If you’re ready to go bargain shopping, then you’ll be interested in our ranking of the top franchises that can be started for under $50,000. These franchises are ranked based on their scores in Entrepreneur ‘s Franchise 500®.
About H & R Block
Since brothers Henry and Richard Bloch founded H & R Block in 1955, the company has prepared more than 600 million tax returns. Franchising began in 1956, and the company went public in 1962. In addition to providing tax return preparation services in-person, the company offers online and desktop software products and an array of other financial services.
2.Stratus Building Solutions
About Stratus Building Solutions
Utilizing their combined experience of over 20 years as executives in the commercial cleaning industry, Dennis Jarrett and Pete Frese founded Stratus Building Solutions in 2004. Franchisees offer cleaning services–including the company’s environmentally-friendly Stratus GreenClean program–for office buildings, retail properties, medical facilities, schools and more.
About Jazzercise Inc.
While teaching traditional jazz dance classes in Evanston, Illinois, in 1969, Judi Sheppard Missett turned her students away from the mirrors and started a “just for fun" class that incorporated dance moves to provide aerobic exercise. After moving to Southern California, she started training other instructors in the Jazzercise program in 1977. Six years later, the company began franchising. Now Jazzercise’s CEO, she continues to teach weekly Jazzercise classes and choreograph new dance routines. Based in Carlsbad, California, Jazzercise’s instructors teach its total-body conditioning program to almost half a million participants each year in the United States and more than 30 other countries. Jazzercise instructors are trained and certified before becoming franchised.
About CleanNet USA Inc.
Mark Salek founded CleanNet USA in 1987 and opened the company’s first office the following year in Columbia, Maryland, providing cleaning services to commercial clients in the Baltimore/Washington, DC, area.
Today, CleanNet’s uniformed force offers a variety of cleaning services for commercial, retail and industrial facilities in financial, hospitality, medical and other industries.
Co-founders Phil Kubec and Edward Hammer started System4 based on their combined business experience. Kubec had been both a franchisee and the CEO of a large commercial cleaning franchise; he also became one of System4’s first master franchisees. Hammer was involved in multiple entrepreneurial ventures prior to System4, including the startup of a vehicle rental company. System4 has a partnership with the Cleaning Management Institute that allows franchise owners to be certified as custodial technicians.
6.Vanguard Cleaning Systems
About Vanguard Cleaning Systems
Vanguard Cleaning Systems was founded in 1984 and began franchising the same year. The private company is based in San Mateo, California. Its franchisees serve more than 10,000 commercial cleaning accounts. Vanguard offers a master franchise program for experienced businesspeople and a unit franchise program for beginning entrepreneurs.
7.Cruise Planners-American Express Travel
About Cruise Planners-American Express Travel
Since 1994, agents for Coral Springs, Florida-based Cruise Planners/American Express Travel Service have been connecting business and leisure travelers with the ideal cruise. Franchisees work from their homes, selling cruises full or part time.
Franchising since 1993, CruiseOne agents sell cruise and travel packages, including travel protection, shore excursions, hotels and tours to individuals, couples, families, businesses and groups.
9.Chem-Dry Carpet & Upholstery Cleaning
About Chem-Dry Carpet & Upholstery Cleaning
Robert Harris worked as a carpet cleaner to pay for his law school tuition. He found the cleaning methods being used were not getting the job done and set about developing new solutions to get carpets cleaner. Harris started using his new solution to clean carpets for family and friends, and demand for his services quickly grew. In 1977, Harris founded Chem-Dry to bring his new cleaning methods to more customers.
Chem-Dry began franchising in 1978 and now has locations in the United States, Canada, Japan, Australia and the United Kingdom. In 2006, Chem-Dry was acquired by The Home Depot.
10.Heaven’s Best Carpet & Upholstery Cleaning
About Heaven’s Best Carpet & Upholstery Cleaning
Based in Rexburg, Idaho, Heaven’s Best uses a low-moisture cleaning system, so the carpet dries completely in under an hour. The company was founded in 1983 and began franchising the same year.