Insulation Commandos is a leading name in the home insulation industry, dedicated to making homes more energy-efficient and environmentally friendly.
Embark on a dynamic franchise opportunity with NextHome, a brand that began its franchising journey in 2014 and has since established an impressive network of 608 franchise units.
$16,250
Embark on a transformative journey with the EcoMaids cleaning franchise, a distinctive opportunity to join the thriving green clean movement as a proud owner and operator of a professional green cleaning franchise.
$110,990
As the full-service flagship travel franchise brand of Travel Acquisitions Group (TAG), Travel Leaders boasts a vast network of travel experts spanning the nation.
$2,270
With a robust presence, boasting 450 franchise units, SYNERGY HomeCare continues to redefine the standards of compassionate and professional care for individuals in need.
$47,718
Two Maids franchise offers comprehensive residential cleaning services to its customers.
$93,440
Discover the incredible opportunity of joining the Prime IV franchise family, a rapidly expanding venture that has achieved remarkable success within just 24 months of franchising!
$164,633
Enviro-Master is not just a service provider; it’s a trusted partner ensuring hygiene and safety in countless businesses.
$90,670
Welcome to the world of endless creativity and boundless imagination – welcome to the Creative World franchise opportunity!
$2,445,300
Grounds Guys customers enjoy year-round garden maintenance, enhancement, and creation of the most stunning lawns and landscapes in communities throughout North America.
$82,820
Welcome to the extraordinary opportunity of joining Our Town America, the trailblazer in New Mover Marketing since 1972.
$64,200
With a rich history dating back to 1992, the Dream Vacations brand proudly emerged in 2016.
$1,795
DreamMaker Bath & Kitchen presents a home remodeling franchise opportunity that is truly transformative.
$220,360
In the United States, there are approximately 733,000 franchise establishments that support nearly 7.6 million direct jobs. In addition, their economic output contributes $674.3 billion to the US economy and 2.5% of the Gross Domestic Product (GDP).
Of this major number of 733,000 franchises, around 14% are owned by military veterans, even though they only account for approximately 7% of the population. Veteran franchise opportunities are worth pursuing because vets are much more likely to hire other vets and spread the opportunity, prosperity, and job creation that franchising offers.
There are many franchises for veterans or franchise opportunities for military veterans for several reasons. Among these include the fact that according to VetFran.org, 99% of franchise owners think that vets make for a good franchise fit, 97% of vets are considered excellent franchisees, and 70% of franchises have a veteran franchisee or employee.
Also worth noting is that nearly 90% of veterans and active duty service members expect to start a second career after they leave the military, and nearly two-thirds of these envision owning a business as part of their career path. It is no wonder then that over 630 companies offer special incentives for veterans who want to buy a franchise.
Retiring military personnel looking for franchise opportunities for veterans are in luck because there are many veteran-friendly franchises and veteran business opportunities in a broad range of sectors.
Among the top franchises, there are opportunities for veterans in a wide array of sectors including automotive, home décor, restaurants, hair salons, elder care, shipping, hardware, and more.
However, when it comes to choosing the best franchises for veterans, a couple of trends and factors come to the fore. As such, prospective franchise business owners should consider the following:
Veterans in franchising are already trained for the world of franchise business ownership. Whether you choose to purchase a small business or a larger franchise unit, you can avail of several benefits as a veteran franchisee.
For starters, you do not need prior business or industry experience. That’s because franchisors will train you to set up your franchise business including aspects such as marketing, accounting set-up, vendor relations, operating, pricing and more.
Secondly, you can avail of important benefits or veteran incentives. Examples include reduced initial franchise fees – either as a fixed sum or as a percentage of the cost.
Thirdly, there’s a myriad of franchise opportunities for veterans and you can choose among industries such as home services, senior care, fitness, childcare, tutoring, real estate, junk removal, painting lines in parking lots, mobile flooring retailers, dog-walking, and a lot more. In fact, there are over 2,000 franchise business brands available today.
In fourth place, you can take advantage of free franchise coaching services for veterans.
Fifth, veterans are perfectly suited for franchising because they possess a number of skills that make them advantageous business partners. Among these characteristics and skills include discipline, perseverance, problem-solving, adaptability, organizational skills, teamwork, leadership, flexibility, and others.
Of course, the top franchises for veterans also offer extensive training and support, especially for vets who are new to business ownership.
In addition, the franchise business model is tested and proven and can make for successful veteran franchises. Access to financing can also be secured more easily as a veteran, including reduced initial fees or ongoing royalty payments.
Because there are so many opportunities for vets in franchising, the franchise fee and royalty payments will differ from franchisor to franchisor. However, veterans can get a helping hand in the initial phases of business ownership through reduced franchise fees or even reduced royalty payments. For example, veterans can get from 5% to 50% off on the initial franchise fee. In other cases, there are lump sum discounts on the franchise fee.
To assist you in identifying the best locations for your veteran-friendly franchise, we’ve divided the U.S. into primary regions: Northeast, Midwest, South, and West, each presenting distinct market opportunities for franchise expansion.