5 franchises for under 15K

If you have recently been laid off or you don’t feel appreciated at work, you might be considering starting your own business where you get to choose the rules. Doing so requires having resources and finances. Franchises decrease the amount needed to start a business but they are still not affordable for many.

Here are five affordable yet interesting franchises with a great potential. They require a reasonable investment of $15K or less but provide the opportunities of a much more expensive business. 

Jazzersie Inc

Jazzersize is an innovative concept in the dance fitness industry. It combines jazz with yoga, kickboxing, Pilates, and Tae bo techniques. Jazzersize is a phenomenon that has turned into a culture. Approximately 32,000 Jazzercise classes are held each week in 32 countries. The company has been franchising since 1982 and currently has 8,643 studios. Franchisees are trained and certified instructors. They receive new dance routines to teach every ten weeks. Entrepreneurs can choose between two types of Jezzarcise franchises for a total investment between $3K and $76K. There is a 20% monthly royalty fee and an initial franchise fee which is between $500 and $2,000. Jazzercize is currently seeking franchisees worldwide.

Cruise Planners/American Express Travel

Cruise Planner is one of the top cruise franchises. It is a representative of American Express Travel and as such can benefit from special deals. Franchisees act as cruise dealers who find and communicate with customers. Franchises can be run from home either as a part time or a full time job. Starting a Cruise Planners franchise will cost you between $1.5K and $19.5K. Franchisees have to pay a monthly royalty fee of 3% and to meet the company’s financial requirements of $10K in liquid assets and net worth of $17K . Cruise Planners operated exclusively in the USA and has 1,400 offices which are all run by franchisees.  

Coffee News

Coffee News is a free weekly publication delivered in public places with waiting areas, e.g., for restaurants, coffee shops, beauty salons, hotels. It aims at entertaining people while they wait for an appointment or just make their stay more pleasant. Franchisees are publishers of the issue in their area of operation. They can work with local advertisers, add a new column, or promote local events. The initial investment is between $9.5K and $10.5K. Franchisees pay a franchise fee of $8.5K and a fixed weekly royalty fee of $25 - $80. Coffee News has nearly 900 sites of which 540 are located in the USA. This is a great franchise opportunity for people who want to work from home and who have great communicational skills.

Cruise One

Cruise One is another cruise distributor. Franchisees work from home and deal directly with customers. They sell cruise packages to individuals, families, and groups. Based on their performance they receive a commission for each deal which averages around 15%. Candidates do not need cruise retail experience; the company provides a six-day training program prior to opening a franchise. It also sends regular newsletters with current deals and offers. The initial franchise fee for a Cruise One franchise starts from $500 and goes up to $9.8K. There is also a royalty fee of 3%. The company is currently seeking franchisees in North America, Mexico, and Western Europe.

Kinderdance International Inc.

Kinderdance International is a global kids’ dance lessons and gymnastics program for kids from 2 to 12. The company has been franchising since 1985  and currently has 130 . Instead of waiting for parents to bring their kids to the dance school, Kinderdance goes to kindergartens and preschools where kids are. There are five types of classes which are designed to meet the needs of the kids’ age. Franchisees teach and provide dance shoes and costumes. No dance experience is required. This is a franchise with a low investment. It does not require a studio investment since all classes are held on-site. The total investment in a Kinderdace franchise starts from under $15K. The franchise fee is $12K - $40K. Franchisees pay a royalty fee of 6–12%.