Top 28 How Much To Open A Wawa The 106 Correct Answer

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Costs to build the stores are about $5.4 million on average. Wawa is a privately held company that serves fresh and built-to-order foods, beverage, coffee, fuel services and surcharge-free ATMs.Wawa, Inc.

(/wɑːwɑː/ WAH-WAH) is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington, D.C., and Florida.

12 best low-cost franchises for aspiring business owners
  1. Cruise Planners. Franchise fee: $10,995. …
  2. Fit4Mom. Franchise fee: $5,495 to $10,495. …
  3. Chem-Dry. Franchise fee: $23,500. …
  4. Jazzercise. Franchise fee: $1,250. …
  5. Stratus Building Solutions. …
  6. SuperGlass Windshield Repair. …
  7. Mosquito Squad. …
  8. Pillar to Post Home Inspectors.

What is the cheapest franchise to own?

12 best low-cost franchises for aspiring business owners
  1. Cruise Planners. Franchise fee: $10,995. …
  2. Fit4Mom. Franchise fee: $5,495 to $10,495. …
  3. Chem-Dry. Franchise fee: $23,500. …
  4. Jazzercise. Franchise fee: $1,250. …
  5. Stratus Building Solutions. …
  6. SuperGlass Windshield Repair. …
  7. Mosquito Squad. …
  8. Pillar to Post Home Inspectors.

Is Wawa in Ohio?

Wawa, Inc.

(/wɑːwɑː/ WAH-WAH) is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington, D.C., and Florida.

How can I start a business with $500?

7 Small Business Ideas That Take Under $500 to Start
  1. Become a Mobile Notary Public. …
  2. Start a Print-on-Demand Business. …
  3. Become a Social Media Manager. …
  4. Become a Professional Organizer. …
  5. Transcribe Audio for YouTube Channels or Podcasts. …
  6. Become a Freelance Writer/Editor. …
  7. Start a Small Rental Business.

How much does it cost to own a Chick-fil-A?

While operating a Chick-fil-A restaurant requires a relatively modest $10,000 initial financial commitment ($15,000 CAD in Canada), it requires a holistic commitment to own and operate the business in a hands-on manner. We are in the restaurant industry – the quick-service restaurant industry, at that.

What Wawa means?

Our Logo: “Wawa” is a Native American word for the Canada Goose that was found in the Delaware Valley over 100 years ago.

Is Sheetz or Wawa better?

A 2017 survey conducted by the Boston-based tech company GasBuddy revealed that the best overall convenience store experience went to Sheetz in Pennsylvania, while Wawa ranked supreme in New Jersey.

What does Wawa mean in Indian?

‘ But Patel said “wawa” is a greeting that means ‘good job‘ or congratulations in his own tongue, Gujarati Indian. Wawa opened its first Florida convenience store in 2011, near SeaWorld. Patel opened his independent restaurant in September 2013.

What franchise can I buy for 5k?

If you want to start a franchise business in the USA and can invest not more than $5000, there are plenty of options for you.

25 Franchise Opportunities in the USA Within $1k to $5k
  • Dream Vacations. …
  • Cruise Planners. …
  • Jan Pro. …
  • Building Stars. …
  • 360 Clean. …
  • GenCorp. …
  • My Business Venture. …
  • Jazzercise.

How much does a franchise owner make?

How much does a Franchise Owner make? The national average salary for a Franchise Owner is ₹82,968 in India.

How Much Does a Little Caesars owner make a year?

How Much Profit Does a Little Caesars Franchisee Make Per Year? A Little Caesars franchisee can make and estimate EBITDAR (earnings before interest, taxes, depreciation, amortization, and rent costs) of 17% with the profits being about $127,500 before rent or taxes. This can come out about $90,000 after including rent.

How much is Starbucks franchise cost?

Initial Start-Up Funding

The average cost to license a Starbucks store is $315,000. You’ll also need $700,000 in liquid assets to be considered.


Don’t Open A Gas Station Until You Watch This!
Don’t Open A Gas Station Until You Watch This!


how much to open a wawa

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Are Wawa stores franchised

How much is a Wawa franchise

Can I open a Wawa franchise

How much is a 7-Eleven franchise

Can I franchise a Wawa

How much does it cost to open a gas station

What company owns Wawa

Is Wawa a privately owned company

Does Wawa make money

Why is Wawa so successful

Where is the highest grossing Wawa

Who owns Wawa franchise

Where is Wawa Incorporated

What is a Super Wawa

How do you get a Wawa franchise

Is Wawa a franchise company

How much does Wawa franchise cost

How do I get a Wawa franchise

What does Wawa make the most money on

Are Wawa stores franchised

Who owns the Wawa franchise

How much is a gas station franchise

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Exact Cost to Open Wawa Franchise |.How to Open Wawa Franchise?

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Wawa Franchise: 2022 Cost, Fees & Profit

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How much money to open a wawa franchise?

There is, however, a large market for that niche. A company’s revenue is reported to be $10 billion per year. Wawa says it is also profitable, although it refuses to give financial details or how much gas sales contribute to its revenue. The $550 billion U.S. market is top dog. 7-Eleven is the leader of this industry with revenues of $29 billion. For 2017, revenues were up.

Are Wawa stores franchised? There is no public disclosure of financial information by Wawas, as it is privately held. As part of a program to offer employee stock ownership, Wawa employees can earn Wawa stock. The company says it can take several months for site approvals to be granted before it confirms site locations. Stores of this company do not operate as franchises.

How much is a Wawa franchise? Wawa stores cost about $5 million to build on average. About 4 million people. A new store will be opened in Florida in 2016 to mark the company’s 100th store.

Can I open a Wawa franchise? Because Wawa has such a strong brand in American households, it is both highly profitable and popular. Franchise opportunities are not available with Wawa, so you do not have the opportunity to open a franchise.

How much is a 7-Eleven franchise? The minimum net worth required for a 7-Eleven franchise purchase is $150,000. The liquid capital requirement is $50,000 – $150,000. Franchisors are expected to invest from $37,200 to $1,635,200 total. The franchise fee charged by 7-Eleven ranges from $0 to $1,000,000 per location. Financing is also offered by the company.

Can I franchise a Wawa? franchise of Wawa? No, the company’s website indicates that franchise stores are not available.

How much does it cost to open a gas station? Is it expensive o start a gas station? In previous posts we discussed how difficult it is to open a gas station. Purchasing the location is one of the startup costs that will require you to secure at least $300,000.

What company owns Wawa? Wawa gas station in Skippack, PennsylvaniaNumber of employees31,000 (2017)ParentWild Goose Holding Co.Websitewww.wawa.com

Is Wawa a privately owned company? POWER WASHWA INC. The company was founded in 1803 in New Jersey as an iron foundry. As the 19th century came to a close, George Wood became interested in dairy farming and his family established a small processing plant in Wawa, Pa.

Does Wawa make money? One of the company’s claims is that it now generates $10 billion in revenue per year, an increase from $9 billion last year. There were 1B reported in 2016 – putting it roughly on par with industry leader 7-Eleven, which has more than 10 times as many U.S. franchises. There are approximately 8,400 stores that bring in an annual revenue of $29 billion.

Why is Wawa so successful? It is credited to the following operating model factors for Wawa’s success: an emphasis on quality, continuous improvement, and technological advancements. The quality of services and products offered by Wawa is its biggest competitive advantage.

Where is the highest grossing Wawa? The largest Wawa in the world has now opened in Philadelphia, bringing excitement to diehard Wawa fans. It opened Friday, December 11, and is 11,500 square feet in size. 6th and Chestnut streets are located in Old City on 14th street.

Who owns Wawa franchise? Wawa gas station in Skippack, PennsylvaniaTotal assetsUS$1.57 billion (2011)Number of employees31,000 (2017)ParentWild Goose Holding Co.Websitewww.wawa.com

Where is Wawa Incorporated? With locations in 630 states, including New Jersey, Pennsylvania, Delaware, Maryland, Virginia, and Florida, Wawa Inc. is based in Wawa, Pennsylvania.

What is a Super Wawa? Recent Wawa Corporation expansions have led to gasoline canopies being installed in new stores that are known as “Super Wawas.”. Canopies will be protected against corrosion and maintenance costs will be reduced by the duplex coating.

How do you get a Wawa franchise? Franchise opportunities are not available, so you cannot open a Wawa Franchise. According to Wawa’s website, it is not possible to franchise the company’s store.

Is Wawa a franchise company? There are 675 Wawa stores across Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and Central Florida, which serve fresh and built-to-order foods, beverages, coffee, fuel services, and surcharge-free ATMs. There are no franchises in the company.

How much does Wawa franchise cost? Among the top 40 private companies ranked by Forbes each year, Wawa ranks 38th. Wawa stores cost about $5 million to build on average. About 4 million people.

How do I get a Wawa franchise? However, Inc. Franchise opportunities are not available, so you cannot open a Wawa Franchise. According to Wawa’s website, it is not possible to franchise the company’s store.

What does Wawa make the most money on? In recent years, Wawa has become a full-service operation, which includes a store, take-out restaurant, coffeehouse, bakery, and gas station. Customers now spend more than 50% of their money on food and drink, Wawa’s CEO told the Inquirer .

Are Wawa stores franchised? franchise of Wawa? No, the company’s website indicates that franchise stores are not available.

Who owns the Wawa franchise? Wawa gas station in Skippack, Pennsylvania Total assets US$1.57 billion (2011) Number of employees 31,000 (2017) Parent Wild Goose Holding Co. Website www.wawa.com

Exact Cost to Open Wawa Franchise

Are you interested in starting a Convenience Store business and want to buy a Wawa Franchise? If yes, then in this post you will find complete details about Wawa Inc. and the exact cost to open Wawa franchise in the U.S.

Wawa is an American chain of convenience stores and gas stations that serves the Mid-Atlantic region of the United States and Florida. The company operates their stores in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington, D.C., and Florida. As of 2018, Wawa operated 600 fuel stations throughout the United States, while the company had only 483 fuel stations in 2016.

Wawa offers products found at most convenience chain marts such as chips, drinks, and soda beverage. Wawa also sells its own branded iced tea, orange juice, and milk. Wawa used to sell its own branded soda but it has been discontinued. Wawa has Coca-Cola Freestyle soda fountains. Company’s key products include a variety of coffee, latte, and cappuccino flavors and sizes, and made-to-order hoagies. Wawa also offers a brand of hot breakfast products, most famous of which is the “Sizzli”, and also a full deli with touch-screen ordering of sandwiches, hot sides, drinks, and deli meats. Wawa sells alcohol in Florida, Virginia, and at one Pennsylvania location in Chadds Ford.

Is it possible to open a Wawa Franchise? No, Company’s website states that, ‘Wawa does not offer franchise stores.’

History of Wawa

Wawa, Inc., a privately held company, that was founded in 1803 as an iron foundry in New Jersey by George Wood. Toward the end of the 19th Century, George took an interest in dairy farming and the family began a small processing plant in Wawa, PA in 1902. At that time, milk business was a huge success due to its quality, cleanliness and “certified” process. The home delivery of dairy milk declined in 1960’s and Grahame Wood, George’s grandson then opened the first Wawa Food Market in the year 1964 as an outlet for dairy products.

Today, Wawa is your all day, every day stop for fresh, built-to-order foods, beverages, coffee, fuel, and surcharge-free ATM’s. In July of 2015, Wawa was named ‘America’s Most Beloved Convenience Stores‘ by a Market Force study of 7,000 consumers, winning with the highest “composite loyalty score” of 68 percent, and taking first place in the fresh food category.

A chain of more than 800 convenience retail stores out of which 450 offering gasoline, Wawa stores are located in Pennsylvania, New Jersey, Delaware, Maryland, Virginia and Florida. The stores offer a large fresh foodservice selection, including Wawa brands such as built-to-order hoagies, freshly-brewed coffee, hot breakfast sandwiches, built-to-order Specialty Beverages and an assortment of soups, sides and snacks.

The company’s comes from the town Wawa in PA. The name Wawa was derived from the Ojibwe word for the Canada goose (taken from The Song of Hiawatha). An image of a goose in flight serves as the Wawa corporate logo even till today. Wawa offers fresh food items to its customers which make them the top fresh food provider among its competitors in the Mid-Atlantic region of the United States and Florida.

The Secret of Wawa’s 50 Years of Success

Company Overview

Wawa currently has 800+ stores in the U.S. mainly in the Mid-Atlantic region and Florida. Wawa offers Coffee, Hoagies, Prepared foods, Gasoline, Beverages, Snacks, Dairy products and Salads.

Wawa operates in the Convenience Store Industry such as Gas station, Retailing, Petroleum products and Fuels. Unlike supermarkets, grocery stores and retailers that primarily have store sales of groceries and other daily use items, Wawa is known for its milk products that are offered to the shoppers on the go. For convenience of the customers, Wawa also offers a mobile app for online ordering and checkout facility.

Its current CEO and President is Christopher Gheysens. Wawa reported annual revenues of US $12.1 billion in 2018 with a total employee strength of 34,000. Wawa ranked number 25 on the Forbes list of Americas largest private companies in 2019.

In April 2016, Wawa Inc. and Comcast collaborated to start offering free wifi to the people who visit the more than 700 Wawa stores in Delaware, Florida, Maryland, New Jersey, Pennsylvania and Virginia

Cost to Open a Wawa Franchise and Requirements for a Franchise

Since, Wawa is highly popular among American households for its fresh dairy products and is highly profitable, many people want to buy a Wawa Franchise. But Wawa Inc. does not offer franchise opportunities so, you cannot open a Wawa Franchise. The company’s website clearly states that, ‘Wawa does not Franchise its stores’. As far as the cost of opening a Wawa Franchise is concerned, since, Wawa Inc. does not offer franchise, the question of How much is the cost of to open a Wawa Franchise becomes invalid.

However, if you are still curious to know how much is the cost to buy a Wawa Franchise, you can try to contact the company through their website www.wawa.com/contact by filling out the contact form. You may get a response to your query concerning Wawa Franchise and How much is the cost to open a Wawa Franchise? But before you contact the company, we suggest you go through the FAQ section on the company’s website.

Important Facts About Opening a Wawa Franchise

Wawa Inc.’s corporate headquarter is located in the Wawa area of Chester Heights, Pennsylvania in Greater Philadelphia. As of 2008, Wawa was the largest convenience store chain in Greater Philadelphia, and it is also the third-largest retailer of food in Greater Philadelphia, after ACME Markets and ShopRite.

You cannot buy a Wawa Franchise because company does not franchise its stores to anyone and therefore, you cannot open a Wawa Franchise.

Wawa was started as a milk processing and delivery business in the year 1902 and at that time milk business was a huge success, due to its quality, cleanliness and ‘certified process’. The company started delivering milk to homes as a way of penetrating the market but in the early 1960’s milk delivery business witnessed a huge decline and the company

A chain of more than 850 convenience retail stores (over 600 offering gasoline), Wawa stores are located in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Florida, and Washington, D.C. The chain’s name comes from the site of the company’s first milk plant and corporate headquarters in the Wawa, Pennsylvania area.

Latest Updates, News and Tweets from Wawa

Wawa is a 54 years old family owned business with a revenues in excess of $12 billion which is still expanding rapidly and ditching gas and cigarettes for kale salads and nerdy coffee.

Tweets by Wawa

Wawa headquarters are located at Red Roof, 260 W. Baltimore Pike, Wawa, Pennsylvania. The company employs over 35,000 associates throughout its stores at New Jersey, Pennsylvania, Delaware, Maryland, Virginia, Florida, and Washington, D.C.

We hope this post will help you figure out how to open a Wawa Franchise and how much is the cost of opening a Wawa Franchise. In future we’ll come up with more updates so keep checking back. Also, our team is working on creating relevant content about C stores, Couche tard, supermarket, fueling industry, mart, and service station.

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Many people have dreams of becoming a business owner, but aren’t sure where to begin. If you have an entrepreneurial spirit but don’t necessarily want to start a business from the ground up, looking into low-cost franchises is an opportunity worth considering. It’s one of the easiest ways to break into business ownership, giving aspiring entrepreneurs the chance to make their business dreams a reality without the challenges of starting from scratch.

12 best low-cost franchises

Cruise Planners Fit4Mom Chem-Dry Jazzercise Stratus Building Solutions SuperGlass Windshield Repair Mosquito Squad Pillar to Post Home Inspectors Property Management Inc. Soccer Shots Dream Vacations Lil’ Kickers

The buy-in cost of some franchises can be very expensive, but others are more affordable and therefore more accessible to hopeful franchisees with limited capital available.

To help you make your dreams of franchise ownership a reality, we’ve compiled this list of the 12 best low-cost franchises you can buy. Each of these franchises has an upfront franchise fee of $50,000 or less and a total initial investment of $110,000 or less.

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Low-cost franchise opportunities: What to expect

Although owning a franchise isn’t for everyone, it does have some advantages over starting a business from scratch. For one thing, a franchise already has an established brand and customer base. The parent company—or franchisor as they’re called more commonly—has already done some of the hard work, such as creating the business concept, designing the logo, and developing marketing materials. Now, you—the franchisee—can jump in and carry out the day-to-day responsibilities of business ownership.

As with any business, of course, you need capital to buy a franchise. Every franchise requires some initial money up front and an ongoing investment of dollars and time.

When purchasing a franchise, there are four main cost parameters to consider:

Franchise fee – Virtually every franchise opportunity requires the business owner to pay a one-time, upfront franchise fee. Initial investment – Your initial investment covers the materials, labor, and resources you’ll need to launch. In our ranking below, the initial investment amount includes the franchise fee. Ongoing investment – This is the money you’ll need to run the franchise on an ongoing basis. Personal finances – A few franchises require the owner to have a minimum net worth before they’re eligible to purchase a franchise. Others have liquidity requirements.

The franchise fee, initial investment, and personal finance requirements are typically the biggest barriers to entry for most potential franchisees. When added up, large franchises like McDonald’s come with initial buy-in fees that are more than $1 million. But don’t lose heart—affordable franchises do exist that span a wide range of industries—fitness, cleaning, travel, and more. Some low-cost franchise opportunities can even be operated as home-based businesses with no physical location.

Although it’s certainly possible to buy a cheaper franchise without breaking the bank, low-cost franchises tend to be less well known too, so your profits from the business might not be very high. Before venturing into one of these opportunities, do your research, review franchise paperwork, and evaluate whether the franchise is expected to have a positive uptrend in revenues and customer demand.

Next up, our top 12 cheap franchises to buy if you want to become a business owner. We’ll follow with some information on financing and business loans that can help make your dreams of business ownership a reality.

12 best low-cost franchises for aspiring business owners

1. Cruise Planners

Franchise fee: $10,995

Initial investment: $2,095 to $23,367

Interested in owning a travel company? Then consider Cruise Planners, a franchise representative of American Express, which is one of the most widely recognized cruise planning companies in the country. The bonus: You can operate your Cruise Planners franchise out of your home, making the initial investment in this opportunity among the lowest in the market.

2. Fit4Mom

Franchise fee: $5,495 to $10,495

Initial investment: $6,205 to $24,285

Grown out of the popular StrollerStrides fitness programs for mothers of young children, Fit4Mom offers nationwide franchising opportunities with very low startup costs and attractive scheduling options. Becoming a Fit4Mom franchisee allows fitness instructors to conduct their own Stroller Strides Classes, Fit4Baby Classes, Body Back Classes, Stroller Barre Classes, and Fit4Mom Run Club. You can conduct the classes in your own community and on a schedule that’s convenient to you.

3. Chem-Dry

Franchise fee: $23,500

Initial investment: $56,495 to $162,457

Personal financials: $50,000

With an average of 10 billion square feet of carpet installed each year, it’s no wonder that Chem-Dry has become a successful franchise business. Chem-Dry was founded in 1977 with the goal of cleaning carpets and keeping them clean, and since then, they’ve had a consistent track record of supporting their franchisees to build thriving businesses.

Costs to become a Chem-Dry franchise owner can vary widely depending upon your starting equipment purchases—but some franchisees have begun the process for as little as $56,495, including the franchise fee. Fortunately, if you decide you’re interested in opening a Chem-Dry franchise and need help with the initial investment, this franchisor offers internal financing options to help you get started.

4. Jazzercise

Franchise fee: $1,250

Initial investment: $2,500 to $38,000

Of course, we can’t talk about fitness franchise opportunities without including this gem on our list. Founded in 1969, Jazzercise is no longer all about leg warmers and ’80s music. The business that started the dance party craze is making a modern and hip comeback with dance and exercise classes. Buying a Jazzercise franchise involves submitting an initial investment, finding an ideal location, and polishing up those dance moves. With the low franchise fee and initial investment, Jazzercise is one of the cheapest franchises on our list.

5. Stratus Building Solutions

Franchise fee: $2,700 to $100,000

Initial investment: $3,450 to $100,000

Personal financials: $5,000 to $10,000 minimum net worth and $2,000 to $20,000 cash requirement

Stratus Building Solutions focuses on bringing environmentally friendly solutions to meet the janitorial needs of office buildings, retail shopping centers, restaurants, and more. This franchise started in 2006 and brought on 91 units in 2017 alone.

Stratus Building Solutions offers potential franchisees two options for buying a low cost franchise: unit and regional or executive master. Both options are relatively affordable, but for those that have only a small amount of money set aside to invest in a franchise, the low $5,000 net worth requirement for unit-level ownership makes this option especially appealing.

Interested in starting at a higher level of investment? Stratus offers in-house financing options to help with the initial franchise fee, equipment, inventory, and other startup costs.

6. SuperGlass Windshield Repair

Franchise fee: $5,000 to $17,500

Initial investment: $18,685 to $84,205

Personal financials: $15,000 minimum net worth and $15,000 cash requirement

With just a few weeks of training, almost any aspiring business owner can learn the necessary skills to become a SuperGlass Windshield Repair franchise owner.

Based in Orlando, with locations operating worldwide, SuperGlass Windshield Repair is among the best inexpensive franchises to buy. Focusing on mobile service has allowed this franchisor to keep pace with customer demands, while also keeping startup and overhead costs low for franchisees.

7. Mosquito Squad

Franchise fee: $15,000 to $32,500

Initial investment: $17,050 to $79,425

Most of us think of mosquitoes as annoyance at best, and, in some cases, even a danger to our health. But could saving your neighbors from this backyard pest be your ticket to a profitable business?

Founded in 2009, Mosquito Squad is one the best-known names in pest control nationwide. Since that time, they have over 200 franchise locations and $50 million in sales. Their franchise fee is cheap, plus Mosquito Squad has third-party lender relationships to help facilitate financing, making it easy to get into business ownership.

8. Pillar to Post Home Inspectors

Franchise fee: $21,900

Initial investment: $36,350

With more than 500 franchises in Canada and the United States, Pillar to Post Home Inspectors is an affordable opportunity for a first-time franchisee. This professional home-inspection franchise was started in 1994, and has become the preferred home-inspection company by a number of real estate partners. Join their franchisee team and enjoy the benefits of work-life balance and a proven business model.

9. Property Management Inc.

Franchise fee: $15,000 to $45,000

Initial investment: $21,250 to $106,800

More than 35% of U.S. residents rent their homes rather than own. The growing number of tenants and rental properties means huge opportunity for the property management industry.

Operating more than 200 franchise locations in upward of 40 states, Property Management Inc. offers franchisees the technology, training, and marketing solutions needed to be successful. And you don’t already need to be an expert in property management because Property Management Inc. will provide full-scope training.

Whether you’re an existing property manager looking to grow the scope and support of your business, or you’re brand new to the field but looking for an exciting new career, becoming a Property Management Inc. franchisee gives you a validated model to build your own thriving property management business.

10. Soccer Shots

Franchise fee: $34,500

Initial investment: $41,034 to $53,950

For aspiring business owners who love kids, fitness, and the great outdoors, a Soccer Shots franchise could be the perfect fit. Founded in 2005 by two former professional soccer players, this national franchise enrolled more than 350,000 kids in youth soccer programs last year. And it’s continuing to grow at a 60% rate year over year.

Soccer Shots offers in-house financing to help with the franchise fee. Opportunities to become a Soccer Shots franchisee are limited by geographic territories, but many franchise locations are available in the central and western U.S.

11. Dream Vacations

Franchise fee: $495 to $9,800

Initial investment: $3,245 to $21,850

Dream Vacations is another low-cost franchise offering travel agency services that you can run out of your home. They boast award winning training so the startup to get running will be seamless. As an added bonus, they offer heavily discounted trips and vacations to their franchise owners so they can get to know the experiences they’re selling.

12. Lil’ Kickers

Franchise fee: $15,000

Initial investment: $25,000 to $35,000

Lil’ Kickers offers a great cheap franchise opportunity with a small initial investment. While primarily a soccer program for young kids, they also advertise their locations as developmental centers that have impact with kids beyond the soccer field. If you have experience with kids or simply want to give back to your community, consider opening a Lil’ Kickers franchise for a rewarding business experience.

Financing options to purchase low-cost franchises

When buying a franchise business, it’s important to know that there are options at a range of price points. And, if you’re concerned about affordability, there’s always the option of taking out a loan to help you along the way.

Plus, even if you’re considering an affordable franchise opportunity, it’s likely that you’ll need a little bit of financial help to get started. There are many options for small business loans to purchase a franchise or other business. You can use these funds to help you pay for the initial cost of franchising a business.

How Much Do You Need? See your loan options with Fundera by NerdWallet

The good news is that lenders like the predictability of franchises. Since a franchise already has had a history of some success, lenders feel more comfortable extending a loan to a franchisee. There’s more certainty of successful repayment with a franchise, compared to a brand new company.

Each of these loan products has slightly different benefits, so make sure you find the one that will be right for your future franchise purchase.

Friends and family loan

Provided you have the option available, there can be many benefits to borrowing money from friends and family, including minimal interest rates and a longer repayment schedule. Often, friends and family are willing to give you a much better deal or take on more risk than a bank or traditional lender is willing to.

Of course, there are always drawbacks to involving friends or family in your business finances. It’s especially important to document the loan and repayment expectations in a written agreement before funds exchange hands. That can help you avoid a strained relationship if the franchise’s business plan doesn’t go precisely according to, well, plan. Plus, if you’re interested in writing off the business loan interest as a deduction on your tax return, you’ll need this documentation, anyway.

Franchisor financing

When looking for a more traditional borrowing arrangement to purchase into a specific franchise, your first point of contact should almost always be directly with your franchisor.

Remember, your franchisor has almost certainly been through this process before with other franchisees, so they may be able to offer support, guidance, and even internal funding options or special relationships with lenders to help you with the franchise financing process. In our list above, Mosquito Squad, Stratus, and Soccer Shots all offer some type of internal financing assistance.

That said, along with connecting directly with the franchise to learn about borrowing options, you also shouldn’t overlook comparison shopping with outside lenders to make sure that you’re getting the best available interest rates and borrowing terms.

Traditional term loan

A traditional term loan is likely the first scenario that comes to mind when you think of a business loan. In this borrowing arrangement, you obtain a fixed amount of capital upfront from a lender, then pay back that amount plus interest over time according to a set schedule.

Remember that some term loans carry restrictions that may limit the use of funds on a franchise purchase, so make sure that potential lenders know that you’re considering buying a franchise before you sign any loan agreement.

Also keep in mind that a term loan might be out of reach for a business acquisition—without any history of revenue or time in business, this might not be an option for you. Since a business acquisition term loan is infamously difficult to get, you shouldn’t count on it as a sure thing.

SBA 7(a) loan

If you’ve done any research into getting a business loan, it’s likely that you’ve heard all about the U.S. Small Business Administration’s loan programs. Long repayment terms and low interest rates make SBA loans the most coveted option around for many business borrowers.

The SBA 7(a) loan is a particularly attractive choice for those looking into low cost franchises to buy because it’s highly applicable to franchise purchases and business acquisitions.

But keep in mind that the application process for SBA loans is lengthy and highly selective, so those with a short buying timeline or with poor credit will need to look elsewhere to finance their franchise.

Equipment financing

If the purchase price of the franchise you’re buying into has high initial equipment costs, you might be able to use equipment financing.

Available for the purchase of virtually any form of business equipment—computers, production machinery, cars, and more—an equipment loan works similarly to a car loan in that the price and quality of the equipment you’re purchasing is tied directly into the size and terms of your loan.

And, because the equipment itself serves as collateral on the loan, borrowers who opt for an equipment financing loan tend to encounter fewer personal collateral requirements than they would with other loan products.

The bottom line

Starting a new business can be intimidating. But purchasing a franchise can be a realistic—and much more affordable—entry point for many entrepreneurs.

Bluevine Business Checking NerdWallet rating NerdWallet’s ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. Learn More at Bluevine, Deposits are FDIC Insured

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