Franchise Business Review Reveals the Top Brands Under $100,000 Based on Owner Satisfaction
Portsmouth, NH – September 4, 2018 – Franchise Business Review, the leading market research firm in the franchise industry, specializing in franchisee satisfaction and performance, announces the Top 80 Low Cost Franchises of 2018. The list of 80 franchises was compiled based on survey feedback from franchisees across nearly 150 low-cost brands. This data was collected between November 2016 and May 2018. Franchise brands on the list had to have high franchisee satisfaction and an initial investment under $100,000 at the time their franchisees participated in the franchisee satisfaction survey.
“Brands that earned a spot on our 2018 Top Low Cost list had a high satisfaction in areas that are crucial to the health of a franchise,” said Eric Stites, CEO of Franchise Business Review. “With their operating costs being lowered, franchisees are able to put more money into expanding their business to succeed.”
You can view the full list of this year’s best low-cost franchises here.
Jeff Bevis, CEO of FirstLight Home Care, one of the leading brands on this years list remarked, “We strive to keep our initial franchise fee at an average or slightly below our entire industry with much greater focus on owner candidates having more of the working capital they need to open, operate a successful senior care business. The primary benefit here is to give our new owners an added amount of working capital they can better utilize vs. paying us more upfront.”
You can read more from franchisors at some of the award winning brands here.
Research on the 2019 Top Overall Franchises is now underway. Franchisors who are interested in participating should visit: www.Tour.FranchiseBusinessReview.com/Awards2019.
About Franchise Business Review
Since 2005 Franchise Business Review, a franchise market research firm that provides the only rankings of franchises based solely on actual franchisee satisfaction and performance, has provided prospective franchise owners with valuable insight from current franchisees and franchisors with data they leverage to improve their brands via its independent surveys of franchisee satisfaction and franchise buyer experiences. Call (603) 433-2270 or visit www.FranchiseBusinessReview.com for more information.