Statistics from the 2018 census-estimated veterans to be roughly 7% of the population (or 18 million). These are people with vast, vital, and transferable skill sets that could be harnessed to grow and effectively manage a business venture. Many franchise owners across various industries have realized this unique potential. Like the U.S. Lawns Franchiseis the best franchise opportunities for veterans offer attractive discounts and other incentives to bring veterans on board as franchisees.
If you’re a veteran looking to transition into civilian life, there are excellent franchise investment opportunities you might want to consider. This article will highlight the 19 best franchises and their various investment costs, fees, and discounts to aid your selection.
1: U.S. Lawns Franchise Company
If you’re interested in joining a profitable lawn franchise that provides excellent working flexibility, you should consider the U.S. Lawns Franchise Company. Start-up costs include at least $35,000 in liquid assets and a credit score of 650. They’re veteran-friendly and offer a $5,000 discount for veteran investors on the initial fee.
2: Edible Arrangements
Edible Arrangements is a great franchise for veterans keen on joining the specialty food sector. The initial franchise fee is $20,000 and requires a total initial investment of at least $173,600. Current military personnel and veterans who were discharged honorably get a $10,000 discount on the initial franchise fee.
3: Juice It Up!
Juice It Up! franchises serve their customers fresh juices and smoothies and have over 12,000 outlets. The initial franchise fee is $25,000, with at least $214,375 in initial investment costs. Veterans qualify for a 60% discount on the initial fee, including other incentives.
4: Merry Maids
Merry Maids franchises provide a wide range of house cleaning services. The franchise cost is $37,500, with a minimum commitment of $89,616. Veterans receive a 20% discount on the first purchase price.
5: Budget Blinds
Budget Blinds is a versatile business specializing in various window coverings. The investment is $124,950, including an initial commitment of $89,950. A $15,000 discount is given to veterans.
Baskin-Robbins is a renowned ice cream chain worldwide with almost 8,000 locations. Their minimum initial franchise fee is $12,500, while the minimum initial investment fee is $93,550. The initial franchise fee is waived for veterans for their first franchise, with other benefits accruing with time.
Dunkin is a 65-year old franchise renowned for its coffee and tasty doughnuts, with approximately 13,000 locations in nearly 50 countries. The initial franchise fee ranges from $40,000 to $90,00, while the initial total investment ranges from $95,700 to $1.6 million. Veterans stand to benefit by getting 20% off on the initial fee when they register in at least five stores.
8: ProSource Wholesale
ProSource Wholesale is a wholesale franchise providing home improvement services with an initial franchise fee worth $46,450 and an initial investment of $509,649. Veterans pay only $20,000 for their initial fee (57% discount).
9: Mr. Handyman
Mr. Handyman is an expert in house repairs and improvements; They demand a $59,900 franchise fee and a minimum investment of $117,500. A 15% discount on the initial price is available to veterans.
10: Two Men and a Truck
Two Men and a Truck is a moving franchise with sites around the United States; their initial charge is $50,000, plus at least $100,000 in initial investment. Veterans are eligible for a 10% discount on their first franchise fee.
11: Visiting Angels
Visiting Angels is a home care franchise focusing on the senior care and health industry. Their initial fee is $45,950, and first-time startup costs of at least $123,460. Since the franchise serves a sizable group of veterans, it can be a fulfilling experience for some veterans to invest in the franchise.
12: Pillar to Post
Pillar to Post is a home inspection franchise spread out across the U.S. Their initial fee is $24,500 and minimum startup costs of at least $41,195. Veterans get 20% off the initial fee.
Experimax is a small computer and cell phone repair franchise with a retail location. Their initial franchise fee is $49,500, with a minimum starting cost of $142,000. Veterans can take advantage of a specific franchising scheme that includes training.
14: Anytime Fitness
Anytime Fitness is a fast-growing fitness franchise with over 3,500 locations worldwide. Their initial franchise fee is $21,000, while the minimum initial investment is $58,870. Veterans get a discount of 20% off the initial franchise fee.
15: Crunch Fitness
Crunch Fitness is a gym business that focuses on memberships and group courses. They impose a $25,000 fee and a $304,500 minimum investment. They are veteran-friendly and provide veterans with secret benefits.
16: Oxi Fresh
Oxi Fresh is a carpet cleaning franchise serving both homes and commercial businesses. Their initial investment is between $39,900 to $50,000, and veterans stand to get a 10% discount.
17: Mosquito Joe
Mosquito Joe franchises offer pest control services and charge an initial fee and investment of $40,000 and $95,600. It is a VetFran member with various incentives for veterans willing to join the franchise.
18: Molly Maid
Molly Maid is a house cleaning franchise charging $14,900 in initial fees and a minimum initial investment of $110,000. Veterans benefit from a 15% discount on the initial fee.
19: Dream Vacations
Dream Vacations is an excellent option for veteran franchisees seeking to enter the travel industry. Their initial franchise fee is $9,800, and an initial investment of $1,795 to $20,300. Veteran benefits include a 20% off on the initial fee and waived training fees for their business partners.