Top 10 Franchises For Veterans In The US
Veterans discharged from active service often pursue business ownership as they transition from the military to civilian life. In the US, veterans own nearly two million businesses and employ over five million people. Franchising is a lucrative business model for them, offering promising opportunities to tap into their business potential and leverage a proven system. There are countless franchising opportunities for veterans in the US, allowing them to explore their entrepreneurial dreams. Many franchisors offer special discounts and benefits to veterans to buy their franchises. Let’s discuss the top 10 American franchises for people who have formerly served in the armed forces.
1.
Mathnasium: Mathnasium is
a company focused on teaching mathematics to children. Its franchise partners
open learning centers to help children master this subject from an early age.
The initial investment for starting a Mathnasium franchise is less than $150,
000. The company is a part of the VetFran program, and it offers veterans a
discount of $2500 on the initial fee.
2.
UPS Store: The UPS store
provides services like packaging, shipping, printing, and more. Its successful
business model offers lucrative opportunities for aspiring franchisees. The
initial investment for opening this franchise is approximately $500,000.
However, eligible veterans can get a discount of $10,000 on the franchise fee.
3.
Dream Vacations: Dream
Vacations is a successful travel agency with a network of 1500 franchisees.
This home-based franchise costs between $3500 and $22,000, making it an
excellent low-cost option. The company offers a 30% discount to veterans and
military spouses on its initial fee.
4.
Tint World: Tint World is one of
the best businesses for franchising in the US if you want to join the
automotive industry. This company provides automotive styling services to
vehicle owners in the US. Veterans receive a 10% discount on the initial fee if
they start a Tint World franchise. The total cost of opening the franchise unit
ranges from around $400,000.
5.
Budget Blinds: Budget
Blinds is one of the top window-covering companies in the US, selling products
and services to elevate people’s homes. It costs less than $150,000 to open
this franchise. Veterans are eligible for a 15% discount on the initial
franchise fees.
6.
Sport Clips: Sport Clips
is a men's hair care company committed to supporting veterans. Qualified
veterans can get a 20% discount on the initial franchise fee. It costs
approximately $260,000-$450,000 to open a Sports Clip location.
7.
Biggby Coffee: This coffee
shop franchise is one of the most lucrative options for veterans in the US. It
provides a 50% discount on its initial fee to people who have served in the
forces. Opening a Biggby Coffee shop requires an initial investment of
$275,000-$450,000.
8.
Mosquito Joe: Mosquito
Joe is a pest control company with low-cost franchise options. Veterans can
start this franchise with an initial investment of less than $150,000. They are
also eligible for a 15% discount on the franchise fee.
9.
Checkers: Checkers is a fast-food
franchise with a 20% discount on the initial fee for veterans. One needs to
spend approximately $725,000-$2,000,000 to start a Checkers unit.
10. Mr. Handyman: This company is a well-known name in the home improvement industry. Veterans may avail themselves of a 15% discount when they start this business. The initial investment for starting a unit ranges from around $117,500.
For more information on franchising for veterans, keep reading Franchising Magazine USA, your go-to resource for franchise advice! Check out their franchise directory in the US and explore expert tips
to learn more!
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