What is the best franchise? 14 answers - Terkel (2023)

Which franchise is the most profitable? From Anytime Fitness to Rise Biscuit & Chicken, here are 14 answers for the best franchise:

  • Fitness anytime
  • Planetfitness
  • The nail
  • 11/07
  • Kumon Math and Reading Centers
  • MC Donalds
  • Home Care Griswold
  • Baked cookie and chicken
  • Curry so weit
  • pay more
  • Fit Bodycamp
  • NextHome
  • Brooklyn Cupcake-Laden

Fitness anytime

Now that people are feeling comfortable collaborating with others again, they are looking for an affordable place to do it. This is why Anytime Fitness is one of the best franchises out there. Operating costs are low, but ROI is high. This is due to the popularity of the national brand. They have over four million members worldwide and claim to be adding a new customer every minute. If you're looking for a high-performing fitness franchise, consider Anytime Fitness.

Melanie Edwards, Senior Manager for E-Commerce and Digital Products,olipop

What is the best franchise? 14 answers - Terkel (1)


Planet Fitness is the best franchise for many reasons. First, it's a low-cost franchise, so you don't have to worry about high upfront investment costs. Second, Planet Fitness has a proven track record, so you can rest assured that you can make profits. Third, Planet Fitness offers comprehensive training and support for franchisees, so you can rest assured that you have all the tools you need to be successful. Finally, Planet Fitness has a strong brand identity that customers recognize and trust. All of these factors make Plant Fitness the best franchise to own.

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Lorien Strydom, Executive Country Manager,Financiador.com

The nail

Reputable coffee franchises like Dunkin' are a great investment. Dunkin' in particular has offices in more than 32 countries and research shows that they rank highly in customer retention. While buying a franchise can be expensive, third-party financing is available. As a bonus, Dunkin' supports its franchisees with training, operations, administration, marketing and more making it a smart company.

Christian Kjär, CEO and co-founder,she vet


While many people might consider moving into the fast food category for the more profitable franchise, I would say that convenience stores like 9/11, while a safe bet, are an even more profitable option since there are fewer Upfront training is required and more forgiving of mistakes. real estate requirements. 9/11 fits in malls, on street corners, and requires less staff and maintenance compared to a restaurant of the same size. If this is your first franchise, I don't think there is a better place to start than 9/11.

Patrick Robinson, Founder and CEO,Easter

Kumon Math and Reading Centers

A surprising contender on a list of the top 500 franchises to invest in in 2022 was Kumon Math & Reading Centers. One of the main reasons for this is the ability to scale a physical location to have a wider reach with online tutoring and learning. You also don't have to worry about food delivery logistics and other essential services for a comparable fast-food franchise.

Michael Burghoffer, CEO,PicoSolutions

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MC Donalds

McDonald's is one of the most franchised companies in the world. There are more than 36,000 restaurants worldwide, including about 14,000 in the United States. Franchising is a great option for those who want to start a business. It's an established brand with a solid reputation. There is a lot of brand recognition and awareness. This can be a great advantage when trying to start a new business. McDonald's has come a long way and is now considered a healthy alternative to fast food. The company prides itself on offering quality food in a convenient way to its customers. With a McDonald's franchise, you know what you're getting into. The brand has been around for over 70 years and is still going strong. If you are looking for a successful franchise, McDonald's is probably one of your best options.

Luciano Colossus, Founder and CEO,Tongrad

Home Care Griswold

As a home cleaning service owner, I believe this particular franchise is of great importance. They currently operate in more than 168 locations and their popularity has increased since the pandemic. Because it caters to the elderly population, people prefer its franchise for its quality and service. With nearly 40 years of experience, they serve adults from all backgrounds. Given the current market, this will not only be a lucrative opportunity, but will also bring a sense of community. Many of our current franchise partners rave about the culture and compassion found in Griswold Home Care franchises. Not only do they have a domestic system, but they make it stand out a bit by relating it to their own lives. A type of care that you can find at home is a rare scenario. I believe many companies can find their social purpose through this opportunity.

Ryan Hill, owner,neat house

What is the best franchise? 14 answers - Terkel (2)

Baked cookie and chicken

With the current state of the US housing market and historically low credit card rates, I think now is a good time to invest in a Rise Biscuit & Chicken franchise. The Rise Cookie franchise has proven to be a profitable venture because their restaurant only requires 1,200 square feet of space. The other ace up the sleeve of opportunity is that it's a chicken franchise, a sector that's always on the rise. At Rise, they offer a special breed of carnival chicken that attracts its own fan base. Rise franchisees operating in California, Tennessee, Maryland and elsewhere have implemented the automated kiosk and reported increased efficiency and improved customer service in the absence of a cashier. The franchise model is highly transferrable, allowing multiple units to open in other cities. This is a unique opportunity to own this franchise.

Frederic Linfjard, Head of Growth Marketing,daily schedule

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Curry so weit

Because of the incredible franchise opportunity, minimal start-up costs and high success rate, I believe this is the ideal franchise to buy. There aren't many places that offer authentic Indian food, but Curry Up Now is one of them. To become a Curry Up Now franchisee you will need a reasonable amount of capital and seed capital. However, franchisors provide ongoing help and sales are consistent. Also, running a successful franchise requires few complicated procedures.

Nely Mihaylova, the content editor,UNAGI Roller

pay more

Since this is the fastest growing e-franchise in the United States, I think it would be a good investment to buy. PayMore offers franchise opportunities for anyone looking for something outside of the food industry. Given today's used electronics market and the recession resilience of the industry as a whole, this business has great potential. It has won wide recognition and praise from people around the world. Thanks to minimal start-up costs and high rent, the franchisee's profits are in the six-figure range. The innovative and effective franchise business model integrates the revenue streams of multiple fast-growing industries with the customization and scalability benefits of digital software.

Tiffany Payne, Marketingdirektor,flooded restoration

Fit Bodycamp

Fit Body Boot Camp offers scalable personal training as a turnkey operation for a funding requirement of $100,000, with the potential for higher profit margins than comparable fitness companies. Inexpensive equipment, long-term training, and personalized nutrition plans are all that Fit Body Boot Camp emphasizes. In my opinion, franchisees have the opportunity to work with marketers on things like advertising campaigns, promotional initiatives, and more. You can use the website, software and low-cost retirement plans for you and your team. Thanks to the Fit Body Boot Camp region card, you can guarantee that you will have a great opportunity to serve customers.

Steve Rosa, CEO,money transfers


The best franchise company is NextHome. NextHome is a real estate company that specializes in helping people buy and sell homes. With a network of more than 1,200 real estate agents across the United States, NextHome is known for its innovative technology, customer service and marketing. NextHome was ranked as one of the Top 50 Franchisees by Entrepreneur Magazine and one of the Top 100 Franchisees by Franchise Times. It's a great investment for anyone interested in starting their own business and offers a proven business model with a strong brand identity.

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What is the best franchise? 14 answers - Terkel (3)

Brooklyn Cupcake-Laden

Given the current market, I think this is the ideal QSR franchise to invest in. I believe that Generation Z has overtaken Baby Boomers as the largest living demographic and are at the forefront of a movement designed to revolutionize the way we relate to food. Fast cooking requires minimal handling from start to finish. Brooklyn Dumpling Shop is America's hottest startup with multipacker capabilities and high potential for long-term success in the US market. Each franchise location has an automated contactless kiosk where customers can order and pay for their authentic cupcakes without waiting in line. With little competition, minimal start-up costs, and a growing customer base, many new franchisees are making significant profits. In the United States, many people value time and money. This fast informal franchise saves time and money for franchisees and consumers. Smooth operation and revenue-generating offerings reduce franchisee dissatisfaction.

Daniel Foley, founder,assertive media


If you're looking for a franchise to invest in, look no further than this new business opportunity in the United States. Frozen desserts are increasing in popularity. It's no surprise that Gooey Butter Cake and Italian Tiramisu are two of the most popular frozen desserts. It wouldn't take much effort to repeat the success of this restaurant. Food can be prepared and served with a minimum of effort and skill. With JARS you don't need a master chef or an elaborate kitchen.

Holly Cooper, Content Managers and Planners,Lucas Products and Services

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related questions

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What is the #1 franchise? ›

Top 100 Franchises 2023
1Chick-fil-AUnited States of America
2The UPS StoreUnited States of America
3Ace Hardware CorporationUnited States of America
4McDonald'sUnited States of America
16 more rows

What is the most powerful franchise? ›

The top 25 highest grossing media franchises of all time worldwide (by total revenue in U.S. dollars) are as follows:
  • Pokémon – $92.121 billion.
  • Hello Kitty – $80.026 billion.
  • Winnie the Pooh – $75.034 billion.
  • Mickey Mouse & Friends – $70.587 billion.
  • Star Wars – $65.631 billion.
  • Anpanman – $60.285 billion.

What is the most successful food franchise of all time? ›

McDonald's is the world's largest franchise network with an incredible $89 billion in global sales.

What are the 4 types of franchising? ›

There are 4 basic types of franchise agreements: Single-unit, multi-unit, area development and master franchising. A single-unit franchise is the most common and is simply where a franchisor grants a franchisee rights to open and operate one single franchise unit.

Which franchise is best? ›

The best franchise you can start in India are:
  • McDonald's.
  • Delhivery.
  • KFC.
  • Kidzee.
  • Lenskart.
Dec 28, 2022

What is the hardest franchise to own? ›

According to an article from The Washington Post, Chick-fil-A only accepts 100 to 115 franchisees from the 40,000 who apply every year. That means only 0.25 percent of applicants are chosen (your kids' chances of getting into Harvard are better!).

What are the 3 biggest franchises? ›

These Are the Highest-Grossing Movie Franchises of All Time
  1. 1 Marvel Cinematic Universe — $27.98B. Marvel Studios / Disney.
  2. 2 Star Wars — $10.31B. Walt Disney Studios Motion Pictures. ...
  3. 3 Spider-Man — $9.8B. ...
  4. 4 Wizarding World — $9.66B. ...
  5. 5 James Bond — $7.83B. ...
  6. 6 The Avengers — $7.76B. ...
  7. 7 Batman — $6.84B. ...
  8. 8 Fast and Furious — $6.62B. ...
Dec 4, 2022

Who is the richest franchisee? ›

The most lucrative route in franchising is to become a multi-unit franchise operator. Take the case of Greg Flynn, who now owns more than 2,400 franchise restaurants. In 2012, he became the first American franchisee to reach the $1 billion mark.

What is the fastest growing franchise in the world? ›

Browse franchises by category
Franchise name/rankCategory/DescriptionInitial Investment
# 1 Stratus Building SolutionsCommercial Cleaning Environmentally friendly commercial cleaning and disinfecting$4K - $80K
# 2 Jersey Mike's Subs Request InfoSubmarine Sandwiches Subs and Philly cheesesteaks$194K - $955K
8 more rows

What is a good small food franchise to open? ›

Top 10 Cheapest Food Franchises To Open
  • Subway. Subway is an international fast-food sandwich chain that advertises heavily and brings in many customers. ...
  • Baskin-Robbins. ...
  • Domino's Pizza. ...
  • Chester's. ...
  • Cold Stone Creamery. ...
  • Mucho Burrito. ...
  • Scooter's Coffee. ...
  • Planet Smoothie.

Do franchise owners make money? ›

Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.

What are the three 3 main types of franchises? ›

There are three main types of franchise opportunities available, these are:
  • Business format franchises.
  • Product franchises, or Single operator franchises.
  • Manufacturing franchises.

What are the 2 types of franchises? ›

There are basically two types of franchises. There's Product Distribution Franchising (or what's really called traditional franchising), and there's Business Format Franchising, which most people recognize as franchising.

Why franchise is the best? ›

Franchising allows bigger businesses to branch out and grow while giving entrepreneurs and small business owners a chance to run their own operations with the help and support of a larger organization with a proven formula for success. Franchising is a tempting way to find business success.

What is a successful franchise? ›

A franchise becomes successful because people recognize the brand, and people know the brand because of consistent services. This is why a standardized business process is essential to running a successful franchise.

What is the best and cheapest franchise to open? ›

Here are some of the cheapest franchises to start:
  1. Cruise Planners. Franchise fee: $10,995. ...
  2. Jazzercise. Franchise fee: $1,250. ...
  3. Help-U-Sell Real Estate. Franchise fee: $15,000. ...
  4. United Country Real Estate. Franchise fee: $8,000 to $20,000. ...
  5. Stratus Building Solutions. ...
  6. Anago Cleaning Systems. ...
  7. JAN-PRO. ...
  8. Dream Vacations.
Feb 21, 2023

Is Chick-fil-A franchise harder than Harvard? ›

In fact, it's about 30 times more likely that you'll get into Harvard than to be approved for your own Chick-fil-A franchise. Just last year, Chick-fil-A accepted only 0.15% of all applicants who wanted to become operators, approving around 100 new franchisees. Compare that to Harvard's acceptance race of about 4.5%.

Why do most franchises fail? ›

Here are a few of the most common reasons why franchises fail: The franchisor sells to unqualified, inexperienced, undercapitalized, or naive franchisees. In addition, franchisees are unrealistic about the workload that goes into operating a franchise.

Why is it only cost $10 K to own a Chick-fil-A franchise? ›

The franchisee only pays the $10k franchise fee. Chick-fil-A pays for (and retains ownership of) everything — real estate, equipment, inventory — and in return, it takes a MUCH bigger piece of the pie. While a franchise like KFC takes 5% of sales, Chick-fil-A commands 15% of sales + 50% of any profit.

What are the five 5 major types of franchises? ›

The five major types of franchises are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.

Who is the largest franchise owner? ›


What is the longest lasting franchise? ›

First Movie: 1954

Over the course of nearly 70 years and an astonishing 38 movies, Godzilla has moved away from its social commentary to more action-packed disaster movies. With the 39th film set to release in 2024, Godzilla is the longest-running film franchise of all time.

Can a franchise make you a millionaire? ›

The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.

What is the US largest franchise? ›

In terms of revenue, the leading U.S-based franchise in the United States was McDonalds, who generated over 112 billion U.S. dollars in sales worldwide in 2021. They were followed by other such iconic names as 7-Eleven, KFC, and Burger King.

How many McDonalds franchises fail? ›

In addition to more than 400 closures over that period, about 28% of franchisee-owned units have either closed or been sold in just two years. The departures are likely due to a combination of factors, franchisees and other sources say.

How much is a 7 11 franchise? ›

Your initial investment includes three major components: An initial franchise fee of $25,000. An inventory down payment between $20,000 and $40,000, plus an initial cash register fund. Land and building improvements, which vary by site.

Are all franchises successful? ›

But there is a problem: too many franchisors never grow into a bona fide successful franchise system. The numbers don't lie: 67 percent of all franchisors who launch don't sell a single franchise in their first two years.

What is the #1 franchise according to the franchise 500 rankings? ›

Browse franchises by category
Franchise name/rankCategory/Description
# 1 Taco BellMexican Food Mexican-inspired food
# 2 Popeyes Louisiana KitchenChicken Fried chicken, seafood, biscuits
# 3 Jersey Mike's Subs Request InfoSubmarine Sandwiches Subs and Philly cheesesteaks
7 more rows

What is the biggest franchise in the US? ›

In 2021, the U.S. franchise with the highest global sales was McDonalds, which reported over 112 billion U.S. dollars in sales worldwide. Second in the ranking was 7-Eleven, whose franchising locations generated approximately 95 billion U.S. dollars in sales worldwide.

What is a franchise example? ›

Examples of well-known franchise business models include McDonald's (NYSE: MCD), Subway, United Parcel Service (NYSE: UPS), and H&R Block (NYSE: HRB). Franchise business opportunities are available across a wide variety of industries.


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