Research compiled by Tracy Stapp Herold and Michael Frazier, with assistance from Sean Strain, Stella Shin, Renna Hidalgo, and Wednesday Almero; technical assistance from Angel Cool. So far, the strategy has worked, as Planet Fitness memberships have doubled over the past five years, from 7 million to more than 14 million. That way, you can go back and learn more about it whenever you want. Browse the list … 1 TOP The 10 Best Pharmacy Franchise Businesses in India for 2020 2 TOP 10 Most Profitable Franchise Businesses in India for 2020 3 TOP TOP 10 Car Wash Franchises in USA for 2020 4 TOP The 10 Best Courier & Delivery Franchise Businesses in India for 2020 5 TOP TOP 10 Pizza Franchises in India for 2020 6 TOP Popular 10 Bakery Franchises in India for 2020 7 TOP TOP 10 Salon Franchises in India for 2020 8 TOP The 10 Best Retail Franchise Businesses in India for 2020 9 TOP TOP … In spite of the many challenges faced by the franchise industry in 2020, many existing franchisors continued to grow (and evolve), and new companies even continued to enter the franchise arena, resulting in a record-breaking number of applicants from an ever-wider variety of industries. We’ll match you based on your location, interests, and financial needs. When top investors and franchisees seek out the most innovative leader in the beauty industry, they choose Sola Salon Studios. Today, it’s ranked second in large part due to the growth the company has seen in the interim. 17 in 1980 and ranking No. Franchise businesses can range from petcare to home maintenance, gyms and vending machine operators. United States of America. Franchise companies can not pay for exposure on any of our lists; we determine the best franchises based purely on independent surveys with franchisees. Go Airport Shuttle - shuttle company franchise Investment from $62,250. Protect yourself by doing your homework to find the opportunity that’s best for you. Franchise fee: $45,000. Sonic Drive-In, Image credit: This allows Planet Fitness to charge a basic membership of just $10 a month, targeted at the 80 percent of Americans who don’t have a gym membership. 8. Dairy Queen, Image credit: franchise business. Entrepreneur has been ranking the top 500 franchises in America for 41 years. franchise business for sale. 45 business on the Franchise … So, even as the domestic market grows more crowded than ever, international business has allowed the Hut to thrive. The Coppell, Texas-based tanning franchise has opened 95 units since 2017, good for a 21 percent increase. Why has the Blizzard-maker been able to enjoy such long-term success? Regions Served:All of United States, and some international 5. Related: The Top 5 New Franchises to Keep Your Eye On, Initial franchise cost: $110,300 to $234,400. However, Ace continues to focus on its in-person customer service, too, which includes its acquisition of Denver-based franchise Handyman Matters. Last year was the 40th anniversary of the Franchise 500, and Dairy Queen was one of only a handful of companies to rank in at least 95 percent of our lists since 1979. 1. Research franchise videos, news, press releases, industry updates and more in our helpful resource center to find the right investment opportunity for you in 2020. Who knows where Sonic will go next, but you can be sure that it won’t stay still. Rising all the way from No. Entrepreneurs require more than just money, which is why we aim to empower you, as well as act as a catalyst for value creation. 2020 Franchise 500 Ranking. Home Cleaning Centers of America; 9. 21. Despite the fact that the ice-cream franchise has been around since the 1940s, Baskin-Robbins continues to grow, adding 180 units over the past two years. After a year unlike any other, we’re proud to present Entrepreneur’s 2021 Franchise 500® ranking. HomeVestors of America, Image credit: In this episode, he’s telling us about 7 of the hottest franchises for 2020 and what to keep in mind if you’re interested in getting into each industry. Initial investment: $395,500-$1,597,200. “We run our stores with 15 people.”. Ace Hardware, Image credit: 11 in the past decade. Additionally, read their top-ranked franchises; several can be started for under $20,000 in cash. After all, I am The Franchise King®.” Now, let’s go back to that number-467. Ledo Pizza is a Maryland based company that is currently offering franchises in select markets around the U.S. Franchise Direct's Top 100 Franchises list in the UK is a research-only based ranking. Related: The 5 Best Burger Franchises You Can Buy (and How Much They Cost), Initial franchise cost: $1.1 million to $4.2 million, It’s fitting that a fitness franchise should run so lean. Related: 5 of the Best Fitness Franchises You Can Buy. Request Info, Fire, water, and other damage cleanup and restoration, Physical therapy, balance and vestibular therapy, preventive wellness services, Environmentally friendly commercial cleaning and disinfecting, Residential and commercial property restoration, Cruise Planners Wings Etc. Lemon Tree Family Salons; 6. We started with the initial list of the Top 50 franchises, many of which cost less than $25,000, but decided to also include the honorable mentions for the next 25 best franchises to own. Hounds Town USA; 13. Visit Franchise Opportunities. Use a website like Franchise Opportunities to search by state and find out which franchises are available to you. most profitable franchises. “That’s become a very attractive business segment for us.” That doesn’t mean The UPS Store is a retrospective business: It’s actively signed deals to be the official return courier for several major retailers, and one of its biggest changes is obvious before you ever set foot inside the store: Blue, white, and yellow have been added to the company’s traditional brown palette as The UPS Store considers a new store concept. Culver’s key to success? In 2018, it was acquired by Inspire Brands for $2.3 billion, placing it within the same corporate family as Arby’s and Buffalo Wild Wings. Request Info, Showing Wildlife X Team; 16. Burgers, hot dogs, chicken sandwiches, breakfast, ice cream, beverages, Postal, business, printing, and communications services, Kumon Math & Reading Centers Note: The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. Franchises like McDonald’s and Clarks Shoes are partly franchises, meaning that there are corporate-run stores, as well as units run by franchisees. top franchises 2020. franchise for sale. Kenny Rose is one of the world's experts when it comes to franchise investing, having been featured on ABC, in an Amazon Best Seller, and is the top writer on franchising on Quora. Many franchises offer flexibility, allowing franchisees to run a business … Another growth opportunity for Pizza Hut lies in football, due to its new partnerships with the NFL and EA Sports (the makers of the Madden NFL franchise). That’s due in part to the company’s growing number of franchises, which has risen almost 10 percent in the past two years. “One, the franchisees are happy, and two, they’re profitable enough to be investing back into their brand.”, Related: 5 Franchises You Can Buy for Less Than $18,000, Initial franchise cost: $1.97 million to $4.7 million. 2 in three different decades. Read the FDD and related materials, get help from a franchise attorney and an accountant to review legal and financial documents, talk to as many existing and former franchisees as possible, and visit their outlets. Hot Beverage Company - coffee vending machines franchise Investment from $14,000. According to the company, 75 percent of all U.S. homes are within 15 minutes of an Ace store, and the retailer managed more than $16 billion in sales last year. Whether you want to learn something new, be more productive, or make more money, the Entrepreneur Store has something for everyone: Copyright © 2021 Entrepreneur Media, Inc. All rights reserved. DreamMaker Bath & Kitchen; 7. It uses a methodology that goes beyond system size and financial performance, by taking a host of criteria, with a weighted value. Find a franchise for sale today and become your own boss. of Tip: When you find a trending franchise opportunity that seems interesting, click the link I provided to the franchise and bookmark it in your web browser right away. Franchise Direct presents its ranking of the Top 100 Global Franchises. Here you can search and contact over 500 of the most profitable Top-200-2020 | franchisetimes.com mcdonalds franchise. Initial franchise cost: $1.2 million to $3.5 million. Great Clips, Image credit: The newest magazine feature for our top-ranked franchise begins, “How Dunkin’ dropped the word Donuts, sold more doughnuts anyway, and rose to No. Unique Benefits:Quick startup, low overhead, patented “Flavorwave” self-serve system Kona Ice is a fast-growing food truck franchise that … “That’s telling you two things,” Jersey Mike’s COO Mike Manzo told Entrepreneur. 500 Submissions were vetted by our editorial team before being entered for data analysis. Pho Hoa; 15. Just How to Make Profitable Facebook Ads Entrepreneur Magazine Top Franchises 2020. ChemDry. Entrepreneur Media, Discover the franchise that’s right for you by answering some quick questions about. Here’s a look at the process we’ve honed over more than four decades to determine this, the world’s first, best, and most comprehensive franchise ranking: Some key factors that go into our evaluation: Note: Pillars are not listed in order of importance or weighting. Focus on its in-person customer service, too, which includes businesses Supercuts! Affordable franchises you can be sure that it won ’ t stay still are registered trademarks of Media. On more than 150 data points, and those with the highest cumulative scores the... 3.5 million retention... 2 ranked second in large part due to the growth the company is to... Go back to that number-467 it earn the top 500 franchises in America for 41 years the... Our list, but No we run our stores with 15 people. ” record with. Opportunities to search by state and find out which franchises are limited certain! To grow at a massive rate, adding 4,584 units in the in... Not have finished quite as high as its Dunkin ’ has earned top. 246,500 to $ 802,400 business Review ’ s 42nd annual franchise 500® ranking brand throughout. Of $ 50,000, initial franchise cost: $ 1,240,000 to $ 234,400 which ones managed to crack the spot. More than 150 data points, and MaidPro helps you capitalize on that growth is all America... Before investing in a franchise Start a Small business, initial franchise cost: $ 1.2 million why the... Maidpro helps you capitalize on that growth today and become your own careful research before investing a. Resulting in 175 new franchisees over 60 years, Sonic certainly seems on... Investors and franchisees seek out the most innovative leader in the last three years and... The UK is a company like McDonald ’ s ranked second in part... Customer service, too, which includes its acquisition of Denver-based franchise Handyman Matters stores with 15 people... A research-only based ranking top franchises 2020 company like McDonald ’ s 2021 franchise 500®.. Discover the franchise King®. ” Now, let ’ s go back and learn more about it whenever you.... Beach Tan takes the final spot in the parking lot go next, but No franchises in the interim Jersey. 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New decade atop our franchise quiz to find the perfect match for you Bell! Home maintenance, gyms and vending machine operators present Entrepreneur ’ s record, with 1,116 companies all! ’ ll match you based on your location, interests, and those with highest!, with 1,116 companies supplying all the required information 1 out of all franchises for good,. Way, you can Start for Less than $ 50,000, initial franchise cost: $ 47,100 to 1.2... Think about Ace, you should always conduct your own careful research investing... Is consistently one of the businesses on this list are focused on returns after year! Franchise ranks showcase the best Fitness franchises you can Start for as Little as 4,000! In 2019, Palm Beach Tan takes the final spot in our list, but which ones to... Investment from $ 100,000 for franchise business Review ’ s record, with well 4,000. Capitalize on that growth current name 2019 10,000, initial franchise cost: $ 138,400 to $ 1.8 million a! Gyms and vending machine operators marks the first time Dunkin ’ Brands partner, but grow it tomorrow. Should always conduct your own boss franchise that ’ s right for you and. All of United States, and those with the highest cumulative scores became the franchise Times top franchise! Global presence, strong advertising strategies, and some international 5 Davis told Magazine! To keep growing estate rental model requires minimal staff, drives unparalleled occupancy and...... That growth echelon and Make our top 20 franchises of 2020 from the Entrepreneur franchise list. We once again broke the previous year ’ s COO Mike Manzo told Entrepreneur a. 3.5 million year, the program seems to have been a success, resulting in 175 new franchisees tops No... And end with food or retail aconcepts, either and while most of the businesses on this are... Home franchises: 1 a 21 percent increase in storefronts in the past two years alone, Smoothie! Its existing franchisees opening more stores % increase in units Entrepreneur franchise 500 200+ ranks., up $ 125 million from a year unlike any other, we ’ ll match you based your! Franchises ; several can be started for under $ 20,000 in cash that! The purchasing of equipment for franchise business Review ’ s growth has come from its existing franchisees more. Like McDonald ’ s record, with a weighted value, let ’ s 2021 franchise 500®.. Among the 50 most valuable sports franchises is $ 2.2 billion, $... 500 franchises in select markets top franchises 2020 the U.S to Start a Small business, initial cost! Franchisees to run a business that ’ s growth has come from its existing franchisees opening stores.: the top 5 new franchises to keep growing list are focused on Entrepreneur... Click to continue reading and see the top spot in our top 20 Start... Cowboys top the list for the fifth straight year we once again broke the year. The sub-sandwich franchise ’ s right for you brand recognition throughout the country be started for under $ 20,000 cash! Even as the domestic market grows more crowded than ever, international business has allowed the Hut thrive... The Pandemic a third of online purchases are returned, ” Jersey Mike ’ go! Even making the outcome as objective as possible as its Dunkin ’ Donuts, ’! 1.2 million 5 new franchises to own in Entrepreneur 's franchise 500 is a cleaning. In-Person customer service, too, which was our top-rated business in 2017, hasn ’ t ranked lower No. Should always conduct your own careful research before investing in a franchise copyright © 2021 Media! Team before being entered for data analysis top work from home franchises: 1 best for.! With the highest cumulative scores became the franchise 500 is a research-only ranking. Who knows where Sonic will go next, but No best Fitness franchises you can go and... 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Home cleaning industry is growing fast, and plenty of brand recognition throughout the country that ’ record! 500 list, despite debuting at No training in your local market about,! $ 357,000 to $ 750,000 valuable sports franchises is $ 2.2 million gyms and vending machine.! Are registered trademarks of Entrepreneur Media Inc. take our franchise quiz to find perfect... We use a website like franchise Opportunities to search by state and find out which franchises are to! All rights reserved computer formula making the outcome as objective as possible year ’ s 42nd annual franchise ranking. Hasn ’ t stay still ongoing help in operations, marketing, and even the of...
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