Most profitable franchises of 2025

2024 proved to be a successful year for franchising, and it’s continuing to grow even in 2025. The global franchise market is expected to grow by $1.63 trillion within 2027 at an increasing rate of 9.58% annually.

Today, we’ve listed the top 50 profitable franchises for your next big venture. So sit back and find the best opportunities that could set you on the path to franchise success.

Why should you invest in a franchise?

Before we get into the details of the most profitable franchises to own, let's take a quick look at why franchising is such a popular career path.

Brand name recognition

When you buy in to a franchise opportunity you operate a business under an already-established brand name. For example, let's say you decide to purchase a Dominos or a Subway. Rather than starting a business and building an audience from scratch, you will attract customers who already know what to expect when they shop with you.

You can run the business, make decisions, and manage day-to-day operations at your own pace, but you’ll benefit from the success of a brand already known and trusted by customers.

Consistent support

One of the best advantages of owning a franchise is getting initial and ongoing training. You’ll get guidance from experienced professionals who will help you get started. They’ll support you at every step and ensure you’re skilled and knowledgeable enough to succeed.

Easy financing

Lenders often see franchises as less risky options for giving loans for various purposes. This is mainly due to the proven business model the franchises follow. This makes it easier for you to get loans and funding to start and grow the franchise.

Multi-unit expansion opportunities

Once you’ve found success with one or two franchise locations, you’ll have the chance to expand your business to other locations. Franchising makes it easy to grow, especially if you’ve already established your operations.

Many franchisors even offer royalty reductions or interest-free loans. This helps to build up multi-unit franchise locations and grow with the experience and confidence you have gathered from the previous ones.

The top 50 most profitable franchises to invest in for 2025

We've split this list into 10 categories to make it easier to find the right franchise opportunity for you.

Health and wellness

1. Medi-Weightloss

Franchise Fee: $45,000
Initial Investment: $207,000 - $435,000
Liquid cash Requirement: $300,000
Royalty Fee: 10%
Financing Available: Yes
Financing Details: Medi-Weightloss

If you’re interested in the medical weight loss industry then a Medi-Weightloss franchise will be a great option. With a strong support system and proven staff provided by Medi-Weightloss, you can run a successful business in weight loss, wellness, nutritional, and weight management products and services.

As with the training on various programs, you’ll get access to the advanced proprietary EMR/CRM Software through which you can run the business even when you’re not on-site.

2. Crunch

Franchise Fee: $25,000 - $50,000
Initial Investment: $918,000 - $6,691,000
Liquid cash Requirement: $400,000 - $500,000
Royalty Fee: 5%
Financing Available: Yes
Financing Details: Crunch

If you love fitness and enjoy helping others achieve their goals, Crunch will be a great platform to choose. It’s one of the largest gym franchises in the United States. They’ve franchises in various other locations, including Canada, Australia, Costa Rica, Portugal, Puerto Rico, and Spain.

The franchisees of this fitness chain get up to 53 hours of classroom training and 160 hours of on-the-job training to run their business more effectively.

3. Pearle Vision

Franchise Fee: $30,000
Initial Investment: $70,933 - $1,268,624
Liquid cash Requirement: $100,000
Royalty Fee: 7%
Financing Available: Yes
Financing Details: Pearle Vision

If you’re looking to contribute something truly special to American well-being, go with Pearle Vision – one of the most profitable franchises to own. It’s a well-known vision care company that started its journey in 1961. Upon establishing and starting its journey for franchising, it now has over 500 franchised locations, including North America, the US, and Canada.

As their franchisee, you’ll have the opportunity to run your business by selling eyeglasses and contact lenses and offering eye care services. Your franchise can also provide optometrist services through licensed professionals, ensuring customers receive top-quality care.

4. American Family Care

Franchise Fee: $60,000
Initial Investment: $1,227,774 - $1,778,851
Liquid cash Requirement: $750,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: American Family Care

D. Bruce Irwin, M.D., introduced American Family Care in 1982 with the motive to help wounded sufferers. The company began its franchising in 2008 and is now a leading provider of urgent care throughout the United States.

With its focus on convenience, affordability, and quality care, AFC offers franchisees a unique opportunity to build a successful business in the medical field. The best part? You don’t need to be a doctor to own an AFC franchise. If you want, you can even expand your services and include telemedicine, lab testing, and on-site pharmacies.

5. Orangetheory Fitness

Franchise Fee: $59,950
Initial Investment: $729,352 - $1,628,992
Liquid cash Requirement: $300,000
Royalty Fee: 8%
Financing Available: Yes
Financing Details: Orangetheory Fitness

Orangetheory Fitness is listed as one of the most profitable franchises that professionally combines science, technology, and coaching to ensure superior workout results. Since its establishment in 2010, the company now has over 1,200 locations worldwide.

It offers unique solutions to fitness with heart rate monitoring during trainer-led group workouts. Here, franchisees mainly run a studio equipped with treadmills, rowing machines, weights, and more. You can also provide locker rooms, showers, and a welcoming space for members.

Retail & technology services

6. CPR Cell Phone Repair

Franchise Fee: $37,500
Initial Investment: $55,650 - $170,500
Liquid cash Requirement: $50,000
Royalty Fee: 6,5%
Financing Available: Yes
Financing Details: CPR Cell Phone Repair

With over 500 locations worldwide, CPR Cell Phone Repair is renowned for providing same-day repair and refurbishing services for smartphones, cell phones, laptops, game systems, and other electronic devices.

If you’re new to this field, you can get enough support to grow with training sessions under professionals and strong community support. Their franchise system gives you access to a successful business model, ensuring you have the tools to grow.

7. TeamLogic IT

Franchise Fee: $40,000–$49,500
Initial Investment: $110,000 and $148,000
Liquid cash Requirement: $50,000
Royalty Fee: 7%
Financing Available: Yes
Financing Details: TeamLogic IT

TeamLogic IT is listed as the leading choice for the most intelligent, forward-thinking entrepreneurs who want to invest in a tech business in a reliable place. The notable part of this franchise is that it welcomes small businesses and helps them thrive under their strong guidance. The company mainly specializes in day-to-day computer repair and upgrades with top-notch customer services.

New franchisees start with a six-day training program at TeamLogic IT University, where they will learn about sales, marketing, customer service, and managing finances. Along with training, they help businesses by providing national marketing materials and support for hiring employees.

8. Batteries Plus

Franchise Fee: $44,500
Initial Investment: $252,286 - $493,836
Liquid cash Requirement: $150,000
Royalty Fee: 5%
Financing Available: Yes
Financing Details: Batteries Plus

Batteries Plus is a top-class and one of the most profitable franchises to own in tech that offers battery replacements, phone and tablet repairs, and a variety of light bulbs and accessories. Since its start in 1988, the company has now grown with over 600 locations across the United States and Puerto Rico.

As a franchisee, you’ll get access to thousands of battery types and products that serve a wide range of industries. Plus, it provides excellent support, training, tools, and guidance from experts to help franchisees run their businesses.

9. Wireless Zone

Franchise Fee: $1,000 - $25,000
Initial Investment: $190,000 - $445,500
Liquid cash Requirement: $175,000
Royalty Fee: 9%-22% of gross profit
Financing Available: Yes
Financing Details: Wireless Zone

If you’re looking for a reliable company to enter the retail mobile phone market, we must recommend starting with Wireless Zone. Since its initial journey with franchisees in 1989, just one year after its establishment, the company has become the leading Verizon franchisor in the U.S.

What truly sets it apart from other tech retailers is its strong relationship with Verizon. This makes their company tech centers that offer the latest wireless devices, smart home products, and tech accessories.

10. CMIT Solutions

Franchise Fee: $49,950 - $60,450
Initial Investment: $101,950 - $154,950
Liquid cash Requirement: $100,000 - $150,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: CMIT Solutions

Low risk, affordable with vast smart adaptability - these all terms perfectly go with the CMIT Solutions franchise. To start your journey here as a franchisee with this IT company, you don’t necessarily need to be an IT expert. Most of the franchisees come from various backgrounds and are sales, technical, marketing, and finance experts.

After accepting your application, you’ll go through a 14 to 18-week training program where you’ll learn everything to build a successful business. Plus, you’ll have access to a 24/7 help desk and Network Operation Center and partnerships with many tech companies like Dell, Microsoft, Barracuda, and ConnectWise.

Food & beverage

11. McDonald’s

Franchise Fee: $45,000
Initial Investment:
Liquid cash Requirement: Minimum of $500,000
Royalty Fee: 4% or 5%
Financing Available: Yes
Financing Details: McDonald’s

McDonald's is the most well-established and successful fast-food franchises across the United States and around the world. Their well-designed franchise system offers strong support, including top-notch training at Hamburger University with a strong marketing and supply chain. Franchisees get the amazing opportunity to grow in their communities and support charities like Ronald McDonald House Charities.

12. Dunkin’

Franchise Fee: $40,000 to $90,000
Initial Investment: $526,900 - $1,809,500
Liquid cash Requirement: $500,000
Royalty Fee: 5.9%
Financing Available: Yes
Financing Details: Dunkin’

Dunkin' is the go-to option for those who want a franchise with strong brand recognition, an established customer base, and a robust support system from an experienced team. They’ve got a wide global presence with over 13,000 locations across different states. It even continues to increase brand awareness by partnering with world-class brands like JetBlue, Saucony, and Coca-Cola.

The company serves 3 million customers daily and has 8 million members in its perks program. The best part is that you don’t need a business degree to become a successful Dunkin’ franchisee. One example is Robert Branca, a lawyer who is now growing his business with over 700 stores worldwide.

13. Popeyes

Franchise Fee: $50,000
Initial Investment: $380,000 to $3,000,000
Liquid cash Requirement: $500,000
Royalty Fee: 5.9% of gross sales
Financing Available: Yes
Financing Details: Popeyes

Are you looking for the most profitable franchises in 2024 in fried chicken and seafood? Popeyes is one of the best options. With over 3,000 locations across 25+ countries and strong fanbases, it’s now ranked as a top choice for potential business owners.

Their year-over-year growth rate of 5%, far exceeding the industry average of 0%, proves the brand's strong market performance and growing customer demand. Popeyes values its franchisees by involving them in decision-making and providing great support throughout the process.

14. Chick-fil-A

Franchise Fee:$10,000
Initial Investment: $295,412 to $2,431,608
Liquid cash Requirement: $0
Royalty Fee: 15%
Financing Available: Yes
Financing Details: Chick-fil-A

If you prefer to invest in the profitable franchise 2024 that essentially runs itself and requires minimal involvement, Chick-fil-A is the one for you. It’s one of the popular franchises that ensures an average of $5.3 million in gross annual sales per location. This is much higher than competitors like Popeyes, which averages $1.5 million, and McDonald’s at $2.7 million.

One solid reason to invest here is its unique business model. It retains ownership of its restaurants and handles all major purchasing decisions, which ensures consistency and quality.

15. Sonic Drive-in

Franchise Fee: $22,500- $45,000
Initial Investment: : $1,714,200- $1,390,900
Liquid cash Requirement: $500,000
Royalty Fee: 5%
Financing Available: Yes
Financing Details: Sonic Drive-in

A Sonic Drive-In franchise is the top choice if you’re thinking about what franchises are the most profitable for investment in a minimal amount. With over 3,500 locations in 46 states worldwide, the company has now gained strong brand recognition and a loyal customer base.

Its unique drive-in concept and “Carhop” service offer a one-of-a-kind dining experience that favors anyone. The franchise even stays competitive by adopting modern trends like mobile ordering and delivery, which make it relevant in the fast-food industry.

Home improvement and maintenance

16. Ace Hardware

Franchise Fee: $5,000
Initial Investment: $602,350 - $1,990,180
Liquid cash Requirement: $350,000
Royalty Fee: $799 per month per center
Financing Available: Yes
Financing Details: Ace Hardware

If you’re interested in starting a franchise with a low-cost investment, you must check out Ace Hardware. It’s a well-known home improvement store with a strong brand reputation worldwide.

One of the great benefits franchisees get is the annual shared portion of profits from the company's own. Plus, the company offers flexibility to the owner to provide services and prices that meet their business needs. You’ll even get access to plenty of resources and ongoing support to be successful in this business.

17. TruBlue Home Service Ally

Franchise Fee: $49,900
Initial Investment: $70,050 - $96,400
Liquid cash Requirement: $50,000
Royalty Fee: 10% off franchise fee
Financing Available: Yes
Financing Details: TruBlue Home Service Ally

TruBlue Total House Care is a trusted company that offers reliable house care for seniors and busy families. Franchisees of this company mainly get to provide ongoing services, including follow-up work or subscriptions through their House Care Plus program.

These programs mainly include home safety assessments, senior home improvements, and modifications to ensure a safe living space for seniors. Franchisers also receive training programs to become certified in-home safety assessment experts..

18. Fresh Coat Painters

Franchise Fee: $49,900
Initial Investment: $81,150 - $120,250
Liquid cash Requirement: $50,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: Fresh Coat Painters

If you have a proper knowledge base on residential and commercial painting and want to start a franchise, go with the Fresh Coat Painters. With their headquarters located in the U.S., they have over 160 franchises across various countries.

The franchise even offers franchisees the ability to hire and manage a small team of painters, making it easier to grow their business. The company works with name-brand paint partners, so you won’t have to worry about stocking a lot of inventory.

19. Budget Blinds

Franchise Fee: $19,950
Initial Investment: $100,500 - $211,250
Liquid cash Requirement: $84,500 - $155,750
Royalty Fee: $1.25K-$2.5K/mo.
Financing Available: Yes
Financing Details: Budget Blinds

In 2023, the global window coverings market reached a valuation of USD 34.50 billion, with an expected growth rate of CAGR of 8.5% from 2024 to 2030. So, if you’re interested in investing in window coverings, window film, rugs, and accessories, Budget Blinds will be the next best choice for you.

Budget Blinds is a renowned company offering homeowners custom blinds, shutters, shades, and draperies. With over 30 years of experience, they offer an amazing business opportunity along with ongoing support and training to franchisees.

20. Wonderly Lights

Franchise Fee: $20,000
Initial Investment: $81,545 - $114,995
Liquid cash Requirement: $75,000
Royalty Fee: 10%
Financing Available: yes
Financing Details: Wonderly Lights

Wonderly Lights is a renowned light services provider that has expanded into over 5 U.S. markets. With a very minimal investment, it’s quite easy to start the business with them as a franchisee.

The company uses advanced app-based technology and provides excellent franchising options to worldwide entrepreneurs. That includes training, marketing help, and access to high-quality lighting products, all at a low cost and with minimal effort.

Senior care services

21. Always Best Care Senior Services

Franchise Fee: $49,900
Initial Investment: $89,725 - $145,900
Liquid cash Requirement: $100,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: Always Best Care Senior Services

Always Best Care Senior Services is one of the most profitable franchises in 2024, offering senior in-home health and nonmedical care. The company started its franchising journey in 2006 and now has more than 200 franchises across the United States and worldwide.

With a growing 65-and-older population in the United States, the demand for senior care is always on the rise. So, starting a franchising journey with such a renowned company will undoubtedly be worth it.

22. Golden Heart Senior Care

Franchise Fee: $45,000
Initial Investment: $68,925 - $96,750
Liquid cash Requirement: $100,000
Royalty Fee: 5%
Financing Available: yes
Financing Details: Golden Heart Senior Care

Renowned as at-home companion care, the Golden Heart Senior Care franchise is a golden opportunity for entrepreneurs looking for reliable business sources on non-medical home care, staffing, and assisted living placement.

You don’t need to have prior experience in health or senior services. With their special training program and job recruitment support and guidance, anyone new can build a successful business.

23. ComForCare

Franchise Fee: $29,500 - $59,000
Initial Investment: $72,975 - $163,925
Liquid cash Requirement: $50,000
Royalty Fee: 5%-7%
Financing Available: Yes
Financing Details: ComForCare

ComForCare is a renowned home care franchise that offers high-quality service to ensure seniors live their best. It makes the true difference in the living of the elderly and ailing. With the most exclusive programs like DementiaWise, franchisees can easily meet the unique needs of elderly clients. They also benefit from comprehensive training, marketing resources, and ongoing guidance.

24. Amada Senior Care

Franchise Fee: $55,000
Initial Investment: $116,765 - $278,040
Liquid cash Requirement: $150,000
Royalty Fee: 5%
Financing Available: Yes
Financing Details: Amada Senior Care

Joining Amada Senior Care as a franchisee can be a rewarding journey. They offer continuous training, support, and essential tools to make the process seamless. You can make a meaningful difference in people’s lives by building a successful franchise and partnering with Amada Senior Care.

25. Right Hand Senior Care

Franchise Fee: $39,500
Initial Investment: $83,050 - $138,800
Liquid cash Requirement: $50,000
Royalty Fee: 5%
Financing Available: Yes
Financing Details: Right Hand Senior Care

Right Hand Senior Care offers franchisees a supportive experience with the aim of quality in care homes. You can focus on your business growth while receiving comprehensive training, support, and marketing from Right Hand Senior Care. It’s an excellent choice for entrepreneurs who want to ensure business success and senior care.

Business services

26. Express Employment Professionals

Franchise Fee: $40,000
Initial Investment: $132,000 - $391,000
Liquid cash Requirement: $190,000
Royalty Fee: 8%
Financing Available: Yes
Financing Details: Express Employment Professionals

Express Employment Professionals is an ideal option offering comprehensive support and training programs. With the proven two-business model of Express, the franchisee can ensure profitability and grow their business.

All the marketing hardships here are also a breeze. You get help from the franchisee's teamwork, national media reach, and digital marketing channels for effortless business establishment.

27. Spherion Staffing & Recruiting

Franchise Fee: $30,000 - $40,000
Initial Investment: $214,325 - $342,575
Liquid cash Requirement: $215,000 - $400,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: Spherion Staffing & Recruiting

Renowned as the largest human resources and recruitment service, Spherion is dedicated to thriving careers and offering employment opportunities. It provides the franchisee with local experience and extensive resources to expand their reach and business growth.

28. FastSigns

Franchise Fee: $49,750
Initial Investment: $248,083 - $344,624
Liquid cash Requirement: $80,000
Royalty Fee: 3%-6%
Financing Available: Yes
Financing Details: FastSigns

Where the niche segment is highly competitive, the business uses innovative signage to connect its target customers. FastSigns offers a high standard of quality and care, standing out as a renowned graphic brand.

They provide extensive consultation, project management, design, and file transfer, as well as a full range of solutions. That’s what makes the FastSigns a good choice for the franchisee looking for the most profitable franchise in 2025.

29. Transworld Business Advisors

Franchise Fee: $64,500
Initial Investment: $96,705 - $122,465
Liquid cash Requirement: $100,000
Royalty Fee: 8%
Financing Available: Yes
Financing Details: Transworld Business Advisors

Transworld Business Advisors has been helping businesses to make deals for more than 40 years. They offer the franchisees business brokerage, franchise development services, consulting, mergers, and acquisitions.

Transworld business is the best choice for franchisees who are selling their business to find potential buyers.

30. Minuteman Press

Franchise Fee: $35,000 - $48,500
Initial Investment: $80,991 - $221,126
Royalty Fee: to 6%
Financing Available: Yes
Financing Details: Minuteman Press

Minuteman Press enables you to serve your community effectively with its main focus on maintaining low overhead costs. Your customers can select the products and services they require; then you’ll fulfill their orders accordingly. So, if you want to join the Minuteman Press, you just need to ensure you’re financially ready for the initial investment to successfully launch your business.

Recreation

31. Urban Air Adventure Park

Franchise Fee: $100,000
Initial Investment: $3,554,475 - $8,332,097
Liquid cash Requirement: $750,000 - $2,500,000
Royalty Fee: 7%
Financing Available: yes
Financing Details: Urban Air Adventure Park

Many entrepreneurs are looking for recreation franchise opportunities to start a business and truly stand out in the crowd. Urban Air Adventure Park is the most innovative adventure park in the U.S. and Canada. It offers franchises with a choose-your-own-adventure type of experience where they can choose recreation options based on their preferences.

Along with the training session, the company is always on the latest trends and exciting ideas. It helps franchisees to offer the newest adventures before anyone else.

32. Dream Vacations

Franchise Fee: $495 - $10,500
Initial Investment: $2,590 - $21,870
Liquid cash Requirement: $3,500
Royalty Fee: 1.5%-3%
Financing Available: Yes
Financing Details: Dream Vacations

As the name goes, the company is more likely a dream franchise for many entrepreneurs to start a business with them. It’s mainly one of the renowned business travel agencies specializing in offering deals to travel companies.

Franchisees can provide and offer vacation packages, hotel deals, travel insurance, and tours for individuals or groups using their unique system.

33. Cruise Planners

Franchise Fee: $695 - $10,995
Initial Investment: $1,945 - $20,465
Liquid cash Requirement:
Royalty Fee: 3%
Financing Available: yes
Financing Details: Cruise Planners

Cruise Planners is the most renowned travel agency franchise specializing in vacation planning and provides travel-related services, including cruises, land-based vacations, travel insurance, car rentals, and more.

Franchisees ready to commit to a travel-centric business can start with this company. The best part of this franchise is it provides no-limit business opportunities. You can run your business at any place and time you want.

34. Freedom Boat Club

Franchise Fee: $50,000
Initial Investment: $222,500 - $500,500
Liquid cash Requirement:
Royalty Fee: 6%
Financing Available: Yes
Financing Details: Freedom Boat Club

Are you looking for a premier boat club franchise? Go no further than Freedom Boat Club. Since its franchising journey in 2020, the company now has a strong global presence with over 215 locations in the U.S.

Just by signing up as a franchisee, you’re gaining access to their established guidelines, hands-on support, and the freedom to set your course. Over the years, they have built a loyal customer base, which saves you time and effort to start from scratch.

35. X-Golf

Franchise Fee: $35,000
Initial Investment: $993,500 - $1,939,500
Liquid cash Requirement: $100,000 - $200,000
Royalty Fee: 7%
Financing Available: Yes
Financing Details: X-Golf

X-Golf offers one of the world’s most advanced golf simulator technologies that provide golf enthusiasts with an amazing and unique experience. After beginning franchising in 2015, the company expanded itself to over 30 locations across the U.S.

Franchisees will benefit from the advanced technology, strong market demand, and comprehensive support, including training, site selection, and marketing.

Personal care services

36. Hello Sugar

Franchise Fee: $50,000
Initial Investment: $269,361 - $614,850
Liquid cash Requirement: $150,000- $250,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: Hello Sugar

Hello Sugar offers a tech-driven waxing salon franchise to worldwide entrepreneurs who are considering starting a waxing salon franchise! The company uses advanced techniques to make the franchisee's business operations easier. You’ll even get effective tools to manage your business and keep it growing.

With a strong support system under professionals, you’ll have a thriving personal care business in waxing.

37. Pure Fitness

Franchise Fee: $40,000 - $50,000
Initial Investment: $399,500 - $2,973,500
Liquid cash Requirement: $500,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: Pure Fitness

Pure Fitness is the most popular gym franchise, which makes it easy for entrepreneurs who are looking for a reputable company to start a fitness business. The company started its journey in 2001 and is now a growing leader throughout Europe. It’s even the second-largest gym franchise in Switzerland.

The franchise offers low-cost memberships with no long-term contracts that allow members to join and leave whenever they want. You’ll get access to state-of-the-art equipment and facilities from the company to offer your personal training services.

38. Great Clips

Franchise Fee: $20,000
Initial Investment: $182,950 - $414,400
Liquid cash Requirement: $75,000 - $250,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: Great Clips

If you’re looking for an effective franchise opportunity that ensures a repeat customer base, the haircutting and personal care industry is a great option to work with. For instance, you can start with the reputable Great Clips, which has over 700 franchisees and offers multiple franchises across the United States and Canada.

As a franchisee, you’ll get ongoing support, including marketing resources and training. Great Clips even helps you with everything from lease negotiations to grand openings to ensure your business is set up for success.

39. European Wax Center

Franchise Fee: $45,000
Initial Investment: $363,600 - $641,950
Liquid cash Requirement: $500,000
Royalty Fee: 6%
Financing Available: Yes
Financing Details: European Wax Center

European Wax Center is one of the most successful franchises that offers body waxing services, as well as skin and beauty products. With multiple locations, 65% of EWC franchise owners are getting revenue streams. Franchisees also have access to EWC's proprietary skincare products and pampering items, which ensures improved service offerings to their customers.

40. Boost Home Healthcare

Franchise Fee: $60,000
Initial Investment: $155,100 - $310,250
Liquid cash Requirement: $100,000
Royalty Fee: 5%
Financing Available: Yes
Financing Details: Boost Home Healthcare

Boost Home Healthcare service provides better care than hospital-level care at home. Franchisees get an amazing opportunity to help clients recover with comfort and compassion. The company offers franchise owners all the support they need.

So, even without having a lot of healthcare experience, you can provide services through special training and helpful resources.

Pets

41. Pet Supplies Plus

Franchise Fee: $49,900
Initial Investment: $498,320 - $1,978,605
Liquid cash Requirement: $300,000
Royalty Fee: 2%-3%
Financing Available: Yes
Financing Details: Pet Supplies Plus

Opening your own franchise with a world-class pet servicing company like Pet Supplies Plus means you’re absolutely in reliable hands. Pet lovers and aspiring business owners will get a robust business model for pet Supplies and services from the company. Though it’s based in Michigan, it has now grown into over 100 locations in various states.

Even if you’re new to this industry, you can directly contact the Franchise Development Director and get general insights to ensure higher profit margins.

42. Pet Wants

Franchise Fee: $48,500
Initial Investment: $137,850 - $219,000
Liquid cash Requirement: $50,000
Royalty Fee: 7%
Financing Available: Yes
Financing Details: Pet Wants

Pet Wants is one of the go-to franchise options where you can offer freshly made, all-natural pet food to your customers, which distinguishes it from many competitors. Starting from onboarding to strong business coaching to marketing strategies, you’ll have full access to everything you need to build a growing business model.

What truly sets it apart is its unique approach as part of Strategic Franchising Systems, which includes four other service-based brands, including The Growth Coach.

43. Dogtopia

Franchise Fee: $49,500
Initial Investment: $607,765 - $1,268,841
Liquid cash Requirement: $200,000
Royalty Fee: 7%
Financing Available: Yes
Financing Details: Dogtopia

If you’re truly a pet dog lover and want to thrive in providing pet-related services, we recommend you choose Dogtopia as one of the robust franchise solutions. Since its establishment in 2002, the company has gained a strong name by offering various services for pets.

This includes daycare, spa services, grooming, training, and boarding. With over 120 locations in the U.S. and Canada, the company is a part of the up to $60 billion dog daycare industry. Franchisees will benefit from a proven business model, strong brand recognition, and a growing demand for pet services.

44. Dog Training Elite

Franchise Fee: $59,000 - $110,000
Initial Investment: $173,550 - $203,250
Liquid cash Requirement: $120,000
Royalty Fee: 8%
Financing Available: Yes
Financing Details: Dog Training Elite

Dog Training Elite Franchise is more likely a rewarding opportunity for the entrepreneur who specializes in dog training programs. The company provides amazing training sessions to create better communication between dog and their owner.

Franchisees can choose whether to be hands-on trainers or have a team do the work. You don't need to be a pro in this service; rather, training sessions for franchisees will help you gain experience.

45. Petland

Franchise Fee: $50,000
Initial Investment: $313,000 - $1,078,000
Liquid cash Requirement: $150,000 - $500,000
Royalty Fee: 4.5%
Financing Available: Yes
Financing Details: Petland

Start your next successful pet business by offering world-class pet supplies, boarding, daycare, and grooming with the most renowned Petland franchise company. After its establishment in 1971, the company has more than 10 locations in the U.S. – with over 130 ones outside of it.

Along with the training programs to build relations between pet and owner, you’ll get the opportunity to offer 4,000 retail items and run a growing business.

Automotive

46. Snap-on Tools

Franchise Fee: $16,000
Initial Investment: $217,505 - $481,554
Liquid cash Requirement: $45,088 - $67,928
Royalty Fee: $145/month
Financing Available: Yes
Financing Details: Snap-on Tools

Snap-on Tools is a worldwide developer, distributor, manufacturer, and marketer of equipment and tools solutions. They offer over 19,000 high-quality products across 130+ countries to workers, contractors, and artisans. It has a strong franchise network of more than 400+ partners, and you can get exceptional support and premium solutions for the automotive industries and manufacturing.

47. Valvoline Instant Oil Change

Franchise Fee: $30,000
Initial Investment: $193,375 - $3,485,550
Liquid cash Requirement: $600,000
Royalty Fee: 4%-6%
Financing Available: yes
Financing Details: Valvoline Instant Oil Change

Valvoline Instant Oil Change is more likely a rewarding opportunity for entrepreneurs looking for a trusted brand to thrive in the automotive industry.

With recognition, streamlining operations, training programs, and overall support, this franchisor is redefining the success of franchises in this field. You can successfully enter the thriving automotive service industry with a reputable brand behind you.

48. Tommy's Express Car Wash

Franchise Fee: $50,000
Initial Investment: $4,916,776 - $9,267,763
Liquid cash Requirement: $1,500,000
Royalty Fee: 4%
Financing Available: yes
Financing Details: Tommy's Express Car Wash

If you’re one of those ideal franchisees who love to work outdoors, serve your community, and enter the automotive industry, Tommy's Express Car Wash can offer you that perfect opportunity.

You can start your automotive business modeled around exceptional customer services. Moreover, with Tommy’s Express, you can hope to get a more predictable outcome by opening a franchise.

49. Matco Tools

Franchise Fee: $10,000
Initial Investment: $107,476 - $340,059
Liquid cash Requirement: $10,000 - $13,500
Financing Available: Yes
Financing Details: Matco Tools

With Matco Tools, opening a franchise is not just about selling tools. You can offer exceptional automotive technician service and bring tools to them. It offers a golden opportunity for entrepreneurs looking at low-cost and mobile franchises. You won't need any storefront costs and can get the freedom to set the schedule. Matco Tools is the perfect option to serve customers in the automotive industry on the go.

50. Mac Tools

Franchise Fee: $8,000
Initial Investment: $121,320 - $344,275
Liquid cash Requirement: $20,000 - $35,000
Financing Available: yes
Financing Details: Mac Tools

Mac Tools offers impressive franchise options for those with dedication and strong people skills. They have built an unmatched reputation in quality and service with an extensive network of franchisees in the whole of North America.

You won’t require any prior experience with automotive tools to become a Mac Tools franchisee. Just partner with them and experience a thriving business in the automotive industry hassle-free!

Major factors to consider for choosing a profitable franchise

If you want to invest your hard-earned money, nothing will be better than franchising. However, it’s not like you’re picking any random company and letting all your investments go in vain. All you need to know is the right target and choose the best and most trustworthy company for your next franchising.

Find your interests and skills

To start a franchise business, you don't need to be an expert in everything. You need to define the sector you’re interested in and have a strong knowledge base to go with the flow. For instance, consider tasks you enjoy and don't find daunting.

If you’re new to this industry, you can search for businesses and franchises online, where business owners share their thoughts and ideas about their journey. From their ideas, you can easily explore various franchising options. Plus, your financial planning plays a big role here. As a franchisee, you should be ready for a substantial financial investment.

Do market research

Personally visit the local franchise outlets and talk to the owners about their experiences. Also, you can check out franchise handbooks, where you’ll get detailed information about different opportunities.

You should also check if there is too much competition in your area. For example, if there are already five pizza places nearby, opening another one might not be the best idea, and you might struggle to stand out.

Check Franchise Disclosure Documents (FDD)

A Franchise Disclosure Document (FDD) is a legal document from the franchisor to their potential franchisees before selling a franchise. It’s more likely to provide detailed information about the franchisor, how their business operates, fees charged by the franchisor, legal obligations, and initial conditions of the existing franchise.

It’s quite easy to find the FDD. Just contact the franchising company you want to investigate. They’ll provide you with the franchise form and a copy of their FDD. Most of the franchise FDDs are available online, allowing anyone to access and learn about the company.

Get a consultation from a franchise expert

Last but not least, don’t miss getting a professional suggestion from the franchise consultant. They’re most likely to provide unbiased advice and help you get a complete understanding of franchising. You’ll likely get the guidance to navigate the complex issues and ideas to thrive in the quickest possible time.

Some franchise experts even suggest top-notch firm companies after checking your financial capabilities. Look for seasoned and trustworthy franchise consulting companies that provide coaches and assistants. Most of the consultants have their expertise working in different industries. Make sure to check reviews before finalizing one.

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Frequently Asked Questions

What are the advantages of franchises?

One of the biggest advantages of the franchise is that you can start a business with a proven plan and a trusted name. Here, you will have full support, training, and marketing help from the mother company itself, which helps you grow with less effort.

How do you choose a franchise that is right for you?

When you’re choosing the franchise, consider things like the franchise's reputation, the market demand, and the ongoing support you’ll get. Also, think about your interests and skills to ensure that it's a right fit for you.

What is the strategy of the franchising business?

Franchising lets independent entrepreneurs run a business under a company’s brand and model. Franchisees pay fees to use their brand name and resources and follow the brand’s proven strategy to succeed.

Which industries are most likely to offer franchises?

The food service industry is most likely to franchise, especially quick-service restaurants like fast food chains and coffee shops. They have well-known brands and simple systems that are easy to copy.

Are there any risks with franchises?

Yes, there are risks with franchises, including financial, legal, and operational risks. You might need a lot of money to start, and the fees might not always be fair.

What is the most profitable location for a franchise?

The best location for a franchise is one with high foot traffic, good access to all major transports, and enough parking. Plus, it’d match your target customers and have little competition.

Which franchise is the easiest to get for beginners?

Some easy-to-get franchises for beginners include fast food chains, retail franchises, and home care agencies. You’ll likely get established business models, training programs, and sufficient business support from the company.

Can you buy a franchise with no experience?

Yes, definitely! You don’t need prior experience to run a franchise. Many franchises provide training and support to help you learn the business and succeed, even if you're new to it.

What is the potential income of a franchise owner?

The earning potential of a franchise owner depends on various factors, including industry, location, and individual business strategy. However, if you can successfully apply an accurate marketing plan and business strategies, a franchise owner can make as little as $39,000, which can go as high as $204,800 annually.

According to the recent Franchise Business Review’s 2023 report based on responses from over 35,000 franchise owners:

Franchise owners earn an average of $102,910 annually.
Business owners who have been open franchises for over two years have earned an average of $115,688 annually.
Franchisees who own 2-4 units see an average income of $142,638.
Plus, business owners with 5+ units have seen a significant increase, with an average income of $214,418.

Can franchising make you rich?

Owning a franchise can make you rich if you have proper planning and strong dedication, but it’s not guaranteed. Here are several factors that would influence your success:

Geographical Location: Choose a good location with high traffic and demand for your services. Then, you’ll have a great chance of reaching your target audience easily.
Number of Franchise Locations: Check out the franchises under the same brand in your area. It’s better to avoid if there is more than one franchise nearby. Too many franchises nearby can make it harder for you to get customers.
Your business experience: If you’ve run a business before, you’ll know how to make good decisions and solve problems. It increases your chances of implementing things correctly and handling reviews compared to beginners.
Franchise support: Some franchises give you a lot of support, from training to professional guidance. It can make your job easier and help you avoid mistakes.
Financial management: Managing money is super important. You need to keep track of how much money you’re making and spending. This is how you can save for the future and grow your business.

Is owning a franchise worth it?

According to the expert suggestion, franchisees need approximately 5-6 years with the prior 2-3 years of experience to grow their business. So before you head on such a long journey, it's wise to review the advantages and challenges you’re going to face on the path.

Pros

Business assistance: Through developing a new business, one has new assistance from the franchisor. Also, franchisees get the equipment, supplies, marketing tools, and proper advertising plans to operate a business.
Low failure rate: According to the data available, the success rate of the franchises is too high, with over 80% after the first years of business and 50% after 5 years. So you can see there is a very low risk of failure in the business.
Specialized training program: What makes the franchise truly stand out in the competitive market in the shortest possible time is the training sessions provided by the company. It helps newcomers adapt to the challenges easily and learn new things to grow faster.
Instant name recognition: By working under a renowned company, franchisees always get a name people trust and purchase their services and products conveniently. It’s like saving them from the struggle of building brand awareness from scratch and giving them a quick head start.
Access to higher increased buying power: Franchisors offer great benefits by providing inventory and equipment in bulk amounts for their franchisees. Franchisees get all the essentials that the company brand offers at reduced costs and save money.

Cons

Initial costly investment: Franchises often struggle with the higher upfront costs for investment. This is true if you’re looking for a reputed brand for franchising. Even some low-cost franchises demand thousands for initial investment.
Ongoing costs: The cost doesn’t end with the initial investment. You may need to pay ongoing costs, including royalty fees, marketing fees, and staff wages.
Reputation management issues: Even if your company runs smoothly, reputation and branding issues can affect your small business. This often leads to significant money loss and waste of time you put into your business.
Increased potential for legal disputes: When working with others to run your business, there’s always a chance for legal problems. Though a good franchise agreement can help avoid many issues, problems can still arise - costing you a lot of settlement money.