Quick Answer: What Is The Best Franchise To Open?

What is the best food franchise to open?

14 Food Franchise Opportunities for 2020Baskin-Robbins.

Initial franchise fee: $25,000.

Auntie Anne’s.

Initial franchise fee: $30,000.

Papa John’s.

Initial franchise fee: $25,000 (waived for new store owners) …

Taco Bell.

Initial franchise fee: $25,000 to $45,000.

KFC.

Initial franchise fee: $45,000.

McDonald’s.

Dunkin’ …

Pizza Hut.More items…•.

What is the best franchise to start in 2019?

The Top 10 Best Franchises to Open in 2019.McDonald’s.Dunkin’Sonic Drive-In.Taco Bell.The UPS Store.Culver’s.Planet Fitness.More items…•

What business should I start with 20k?

7 Profitable Businesses You Can Start With 20K Or LessSelling Second Hand Clothes. This has become a very lucrative business option for many young people. … Printing/Photocopying. … Operating a Salon/Barber Shop. … Selling Boiled Eggs, Smokies Or Sausages. … Movie Shop. … Car Wash. … Selling fruits & vegetables.

What franchise makes most money?

10 of the Most Profitable Franchises in 2020McDonald’s. … Dunkin’ … The UPS Store. … Dream Vacations. … The Maids. … Anytime Fitness. … Pearle Vision. … JAN-PRO.More items…•

What are the hottest franchises?

Hot, Trendy, & New FranchisesLiberty Tax Service. Liberty Tax is the 3rd largest tax preparation franchise in the United States. … Tread Connection. … Fit Body Boot Camp. … Healthier4U Vending. … Real Estate Sales LLC – Flip Cheap Houses. … Healthy YOU Vending. … American Business Systems, LLC. … PuroClean.More items…

What are the top 5 franchises?

Here are this year’s top 10 franchises on Entrepreneur’s 2019 Franchise 500….Read on for Entrepreneur’s take on the top 10 franchises in the US in 2019.McDonald’s.Dunkin’ … Sonic Drive-In. … Taco Bell. … The UPS Store. … Culver’s. … Planet Fitness. … Great Clips. … More items…•

What is the cheapest franchise to start?

Low-Cost/Cheap FranchisesCruise Planners. Franchise fee: $10,995. Initial investment: $2,095 to $22,867. … SuperGlass Windshield Repair.JAN-PRO.Jazzercise. Franchise fee: $1,250. Initial investment: $2,500 to $38,000. … Dream Vacations. Franchise fee: $495 to $9,800. Initial investment: $3,245 to $21,850.

How do I start a franchise with no money?

It’s not possible to start a franchise without any money. You’ll need to pay an initial franchise fee, and you will have other start-up costs. Furthermore, franchisors want to see that you have some skin in the game in the form of a down payment.

What is the largest food franchise in the world?

McDonald’sMcDonald’s is the world’s largest fast-food restaurant chain and one of the best-known brand names. The company has more than 39,000 locations in about 100 countries.

What is the easiest franchise to open?

12 Best Low-Cost Franchises for Aspiring Business OwnersStratus Building Solutions. … SuperGlass Windshield Repair. … Mosquito Squad. … Pillar to Post Home Inspectors. … Property Management Inc. … Soccer Shots. Franchise Fee: $34,500. … Dream Vacations. Franchise Fee: $495 to $9,800. … Lil’ Kickers. Franchise Fee: $15,000.More items…•

What is the cheapest franchise restaurant to open?

5 Affordable Restaurant Franchises You Can Start for 5 Figures.Firehouse Subs.Baskin-Robbins.Chester’s.Checkers and Rally’s.Champs Chicken.

Who owns the most McDonald’s franchises?

Arcos Dorados Holdings Inc.Arcos Dorados Holdings Inc. owns the master franchise of the fast food restaurant chain McDonald’s in 20 countries in Latin America and the Caribbean. It is the largest McDonald’s franchisee in the world in terms of system-wide sales and number of restaurants.

Can owning a franchise make you rich?

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

Can I buy a Chipotle franchise?

Chipotle is a fast-food chain which offers Mexican fare, including design-your-own burritos, tacos and bowls. Chipotle Mexican Grill restaurants are mostly company-owned and are no longer being offered as a franchise. While a few franchises were sold, Chipotle’s franchising plan has changed.

McDonald’s is the world’s largest franchise network with an incredible $89 billion in global sales. Despite increasing competition, it has held on to this spot every year since the rankings were first released in 2000. To put this size into context, it is larger than KFC, Subway and Burger King combined.