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2015 Top 5 Restaurant Franchises

Family enjoying eating at restaurant

Without a doubt, the industry most tied to franchising in Americans' minds is food. Some of the most popular restaurants out there, including McDonalds, Subway, Chik-Fil-A, and many more, can credit theirmeteoric growth to the skill of theirfranchisees.

Depending on where you live, you may even know the local franchisee for these restaurants. In all likelihood, they’re fairly well-off financially, as getting involved in these food franchises has been a major monetary boon for these families, with steadily growing revenue streams.

If you’re interested in becoming a restaurant franchisee in 2015, here are 5 franchises that you should definitely consider opening:

Zoup! Fresh Soup Company – Zoup! is leading the integration of two of the more popular trends in restaurant these days, fast-casual style and soup. With each location offering at least 12 fresh recipes every day, customers keep coming back! Zoup! has already been featured in Fast Casual Magazine, INC, and a number of other national news outlets.

Fresh U – Fresh U is a new restaurant franchise headquartered right outside of NYC in Hoboken, NJ. With a focus on fresh ingredients, Fresh U is really taking advantage of the market’s desires. In addition, Fresh U has launched an app that streamlines the ordering and loyalty process, so customer service is slick!

Dickey’s Barbecue Pit– Started way back in 1941, Dickey’s BBQ provides some of the tastiest food available in franchising. Customers rave about how Dickey’s barbecue can turn any day into a good one. Plus, Dickey’s has a retail component, selling cookbooks and BBQ sauce, so there’s an alternative revenue stream for new franchisees.

BGR The Burger Joint – A burger is a burger is a burger. Right? Wrong! BGR The Burger Joint is out to prove that serving a quality hamburger can make all the difference! While other franchises may not focus on their burger offering, BGR is really the best burger out there. And customers absolutely love it!

Marble Slab Creamery – Ok. It may not be an actual restaurant, but Marble Slab Creamery is an industry leader in ice cream. Being one of the first to master the “mix-ins” for ice cream, each customer truly gets a unique item that makes them happy. Given that over 90% of U.S. households consume ice cream, Marble Slab franchisees see a constant revenue stream (even during the winter!)

If you’re interested in finding franchises looking for new owners in your area, click here to take our franchise matching quiz now!

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Starting your own business can change your life in many ways for the better, but potentially also in some ways for the worse. The lack of stability compared to a 9-to-5 job can lead to new stresses, including those on your existing relationships. These are five ways starting a new business can affect your marriage, or really, your entire family.

Quantifying Yelp's Impact on the Restaurant Industry

Luca studied the effects of Yelp ratings on the revenue of restaurants and discovered several interesting findings. Studying the relationships of restaurants' revenues to their Yelp reviews in Seattle over a period from 2003 to 2009, he found a significant relationship between a restaurant’s average rating and revenue. One star’s worth of improvement on Yelp leads, he found, on average to an increase of between 5 and 9 percent in revenue. The average rating is more important than the review, as many Yelp users are overwhelmed by the sheer number of reviews on manyrestaurantpages and find it easier to consult the star rating. Luca also found two features which exacerbate the effect on revenue Yelp has. First, the more reviews a restaurant has, the more impact an increase in its Yelp rating will have on its revenue. Second, the more reviews by Yelp “elite” members, the more impact; “elite” reviews have almost twice as much impact as other reviews.