a total upfront investment of just $8,200, this is an easy franchise to break into.
Estimated Earnings: $3166 per month (Glassdoor)
13. CruiseOne/Dream Vacations
Want to work in the hot travel industry? It’s starting to make a comeback following the 2020 industry shock – and if you work with CruiseOne, you’ll only have to invest $9450 at starting (but you can choose to invest more).
You’ll get a 3% royalty fee for CruiseOne and a 6% fee for Dream Vacations. With 1480 locations in 47 states, this is a company that’s smart to get into.
You’ll also be given all the marketing and business support you need.
Estimated Earnings: $3375 per month (CareerBliss)
14. Ameriprise Financial
This franchise specializes in financial planning, consulting, securities and insurance, brokerage services, investment advice, and more.
With a total investment of right around $10,000, you can tap into this industry with ease.
It’s a lucrative one – it has a growth rate of around 5% – but it can be hard to find work without a franchise name backing you up.
Of course, you’ll need to have some financial planning training and qualifications under your belt.
But if you do, you’ll benefit from the Amierpprsie name and reputation and earn a performance-based payout ranging from 72 to 91% of GDC.
Estimated Earnings: $8250 per month (CareerBliss)
15. College Pro
College Pro is a company that specializes in window cleaning and painting, an industry that grew in revenue by more than 14% in 2021 alone.
You won’t have to pay a franchise fee – just a royalty fee of 20% of each transaction.
This might not be the best franchise opportunity for more experienced investors and business owners, but for people who want to get their feet wet with running a business, it’s the way to go.
You’ll get tons of training and scheduling assistance and with more than 209 locations around the country, it’s easy to get started.
Estimated Earnings: $2560 per month (Glassdoor)
If you’re looking for a business opportunity with low overhead, one of these franchises could be the perfect fit.
With careful research and some hard work, you can make a great income while owning your own business.
Rebekah is a writer who covers all things education, business, agriculture, and finance. She owns a small farm business in upstate New York. Her educational credentials include a bachelor's degree in English from St. Lawrence University and a master's in special education from SUNY Plattsburgh.