Investing in a franchise can be a great way to start a business with built-in brand recognition, operational support, and proven business models. Fortunately, many franchises don’t require massive capital. If you have a budget under $150,000, there are plenty of lucrative options in industries with high demand and low overhead. Here are the top five franchise industries that are ideal for novice business owners, along with tips on how to get prepared for franchise ownership.
Home services franchises—such as cleaning, landscaping, handyman, and home inspection businesses—are some of the most accessible and profitable opportunities under $150K. They require minimal overhead, often allowing franchisees to work from home or a small office. With the continuous demand for home maintenance, these businesses provide stable and recurring income.
Mobile businesses, such as auto detailing, windshield repair, and oil change services, have grown in popularity due to their flexibility and low startup costs. Many franchises in this sector operate as mobile units, eliminating the need for expensive storefronts.
Health-conscious consumers continue to drive growth in fitness, wellness, and nutrition services. Franchises in this sector include personal training studios, weight loss centers, and boutique fitness classes. Many of these businesses operate with small footprints and membership-based revenue models, making them accessible to first-time owners.
For those with corporate experience, business services franchises offer opportunities in areas like business coaching, marketing, tax preparation, and staffing. These franchises typically require a small office or can be run remotely, keeping costs low while leveraging the franchisee’s professional expertise.
While full-scale restaurants can be costly, small-format food franchises—such as coffee kiosks, smoothie bars, and food trucks—offer affordable entry into the industry. With lower lease costs and efficient operations, these businesses can generate strong profits.
One of the biggest mistakes potential franchise owners make is shopping for a franchise before understanding their financial qualifications. Many franchisors require proof of liquid capital and net worth before approving an applicant. That’s why getting prequalified for funding is essential.
Starting a franchise under $150K is more accessible than many people think. By choosing the right industry, leveraging franchisor support, and securing financing in advance, you can confidently step into business ownership. If you're considering a franchise, get prequalified first so you can move quickly when the right opportunity comes along.
Need help navigating franchise funding? LENDZEE is here to assist you with prequalification and funding solutions to make your business dreams a reality.