How to start a best franchise to start under 100k in canada? Check cost and other details

Best Franchise Opportunities Under 100K in Canada

Here are some great options for starting a franchise under $100K in Canada, with a focus on cost and other details:


1. Coffee Shops

  • Initial Investment: Around $50,000 to $100,000
  • Franchise Fees: Typically range from $15,000 to $30,000
  • Ongoing Royalties: 5% to 7%
  • Other Costs: Equipment, supplies, and training
  • Franchise Support: Comprehensive training, site selection assistance, and marketing

2. Food and Beverage Franchises (e.g., Fast Food, Smoothies)

  • Initial Investment: $50,000 to $90,000
  • Franchise Fees: Between $10,000 to $25,000
  • Ongoing Royalties: 6% to 8%
  • Other Costs: Interior fit-outs, staff salaries, and inventory
  • Franchise Support: Marketing, operational training, and ongoing support

3. Cleaning Services

  • Initial Investment: $30,000 to $80,000
  • Franchise Fees: Around $10,000 to $20,000
  • Ongoing Royalties: Typically 4% to 6%
  • Other Costs: Cleaning equipment and marketing materials
  • Franchise Support: Training in cleaning techniques, business operations, and marketing strategies

4. Mobile Pet Grooming

  • Initial Investment: $60,000 to $90,000
  • Franchise Fees: Approximately $15,000 to $25,000
  • Ongoing Royalties: 5% to 7%
  • Other Costs: Equipment (vans, grooming supplies), marketing, and insurance
  • Franchise Support: Van customization, training, and marketing resources

5. Tutoring Services

  • Initial Investment: $40,000 to $70,000
  • Franchise Fees: $10,000 to $20,000
  • Ongoing Royalties: 5% to 8%
  • Other Costs: Curriculum development, materials, and administrative costs
  • Franchise Support: Marketing, teaching tools, and operational training

6. Fitness Centers

  • Initial Investment: $80,000 to $100,000
  • Franchise Fees: $20,000 to $40,000
  • Ongoing Royalties: 5% to 7%
  • Other Costs: Equipment, facility lease, insurance, and marketing
  • Franchise Support: Staff training, facility setup, marketing, and customer retention programs

7. Home Care Services

  • Initial Investment: $50,000 to $85,000
  • Franchise Fees: $10,000 to $30,000
  • Ongoing Royalties: 5% to 6%
  • Other Costs: Insurance, training, and staffing
  • Franchise Support: Training in home care regulations, recruitment, and marketing

Disclaimer: The above information is based on typical franchise costs and offerings. This has no guarantee of accuracy and should be verified with the respective franchise company for updated and accurate information.

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