Top Franchises to Own in USA – Franchises Opportunities
Step into the future of franchising with the top ten franchises of 2024 – where dreams meet drive!
Step into the future of franchising with the top ten franchises of 2024 – where dreams meet drive!
These days, there is a franchise for everyone. Trying to find out where to start can rapidly become challenging due to the amount of alternatives. Even limiting down an industry might be difficult because there are brands for fast food, hair salons, business services, and even health services that are accessible for franchising.
Luckily, you’re not only alone. Furthermore, you are not forced to decide all by yourself. Selecting one of the top ranked franchises on the market is one of the finest options for first-time franchise owners as it reduces the chance of loss or operational problems. After all, you’ll build a strong company that people want to join when you franchise with the best.
Which teams are in the lead for 2024, then? In general, the most well-liked industries are fast-casual meals and cleaning and maintenance services, but if you look closely, you may discover something in almost any sector. Here’s a quick look at top ten franchises that are at the top of the industry and merit your attention.
Go to the National Franchise Association website to learn more about assessing franchise prospects.
Here are the Top Rated Franchises to Own in 2024
The following is a list of franchises in 2024. Furthermore, a few of them are regarded as the best franchises around
1. Dunkin’
Having experienced a renaissance in recent times, Dunkin’ is currently among the top franchises to own. Though the initial investment is a little higher, the recurring costs are rather little, and this franchise will pay for itself much more quickly than you might anticipate. It also includes marketing and advertising support, along with other tools and a strong, proven company plan.
![dunkin-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/dunkin-franchise.webp)
- Franchise fee: $65,000
- Royalty fee: 5.90%
- Marketing fee: 5.00%
- Investment (mid-point): $795,000
- Average sales: $1,079,000
- Sales to investment ratio: 31.0x
- Minimum net worth: $500,000
- Minimum liquid capital: $250,000
2. Anytime Fitness
Anytime Fitness, a well-known fitness franchises in the united states, is somewhat less expensive than PF and other choices. The facility is accessible to members round-the-clock by keycard access, and the brand is among the most recognizable in the sector. It might work well for a number of individuals because the prices are reduced and you still get a fantastic fitness brand.
![any-time-fitnes-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/any-time-fitnes-franchise.webp)
- Fixed royalty fees: $549 per month
- Fixed advertising fees: $600 per month
- Technology fees: $650 per month
- Extension Fee: $500
- Inspection Fee: generally $50 to $100
- General Advertising Fee: currently, $600 per month
- Grand Opening and Ramp Up Program: $11,000 to $23,000
- Construction Document Review Fee: $2,700
3. Planet Fitness
Everyone is aware of Planet Fitness and its ongoing monthly offers starting at $10. They are also well-liked by those who have irregular schedules and prefer to work out whenever it’s convenient for them because they are open twenty-four hours a day, seven days a week. Though it’s a little more expensive to begin, this well-known brand usually yields positive outcomes. There are trainers, classes, and lots of equipment for solo exercise.
![planet-fitness-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/planet-fitness-franchise.webp)
- Initial Franchise Fee: $20,000
- Site Selection Costs: $0 to $10,000
- Construction Development Plan Review Fee: $0 to $4,000
- Fitness Equipment: $41,000 to $1,026,000
- Non-Fitness Equipment: $49,000 to $919,000
- Pre-Sale/Grand Opening Marketing: $40,000 to $80,000
4. Snap-On Tools
Top of the list if you’re wanting to own a business with a name that speaks for itself is Snap-On Tools. It’s turning out to be a popular option as more people search for ways to launch their own business because the investment is less than most and you can almost create your own customer base as big as you’d like inside your area. If there is room in the market for such expansion, you can even discuss with them the possibility of gradually growing your region.
![](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/snap-on-tools-franchise.webp)
- Franchise fee: $16,000
- Royalty fee: N.A
- Marketing fee: N.A.
- Investment (mid-point): $333,000
- Average sales: $803,000
- Sales to investment ratio: 139.0x
- Minimum net worth: $38,126
- Minimum liquid capital: $38,126
5. Marco’s Pizza
Marco’s Franchising, LLC is the franchisor. Pizza is available for delivery, carryout, and dining in at Marco’s Pizza locations in a variety of sizes and recipes. Much less frequently, stores also provide secondary goods such salads, sandwiches, desserts, cheesy bread, chicken wings, and drinks. It may not be necessary for franchisees to sell these ancillary products, depending on their circumstances. Retailers must provide pick-up and delivery services
![marcos-pizza-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/marcos-pizza-franchise.webp)
to customers, as well as catering and the option to dine in quickly casually. A Marco’s Pizza location usually takes up 1,200–1,600 square feet of space in the business.
- Franchise fee: $25,000
- Royalty fee: 50%
- Marketing fee: 7.00%
- Investment (mid-point): $546,000
- Average sales: $912,000
- Sales to investment ratio: 45.0x
- Minimum net worth: $400,000
- Minimum liquid capital: $100,000
6. HomeWell Care Services
As a result of the dedication to these three core principles—Approach, Passion, and Communities—HomeWell has grown to become one of the country’s top at-home care providers. The franchise owners at HomeWell Care Services are driven to achieve success that can change people’s lives. With a strong belief in making a positive influence on the lives of others, they are leaving corporate America to establish a meaningful company.
![homewell-care-services-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/homewell-care-services-franchise.webp)
Demand for in-home care services is rising as the sector thrives. HomeWell will give you the framework, instruction, and continuing assistance required to succeed as a franchise owner. Starting a HomeWell business is a chance for the franchise owners to accomplish good work and do good for others. It’s a choice that will profoundly alter both your life and the lives of others.
- Cash Investment: $54,500 - $150,000
- Total Investment: $52,400 - $230,800
- Minimum Net Worth: $250,000
- Franchise Fee: $49,500
- Royalty: 5%
- B2B: Yes
- Master Franchise Opportunities: No
- Veteran Discount: Yes, 20% ($9,900 off)
7. The UPS Store Franchise
The franchisor, The UPS Store, Inc., offers a multitude of top rated franchise opportunities. As part of the UPS parent company, The UPS Store locations serve as retail service establishments, providing a diverse array of approved goods and services, including notary services, printing, copying, office supplies, communications (fax) services, as well as mail and parcel receiving, packaging, and shipping services via various carriers. These centers cater to the needs
![the-ups-store-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/the-ups-store-franchise-1.webp)
of small and home office workers, as well as busy customers seeking time-saving solutions, thereby presenting lucrative business opportunities. Previously operating under the “Mail Boxes Etc.” trademark, The UPS Store now grants franchises for facilities in both conventional and unconventional locations.
Conventional placements thrive in urban regions with high foot traffic or within prominently located strip malls. However, non-traditional settings, such as colleges, universities, hotels, resorts, convention centers, airports, military bases, self-storage facilities, inside other stores, office buildings, bus or train terminals, and outlet or regional malls, also offer promising business prospects. Additionally, to cater to rural areas or small town/city communities, the franchisor offers an upgraded Countryside Program, marketed as the “Main Street” franchise model, further expanding business opportunities.
- Initial Franchise Fee: $29,950
- Initial Marketing Plan Fee: $7,500
- Design Fee: $2,100
- Site Survey: $1,500
- Center Development Fee: $5,000
- Initial Training Fees: $6,800
- Travel and Living Expenses While Training (per person): $4,000
- Site Rent and Security Deposit: $18,000
- Digital Media: $6,452
8. Griswold Home Care
The first franchise organization in the US to provide in-home care for elderly and adult clients with diseases, injuries, or disabilities is Griswold Home Care. At Griswold, franchise ownership is a tried-and-true business strategy that offers a chance to give back to the community and earn a wonderful livelihood. In addition, they set the benchmark for providing compassionate care to people in most need—in fact, they’ve been doing it well for the past 40 years!
![](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/grisworld-home-care.webp)
- Franchise fee: $49,500
- Royalty fee: 4.00%
- Initial investment: $96,000 – $174,000
- Average revenue: $977,000
- Marketing/Advertising Fee: $75 or 0.5% of Gross Receipts per week
- Transfer Fees: $15,000
9. Visiting Angels Franchise
Over the course of the last 20 years, Visiting Angels has improved the processes and paved the way for the establishment of over 600 private duty home care organizations in the US that provide non-medical care. There are several reasons why their senior home care franchise owners have selected Visiting Angels. The franchise owners have discovered the ideal business opportunity,
![visiting-angels-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/visiting-angels-franchise-1.webp)
with everything from assistance to branding to the personality of our leadership team, meeting their demands.
Entrepreneur magazine named Visiting Angels as one of the fastest-growing franchises in the United States. Together, the franchised agencies flourish under the guidance of some of the world’s most compassionate company owners. Collectively, they have made use of all the resources at their disposal to give communities jobs and—above all—the senior care they deserve.
- Franchise fee: $70,950
- Royalty fee: 3.50%
- Marketing fee: 2.25%
- Investment (mid-point): $148,000
- Average sales: $1,256,000
- Sales to investment ratio: 262.0x
- Minimum net worth: $110,000
- Minimum liquid capital: $110,000
10. Teriyaki Madness
Teriyaki Madness is a fast-casual eatery concept that offers tasty, nutritious, fresh, and high-quality Asian cuisine in an energetic setting. Their ability to marinate, grill, and wok has allowed them to create bowls that are not only healthful but also incredibly flavorful and filling.
Teriyaki is quick, tasty, and healthful, which is why there are Teriyaki Shops all throughout Seattle. When the founders were undergraduates in Seattle,
![teriyaki-madness-franchise](https://nationalfranchiseassociation.com/blog/wp-content/uploads/2024/04/teriyaki-madness-franchise.webp)
they fell in love with teriyaki, which they brought back to Las Vegas in 2003 to see if it would survive in a very different market. They quickly amassed a following of devoted followers and average unit volumes (AUV) of $1,095,618*.
- Franchise fee: $45,000
- Royalty fee: 6.00%
- Marketing fee: 3.00%
- Investment (mid-point): $519,000
- Average sales: $1,024,000
- Sales to investment ratio: 1.0x
- Minimum net worth: $550,000
- Minimum liquid capital: $150,000
Key Takeaways
Here are the key takeaways from the list of the top rated franchises to own in 2024:
- Dunkin’: Offers a strong brand presence and marketing support with relatively quick returns on investment despite a higher initial investment.
- Anytime Fitness: Provides accessible fitness facilities with lower costs, making it an attractive option for a wide range of individuals.
- Planet Fitness: Known for its affordability and 24/7 accessibility, making it appealing to those with irregular schedules.
- Snap-On Tools: With a lower initial investment and the potential for building a sizable customer base, it offers a strong brand name and flexibility for expansion.
- Marco’s Pizza: Offers a menu and delivery options, with a strong focus on customer service and satisfaction.
- HomeWell Care Services: Addresses the growing demand for in-home care services with a focus on compassionate care and community impact.
- The UPS Store Franchise: Provides a wide range of top rated franchise opportunities with established brand recognition and support, catering to various customer needs.
- Griswold Home Care: A pioneer in providing in-home care services, offering franchise ownership as a rewarding business opportunity to give back to the community.
- Visiting Angels Franchise: Recognized for its rapid growth and commitment to providing quality non-medical care, offering franchise owners a fulfilling business venture.
- Teriyaki Madness: Offers flavorful and nutritious Asian cuisine in a fast-casual dining setting, with a focus on quality ingredients and customer satisfaction.
Final Thoughts
When considering a purchase, it’s critical to evaluate and manage the risks associated with franchise ownership. This entails looking into the track record of the franchise as well as market and industry trends. Having a backup plan in place is particularly crucial in the event of unanticipated events like shifts in consumer behavior or economic downturns.
To sum up, buying a franchise takes careful thought-out preparation for legal and financial matters, creating a business plan, and managing and accessing risks. Potential franchise owners might raise their chances of success by investing the necessary time in planning and research.
Go to the website of the National Franchise Association to learn more about owning a franchise.