Franchising is an overlooked path to wealth in America. You can launch one in under 30 days and get an express loan for up to half a million dollars. A garage renovation franchise, offering epoxy flooring and custom shelving, averages over $1 million in revenue with minimal equipment costs.
And you're making over half a million dollars a year. I think franchising is probably the most overlooked path to wealth creation in America. It's super accessible. The revenues are high. The cost to get in is low. You can get going in less than 30 days. Okay. I like to go fast.
How are people out there buying franchises with none of their own money?
There's an express loan where you can get half a million dollars in less than 60 days.
Wow. What would you say is the cheapest franchise concept that you would put your own money into right now?
Garage renovation business. They do like epoxied floors, custom shelving with slat board and stuff. The average revenue is over $1 million. No heavy equipment. There's clearly a ton of demand and not a lot of supply.
Is Subway the worst franchise deal in America? Defend your answer.