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50 Best Franchises in USA [Cost, Fees]

Do you want to start a business in USA by buying a successful franchise? If YES, here are 50 best profitable franchise opportunities in USA and their cost. Franchising is a business concept where a franchisee is contractually permitted to use the franchisor’s ideas and business model. In the United States, franchising has become a big deal.

In 2017, there were 745,290 franchise establishments in the United States. According to the IFA (International Franchise Association) almost 4% of all small businesses in the USA are franchises. In addition to this, there are more than 300 different industries and business categories that use the franchising business model as a means to distribute goods and services, and gain farther reach for themselves.

The most famous yet most lucrative U.S. based franchise is McDonald’s, bringing in just under 91 billion U.S. dollars in sales. Following McDonald’s was 7-Eleven, collecting 85 billion U.S. dollars in sales. Asides from these two franchises, there are other franchise businesses that have gained quite a lot of popularity in the United States. Some of these franchises include;

50 Best Franchise Opportunities in USA and Their Cost

  1. Culver’s

After working with his parents in their restaurants, Craig Culver decided it was time to open one for himself. In 1984, Culver, with the help of his wife Lea and parents George and Ruth, transformed the A&W his parents owned since the sixties into Culver’s Frozen Custard. Its founder’s family inspired the menu for the initial Sauk City, Wisconsin, restaurant.

When Culver’s mother made hamburgers, she would put a dab of butter on the crown of the hamburger buns before toasting them; something her children felt made them taste better. Today, employees at each Culver’s location use the same technique when making their ButterBurgers.

Culver’s has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable and payroll.

Financial Requirements

  • Initial Investment – $2,043,000 – $4,652,000
  • Liquid Cash Requirement – $350,000 – $600,000
  • Initial Franchise Fee – $55,000 – $55,000
  • Ongoing Royalty Fee – 4%
  • Ad Royalty Fee – 2.5%
  • Veteran Incentives – $10,000 off franchise fee
  1. Taco Bell

Taco Bell, operated by Yum! Brands, has made a significant name for itself as the largest taco and burrito chain in the world. The quick service restaurant franchise has grown to dominate the market for Mexican-inspired fast food through a strategy of low prices, creative promotions, constant menu experimentation, and, in recent years, its irreverent social media presence.

Taco Bell serves 42 million customers each week through 7,000 restaurants across the globe, approximately 90% of which are franchised. When Glen Bell first planted his seed in the food business with a hot dog stand in 1946, he could have never fathomed that he would be the future founder of a prosperous, global fast food chain.

His micro-business took a turn in 1954 when he opened three Taco-Tia stands with the idea of experimenting with alternative food items. Eventually, Bell sold the three of these to his business partners. He went on to open the first Taco Bell in Downey, California in 1962, his first franchised unit by 1964, and reached 100 locations just three years later.

Financial Requirements

  • Liquid capital required – $750,000
  • Net worth required- $1,500,000
  • Investment -$525,100 – $2,465,500
  • Franchise fee – $25,000 – $45,000
  • Royalty – 5.5%
  1. Dickey’s Barbecue Pit

Dickey’s Barbecue Pit first opened in 1941 and has since grown into the largest barbecue chain in the world. Dickey’s offers seven slow-smoked, Texas-style meats and a variety of savory sides, all served with a touch of southern hospitality.

Since 1941, Dickey’s has slow-smoked their meats overnight, every night to ensure its authentic flavor. The kitchen is an open concept where guests can see the meat being smoked and the sides being prepared. The restaurant also offers catering services.

Financial Requirements

  • Initial Investment – $289,939 – $421,244
  • Net-worth Requirement – $300,000
  • Liquid Cash Requirement – $100,000
  • Initial Franchise Fee – $20,000 – $20,000
  • Ongoing Royalty Fee – 5%
  • Ad Royalty Fee – 4%
  1. 7-Eleven

7-Eleven offers a tried and true business model that has allowed it to gain tremendous popularity in the United States. This company takes advantage of the latest industry technology, an easy application process and they have lots of room to grow.

The company has its origins in 1927 in Dallas, Texas, USA, when an employee of Southland Ice Company, Joe C. Thompson started selling milk, eggs and bread from an ice dock. Although small grocery stores and general merchandisers were present in the immediate area, the manager of the ice plant, Joe C. Thompson discovered that selling “convenience items” such as bread and milk was popular due to the ice’s natural ability to preserve the items.

This significantly cut back on people’s need to travel long distances to the grocery stores for basic items. Joe C. Thompson eventually bought the Southland Ice Company and turned it into the Southland Corporation which oversaw several locations which opened up in the Dallas area.

Initially, these stores were open from 7 a.m. to 11 p.m., hours that seemed strange back then, hence the name. The company began to use the 7-Eleven name in 1946. By 1952, 7-Eleven opened its 100th store. It was incorporated as The Southland Corporation in 1961.

Financial Information

  • Cash Investment: $100,000
  • Net Worth: $700,000
  • Franchise Fee: $75,000 – $600,000
  1. Sonic Drive-In

Sonic, another popular franchise in the United States, first opened in 1953 as Top Hat Drive-In in Shawnee, Oklahoma, with Troy Smith Sr. at the helm. He later partnered with Charlie Pappe and they began franchising in 1959, under the Sonic Drive-In name.

Sonic Drive-In is an American quick-serve restaurant franchise chain that serves carnival-like menu items such as hamburgers, French fries, onion rings, corn dogs and chili dogs, along with a highly customizable selection of both classic and contemporary beverage options.

Sonic competes within its market by offering a unique fast food experience that includes parking in a covered drive-in stall and ordering from a speaker, then being served by a carhop on roller skates. Drive-thru lanes are also an option at most locations.

Financial Requirements

  • Initial Investment – $865,000 – $3,641,300
  • Net-worth Requirement – $1,000,000 – $2,000,000
  • Liquid Cash Requirement – $500,000 – $1,000,000
  • Initial Franchise Fee – $45,000 – $45,000
  • Ongoing Royalty Fee – 2.45-5%
  • Ad Royalty Fee – 3.25-5%
  1. Planet Fitness

Planet Fitness is a chain of fitness centers targeted at new or occasional exercisers. Labeling itself a “judgment free zone”, this popular gym has rules to discourage hardcore body builders from frequenting its establishments in order to make casual exercisers feel more comfortable and less intimidated by serious exercisers.

The low gym fees also contribute to attracting a less serious crowd as exercisers who are unsure of their commitment level are more likely to enroll at a gym if the cost does not set them back too much.

Financial Requirements

  • Liquid capital required – $1,500,000
  • Net worth required – $3,000,000
  • Investment – $728,290 – $3,777,800
  • Franchise fee – $10,000
  1. Liberty Tax Service

Tax services cannot be mentioned in the United States without Liberty Tax Service coming up. The company has made a name for itself as far as tax services is concerned, not only in the United States but in other countries of the world through their online service.

In 1997, John Hewitt, founder of Jackson Hewitt Tax Service, acquired a tax company that had been franchising in Canada since 1973. The company changed its name to Liberty Tax Service and now offers franchises throughout the United States and Canada.

Liberty offers two guarantees: The maximum refund guarantee states that if customers file online with Liberty but get a bigger refund on the same return from a competitor, the preparation fees will be refunded. The accuracy guarantee states that if Liberty’s math is off resulting in any penalties or interest, the customer will be reimbursed for those.

Liberty also offers a changing mix of promotions such as a referral fee of $50 for each friend you send to Liberty that becomes a customer, a 50% offer where customers can switch to Liberty this year and pay just 50% of what they paid a competitor last year, and a free two-month trial of mileage tracking app MileIQ.

Financial Requirements

  • Initial Investment – $58,700 – $71,900
  • Initial Franchise Fee – $40,000 – $40,000
  • Ongoing Royalty Fee – 14%
  • Ad Royalty Fee – 5%
  1. Baskin Robbins

As a teenager in the 1930s, Irv Robbins managed an ice cream shop in Tacoma, Washington. Bored with serving traditional flavors like chocolate and vanilla, Robbins began experimenting by mixing fruit and candy into the ice cream.

After serving in World War II, Robbins bought an ice cream parlor in Glendale, California. Three years later, he convinced his brother-in-law, Burt Baskin, to join the business. The two men flipped a coin to see whose name would go first on the sign. Baskin won, and in 1945, Baskin-Robbins was born.

Today, Baskin-Robbins has locations in more than 50 countries, each serving the company’s famous 31 flavors of ice cream, as well as frozen yogurt, sherbet, cakes and drinks. Baskin-Robbins is part of Dunkin’ Brands Inc., which also franchises Dunkin’ Donuts.  Baskin-Robbins is a globally operating ice cream franchise known for having 31 flavor options at each location. In addition to traditional ice cream, the chain offers ice cream cakes for various occasions.

Financial Requirements

  • Initial Investment – $93,550 – $401,800
  • Net-worth Requirement – $250,000
  • Liquid Cash Requirement – $125,000
  • Initial Franchise Fee – $25,000 – $25,000
  • Ongoing Royalty Fee – 5.9%
  • Ad Royalty Fee – 5%
  1. Great Clips

Great Clips has earned its place in the United States salon franchise industry and it is still growing strong. Established in 1982, Great Clips started franchising in 1983 and now has more than 4,000 locations throughout the United States and Canada.

Usually located in strip malls, Great Clips hair salons are open evenings and weekends and do not require appointments. No hair-care experience is required for franchisees before they can start off on their own. Great Clips was started by Steve Lemmon and David Rubenzer in the early 1980s near the University of Minnesota campus in Minneapolis. Every location is open seven days a week for business.

Financial Requirements

  • Initial Investment – $136,900 – $258,250
  • Net-worth Requirement – $300,000
  • Liquid Cash Requirement – $50,000 – $150,000
  • Initial Franchise Fee – $20,000
  • Ongoing Royalty Fee – 6%
  • Ad Royalty Fee – 5%
  1. Domino’s

Domino’s Pizza is the second largest pizza chain in the country with shops in every single state. Customers are able to receive their pizzas via delivery or by picking it up at the nearby store. Beyond its traditional style of pizza, Domino’s also sells deep dish, thin crust, and “Brooklyn Style” (aka New York style) pizza.

Domino’s entices customers with a variety of toppings and coupons so customers can secure a meal at a reasonable price. In recent years, Domino’s has branched out from just selling pizza to bread sticks, buffalo wings, pastas, sandwiches and desserts as well.

Financial Requirements

  • Liquid capital required – $75,000
  • Net worth required – $250,000
  • Investment – $119,950 – $461,700
  • Franchise fee – $25,000
  1. Massage Envy

Massage Envy got its start in 2002 with the aim of making massage services more affordable with a membership-based business model. In 2009, the company expanded its services to offer facials and other spa services in many of its locations as well.

The original and largest massage and luxury spa franchise in the world, Massage Envy provides affordable and convenient Total Body Care services, including massage, stretching, facials, and other rejuvenating skincare treatments. Massage Envy stores boast of a success rate of over 99%, with exceptional cash flows and the highest average per-location revenue in the industry.

Financial Requirements

  • Initial Investment – $453,323 – $1,059,000
  • Net-worth Requirement – $500,000
  • Liquid Cash Requirement – $150,000
  • Initial Franchise Fee – $45,000 – $45,000
  • Ongoing Royalty Fee – 6%
  • Ad Royalty Fee – 6%
  • Veteran Incentives – 20% off franchise fee
  1. Dunkin Donuts

This is one of the most popular coffee chains around the world. Since it was founded in 1950, Dunkin’ Donuts has become the automatic morning stop for millions of coffee and doughnut lovers in America and around the world, with more than 10,000 shops in the U.S. and more than 32 other countries.

Though it started out and built its reputation on great doughnuts and fine coffee, Dunkin’ Donuts has become much more than that in its 60-plus years, having expanded its menu to delicious muffins, bagels and croissants, and even lunchtime fare that includes filling sandwiches.

Financial requirements

  • Liquid capital required: $125,000
  • Net worth required: $250,000
  • Investment: $217,300 – $1,637,700
  • Franchise fee: $40,000
  1. JAN-PRO

JAN-PRO has come in as one of the most popular commercial cleaning franchises in the United States. The company offers customized commercial cleaning plans delivered by janitorial cleaners who are franchise owner-operators, not hourly employees.

The company’s backpack vacuums have quality filtration standards that help to deep clean while enhancing indoor air quality. They equally utilize color-coded microfiber cleaning cloths that eliminate the transfer of germs from one area to another.

Founded in 1991 and franchising since 1992, JAN-PRO offers both master and single-unit franchises. The number of its locations has been steadily climbing over the past seven years from 7,084 in 2011 to the current total of 8,790, none of which are company-owned and 1,381 of which are located outside the U.S.

Financial requirements

  • Franchise fee: $1,000
  • Investment: $5,000 – $60,000
  • Net worth required: $50,000
  1. The Maids Home Service Franchises

The Maids Home Service offers house cleaning for those who either do not have time or simply choose to let others do it for them. Teams of four women travel together for efficiency and speed when cleaning a residence. The Maid Home Service started franchising in 1981 and now has over 1,000 franchises in the US, and 32 in Canada. Franchisees may own more than one unit and they are not required to participate in the business.

Financial Requirements

  • Initial Investment – $63,300 – $141,200
  • Net-worth Requirement – $250,000
  • Liquid Cash Requirement – $60,000
  • Initial Franchise Fee – $12,500 – $12,500
  • Ongoing Royalty Fee – 6.9-3.9%
  • Ad Royalty Fee – 2%
  1. RE/MAX

RE/MAX, known for its signature hot air balloon fleet, is the largest and most popular real estate network by count of open units and active agents. RE/MAX has become a global leader not just in terms of real estate franchises, but franchises overall.

Dave and Gail Liniger founded the company in Denver, Colorado, back in the early 1970s with an agent-centric model where the agents are in charge of their own business but they have to share office expenses. Now the company boasts of more than 120,000 agents in more than 100 countries around the world. In fact, nobody sells more real estate than RE/MAX as measured by total residential sales transactions.

Founded in 1973 and franchising since 1975, the number of locations has climbed steadily in recent years from 6,227 in 2012 to the current total of 7,985, none of which are company-owned and 4,208 of which are located outside the U.S.

Financial Requirements

  • Initial Investment – $40,000 – $230,500
  • Liquid Cash Requirement – $35,000
  • Initial Franchise Fee – $17,500 – $35,000
  1. Caring Transitions

Caring Transitions franchisees offer a range of services, including decluttering, downsizing, document organization, estate sales, online auctions, total household liquidations, and senior relocation and resettling. The majority of their clients are seniors and their families, but the company also serves empty nesters and individuals facing a major transition in their lives, such as death, divorce or downsizing.

For the past 14 years, Caring Transitions owners have eased the stress of seniors and their families and kept their best interests in mind when providing them with a total solution. With a low initial investment, exploding markets, three major revenue streams, a trusted name, and in-depth training from their Strategic Franchising team, anybody can succeed as a Caring Transitions owner.

Financial Requirements

  • Initial Investment – $58,912 – $82,712
  • Liquid Cash Requirement – $50,000
  • Initial Franchise Fee – $44,900 – $44,900
  • Ongoing Royalty Fee – 5%
  • Ad Royalty Fee – 2%
  1. Healthier 4U Vending

Healthier 4U Vending is the premier delivery system for healthier eating choices for people on the go. With several different levels of investment available, you can become an independent owner/operator of these artfully nationally branded machines right from your home.

Healthier 4U Vending goes further to make setting up the business easy for you. They not provide you with the machines and a business model, they also provide you with a selection of actual locations for you to place your vending machines.

Financial requirements

  • Minimum Cash Required: $30,000
  • Investment – $30,000
  1. Dream Vacations

Dream Vacations is another popular but low cost franchise that offers travel agency services that you can run out of your home. They boast of award winning training that would enable startups to get running with ease. As an added bonus, they offer heavily discounted trips and vacations to their franchise owners so they can get to know the experiences they are selling.

Financial requirements

  • Franchise Fee: $495 to $9,800
  • Initial Investment: $3,245 to $21,850
  1. Decorating Den Interiors

Decorating Den Interiors is a home decor business that is selling franchise in the United State. The company has more than 45 years’ experience helping people turn their decorating passion into a thriving business. Decorating Den Interiors brings interior decorating to people’s doors and is always on the lookout for Franchise Partners.

People with a passion for interior decorating and who are serious about starting a rewarding business in decorating can apply to become a franchisee of Decorating Den Interiors.

Financial requirements

  • Liquid capital required – $50,000
  • Net worth required – $100,000
  • Investment – $58,000 – $78,000
  • Franchise fee – $39,900
  1. DreamMaker Bath & Kitchen

DreamMaker Bath & Kitchen offer quality and professional remodelling services for bathrooms and kitchens across America. A system to put a hard surface topcoat on porcelain bathtubs and sinks became the foundation of the company that one day would become known as DreamMaker Bath & Kitchen. Under The Dwyer Group umbrella, the company grew nationally as Worldwide Refinishing Systems Inc.

As the company focused more and more on remodeling kitchens and bathrooms, and it became known as DreamMaker in 1999. When DreamMaker President and CSO Doug Dwyer bought the company from his family in 2003, the company expanded its services, moving beyond resurfacing and refinishing to become a full-service interior remodeling company.

The organization offers remodelling franchises for individuals looking to start their own business in a lucrative and sought-after market. DreamMaker Bath & Kitchen franchises allow businesses to grow into full interior remodelling companies. The ideal franchisee is required to have ambition and an interest in interior design and remodelling.

Financial Requirements

  • Initial Investment – $133,350 – $321,225
  • Net-worth Requirement – $350,000 – $400,000
  • Liquid Cash Requirement – $135,000 – $150,000
  • Initial Franchise Fee – $37,000 – $44,000
  • Ongoing Royalty Fee – 7-3%
  • Ad Royalty Fee – 2-1%

21. Archadeck

Archadeck is a North American deck and porch builder franchise. The company provides an incredible opportunity in the ever-growing outdoor living spaces marketplace. As more homeowners extend their living space outdoors, the need for professional, functional and artfully designed decks, sunrooms, screened porches and outdoor kitchens is at an all-time high.

The first Archadeck office opened in Richmond, Virginia, in 1980, specializing in designing and building decks, screened porches, sunrooms, gazebos and other outdoor structures. In 1985 the second office opened, the beginning of a chain serving homeowners and builders throughout the United States, Japan and the united kingdom.

Financial Requirements

  • Initial Investment – $38,825 – $103,550
  • Net-worth Requirement –  $100,000
  • Liquid Cash Requirement – $80,000
  • Initial Franchise Fee – $12,375 – $49,500
  • Ongoing Royalty Fee – 3-6%
  • Ad Royalty Fee – 1.5%
  1. Closets By Design 

Since 1982, Closets By Design has been installing custom closets, garage organizers, entertainment centers and home office systems. Franchisees manufacture all products and handle installation. All Closets By Design franchisees are owner/operators.

Closets By Design started franchising since 1998, about 21 years ago and they have their corporate head office at 13272 Garden Grove Blvd. Garden Grove, CA 92843. The current CEO of the company is Jerry Egner and Home Organizers is the Parent Company. They are seeking new franchise units throughout the United States of America and Canada.

Financial Requirements

  • Initial Investment – $152,000 – $378,000
  • Net-worth Requirement – $500,000
  • Liquid Cash Requirement – $200,000
  • Initial Franchise Fee – $20,000 – $20,000
  • Ongoing Royalty Fee – 6.75%
  • Ad Royalty Fee – 2.25%
  1. Sport Clips

One of the most popular hair care salon franchises in the United States is Sports Clips. Gordon Logan, founder and CEO of Sport Clips, conceived the Sport Clips idea in 1993 when he thought about giving hair cuts in a fun atmosphere, and opened its first franchised store in Houston two years later.

Designed to target a previously underserved market, Sport Clips caters to men and boys by providing hassle-free hairstyling in a sports-themed environment. Taking a cue from the rising popularity of sports bars back in the early 1990s, his concept injects the love of sports into the haircut experience. The company began franchising in 1995.

Financial Requirements

  • Initial Investment – $224,800 – $373,300
  • Net-worth Requirement – $400,000
  • Liquid Cash Requirement – $200,000
  • Initial Franchise Fee – $25,000 – $59,500
  • Ongoing Royalty Fee – 6%
  • Ad Royalty Fee – 5%
  1. Snip-its

Snip-its, a popular children hair cut franchise, got its start in the mid-1990s when Joanna Meiseles saw the sub-par approach most salons took to giving kids haircuts. She created a salon concept for kids that was truly fun and entertaining for them.

The chain has its own cartoon characters in various games and stories, a Magic Box that dispenses a prize in exchange for a swatch of hair at the end of a visit, and its own all-natural line of hair care products specially formulated just for kids. An additional revenue stream comes in the form of hosting birthday parties that include hair styling and dress-up costumes.

Founded in 1995 and franchising since 2003, the number of locations has held steady in recent years and currently stands at 64, of which two are company-owned and all of which are located in the U.S.

Financial Requirements

  • Initial Investment – $144,770 – $249,000
  • Net-worth Requirement – $500,000
  • Liquid Cash Requirement – $100,000
  • Initial Franchise Fee – $20,000 – $35,000
  • Ongoing Royalty Fee – 6%
  • Ad Royalty Fee – 2%
  1. Hampton by Hilton Hotels

Hampton Hotels, aka Hampton Inn & Suites, is routinely recognized as one of the best, popular and fastest-growing franchises available. The company is a chain of moderately priced hotels. Currently, Hampton Hotels has nearly 2,000 locations, the vast majority of which are in the United States and owned by franchisees, although a handful are international and/or owned by the company.

One of the hotels signature amenities is a suite, which has two bedrooms joined by a living room and kitchen area. Customers also enjoy the complimentary hot breakfast, fresh coffee, rate discounts, available meeting space for business travelers, free internet accessibility, and exercise rooms.

Financial Requirements

  • Liquid capital required: $3,750,000
  • Investment: $3,745,500 – $13,114,000
  • Franchise fee: $65,000
  1. Supercuts

In 1975, Frank Emmett and Geoffrey Rappaport opened the first Supercuts in Albany, California, as an alternative to both high-fashion salons and neighborhood barbershops. They developed a hair-cutting technique that took only 20 minutes so that they could offer quick and inexpensive haircuts without appointments to the neighborhood.

They also allow their customers to pick and choose which services they wanted, in order to tailor their experience to their desires and budgets. With this standardized business model in place, the men began franchising in 1979, and their stores soon spread throughout the U.S.

In 1996, Supercuts was acquired by Regis Corp., which also franchises City Looks, Cost Cutters Family Hair Care and Pro-Cuts in the U.S., and Magicuts and First Choice Haircutters in Canada.

Financial Requirements

  • Initial Investment – $144,370 – $297,020
  • Net-worth Requirement – $500,000
  • Liquid Cash Requirement – $150,000
  • Initial Franchise Fee – $29,500
  • Ongoing Royalty Fee – 6%
  • Ad Royalty Fee – 5%
  1. Soccer shots

This is a popular sports and recreation franchise that specializes in little children in soccer. If you are interested in sports, then this is a franchise that can appeal to you. According to their website, to operate this franchise, you can simply recruit coaches, build relationship with parents and schools, host a free soccer day, enroll children and then deliver the experience. This business would not interfere much with your routine.

Financial requirements

  • Liquid capital required – $38,000
  • Net worth required – $38,000
  • Investment – $41,034 – $53,950
  • Franchise fee – $34,500
  • Royalty – 7.0%
  1. Wingstop

Wingstop landed on the scene in 1994 with the idea of serving the ultimate buffalo-style chicken wings and to provide quality products with superior service at an exceptional value. An immediate hit, they began offering franchises in 1997 in response to the growing interest from entrepreneurs wanting to open their own Wingstop restaurant.

Today, more than 450 restaurants are open or under development in 26 states and continue to add new stores at a rate of almost 30 percent annually.

Financial requirements

Liquid Capital Required: $204,000 – $335,000

  1. Pearle Vision

In 1961, Dr. Stanley Pearle began the concept of one-stop, total eye care with the opening of the Pearle Vision Center in Savannah, Georgia. There, he combined complete eye exams with an extensive selection of eyewear. Then, in 1981, Pearle Vision began offering franchises to select doctors and opticians. Today, Pearle Vision is owned by Luxottica.

Pearle Vision’s retail outlets offer eye exams, glasses, sunglasses, contact lenses, and optical accessories. Its 840 locations in the US, Canada, Puerto Rico, and the Caribbean are split evenly between company-owned stores and franchises.

Financial Requirements

  • Initial Investment – $399,439 – $603,904
  • Net-worth Requirement – $300,000
  • Liquid Cash Requirement – $100,000
  • Initial Franchise Fee – $30,000 – $30,000
  • Ongoing Royalty Fee – 7%
  • Ad Royalty Fee – 8%
  1. Jersey Mike’s Subs

Yet another very profitable franchise in the United States is Jersey Mike’s Subs, with the business named the USA’s fastest-growing franchise in 2016, with the number of their franchises having doubled in a decade.

Jersey Mike’s Subs is a submarine sandwich restaurant chain that prepares subs made to order, slicing meats and cheeses as needed, with an emphasis on Italian meats, but also American meats and cheeses. The first Jersey Mike’s Super Sub was created in Point Pleasant, New Jersey, on the Jersey Shore in 1956.

Peter Cancro started working in the submarine sandwich business when he was 14 years old. At the age of 17, before state law allowed him to operate a slicing machine, Cancro bought the original Jersey Mike’s location.

Financial Requirements

  • Initial Investment – $237,419 – $766,971
  • Net-worth Requirement – $300,000
  • Liquid Cash Requirement – $100,000
  • Initial Franchise Fee – $18,500 – $18,500
  • Ongoing Royalty Fee – 6.5%
  • Ad Royalty Fee – 1%
  1. Orangetheory Fitness

Orangetheory Fitness studios offer trainer-led group workout sessions, which are broken into intervals of cardiovascular and strength training. Equipment used in the classes includes treadmills, rowing machines and free weights.

Each participant also wears a heart-rate monitor, and their heart rate is displayed on screens during the workout. The company has been franchising since 2010. Orangetheory Fitness has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment, inventory, accounts receivable and payroll.

Financial Requirements

  • Initial Investment – $563,529 – $999,121
  • Net-worth Requirement – $500,000
  • Liquid Cash Requirement – $150,000
  • Initial Franchise Fee – $59,950 – $59,950
  • Ongoing Royalty Fee – 8%
  • Ad Royalty Fee – 2%
  1. Mosquito Joe

Mosquito Joe franchisees offer commercial and residential mosquito-control services. Technicians apply a spray that kills mosquitoes, fleas, ticks and some flies on contact and continues to repel them for 21 days. This is a popular franchise business in the USA.

An alternative all-natural spray effective for 14 days is also available. For a more permanent solution, the company also offers installation of automatic misting systems. Mosquito Joe offers in-house financing to cover accounts receivable, and the company has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment and inventory.

Financial Requirements

  • Initial Investment – $90,600 – $135,500
  • Net-worth Requirement – $250,000
  • Liquid Cash Requirement – $50,000
  • Initial Franchise Fee – $30,000 – $30,000
  • Ongoing Royalty Fee – 10%
  • Ad Royalty Fee – 2%
  • Veteran Incentives – $6,000 off franchise fee
  1. Krispy Kreme

As an internationally recognized doughnut chain store, Krispy Kreme has been satisfying the taste-buds of many for 75 years. Offering a wide range of classical doughnuts and seasonal varieties alongside beverages and icy treats, it is their traditional warm glazed doughnut that has defined them for many years.

Today Krispy Kreme Doughnuts are sold in store locations as well as supermarkets (like Wal-Mart and Target), gas stations and convenience stores throughout the United States as well as in Canada (Loblaws supermarkets and Petro-Canada gas stations), Australia’s BP Service Stations and BP Travel Centers, and the UK’s Tesco supermarkets, Tesco Extra alongside many other service stations as well as in Hong Kong, Indonesia, Japan, Kuwait, Mexico, the Philippines, Republic of South Korea and United Arab Emirates.

Financial Requirements

  • Liquid capital required – $300,000
  • Net worth required  – $2,000,000
  • Investment – $275,000 – $1,911,250
  • Franchise fee – $25,000
  1. Anytime Fitness

Anytime Fitness clubs are open 24 hours a day every day of the year, thanks to security systems that allow members to access the clubs during unstaffed hours. The company which began franchising in 2002, is expanding worldwide. Anytime Fitness has relationships with third-party sources which offer financing to cover
franchise fee, startup costs, equipment, inventory, accounts receivable and payroll.

Financial Requirements

  • Initial Investment – $78,012 – $521,437
  • Net-worth Requirement – $300,000
  • Liquid Cash Requirement – $100,000
  • Initial Franchise Fee – $21,000 – $42,500
  • Ongoing Royalty Fee – $449-$549/mo.
  • Ad Royalty Fee – $300/mo.
  • Veteran Incentives – 20% off franchise fee
  1. Kumon Math & Reading Centers

High school math teacher Toru Kumon developed the Kumon method of learning more than 50 years ago in Japan when his son was struggling with second-grade arithmetic. Realizing that a strong foundation in the basics–addition, subtraction, multiplication and division–was essential for higher-level math, Kumon created a series of math worksheets for his son to work on after school.

With daily practice, Kumon’s son gradually expanded his mastery of mathematical skills and by sixth grade was able to solve differential equations and integral calculus problems. Today, at locations throughout North America, Kumon franchisees apply this method of daily practice and self-paced advancement to children’s math and reading skills.

Financial Requirements

  • Initial Investment – $73,373 – $154,825
  • Net-worth Requirement – $150,000
  • Liquid Cash Requirement – $70,000
  • Initial Franchise Fee – $1,000 – $1,000
  • Ongoing Royalty Fee – $34-$38/student/mo.
  • Veteran Incentives – $10,000 toward build-out/grand-opening costs
  1. The UPS Store

The first Mail Boxes Etc. store was opened in Carlsbad, California by Gerald Aul, Pat Senn and Robert Diaz, who designed it as an alternative to the U.S. Postal Service. In 2001, Mail Boxes Etc. became a subsidiary of UPS and began re-branding as The UPS Store in 2003.

The UPS Store locations provide packaging, shipping, copy and print services, mailbox services, computer time rentals and more for small businesses and individuals. Franchises are located throughout the United States and in Canada. UPS is one of the most popular parcel services in the world today.

Financial Requirements

  • Initial Investment – $168,885 – $398,323
  • Liquid Cash Requirement – $60,000 – $100,000
  • Initial Franchise Fee – $29,950 – $29,950
  • Ongoing Royalty Fee – 5%
  • Ad Royalty Fee – 2.5%
  1. Dairy Queen

Dairy Queen, now often known as DQ, is one of America’s most iconic quick-serve restaurant brands. Dairy Queen built its reputation on its famous soft-serve ice cream, but long ago expanded to a full menu of restaurant delights, including burgers, chicken strips and sandwiches and fries.

Ice cream manufacturer J.F. McCullough was experimenting with a recipe for a new frozen dairy product, stemming from his belief that ice cream tasted better when it was soft and served fresh from the freezer, not frozen solid. With his recipe perfected, McCullough and his son, Alex, convinced one of their customers to hold an introductory sale of the new soft ice cream, and more than 1,600 people showed up to try it.

Based on that initial success, the McCulloughs opened the first Dairy Queen location in 1940 in Joliet, Illinois. The first stores sold only soft-serve ice cream–in sundaes, take-home pints and quarts, and cones–but over the years, a variety of ice cream treats were added to the menu, such as banana splits and Dilly Bars.

Financial Requirements

  • Initial Investment – $1,090,225 – $1,849,525
  • Net-worth Requirement – $750,000
  • Liquid Cash Requirement – $400,000
  • Initial Franchise Fee – $35,000 – $35,000
  • Ongoing Royalty Fee – 4%
  • Ad Royalty Fee – 5-6%
  1. McDonald’s

McDonald’s restaurants are among the most identifiable brands in the entire world. The McDonald’s Golden Arches logo has become one of the most ubiquitous marketing symbols ever. Happy Meals, McDonald’s French fries, chicken McNuggets, the Big Mac, etc, have become their signature.

McDonald’s has led the way in the innovation of fast-food trends one after another. Since 1940 when McDonald’s Corporation first opened as a barbecue restaurant, then a hamburger stand, it has grown into the largest chain of hamburger fast-food restaurants on the planet, serving some 68 million customers every day in 119 countries.

Financial Requirements

  • Liquid capital required: $750,000
  • Investment: $989,352 – $2,217,045
  • Franchise fee: $45,000
  • Units in operation: 33,517
  1. Pizza Hut

Pizza Hut is a leading American restaurant chain. Though pizza is unsurprisingly the most ordered food item on the menu, the menu also features a wide selection of pasta, wings, sides, desserts, drinks, and calzones. Customers love Pizza Hut’s reliable quality and prices, and the brand has established quite a reputation for itself as a result.

Pizza Hut has two main restaurant designs: original dine-in locations and storefronts that offer only delivery and carryout items. Frank and Dan Carney founded Pizza Hut in Wichita, Kansas in 1958. Since this time, Pizza Hut has grown exponentially. The restaurant chain now has over 6,000 restaurants in the United States, plus another 5000-something abroad in nearly 100 other countries.

Financial Requirements

  • Liquid capital required – $350,000
  • Net worth required – $700,000
  • Investment – $297,000 – $2,109,000
  • Franchise fee – $25,000
  1. KFC

Crispy, tasty fried chicken was what KFC is all about, but the world’s largest quick-service chicken restaurant brand has become about more than just chicken over time. Founded as Kentucky Fried Chicken, KFC is known for its staple menu items of fried chicken pieces in a variety of styles.

But the menu has expanded to include wraps, salads, and sandwiches. And as always, the delectable side dishes like mashed potatoes and gravy, coleslaw and corn go perfectly with a KFC bucket of chicken. In its many restaurants outside the United States, KFC also offers beef and pork products such as hamburgers, kebabs, poutine, ribs and others.

Financial Requirements

  • Liquid capital required – $750,000
  • Net worth required – $1,500,000
  • Investment – $1,262,800 – $2,543,000
  • Franchise fee – $45,000
  1. College Nannies, Sitters and Tutors

In the summer of 2000, business school student Joseph Keeley took a job as a nanny in Edina, Minnesota. He recognized a need for a service to connect parents with safe and reliable nannies and tutors, so he created College Nannies & Tutors in 2001 to help match families with college students, graduates and teachers. Based in Wayzata, Minnesota, the company began franchising in 2005.

College Nannies, Sitters and Tutors offers in-house financing to cover just the franchise fee, and the company has relationships with third-party sources which offer financing to cover startup costs, equipment, inventory, accounts receivable, payroll

Financial Requirements

  • Initial Investment – $105,000 – $173,000
  • Net-worth Requirement – $500,000
  • Liquid Cash Requirement = $60,000
  • Initial Franchise Fee – $45,000 – $45,000
  • Ongoing Royalty Fee – 5%
  • Ad Royalty Fee – 2%
  1. GNC Franchising

In 1935, David Shakarian started a health-food store in Pittsburgh called Lackzoom. It specialized in yogurt (which his father had helped introduce to the U.S.), but also carried health-food products such as honey and grains. Beginning with $35 in receipts his first day, Shakarian expanded to six Pittsburgh-area stores in five years.

As more people became interested in natural foods and better nutrition, Shakarian opened stores in other states and changed the company’s name to General Nutrition Centers (GNC). GNC also began producing its own vitamin and mineral supplements, foods, drinks and cosmetics. They started franchising in 1988. With company and franchised stores throughout the U.S. and worldwide, GNC now focuses on vitamins and nutritional supplements.

Financial Requirements

  • Initial Investment: $188,187 – $467,983
  • Net-worth Requirement: $330,000 – $1,000,000
  • Liquid Cash Requirement: $130,000 – $1,000,000
  • Initial Franchise Fee: $40,000 – $40,000
  1. N-Hance wood refininshing

N-Hance is a wood refinishing franchise that uses a proprietary refinishing process and product line that requires no sanding and uses an instant-curing U.V. process for hardwood floors and kitchen cabinets.

N-Hance was started by HRI, the company behind Chem-Dry Carpet Cleaning. In the early 2000s, many Chem-Dry franchise owners began to notice their technicians were walking across thousands of damaged wood floors. N-Hance franchises began as a separate business to refinish hardwood floors and they have grown to include refinishing cabinetry, furniture and trim work.

N-Hance, the world’s largest Wood Refinishing franchise, uses proprietary solutions and refinishing techniques to restore the natural beauty of hardwood floors, cabinets and doors – at a more affordable cost and in a fraction of the time of traditional remodels.

Financial Requirements

  • Initial Investment – $49,913 – $153,179
  • Liquid Cash Requirement – $50,000
  • Initial Franchise Fee – $9,413 – $42,179
  • Ongoing Royalty Fee – $346-$692/mo.
  • Ad Royalty Fee – $200/mo.
  • Veteran Incentives – 10% off initial down payment on franchise fee
  1. Sirius Day Spa

Sirius Day Spa was created in response to the rapidly growing $17 billion luxury Day Spa industry. Unlike many of its single-service competitors, Sirius Day Spa provides a wide variety of services under one roof and for one monthly membership price. This means customers come to Sirius for all their Day Spa services – not just one.

Sirius Day Spa aspires to bring the luxury day spa experience to the masses with massage, wax, lash, facials, manicure/pedicure, a blow dry bar, a Serenity Lounge and much more, all in one convenient, luxurious location. Sirius Day Spa is a national day spa franchise brought to you by the founders of some of the most successful health, wellness and beauty brands of the last decade.

Financial Requirements

  • Initial Investment – $410,275 – $764,775
  • Net-worth Requirement – $400,000
  • Liquid Cash Requirement  – $150,000
  • Initial Franchise Fee  – $39,000 – $39,000
  • Ongoing Royalty Fee – 7%
  • Ad Royalty Fee – 1%
  • Veteran Incentives – 10% off franchise fee
  1. Cousins Maine Lobster

Cousins Maine lobster is one of the highest quality Maine lobster and seafood restaurants in both a food truck and a fast casual storefront business model.

These are real cousins with a passion for the sweet, delicious Maine lobster they grew up eating. The duo started selling lobster rolls out of a single truck in the spring of 2012. After a lot of hard work (and a good amount of fun) they now have a fleet of trucks and several franchise commitments throughout the United States.

Cousins Maine Lobster serves wild caught, sustainably harvested, 100% premium lobster from the finest waters in the world – the coast of Maine.

The company is looking for motivated, experienced business people to help them expand their brand of Maine lobster around the world. They are seeking franchisees who are committed to the brand, offering the highest quality food in a family-friendly environment with outstanding customer and catering service.

Financial Requirements

  • Initial Investment – $145,900 to $786,700
  • Net-Worth Requirement – $200,000
  • Liquid Cash Requirement – $100,000
  • Total Investment – $145,900 to $786,700
  1. National Property Inspections

National Property Inspections, Inc. is North America’s premier home and commercial inspection franchise. Founded by Roland Bates in 1987, National Property Inspections Inc. (NPI) provides commercial and residential inspections, as well as government, insurance and corporate relocation inspections. NPI is the only property inspection franchisor that offers commercial inspection training and truly exclusive territories with no catches or hidden fees.

If you are interested in building your own business, expanding your current skill sets or starting a completely new profession, National Property Inspections offers the opportunity for a bright future. With 30 years of experience and hundreds of successful franchises across the U.S. and Canada, NPI is an internationally recognized brand with a proven track record.

Their turn-key franchise system offers the tools, training and support you need to rise to the top in the property inspection industry.

Financial Requirements

  • Initial Investment – $40,700 – $43,000
  • Liquid Cash Requirement – $43,400 – $47,100
  • Initial Franchise Fee – $34,900 – $34,900
  • Ongoing Royalty Fee – 8%
  1. Furniture Medic

Joseph Lunsford wasn’t looking to start a business when he moved into a new home and realized that several pieces of his furniture had been damaged in transit. This what what made him to start thinking of a business in that line. Lunsford founded Furniture Medic in 1992 in response to his dissatisfaction with the long turnaround time that was common with most refurnishing shops. In 1996, Furniture Medic was acquired by ServiceMaster.

The largest furniture and wood repair and restoration company in the world, Furniture Medic offers unique products and processes which enable work to be performed on-site, reducing costs and saving time for residential and commercial customers.

Financial Requirements

  • Initial Investment – $80,355 – $90,732
  • Net-worth Requirement – $100,000
  • Liquid Cash Requirement – $25,000
  • Initial Franchise Fee – $33,000 – $33,000
  • Ongoing Royalty Fee – 7%
  • Ad Royalty Fee – 2%
  1. Jimmy John’s Gourmet Sandwiches

One of the fastest growing restaurant chains in America, Jimmy John’s has been making fresh, fast, tasty sandwiches since 1983. Homemade bread is baked fresh all day, and all-natural meats and fresh veggies are hand-sliced daily. Jimmy John’s seeks franchisees who are willing to do whatever it takes to make great sandwiches for their customers.

Financial Requirements

  • Minimum Cash Required – $80,000
  • Net Worth – $300,000
  • Total Investment – $313,600 – $556,100
  • Franchise Fee – $35,000
  1. Home Helpers Home Care

Home Helpers provides personal care services for seniors, new moms, working parents, those recuperating from illness or surgery and those needing continuing care for lifelong challenges. Services are provided by experienced caregivers in homes, retirement communities, nursing homes, hospitals, rehabilitation centers and others, from one hour per day up to 24 hours per day depending on need.

Home Helpers is affiliated with Direct Link, a vital sign and medication monitoring system. The company has relationships with third-party sources which offer financing to cover franchise fee, startup costs, equipment and inventory.

Financial Requirements

  • Initial Investment – $84,750 – $136,900
  • Net-worth Requirement – $250,000
  • Liquid Cash Requirement – $100,000
  • Initial Franchise Fee – $48,900 – $48,900
  • Ongoing Royalty Fee – 3-6%
  • Ad Royalty Fee – 0.5-2%
  • Veteran Incentives – $9,000 off franchise fee
  1. Expedia CruiseShipCenters

Expedia CruiseShipCenters is North America’s largest retail travel agency franchise and a leading seller of cruise travel. As an Expedia owner, you’ll lead an expert team of independent Vacation Consultants who help customers design and book custom cruise and travel packages for their families.

In addition to cruises, Expedia CruiseShipCenters franchisees sell vacation packages, tours, excursions, travel insurance and more. The company has been franchising since 1987.

Financial Requirements

  • Initial Investment – $165,495 – $281,990
  • Net-worth Requirement – $300,000
  • Liquid Cash Requirement – $100,000
  • Initial Franchise Fee – $39,000 – $39,000
  • Ongoing Royalty Fee – 9%
  • Ad Royalty Fee – $600/mo.
  • Veteran Incentives – 15% off franchise fee