Which franchise businesses have the best chance of success?

What franchise systems has the best proven track record of successful franchisees?
In: Business.Startups Asked by: karz Mar 16, 2008 - 81 Months Ago.  Viewed 9496 times



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Franchising isn't necessarily safer than starting a new business. In exchange for a solid brand and system, you give up the freedom to 'tinker' with your business. Franchisors are notorious for keeping franchisees in line, enforcing "compliance with the policies and procedures as they change."

Before investing in a franchise system, investigate using the following techniques:
* Visit a local franchise owner, and start a friendly chat. If they're too busy to talk, they must be doing well.
* Talk to the franchisee's association. If the franchise system is too small to have a franchisee association, then it's probably not worth it.
* Exclusivity - What's good for the franchisor isn't necessarily good for you. You need a reasonable territory to protect your profits, while they want lots of stores to grow their brand.
* Brand - have people you trust try the product.

The franchises with the best chance of success is one with an existing base of 25 or more successful franchisees, and a track record of 10 years or more. Any less, and you may as well start your own business model.

Wall-Street Journal published a list of "Franchise High Performers" in 2008. Here are the top available franchises:
* Servpro
* Jimmy John's Gourmet Sandwiches
* Maids International
* Bojangles famous Chicken n' Biscuits
* Home Instead Senior Care
* Pacific Pride
* Stanley Steemer
* Sterling Optical
* The Melting Pot
* Tow Men And A Truck
* Abbey Carpet & Floor
* Sandler Sales Institute
* Denny's
http://online.wsj.com/public/resources/documents/info-franchiseList0802.html
Answered by: Neil W - 81 Months Ago.
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Commented by: mmdr - 2 Weeks Ago.
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Here's the list of the Top 10 rated Franchises by Franchise 500:

* Subway (sandwiches, salad)
* Curves (women’s fitness)
* Quiznos Sub (sandwiches, soups, salads)
* Jackson Hewitt Tax Services
* The UPS Store (shipping services)
* Sonic Drive In (fast food)
* Jani-King (commercial cleaning)
* 7-Eleven, Inc. (convenience store)
* Dunkin’ Donuts (donuts)
* RE/MAX, Inc. (real estate)

Here's a great article from a guy with experience:
http://www.franchise1.com/articles/article.asp?articleid=184
Answered by: Meagan - 81 Months Ago.
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You won't find the success rates published, at least nothing useful for comparisons. Some franchisees make no money but don't close shop, while others sell for reasons other than profitability.

So to predict the chance of success, you should consider two major things:
* The industry's potential.
* The brand's future.


Here are some of the biggest brands in franchising today:
Alphagraphics
7-Eleven, Inc.
Baskin Robbins
Baker's Delight
Big O Tires
Blockbuster
Boston Pizza
Curves
Century 21 Real Estate
Courtyard by Marriott
Dairy Queen
Dale Carnegie
Dunkin' Donuts
Kentucky Fried Chicken
Fuddruckers
Gold's Gym
Great Clip's
H & R Block
IHOP - International House of Pancakes
Jenny Craig
Kwik Copy
MAACO
McDonald's
Molly Maid
New Horizon's Computer Learning
Once Upon A Child
Papa John's Pizza
Radio Shack
Seattle's Best Coffee
Subway
Tim Hortons
Taco Bell

Some of the best resources on franchising are:
http://FranchiseSolutions.com
http://BeTheBoss.com
http://Bison.com
http://FranchiseHandBook.com
Answered by: karz - 81 Months Ago.
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If you are looking for franchise with a better success rate, try the ATM franchise. This business can provide a long-term income for the people. You can consider it as a part time business and all that you have to do is to make initial investment in the business. You can start to earn immediate profits through this business.

Source:

http://theatmfranchise.com/
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