Kona Ice Franchise Opportunity – Newer Founded In 2007
Kona Ice is a lot more than just an ice cream truck
business. Over the years it has come up with many flavorful products while also
making sure to cut down on sugar and promote healthy eating. But this franchise
started out in Florence, KY just a little over 10 years ago but has now grown
into 43 states and has become one of the most successful ones in recent years.
They have been acclaimed by Entrepreneur magazine, and as one of the fastest
growing new franchises, the opportunities are plentiful for aspiring franchise
owners. According to Entrepreneur,
they have the following startup costs:
$119,850 to $140,350 in initial startup investment
A fixed royalty cost
Relatively low overhead costs
Kona Ice has more answers at their Own-a-Kowna website.
BirthdayPak Franchise Opportunity – Newer Founded In 2010
BirthdayPak is another new franchise type of business that
basically functions as a marketing service for local restaurants, jewellers,
boutique shops and other special niche businesses. Local franchise owners here
are responsible for partnering with these local clients and through their
services offering gift card mailing services that give customers gift cards for
birthday occasions. The idea behind this company is to provide clients a
solution for retaining customers. Franchise owners need personal marketing
skills and need to be persuasive, but there are a few benefits that come with
becoming one:
Startup costs are $29,500 to $144,700 which are fairly low
Also, real estate isn’t a necessary startup cost because you
can work based from home though you will be out in the field sometimes.
The initial franchise fee starts at $24,000, but BirthdayPak
does offer financing to help cover it.
Class 101 Franchise Opportunity – Founded 1998
Class 101 is a little older, having been founded back in
1998, but this continues to be a great business opportunity for those who not
only want to be independent business owners but also want to make a difference
in the lives of young students. The idea behind this business was to offer a
support system for young high school students who are looking to get accepted
into prestigious universities or notable colleges but need some financial
assistance to do so. Franchise owners are able to provide support such as ACT
or SAT training, scholarship applications, college program applications and
essays, and so much more. This franchise opportunity definitely fits well with
those who have some background in teaching, counseling, or other personal
mentoring programs, but really anyone with good communication skills and a
drive to help others could succeed as a franchise owner. Other things to
know include the following:
The initial investment is $40,400 to $57,600
The franchise fee is $29,900
The ways you can establish a local franchise is as a single
owner in your local area, a two-person franchise team or partnership, or as a
multiple person ownership known as an education center. But with less than 100
franchises established around the nation, there’s a lot of opportunity for
growth in new markets.
Why would you want to consider becoming a local franchise
owner? It is a way to own a business without having to build it from scratch
and invest in your own brand name, marketing campaigns and other important
setup costs. Now the downside to becoming a franchise owner is that the
franchiser can still set certain policies and procedures including training
sessions that you’ll have to follow in order to become a certified franchise
owner, and of course you’ll need the capital on hand to buy a local franchise. Franchise
Direct can guide you through these and many other options. There are some franchises you could consider
buying in 2020, and some have high investment requirements while others have
$10,000 or sometimes less.
