Here are some good franchises opportunities to invest in in the United States.
Franchising has increasingly drawn the attention of entrepreneurs as a viable investment option.
This has created a win-win situation for both franchisors and franchisees. Huge success stories have emerged over the years.
As a result, this article will discuss the best franchise opportunities in the USA. This is for anyone interested in finding profitable and viable franchise opportunities to invest.
If you find yourself in this category, read on to find useful information.
LIST OF THE BEST FRANCHISES FOR SALE IN THE US
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McDonald’s
This franchise started the same year it opened for business in 1955.
Today, it has grown into a formidable quick-service food chain with a presence in several countries across the world.
Its products consist mainly of chicken, burgers, beverages, and salads.
Other products include breakfast items, milkshakes, and fries.
To become a McDonald’s franchisee, you need to meet its cost obligations. These include an initial franchise fee starting at $45,000.
Others include a liquid cash requirement of $500,000, an initial investment within the $1,058,000 to $2,230,000 range, as well as ad and ongoing royalties of 4% each.
McDonald’s has a third-party financing arrangement that covers the cost of equipment.
In addition to these, you benefit from its support program. This covers a wide range of areas such as training (training includes on-the-job, classroom as well as on-site training), marketing and ongoing support.
These are broad categories and include several other details.
Dunkin’ Donuts is another top tier franchise opportunity you can invest in. This franchise brand is popular for its products which include baked goods, coffee as well as assorted types of donuts.
Becoming a Dunkin’ Donuts franchisee requires raising the required investment capital. These include an initial investment with low and a high of $228,621 and $1,717,103 respectively.
Others include an initial franchise fee within the $40,000 to $90,000 scope, a net worth of $500,000 as well as ongoing and ad royalties of 5.9 and 5% respectively.
Outside of these, new franchisees benefit from third party financing. This is a provision made by the franchisor with such financing covering inventory and equipment.
Other areas include the franchise fees, startup costs, payroll and accounts receivable.
Dunkin’ Donuts also appreciates veterans for their service. Hence its 20% discount off of the franchise fee. This provision covers your first 5 traditional restaurants.
In addition to such discounts are support options such as marketing, training as well as ongoing support.
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Sonic Drive-In
This is one of the top franchises in the USA with specialties in beverages, chicken sandwiches, hot dogs, burgers, breakfast and ice cream products.
Founded in 1953, it wasn’t until 1959 that it started franchising. There are financial requirements you must qualify for to be considered.
These include the initial franchise fees starting at $45,000, a liquid cash requirement within the $500,000 to $1,000,000 bracket.
Others include an initial investment sum with a low and high of $865,000 to $3,641,300 respectively. Ad and ongoing royalties of 2.45-5 and 3.25-5% respectively are also paid.
If you’re concerned about financing options, Sonic Drive-In has that taken care of. Its third-party financing provision takes care of the payroll, equipment, accounts receivable, franchise inventory, and the franchise fee. You also receive training as well as support to enable you to take off smoothly.
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Taco Bell
This franchise specializes in Mexican cuisine. Founded in 1962, it began franchising that same year. Today, it has grown into a formidable brand.
The financial requirements for joining the Taco Bell franchise include an initial investment sum that ranges from $525,100 to $2,622,400. This depends on the franchise option you choose.
There are additional financial requirements. These includes a $750,000 and $1,500,000 liquid cash and net-worth requirements respectively. A $25,000 to $45,000 franchise fee applies as well as ongoing and ad royalties of 5.5 and 4.25% respectively.
Its third party financing agreement covers equipment and startup costs. You get to also benefit from its comprehensive training and support provisions.
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The UPS Store
This franchise opportunity specializes in the provision of business, postal, printing and communication services. It was founded the same year it commenced franchising. The UPS Store has become a success story today with a presence beyond the United States.
Applying for this franchise opening is easy! However, you need to meet its financial requirements.
These include an initial investment and liquid cash within the $168,885-$398,323 and $60,000-$100,000 range. Its initial franchise fee starts at $29,950. While its ongoing and ad royalties are pegged at 5 and 2.5% respectively.
Every UPS Store Franchisee benefits from a range of support and training programs. This is in addition to financing options.
Such financing options consist of 3 types; Its in-house financing covers inventory, startup costs as well as equipment purchase.
There’s also a third-party agreement that provides financing covering equipment, franchise fee, and startup costs.
The third type of financing is available for veterans. It includes a 50% discount off the initial application fee as well as a $10,000 discount off the franchise fee.
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Culver’s
Culver’s is a reputable franchise opportunity. Among its products are specialty burgers and frozen custard.
To invest in this franchise opportunity, you need an initial investment within the range of $2,043,000 to $4,652,000. Others include a liquid cash requirement within the $350,000-$600,000 brackets. Culver’s franchise fee starts at $55,000.
You’re also required to pay ongoing and ad royalties of 4 and 2.5% respectively. Are you concerned about financing? Culver’s has you covered with its $10,000 discount off franchise fees.
Also, Culver’s has leveraged on its network to provide an additional financing option. Its third party financing arrangement covers startup costs, franchise fees, payroll, accounts receivable, equipment and inventory.
These are some of the best franchise opportunities in the USA you can start with right away. Due to their track record of excellence, there is greater confidence among prospective franchisees of their huge potentials.
