Top 30 Best Franchise Opportunities to Buy and Own

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Owning a franchise business can help an individual grow his or her business. Individual entrepreneurs can thus go for the best franchises and buy the company’s name, logo, and popularity to help their own business to improve. Popular franchise opportunities with a good status can help attract customers or clients. 

Looking for the best franchises to own is not an easy job, though. You need to go through and lot into lots of options and compare them to get the one that suits you the best. There are lots of franchises for sale around.

You need capital to buy them and invest some money initially. The idea is to know their franchise fee – the one-time fee you need to pay to buy the franchise and initial investments – which includes the money you need to invest in materials, labor, and resources.

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Best Franchise Opportunities Right Now

So, if you are looking for the best franchise opportunities to start your business career, you are just in the right place. This time, we came up with some of the most profitable franchises, along with their franchise fees and initial investments. 

1. 7 – Eleven

7- Eleven is one of the most successful convenience stores out there. It has experienced a lot of growth in the last few years. With its reputation in hand, it can be one of the best franchise opportunities out there. You can get yourself started within five to seven months with proper training and testing.

  • Franchise fees: $ 10,000 to $ 1,000,000
  • Initial Investment: $ 37,550 to $ 1,149,900

2. McDonald’s

We all have heard about McDonald’s. It has got a wide range of business supplies and a reputation throughout the world. With its popularity in hand, you do need to invest a good amount of money in hand.

But with the popularity, recognition, and experience it has, a large amount of investment is justified. This is indeed one of the most profitable franchises. 

  • Franchise fees: $ 45,000
  • Initial Investment: $ 1,008,000 to $ 2,214,000

3. Cruise Planners

Cruise Planners is a well-reputed traveling company. It is a representative of American Express and one of the largest Cruise planning companies. The franchise fees or the initial investment is not too high and belongs to one of the cheap franchises out there. So, if you are looking to start your career with a profitable franchise, this can be one of them.

  • Franchise fees: $ 10,995
  • Initial Investment: $ 2,000 to $ 23,395.

4. Fit4Mom

With very low start-up costs, Fit4mom offers training to provide fitness to all the moms out there. With its unique concept, it can be a good franchise to invest your money in. So, if you have an interest in the field of fitness, you can go for Fit4mom. You can start your classes and schedule the timing according to your preference. The franchise fees are not too high.

  • Franchise fees: $ 5,000 to $ 10,995
  • Initial Investment: $ 6,024 to $ 24,755

5. Dunkin

This is one of the most profitable franchises out there. The franchise is recognizable in more than 32 countries. It is one of the most trusted and loyal franchisees. Dunkin offers proper training and guidance to its franchisees, along with site selection, management, construction, operations, and marketing. The investment is a bit high in this case. 

  • Franchise fees: $ 40,000 to $ 90,995
  • Initial Investment: $ 109,700 to $ 1,637,755

6. The UPS Store

One of the best franchises to buy in the business service industries. It has got brand recognition, which can help you to attract customers and earn profits. UPS store provides quality training to their franchisees to help them guide them throughout. 

  • Franchise fees: $ 29,950
  • Initial Investment: $ 138,000 to $ 460,000

7. JAN-Pro

Another one of the cheap franchise opportunities that you can approach for your business. JAN-Pro is a franchise that offers cleaning services. They offer home-based, international, and executive business opportunities to their franchisees. 

  • Franchise fees: $ 2,500 to $ 44,000
  • Initial Investment: $ 4,000 to $ 51,000

8. Chem-Dry

Chem-Dry has offered the installation and cleaning of carpets since 1977. If you are interested in this field, you should go for Chem-dry as the fees and investments are quite affordable. Apart from the fees, you might need to spend $ 50,000 on personal financials.

  • Franchise fees: $ 23,000
  • Initial Investment: $ 56,000 to $ 162,000

9. Jazzercise

If you don’t have a huge capital to invest in, Jazzercise would be a great option for you. The franchise believes in fitness and provides crazy dance moves to stay fit. With low fees and investments involved, along with its recognition, Jazzercise would be a good buy.

  • Franchise fees: $ 1,250
  • Initial Investment: $ 2,500 to $ 38,000

10. Stratus Building Solutions

With its market recognition in building offices, stores, and malls, Stratus Building Solutions offers its Franchisees Unit, Regional, and executive opportunities at low costs. The franchise started in 2006 and is a popular buy in the building field. The franchise offers range from quite affordable to expensive rates. 

  • Franchise fees: $ 2,550 to $ 100,000
  • Initial Investment: $ 3,500 to $ 100,000

11. Taco Bell

Being one of the most profitable franchises, Taco Bell is not a cheap franchise to buy. Due to its huge popularity, there are a lot of franchisees looking for the same. There’s a huge profit of about $ 1.5 million per year in each of its restaurants. So, if you are looking to own a restaurant to earn huge profits, go for it. 

  • Franchise fees: $ 25,550 to $ 50,000
  • Initial Investment: $ 500,000 to $ 1,000,000

12. Chick-Fil-A

Another restaurant franchise opportunity resulted in about four million dollars of sales per year. The only drawback is that you’d just be an operator and not the owner of the restaurant. The company still has the controls. But studies show that even being a local manager at Chick-Fil-A is quite profitable.

  • Franchise fees: $ 10,000
  • Initial Investment: $ 500,000 to $ 1,000,000

13. Mosquito Squad

Gear up to save your neighbors from mosquitoes by buying the mosquito squad franchise. Mosquito Squad has been one of the well-known pest control franchises since 2009. With low franchise fees, Mosquito squad third-party lender relationships to help you into business ownership.

  • Franchise fees: $ 15,000 to $ 32,000
  • Initial Investment: $ 17,000 to $ 79,000

14. Property Management Inc

If you are interested in managing properties, Property Management Inc serves huge opportunities for you in this industry. In 40 states, they have over 200 franchises. They offer technology and training to their franchisees for survival and help you build your own property management business.

  • Franchise fees: $ 15,000 to $ 45,000
  • Initial Investment: $ 21,000 to $ 107,000

15. Sonic Drive-in

The sonic drive-in is another excellent franchise opportunity. With its quality service in operational and customer service fields, they have quite a market recognition. They measured an average gross sales increase of about $ 250,000 in just 6 years. There’s a high initial investment involved in this franchise. 

  • Franchise fees: $ 45,000
  • Initial Investment: $ 1,240,000 to $ 3,507,000

16. RE/MAX

With a strong global presence and strategies, RE/MAX has seen a growth of about 100,000 agents in just 100 countries. The reason for such growth and demand is the company’s advertisement strategies and developed philosophies. Thousand of powerhouse brokers have chosen RE/MAX over the past years.

  • Franchise fees: $ 15,000 to $ 32,000
  • Initial Investment: $ 37,000 to $ 227,000

17. Dream vacations

They are offering their franchisees the to run a business from the comfort of their own homes. Dream Vacations is a traveling agency with low fees and investments involved. They offer discounts to their franchise owners in case they want to plan a holiday. With their quality training in hand, you can get a quality life.

  • Franchise fees: $ 495 to $ 9,800
  • Initial Investment: $ 3,000 to $ 21,000

18. Soccer Shots

Founded in 2005, Soccer Shots provides quality fitness training to kids. To over 350,000 enrolments in their football programs, Soccer shots have a growth rate of over 60% a year. There are not many branches over the US, though, but you would find a lot of them in the Western and central US.

  • Franchise fees: $ 34,000
  • Initial Investment: $ 41,000 to $ 53,000

19. Baby Boot camp

Similar to Fit4Mom, they provide fitness training to new moms. With quite a cheap start in the franchise, you can earn a lot of profit due to its amazing ideas. Baby boot camps are quite faster in terms of operation and would start operating as soon as the employees show up.

  • Franchise Fees: $12,000

20. Lil’ Kickers

With small initial investments, they offer soccer training and fitness classes to kids. They have got low franchise fees to provide as many opportunities to the franchisees. If you are interested in the fitness genre and are good with kids, Lil’ kickers can be a good buy.

  • Franchise fees: $ 15,000
  • Initial Investment: $ 25,000 to $ 35,000

21. Great Clips

Dealing with technology is one of the most important aspects these days. Great clips provide their franchisees training with up-to-date technologies. Great clips believe in providing the best services to its customers and gaining their trust. Being in Great clips is like running your own business with brand recognition with you. 

  • Franchise fees: $ 20,000
  • Initial Investment: $ 1,240,000 to $ 3,540,000

22. SuperGlass

SuperGlass windshield repair is a company providing services to fix damaged windshields. It has been quite trusted in the market for over 30 years. This is a mobile franchise, and thus the initial investment is quite low. There is no requirement for any physical shop. 

  • Franchise fees: $ 9,500 to $ 28,000
  • Initial Investment: $ 9,000 to $ 31,000

23. Hardee’s restaurants

One of the best franchise opportunities in the restaurant business is supplying one of America’s best Burger brands. It also is a subsidiary of CKE restaurantsHardee’s restaurants offer classes and on-the-job training. To improve communication, it also trains its franchisees in fields like Social marketing, Web development, SEO, and email marketing. 

  • Franchise fees: $ 25,000 to $ 35,000
  • Initial Investment: $ 1,600,000 to $ 2,120,000

24. Coverall

Coverall is a franchise providing cleaning services to its customers. The initial investments and the franchise fees are not so high here. It has been franchising for over 30 years and over 8,500 different locations around the world. 

  • Franchise fees: $ 13,000 to $ 40,000
  • Initial Investment: $ 16,000 to $ 51,200

25. Chester’s

With very low franchise fees, Chester’s is one of the most popular fried chicken franchises out there. Market recognition is a big advantage in this case. Chester’s is thus one of the cheapest franchises for sale. 

  • Franchise fees: $ 3,500
  • Initial Investment: $ 8,000 to $ 296,598

26. Sport Clips

Sport Clips has got a high success rate over the past few years of over 95%. The franchise is one of the most stable ones and is one of the best franchises to own. It is one o the fastest-growing hair cutting brands with over 1800 locations in the US.

  • Franchise fees: $ 59,500
  • Initial Investment: $ 224,000 to $ 373,598

27. Padgett Business Services

If you have knowledge related to finance, you can go for this franchise. Padgett Business Services offers expert advice on finance, accounting, tax, business, and payroll solutions. With the recognition and trust it has built over the years, it can be a good pick. 

  • Franchise fees: $ 59,500
  • Initial Investment: $ 224,000 to $ 373,598

The last three franchise opportunities are some of the key picks. We have mentioned their growth rate and mid-initial investment to help you learn more.

28. Freddy’s Frozen Custards and Steakburgers

This is a well-known restaurant with good brand value. Known for its quality burgers and Frozen Custards, Freddy’s will help you to start your business within 7- 18 months. With its great hospitality and food quality reputation, with over 282 units, it is indeed a good buy.

  • Midpoint Initial investment: $ 1,294,000
  • Five-year growth rate: 31.3%

29. Planet Fitness

With over 1400 franchise units and a median annual income of $567,000, Planet Fitness offers comfortable fitness journeys and gym memberships. They provide training to their franchisees and have over 14 million members. 

  • Midpoint Initial investment: $ 2,500,000
  • Five-year growth rate: 22.3%

30. Pure Barre

With over 500 units, Pure barre is a great franchise opportunity. Pure Barre is a boutique fitness brand with over 600,000 clients. Pure barre has got a good growth rate and has one of the largest numbers of members. They also provide training for their franchisees. 

  • Midpoint Initial investment: $ 234,000
  • Five-year growth rate: 39.9%

Summing Up

So, if you are looking forward to starting your career, and making profits through business, going through some of the best franchises is the wisest decision. The above list of franchises provides some of the best profits and brand recognition and support to help you throughout.

We have provided you with the best franchise opportunities, along with their important highlights. I hope that you like the article. Share with your friends to help them too.