If you are looking for a low-cost way to start a business in Canada, finding the cheapest franchise in Canada might be a good option. There are many franchises in Canada that have low initial investments, such as Cruise Planners, which offers travel services and only costs between $2,295 and $23,465 to join. Other affordable franchises include Stratus Building Solutions, which provides commercial cleaning services, Coffee News, which publishes weekly advertising newspapers, and Anago Cleaning Systems, which also offers janitorial services.
However, you should also consider the ongoing costs of running a franchise, such as royalties, training fees, and support fees. These costs may vary depending on the franchise and the industry. For example, Soccer Shots, which provides soccer programs for children, charges a 7% royalty fee on all sales. Other franchises may have different or additional fees that you need to pay regularly.
Therefore, before you start a franchise in Canada, you should do your homework and compare the different opportunities and costs. Franchising can be a rewarding and profitable way to start your own business, but only if you choose the right one for you.
Capitalizing on the cheapest franchises in Canada can be a quick and profitable way to kickstart your own business. We've researched and compiled a list of ten cheap franchises in Canada to get a new business off the ground.
From quick-service restaurants and fitness centers to business services, we've got you covered. This article will outline their franchise fees and what's included in each package.
The 10 Cheapest Franchises In Canada
|Cheap Franchises||Franchising Fee||Initial Investment|
|Cruise Planners||$695 – $10,995||$2,295 – $23,465|
|Coffee News||$9,500||$10,750 – $11,750|
|Jazzercise Fitness||$1,250||$3,780 – $21,775|
|Motto Mortgage||$30,000 – $31,500||$52,800 – $73,800|
|Stratus Building Solutions||$3,600 – $69,000||$4,450 – $79,750|
|Soccer Shots||$34,500||$41,034 – $53,950|
|Anago Cleaning Systems||$4,590 – $32,348||$1,000 – $21,000|
|Liberty Tax Service||$40,000||$62,000 – $78,000|
|Jan-Pro Cleaning Systems||$2,520 – $44,000||$4,170 – $56,020|
|Dream Vacations||$5,000 – $60,000||$18,100 – $173,500|
Overview Of The 10 Cheapest Franchises In Canada
Franchising is no longer just for the wealthy. With more and more small businesses looking for an affordable way to get started, several franchises in Canada offer low-cost options. Here are some of the cheapest franchise opportunities in Canada.
#1 Cruise Planners
- Franchising fee: $695 – $10,995
- Initial investment: $2,295 – $23,465
- Royalty fee: 1.5% – 3%
Cruise Planners is the top home-based travel franchise in the US and is now offering its services to Canadians. With over 20 years of experience, Cruise Planners provides a comprehensive training program to ensure franchisees are well-prepared for launching and running their businesses.
They also offer competitive pricing, access to travel suppliers, marketing strategies, and technology solutions for a successful home-based travel franchise. With such low costs and excellent support, Cruise Planners is the perfect option if you’re looking for the cheapest franchise in Canada.
#2 Coffee News
- Franchising fee: $9,500
- Initial investment: $10,750 – $11,750
To date, one of the cheapest franchises Canada has to offer is Coffee News, a weekly publication filled with light-hearted stories, jokes, and puzzles. This franchise has been around since 1988 and currently operates throughout multiple provinces across the country.
The cost to start this business is modest compared to other franchises in Canada. This makes it an ideal option for entrepreneurs looking to enter the franchise world without a significant upfront investment.
Furthermore, Coffee News offers its franchisees comprehensive training and support, which helps set them up for success in the business. This business has a proven track record of success, which makes it an attractive choice for aspiring entrepreneurs hoping to make their mark in the franchise world.
#3 Jazzercise Fitness
- Franchising fee: $1,250
- Initial investment: $3,780-$21,775
Jazzercise Fitness is one of the cheapest franchises in Canada. This dance-based workout option offers low start-up costs and low ongoing costs, making it an affordable choice for anyone looking to start their own business.
With over 8,000 locations worldwide, Jazzercise has provided its signature mix of cardio, strength training, and stretching moves for over 40 years. The franchise also offers a range of classes, from low-impact to high-intensity workouts, so there’s something for everyone. Plus, the Jazzercise team provides ongoing support and resources to help franchisees be successful.
#4 Motto Mortgage
- Franchising fee: $30,000 – $31,500
- Initial investment: $52,800 – $73,800
You will secure a long-term competitive advantage if you choose Motto Mortgage as your franchise opportunity. Motto Mortgage is one of the most cost-effective franchises in Canada. The franchise offers easy access to pre-approved mortgages and solutions to your clients.
With an initial investment of $50K+ and a franchising fee of more than $30K, you’ll need at least $80,000 just to get started. This is by no means the cheapest franchise in Canada, but it is a profitable and safe investment that gets you set up quickly. It also offers access to a highly experienced team of mortgage advisors and experts who can help you close deals quickly. The Motto Mortgage brand has been around in Canada since 2018, so it’s still a young company. However, it already has solid national recognition.
#5 Stratus Building Solutions
- Franchising fee: $3,600 – $69,000
- Initial investment: $4,450 – $79,750
- Royalty fee: 5%
Another cheap franchise opportunity in Canada is Stratus Building Solutions. Stratus provides a successful franchise business model to help entrepreneurs become their bosses and start their businesses. The company offers franchising opportunities in cleaning, janitorial services, window washing, pressure washing, carpet cleaning, and more.
With low upfront costs and high earning potential, Stratus Building Solutions is one of Canada's most affordable franchise options. The company provides extensive training and support for franchisees, such as access to a comprehensive operations manual, field support resources, on-site training at Stratus corporate offices, and more.
It also offers an enhanced services program to help franchisees grow their business over time. Its innovative technology allows franchisees to manage and track all their cleaning services in real time.
#6 Soccer Shots
- Franchise fee: $34,500
- Initial investment: $41,034 – $53,950
- Royalty fee: 7%
Soccer Shots is a franchise business that provides children aged 2 to 8 with fun and engaging soccer lessons. It has been overgrowing since its establishment in 2003.
The franchise model has been designed in such a way that it allows franchisees to maximize their profits while minimizing their risk. Soccer Shots offers complete turnkey operation, comprehensive training, ongoing support, and marketing materials.
In addition, the company provides a low-fee structure that helps franchisees keep their overhead costs down. This makes it one of the cheapest franchises in Canada today and a fun investment if you like soccer and working with kids.
#7 Anago Cleaning Systems
- Franchising fee: $4,590 – $32,348
- Initial investment: $1,000 – $21,000
- Royalty fees: 10%
As a franchise business, Anago Cleaning Systems is an excellent option for anyone looking to break into the franchising world without breaking the bank. The initial financial investment required to become an Anago franchisee is relatively low.
With their streamlined business model and comprehensive training program, setting up shop with Anago is easy and pretty straightforward.
#8 Liberty Tax Service
- Franchise fee: $40,000
- Initial investment: $62,000 – $78,000
With flexible hours and the option to work from home, Liberty Tax Service provides a great way to start your own business with minimal hassle. The company also offers comprehensive training and support, allowing you to hit the ground running and grow your business quickly.
Furthermore, the company's start-up costs are lower than most franchises in Canada, making it one of the cheapest franchise options.
#9 Jan-Pro Cleaning Systems
- Franchising fee: $2,520 – $44,000
- Initial investment: $4,170 – $56,020
- Royalty fee: 10%
As the top cleaning franchise in Canada, Jan-Pro Cleaning Systems offers an unbeatable price for franchise owners. With over 20 years of experience in the cleaning industry, Jan-Pro provides its franchise owners with superior training, professional marketing support, and ongoing support that helps them get their businesses off the ground quickly and easily.
Franchisees also enjoy low start-up costs and access to the company's national network of cleaning professionals and resources. This makes Jan-Pro one of the most affordable franchises available in Canada and allows franchise owners to begin their businesses with minimal investment.
#10 Dream Vacations
- Franchising fee: $5,000 – $60,000
- Initial investment: $18,100 – $173,500
- Royalty fees: 1.5% – 3%
Cruise one of Canada's majestic rivers, wander through the bustling streets of downtown Toronto or take a gondola ride in beautiful Banff National Park. With Dream Vacations, the possibilities for an unforgettable vacation are endless! This is what you can offer to your customers if you become a Dream Vacations franchisee.
As one of the cheapest franchises in Canada, Dream Vacations provides travellers with access to unbeatable deals on flights, hotel stays, and more, ensuring an affordable and enjoyable experience for all.
Dream Vacations offer its franchisors an opportunity to own a business while providing excellent customer service and unforgettable travel experiences with an expansive network of suppliers offering the best prices.
Tips For Finding The Cheapest Franchise In Canada
It’s still possible to find cheap franchises in Canada, despite the high cost of living in the country. The key is to research your options and study every detail about the franchise before committing to it. Here are some tips to help you get started.
#1 Consider Your Goals
Before investing in a franchise, understand your goals and how a particular franchise may help you reach them. Understanding the level of investment required, potential profit margins, and long-term viability is essential.
#2 Do Your Research
Before investing in any business, especially a cheap franchise, it’s vital to do your research. Learn all you can about the franchise and its current position in the market. Investigate what services it offers and if you can afford it.
#3 Compare Fees And Prices
Different franchises will come with different costs, ranging from startup fees to ongoing management fees. These can vary significantly depending on the franchise’s business model, its size and many other factors, so it is essential to look around and find the best deal for you.
#4 Consider Your Location
Consider the local market in your area when choosing a franchise. Only some franchises will do well in some locations. Do some research and look into the regional competition before settling on a particular franchise opportunity.
#5 Look Into Financing Options
Many franchisors offer financing options to help you get started, but the terms and conditions of these loans can vary. Do your research and compare several different financing options before committing to one.
#6 Understand Your Investment
It's essential to understand what type of investment you're making when buying a franchise. Make sure to research and determine how much risk is involved with each opportunity and what kind of return you can expect.
Benefits Of Investing In A Budget Franchise
In Canada, investing in a franchise business can be a great way to start your own business with much less risk. But how do you choose which franchise to invest in? There are several options for entrepreneurs looking for cheap franchise opportunities in Canada.
Here we will discuss the benefits of investing in a budget franchise in Canada and why it may be the right choice for you.
- The most apparent benefit is that they are more cost-effective than other franchise options, allowing you to get a foothold in the market without breaking the bank. Setting up a cheap franchise also requires much less initial investment and can be done with minimal risk.
- Cheap franchises in Canada are easier to manage and operate than expensive ones because affordable franchises often require fewer resources, less training, and less specialized knowledge.
- Investing in a budget franchise in Canada can be a great way to gain valuable business experience without spending too much money upfront. It can also lead to shorter lead times before you start making profits, as setting up these businesses is usually faster than more expensive ones.
- With less competition, cheap franchises in Canada may have better long-term prospects for success. By building a unique business that stands out from the crowd, customers are more likely to be drawn to your services and products, creating more excellent customer value and allowing you to build a successful franchise.
Starting a franchise in Canada can be cheap. In Canada, Cruise Planners is one of the most affordable franchises in Canada and requires an initial investment of $2,295 – $23,465. Other popular options include Stratus Building Solutions, Coffee News, and Anago Cleaning Systems.
Many franchises may require additional investments to keep the business running. Soccer Shots require a royalty of 7% for all sales. Other franchises may have different costs associated with franchising, such as training fees or ongoing support fees.
Ultimately, starting a franchise in Canada can be achievable and profitable with the proper research and approach.
Cheapest Franchise In Canada FAQs
What franchise can I open with?
There are hundreds of franchises you can open in Canada. Some of the most popular and well-known include McDonald's, Subway, KFC, and Tim Hortons. However, other options include Cruise Planners, Coffee News, Jazzercise Fitness, Motto Mortgage, Stratus Building Solutions, and Soccer Shots, to name a few.
What is the most profitable franchise to own?
The most profitable franchise to own in Canada is Coffee News. Coffee News offers a low-cost investment with the potential for high returns. Coffee News is a weekly publication that features local news, trivia, jokes, horoscopes, and advertising. It’s distributed for free in restaurants, hotels, waiting rooms, and other public places, and it’s one of the most affordable franchises in Canada.
Can buying a franchise make you rich?
Yes, buying a franchise is undoubtedly a wise investment and can lead to financial success. Buying a franchise can be incredibly lucrative with a suitable business model and management techniques.
How is a franchise owner paid?
A franchise owner is typically paid through sales revenues, royalties, and fees. Sales revenues come from the sales of products and services the franchisor offers. Royalties are based on a percentage of sales or gross receipts from franchisees. Fees can include an initial franchise fee and monthly or periodic payments for using trademarks, supplies, and other services.
How long before a franchise becomes profitable?
Generally speaking, most franchises become profitable within 12-18 months after opening. The time to profitability for a franchise business depends mainly on the type of business, its location, and the owner’s management. However, some companies may reach profitability sooner or take longer depending on the mentioned factors.