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!
Overcoming Franchise Funding Fears
You want to dip your toe into the waters of business ownership and have decided to jump into a franchise. Maybe you’ve zeroed in on which franchise is right for you or perhaps you’re still exploring the options. Whatever you decide, you’ll need a way to finance the venture, and that can be intimidating. Getting a business loan can be tricky… even as the economy begins to heal. If you’ve got money, banks and credit unions will line up to loan you even more. If you don’t have money? Well, take heart—here are some alternative funding options that can put you at the helm of your own franchise:
How Curves Fitness Centers Became one of the Fastest Growing Franchises Ever
[Gary Heavin, Curves]: Thanks, Matt. I'm glad to be here with you today and with your listeners.
4 Signs a Franchisor May Not Be Around for the Long Haul
A critical part of the due diligence process for prospective franchisees is trying to discern (to the extent reasonably possible) whether the franchisor will be around for the long haul. After all, much of what you pay for in a franchise opportunity is the right to be associated with the franchisor’s brand and system, the right to use the franchisor’s proprietary materials, and in some cases, the right to an exclusive territory. If the franchisor goes out of business, all of these rights go up in the air (if not out the window), and you may well be left in a worse position than if you had just gone into business on your own in the first place.