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If you are transitioning out the military you may be considering stepping into the role of an entrepreneur. Becoming an entrepreneur is a perfect direction for military as it requires traits like leadership, organization, and quick thinking.
However, starting your own business can come with lots of cost. If you are considering opening up a franchise, your former military service may help you save on some franchise fees.
Here are 6 franchises who have created generous franchise programs for veterans.
Wetzel’s Pretzels
Wetzel’s Pretzel’s has over 300+ bakeries nationwide and can be found at various sporting arena, entertainment attractions, and popular tourist destinations like Universal Studios and Disney World.
“From Force to Franchise” initiative provides a discount of $10,000 on the initial Wetzel’s franchise fee for traditional mall and shopping center locations, the brand said.
Additionally, Wetzel’s will take off $5,000 on the initial franchise fee for non-traditional locations with an initial franchise fee between $15,000 and $20,000.”
PJ’s Coffee
The military has a long history with coffee! The PJ’s Coffee chain keep their commitment to the military by providing a host of military focused initiatives. One of those initiatives includes a 20% discount on your initial franchise fee.
Subway
Subway known for their famous 6 inch and 12 inch sub sandwiches offers a generous 50% franchise fee discount to veterans. If a veteran considers opening a Subway on a military installation, they qualify to have their franchise fees waived.
Baskin Robbins
Baskin Robbins is home to 31 flavors of ice cream and also offers a franchise fee waiver and a discount on store royalties for the first 5 years.
UPS Store
UPS needs no introduction as most people shop online and have packages delivered daily. What makes their Vet franchise program so great is that they waive the initial franchise fee for qualified vets, and can receive up to $300,000 in other perks and incentives.
Anytime Fitness
With fitness being a major component of the military lifestyle, opening a gym might be the perfect business move. Anytime fitness offers grants and help with accessing start up capital for vets.
