Given that veterans account for at least 14% of franchisees in the US, it stands to reason that discharged service members may be keen to snag a veteran franchise opportunity and transition into the business. To this end, we’ve prepared a list of 19 veteran-friendly franchises from diverse industries. Read on to learn more about each option.
1. Snap-on Tools
Snap-on Tools manufactures and sells specialty tools to professional technicians and weekend enthusiasts. The firm has been in existence for a century and has a wide franchise network. The franchise fee for a Snap-on Tools franchise is between $8,000 and $16,000. Qualified veterans are entitled to a $20,000 discount on their inventory purchases. The total investment is roughly $172,207 to $375,265.
2. PIRTEK USA
With about 100 locations and growing, PIRTEK has carved out a name for itself in the service sector- specifically in hydraulic and industrial hose repair. Veterans can receive 20% discount on the initial $20,000 to $50,000 fee. A PIRTEK investment opportunity calls for a total investment ranging from $160,000 to $780,000.
3. Budget Blinds
The Budget Blinds business model allows franchisees to manufacture and install tailored window coverings. Customers also enjoy a shop-at-home service with the franchise. The initial franchise fee is about $89,000, while the total investment is roughly $124,950. Honorably discharged veterans get $15,000 off the upfront fee.
4. Marco’s Pizza
Marco’s Pizza restaurants offer fast food and pizza delivery services, with priority on high-quality ingredients. Newbies are free to apply. Typical upfront fees for Marco’s franchise are $25,000, with $10,000 off for eligible veterans. Startup costs range between $223,535 and $586,410.
5. Anytime Fitness
Anytime Fitness comprises a network of roughly 3,500 24-hour gyms across the US. As a qualified veteran, you can expect to pay 80% of the $21,000 to $42,500 initial development fee. Your total investment for the franchise would be 58,870 to $521,437, depending on location and other factors.
6. Two Men and a Truck
ï»¿If you’re considering a stable business involving the provision of moving services, this franchise may be a good fit. Qualified veterans are entitled to a 10% discount on the $50,000 franchise fee. The total initial investment for the franchise ranges from $100,000 to $585,000.
7. Midas international
Maintaining a strong reputation has helped Midas International become one of the most renowned car repair firms with about 3,000 locations. Among the franchise’s veteran benefits is a total waiver of the $30,000 development fee. The estimated total investment ranges from $191,650 to $460,482.
8. Sport Clips
This franchise provides sports-themed hair styling and cutting services. Honorably discharged veterans get 20% off the $59,500 franchise fee. Typically, the total startup costs are between $233,800 to $388,300.
9. US Lawns
If landscaping or lawn maintenance sounds like your kind of thing, a US Lawns franchise opportunity would be ideal. Veterans get a $5,000 discount on the 29,000 to $34,000 license fee. And the initial total investment is roughly $39,800 to $81,300.
10. Juice It Up!
This franchise specializes in smoothies and juices for the health-conscious consumer. Qualified service members can receive a 60% discount on the $25,000 startup fee. To set up a franchise, you’ll need to invest between $214,375 and $390,475.
11. Visiting Angels
Visiting Angels provides senior home care services and could be a rewarding opportunity for veterans. The franchise has over 570 US-based locations. Eligible veterans receive a 10% discount off the initial fee of $45,950. Initial setup costs are roughly $123,500.
12. Dream Vacations
This is a widely acclaimed franchise operating in the travel industry, specifically the sale of cruise vacations. Dream Vacations incentivizes veterans through a 20% reduction in the initial $9,800 license fee. The franchise requires a low initial investment ranging from $1,795 to $20,300.
13. Mr. Handyman
The Mr. Handyman franchise offers home improvement services, making it a great option for an investor casting about for a home-based business. If you qualify as a veteran, expect a 15% discount on the $59,900 franchise fee. Total investment costs are about $117,000 or thereabouts.
14. Qdoba Mexican Eats
A popular Mexican-themed restaurant line could be your ticket to business success. Qdoba Eats has 700+ locations across most US states. To get in on the action, veterans are eligible for a 20% reduction in the upfront $30,000 license fee. Expect to invest between $754,000 to $1.56 million in a Qdoba franchise.
15. Link Staffing Services
Link Staffing offers job placement services. Veterans can benefit from a $10,000 discount on the franchise fee ($35,000). For a widely recognized brand, Link Staffing requires an industry-low total investment ranging from $112,500 to $199,000.
16. Five Star Painting
This franchise is in the home improvement sector- offering painting services. Typically, qualified veterans enjoy a 15% discount off the $45,000 initial development fee. The total investment for the franchise is between $74,700 and $184,250.
Dunking is a world-renowned entity (thanks to its strong network of 12,500+ locations) providing coffee and fresh treats. Among the incentives, Dunkin offers veterans a 20% discount on the license fee- this ranges from $40,000 to $90,000. To get their business off the ground, franchisees need to invest roughly $95,700 to $1.6 million.
18. Baskin Robbins
If you’re inexperienced but want to run a profitable Ice cream business, Baskin Robbins might be right up your alley. A startup requires a total investment in the $123,952 and $558,830 range. The franchise may waive the mandatory $12,500 to $25,000 license fee for eligible veterans.
Subway is a quick-service restaurant chain with a global presence. Investment in the franchise requires a $15,000 franchise fee, out of which the firm offers 50% to qualified veterans. Total startup costs run between $100,000 to $342,400.
Hopefully, these opportunities give you a glimpse of what the franchise world has to offer.