what restaurants can you franchise

14 Food Franchise Opportunities

More items

Full Answer

Should you buy a restaurant franchise?

When you buy a franchise, you get the right to use the name, logo, and products of a larger brand. You’ll also get to benefit from brand recognition, promotions, and marketing. But, it also means you have to follow rules from the larger brand about how you run your business.

What is the best restaurant franchise?

Here are the most popular 10 fast food franchises in the USA

• McDonald's. McDonald's is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries.
• BURGER KING. ...
• SUBWAY. ...
• KFC. ...
• Checkers and Rally's. ...
• DAIRY QUEEN. ...
• DOMINO’S PIZZA. ...
• Dunkin’ Donuts. ...
• Taco Bell. ...
• Wendy's. ...

How much is a restaurant franchise?

how much does it cost to start a restaurant franchise? It’s not uncommon for restaurant franchises to cost more than other types. Investing at the start can cost as little as $100,000 and can range as high as several million dollars. On average, they range between $500k and $2m.

Can I franchise my Restaurant?

Criteria to Franchise a Restaurant. Most restaurants can franchise providing they meet three basic criteria: – Salability: Your restaurant must be credible to prospects in order to sell franchises: professionally designed, unique in some way, and most importantly it must have “sizzle”.

What are the top 10 food franchises?

Which Are the Best Food Franchises in India in 2022?KFC Franchise.Domino's Franchise.Subway Franchise.Tibbs Frankie Franchise.Chick Blast Franchise.Bubbles Franchise.Mozart Franchise.Amul Ice Cream Business.More items...•

What are the cheapest restaurant franchises to buy?

Top 10 Cheap Restaurant FranchisesBaskin Robbins. Baskin-Robbins is a leader amongst the ice cream franchises with a business model that has been proven successful in more than 7,700 shops in 52 countries. ... Cold Stone Creamery. ... Chick-Fil-A. ... Chester's Chicken. ... Firehouse Subs. ... Quizno's. ... Taco Bell. ... Mucho Burrito.More items...

What is the cheapest restaurant to start?

Top 10 Cheapest Food Franchises To OpenSubway. Subway is an international fast-food sandwich chain that advertises heavily and brings in many customers. ... Baskin-Robbins. ... Domino's Pizza. ... Chester's. ... Cold Stone Creamery. ... Mucho Burrito. ... Scooter's Coffee. ... Planet Smoothie.

Which franchise is easiest to get?

12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•

What is Starbucks franchise fee?

What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.

Which type of restaurant is most profitable?

Following are the six most profitable restaurant types.Bar. In the restaurant business, bars have the highest profit margins. ... Diner. The low cost of breakfast food ingredients increases the profit margin for diners. ... Food Truck. ... Delivery. ... Pizzeria. ... Pasta Restaurant.

Do small restaurants make money?

Are Restaurants Profitable? Yes, restaurants are profitable, but they have low profit margins. Profitability depends on many factors including the size and type of restaurant, as well as economic ones. It takes an average of two years for a new restaurant to turn a profit.

How Much Is a Subway franchise?

How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.

How much do small restaurant owners earn?

They also estimate that the national average is around $65,000 a year. Chron.com estimates a similar range, between $29,000 and $153,000 per year. Finally, simplyhired.com gives a smaller range, with an average of $44,000, with the low end being around $24,000 per year and the top 10% making around $81,000 per year.

Can 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.

What is the #1 franchise?

Top 100 Franchises 2022RankNameCountry1KFCUnited States of America27-ElevenUnited States of America3McDonald'sUnited States of America4Marriott InternationalUnited States of America16 more rows

Is becoming a franchise worth it?

If you're a fledgling entrepreneur or a seasoned business person wanting to diversify your holdings, you've probably wondered, “Are franchises a good investment?” The simple answer is yes, especially if a great opportunity presents itself. There is an obvious appeal to starting a business via buying a franchise.

What is the most profitable franchise to get into?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

What is a typical franchise fee for a restaurant?

Outfitting the space to meet the franchise standards also requires a major investment. Included in your initial startup costs is what's known as a franchise fee. You'll pay tens of thousands - usually anywhere from $30,000 to $50,000 - for the rights to use the company's name.

How much would it cost to buy a 7-Eleven franchise?

Your initial investment includes three major components: An initial franchise fee of $25,000. An inventory down payment between $20,000 and $40,000, plus an initial cash register fund.

How much does it cost to buy a restaurant franchise?

Fast Food Franchise Costs, ComparedRestaurantFranchising FeeStart-up CostsRestaurantFranchising FeeStart-up CostsMcDonald's$45,000$1,003,000Subway$15,000$116,600Taco Bell$45,000$1,200,0004 more rows•May 8, 2017

How many locations does Romeo's Pizza have?

Romeo’s Pizza was founded in 2001 and has grown rapidly and now has 34 locations in Cleveland, Akron/Canton, and Columbus markets. Romeo’s Pizza has a diverse menu consisting of award-winning pizzas, pasta, subs, calzones, strombolis, salads, wings and appetizers.

When was the first Hooters restaurant opened?

The first Hooters Restaurant opened in Clearwater, Florida, in 1983. The company, known for its Hooters Girls waitresses, began franchising in 1986. The beach-theme restaurants feature sports displayed on flat-screen TVs and a menu offering seafood, sandwiches, burgers, salads, chicken wings and alcohol.