Are you an aspiring entrepreneur looking to start your own business in Texas but concerned about the high initial investment? Fortunately, the Lone Star State offers a plethora of low-cost franchise opportunities that allow individuals to realize their dream of business ownership without breaking the bank. From food and beverage to retail and service industries, here are the lucrative franchise options in Texas with modest investment requirements.
The intensive growth of eleven major industries has created a fantastic environment for franchise business opportunities in Texas. These major industries are mining, construction, manufacturing, trade, transportation, utilities, financial activities, and professional and business Services.
Education and Health Services, Leisure and Hospitality, and Other Services. Travel is also an important industry in Texas, and the state is a favorite destination for domestic and international visitors. Tourism revenues provide significant economic benefits for the Texas economy.
There are plenty of cheap and profitable franchise business opportunities available in Texas. Find below our selected list of the best franchise businesses one can buy with a low budget:
List of 20 Low-Cost Franchise in Texas, Houston
1. DonutNV Mobile Food Truck Franchise
DonutNV is a unique and innovative mobile food truck franchise that specializes in serving freshly made, gourmet donuts on the go. With its eye-catching branding and delicious menu offerings, DonutNV stands out in the competitive food truck industry. Franchisees can enjoy the flexibility and mobility of operating a food truck business while capitalizing on the growing demand for artisanal donuts in Texas. The initial investment starts at approximately $50,000 to open a DonutNV franchise.
2. T.A.C.T
T.A.C.T is a professional emergency cleaning service company specializing in the cleaning of post-suicide sites, contagious diseases, unattended deaths, and other biohazard events. Additionally, the company is also specialized in hoarding remediation. Some of the popular services covered by T.A.C.T are mentioned below:
- Suicide Cleanup
- COVID-19 Disinfection
- Undiscovered Death
- Hoarding Clean Up
- Blood Spills
- Odor Removal
- Tear Gas
- Mold Remediation
A minimum investment of $10,000 will be required to start this franchise business.
3. Kona Ice
Kona Ice offers a unique and refreshing twist to the food truck industry with its colorful shaved ice trucks serving up delicious and customizable frozen treats. Franchisees can tap into the growing demand for mobile dessert options at events, parties, and community gatherings across Texas. The initial investment starts at around $20,000.
4. The Maids
The Maids is a popular residential home cleaning company in North America. The company was founded in the year 1979. Presently, The Maids has a strong network of more than 160 franchise owners spread over more than 90 major cities in the U.S. and Canada. The Maids provide all major house cleaning services like washing floors, cleaning faucets, making doorknobs germ-free, and many more. The minimum cash-in-hand required to start The Maids Franchise business is $20,000. The total investment will come to around $76,000 with a net worth of $2,50,000.
5. 360clean Franchise
360clean is a leading commercial cleaning company in the United States. It is ranked among the most profitable cheap franchise opportunities in Texas. Their clients include commercial offices, medical offices, educational, and other industrial facilities. The company was founded in the year 2005. 360clean offers health-focused janitorial and commercial cleaning services by certified professionals. The minimum initial cash required to open a 360clean franchise business is $15000. The franchise fee is $10,000 and the total investment required is in the range of $15,800 – $24,000.
6. Jimmy John’s Gourmet Sandwiches
Jimmy John’s is one of the fastest-growing restaurant chains in the United States. They are famous for serving a wide variety of freshly cooked sandwiches. The company was founded in the year 1983 and recruited franchise partners from the year 1993. As per the latest report, the company has more than 25,00 franchise outlets all around the country. The initial franchise fee for opening Jimmy John’s franchise outlet is $35,000.
7. Cruise Planners
This is a home-based travel agency franchise. Cruise Planners provides franchisees with the tools and support to plan and book dream vacations for clients worldwide. Franchisees can capitalize on the booming travel industry and operate their business from the comfort of their own home in Texas. The initial investment in launching a Cruise Planners franchise is approximately $10,995.
8. Jan-Pro
Jan-Pro is a commercial cleaning franchise. It offers affordable franchise opportunities for entrepreneurs looking to enter the lucrative commercial cleaning market. Franchisees receive comprehensive training, support, and access to proven cleaning techniques and technology to build a successful cleaning business in Texas. The initial investment starts at around $4,000.
9. Jazzercise
Jazzercise is a globally recognized fitness franchise. It combines dance-based workouts with strength training and cardio exercises. The company has low startup costs and flexible franchise models. In addition, Jazzercise offers aspiring fitness entrepreneurs the opportunity to own and operate their own studio or instructor-led classes. The initial investment in opening a Jazzercise franchise is approximately $2,500.
10. Checkers & Rally’s
Checkers & Rally’s is a popular fast-food franchise. It is known for its bold flavors and affordable menu offerings, including burgers, fries, and milkshakes. Franchisees can choose from various formats, including traditional drive-thru locations, food court kiosks, and non-traditional venues. The initial investment requirements range from $200,000 to $1,200,000 to start this franchise.
11. Mathnasium
Mathnasium is a math tutoring franchise. It provides personalized and engaging math instruction to students of all ages. Franchisees can join the growing education industry and make a positive impact on the lives of students while running their own Mathnasium learning center in Texas. The initial investment starts at around $100,000.
12. HomeVestors of America
HomeVestors of America, also known as the “We Buy Ugly Houses” franchise. It offers real estate investment opportunities for entrepreneurs interested in buying, renovating, and selling distressed properties. Franchisees can leverage HomeVestors’ proprietary tools, systems, and support to succeed in the competitive real estate market. The initial investment requirements range from $50,000 to $90,000.
13. Dream Vacations
Dream Vacations is a home-based travel agency franchise. It specializes in planning and booking dream vacations for clients worldwide. With low startup costs and flexible business models, franchisees can start their own travel agency in Texas. You can start this travel franchise with an initial investment starting at around $3,500.
14. Soccer Shots
Soccer Shots is a youth soccer franchise that provides high-quality soccer programs for children aged 2 to 8 years old. Franchisees can join the growing youth sports market and deliver engaging and educational soccer sessions to young athletes in communities across Texas. The initial investment starts at around $41,034.
15. Signarama
Signarama is a leading sign and graphics franchise. It offers custom signage solutions for businesses, organizations, and individuals. Franchisees can capitalize on the growing demand for signage and visual communication products and services in Texas. The startup investment requirements range from $49,500 to $169,000.
16. Maid Pro
Maid Pro is another leading home cleaning company in the United States that started in the year 1991. The company started its franchise operation in the year 1997 and is now spread over 200 locations across the country and Canada. It is one of the best veteran franchise opportunities in Texas and has been ranked by Forbes among the best franchise businesses to buy in 20121 in the U.S. The minimum cash-in-hand required to start the Maid Pro franchise is $75,000 with a net worth of $50,000. The total startup investment will be in the range of $77,560 – $171,160.
17. Wild Birds Unlimited
Wild Birds Unlimited is one of the leading backyard bird feeding and nature-related product sellers in North America. As a Wild Birds Unlimited franchise owner, you will teach customers how to turn their yards into a bird-feeding habitat and promote related products. The company has been serving customers successfully since 1981 and presently has a network of more than 350 franchise locations across the country. The company provides expert advice on creating bird-feeding habitats and selling bird-related products to customers. The initial minimum cash required to start the Wild Birds franchise is $40,000 to $50,000 with a net worth requirement of @3,00,000.
18. Brightstar Healthcare
BrightStar Healthcare is in the business of home care and medical staffing aimed at catering to the needs of senior-age people. The company was founded in the year 2002 and presently has a franchise network in more than 300 locations all across the United States. Brightstar Homecare led by the registered nurse director of nursing offers a wide array of services to customers. Some of them are the following:
- Medication Management
- Alzheimer’s & Dementia
- Disability Services
- Respite Care
- Senior Transportation
- 24-Hour & Live-In Care
- Medical Staffing
The minimum investment required to open a Brightstar home health franchise will be around $105,735. The startup investment can go up to a maximum of $170,457 depending on the location and scale of operation.
19. Action Coach
If you are looking for a profitable franchise business opportunity in the coaching industry in Texas, Action Coach can be a good choice. Action Coach is regarded as a pioneer in the business coaching industry. With more than 35 years of rich experience, the company offers an excellent business coaching opportunity. The company offers a wide variety of coaching modules to learners like executive coaching, group coaching, 1-to-1 coaching, workshops, and webinars. The minimum cash in hand required to open an action coach franchise is $50,000 with a net worth of $75,000. the total investment will be approximately $1,00,000.
20. Great Clips
Great Clips is a lucrative hair care beauty salon franchise opportunity in Texas. It is a leading hair care brand in the northern part of America. Presently, there are about 1,000 franchise business owners operating around 3,900 hair salons in the United States and Canada. If you stay in Houston, Texas, and looking to start a branded hair salon, the Great Clips franchise business is worth considering. The company started its operation in the year 1982 and franchising its hair salon since 1983.
Great Clips is known for high-quality haircuts for men, women, and kids. Additionally, there are hair care beauty products that are sold in the hair salon. The initial minimum cash required to open Great Clips hair-cutting shop is $50,000.
Conclusion: These ten low-cost franchise opportunities in Texas offer aspiring entrepreneurs the chance to start their own business ventures with modest investment requirements and the potential for high returns. Whether you’re passionate about food, fitness, education, or real estate, there’s a franchise option to suit your interests, skills, and budget in the Lone Star State. Take the first step towards entrepreneurship and explore these lucrative franchise opportunities to turn your business dreams into reality in Texas.
Frequently Asked Questions
What is a low-cost franchise opportunity, and how does it differ from traditional franchises?
A low-cost franchise opportunity typically refers to a franchise business model with a lower initial investment requirement compared to traditional franchises. While traditional franchises may require significant upfront capital, low-cost franchises offer more affordable options for aspiring entrepreneurs to start their own business ventures with modest investment requirements.
What are the typical investment ranges for low-cost franchise opportunities in Texas?
The investment ranges for low-cost franchise opportunities in Texas vary depending on the industry, brand, and business model. Generally, initial investments for low-cost franchises in Texas can range from a few thousand dollars to around $100,000, offering affordable entry points for individuals seeking business ownership.
What are the advantages of investing in a low-cost franchise opportunity?
Investing in a low-cost franchise opportunity offers several advantages, including lower financial risk, easier access to financing options, quicker return on investment (ROI), flexibility in business operations, and the opportunity to enter diverse industries and markets without a significant upfront capital commitment.
What factors should I consider when evaluating low-cost franchise opportunities in Texas?
When evaluating low-cost franchise opportunities in Texas, consider factors such as the brand reputation and recognition, franchise fees and royalty rates, training and support provided by the franchisor, market demand and competition, territory availability, growth potential, and your interests, skills, and goals as a business owner.
Are low-cost franchises less profitable compared to higher-priced franchises?
The profitability of a franchise business is influenced by various factors beyond the initial investment, including location, market conditions, management efficiency, and operational effectiveness. While low-cost franchises may have lower initial investment requirements, they can still be highly profitable if managed effectively and operated in high-demand industries or underserved markets.
Can I secure financing for a low-cost franchise opportunity in Texas?
Yes, financing options such as Small Business Administration (SBA) loans, bank loans, equipment leasing, and franchisor financing programs are available to help aspiring entrepreneurs finance their investment in a low-cost franchise opportunity in Texas. It’s essential to explore different financing options and consult with financial advisors to determine the best funding solution for your franchise venture.
What types of support and training do franchisors provide to franchisees of low-cost franchises in Texas?
Franchisors of low-cost franchises typically provide comprehensive training programs, ongoing support, marketing assistance, operational guidance, and access to proprietary systems, tools, and resources to help franchisees succeed. Before investing in a low-cost franchise opportunity, inquire about the franchisor’s support infrastructure and the extent of training and assistance offered to franchisees.
How can I determine if a low-cost franchise opportunity is the right fit for me?
To determine if a low-cost franchise opportunity is the right fit for you, conduct thorough research, assess your skills, interests, and financial capabilities, evaluate the franchise’s business model, market potential, and growth prospects, and seek advice from franchise consultants, existing franchisees, and industry experts to make an informed decision aligned with your entrepreneurial goals and aspirations.
Are there any risks associated with investing in a low-cost franchise opportunity in Texas?
Like any business venture, investing in a low-cost franchise opportunity carries inherent risks, including market volatility, competitive pressures, regulatory changes, and business-specific challenges. It’s essential to conduct due diligence, review the franchise disclosure document (FDD), and seek legal and financial guidance to understand the risks and mitigate potential pitfalls before committing to a franchise investment.
Can I operate a low-cost franchise opportunity part-time or from home in Texas?
Yes, many low-cost franchise opportunities offer flexible business models that allow franchisees to operate part-time, from home, or with minimal overhead costs. Depending on the franchise concept and industry requirements, franchisees may have the option to manage their business on a full-time or part-time basis, providing flexibility and work-life balance tailored to their individual preferences and lifestyle.
Editorial Team at 99BusinessIdeas is a team of experts led by Rupak Chakrabarty with over 25 years of experience in starting and running small businesses. Started in 2010, 99BusinessIdeas is now one of the largest free small business resources in the industry.
