Thanks to technological advances, working from home has increased in popularity. There are plenty of options for home-based franchises, too. No matter which industry you’re interested in getting involved with, there’s bound to be an option that will allow you to run the business from your home office.
Home-Based Business Outlook
The outlook for home-based businesses is great. Currently, 50% of businesses in the United States are home-based, which means there are about 15 million companies in the country that are conducive to at-home operation.
Additionally, they don’t necessarily entail high upfront costs. Some 44% of business owners who are based out of their homes needed $5,000 or less to get started. While the upfront cost of many franchises is higher, that also typically results in higher payoffs, plus access to all the resources that franchises offer.
Top Home-Based Franchises
For those who want a home-based business, an at-home franchise is an excellent choice, as they make starting your business significantly easier. You get marketing materials and access to an established name, as well as support and other benefits. The following are some of the top home-based franchises if you want to start one. You will notice that they cover a range of interests.
Garage Kings
Franchise Fee: $57,500-$65,000
Initial Investment: $97,250-$269,500
This at-home franchise has you install custom flooring for garages in your client’s homes. You can offer both epoxy and concrete floor installation. Garage Kings has only offered franchising since 2016, but it has already made a name for itself, especially as the company has been in business since 2014.
To help franchisees, Garage Kings offers financing via a Guidant Financial partnership. You also get access to training and support, including the ability to customize your startup package to provide the gear you need. You also get materials and marketing.
As with most at-home franchises, you will have to travel to client’s homes to install the flooring but can handle all of the administrative aspects from your home.
Chem-Dry
Franchise Fee: $23,500
Initial Investment: $67,645-$178,907
This carpet cleaning franchise has been in business since 1977. Chem-Dry is known for its patented sanitizing and cleaning products. It has been offering franchises since 2015 and has 2,080 locations.
Franchisees receive financing, training, and the benefit of strong brand recognition. This is also the largest carpet cleaning franchise in the country. You get the benefit of more than 40 years of experience in the company’s products and brand name.
The at-home aspect of this franchise would be the booking aspects as well as other business elements. You would visit clients’ homes to provide your carpet cleaning services.
GYMGUYZ
Franchise Fee: $35,000-$44,999
Initial Investment: $56,072-$121,672
GYMGUYZ is a personal fitness training at-home franchise. It is a great option for those who are athletic, love exercising, and want to share their passion with others. It lets you work one-on-one with your clients, providing them with personal fitness coaching.
You sign your clients up to have recurring appointments, so this franchise typically brings in predictable profits. Conveniently, GYMGUYZ does not require any specific certifications. The company advertises that your franchise can be up and running in as little as eight weeks.
GYMGUYZ gives franchisees extensive initial training, including in operations, human resources, business administration, payroll, proprietary software, and customer service.
The home-based portion of this franchise will mostly be administrative. GYMGUYZ has franchisees visit clients in their homes to provide services. Keep in mind that this franchise has you purchase a branded van that you use to visit clients and bring the necessary gear to them. This can increase the initial investment somewhat, but it is still significantly less than starting a traditional gym.
Mosquito Joe
Franchise Fee: $40,000
Initial Investment: $102,850-$148,150
With a Mosquito Joe franchise, you can offer mosquito control services to both commercial and residential customers. The company has been in business since 2010 and franchising since 2013. It has 350 locations across the country. The company is part of Neighborly, which has over 4,000 franchise owners in nine countries.
Mosquito Joe provides owners of at-home franchises with extensive training and support, including in marketing and technology. The operations are also designed to be simple, making them easy to complete from your home.
Molly Maid
Franchise Fee: $14,900
Initial Investment: $110,200-$155,200
Molly Maid is among the best-known cleaning franchises. Franchisees get to take advantage of the instantly recognizable name. Most clients deliver recurring revenue as well, thanks to the likelihood of repeat customers. Nationwide, the brand has a 97% customer retention rate.
Molly Maid provides franchisees with ongoing support, including a dedicated franchise business coach. There are also numerous resources to use.
You can typically take care of most business operations from home with Molly Maid. Most franchisees hire employees to handle the cleaning services, so you will likely not even have to travel to client homes. You could theoretically conduct all of your work in this business from the comfort of your home and let employees handle the traveling.
Enjoy the Home Office Perks
Once you start one of these home-based franchises, you will be on your way to financial success with the help of a strong franchise team. To make it even better, you will get the perks of having a home office, including no commute, no office rental, no office utilities, and the ability to easily fit work into your day where it works best for you.
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