Wanting to start your own business is an excellent ambition. Along with your ambition, you may also have some trepidation because of the thousands of dollars required to become a franchisee. This feeling is understandable.
To help, we’ve researched and found 10 of the cheapest food franchises requiring the lowest initial franchise fees, between $3,250-$30,000.
The franchise fee is the payment a franchisee makes to the franchisor for the right to use the company’s brand, products, and intellectual property.
Keep in mind that the franchise fee is only one component of owning a franchise. You will find the franchise fees along with either liquid capital and net worth requirements OR minimum investment amounts for each one.
Some of these opportunities are food franchises under 10K!
Food Franchise Under 10K in Franchise Fees
Emerald City Smoothie
Emerald City Smoothie is part of today’s growing $2 billion juice and smoothie bar industry. We drink them to nourish our bodies, boost our immune systems, lose weight, and more.
They use fresh fruit and only the highest quality ingredients helping their customers reach their personal health goals while enjoying the excellent taste.
Emerald City Smoothie is a low-cost franchise opportunity with excellent upside potential. Emerald City Smoothie is a premium brand that America loves.
The initial franchise fee is $15,000 with liquid capital of $30,000-$75,000 (depending on whether you are interested in a kiosk or “classic unit” and a net worth requirement of $200,000
CANTEEN
Canteen installs and services vending machines that provide food, beverages, and other consumer items primarily located at business, institutional, and recreational locations.
They operate through their own branch operations and grant franchises for vending services and particular other food, catering, executive dining, etc., ventures.
Canteen has also entered into franchise arrangements to serve as a franchisee for quick-casual and fast food chains such as Pizza Hut, Subway, Einstein Bagels, and more.
If you’re new to franchising, this might be an excellent franchise opportunity to learn, grow, and then do even more!
The initial franchise fee is $3,250 with liquid capital of $1,000—net worth unknown at the time of this writing.
Philly Connection Food Trucks
The Philly Connection concept is Atlanta-based and has been around since 1984. Serving high-quality Philly Connection Cheesesteak and Chicken Cheesesteak sandwiches, they will bring their cheesesteak perfection to both public and private events throughout the Southeast and beyond, as new Philly Connection Food Truck franchisees come on board.
Their mission is to provide their food truck customers with a great Philly Connection food experience at their favorite public venues or private events.
The food truck market size in 2020 surpassed $1.2 billion, with a continued growth of 2.4% in 2021.
This is a ground-floor exciting initial investment opportunity. You can purchase your truck, build it out, attain permitting, and go through training in four months.
The initial franchise fee is $10,000 with liquid capital of $50,000 and a net worth of $150,000
Firehouse Subs
Firehouse Subs, founded in 1995, has been franchising since 1996. It was founded by two former firefighter brothers, who built an homage to firefighting throughout their locations. They offer both hot and cold subs along with specialty salads.
Considered a leader in the fast-casual sandwich industry, they are poised for development with immediate single unit and area development opportunities.
If you haven’t already eaten at one, you’ve probably seen them around.
The initial franchise fee is $20,000 with liquid capital of $80,000 and a net worth of $300,000.
If you’re a veteran, you get a 10% off the franchise fee for your first store.
Cheeburger Cheeburger
Named after the Saturday Night Sketch brought to us in the 1970s by John Belushi, the first Cheeburger Cheeburger opened on Sanibel Island in Florida in 1986. Its motif is a 50s-style diner with hamburgers, french fries, salads, and shakes.
They are actively seeking national and international multi-unit owners with exclusive territory rights and single-unit franchisees.
Cheeburger Cheeburger is a fun concept for a franchisee looking to start a business looking to sprinkle a little amusement and laughter in their career.
The initial franchise fee is $24,000 with liquid capital of $250,000 and a net worth of $250,000
If you’re a veteran, you get 50% off the franchise fee.
Boomarang Diner
Boomarang Diner is a chain of restaurants that serve freshly made hamburgers, fried chicken, steaks, and breakfast all day. Yes, all day.
They launched in 2006, and, to date, they have 30 locations and thousands of satisfied customers in the United States. They have some franchise locations for sale and offer three main components for success - simple to run, trustworthy team, and a supportive environment for their franchisees.
The initial franchise fee is $25,000 with liquid capital of $100,000 and a net worth of $200,000
Opa! Of Greece
‘Opa’ in Greek is a word used to show excitement!
Opa! Greece Provides authentic Greek food that is satisfying. Made with premium ingredients and authentic greek spices to infuse their flavor, along with a reasonable pricing model, why not get excited?!
Opa! was founded in 1998 to meet a demand for the growing popularity of healthy Greek food, and they have been growing ever since. They are located across the U.S. and Canada and are positioned for growth. They exist in malls and in urban downtown areas and would like to expand to more urban storefronts and free-standing buildings.
The initial franchise fee is $25,000 with liquid capital of $100,000 and a net worth of $425,000
Hissho International
Hissho International, LLC does business under various service marks and trade names, “Hissho Sushi,” “Oumi Sushi,” and others. Their headquarters is in Charlotte, NC.
They create destinations where customers flock. Hissho means Certain Victory. Hissho is a recognizable brand with various channels of distribution in over 700 locations in the U.S.
They provide training & support and are always open to new creative ideas, products, and suggestions from their franchisees.
The initial franchise fee starts at $1,450 with liquid capital of $100,000 and a net worth of $125,000
If you’re a veteran, you get 50% off the franchise fee.
Bento Sushi
Bento Sushi is the biggest sushi company in Canada. Their mission is to be their customers’ choice for quick sushi service based on excellence, trust, innovation, and service.
Bento Sushi franchising is available worldwide. They offer a training program, continuous improvement, and a support system.
Reach out and find out more about Bento Sushi.
The initial franchise fee is $25,000 with liquid capital of $150,000—a net worth requirement unknown at the time of this writing.
BIMBO Foods Bakeries Distribution
BIMBO Foods was formed in 1996. Their business is wholesaling and distributing fresh bakery products to distributors to sell to retail food outlets, restaurants, and institutions.
BIMBO offers franchise opportunities in specific geographic territories.
The initial franchise fee is $8,000 with liquid capital of $1,000—a net worth requirement unknown at the time of this writing.
A Final Thought
If you want to be your own boss, take charge of your future, and offer people in your community great food options, and with low initial franchise fees, the above ten franchises might be the best food franchises to own when starting.
Get started with Franchise123. Your new adventure in business ownership is waiting!
