HomeBusiness10 best franchises you can buy from

10 best franchises you can buy from

Franchises, Are you ready to be your boss? Starting a business can be expensive, and most people don’t have a million dollars to invest in getting their business up and running. However, owning a franchise has countless benefits. You can profit from the franchiser’s recognizable brand while essentially running your operation. The most profitable franchises rarely fail, removing the risks typically associated with opening a brand new business.

Also Read: Franchise Opportunities How To Locate Them

The good news is that you don’t need that kind of money to start a profitable business. There are plenty of great franchises you can buy for $25,000 or less. In addition, the franchises come from all sorts of industries — everything from sports to auto care and restaurant– so there are plenty of options that can fit your interests, strengths, and budget.
From the restaurant and food-service industry to business services or fitness categories, only you can decide which is the best franchise to own. It all depends on your interests, experience, finances, and risk aversion. Since there are thousands of franchises in the U.S. to choose from, the list below is just a starting point. Here are some of the best franchise opportunities available today

  1. McDonald’s

franchises

Category: Fast-Food Franchise

Franchise fee: $45,000

Initial investment: $1,008,000 to $2,214,080

Financing available: Yes, through third-party lenders

This is another franchise opportunity with strong brand recognition. If you want golden arches of your own, you’ll need to put in significant initial investment, but you’ll join an organization with many years of experience and success. With that investment, you get brand recognition, popularity, and years of in the fast-food industry.

  1. Sonic Drive-In:

franchises

Established in 1956

Category: Fast-Food Franchise

Franchise fee: $45,000

Initial investment: $1,240,000 to $3,540,000

Financing available: No

Also Read:  How To Make Money Without A Job

Sonic Drive-In is a drive-in fast-food chain franchise. Sonic Drive-In currently has more than 3400 franchise branches. This drive-in chain prides itself on its operational excellence and customer service. This brand keeps growing.

To start a Sonic Drive-in franchise, you need a significant initial investment, but you’ll receive intense training and brand recognition in return.

  1. 7- Eleven

franchises

Category: Retail Franchise

Franchise fee: $10,000 to $1,000,000

Initial investment: $37,550 to $1,149,900

Financing available: Yes, through 7-Eleven’s internal program

7- Eleven is an American Chain Franchise Convenience Store with around 70,000 location operations across the globe. It was started back in 1927 by Joe. C. Thompson. 7-Eleven sees unprecedented growth. Its stores are turnkey, and you can get started within three to six months, including application, testing, and training.

Brand recognition is also strong with 7-Eleven.

  1. Taco Bell

franchises

Category: Fast-Food Franchise

Franchise fee: $25,000 to $45,000

Initial investment: $525,100 to $2,622,400

Financing available: Yes, through third-party lenders

Taco Bell has been a fast-food chain providing Mexican food since 1962. It was founded in California by Glen Bell. In 60+ years, Taco Bell has gained an excellent brand image in fast food chains. They have developed financial stability and brand recognition. It has a proven operating system and gives you access to restaurant resources and a community of more than 350 franchisees who know the business.

  1. Dunkin

franchises

Founded in 1950

Category: Food & Drink Franchise

Franchise fee: $40,000 to $90,000

Initial investment: $109,700 to $1,637,700

Financing available: Yes, through third-party lenders

Dunkin’ dropped the “Donuts” from its name, but  It was rated #1 in customer loyalty. Dunkin’, previously known as Dunkin’ Donuts, changed its title in 2019. Dunkin’ is an international Donuts and Coffee company. The business is as recognizable as ever, with locations in 32 countries. It is ranked as the topmost food chain in customer loyalty by Brand Keys’ Customer Loyalty Engagement Index. And they support their franchisees with training and assistance with site selection, construction, operations, management, and marketing.

  1. The UPS Store

franchises

Established in 1980

Category: Printing and Packing Franchise

Franchise fee: $29,950

Initial investment: $138,433 to $460,031

Financing available: Yes, through Guidant Financial

The UPS Store is one of the finest brands in retail and customer service franchises. Their service revolves around Retail Shipping, Postal, Printing, and miscellaneous business services. The franchise fee for this business started in 1980 is around $25000. The brand provides set-up, support, and maintenance assistance and has good brand recognition in the franchise industry.

It boasts financial stability, brand recognition, and dedicated training and support — and 84% of the U.S. population lives within 10 miles of a UPS Store.

  1. Sport Clips

franchises

Category: Hair Salon Franchise

Franchise fee: $59,500

Initial investment: $224,800 to $373,300

Financing available: Yes, through third-party lenders

Sport Clips is growing and showing its strength and stability — it has had a high continuity rate of 95.4% over the past five years. This means that out of all the stores that opened throughout the last five years, more than 95.4% of them are open today. It attributes this stability to relatively low startup costs, solid support systems, and continual store performance monitoring.

  1. Jan Pro

franchises

Category: Commercial Cleaning

Franchise fee: $6,000

Also Read: Best Free Website Hosting Platforms

JAN-PRO claims to be the world’s number one commercial cleaning brand with 10,000 units in more than eight countries. It requires relatively fewer investments and franchise fees.

Jan-Pro is a commercial cleaning service that cleans other businesses. Several different franchising options are available, including a home-based opportunity, so you can choose the option that best suits you.

  1. RE/Max

franchises

Category: real estate consulting

Franchise fee: $15,000 to $32,000

Initial investment: $37,000 to $200,000

Real Estate Maximums, aka RE/Max, is an international real estate consulting agency working with the franchise model. RE/MAX is a real estate agency that has been in business for over 40 years.  Spread across 100 countries, 100,000 agents are registered with the company, making it a well-known brand anywhere you go.

  1. Popeyes

franchises

Category: Fast-Food Franchise

Franchise fee: $50,000

Initial investment: $383,500 and $2,620,800

Financing available: No

Also Read: Every Great Product Needs Product Specifications

Popeyes is consistently one of the top franchises to own in Entrepreneur’s Franchise 500 Rankings. It’s a well-known fast-food brand with a global presence, robust advertising strategies, and well-developed core philosophies.

Final Thought

McDonald’s might be our top franchise, but a single restaurant will cost over $1 million. But they’re incredibly competitive, and the company doesn’t let you own the restaurant. So hopefully, one of these ten franchises proves the right combination of safety, profitability, and accessibility.

However, none of them guarantee success — that will take diligence, hard work, and some fortune. So good luck, whichever franchise you choose (or whether you choose not to invest in a franchise).

More Related Articles

Sign up to receive awesome contents in your inbox, everyday in the morning.

We don’t spam! Read our privacy policy for more info.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

We use cookies to ensure that we give you the best experience on our website.