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Franchise Fee Discounts Being Offered to Veterans Looking to Purchase a Franchise

Some veterans who return from the service go back to their home community and return to their former employers but there is an increasing number of veterans who are interested in purchasing a franchised business.

Veterans interested in becoming part of a franchise are eligible for assistance from an International Franchise Association IFA) program known as Veterans Transition Franchise Initiative (more commonly known as VetFran).  VetFran offers discounted franchise fees to veterans who are interested in purchasing a franchise.  The IFA says that this program is simply a way of saying thank you to veterans who have a dream of becoming a franchisee.

Another helpful service offered by the IFA to veterans is the Educational Foundation's Veterans Scholarship Program (click here or a printable application) which offers tuition assistance for veterans enrolled in business or management courses at a college or university.

There are more than 400 member companies to the IFA that participate in the VetFran program by offering discounted franchise fees to veterans.  Among the member companies are many popular franchises such as:

• Rita's Italian Ice (10% off of initial franchise fee)
• Sears (10% off of the purchase price of any new territory)
• Liberty Tax Service
• Red Mango (25% off initial franchise fee on first unit)
• 7-Eleven (10% discount off of initial franchise fee)
• Little Caesars
• Manhattan Bagel ($10,000 military discount)
• The Coffee Beanery, LTD (25% off of franchise fee)
• Domino's Pizza ($20,000 off of franchise fee)
• Dunkin' Donuts (20% off of initial franchise fee)
• Kiddie Academy ($25,000 military discount)
• Midas ($5,000 off of franchise fee)
• Tropical Smoothie Cafe (50% off of initial franchise fee - initial fee is $25,000)
• United Check Cashing (25% off of initial franchise fee)
• UPS Store (15% discount off of the initial franchise fee)
• WSI (10% off of franchise fee)
• for more franchises participating in VetFran click here

If you served in the United States military (Marines, Navy, Army, Coast Guard, Air Force or the National Guard) and are interested in opening a franchise contact Charles Internicola, New York franchise attorney, at 718.979.4300.   Charles Internicola is an experienced franchise attorney and is the author of "An Entrepreneurs Guide to Purchasing a Business".