The 12 Best Cheap Franchises Under $1000 for Sale in 2022

If you’re looking to invest in a franchise, one of the first questions you’ll want to be answered is, “What are the cheapest available franchises?”

The cost of starting a franchise can vary widely depending on factors like industry, location, and size. In this post, we’ll take a look at some of the best cheap franchise opportunities available for sale in the US today.

business franchise street sign picture
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When you buy a franchise, you get to become part of an established brand name. This means that your customers will already be familiar with your product and service.

You don’t have to worry about starting from scratch and building up your customer base. Buying a franchise also means that all of the hard work has been done for you.

You don’t have to worry about finding office space, hiring employees, or even buying furniture. All of this has been taken care of by the franchisor.

A good franchise company will offer support and guidance every step of the way. They will help you set up your business and keep it running smoothly.

You can also expect them to be there when you need them most, such as during emergencies or when things go wrong with your product.

Related: 20 Best Medical Spa Franchise Opportunities And Their Cost

What Is a Franchise?

The first thing to know about a franchise is that it’s not just a business. A franchise is a model of doing business.

That means when you buy into a franchise, you’re not just buying an outlet or a storefront; you’re buying all of the resources and operational practices required to create that brand and make money.

Franchises are usually established by companies who have already figured out how to do things in a certain way and they share their expertise with entrepreneurs who want to spread those brands locally.

In exchange, franchisees pay fees (royalties) and follow rules set by the franchisor—and since they’ve already done most of the hard work, franchises get up and running faster than businesses that start from scratch.

What Makes Franchises Great

Franchises have a great reputation because they make it easier to start a business and help guarantee its success.

For one thing, franchisers often provide training in marketing techniques and other facets of running a business.

This saves you time and money because you don’t have to develop those skills yourself from scratch.

Franchises also allow you to build off their existing brand recognition, which can lead to more customers than if you were starting your own name-brand business from scratch.

How to Choose a Franchise?

There are a lot of factors to consider when choosing a franchise. There’s your budget, your skill level, and even whether you want to run a business on your own or with a partner.

If you’re brand new to entrepreneurship, franchising is one of many great ways to go into business without having to worry about all of those details (or what some people refer to as the nitty-gritty).

It can also be much cheaper than going out on your own!

Related: Dollar General Franchise Cost

12 Best Cheap Franchise Opportunities Under $1k

While there are plenty of low-cost franchise opportunities out there, very few offer initial investments under $1,000.

That said, it is possible to start a franchise for as little as $1,000 if you’re willing to accept a home-based business opportunity.

Remember that just because something is cheap doesn’t mean it’s not good—if you’re looking for an opportunity that costs under $1,000, there are plenty of great options out there waiting for you.

Some businesses that fit this profile include:

1. Silpada Designs

The Silpada Designs jewelry business offers an affordable franchise opportunity that you can build around your lifestyle. As a consultant, you’ll sell their handcrafted silver jewelry, which is designed in-house and made by artisans all over the world.

You’ll also earn commissions on your sales and those of your team members, building a residual income. From day one, you’ll have a business development coach by your side to help you learn the ropes and answer any questions.

You’ll also have access to their comprehensive training program that will walk you through everything from business basics to selling techniques and marketing strategies.

Silpada Design’s corporate team has over 20 years of combined experience in both franchised and non-franchised businesses.

For less than $1,000 you can get started as an independent representative of the jewelry company Silpada Designs.

You can make sales from other representatives in your network who you recruit and from your online store. The company offers training materials, marketing materials, and a website to help you get started.

Franchise Cost

  • Investments: $199

2. Cleanout Foreclosures

Cleanout Foreclosures is one of the best cheap franchises, as it offers a great business idea and has low initial investment.

Cleanout Foreclosures is the premier real estate cleanout service, providing foreclosed property cleanout services for real estate agents, banks, and other investors.

The Cleanout Foreclosures franchise opportunity offers a home-based business for those who want to create their schedule.

Experience in the industry is not necessary, but this business is best suited for entrepreneurs who are detail-oriented and reliable.

They are offering a unique and exciting franchise opportunity to be the leader in your local market in the foreclosure cleanout industry.

They’ll show you how to start a profitable business cleaning out foreclosed homes and provide ongoing support to help you succeed.

Cleanout Foreclosures provides The best value in franchising today, with no royalty fees! Proprietary software that allows you to stay organized and efficient while handling multiple projects simultaneously.

All the training you’ll need to start and operate your business profitably, including personal one-on-one coaching from our team of experts.

An experienced team is ready to answer your questions and support you every step of the way, including access to contractors for major services if needed.

Franchise Cost

  • Investments: $349
  • Franchise fee: $349

3. FamilyIQ

FamilyIQ offers a unique and affordable franchise opportunity that is fun, flexible, and easy to operate.

They offer you the ability to make a difference in your community by helping families thrive. You can help children succeed in school and life and support parents as they raise their children.

FamilyIQ is an ideal business for individuals or couples looking for a home-based business with low overhead costs.

There is no need for childcare or complex equipment, making it an ideal business for couples who want to work together to build their family business, or for someone looking for a second income stream that fits into his or her daily routine.

With their proprietary software and mobile app platform, you can manage your new business from anywhere!

Franchise Cost

  • Investments: $179 – $1,495
  • Franchise fee: $179-$1,495

5. Cruises Inc.

Cruises Inc. is a well-established travel agency franchise that’s been in business since the early 1980s. The company offers training and support for its agents, as well as access to more than 30 reservation systems, which power their searches for clients looking to book cruises, tours, hotels, and flights.

Cruises Inc. agents are the most important ingredient in its business model. It is their goal to provide you with all of the tools and support that you need to thrive in your travel business – now and into the future.

Their focus is on helping their agents achieve their goals through innovative platforms, technology, and a comprehensive learning curriculum that helps them learn more about the industry, earn more on their bookings and enjoy more success overall.

The company has helped more than 5,000 individuals across the United States build their successful businesses as part of one of the most respected names in the travel industry – Cruises Inc.

Cruises Inc. agents can expect to earn between 25% and 50% commission on all bookings they make through the company’s reservation systems (a rate that’s typically higher than travel agencies not affiliated with a franchise).

Agents are also offered lower booking fees by some cruise lines, allowing them to save money when booking vacations for themselves or family members.

Franchise Cost

  • Investments: $249

6. Credit Repair USA

In today’s economic environment, there’s nothing more important than a solid credit score.

After all, your credit score has far-reaching effects on everything from whether you can get approved for loans to whether your insurance company decides to underwrite your premiums (and what they decide to charge you).

In essence, it’s one of the biggest factors that can have an impact on both your business and personal finances. This is why it makes sense to consider Credit Repair USA franchise as a business that not only works but also pays off big time in terms of ROI.

Unlike other franchises available at similar costs, Credit Repair USA provides members with access to several tools, features, and applications designed specifically for managing their finances.

Franchise Cost

  • Investments: $199
  • Minimum Cash: $5,000

7. Enzacta

ENZACTA is an international company dedicated to improving people’s quality of life.

They have found that one of the best ways to improve people’s lives is by encouraging them to be more active and, in turn, reducing their risks of all kinds of medical issues.

With ENZACTA you will receive more than just a franchise—you’ll also have access to a support team that is there with you every step of your journey.

As a franchisee, you will receive everything from business training and resources to marketing support—all designed to make sure your business is running smoothly.

The success that ENZACTA has seen across several countries has been due in large part because they do not only help their clients financially through franchising but also emotionally.

Franchise Cost

  • Investments: $250 – $1,050

8. Pajama-Man

With almost everyone requiring insurance, the recession-resistant insurance industry thrives.

Consider becoming an independent insurance broker if you want to run your own home-based business in a high-demand industry on the cheap.

The Pajama Man School teaches you everything you need to know about running a profitable insurance business.

As an independent insurance broker, you will represent top insurance providers in every category, from property and casualty to life and health, without ever leaving the comfort of your own home.

The Pajama Man system gets you up and running quickly and affordably.

Franchise Cost

  • Investments: $1,000
  • Franchise fee: $1,000
  • Minimum Cash: $6,000

9. OrdersIn

OrdersIn provides local restaurants with online food ordering, delivery, and reservations.

This franchise does not necessitate any prior experience.

OrdersIn offers entrepreneurs a simple turn-key solution for offering online ordering to local businesses.

Their licensees earn thousands of dollars in passive income each month.

They accomplish this by launching your online ordering platform and providing support to your company.

They handle all of the details like uptime, maintenance, hosting, and security so you can focus on your business.

orders also offer one-on-one technical and sales training.

Franchise Cost

  • Investments: $149 – $498
  • Minimum Cash: $149

10. What’s On In

The “What’s On In” is a one-of-a-kind home-based franchise that can generate you a main monthly income from within your OWN “exclusive” state, allowing you to share in the $300 million spent online by advertisers in the United States.

What’s On In provides you with a one-of-a-kind franchise opportunity to offer any business the opportunity to advertise on their website, allowing them to reach out to those who are looking.

It brings something very unique to the online advertising marketplace with its self-service platform, high visibility, full tracking, and low advertising cost.

There are no advertising restrictions; any business can place an ad on your website.

All payments are made directly to you by the advertisers.

Franchise Cost

  • Investments: $1,000

11. Space Walk

Space Walk, America’s leading provider of inflatable fun, has over 40 years of experience unlocking people’s success all over the country.

Space Walk’s Partner Program will put you in business for yourself and commit to helping you become a success in your community over the long term.

The company claims to be one of the inventors of the inflatable amusement industry, and they have already assisted many families and individuals throughout the country.

Their experienced and dedicated home office staff, as well as their partner network, are dedicated to upholding their reputation as the best in the inflatable industry.

They also provide excellent customer service to ensure that the Space Walk brand is associated with quality, safety, expert craftsmanship, and, most importantly, fun.

Franchise Cost

  • Minimum Cash: $500
  • Investments: $3,500

12. SongsWithMyName

Personalized music has been around for a few years, progressing from a crude, computer-generated format to the more technically sophisticated (and musically appealing) techniques used today.

However, some of the best-selling children’s characters have only recently become available in personalized form, making an already great product idea even better!

These songs and spoken tracks are performed by real character recording artists whose voices you will recognize!

The albums are a huge hit with the kids, and their parents and grandparents get a lot of satisfaction from seeing how happy they are.

The CDs can be listened to at home, in the car, or pretty much anywhere a portable player can go! Of course, the CD content can be played on any digital device.

Franchise Cost

  • Investments: $500
  • Franchise fee: $500

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