According to recent data from the U.S. Small Business Administration, there are more than 780,000 small businesses in Virginia. This number accounts for 99.5% of all businesses in the state.
Additionally, Virginia ranks among the top states for business. It is consistently earning high marks for its business-friendly policies, skilled workforce, and strategic location along the East Coast. So, obviously, there are tons of franchise business for sale in Virginia.
If you are dreaming of business ownership, it can become true in Virginia. There is a franchise opportunity waiting for you in Virginia, no matter what you are good at!
What Does A Franchise Business Mean?
Essentially, a franchise is a type of license that grants a franchisee access to a franchisor’s proprietary knowledge, processes, and trademarks. Ultimately, it enables them to operate a business under the franchisor’s name and sell its products or services.
“At its core, a franchise business is a partnership between the franchisor, who grants licenses to franchisees, and the franchisee, who operates the business under the franchisor’s umbrella.”
When an individual or entity acquires a franchise, they typically pay the franchisor an initial start-up fee along with annual licensing fees. Plus, there is a royalty fee, which can range between 4.6% and 12.5%.
In return, the franchisee accesses the franchisor’s business model, branding, and support systems. Therefore, franchisees benefit from the reputation and recognition of the franchisor’s brand.
Why Should You Take Franchise Opportunities in Virginia?
To be honest, franchisees enjoy a lot more benefits in Virginia than in other states. Here are some notable reasons why you should start a franchise in Virginia:
- Premier Business Destination: Virginia ranks in 2nd place on CNBC’s Top States for Business List. It excels in education, workforce quality, access to capital, business friendliness, and other categories.
- Low Unemployment Rate: Virginia boasts a low unemployment rate of 2.90%. This indicates economic stability and a thriving job market.
- Competitive Corporate Tax Rate: Virginia offers a competitive corporate tax rate of 6.00%. So, businesses of all sizes and sectors enjoy a favorable fiscal environment.
- Virginia Economic Development Partnership (VEDP): The VEDP provides valuable resources for franchise owners. This includes market insights, economic summaries, and recommendations for locations and suppliers.
- Robust Infrastructure and Accessibility: Virginia has a well-connected infrastructure. There are many highways, railways, ports, and airports. So, franchisees can easily access major markets and transportation routes.
Top 8 Franchise Business for Sale in Virginia
Different businesses pop up all the time in Virginia. Hence, it can be hard to pick the right franchise. But don’t stress! We have listed the following Virginia franchises that will do really well.
01. Techy – The Tech Franchise in Virginia
- Min Cash Required: Less than 50,000
- Training provided: Yes
- Multiple Revenue Streams: Yes
- Support: Yes
- Partnership: Yes
Become a successful franchise owner in Virginia with Techy. This dynamic business has spread its roots across the nation, including Virginia. Whether you are in Richmond or the Shenandoah Valley, Techy offers a lifetime opportunity to turn your entrepreneurial dreams into reality.
Plus, a skilled in-house marketing team will always support you. Overall, you will have the support you need every step of the way. Techy understands that one size doesn’t fit all. This is why they provide a range of franchise packages tailored to your preferences.
- TechHub Store Package: Offers $10K in parts and accessories.
- TechHub Device Package: Provides $30K in parts and mobile devices and $20K for additional product displays.
- TechHub Cafe Package: Offers $30K for parts and devices. Get an extra $50k if you want to have furniture.
- Wrapped TechHub Van: An excellent package for those who want to run mobile franchises.
Moreover, Techy goes beyond just providing equipment and supplies. It organizes a comprehensive two-week training program at Techy HQ for its franchisees. In addition, there is one week of onsite training. So, franchisees will have the knowledge and skills to hit the ground running.
02. PostNet – Best Printing and Marketing Franchise in Virginia
- Minimum Cash Requirement: $60,000
- Training Provided: Yes
- Work from Home Facility: No
- Financial Support: Yes
Consider joining the PostNet family if you want to build a thriving small business in Virginia. PostNet focuses on printing, marketing, and design services. It designs business cards, banners, signage, professional mail, etc. This franchise helps small and medium-sized businesses thrive.
What sets PostNet apart is its affordability and accessibility. It requires a total investment of $174,767 to $217,275, including working capital. PostNet gives franchisees the tools they need to succeed without breaking the bank. So, it is a cost-effective alternative to traditional printing and marketing franchises.
03. Glass Doctor – A Full-Service Glass Franchise in Virginia
- Minimum Cash Requirement: $50,000
- Training Provided: Yes
- Work from Home Facility: No
- Financial Support: Yes
In Virginia, Glass Doctor lets you illuminate your professional future with a franchise opportunity. The company has a legacy dating back to 1962. Since then, it has been providing top-notch glass repair and replacement services.
Glass Doctor offers two distinct franchise opportunities:
The Home & Business Glass Franchise
This meets the growing demand for glass repair and replacement in both residential and commercial settings. It has a low-overhead, high-potential model. Plus, there are many in-demand services. Overall, this franchise option is perfect for those looking to make a mark in the glass industry without prior experience.
Auto Glass Franchise
Glass Doctor provides access to nationally renowned auto insurers. It taps into the high year-round demand for auto glass repair and replacement. It features a low-cost, high-potential model. Additionally, the supplier funds the windshield warranty. Therefore, this franchise opportunity offers a lucrative pathway to success.
04. Black Optix Tint – A Billion Dollar Tinting Industry in Virginia
- Minimum Cash Requirement: $100,000
- Training Provided: Yes
- Work from Home Facility: No
- Financial Support: Yes
This is a thriving $10 billion window tint industry in Virginia. And you can be a part of it by opening a franchise. Black Optix Tint is renowned for its professionalism and reliability. It offers exceptional services to both residential and commercial clients.
Black Optix Tint fosters a profitable, simple, and efficient franchise model. It is designed to maximize revenue and streamline operations. Plus, franchisees benefit from competitive advantages. For instance, they receive lifetime warranties on tint film and labor. This allows them to serve 20+ vehicles per day with minimal equipment requirements.
05. Shrunk 3D – A Unique Mobile Franchise Opportunity in Virginia
- Minimum Cash Requirement: $70,000
- Training Provided: Yes
- Work from Home Facility: No
- Financial Support: Yes
Shrunk 3D is the world’s first and only 100% mobile 3D scanning booth franchise. This cutting-edge franchise provides a 60.5% gross profit on average. Plus, it has little to no competition in sight – making it a lucrative opportunity for aspiring entrepreneurs in Virginia.
Shrunk 3D transforms life’s special moments into tangible keepsakes. Your memories will come to life in the form of 4″ – 9″ full HD color 3D statues.
Shrunk 3D provides comprehensive support to its franchisees, such as:
- Flexibility to operate with just 1-2 employees
- Targeted business lists
- Backend printing and shipping services
- Requires no inventory
- Website development
06. Right at Home – The Best Senior Care Franchise in Virginia
- Minimum Cash Requirement: $150,000
- Training Provided: Yes
- Work from Home Facility: No
- Financial Support: Yes
When it comes to providing compassionate care for seniors, Right at Home stands tall. For the past two years running, Entrepreneur Magazine has ranked it as the top senior care franchise. Plus, it boasts over 500 locations worldwide. Right at Home makes a meaningful impact on the lives of seniors in Virginia.
In a recent survey, franchisees rated Right at Home highly for its integrity and transparency. This reflects the company’s dedication to building strong relationships with its partners. From the moment you join Right at Home, you will receive expert guidance and support from an expert team.
07. 100% Chiropractic – An Opportunity for Chiropractic Care in Virginia
- Minimum Cash Requirement: $100,000
- Training Provided: Yes
- Work from Home Facility: No
- Financial Support: Yes
100% Chiropractic is a specialized franchise that empowers chiropractors in Virginia to achieve 100% success. It has a “do-it-all” team that consists of –
- SEO specialists
- Web designers
- Corporate trainers
- IT support
- Social media experts
- and more…
Thus, 100% Chiropractic will take the guesswork out of running your franchise. It offers weekly, monthly, and quarterly training sessions. So, doctors and staff get adequate knowledge and skills. What’s more, it has an in-house billing company called 100% EPIC. It handles insurance billing, doctor credentialing, and reimbursement follow-up.
But the support doesn’t stop there – the 100% Training Facility in San Diego serves as both a successful practice and a training facility. It provides comprehensive training for all doctors and chiropractic assistants on how to run a dynamic and highly successful practice.
08. Fibrenew – A Mobile Franchise in Virginia for Restoration Services
- Minimum Cash Requirement:
- Training Provided: Yes
- Work from Home Facility: No
- Financial Support: Yes
Join the global leader in leather, plastic, and vinyl restoration with Fibrenew. It is a premier franchise for restoring damaged furniture, cars, boats, and more. Fibrenew has over 300 franchisees worldwide. So, it is trusted by consumers and businesses alike.
Fibrenew has over 35 years of history and experience. With a family-like culture, Fibrenew franchisees are part of a supportive community dedicated to success. Fibrenew provides expert training, support systems, proprietary products, and advanced technology. So, its franchisees can run efficient and low-overhead businesses.
Ending Notes
Now, you have some sort of idea about the franchise business for sale in Virginia. The Old Dominion State is brimming with possibilities for aspiring entrepreneurs. It offers a rich tapestry of opportunities to start and grow your own business.
So, it is clear that Virginia has a dynamic business environment. Plus, it offers strong support for small businesses. Together, Virginia becomes an ideal destination for franchising success.