If you want to set up your own business, you may have already realized that having an entrepreneurial spirit is not enough. The franchisesIn this sense, they are a great opportunity to start leading a company with fewer risks. Not only financial, but also brand-name: it is not the same to make your way in the market with an unknown firm, which must be presented from scratch, than to do so with an already consolidated name behind it.
It is the main advantage of franchises. hide behind a proven experience with a business model that has already been profitable, so there are more chances of success. From there, an inconvenience is also revealed: despite being the owner of the franchise, you have the legal obligation to adapt to the processes and methods imposed by the franchising company.
In case it is not a problem for you, and you want to join the business world, you must properly choose the company where you want to invest. The most recognized, such as McDonald’s or Burger King, require an investment of almost a million, but there are cheaper alternatives that can be ride with less than 20,000 euros saved. And even for less than 10,000 euros. Supermarkets, travel agencies, hotels… There are options for all areas.
Franchises for less than 10,000 and 20,000 euros
It is franchises do not need a large investment, being between 7,000 and 20,000 euros, although the business model must also be studied to see if the money invested can be easily recovered. If you want to become an entrepreneur, here are some of the cheapest that can be set up in Spain:
DAY supermarkets
The chain of supermarkets DAY It has more than 6,000 establishments spread across Spain, Portugal, Argentina and Brazil, where more than half operate with this business model. In Spain alone, they have a network of 1,400 franchises. In addition to the fact that it is a consolidated company, it has the advantage that they offer training to franchisees from the beginning. As stated in his dossier, published in the portal web of DIA, entrepreneurs can take charge of an already operational store with a ‘reduced’ investment:
- Entry Canon: 300 euros.
- Contract guarantee: between 12,000 and 25,000 euros.
- Financing: up to 100% in the initial stock.
- Payment for sale: the franchisee pays for the merchandise when it has already been sold.
- Royalty: 2% on sale.
- Current expenses: 3% on sales.
There is no need to invest in equipment, since DIA delivers the store ready to operate.
Zafiro Tours
From the list, it is one of the cheapest options. As Zafiro Tours points out in its webyou can set up the franchise for only €4,800 plus VAT. For those who do not know it, it is a travel agency present in Mexico, Colombia and Spain. Another advantage is that you do not have to pay a royalty until 2023, being able to reserve the place between July and August to open before the end of the year.
Innovatour
Another travel agency that is easy to set up is Innovatour. The company is responsible for preparing all the documentation and guarantees required by each autonomous community, in addition to providing training for franchisees (15 hours remotely and 25 face-to-face hours). In its dossier comes all the information, but the investment would be as follows:
- Processing for the retail travel agency (anywhere in Spain): 5,500 euros.
- Processing for the wholesale-retail travel agency (anywhere in Spain): 7,000 euros.
- Incorporation of Companies (telematically): 350 euros.
- IATA processing (management only): 3,025 euros.
- Monthly fee: 125 euros.
all prices above include 21% VAT.
BBT Other Brewery
The cheapest franchise on the list. BBT Otra Cervecería is a restaurant chain serving low-cost beers and drinks, although it also offers fast food. It does not have an entry fee and, as reported from its portala very affordable investment of €4,000 plus VAT. From the company they report that the menu has a very simple preparation, being a restaurant for which little staff is needed.
Fotoevents
Within the animation sector, Fotoevents is one of the cheapest. Specialized in organizing events and photo booth rental, among other services, it can be set up in an estimated time of 15 days. This is how they explain it in their dossierwhere the estimated initial investment is 7.500 euros. In said document they explain that, as long as the franchise guidelines are followed, benefits can be obtained after three months.
The Cannabis Shop
We are facing the first Cannabis franchise registered in the specific Registry of trademarks of the European community. It can be opened from 14,900 euros. First you have to pay a fee of 10,000 euros when signing the contract and, the remaining part, in two installments: a first payment 30 days after the opening date and a second 60 days later (both must be guaranteed by securities ).
In the event that a good location has not been found, exclusivity can be requested in a specific area of the city, paying a deposit of 3,000 euros, which is then deducted when signing the contract. Thus, a place is left free, no one could go ahead to create the same business. The locals, as reported in the webthey must be between 10 and 30 square meters.
Sportmadness
Sports enthusiasts also have their chance with Sportmadness, specializing in the management of sports events and schools that helps both public and private organizations design and organize all kinds of services. To set up one of your franchises in Spain, you need a initial investment of 15,000 euros. It would be necessary to add the monthly subscription of 500 euros (300 in Latin America) and 2% of monthly sales, as stated in their portal.
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