Identify the perfect franchise for you! Take our short quiz Find your franchise match!
Identify the perfect franchise for you! Take our short quiz Find your franchise match!

5 Fast Growing Franchises in 2015

Which franchise should you open? There are a lot of factors that go into that decision, but one criterion that you absolutely have to consider is how quickly that franchise is growing. You can imagine what it would have been like to open a McDonald’s way back in the 60’s or 70’s, seeing that it has turned into one of the most successful franchises of all time.

If you’re interested in opening up a franchise that’s fast growing in 2015, we recommend checking out one of the following franchises:

1. Jimmy John’s

With over 2,000 locations already, Jimmy John’s can’t open fast enough! While the sandwiches they produce are simple, customers absolutely love their quality, consistency, and speed. The average annual sales for 2013 was $1,470,812, which leads to unbelievable profits for franchisees. Jimmy John’s is only getting bigger, and fast!

2. Big Cat

Ever heard of an electric bike? No? That’s because they aren’t as big in the U.S. as they are all over the world. In Europe in 2014, there were an estimate of 1.4 Million electric bicycles sold, and Big Cat is leading the charge in bringing electric bikes to the U.S. If you want to be on the cutting edge of transportation in the U.S., you have to check out Big Cat.

3. Cruise One

Americans absolutely love going on cruises. This is a fact. Cruise One is a fast growing franchise that’s taking advantage of this fact, where franchisees help customers plan the cruise of their dreams. With over 900 franchises already around, the current franchisees can tell you how popular their product really is! As the economy continues to recover and Americans have more money to travel, Cruise One is poised to take advantage!

4. Fleet Services International

I bet you didn’t know that the automotive aftermarket is the second largest franchise category, only to the food franchise business. Corporations and the government are in desperate need of organized and qualified maintenance, and Fleet Services as at the forefront of the industry. Having partnered with Richard Petty, the brand recognition is off the charts!

5. Doc Popcorn

It may have flown under the radar, but the Doc Popcorn franchise was actually acquired by the Dippin’ Dots franchisor in 2014. That means that it now has the full force of the Dippin Dots franchise behind it driving their growth. Snack food is exploding! As Americans are out and about more frequently, Doc Popcorn brings a tasty treat right to them. You may see a Doc Popcorn in every shopping mall you visit by the end of the year!

Picking the right franchise for you is a very important process. We recommend checking out a number of different options before settling on two or three to explore very deeply.

If you’re interested in any of the franchises above, click on their name and read even more about them.

If you’re thinking about opening a franchise and want to be matched to opportunities looking to open in your local area, click here and take our brief quiz and we’ll help figure out which franchises are rigt for you!

Steps to improve the franchisee's profitability

Topics to be covered in this strategic audit should include at a minimum these ten (10) items:

It's Almost Here! The International Franchise Expo Starts Tomorrow

It’s almost here. The 2015 International Franchise Expo at the Javits Center in NYC that is. For those of you who don’t know about the IFE, it’s the largest franchise expo of its kind. More than 450 franchises are descending into New York City for the weekend to try to convince potential franchisees to open new businesses. There’s more than just that though - the expo also features a number of free seminars and in depth conferences.

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.