We surveyed 30, 000 franchise companies to deliver a list of the top franchise examples. There are thousands of the best franchise opportunities available today all over the world. Most of companies claim that they have profitable franchising, but our research delivers the top 10 examples of franchises to own.
If you are looking for the best franchise opportunity in a different industry, our research-based post will help you find your ideal franchise business. If you read our post carefully, you will benefit. You have included the initial investment, net-worth requirement, ongoing royalty fee, and ad royalty fee for each company.
After explaining top franchise examples, we will answer some essential questions to help you. Let’s take a look at the questions that interested entrepreneurs ask.
- Why invest in a franchise?
- Why is selecting the right franchise important?
- How do I get started in a franchise?
Top 10 Franchise Examples to Own
1. Techy Company Franchise
If you want to know about low-cost and the best franchise examples in the tech industry, we ensure to see the franchise business of Techy. There are many reasons to choose the company in the first position on our list. Techy offers package-based franchises, so the franchise fee, initial investment, ongoing royalty fee, and ad royalty fee are affordable for the franchisee. Let’s take a look at the packaged-based franchise offered by Techy, a large device repair, installation, and sale company.
How do I get started in a franchise?
One great thing about the Techy franchise business model is They welcome all franchise owners who are interested in their business. If you join Techy, you will work with their talented in-house marketing team. And finally, Techy, the brand, helps you fill your store all-time because they have a 25,000-square-foot warehouse filled with over $4 million of devices, tools, parts, and accessories.
2. Merry Maids
- Initial investment: $89,619 to $125,023
- Net-worth requirement: $90,000
- Liquid cash requirement: $35,000
- Initial franchise fee: $37,500 to $51,500
- Ongoing royalty fee: 5% to 7%
- Ad royalty fee: 1.3% per year
We researched the cleaning service industry to show franchise examples, and we got Merry Maids. Merry Maids is the largest house cleaning company in the United States. If you are interested in opening a franchise business with Merry Maids, it is possible. They do not require a lot of net worth, and the initial franchise fee is low, so you can easily set up a franchise business with them.
3. FastSigns
- Initial investment: $197,172 to $313,136
- Net-worth requirement: $300,000
- Liquid cash requirement: $80,000
- Initial franchise fee: $49,750
- Ongoing royalty fee: 6%
- Ad royalty fee: 2% per year
Visual communication needs are increasing day-to-day, so we try to find the best franchise example. Fastsigns mission is to help you with all of your visual communication needs, like signs, banners, graphics, digital displays, promotional products, and more. If you are interested in winning at this type of store, you can contact their customer support. Fastsigns started their franchising business in 1986, and this tax-based company successfully ran their signage shops at 600 locations.
4. Keller Williams
- Initial investment: $183,947 to $336,995
- Liquid cash requirement: $150,000
- Initial franchise fee: $35,000
- Ongoing royalty fee: 6%
- Ad royalty fee: $1,000 per year
Do you hear the brand name Keller Williams? If you research the largest real estate franchise examples in the United States, you will find Keller Williams. They began their journey in 1987 and attracted their agent through a profit-sharing business model. So it would be easy for you to own a franchise from here.
5. Pillar for Post-Home Inspectors
- Initial investment: $37,100 to $45,900
- Liquid cash requirement: $10,000
- Initial franchise fee: $21,900
- Ongoing royalty fee: 7%
- Ad royalty fee: 4%
Pillar To Post Home Inspectors is a leading home inspection company in North America. They offer three home inspection packages for their customers. They also provide a virtual open house solution for presenting listings online. Pillar To Post has over 550 franchisees and has received positive reviews for their polite inspections. You can contact their nearest franchise for more information.
6. Dunkin’
- Initial investment: $395,500 to $1,597,200
- Net worth requirement: $250,000 to $500,000
- Liquid cash requirement: $125,000 to $250,000
- Initial franchise fee: $40,000 to $90,000
- Ongoing royalty fee: 5.9%
- Ad royalty fee: 5%
There are many coffee and baked goods chain franchise examples in America. Dunkin” franchise is a popular restaurant franchise for coffee and food services. If you want to own a Dunkin’ franchise, franchisees need to speak with the franchise development team, review the Franchise Disclosure Document (FDD), and interview the franchise development team. Overall, owning a Dunkin’ franchise can be a wise choice for enjoying food service.
7. Planet Fitness
- Initial investment: $1,084,600 to $4,178,000
- Net-worth requirement: $3 million
- Liquid cash requirement: $1.5 million
- Initial franchise fee: $20,000
- Ongoing royalty fee: 7%
- Ad royalty fee: 9%
We have researched the health and fitness industries to find some top franchise examples. Planet Fitness is a popular franchise example of a fitness center with a “judgement-free zone” . The franchise fee for a Planet Fitness location is $10,000 for a 10-year renewable agreement. The franchise agreement lasts for 10 years. Planet Fitness has around 2,400 clubs, so you can consider it the largest fitness club franchise in terms of the number of members and locations.
8. Orangetheory Fitness
- Initial investment: $575,422 to $1,497,372
- Net-worth requirement: $500,000
- Liquid cash requirement: $150,000
- Initial franchise fee: $59,950
- Ongoing royalty fee: 8%
We got Orangetheory Fitness when we researched health and fitness franchise examples. It is a global fitness franchise with over 1,500 studios in 25 countries. They offer franchising opportunities for individuals who are interested in joining their mission and want to create a healthier world. An Orangetheory franchise is based on factors such as net sales and the median multiple.
9. Primrose Schools
- Initial investment: $637,900 to $6,375,500
- Net-worth requirement: $750,000 to $1.2 million
- Liquid cash requirement: $350,000 to $1.2 million
- Initial franchise fee: $80,000
- Ongoing royalty fee: 7%
- Ad royalty fee: 2%
After fitness club, we researched the education industry to find out the top franchise examples. We have seen Primrose Schools franchise opportunities in the early education and child care industries. Each Primrose school is independently owned and operated by franchise owners. If you choose Primrose Schools as a franchisee, you have the opportunity to start your own business and be your own boss in the children’s business industry.
How do I get started in a franchise?
We know you are interested after reading our post on top franchise examples but are concerned about how to get started in a franchise. Don’t worry; we have shared a step-by-step process for you below.
- Firstly, you will research the top franchises and evaluate opportunities.
- Then you will consider the costs associated with starting a franchise.
- Now it is time to draft a business plan.
- After drafting a business plan, you will choose your preferred industry.
- You must review franchisor requirements and examine the franchise disclosure document.
- If you do not understand, hire professionals to help you with the process.
- If you are still interested, then prepare a franchise disclosure document (FDD) according to strict guidelines.
- You can build or improve your location, attend training, and hire employees.
- And through this process, you can open your new franchise successfully.
Financing of Franchising
We think financing plays an important role if you think you will buy a franchise business. Do not worry; financing a franchise comes from various sources. These sources include banks, SBA lenders, online lenders, franchisors, and retirement funds. The best financing option depends on the type of franchise and the amount of money you need. Traditional business loans and SBA loans are popular options for franchise financing. You can get franchise loans offered by franchisors. You will remember the qualifications required for each financing option.
Wrapping Up
We are at the end of our post, and our mission is to help you by providing a list of top franchise examples so that you can make the right decision. Always remember that package-based franchise opportunities give you more chances to own a new business at an affordable cost.
FAQs about Top Franchise Examples
As we have researched to make a list of top franchise examples, we prefer Techy as the best example of a franchise.
As a franchisee, selecting the right franchise is important because buying into a franchise means that the brand is already established, and franchisors can provide guidance and support.
There are many reasons to invest in a franchise business. If you invest in a franchise business, you will receive initial and ongoing training, site selection assistance, and headquarters and field support. You will develop your franchise company by using their guidelines, so you will earn a profit.
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