- If you're looking for a place to start, Entrepreneur magazine compiles a list of the top 500 franchises in the US every year.
- Here are this year's top 10 franchises on Entrepreneur's 2019 Franchise 500.
- Visit Business Insider's homepage for more stories.
ADVERTISEMENT
The top 10 franchises in America in 2019
Buying a franchise is a personal decision people make based on a number of factors.
mcdonalds employee customer soda
ADVERTISEMENT
What is the best franchise to buy?
According to experts, it depends on what you're looking for. But, Entrepreneur magazine has a good list to start your search.
Entrepreneur recently released its annual Franchise 500 list. The list analyzes factors including costs and fees, growth opportunity, franchisor support, and brand strength to calculate which franchises are top picks for potential franchisees.
ADVERTISEMENT
Franchise industry expert Joel Libava warns against taking the Franchisee 500 and other similar lists as pure instruction. For example, someone with little experience or interest in food service would be ill-suited to open a McDonald's franchise.
"Use [lists] as a good starting point, but don't look at them just because this publication said there are top franchise. ... You need to do the homework, because the top franchise for Entrepreneur magazine may not be a top franchise for you," Libava said.
However, lists like the Franchise 500 can serve as a good jumping-off point for people looking into franchising. Investment includes franchise fees and startup expenses like real estate and supplies.
Read on for Entrepreneur's take on the top 10 franchises in the US in 2019.
10. 7-Eleven
ADVERTISEMENT
BusinessInsider USA Images
Courtesy of 7-Eleven
Investment required: $47,000 to $1.2 million
9. Jersey Mikes Subs
BusinessInsider USA Images
ADVERTISEMENT
Andy Cross/The Denver Post via Getty Images
Investment required: $237,000 to $767,000
8. Great Clips
BusinessInsider USA Images
Photo by Lewis Geyer/Digital First Media/Boulder Daily Camera via Getty Images
ADVERTISEMENT
Investment required: $137,000 to $258,000
7. Planet Fitness
BusinessInsider USA Images
AP/Richard Drew
Investment required: $970,000 to $4.2 million
ADVERTISEMENT
6. Culvers
BusinessInsider USA Images
Lydia Ramsey/Business Insider
Investment required: $2 million to $4.7 million
5. The UPS Store
ADVERTISEMENT
BusinessInsider USA Images
Flickr/Mike Mozart
Investment required: $169,000 to $398,0000
4. Taco Bell
BusinessInsider USA Images
ADVERTISEMENT
Hollis Johnson/Business Insider
Investment required: $525,000 to $2.6 million
3. Sonic Drive-In
BusinessInsider USA Images
Hollis Johnson/Business Insider
ADVERTISEMENT
Investment required: $865,000 to $3.6 million
2. Dunkin
BusinessInsider USA Images
Business Insider/Jessica Tyler
Investment required: $229,000 to $1.7 million
ADVERTISEMENT
1. McDonalds
BusinessInsider USA Images
Irene Jiang / Business Insider
Investment required: $1.1 to $2.2 million
See Also:
ADVERTISEMENT
- Pillsbury is joining Aldi and King Arthur Flour in recalling flour amid E.coli concerns
- Experts say these are the biggest mistakes retailers make when merging their store and online experience
- Target cash registers across America crashed for 2 hours, creating massive lines of frustrated customers in 'The Great Target Outage of 2019'
SEE ALSO: We tried Hard Rock Cafe's new 24-karat gold leaf burger, and we're not convinced it's better than a normal burger
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Congo is spending 22% of its scarce revenue on security - Minister
Another African country is set to get a Russian embassy
Medic West Africa 2024: A resounding success in fostering collaboration and innovation for a brighter healthcare future
10 African countries with the most troubling external debt in 2024
10 African countries with the least soft power influence over the world
Kenyan government rejects calls to ban TikTok, recommends tighter control over
Congo accuses Apple of conflict minerals in its supply chain
Top 10 African countries with the highest fuel prices in April 2024