Top 15 Passive Income Franchises to Own

Money Bizwiz Team
9 Min Read
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Franchises that practically run themselves are gaining popularity among investors. As a part of a franchise industry contributing a massive $788 billion to the US economy and creating over eight million jobs, businesses that require minimal attention are highly sought after.

If you’re looking to own a business that doesn’t demand your constant attention, you’ve come to the right place. Here are some of the best franchises that can operate with little input from you.

1. BITCash USA

Initial Investment: $40,000 – $50,000

BITCash USA has made its mark in the financial market by focusing on the cryptocurrency sector and providing Bitcoin ATM services. This franchise offers the convenience of buying and selling Bitcoin through strategically located ATMs in accessible public places.

With an aim to expand its network of Bitcoin ATMs across the US, BITCash USA is actively seeking entrepreneurs interested in the growing digital currency market. Franchisees benefit from the support and established systems of BITCash USA, making it an attractive opportunity to tap into the cryptocurrency trend.

Prospective franchise owners can also take advantage of assistance in identifying ideal ATM locations, operational training, marketing support, and potential financing assistance through third-party sources. This can cover various start-up costs, including the initial franchise fee and necessary expenditures to get the business up and running.

2. Fidelity ATM

Initial Investment: $20,000 – $30,000

Fidelity ATM specializes in providing automated teller machine services to a wide range of businesses and public locations. The franchise offers convenient cash access solutions and has been expanding its operations rapidly through a franchise model.

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Franchisees have the opportunity to install and manage a network of ATMs in high-traffic areas, capitalizing on transaction fees. Fidelity ATM supports its franchisees with comprehensive training programs, technical assistance, and marketing strategies to help them establish and grow their ATM services business.

With guidance on obtaining third-party financing, new franchise owners can cover the franchise fee and initial start-up costs, allowing for a potentially passive operation.

3. Property Management Inc.

Initial Investment: $70,000 – $120,000

Property Management Inc. offers a franchise system that enables franchisees to explore opportunities in the real estate industry through property management services. Established in 2008, the company provides solutions for residential, commercial, and association properties.

Passive income potential lies in hiring a skilled manager to oversee the day-to-day operations of the franchise, allowing the owner to step back while continuing to generate revenue from property management fees. This passive approach enables the owner to focus on higher-level aspects of the business.

4. Snap-on Tools

Initial Investment: $172,000 – $375,000

Snap-on Tools is a global leader in tools, diagnostics, and repair information solutions for professional users. With a history dating back to 1920, the company offers franchisees the opportunity to operate their own mobile tool store featuring high-quality Snap-on tools.

While typically an active business, Snap-on Tools can transition to a passive investment by hiring a competent manager or team to handle sales and daily tasks. This allows the owner to benefit from tool sales profits without direct involvement in daily operations.

5. Sew Fun Studios

Initial Investment: $50,000 – $60,000

Sew Fun Studios offers fashion design and sewing education to adults and children with a focus on reviving sewing as a valuable skill. Franchisees can create a passive income stream by employing a manager and instructors to run classes and workshops.

By establishing systems for marketing, enrollment, and class management, the owner can oversee the business at a higher level without the need for daily involvement.

6. Fetch! Pet Care

Initial Investment: $20,000 – $30,000

Fetch! Pet Care is a pet sitting and dog walking franchise known for its reliable services. Franchisees can turn this opportunity into a passive investment by hiring a team of pet sitters and a manager to coordinate services.

With a dependable staff and efficient scheduling system, the owner can enjoy the benefits of the business with limited daily involvement.

7. Anytime Fitness

Initial Investment: $98,430 – $523,824

Anytime Fitness is a 24-hour health and fitness club offering convenience and a member-friendly environment. Franchise owners can operate it passively by hiring a manager and fitness professionals to oversee daily operations.

The club’s 24/7 accessibility is managed through secure automated systems, allowing members to use the facilities at their convenience. This setup enables the owner to step back from daily involvement while maintaining oversight.

8. Redbox

Initial Investment: $25,000 – $200,000

Redbox is a video rental company with DVD, Blu-ray, and video game rentals through automated retail kiosks. The franchise offers a passive opportunity by placing kiosks in high-traffic areas and managing them remotely. Restocking and maintenance can be outsourced to third-party providers.

This model requires minimal hands-on involvement after the initial setup, making it a suitable option for passive income.

9. U-Turn Vending

Initial Investment: $20,000 – $50,000

U-Turn Vending focuses on high-capacity candy vending machines, offering a low-overhead vending option. The franchise can be managed with minimal interaction after setup, with restocking and servicing handled on a flexible schedule or outsourced to route service providers.

With machines in strategic locations, the income is generated passively, making it a viable choice for passive operation.

10. Cruise Planners

Initial Investment: $2,295 – $23,367

Cruise Planners is an American Express Travel Representative offering a franchise model for travel advisors. Franchisees can run a travel advisor business from home with automation potential by leveraging technology and pricing arrangements and employing experienced agents to manage sales.

With an established system in place, the owner can oversee strategic aspects rather than day-to-day operations, making it a potentially passive venture.

11. Empire ATM Group

Initial Investment: $40,000 – $50,000

Empire ATM Group provides ATM placement and management services in high-traffic areas. Franchisees can manage machines with minimal hands-on involvement after installation, with revenue generated from transaction fees.

With a network of machines, a franchise owner can earn passive income with minimal daily management.

12. Mr. Payroll

Initial Investment: $100,000 – $200,000

Mr. Payroll specializes in check-cashing services located within retail outlets and offers a passive income model where daily operations are managed by staff. The owner oversees compliance and service quality, benefiting from consistent income through service fees.

13. Pharmabox

Initial Investment: $65,000 – $120,000

Pharmabox provides automated vending machines offering pharmacy products in high-traffic locations. Franchisees can benefit from automated machines and track inventory remotely, generating income through product sales.

With little daily management required, Pharmabox offers a potential passive income stream.

14. Xpresso Delight

Initial Investment: $84,500 – $115,000

Xpresso Delight offers premium coffee services to offices through automated gourmet espresso systems. Franchisees can set up machines in offices, and clients pay per cup, creating a mostly passive operation with revenue from coffee sales.

15. Clothes Bin

Initial Investment: $142,200 – $149,500

Clothes Bin offers a green solution to recycling clothes by placing collection bins in high-traffic areas. Franchisees can service bins regularly to collect and process donations, generating revenue through second-hand retailers or shipping items abroad.

With tech-savvy bin technology, Clothes Bin streamlines operations for franchisees, supporting a potentially passive income stream.

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