Top Franchises Under $20k

If you’ve been thinking about buying a franchise, but you’re not sure if you can afford it, we have good news. There are some franchise opportunities that won’t break the bank. In fact, these  franchise opportunities start at $20,000 or less. This is an initial investment which includes the franchise fee, as well as several other costs required to get your business up and running.

Many franchises under $20K are  home-based businesses with no major cost factors required for things like construction or leasing  a brick-and-mortar storefront. Some service-based franchises require very little equipment or inventory up front, making them excellent low-cost options as well.

These low-cost franchise companies have a minimum investment of less than $20,000, but their maximum (or average) investment may be higher. Take a look at these franchise reviews and complete the contact form to learn more ab out these low-cost franchise opportunities.

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360 clean employees
Includes owner satisfaction report
out of 100


360clean is a health-focused office cleaning franchise with high franchisee satisfaction and a flexible business model. Download the report to learn more. 

Investment: $35,800 - $46,500 Cash Required: $40,000
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Auto Appraisal Network

Industry: Automotive

Auto Appraisal Network provides a centralized appraisal report process and national network of certified appraisers to ensure consistent, accurate, and professional appraisals.

Investment: $16,700 - $44,275 Cash Required: $3,000
Includes owner satisfaction report
out of 100

Brightway Insurance

Brightway Insurance is a national property/casualty insurance distribution company with more than $900 million in annualized written premium, making it one of the largest Personal Lines agencies in th…

Investment: $18,100 - $173,500 Cash Required: $25,000
Card My Yard franchise opportunity product shot

Card My Yard

Industry: Services

Card My Yard is the original yard greeting service based in Austin, Texas, that specializes in making your BIG day even BIGGER.

Investment: $8,000 - $19,800 Cash Required: $8,000
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Industry: Child Services

COMPUCHILD enriches thousands of children every week through supplemental and after-school classes at child care centers, elementary schools, and community centers in the United States and Canada.

Investment: $14,900 - $29,900 Cash Required: $30,000
Cruise ship on water city lights
Includes owner satisfaction report
out of 100

Cruise Planners

Cruise Planners is the nation’s largest home-based travel agency franchise specializing in booking travel experiences such as cruises, land tours, and all-inclusive resort vacations around the world…

Investment: $2,295 - $23,465 Cash Required: $10,995
Includes owner satisfaction report
out of 100

Dream Vacations-CruiseOne

Home-based Dream Vacation franchise owners sell travel packages, including travel protection, shore excursions, hotels and tours to individuals, couples, families, businesses and groups. 

Investment: $1,795 - $21,000 Cash Required: $3,500
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Industry: Real Estate

NextHome is committed to changing how people buy and sell real estate, putting the human interaction at the center of the transaction.

Investment: $16,250 - $220,345 Cash Required: $4,500
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Property Damage Appraisers

Industry: Services

Property Damage Appraisers (PDA), the nationwide leading independent damage appraisal firm, is revolutionizing the industry by providing consistent quality products at speeds never experienced before …

Investment: $20,300 - $41,950 Cash Required: $20,300
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Rhea Lana's

Industry: Retail

Rhea Lana’s is dedicated to connecting communities by providing a marketplace for families to sell their gently used children’s clothing and other items and shop sustainably through an ups…

Investment: $20,550 - $39,950 Cash Required: $15,000
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JFE Franchising

Industry: Food & Beverage

JFE Inc. creates restaurant quality sushi in a convenient grab-and-go package. Made fresh daily in America’s top supermarkets, university & corporate food courts.

Investment: $20,749 - $331,732

The N2 Company

The N2 Company connects community members through hyper-local magazines in affluent areas and strengthens families by providing flexible, lucrative opportunities.

Investment: $975 - $9,800
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Town Money Saver

Town Money Saver (TMS) is a direct-mail publication featuring local advertisers. The company provides advertising opportunities to smaller, local businesses to help them compete with larger national c…

Investment: $15,700 - $27,000 Cash Required: $15,000
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United Country Real Estate

Industry: Real Estate

United Country Real Estate is the nation’s largest integrated organization of real estate and auction professionals. The company has been an innovator in lifestyle and country real estate market…

Investment: $10,875 - $50,380 Cash Required: $15,000

What Are the Best Franchises Under 20k?

Sometimes, the idea of heading to work day in and day out only to increase the bottom line for someone else can be exhausting. This is why franchising is such an appealing opportunity—particularly to those with an entrepreneurial spirit. However, the idea of franchising and the reality of purchasing a franchise do not often go hand-in-hand, as many automatically assume they do not have the capital needed to invest in a well-known brand with reliable returns. But did you know that there are many franchises under 20K available? These lower-cost franchises allow you to benefit from the autonomy of being a franchise owner without taking on significant debt.

Finding Franchises Under 20K

There are a lot of costs that prospective franchise owners have to consider, and it seems like those costs can add up very quickly. In fact, the startling start up costs of some of the world’s most well-known franchises might leave you feeling like the ability to be your own boss is not available to you.

However, there are more franchises under 20K than you might think. Many of these brands are well-known companies that have already built up a loyal client base, giving you the ability to quickly launch your business and begin seeing a return on your initial investment. In addition, most low cost franchises under 20K are actually home-based businesses, which gives you additional flexibility and autonomy when it comes to operating your new franchise on a daily basis.

For instance, TSS Photography is a mobile photography studio franchise that specializes in school portraits, sports photography and more. Not only does this franchise require an initial investment of less than $20,000, but franchise owners also have access to specialized training that helps them launch a successful photography business that operates on their own terms. With minimal overhead costs and the ability to customize your working hours, this franchise is an awesome choice for someone who prioritizes flexibility and balance.

Reasons to Choose a Franchise Under 20K

These are just a few of the reasons why you might choose one of the best franchises under 20K:

  • Franchises that cost less than $20,000 in start-up costs and franchise fees allow you to start a new business without accruing burdensome debt. You have more financial flexibility and freedom to grow your business and enjoy the profits.
  • When you select one of the low cost franchises under 20K, you are giving yourself more freedom and flexibility to grow your franchise portfolio. Many franchise owners operate a collection of franchises in order to diversify their investments and increase their returns. These reputable franchises are available at a lower price point, making it easier for you to add to your collection.

For example, 360clean is a franchise that you can invest in for less than 20K. As a home-based cleaning business, this franchise is ideal for those who want to own multiple brands and spread their investments across various industries. It offers low overhead costs as well as flexible scheduling, which is why it’s considered to be one of the best franchises under 20K.

What Low Cost Franchises Under 20K are Available?

There are dozens of franchise opportunities available for less than $20,000, which allows entrepreneurs of all ages and stages to find an investment opportunity that complements their lifestyle and fits within their preferred budget.

One franchise under 20K that you might consider is Brightway Insurance, a national property and casualty insurance distribution company. When you purchase a Brightway Insurance franchise, you are given the opportunity to work directly with your clients in order to provide them the coverage that they need all while relying on the support and resources available through trusted Brightway Insurance brand.

Another franchise opportunity that is available is CompuChild. CompuChild is a company that offers supplemental educational materials and resources for students of all ages in the U.S. and Canada. If you have a passion for education, and you enjoy working with young children, then this could be a low-cost franchise opportunity that works well for you. You would have control over the courses that you offer and the experiences that you provide the students in your area while being able to rely on the expert curriculum and business model offered through the brand itself. It’s a way to work in the education industry without having to build a program from scratch.

To many, a franchise under 20K sounds like an impossible dream, but it can actually become your reality. The best thing that you can do is research the different franchises under 20K that are available and select a brand that aligns with your interests, your vision and your business experience. When you find the right fit, you will see how easy it is to thrive as a new franchisee.

Right at Home

Industry: Senior Care

Right at Home franchise serves its clients and community by providing in-home companionship, personal care services, and assistance to seniors and disabled adults who want to continue to live independ…

Investment: $82,000 - $150,800 Cash Required: $150,000
Includes owner satisfaction report
out of 100

Snap-on Tools

Industry: Automotive, Services

Snap-on Tools is a leading global developer, manufacturer, and marketer of high-end tool and equipment solutions for professional tool users. Download the report to learn more about this franchise opp…

Investment: $201,433 - $465,436 Cash Required: $41,121
360 clean employees
Includes owner satisfaction report
out of 100


360clean is a health-focused office cleaning franchise with high franchisee satisfaction and a flexible business model. Download the report to learn more. 

Investment: $35,800 - $46,500 Cash Required: $40,000