Service Businesses a More Affordable Path for Franchise Ownership-Opportunities for California Franchisees

Service business may provide a more affordable point of entry for those lacking the funds that were previously available through home equity loans. According to this article, local franchise consultant Cheri Carroll claims that "While a franchised sandwich shop may cost $120,000 or more for the build-out and equipment, or $300,000 for a retail shop, a service business can cost as little as $20,000 to get started, with almost no overhead." Potential California Franchisees may find potential businesses in the following areas: "Some growing service businesses among San Diegans are Gurnee, Ill.-based BrightStar Healthcare and Sandy, Utah-based Spectrum Home Services, which offer nonmedical services to seniors such as running errands and yard cleaning."