As a veteran looking to start a new career, you may feel as though your options are limited, particularly if you are looking to run your own business or open a franchise. The good news is, there are a number of franchises that are dedicated to offering special incentives to veterans who want to open their own business and to be their own boss.
Snap Fitness wellness and fitness studios have been growing like crazy over the past couple of years. There are now more than 1500 of these franchises around the United States. These gyms are open 24-7 for individuals who don’t have time to workout during normal business hours and they have locations in 18 different countries. The typical investment in one of these franchises is anywhere from $109,000 to $285,000. However, veterans receive a $5,000 discount on this franchise fee. You can find more Snap Fitness franchising information here.
If you are a veteran who has always wanted to get into the travel industry, then CruiseOne is a great option to consider. There are almost 1,000 CruiseOne franchises in the United States and this is a home-based business meaning there is little overhead needed to get started. The typical total investment is around $495-$7,840 per year and the company only charges a 1-3% royalty fee, capping their fees at $22,500 per year. Former military members can receive a 20% discount off of the franchise fees and additional discounts if they hire other former U.S. military members and their spouses.
Garage Force sells both garage floor coating systems and storage solutions. This home based business has about 20 franchises right now and is growing tremendously. New business owners should expect to invest around $65,000 in the company, but veterans get a special incentive if they decide to open a business. The company offers 100% financing and a $500 a month credit for the first year of business.
The Junk King franchise provides repair and maintenance services for individuals and is self-proclaimed as being the greenest junk removal service in the country. This mobile business has around 65 franchises in the United States already. The total investment to be a franchise owner can range from $75,000 to $150,000, but veterans get 20% off the franchise fee.
7-Eleven convenience stores can be found all over the country and provide business owners with a great opportunity to earn some extra income. A properly placed 7-Eleven can be very profitable, just ask the more than 8,170 U.S. franchise owners who have stores across the country. The total investment for starting a 7-Eleven franchise can range between $37,200 to $1.6 million. However, veterans get a special discount on the franchise fee and can save between 10-20% on these costs.