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Franchising isn’t just for a select few, it’s for everyone who wants to start their own business. But the idea of franchising can sometimes feel overwhelming, especially when it comes to the money involved.
Some franchisors offer in-house or third-party financing to start your business, but it’s still a significant investment. That’s why so many people are looking at low-cost franchise opportunities.
The 2024 Franchise 500 ranking breaks down the top 15 franchises under $25,000, making it more doable for those looking to jump into the world of franchising without breaking the bank.
Related: Considering franchise ownership? Get started today and take this quiz to find a personalized list of franchises that fit your lifestyle, interests, and budget.
1. Stratus Building Solutions
Established: 2004
Since franchising: 2006
Overall ranking: twenty three
Number of units: 3,641
Change units: +50.6% in 3 years
Initial investment: $4,450～$79,750
leadership: Rob Lancit, Vice President of Franchise Development
Parent company: Not applicable
Stratus Building Solutions specializes in commercial cleaning and disinfection services as a popular franchise that opens at low prices. As a franchisee, we provide commercial, carpet, post-construction, and even medical-grade cleaning services while using healthy, environmentally friendly products. Stratus allows you to open a small business franchise, but if you’re an executive type, you can also open your own mini-franchise system as a master franchisee.
2. Cleaning and disinfecting Jan-Pro
Established: 1991
Since franchising: 1992
Overall ranking: 36
Number of units: 10,654
Change units: +5.3% in 3 years
Initial investment: $4,830～$58,070
leadership: Gary Bauer, Brand President
Parent company: empower your brand
Owning a Jan-Pro Cleaning and Disinfecting Franchise allows you to operate your own cleaning and maintenance company known for its excellent brand reputation. As a franchisee, you sign up for a proven business model and a loyal customer base.
Related: Want to become a franchisee? Run this checklist first.
3. Conger cleaning system
Established: 1989
Since franchising: 1991
Overall ranking: 51
Number of units: 1,835
Change units: +7.2% over 3 years
Initial investment: $11,265～$68,250
leadership: Adam Poblitz, CEO and President
Parent company: Conger cleaning system
Depending on your franchising goals, you can either purchase franchise territory and sell individual units (as a master franchisee) or operate individual franchise units of Anago Cleaning Systems. Either way, you’ll be starting your franchise journey with a reputable brand in the “always on” cleaning industry.
4. Dream Vacations
Established: 1991
Since franchising: 1992
Overall ranking: 54
Number of units: 1,874
Change units: +20.7% in 3 years
Initial investment: $1,795～$21,000
leadership: Brad Tolkien and Jeff Tolkien, Co-CEOs/Chairmen
Parent company: world travel holdings
If a flexible work schedule and a love of travel are your thing, Dream Vacations may be the franchise for you. Founded in Florida, Dream Vacations provides vacation, cruise and other travel services to its customers, including hotel discounts, travel insurance and packages that include grand tours.
Related: Is franchising right for you? Ask yourself these nine questions.
5. Cruise Planner
Established: 1994
Since franchising: 1999
Overall ranking: 122
Number of units: 2,720
Change units: -13% over 3 years
Initial investment: $2,295～$23,465
leadership: Michelle Fee, CEO
Parent company: CP Franchise LLC
Michelle Fee used to be a travel agent but wanted to run her own business. She soon opened her cruise planner from South Florida and planned memorable vacations and packages for her clients. Fast forward to today, Cruise Planners has an extensive network of franchisees who do the same for their customers with a positive attitude and flexible work schedules.
6. Crow management service
Established: 2004
Since franchising: 2004
Overall ranking: 124
Number of units: 1,959
Change units: +55.2% in 3 years
Initial investment: $9,575～$34,500
leadership: Brennen Lundquist, Co-CEO
Parent company: Corvus Holdings LLC
Corvus Janitorial Services provides a full range of commercial cleaning services to our customers to provide a healthier and safer environment. As a franchisor, Corvus provides technical support, training, and customer acquisition as franchisees grow.
RELATED: Check out the brands that have been on the Franchise 500 the longest and are inducted into the new Hall of Fame
7. Sanford Rose Associates
Established: 1959
Since franchising: 1970
Overall ranking: 127
Number of units: 182
Change units: +32.8% in 3 years
Initial investment: $11,400-$14,800
leadership: Karen Schmidt, President
Parent company: K/Busman International Airport Co., Ltd.
Sanford Rose Associates has been a standout in the staffing and recruiting industry for more than 60 years. Franchisees have the opportunity to help people find jobs and partner with recognized leaders in the staffing industry.
8. Leadership Management International
Established: 1966
Since franchising: 1966
Overall ranking: 168
Number of units: 489
Change units: +5.8% in 3 years
Initial investment: $20,000 – $27,500
leadership: Randy Slekta, CEO
Parent company: Leadership Management International Co., Ltd.
Do you have a passion for helping people achieve their goals? When Paul J. Meyer founded Leadership Management International, he wanted to help clients achieve and exceed their goals in their professional and personal lives. We wanted to offer courses and programs that would allow them to do so. If you want to inspire others and boost their self-confidence, Leadership Management International may be for you.
Related: Is franchising right for you? Ask yourself these nine questions.
9. Estrella Insurance
Established: 1980
Since franchising: 2008
Overall ranking: 180
Number of units: 200
Change units: +22.7% in 3 years
Initial investment: $12,250～$84,000
leadership: Jose Merrill, Vice President
Parent company: Confiestrera Co., Ltd.
Want to join the insurance industry without working directly for a major insurance company? Here, Estrella Insurance, a company specializing in home insurance, marine insurance, auto insurance, and commercial insurance services, has achieved leading brand recognition and the largest insurance company. Appears with relationships with insurance companies. Franchisees are prepared to leverage Estrella’s more than 40 years of customer service experience and national marketing campaigns to succeed in their insurance sales.
10. American Billiards Association
Established: 1981
Since franchising: 1982
Overall ranking: 255
Number of units: 340
Change units: +2.7% over 3 years
Initial investment: $23,211～$29,026
leadership: Greg Fletcher, President
Parent company: American Billiards Association, Inc.
Professional pool players Terry “Texas Terry” Bell and Larry “The Iceman” Hubbert partnered to form the United States Pool Players Association, the first organized recreational pool league system in the United States. You don’t have to be a pool fan to become a league operator (franchise), but you do need to be organized to run a local league or event. In fact, local customers may end up attending the annual championship in Las Vegas.
Related: Start your own business or buy a franchise: Which is right for you?
11.Next Home
Established: 2014
Since franchising: 2014
Overall ranking: 265
Number of units: 594
Change units: +43.5% in 3 years
Initial investment: $16,250～$220,345
leadership: James Dwiggins, CEO and Co-Founder
Parent company: Not applicable
Considering franchising in the real estate industry? NextHome is an affordable, innovative option that makes real estate business easier by setting up streamlined processes and marketing for brokers. NextHome’s process is consumer-focused, allowing franchisees to focus on helping buyers and sellers rather than the woes of the real estate industry.
12. Sign Gypsy
Established: 2014
Since franchising: 2020
Overall ranking: 278
Number of units: 716
Change units: +89.4% in 3 years
Initial investment: $4,150～$9,900
leadership: Jason Hess, Director of Franchise Development
Parent company: Sign Gypsies LLC
Sign Gypsies is for creative people who enjoy doing business behind yard signs. Franchisees can stay in touch with our corporate team as we provide local customers with signs for birthdays, anniversaries, graduations, and other yard signage needs.
Related: Franchise vs. Independent Business? 12 Experts Weigh Your Options
13. Building Stars
Established: 1994
Since franchising: the year of 2000
Overall ranking: 294
Number of units: 1,055
Change units: +16.4% over 3 years
Initial investment: $2,445～$53,200
leadership: Chris Blaze, President
Parent company: Facility Brands Co., Ltd.
Buildingstars franchisees help local businesses clean their offices and workspaces. As well as receiving franchisor support, we also have a Rising Star Management Program to develop and support franchisees’ professional aspirations.
14. Card My Yard
Established: 2014
Since franchising: 2017
Overall ranking: 350
Number of units: 533
Change units: +123.0% in 3 years
Initial investment: $9,800～$18,000
leadership: Josh Arnold, Head of Franchise Growth
Parent company: CMY Franchise
A catchy name and relatively low initial investment make Card My Yard a great opportunity for sign business franchisees. For personal or not-so-personal occasions, why send greeting cards when you can transform your lawn? There are very few overhead costs as a franchisee, and you can support your business even if you run your business from home.
Related: How to find a good franchise attorney
15. Augusta Lawn Care Services
Established: 2014
Since franchising: 2019
Overall ranking: 388
Number of units: 133
Change units: +600.0% in 3 years
Initial investment: $12,999～$82,500
leadership: Mike Andes, Founder
Parent company: Not applicable
There’s no need to stress about starting your lawn care business from scratch. Augusta Lawn Care Services offers a strong support network, proven business model and personalized marketing services to help our franchisees succeed.
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