31 Best Low-Cost Franchise Opportunities (For 2024)
March 22, 2023
March 22, 2023
Franchises are a great way to start a new business, since they already have the business systems in place. But that initial franchise fee can really limit the options business owners have. Don’t worry! We’ve found 31 low-cost franchises to get you started as a business owner.
We’ve interviewed some amazing franchisors and franchisees like Brandon Vaugh and Mike Andes. Brandon started Wise Coatings and quickly built it into a system that works for other business owners. Mike’s story is even more amazing! Find out why!
We’ve narrowed down the low cost franchises with high profit to:
Find out why these outperform most franchises!
• Franchise fee: $50,000
• Initial investment: $117,400-$160,000
• Royalty fees: 5%
• Average annual sales (company-wide): $5.1 million
• No. of U.S. franchises: 7
Wise Coatings is the nation’s leading concrete floor coating company and one of the best franchises to buy for new business owners looking for a turnkey business for sale in the home services industry. Our YouTube interview with Wise Coatings founder Brandon Vaughn can give you more insights about how to run a successful franchise and the typical day-to-day of a concrete flooring business owner.
While their franchise fee is on the higher side compared to other options on this list, they have in-house financing options available, and that fee comes with extensive training and support from their corporate office.
• Franchise fee: $28,990
• Initial investment: $28,990
• Royalty fees: $0
• Average annual sales (company-wide): $5.9 million
• No. of U.S. franchises: 450
American Business Systems is the largest independent medical billing company in the United States and one of the best low cost franchise options for entrepreneurs interested in the healthcare industry. The initial franchise fee is all-inclusive, covering the extensive training program, lifetime 24/7 phone support, and all the marketing and tools to support their 12 income-generating services. Most franchise owners break even in less than a year with a single client or earn a 6-figure income with 4-5 clients, making it one of the most profitable franchises you can run from home.
• Franchise fee: $34,500
• Initial investment: $44,030-$59,695
• Royalty fees: 5-8%
• Average annual sales (company-wide): $407.4 million
• No. of U.S. franchises: 682
Promotional products are a $150 billion industry, and Proforma is the leading franchise in this space. It can be operated from a home or leased office, and the fact that you don’t need a brick-and-mortar storefront earns its place on our list of low cost franchises. The initial franchise fee includes technology, training, and a startup kit. The Proforma Success System gives franchisees all the tools they need to plan and scale their business, with a worldwide support center and coaches for ongoing help.
• Franchise fee: $55,000
• Initial investment: $55,000-$185,000
• Royalty fees: $0
• Average annual sales (company-wide): $6 million
• No. of U.S. franchises: 1,800
If you want to be your own boss without spending all your time at work, Healthy YOU Vending is one of the best franchises to own. The higher initial investment amount is balanced by the lack of ongoing royalties, meaning your profits are all yours. That investment comes with an established brand and high customer demand for a healthier vending option. This makes Healthy YOU Vending a great way to get franchise owner support while earning passive income.
Check out our Vending Machine Blueprint and learn how to make over $60K each month with machine vending.
MaidThis is a remote cleaning franchise company started by Neel Parekh in 2013 and today it has 17 franchisees. The company makes over $166K per month.
• Franchise Fee: $39,000
• Total Investment: $50,400-$72,650
• Royalty Fee: 7%
• Space Needed: 100-2,000 square feet
• Employees: Work it yourself or hire employees.
• Territories: You can buy more than one territory if they are available in your area.
• Franchising Funding Assistance: Yes, through third party financing services.
Learn more about the remote cleaning business franchise below.
Spray-Net's approach to residential painting narrows it down to a science and speeds up the process. The company currently has just 40 franchisees and its process is patented, meaning it’s totally unique and can’t be offered by any other painter or home improvement company.
• Franchise Fee: $45,000
• Total Investment: $170,825-$241,825
• Royalty Fee: 8%
• Space Needed: 100-2,000 square feet
• Employees: Hire employees or subcontractors to do the cleaning.
• Territories: You can buy more than one territory if they are available in your area.
• Franchising Funding Assistance: Yes, through third party financing services.
Learn more about starting a painting franchise below.
If you’re looking for the absolute cheapest franchise to start, look no further—we’ve found it for you. In fact, it’s one of four cheap franchises under $1000. Keep reading to find out if Dream Vacations is for you.
• Franchise cost: $495-$10,500
• Initial investment: $1,795-$21,000
• Royalty fees: 1.5-3%
• Average annual sales (company-wide): $7.3 million
• No. of U.S. franchises: 1,618
Run by the parent company World Travel Holdings, Dream Vacations is the #1 home-based travel franchise. Not only is it among the cheapest franchises to start, its low ongoing costs make it arguably the cheapest franchise to own, period. Dream Vacations also offers some of the best discounted investment prices for veterans, including 30% off the Dream Vacations franchise fee and waived training fees for military veterans and their spouses.
You’ll love this next one! They have multiple ways to pay franchise fees, an amazing founder, and are a franchise for $10K in revenue in your first two months.
• Franchise fee: $6,999-$25,000
• Initial investment: $12,999-$82,500
• Royalty fees: $699-$1,200/month
• Average annual sales (company-wide): $6.7 million
• No. of U.S. franchises: 92
The lawn care and landscaping industries are ideal for first-time entrepreneurs because you don’t need special skills or years of experience to get started. Augusta Lawn Care Services makes it even easier with their low cost franchises. The profit potential is high with 93% of franchisees earning more than $10K franchise revenue within 60 days, and an average monthly revenue of over $37,000 across all locations.
Check out our interview with Mike below.
Mike has a franchise for small business hopefuls where you can get a franchise for sale by going to work for an Augusta Lawn Care Franchise for two years. His flat rate franchise fees are a rarity when you compare franchises for sale. Check out the three-part series where we follow one of the franchise owners who started by working for Mike.
Find out how to buy a franchise in greater detail or keep reading for more opportunities for franchising a business.
Franchising a small business doesn’t have to be expensive. Keep reading for low franchise fees. You can even find cheap franchises under $10,000 all-in!
• Franchise fee: $695-$10,995
• Initial investment: $2,295-$23,465
• Royalty fees: 1.5%-3%
• Average annual sales (company-wide): $17 million
• No. of U.S. franchises: 2,564
Cruise Planners is a network of home-based travel agents who sell full-service vacation packages. The Cruise Planners franchise fee includes a 6-day hands-on training program at Cruise Planners STAR University in Ft. Lauderdale, Florida, along with their award-winning marketing program and access to their ongoing support and development, like their Cruisitude Academy mobile training program.
• Franchise fee: $570
• Initial investment: $1,545-$10,370
• Royalty fees: 15%
• Average annual sales (company-wide): $131 million
• No. of U.S. franchises: 355
The custom publications produced by Stroll have a hyper-local focus, producing hundreds of magazines aimed at specific neighborhoods or cities. As a franchisee, your role is to gather content, find advertisers, and host events to boost readership. That makes this an ideal franchise for creative entrepreneurs like writers and photographers, as well as community organizers and others who are plugged into their local cultural scene.
• Franchise fee: $995-$46,995
• Initial investment: $2,245-$53,200
• Royalty fees: 10%
• Average annual sales (company-wide): $29 million
• No. of U.S. franchises: 968
Buildingstars is more than just another cleaning franchise. Their management program encourages franchisees to grow their business ownership. At the technician level, the low initial franchise fee makes it easy to become your own boss. If you want more small business revenue, you can move up to a manager’s franchise with larger client portfolios, and high performance can earn you an invitation to their corporate program.
• Franchise fee: $1,000
• Initial investment: $4,150-$9,900
• Royalty fees: 0%
• Average annual sales (company-wide): $3.6 million
• No. of U.S. franchises: 800
Sign Gypsies calls themselves “the idea that launched a million smiles,” adding a special touch to celebrations with custom yard signs. This makes it among the most unique as well as the most affordable franchises. Franchisees keep all of their profits, and the time commitment can be minimal. In fact, about half of their owners use Sign Gypsies as additional income to their full-time job.
• Franchise fee: $1,250
• Initial investment: $2,445-$21,775
• Royalty fees: 20% plus $169-$325/year Music Royalty Fees (Class Owner Franchisee) or $120 per year (Instructor Franchisee)
• Average annual sales (company-wide): $93 million
• No. of U.S. franchises: 7,761
A Jazzercise franchise is one of the cheapest franchises you can buy, period. They offer two franchise models. The Instructor Franchisee is perfect for those who just want to teach, while the Class Owner Franchisee is for entrepreneurs who want to own their own business. While the Jazzercise franchise fee is higher for Class Owner Franchisees, both options are very affordable and include access to proprietary choreography, branding and marketing material, and a worldwide support network of other franchisees.
• Franchise fee: $2,520-$44,000
• Initial investment: $3,985-$51,605
• Royalty fees: 10%
• Average annual sales (company-wide): $47 million
• No. of U.S. franchises: 10,418
Jan-Pro is a low cost franchise business and the #1 commercial cleaning services franchise in the United States. Their initial franchise fee and startup costs vary depending on whether you choose a unit- or home-based franchise, or a master franchise that oversees a group of individual units. The Master Franchise is the more profitable franchise option, while the home-based franchise is the most affordable.
• Franchise fee: $3,600-$69,000
• Initial investment: $4,450-$79,750
• Royalty fees: 5%
• Average annual sales (company-wide): $27.7 million
• No. of U.S. franchises: 2,900
Stratus Building Solutions is a commercial cleaning service that provides regularly scheduled office cleanings for businesses across the United States. It’s the third-fastest growing franchise in the country, as well as one of the best low cost franchises thanks to their Janitorial Unit Franchise option, a great way for new business owners to open a new franchise location with a low initial investment. A more experienced franchise owner can instead opt for the Master Franchise option, a scalable model that gives you an exclusive territory of sub-franchisees to oversee.
• Franchise fee: $4,975
• Initial investment: $45,075-$82,475
• Royalty fees: Varies (flat rate based on population)
• Average annual sales (company-wide): $77.7 million
• No. of U.S. franchises: 749
RooterMan offers residential and commercial plumbing services, from leak detection and repairs to cleaning and septic work. All RooterMan operations are local businesses, owned and operated within their community. You don’t need a plumber’s license in most states to own drain cleaning franchises, and the franchise fees include training in use of their patented drain cleaning equipment.. While equipment is not included in the franchise fee, franchisees get an exclusive discount.
Need a franchise? $10K will cover you with these franchises. Do franchises make you rich? Probably not, but these businesses don’t require business loans to get started because it costs less than $10K for your business. Finances will start improving quickly when you don’t have to pay small business loans.
• Franchise fee: $5,000-$8,000
• Initial investment: $6,050-$13,179
• Royalty fees: 0% ($240/month service fee)
• Average annual sales (company-wide): $18.4 million
• No. of U.S. franchises: Information not available
The Baby Boot Camp franchise through Momleta is the perfect low cost franchise opportunity for moms who want to make money anywhere. The initial franchise fee includes all the equipment you’ll need to run stroller fitness classes along with a training boot camp, and you don’t need any fitness experience to get started.
• Franchise fee: $1,000
• Initial investment: $1,000-$3,000
• Royalty fees: 20-30%
• Average annual sales (company-wide): $7 million
• No. of U.S. franchises: 397
Where do those pop-up tax preparers come from every year? A good portion of them are low cost franchises from 1040TaxBiz. The company offers two models: a seasonal operation that’s only open during tax season, and a year-round shop that offers tax guidance for businesses or complex personal returns. They provide franchisees everything they need to operate, including training, software, and ongoing support.
We have even more businesses you can get started for under $10K.
• Franchise fee: $8,000-$20,000
• Initial investment: $10,480-$51,100
• Royalty fees: 6-12%
• Average annual sales (company-wide): $33 million
• No. of U.S. franchises: 430
United Country Real Estate is the only property management and real estate franchise firm focused specifically on rural areas. Franchise locations are available in Mexico, Canada, and Central America, as well as the United States. The initial investment and startup costs are low compared to other property management franchises, making this an affordable franchise opportunity for real estate agents.
• Franchise fee: $5,015-$31,000
• Initial investment: $11,265-$68,250
• Royalty fees: 10%
• Average annual sales (company-wide): $1.6 million
• No. of U.S. franchises: 1,791
Anago is a commercial cleaning franchise with a variety of janitorial, disinfection, and other cleaning services for businesses. Their proven business model offers two levels. The unit franchisee option is the best low cost franchise option, letting you become a business owner with low startup costs. Experienced entrepreneurs can opt for the master franchisee model to purchase an exclusive territory of cleaning franchises.
• Franchise fee: $5,000-$17,500
• Initial investment: $18,685-$84,205
• Royalty fees: 4%
• Average annual sales (company-wide): $13.2 million
• No. of U.S. franchises: 336
As one of the world’s largest glass repair companies, Superglass Windshield Repair is a cheap franchise to open and a great choice for entrepreneurs in the automotive sector. Their mobile business model gives it a lower overhead cost than other franchises in the auto industry. Franchisees get access to ongoing training along with marketing resources and strategies to help scale their revenue quickly.
Interested in the food industry? Consider these franchising opportunities.
• Franchise fee: $2,500
• Initial investment: $10,000-$30,000
• Royalty fees: $0
• Average annual sales (company-wide): $3.4 million
• No. of U.S. franchises: 2,600
The food franchise industry can be expensive to get into. Krispy Krunchy Chicken is among the top cheap restaurant franchises both for profitability and franchisee experience. It’s also a great add-on for small business owners, as it’s easy to integrate into a convenience store, supermarket, or other existing retail outlet. Along with a low franchise fee, it requires a minimal ongoing investment since there are no royalties.
• Franchise fee: $0
• Initial investment: $15,950-$288,118
• Royalty fees: 0%
• Average annual sales (company-wide): $17 million
• No. of U.S. franchises: 1,098
If you’re looking for cheap fast food franchises, Chester’s should be at the top of your list. It’s a smart business investment, one of the few options that’s both royalty-free and has no franchise fees, with the initial costs all going straight into the restaurant. While Chester’s doesn’t have in-house financing, they have third party lender relationships that give franchisees excellent terms.
• Franchise fee: $8,000-$13,000
• Initial investment: $12,575-$29,375
• Royalty fees: 8%
• Average annual sales (company-wide): $18.7 million
• No. of U.S. franchises: 78
Founded by chef Barrett Allman, Chefs for Seniors is one of the best low cost franchises for cooks and food lovers. The company provides fresh food for seniors cooked right in their homes, a unique business model that both fills a need and has a high demand and revenue potential. That growth is only likely to accelerate as the U.S. population ages and the need for this type of service grows, making this a great opportunity to get in on the ground floor of a soon-to-be booming industry.
• Franchise fee: $5,000
• Initial investment: $64,000-$227,000
• Royalty fees: Varies
• Average annual sales (company-wide): $27.8 million
• No. of U.S. franchises: 100
Started in 1937, the delicious donut recipes of Southern Maid Donuts have stood the test of time, and that long history is part of why this is among the best low cost franchises in the food industry. The initial franchise fee grants you the license, as well as the recipes, training, operating manuals, and guidance throughout the opening process.
These are more great opportunities for you to find a franchise. Check out some of the best low-cost franchises for 2024!
• Franchise fee: $7,495-$13,395
• Initial investment: $8,245-$28,185
• Royalty fees: 4%
• Average annual sales (company-wide): $227.1 million
• No. of U.S. franchises: 250
The three franchise models of Fit4Mom have varying franchise fees, but whichever way you go, it’s a low cost franchise with the potential to be a very profitable business. The initial investment costs are scaled to the size of the territory, so the more you put in, the more clients you’ll likely get. All models get access to all of their fitness programs, along with training in all of the programs.
• Franchise fee: $17,750
• Initial investment: $29,650-$67,650
• Royalty fees: 6%
• Average annual sales (company-wide): $1.1 million
• No. of U.S. franchises: 103
The original fee-for-service real estate company, Help-U-Sell offers a range of affordable services for home sellers. It’s also one of the top low cost franchises for real estate agents and other professionals in the property management industry. The franchise fee covers extensive training, marketing materials, and ongoing marketing and operations support for franchisees.
• Franchise fee: $4,500-$8,750
• Initial investment: $16,250-$220,345
• Royalty fees: $200-$210/month
• Average annual sales (company-wide): $1.9 million
• No. of U.S. franchises: 578
Another top path to business ownership for real estate professionals, NextHome’s affordable franchises are available under a 1-year or 5-year franchise agreement, and their royalty structure is flexible, too. They were top among cheap franchises 2022, ranked #1 across industries by Franchise Business Review. Franchisees get access to ongoing marketing and operational support in addition to the robust training program.
• Franchise fee: $30,000
• Initial investment: $40,000
• Royalty fees: Varies
• Average annual sales (company-wide): Information not public
• No. of U.S. franchises: Information not public
Phoenix Ecom is the best franchise opportunity in the online retail space. They help Amazon store owners scale with automated inventory management and account health monitoring. While the franchise fee is on the higher side, the other startup costs are minimal, and they have financing options available. It’s also ideal for first-time entrepreneurs looking to buy their own businesses, with a step-by-step onboarding process and fully automated processes that deliver passive income.
• Franchise fee: $5,000
• Initial investment: $5,000-$35,000
• Royalty fees: 0%
• Average annual sales (company-wide): Information not available
• No. of U.S. franchises: 1,000
Fastest Feedback is a B2B company that helps businesses across industries gather better insights from their customers. It’s among the best low cost franchise opportunities for entrepreneurs interested in digital marketing. Franchisees get an exclusive territory and can earn a 6-figure profit in their first year. You won’t need to take out a business loan to start it, either, thanks to the low initial franchise fee.
• Franchise fee: $13,000-$26,000
• Initial investment: $19,997-$32,997
• Royalty fees: Varies
• Average annual sales (company-wide): $5 million
• No. of U.S. franchises: Information not available
The Blam Partnership Programme helps tech entrepreneurs become small business owners and create multiple income streams. As a Blam franchisee, you’ll provide services like SEO, digital marketing, social media management, mobile apps, and AI websites for SMBs around the world. You can start making revenue within 14 days of starting their training program, putting this among the top low cost franchises you can start quickly. The classic package includes digital marketing courses, web and app design strategy training, logo creation and marketing material, and ongoing mentorship and support, and the perks go up at the Boost and Elite levels.
• Franchise fee: $15,000-$42,500
• Initial investment: $30,300-$89,750
• Royalty fees: 6-9%
• Average annual sales (company-wide): $18 million
• No. of U.S. franchises: 231
Here's a little something extra! We've saved one of the best for last, since it's sure to leave you smiling:
Skyhawks Sports is one of the most unique low cost franchise opportunities, giving franchise owners a chance to give back to their community while they grow their business. Their mission is to provide afterschool and summer activities for kids ages 4-14, whether that’s a baseball, football, or soccer program, a sports tournament, or sports-based summer camps.
We’ve covered franchising opportunities that span a wide range of industries. From cleaning companies to exercise, construction to food, marketing, even traveling! Which franchise business would you like to learn more about?
Brandon Boushy
[su_youtube url="https://www.youtube.com/watch?v=Z1Iz4tTVrZE"]
Afshan explained that she did quite a lot of research before launching her shoe line. [su_quote]I studied the artisan market. It turns out it is a $32 billion industry.[/su_quote] Analysts project the global footwear market to reach a value of over $500 billion by 2027. And if you want a slice of that pie, you must narrow down your market and make key choices that will guide the course of your business. The easiest (and fastest) way to open a shoe store is to buy one that’s already up and running. You can check business listings to see what’s available in your area and how much you should expect to spend.Extension | Intended use |
.com | For-profit businesses, but the gold standard for extensions |
.net | Internet service providers (ISPs) or networks |
.org | Non-profit organizations |
.co | Global businesses or startup companies |
.us | Organizations and businesses in the United States only |
Term | Definition | Explanation |
Registrar | A company that manages and reserves domain names. | You will use a registrar to reserve the domain names you selected and then pay an annual fee to guarantee the reservation for a specified period. |
Template | A professionally designed layout for a website that companies provide to customers to help them build their site. | Many providers in this industry understand that their average customer either can't or does not know how to create a website from scratch with code. So, they provide predesigned templates that guide the user to design a website that includes fonts, features, colors, and functionality. Isn't that nice? |
URL | A Uniform Resource Locator (URL) is the complete address of a website or web page, structured as https:// (or http://) www.domain name.extension. | An example is https://www.upflip.com. |
Web hosting company | A company that sells space on a server to allow customers to publish their website on the World Wide Web. | As the name implies, these companies will "host" your site and make it display on the Internet. |
Website builder | An app or special software that helps you create a website. | Builders usually consist of templates that enable customers to build a website without design or coding skills. It can be PC-based software, an online app, or a mobile app. |
An expanded list of web terminology is available. There's good stuff there.
Reason | Details |
You can build a free site. | The Wix logo will be visible on your site, and the word "wix" will be part of your URL. |
Tons of apps are compatible and available. | Wix sells apps, but before buying, check for Wix-compatible free options. For example, you might be able to create forms for free using Magic Form Builder. |
Wix has an image library. | Their decent image library is enhanced by search functionality that finds images matching your site’s color palette. |
Platform | Best for ... |
Squarespace |
|
Wix |
|
BlueHost + WordPress |
|
Have you ever considered starting a business with your spouse? If so, check out these fantastic business ideas tailor-made for couples!
The concept of husband and wife business ideas has been around for a long time, and the prospect of building your dream life together is undoubtedly appealing. Let's explore some great business ideas for couples!
[su_note note_color="#dbeafc"]Click a link below to skip to the idea that interests you (and your partner!) most.
There are numerous considerations when couples decide to start a small business together. You’ll want to:
You’ll also want to find ways to make sure that both partners feel fulfilled by the business. That means you should:
• Average Annual Revenue: $46K
• Average Profit Margins: 14.6%
• Startup Costs: Under $100-$200
• Time To Revenue: 1 month to 3 Years
• Annual Market Growth Rate: -1.50%
• Best for: Couples with writing, graphic design, and other content creation skills, strong marketers
A blog can be a great business venture on its own or in combination with other business ideas like a podcast, vlog, or online education business. It’s easy to get started but can take a while to build an audience and generate regular and recurring income.
One of you can write, while the other does design, or work together on everything.
Kevin Espiritu used a blog to turn his passion for gardening into a $7.3 million-a-year business. Hear his story in this podcast interview:
• Average Annual Revenue: $50K
• Average Profit Margins: 7.3%
• Startup Costs: $1K-$10K
• Time To Revenue: 1-6 months
• Annual Market Growth Rate: 0.3%
• Best for: Photographers, visual artists, people who want flexibility and passive income
A photography business can be a highly profitable business, and it is among the best couple business ideas to run from the side at home. There are tons of sites to sell stock photographs, including:
• Average Annual Revenue: $46K
• Average Profit Margins: 14.6%
• Startup Costs: $100-$200
• Time To Revenue: 1 month to 3 Years
• Annual Market Growth Rate: -1.50%
• Best for: Writers, editors, SEO and digital marketing experts
Writing content is a great business idea for couples who want to start their own business quickly out of their home. Just set up a profile on a freelance platform like Upwork or Fiverr and you can begin accepting clients in minutes.
• Average Annual Revenue: $61K+
• Average Profit Margins: 10.8%
• Startup Cost: $300-$5K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 2.4%
• Best for: Detail-oriented people with strong customer service skills, people who like physical work and don’t mind getting their hands dirty
The low investment to start a cleaning business is one thing that draws people to this niche. Demand is also strong and growing, at a rate of 6.6% each year for the last decade.
Chris Mondragon grew Queen Bee Cleaning Services to $120,000 a month in revenue from an initial investment of just $5,000. He teaches how to follow his model in his 7-Figure Cleaning Business Blueprint. You can also watch this interview with Chris to hear how he started:
[su_youtube url="https://www.youtube.com/watch?v=d4Iip7BHXwg"]
You can even start a remote cleaning business.
• Average Annual Revenue: $1.6M
• Average Profit Margins: 4.3%
• Startup Cost: $500-$250K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: -5.6%
• Best for: Graphic designers and visual artists, marketing experts
An online store selling custom-printed items is among the best business ideas for creative entrepreneurs who want a passive income stream.
People buy customizable printables for a lot of reasons, from marketing swag and business gifts to favors for weddings and parties. All of those niches mean lots of potential customers for your eCommerce business.
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• Average Annual Revenue: $239K+
• Average Profit Margins: 5.3%
• Startup Cost: $100-$1K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.4%
• Best for: Web developers, programmers, graphic designers, SEO experts
Every business needs a website but not all business owners can make one. If graphic design, visual layout, or coding are among your or your partner’s interests, website design is a good business idea with a low investment up-front and a lot of growth potential.
• Average Annual Revenue: $35K-$50K
• Average Profit Margins: 10.5%
• Startup Costs: $100-$200
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.9%
• Best for: Highly-organized people, excellent communicators with strong time management and problem-solving skills
Virtual assistants (VA) help busy professionals take care of day-to-day tasks, like scheduling appointments, booking travel, and similar administrative things.
Being a VA is a great online business idea because it has a low investment to start and doesn’t require any special skills. The hours are usually flexible, too, making it ideal for parents looking for business opportunities they can fit around other commitments.
• Average Annual Revenue: $817K
• Average Profit Margins: 6.9%
• Startup Costs: $1.8K-$16K
• Time To Revenue: 1-6 months
• Annual Market Growth Rate: 1.3%
• Best for: Marketing experts, writers, visual artists, graphic designers, people skilled in SEO, SEM, and other digital marketing techniques
Similar to web design, creating compelling advertisements requires a unique set of skills that not all business owners have. This makes it a profitable business idea with a lot of growth potential, especially for a two-person team.
• Average Annual Revenue: $182K+
• Average Profit Margins: 4.3%
• Startup Cost: $2K-$10K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 0.5%
• Best for: People who want flexibility and passive income potential, system-driven entrepreneurs
Do you ever wonder who makes money from the vending machines in workplaces, schools, and other businesses? It could be you if you start a vending business!
Vending has a high profit potential without needing a huge time investment. UpFlip’s Vending Bootcamp teaches you how to get started step-by-step. You can also watch this interview with Hill Vending founder Adam Hill to learn how he got started:
[su_youtube url="https://www.youtube.com/watch?v=-s_Y-O1nosw"]
• Average Annual Revenue: $234K+
• Average Profit Margins: 5.8%
• Startup Cost: $100-$1K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.1%
• Best for: Teachers and educators, people with in-demand skills and knowledge, writers and content creators
Selling online courses lets you make a living sharing your knowledge. Creating the course takes the most work. Once you’ve made online educational resources, you can run a profitable business with little time investment.
It’s also a cheap business to start. Jacques Hopkins started his online course business with a $ 150-a-month budget, and he’s grown it to more than $40,000 a month in revenue. Hear his advice in this interview:
• Average Annual Revenue: $18K+
• Average Profit Margins: 13.10%
• Startup Cost: $100-$1K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 8.5%
• Best for: Teachers and educators, excellent communicators and motivators, experts in academic subjects or test prep
Speaking of an online education business, tutoring is another of the best business ideas for couples who are educators. You can run a completely online business with virtual tutoring sessions or set up an online portal to connect with in-person students.
There are a number of tutoring platforms where you can begin accepting clients to get your business up and running. Some of the most popular include:
• Average Annual Revenue: $1.8M+
• Average Profit Margins: 36.1%
• Startup Cost: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 8.2%
• Best for: financial advisors and money experts, investors and stock traders
For business partners with a background in finance, investment management is a highly profitable business idea. The people who have investments to manage tend to be high-earners, so you can easily build a client list of people willing to pay top dollar.
Bear in mind that investment advisors need to be registered with the Securities and Exchange Commission (SEC) and may also need to register with their state in order to operate legally. The SEC explains how to register on its website.
• Average Annual Revenue: $364K
• Average Profit Margins: 6.4%
• Startup Costs: $1K-$3.5M
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: 2.2%
• Best for: Creative problem solvers, excellent communicators and motivators, experts in in-demand areas like marketing, human resources, and leadership
Entrepreneurs will pay top dollar for business development advice that helps them grow revenue, become better leaders, master their digital marketing, or hone other necessary skills. A couple with that expertise can make excellent business partners for a consultancy business.
The key to success is finding the right niche market. For example, Ryan Gromfin turned his experience managing five-star restaurants into a $ 35,000-a-month restaurant consulting business. Hear his advice here:
• Average Annual Revenue: $63K+
• Average Profit Margins: 10.5%
• Startup Costs: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.5%
• Best for: Empathetic entrepreneurs, active listeners and great communicators, people with strong organization, time management, and creative problem-solving skills
Coaching can be a very profitable business to start with a business partner because you can accelerate your growth and build your client list twice as fast. You can be a coach in any area where you’re an expert, from personal organization to parenting to being a landscape and gardening consultant.
• Average Annual Revenue: $817K
• Average Profit Margins: 6.9%
• Startup Costs: $100-$10K
• Time To Revenue: 1-6 months
• Annual Market Growth Rate: 1.3%
• Best for: social media experts, designers and content creators, data analysts, people with SEM, SEO, and similar digital marketing skills
A digital marketing agency is one of the top business ideas for couples who want high-profit potential as well as schedule flexibility. Most businesses today need an online presence, and that puts digital marketing skills in high demand.
The digital marketing firm Socialistics has grown to $500,000 a year in revenue by attracting big-name clients like the Air Force and Habitat for Humanity. Find out how they got started in this interview:
[su_youtube url="https://www.youtube.com/watch?v=kb1czTEK8f8"]
• Average Annual Revenue: $712K
• Average Profit Margins: 14.6%
• Startup Costs: $100-$200
• Time To Revenue: 1 month to 3 years
• Annual Market Growth Rate: -1.5%
• Best for: Writers and editors, strong online marketers, couples seeking a passive income stream
Selling e-books is a very flexible business. You create the books on your own schedule then list them in an online store, which you can manage any time and from anywhere.
The tricky part about starting an e-book business is that there are a lot of them out there, so you’ll need strategies to get customer attention in a crowded market. It can help to focus on a niche market, or if you have other ways to build an audience, like through a podcast, YouTube channel, or large social media following.
• Average Annual Revenue: $147K
• Average Profit Margins: 3.2%
• Startup Costs: $1K-$200K
• Time To Revenue: 30-90 days
• Annual Market Growth Rate: 3.3%
• Best for: Artists and graphic designers, strong marketers and networkers
One particularly popular custom printables niche is a print-on-demand t-shirt business. This is among the best business ideas for couples who are creative and need flexibility.
Artem Ionitsa makes $2,000,000 a year with his Logo Unlimited that prints clothing for major businesses. Find out how he started and grew his business in this interview:
[su_youtube url="https://www.youtube.com/watch?v=CJRWc1ZPCpQ"]
• Average Annual Revenue: $60K-$120K
• Average Profit Margins: 5-15%
• Startup Costs: $100-$1K
• Time To Revenue: 30-90 days
• Annual Market Growth Rate: -9.3%
• Best for: Makers, designers, and crafters, artists and creators, fashion and shopping lovers
You can sell just about anything with an eCommerce business. Vlad Kuksenko started TagPup with a low investment of just $500 and in two years made more than $1 million in sales. Hear how he became the #1 pet products store on Etsy in this interview:
[su_youtube url="https://www.youtube.com/watch?v=7dqHBHA4AmU"]
• Average Annual Revenue: $239K
• Average Profit Margins: 5.30%
• Startup Costs: $100-$1K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.40%
• Best for: Web designers and developers, experts in SEO, web traffic, data analysis, or automation
Domain flipping is like a digital version of a real estate business. You purchase a website at a low price, then improve its design, functionality, and search rankings to increase its value and sell it for a profit.
After starting OneHourProfessor.com in 2014, Ron Stefanski has built a portfolio of websites that bring in $30,000 a month in revenue on average. Hear his advice on how to start a website business in this interview:
• Average Annual Revenue: $4M+
• Average Profit Margins: 27.1%
• Startup Costs: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 6.4%
• Best for: Entertainers, skilled communicators, teachers, presenters, and content creators
Podcasting was an $18.5 billion industry in 2022, and it’s expected to grow another 27.6% by 2030. Like a blog, podcasting can be a successful business idea on its own or in tandem with other online educational resources.
Building an audience is the most challenging part of starting a podcast. Listen to this interview to learn how Entrepreneurs on Fire became one of the top business podcasts with more than 142 million listeners:
• Average Annual Revenue: $5.7M+
• Average Profit Margins: 2.9%
• Startup Costs: $100K-$3.5M
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: 1.9%
• Best for: Construction pros, couples who like physical work
Many people don’t know how to dispose of large junk like appliances and construction trash—and they don’t want to deal with it even if they do. That’s what makes junk removal a $10 billion-a-year industry and a profitable, unique business idea for couples.
• Average Annual Revenue: $34K+
• Average Profit Margins: 16%
• Startup Costs: $500-$5K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1.7%
• Best for: Pet owners, animal lovers, people with high physical stamina who like working outdoors
Nearly 20% of American households adopted a dog during the pandemic. Now that people are being called back to the office, dog walkers are in increasingly high demand.
That demand has driven up prices. In large markets like New York, dog walkers can charge $600 or more a month per client. This gives it potential to be a highly profitable business even as a part-time venture.
Starting with a partner makes it where you can walk twice as many dogs.
• Average Annual Revenue: $124K+
• Average Profit Margins: 5.5%
• Startup Costs: $1K-$100K
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: 1.0%
• Best for: Cooks, bakers, and foodies with strong customer service and time management skills
One drawback to most food industry businesses is the high startup cost. Starting your own catering business is one way around this issue. You can rent a commercial kitchen when you need it instead of buying your own equipment, and that means a much lower up-front investment.
A catering company also gives you more scheduling flexibility than a restaurant. You can book events only during the times you’re available, and how much work you take on is completely in your court, too.
• Average Annual Revenue: $16K+
• Average Profit Margins: 10.9%
• Startup Costs: $500-$5K
• Time To Revenue: 1-6 months
• Annual Market Growth Rate: 0.6%
• Best for: Health and fitness experts, great motivators with strong communication skills and empathy
A personal trainer helps their clients meet their fitness goals, and you don’t need your own gym to open a fitness business. You could offer sessions from your home, at clients’ homes, or partner with a local athletics and fitness association to use their facilities.
There are also affordable opportunities to become a franchise business partner as a personal trainer or fitness business. Jazzercise franchises start at $2,500, for example, and Anytime Fitness franchises have a similarly low investment.
• Average Annual Revenue: $73K+
• Average Profit Margins: 16.1%
• Startup Cost: $500-$5K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1.0%
• Best for: Car lovers, detail-oriented entrepreneurs who like working with their hands
More than 91% of households in the United States own a car, and about 22% own three or more. This makes businesses related to car maintenance a smart move.
A mobile business is often a better side hustle than a brick-and-mortar, with both a lower upfront cost and more schedule flexibility. Seattle Mobile Detailing was started by business partners with just $300 and now grosses $40,000 a month. Learn how they got started in this interview:
[su_youtube url="https://www.youtube.com/watch?v=Rk4L1O2b84Q"]
• Average Annual Revenue: $262K+
• Average Profit Margins: 5.4%
• Startup Costs: $100K-$3.5M
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: 2.8%
• Best for: Gardeners and plant experts, people who love working outside
You don’t need a huge plot of land to start a flower or herb farm. A rose, sunflower, or lavender farming business are outstanding couple business ideas for those with unused yard space and green thumbs.
• Average Annual Revenue: $46K
• Average Profit Margins: 5.8%
• Startup Cost: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.1%
• Best for: Human resources professionals, writers and editors, people with recruiting or hiring experience
A well-written resume is key to a successful job search, and a strong LinkedIn profile can be just as important. It’s typical to charge $200-$400 for a mid-career resume, while executive resumes command prices of $700 or more.
That’s not bad for a one-to-two-page document and makes a very lucrative part-time business for a couple with career expertise.
• Average Annual Revenue: $37K+
• Average Profit Margins: 1.9%
• Startup Cost: $100-$1K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 10.5%
• Best for: Strong communicators, people who are patient, organized, and empathetic with a sharp eye for detail and good decision-making skills
As a personal shopper, you get clients the things they need—even when they’re not quite sure what those are. The guidance personal shoppers give is what differentiates them from a virtual assistant or delivery service and makes it a more profitable business.
• Average Annual Revenue: $204K+
• Average Profit Margins: 5.4%
• Startup Costs: $500-$5K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 0.7%
• Best for: Contractors and skilled trade workers, people who like working with their hands and have good communication and customer service skills
Every homeowner needs repairs now and then, and they don’t always have the time or skills to make them. This is a great business idea for a two-person team because you can do more work faster, making for happy customers and higher profits.
It doesn’t take much to start a handyperson business. Find out how Caleb Ingraham started his $ 25,000-a-month business in this interview:
[su_youtube url="https://www.youtube.com/watch?v=leUta_q_MPQ"]
• Average Annual Revenue: $76K+
• Average Profit Margins: 7.2%
• Startup Costs: $1K-$100K
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: -2%
• Best for: Construction and home repair professionals, painters and designers, people who like physical work, detail-oriented and process-driven entrepreneurs
Painting and wallpapering are among the best business ideas for couples who want to stay active and make money together. The mess and labor involved in painting houses is why many customers pay for a service.
It takes a surprisingly low investment to start a house painting business. Joshua Douglass only invested about $6,000 to start A Painter’s Touch, and today it makes around $25,000 a month. Hear his story in this interview:
• Average Annual Revenue: $34K+
• Average Profit Margins: 12.2%
• Startup Costs: $500-$5K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1%
• Best for: Organized and outgoing people with strong creative problem-solving, time management, and customer service skills
A wedding planning business is the best-known niche in event planning, but that’s far from the only option. From family reunions and celebrations to corporate events, there are a lot of ways to profit from your party planning skills.
• Average Annual Revenue: $76K+
• Average Profit Margins: 7.20%
• Startup Costs: $1K-$100K
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: -2.00%
• Best for: Painters and visual artists, designers, creative people who like physical work
An eye-catching mural can be a great draw for customers to a business, or bring a unique touch to a home. Mural artists typically charge $10-$20 per square foot, which can put this among the most profitable business ideas for a creative side hustle.
With the right equipment, you don’t need to be an artist to make money from murals. Paul Baron started a business in vertical printing with The Wall Printer. Find out more in his podcast interview.
• Average Annual Revenue: $42K to $208K
• Average Profit Margins: 6.9%
• Startup Costs: $1.8K-$16K
• Time To Revenue: 1-6 months
• Annual Market Growth Rate: 1.3%
• Best for: Social media experts, photographers and graphic designers, organized and creative entrepreneurs
Pinterest is a popular platform for anyone running a food business, clothing shop, or cosmetic line as well as others who have visually compelling products to sell. The average Pinterest Virtual Assistant makes about $500 a month per client or up to $100 per hour, but you can certainly make more than that as a skilled Pinterest manager.
One of you can find clients while the other one manages the Pinterest accounts.
• Average Annual Revenue: $60K to $120K
• Average Profit Margins: 5-15%
• Startup Costs: $100-$10K
• Time To Revenue: 30-90 days
• Annual Market Growth Rate: 16.5%
• Best for: Data experts, people tuned in to trends, strong marketers and salespeople, people with specialized product niche expertise
A subscription business is a fantastic business model because you earn regular and recurring income by default.
Any type of consumable product can be part of a subscription box, from healthy snacks to on-trend clothes, shoes, or makeup. Whatever your or your partner’s interests, you can start a successful business curating monthly goodie boxes for other fans of that niche.
• Average Annual Revenue: $995K+
• Average Profit Margins: 6.6%
• Startup Cost: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 3.5%
• Best for: Friendly, outgoing couples with excellent communication skills, actors and performers, people with niche knowledge about their local area
This is a fantastic business idea for couples who are active in their local community or have unique expertise in the history, culture, wildlife, or other aspects of their region.
You could give general tours or niche down. If you’re plugged into the local food scene, for instance, you can market to tourists and food lovers who flock to food truck tours and brewery crawls.
• Average Annual Revenue: $995K+
• Average Profit Margins: 6.6%
• Startup Cost: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 3.5%
• Best for: Adventurous and outgoing entrepreneurs with strong marketing and communication skills
People love experiencing new things, and you can offer that as business partners in the adventure tourism niche.
Jonathan Newar started Captain Experiences in 2020 to do just that and has already grown the business to $100,000 a month in revenue. Hear his story in this interview:
• Average Annual Revenue: $11.5M+
• Average Profit Margins: 5.7%
• Startup Costs: $500-$250K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1.2%
• Best for: Makeup artists, stylists, and other fashion and beauty experts with strong sales and creative problem-solving skills
Cosmetics is the third-largest segment of the U.S. beauty industry, projected to bring in $20.13 billion in revenue in 2024. Natural and chemical-free products are a growing niche within this sector and can be very profitable as either a brick-and-mortar store or eCommerce business.
• Average Annual Revenue: $41K+
• Average Profit Margins: 6.4%
• Startup Cost: $1K-$100K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1.2%
• Best for: Cooks, chefs, and other restaurant industry pros with strong time management and organization skills
Meal delivery services spiked in popularity during the pandemic and that trend shows no signs of reversing. You can offer meal delivery services as a subscription business for recurring revenue, too, or home in on a niche like office food delivery.
• Average Annual Revenue: $31K
• Average Profit Margins: 3.6%
• Startup Cost: $100-$9.5K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 6.7%
• Best for: Organized and system-focused entrepreneurs with strong sales, marketing, and customer service skills
If you like the idea of a meal delivery service business but aren’t much of a cook, you can start your own business delivering groceries or food from other restaurants. While these services are in demand, you will be competing with heavy hitters like Uber Eats and DoorDash, which is the main challenge of getting started.
Adam Haber started Trellus Local Delivery to help small businesses. While Trellus delivers more than just food, you can follow a similar model for meal delivery services. Hear his story in this interview:
• Average Annual Revenue: $168K+
• Average Profit Margins: 10.6%
• Startup Costs: $1K-$100K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.2%
• Best for: Designers and artists who are excellent communicators, networkers, and salespeople
If you’re looking for business ideas for couples with a low investment, service-based niches like a design business can be a perfect fit.
Building a client base is often the hardest part of getting started. One option is to provide free services in exchange for referrals or reviews and to establish portfolio of past work to show potential customers.
• Average Annual Revenue: $168K+
• Average Profit Margins: 10.6%
• Startup Cost: $1K-$100K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.2%
• Best for: Organized, system-driven, and empathetic entrepreneurs who are good communicators and motivators
Another low-investment service business, professional organizing services work with clients to bring order to the chaos of life. This can range from decluttering a home to helping busy professionals organize their workspaces, and it’s among the top business ideas for couples who thrive on systems and order.
• Average Annual Revenue: $44K
• Average Profit Margins: 7.30%
• Startup Cost: $5K-$15K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 0.3%
• Best for: Artists, photographers, and creative couples
A photography business in the travel niche lets you take your business on the road wherever you want to go. You can sell your images as prints in an online store, sell them as stock photos, or work with clients like news sources and travel guides.
• Average Annual Revenue: $75K-$200K
• Average Profit Margins: 12.4%
• Startup Cost: $100-$200
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.2%
• Best for: People who speak multiple languages, excellent communicators with strong problem-solving skills
While AI-driven translation apps are functional for travelers, there is still a high need for professional translators in the global economy. The most in-demand languages include Spanish, German, Russian, and Mandarin (and bonus points if you speak three or more).
• Average Annual Revenue: $60K-$120K
• Average Profit Margins: 5-15%
• Startup Costs: $100-$10K
• Time To Revenue: 30-90 days
• Annual Market Growth Rate: -9.3%
• Best for: Artisans, crafters, and artists with strong sales, marketing, and customer service skills
There are lots of ways to start a handcrafted soap, artisanal candle, or handmade jewelry business. While it’s fastest to start as an eCommerce business, you can supplement those sales with a festival or farmers market stall, or even get your own storefront as the business grows.
Check out this interview with Blk Sunflower to learn how Jazmin Richards made $300,000 in 18 months selling handmade candles:
[su_youtube url="https://www.youtube.com/watch?v=UzZ5aTbiLh0"]
• Average Annual Revenue: $865K+ (Starbucks makes this number sky high)
• Average Profit Margins: 5.8%
• Startup Costs: $1K-$100K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1.2%
• Best for: Baristas and coffee experts who excel at customer service
A coffee shop provides more than a caffeine fix. It’s also a gathering place for the community, making it a great business idea for couples who love meeting and talking to new people (and, of course, love coffee).
Starting a coffee shop can require a big startup investment. One way to get into the coffee industry for a lower price is with a coffee stand. You can expand that into a sit-down coffee shop as the business grows. Learn how Sandy Edin started a $24,000-a-month coffee stand in this interview:
[su_youtube url="https://www.youtube.com/watch?v=HvQt2wbj7DE"]
• Average Annual Revenue: $143K+
• Average Profit Margins: 0.9%
• Startup Costs: $0-$1K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 51.7%
• Best for: Parents, babysitters, people who love kids and are outgoing, patient, and good multi-taskers
A childcare business is among the best business ideas for couples who are parents themselves. You already have the skills to take care of kids—and this is one way to make a profit from them!
That’s what led Kristy Bickmeyer to start Twinkle Toes Nanny Agency, and she’s now grown it to 20 locations across five states. Hear how she got started here:
• Average Annual Revenue: $1.95M
• Average Profit Margins: 5.4%
• Startup Costs: $100-$3M
• Time To Revenue: 1-6 months
• Annual Market Growth Rate: 1.1%
• Best for: Cooks, chefs, bakers, or foodies with customer service, leadership, and marketing skills
Bakeries are among the most popular types of food retail business—who doesn’t love tasty cookies, cakes, and pastries?
While bakeries often have a high startup cost, they don’t have to. One option is to start as a bakery catering business, then expand into a storefront as the business grows. That’s how Mignon Francois turned $5 into a $10 million cupcake business. Hear her story in this interview:
[su_youtube url="https://www.youtube.com/watch?v=jmviDvmh5js"]
• Average Annual Revenue: $285K+
• Average Profit Margins: 6.8%
• Startup Costs: $100K-$3.5M
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: 2.0%
• Best for: Mechanics and vehicle repair pros with excellent sales, marketing, and customer service skills
Vehicle rental services are fantastic couples business ideas for people with a passion for cars, boats, or bikes. While it helps to have some repair or maintenance skills, all you really need to get started is an inventory of vehicles and a way to connect with customers.
Legends Car Rentals makes $175,000 a month, so you can definitely make a lot of profit in this niche. Hear how they started in this interview:
[su_youtube url="https://www.youtube.com/watch?v=W_01eckETe0"]
• Average Annual Revenue: $73K+
• Average Profit Margins: 11.5%
• Startup Costs: $1K-$100K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1.1%
• Best for: Animal lovers and owners, patient and personable entrepreneurs with strong customer service skills
Busy professionals and families sometimes need a hand watching their pets. You can solve that problem by opening a kennel or doggy daycare. If you love the idea of spending your days caring for dogs, this could be the perfect business for you!
• Average Annual Revenue: $41K+
• Average Profit Margins: 6.4%
• Startup Cost: $1K-$100K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 1.2
• Best for: Cooks and food industry professionals who are excellent at marketing and customer service
It takes a lot to keep an entire restaurant afloat. The comparatively low investment and greater schedule flexibility are why food trucks are a popular alternative.
The food truck industry is crowded in some markets, which can make it challenging to attract customers. Learn how Aybla Grill started and grew their food truck business in this interview:
[su_youtube url="https://www.youtube.com/watch?v=Qi_RBWualJ8"]
• Average Annual Revenue: $206K+
• Average Profit Margins: 13.9%
• Startup Costs: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.6%
• Best for: Accounting, math, and business professionals, detail-oriented entrepreneurs
While you need to be licensed to operate as a CPA, you don’t need that credential to start a bookkeeping service. For math and accounting pros, this is a solid business idea with a low investment to start. That said, this is another area you may need to provide free services to build a reputation and client trust.
• Average Annual Revenue: $372K+
• Average Profit Margins: 10.1%
• Startup Cost: $100K-$3.5M
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: 1.3%
• Best for: Real estate and construction professionals who are organized and strong customer service skills
A property management business is among the best low-investment business opportunities in real estate.
One niche market with especially high demand is Airbnb management. NICASA makes $3 million a year as an Airbnb business, and a lot of that comes from managing other people’s properties. Hear founders Sid and Eva’s advice and story in this interview:
[su_youtube url="https://www.youtube.com/watch?v=6m-MosXlpOE"]
• Average Annual Revenue: $60K-$120K
• Average Profit Margins: 5-15%
• Startup Costs: $100-$10K
• Time To Revenue: 30-90 days
• Annual Market Growth Rate: -9.3%
• Best for: Fashion and style experts who are excellent negotiators and communicators
Starting a consignment shop lets you open a retail business without worrying about providing your own inventory. Instead, you earn a commission selling other people’s products, saving you lots of hassle, cost, and risk.
Clothing and art are among the most popular niches for consignment, but you can start this kind of business with any type of products.
• Average Annual Revenue: $114K+
• Average Profit Margins: 10.3%
• Startup Costs: $500-$250K
• Time To Revenue: 3+ months
• Annual Market Growth Rate: 2.0%
• Best for: Designers, artists, and fashion experts with strong marketing and customer service skills
If you’d rather make and sell your own clothes, a boutique retail business could be your perfect fit. Learn how Urbanity grew to $102,000 in monthly revenue in this interview:
[su_youtube url="https://www.youtube.com/watch?v=_wUc28d8KkE"]
• Average Annual Revenue: $35K-$50K
• Average Profit Margins: 10.5%
• Startup Costs: $100-$200
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.9%
• Best for: Tech-savvy couples who are patient and have excellent communication skills
Sometimes, it’s not the device that needs to be repaired—it’s the user who needs help using it. Online businesses in IT support are especially great for business partners since it doubles how many customers you can help (and people who need IT support are likely internet users already).
• Average Annual Revenue: $60K-$120K
• Average Profit Margins: 5-15%
• Startup Cost: $100-$10K
• Time To Revenue: 30-90 days
• Annual Market Growth Rate: -9.3%
• Best for: Shoppers, thrifters, and antiquers who are good marketers, negotiators, and salespeople
An eCommerce business as a reseller is among the easiest online businesses to start. If you’re strapped for cash, you can even take your initial inventory from things you already own.
Mike Wilson started with about $1,000 in inventory and has grown to a revenue of $30,000 a month selling on eBay. Hear his story here:
• Average Annual Revenue: $560K+
• Average Profit Margins: 5.7%
• Startup Costs: $500-$5K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: 1.4%
• Best for: Tech and repair professionals with a sharp eye for details
Electronics repair is among the most profitable business ideas for couples who are tech-savvy. You can get started for cheap, too. Joe’s Electronics Repair is a seven-figure business that was started with just $45. Find out how in this interview:
[su_youtube url="https://www.youtube.com/watch?v=Rqce8NAZWYw"]
• Average Annual Revenue: $262K+
• Average Profit Margins: 5.4%
• Startup Costs: $100K-$3.5M
• Time To Revenue: 6-18 months
• Annual Market Growth Rate: 2.8%
• Best for: Designers, artists, and creative people with a green thumb and excellent customer service
Flowers are a go-to gift for just about any situation. If you don’t want the costs of a brick-and-mortar, you can open a business stand, sell at a local farmers market, or open an online store.
Stemistry started online and grew into a brick-and-mortar—and the owner’s still a teenager! Find out how it started in this interview:
• Average Annual Revenue: $268K+
• Average Profit Margins: 6.1%
• Startup Costs: $1K-$100K
• Time To Revenue: 1-3 months
• Annual Market Growth Rate: -0.8%
• Best for: Mechanics and repair pros, car experts who are good communicators
People rely on their cars and they’re keeping their cars longer, too. That means more demand for businesses related to car maintenance and repair.
A repair shop will need a fairly high investment. Lucky’s Auto Repair cost about $20,000 to start. Find out how they grew that investment into a lucrative business in this interview:
[su_youtube url="https://www.youtube.com/watch?v=chhmCdYt0iQ"]
There are plenty of small businesses to start as a couple. Consider both of your skills and interest and choose the one that works for you. Which will you start?
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