What franchises can I afford with $50k or less?

Many home-based and service franchises are a great option in this price range. Travel planning/booking, online sales like Mattress by Appointment, home inspection companies like Canadian Residential Inspection Services, property services, cleaning, home and garden services, and children’s tutoring can be all be great opportunities to consider in this range.

Although not a franchise, some vending companies such as Nibly are in this range, can be managed as secondary income and have no royalty fees.

What franchises can I afford with $100k or less?

This price range opens the door to several mobile businesses that can be managed and run from a home-office or on-the-go from your service vehicle.

Here, we see opportunities in business coaching like ActionCOACH, several home improvement services such as Doctor Screen, Door Gurus, Grill Heros and Hickory Dickory Decks, and facilities management such as Summit Property Group. All of these are worth exploring, depending on your interests and skill set.