2015 Top 5 Restaurant Franchises
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!
Protect Your Brand: Trademark Monitoring for Franchisors
Almost all franchisors own at least one federally registered trademark (and if they don’t, they should). As a general principle, brand owners are required to monitor and enforce their trademark rights in order to retain the exclusivity afforded by federal trademark registrations. This takes on additional complexities for franchisors—who need to make sure not only that no one is using their trademarks without authorization, but also that franchisees are making proper use of their marks.
The Franchisee Bill of Rights
On the subject of “fairness” in franchising, we will try to separate the optimists from the pessimists . Hopefully, we will make an optimist out of even the most cynical readers amongst us.
Advanced Franchise Accounting Terminology
Fair warning: If learning about things like GAAP, revenue recognition policies, and the intricacies of cost vs. expenses makes your eyelids droop, feel free to skip over to the next article.