What are the Best New Franchises to Own?

Have you always dreamt of owning your own business? Are you having fears of starting a business venture from scratch? Are you having doubts about how to take off? If any of your answers to these questions is yes, then you are at the right place.

Our focus here is providing you some of the best franchises you can invest in. Buy how does a franchise answer the above questions? Franchises allow you buy into an already successful business. Your investments give you a part of the company to run for a specified period of time. So what are some of these best franchises to own in Texas, California and other states in the US?

Here are the top 100 franchises to own in the world include the some up and coming opportunities;

  • McDonald’s

McDonalds is one of the best food franchises to own in the world. . Getting into the most important information you may want to find out; buying a McDonald’s franchise will require an initial investment ranging from $1,008,000 to $2,214,080. Other requirements include liquid cash requirements of $500,000; ongoing fees starting from $45,000 and Royalty fees from 4%. Financing options are also available through third-party sources.

An on-the-job training is available for franchisees. This lasts from 6 to 24 months with a 75 hour classroom training as well. McDonald’s global corporate headquarters is located at 2915 Jorie Blvd. Oak Brook, IL 60523. Are there support options? Of course there are! You get to enjoy ongoing support covering newsletter releases, proprietary software, field operations and site selection.

Others include a grand opening ceremony, a toll free line, meetings and conventions as well as online support. Under marketing support, it covers social media, national media, ad templates, and cooperative advertising.

  • The UPS Store

UPS is a global company with franchise opportunities for willing investors. It has its corporate headquarters located at 6060 Cornerstone Ct. W. San Diego, CA 92121. It is mainly involved in postal services as well as communications and printing among others. To buy a UPS store franchise, you need an initial investment within the range of $177,955 to $402,595. A net-worth requirement of $150,000 is also necessary. A liquid cash of $60,000 is also needed by the franchisor.

An ad royalty fee of 2.5% and an ongoing royalty fee of 5% is required. What more? An interesting thing about this franchise opportunity is its financing options. Its in-house financing covers aspects like equipment, start-up costs, and inventory. Financing provided by third-party sources covers equipment, franchise fee, start-up costs and equipments.

Veterans also get to enjoy a huge $10,000 discount off the franchise fee. This is in addition to a 50% waiver off the application fee. Support covers grand opening, proprietary software, field operations, a toll-free line, periodic newsletters, an ongoing support and site selection

This is yet another excellent franchise opportunity you should consider. As the name suggests, its main business activities include coffee, baked goods and doughnuts sale. Its corporate headquarters is located at 130 Royal St. Canton MA 02021. For the financials, you will be required to invest the sum of $228,620 to $1,691,200. Other financial demands include a liquid cash requirement of $125,000 and a $250,000 net-worth requirement.

An ongoing royalty fee of 5.9% and an ad royalty fee of 2 to 6% will need to be paid by you. Financing is also available. This involves a 20% discount off the franchise fee covering the first 5 traditional restaurants. There are also several support mechanisms as well. These include a grand opening ceremony, security, field operations, a toll free line, meetings and newsletters.

Other forms of support you will receive include purchasing cooperative, online sales, proprietary software, regional advertising and national media. Others are regional advertising, social media, website development and email marketing among several.

7-Eleven Inc. is also an exceptional franchise opportunity you should try. If you are interested in the retail sector, then this option is for you. Buying a 7-Eleven franchise offers you the opportunity to own part of a successful convenience store. Its address is located at Dallas, Texas- 75221-0711. What are the financial requirements? First, you have to meet its initial investment sum of $37,550 to $1,149,900.

Other requirements include a net-worth within the range of $100,000 to $250,000. A liquid cash of $50,000 to $150,000 is demanded by the franchisor. Ongoing royalty fees differ. However, its ad royalty fee starts from 1.5 to 0.5%. You stand to benefit from its in-house financing arrangement that covers accounts receivable, payroll, inventory, equipment, franchise fee and start-up costs.

Other forms of support consist of a toll free line, online support, a grand opening ceremony, newsletters, purchasing co-ops, security and field operations. What more? There are regional advertising, national media, ad templates, website development and email marketing supports. In addition to these, you get to enjoy a 240 hour on-the-job training.

  • Sonic Drive-In Restaurants

Sonic Drive-In restaurants offer a rich menu that includes hot dogs, chicken sandwiches, burgers, assorted beverages, and breakfast among others. Its corporate headquarters is located at 300 Johnny Bench Dr. Oklahoma City, OK 73104. What is needed to own this franchise? You will need an initial investment starting from $1,073,000 to $2,361,500, and a net-worth requirement of $1M to $2M.

Other financial requirements consist of ongoing fees such as a royalty fee of 5% and an ad royalty fee of 3.25 to 5%. Sonic Drive-In restaurants provide you with financing covering equipments, start-up costs, franchise fee, accounts receivable and payroll. These are borne by third-party sources. Support includes newsletters, grand opening, online support, a toll-free line and field operations etc.

  • Taco Bell

Taco Bell specializes in Mexican food. Its corporate address is at 1 Glen Bell Wy, Irvine, CA 92618. To own a Taco Bell franchise, you need to be able to meet its financial requirements. These include an initial investment of $525,100 to $2,622,400. Your must also have a net-worth of $1,500,000. Liquid cash requirement must not be less than $750,000.

Ongoing fees include an initial franchise fee of $25,000 to $45,000. An ongoing royalty fee of 5.5% and an ad royalty fee of 4.25% are also included. Taco Bell offers third-party financing covering equipment and start-up costs. Its areas of support cover field operations, online support, grand opening, newsletter, toll-free line, national media and co-op advertising among others.

  • Great Clips

Great Clips is a hair salon franchise which has been in existence for over 3 decades. Its corporate base is located at 4400 W. 78th St, 700 Minneapolis, MN 55435. What are the financial implications of owning this franchise? You need an initial investment from $136,900 to $258,250. Others include net-worth requirements of $300,000 and a liquid cash of $50,000 to $150,000.

Ongoing fees include an initial franchise fee starting from $20,000. An ongoing royalty fee and an ad royalty fee of 6 and 5% respectively are also required. Its relationship with third-party sources enables it to provide financing covering inventory, start-up costs and equipment. Areas of support include a toll-free line, grand opening, purchasing co-ops, newsletter, meetings, and online support.

Others include site selection, proprietary software, field operations, security, national media and social media marketing etc. Great Clips allows for absentee ownership. It provides a 12 hour on-the-job training to you and your staff. This is followed by a 44 hour classroom training.

  • Hardee’s

At Hardee’s, the main products are burgers, biscuits and chicken. Its corporate office is located at 6700 Tower Cir, 1000 Franklin, TN 37067. The financials include initial investments from $1,431,500 to $1,949,000. A net-worth of $1,000,000 is also compulsory. You will also need to have a liquid cash of $300,000. The ongoing fees for owning a Hardee’s includes the franchise fee from $25,000 to $35,000.

Ongoing royalties include the ad royalty and ongoing royalty fees of 7 and 4% respectively. Its third-party-backed financing arrangement covers franchise fee, inventory, equipment, start-up costs, payroll and accounts receivable. Veterans get to enjoy a whopping 50% off the franchise fee. Support covers grand opening, social media marketing, field operations, site selection and newsletter among others.

  • Jimmy John’s Gourmet Sandwiches

You can own a franchise opportunity that specializes in making sandwiches. Jimmy John’s has a financial requirement of $329,500 to $557,500. You also need a net-worth of $300,000 and a liquid cash of $80,000. Under its ongoing fees, you will be required to pay an initial franchise fee starting from $35,000. Others include an ongoing royalty fee of 6% and an ad royalty fee of 4.5%.

The financing option available to you is its third-party financing agreement which covers inventory and equipment. Others include accounts receivable, payroll, and start-up costs. Support options include a toll-free line, grand opening, online support, newsletter, field operations and purchasing co-ops among others.

  • Culver Franchising System Inc.

What type of business do they do? Culver Franchising System specializes in making specialty burgers as well as frozen custard. Its corporate headquarters is located at 1240 Water St. Prairie du Sac, Wisconsin 53578. To own this franchise, you will need to know the cost implications. First, an Initial investment of $1,815,000 to $4,273,000 is required. A liquid cash requirement of $350,000 to $600,000 is also needed.

Ongoing fees include an initial franchise fee starting from $55,000, an ongoing royalty fee of 4% and an ad royalty fee of 2.5%. Are there financing options? Yes there are. Culver Franchising System offers veterans a $10,000 discount off the franchise fee. Franchisees also benefit from third-party financing that covers accounts payable, equipment, payroll, franchise fee, start-up costs as well as equipments.

Another factor that makes this one of the best franchises to own is its support options available to you. You get to enjoy support covering grand opening ceremonies, newsletters, security, field operations, proprietary software, site selection and a franchise intranet platform. What more? Its marketing support includes social media marketing, regional advertising, national media and website development among others.

Supercuts is a salon franchise available for interested investors. Its corporate headquarters is located at 7201 Metro Blvd. Minneapolis, Minnesota 55439. To buy a Supercuts franchise, you need an initial investment starting from $144,280 to $296,900, a net-worth requirement of $500,000, as well as a liquid cash requirement of $150,000.

There are ongoing fee requirements you will need to meet as well. These include a royalty fee of 6%, an initial franchise fee starting from $29,500 and an ad royalty fee of 5%. Its financing is provided by third party sources covering equipment, inventory, and start-up costs. Veterans get to enjoy an incentive of $2,500 rebate on first-store franchise fee.

Supercuts has a variety of support options. These include grand opening support, online, security, field operations, site selection, purchasing co-ops, newsletters, a toll-free line as well as meetings support. Others include national media advertising, regional advertising, co-op advertising, and social media among others. You get to also benefit from 5 days of classroom training.

  • Papa John’s Int’l. Inc

Papa John’s specializes in Pizza. Its operational address is at Louisville, Kentucky. P.O. Box 99900. What are the financial implications of owning this franchise? You need to meet the following; a net-worth requirement of $250,000, an initial investment from $130,120 to $844,420, and a liquid cash requirement of $75,000.

There are ongoing fee requirements as well. These include a 5% royalty fee, 8% ad royalty fee and a $25,000 initial franchise fee. Financing options include a third-party agreement with financing sources covering start-up costs, equipment, and the franchise fee. Veterans get to enjoy incentives such as reduced royalty spanning a 4-year period, free oven sets, a franchise fee waiver and $3,000 food purchase credit.

There are also several support options available to you. These include newsletter releases, meetings, a toll-free line, site selection, proprietary software, security, grand opening and online support. For marketing support, you get to enjoy social media advertising, email marketing, ad templates, co-op advertising, and regional advertising including loyalty programs.

To run this franchise efficiently, you get to benefit from 265 hours of on-the-job training, 50 hours of classroom training, and an additional training at one of the company-owned restaurants.

  • Sport Clips

If you are looking for a sports-themed haircutting franchise opportunity, then Sports Clips is the way to go. The Sport Clips franchise is quite flexible and allows you run part-time. This means you can work at your current job without interruption. There is also a provision for financing as well. To own a Sports Clips franchise, you need to meet its start-up cost requirement from $183,300 to $351,500.

Anytime Fitness is a fitness franchise and among the best franchise opportunities you can trust. Its parent company is located at 111 Weir Dr. Woodbury, Minnesota. But what does it take to own an Anytime Fitness franchise? You will need to meet its financial requirements. This includes an initial investment starting from $89,350 to $677,800, a liquid cash requirement of $100,000 and a net-worth requirement of $300,000.

Ongoing fees consist of the initial franchise fee starting from $20,000 to $39,000. Others include an ad royalty fee of $300 per month and royalty fee from $449 to $549 per month. As an Anytime Fitness franchisee, you also stand to benefit from its financing options. This includes a 20% discount off the franchise fee for veterans as well as financing covering accounts receivable, payroll, start-up costs, equipment and franchise fee.

In the area of ongoing support, it includes newsletter releases, meetings, grand opening, site selection, field operations, a toll-free line, online support as well as security among others. Marketing support covers national media advertising, ad templates, co-op advertising, regional advertising, social media, email marketing as well as website development.

  • Ace Hardware Corp.

Ace Hardware Corp. is a hardware and home improvement franchise. It has its headquarters located at 2200 Kensington CT. Oak Brook, Illinois. Buying an Ace Hardware Corp. franchise will require an initial investment starting from $272,500 to $1,561,500. You also need to meet its net-worth requirement of $400,000 as well as liquid cash requirement of $250,000.

Its ongoing fees include an initial franchise fee from $5,000. In the area of financing, veterans enjoy a franchise fee waiver. In addition to this, financing is provided by third-party sources. This covers start-up costs, franchise fee, payroll, accounts receivable, equipment, inventory and franchise fee. Ongoing support covers site selection, proprietary software, a franchise intranet platform, and an online support.

You also get to benefit from other types of support such as regional advertising, social media, email marketing and a host of other services.

  • Planet Fitness

Planet Fitness runs a successful fitness club franchise. Its operational base is located at 4 Liberty Ln. West Hampton, New Hampshire. So what is required to own this franchise opportunity? You need to meet its financial obligations. These include an initial investment within the range of $857,080 to $4,234,750. Others include a net-worth of $1,500,000 and a liquid cash requirement of $600,000.

Ongoing fees include an initial franchise fee starting at $20,000. There is also a royalty fee of 7% and an ad royalty fee of 9%. Available financing options consist of third-party financing covering equipment and start-up costs. Support is available in a variety of forms. A few of these include online support, grand opening, website development, newsletter, and proprietary software among several.

  • Jersey Mike’s Subs

For this franchise, subs are its area of specialization. It is located at 2251 Landmark Pl. Manasquan, NJ 08736. For you to own a part of it, you will need to meet all its requirements. Financial requirements are an important part of this. The initial investment required falls within the range of $178,523 to $746,342. There is also a net-worth requirement of $300,000, as well as a liquid cash of requirement of $100,000.

What more? There are ongoing fees as well. These consist of the initial franchise fee starting from $18,500. Others include a royalty fee of 6.5% and an ad royalty fee of 5%. Jersey Mike’s Subs also provides you with financing. This financing is provided by third-party sources. What is covered under this arrangement? It covers the payroll, start-up costs, inventory, equipment, accounts receivable as well as the franchise fee.

Support options exist as well. These cover marketing and ongoing support. Newsletter releases, grand opening, online support, proprietary software, site selection and field operations among others are found under its ongoing support. For marketing support, you get to enjoy social media marketing, website development, email marketing, ad templates and regional advertising.

Others include national media advertising, ad templates and co-op advertising among others. As a Jersey Mike’s Subs franchisee, you benefit from a 360 hour on-the-job training. A 40-hour classroom training is also provided as well.

  • Budget Blinds LLC

If you are interested in franchises that provide window coverings as well as rugs and other home accessories, this franchise is for you. Budget Blinds LLC has its operational headquarters at 19000 MacArthur Blvd. #100 Irvine, CA 92612. The financial requirements for owning a Budget Blinds franchise include the following; an initial investment from $110,140 to $230,870.

Others include a net-worth requirement of $100,000.  There is also a liquid cash requirement of $64,950. In the course of ownership, you get to pay ongoing fees. These include a royalty fee of $300 to $1,500/mo. An ad royalty fee from $1,000 to $1,500/mo is also required.

As one of the best franchises to own, it provides attractive financing options. Veterans get to enjoy a huge discount of $15,000 off territory and franchise fees. Its in-house financing covers the franchise fee. There is also financing provided by third-party sources. This covers inventory, payroll, accounts receivable, equipment and start-up costs.

  • CPR-Cell Phone Repair

This franchise provides electronic sales and repair services. To own this franchise, there are financial requirements. These include an initial investment sum ranging from $58,150 to $176,000. Others include a net-worth requirement of $150,000 and a liquid cash requirement of $50,000. The franchisor also requires you to pay ongoing fees. This includes an initial franchise fee of $37,500. Others are a royalty fee of 5.8 to 8% and an ad royalty fee of 1%.

In addition to the above, there are also financing arrangements. For veterans, there is a 10% franchise fee waiver. An in-house financing arrangement covers start-up costs. Financing is also provided by third-party sources. These cover accounts receivable, payroll, equipment, start-up costs, inventory and the franchise fee.

These are some of the best franchises you can own. They offer you the opportunity to buy and own a strong brand. Each of the above have proven to be among the most preferred franchise opportunities among investors. You can also take advantage of these by selecting any of the listed that suits your needs. Whatever you are looking for, these offer you good returns on investments.

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