Best Franchises to Own for Beginners
Starting a new business can be a rough experience, especially for beginners. However, owning a franchise business can provide a solid foundation for entrepreneurial success. There are hundreds of franchises to own and start a business partnering with a big brand. So the question is “What are the best franchises to own?”
Franchising involves an agreement between a franchisor (the parent company) and a franchisee (the individual owner) where the franchisee pays a fee for the right to use the franchisor’s business model and trademarks.
In this comprehensive guide, we’ll explore some of the best franchises to own for beginners, including iconic brands like Domino’s, McDonald’s, Subway, Papa John’s, Burger King, 7-Eleven, Pizza Hut, Starbucks, Dunkin’ Donuts, KFC, Taco Bell, Marriott, Circle K, The UPS Store, Baskin Robbins, Kumon, Hertz, Dairy Queen, GNC, and CVS.
Benefits of Owning a Franchise Business
Owning a franchise business has many benefits against starting your own brand or a new brand. Franchise businesses offer a unique opportunity for entrepreneurs to leverage established brands and proven business models while enjoying numerous benefits that come with ownership. Let’s delve into the advantages and benefits that make owning a franchise business an attractive option.
1. Flexibility and Control
Owning a franchise provides a balance between independence and support. While franchisees have the freedom to manage their business, they also benefit from the guidance and support provided by the franchisor.
2. Established Brand Recognition
One of the most significant advantages of owning a franchise is access to a well-known brand with a loyal customer base. This brand recognition can significantly reduce the time and resources needed to build a customer base from scratch. This is a great advantage of the best franchise to own for beginners.
3. Training and Support
Franchisees receive comprehensive training and ongoing support from the franchisor, covering areas such as operations, marketing, and customer service. This support can help new owners navigate the challenges of starting and running a business.
4. Access to Financing
Franchise businesses often have easier access to financing compared to independent startups. Lenders are more willing to finance franchisees due to the proven success of the franchisor’s business model.
5. Proven Business Model
Franchise systems are built on proven business models that have been tested and refined over time. This reduces the risk associated with starting a new business and increases the likelihood of success.
6. Marketing Assistance
Franchisees benefit from collective marketing efforts coordinated by the franchisor. This includes national advertising campaigns, promotional materials, and marketing strategies designed to attract customers and drive sales. Due to the marketing assistance, the franchise business has a huge advantage over other store businesses.
7. Operational Support
Franchisors provide ongoing operational support to franchisees, including assistance with inventory management, technology implementation, and day-to-day operations. This support helps ensure consistency and efficiency across all franchise locations.
8. Network of Fellow Franchisees
Franchisees become part of a network of fellow entrepreneurs who share insights, experiences, and best practices. This community provides a valuable support system and fosters collaboration among franchise owners.
9. Easier Expansion
Franchise businesses have a streamlined process for expansion, allowing franchisees to open multiple locations more efficiently than independent entrepreneurs. This scalability offers opportunities for growth and increased profitability.
10. Reduced Risk
The established systems and support provided by franchisors help mitigate many of the risks associated with starting a new business. Franchisees benefit from the experience and expertise of the franchisor, reducing the likelihood of failure.
11. Access to Innovation
Franchise systems often invest in research and development to stay ahead of industry trends and consumer preferences. Franchisees benefit from access to new products, services, and technologies that can enhance their competitive advantage.
12. Work-Life Balance
Owning a franchise can provide a better work-life balance compared to traditional employment or independent entrepreneurship. Franchisees have more control over their schedule and can delegate tasks to employees, allowing them to spend more time with family and pursue personal interests.
Now, as we know there are lots of benefits of owning a franchise business. let’s see what are the best franchises to own.
List of Best Franchises to Own for Beginners
There are thousands of franchise businesses available to start a new venture. But we have gathered a lot of data and shortlisted the top 20 best franchises to own for beginners.
1. Domino’s Pizza Franchise
Number of stores: 20000
Number of countries: 83
Domino’s Pizza is one of the best franchises to own for beginners. Domino’s Pizza has been a staple in the pizza industry for decades, known for its delivery expertise and innovative menu offerings. Domino’s Pizza isn’t just a pizza chain; it’s a global brand synonymous with quality, convenience, and innovation.
Domino’s success is built on a solid foundation of operational excellence and customer satisfaction. The Domino’s franchise system provides franchisees with a well-built business model that encompasses everything from store operations to marketing strategies.
With thousands of locations in over 80 countries, Domino’s enjoys a global presence that few other pizza chains can match. While the initial investment may vary depending on location and size, the potential for profitability in the pizza business is significant.
2. McDonald’s Franchise
Number of stores: 41285
Number of countries: 119
McDonald’s is one of the most recognizable brands globally, with a proven franchise model that has stood the test of time. McDonald’s is not just a household name; it’s a cultural icon. With thousands of locations spanning across the globe, McDonald’s enjoys outstanding brand recognition. As a franchisee, you benefit from this widespread popularity, making it easier to attract customers and drive sales.
McDonald’s is committed to the success of its franchisees, providing extensive training and support at every stage of the journey. From initial training programs to ongoing operational support, McDonald’s equips franchisees with the knowledge and resources they need to thrive. Whether it’s mastering the art of customer service or optimizing kitchen efficiency, McDonald’s ensures that franchisees are well-prepared for success.
Without a doubt, it is one of the best franchises to own.
Investing in a McDonald’s franchise is more than just a business opportunity; it’s a chance to become part of a global phenomenon. With its iconic brand, established business model, and complete support system, McDonald’s offers franchisees whatever they need to succeed in the fast food industry. All these benefits make McDonald’s the best franchise to own for beginners.
3. Subway Franchise
Number of stores: 37000
Number of countries: 102
Opening a Subway franchise presents a great opportunity for aspiring entrepreneurs. With its iconic brand, proven business model, and widespread presence, Subway offers numerous advantages for franchise owners. Let’s explore why investing in a Subway franchise could be a smart move.
Subway is the world’s largest submarine sandwich chain, offering fresh and customizable sandwiches to customers worldwide. Subway is a globally recognized brand with over 37,000 locations in more than 100 countries. This is why we call it one of the best franchises to own. Its distinctive logo and renowned “Eat Fresh” slogan have become synonymous with healthy and customizable fast-food options.
Investing in a Subway franchise provides a unique opportunity to become part of a globally recognized brand with a proven track record of success. With its established brand, best business model, extensive training, and ongoing support, Subway offers franchisees the tools they need to thrive in the competitive restaurant industry.
4. Papa John’s Franchise
Number of stores: 5706
Number of countries: 43
Papa John’s is known for its quality ingredients and commitment to customer satisfaction. Papa John’s is committed to using high-quality ingredients and innovative recipes to create delicious pizzas and menu offerings. Franchisees can take pride in serving products made with fresh, flavorful ingredients that keep customers coming back for more. This makes it one of the best franchises to own.
With over 5,000 locations worldwide, Papa John’s offers ample opportunities for franchise growth and expansion. Whether you’re looking to open multiple locations or enter new markets, Papa John’s provides the support and resources you need to achieve your business goals.
In conclusion, investing in a Papa John’s franchise offers numerous benefits, from brand recognition and comprehensive support to growth opportunities and financial stability. If you’re looking for a rewarding business opportunity in the thriving pizza industry, Papa John’s could be the perfect fit for you.
5. Burger King Franchise
Number of stores: 18700
Number of countries: 105
Burger King is a global fast-food giant, offering flame-grilled burgers and other classic menu items to hungry customers. Burger King operates thousands of restaurants in countries around the world, giving franchisees access to a global network of support and resources.
Burger King is known for its innovative menu offerings and commitment to quality ingredients. As a franchisee, you have access to a diverse range of menu items, including burgers, fries, chicken sandwiches, and breakfast options, allowing you to cater to a wide range of customer preferences and attract repeat business.
Overall, owning a Burger King franchise offers the opportunity to become part of a well-established brand with a proven track record of success. With comprehensive training and support, menu innovation, marketing support, and a global presence, Burger King franchisees have the tools they need to thrive in the competitive fast-food industry. It is very clear that Burger King is one of the top-rated franchise opportunities.
6. 7-Eleven Franchise
Number of stores: 84500
Number of countries: 19
7-Eleven is the world’s largest convenience store chain, offering a wide range of products and services. 7-Eleven is a globally recognized brand known for its convenience and accessibility. With thousands of locations worldwide, the 7-Eleven brand has built a strong reputation for quality products and convenience, making it a trusted choice for consumers.
One of the key advantages of owning a 7-Eleven franchise is the opportunity to operate your store 24 hours a day, seven days a week. 7-Eleven stores offer a wide selection of products, including snacks, beverages, groceries, and household essentials. 7-Eleven is committed to staying at the forefront of technology and innovation, continually investing in new tools and systems to streamline operations and enhance the customer experience.
7-Eleven is a financially stable company with a long history of success in the convenience store industry. By partnering with 7-Eleven, franchisees benefit from the company’s strong financial backing and stability, reducing the risk associated with starting a new business.
7. Pizza Hut Franchise
Number of stores: 19034
Number of countries: 107
Pizza Hut is a leading pizza restaurant chain, known for its delicious pizzas, pasta dishes, and wings. Investing in a Pizza Hut franchise offers numerous benefits that make it an attractive opportunity for entrepreneurs looking to enter the restaurant industry.
Pizza Hut is one of the most well-known and respected pizza brands globally. With a history dating back to 1958, Pizza Hut has built a strong reputation for quality, taste, and innovation, making it a trusted choice for pizza lovers around the world.
Pizza Hut is a leader in the pizza segment of the quick-service restaurant industry, with a large and loyal customer base. By joining the Pizza Hut family, you gain access to a wide customer base and benefit from the company’s strong market position and brand equity.
Pizza Hut provides comprehensive operational support to franchisees, including assistance with site selection, restaurant design and construction, inventory management, and technology implementation. This support helps ensure consistency and efficiency across all Pizza Hut locations.
8. Starbucks Franchise
Number of stores: 38038
Number of countries: 85
Starbucks is synonymous with premium coffee and exceptional customer service, making it a top choice for coffee lovers around the world. Starbucks is one of the most recognizable and respected coffee brands worldwide. Partnering with Starbucks allows you to leverage this strong brand recognition to attract customers and drive sales.
Starbucks is known for its innovative menu offerings and commitment to quality and sustainability. Starbucks has a business model that emphasizes high-quality products, exceptional customer service, and a welcoming atmosphere. By aligning with Starbucks, you gain access to their successful strategies and best practices.
While owning a traditional franchise with Starbucks may not be an option, partnering with the company through its licensed store program can still offer many benefits, including access to a strong brand, a proven business model, comprehensive support, and global reach.
9. Dunkin’ Donuts Franchise
Number of stores: 13361
Number of countries: 42
Dunkin’ Donuts is a leading coffee and baked goods chain, known for its delicious donuts and freshly brewed coffee. Dunkin’ Donuts offers franchisees a variety of store formats to choose from, including traditional restaurants, kiosks, and drive-thru locations. This flexibility allows franchisees to tailor their store to the needs and preferences of their local market, maximizing their potential for success.
Dunkin’ Donuts has a loyal customer base that spans generations. With a diverse menu of coffee, donuts, breakfast sandwiches, and more, Dunkin’ Donuts attracts customers throughout the day, providing franchisees with multiple revenue streams and opportunities for growth.
Dunkin’ Donuts is known for its innovative approach to menu development, regularly introducing new products and flavors to keep customers engaged and coming back for more. As a franchisee, you’ll have the opportunity to offer these exciting new items to your customers, driving excitement and increasing sales.
10. KFC Franchise
Number of stores: 30000
Number of countries: 147
KFC is a globally recognized brand with a rich history and a strong presence in the fast-food industry. Investing in a KFC franchise gives you instant access to this well-established brand, making it easier to attract customers and generate revenue from day one. KFC has a proven business model that has been refined over decades of operation. Franchises can use the company’s extensive experience and expertise in running successful restaurants, reducing the risk of failure and increasing your chances of success.
As part of the KFC franchise system, you’ll have access to a global supply chain that ensures consistent quality and availability of ingredients. This means you can focus on running your restaurant without having to worry about sourcing or logistics issues.
Owning a KFC franchise can be highly profitable, with the potential for strong returns on your investment. The brand’s widespread popularity and loyal customer base, combined with its proven business model and support infrastructure, make it an attractive opportunity for entrepreneurs looking to enter the fast-food industry.
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11. Taco Bell Franchise
Number of stores: 8564
Number of countries: 32
Taco Bell is a leading Mexican-inspired fast-food chain, known for its creative menu items and bold flavors. Taco Bell has a training program for its new franchisees to learn about restaurant operations, from food preparation to inventory management and billing systems. With a focus on value, taste, and convenience, Taco Bell franchises have significant growth potential in today’s fast food market.
12. Marriott Franchise
Number of locations: 8785
Number of countries: 139
Marriott is a global leader in the hospitality industry, offering a wide range of hotel brands to travelers worldwide. Marriot comes with a globally recognized brand. With a focus on exceptional guest experiences and innovative amenities, Marriott franchises offer great prospects for beginners in the hospitality sector. Marriott is yet another one of the best franchises to own
13. Circle K Franchise
Number of stores: 14800
Number of countries: 24
Circle K is an international convenience store chain, offering a broad range of products and services to buyers. As a Circle K franchisee, you’ll benefit from a proven business model, comprehensive training programs, and ongoing support from the corporate team. With flexible operating hours and diverse revenue streams, Circle K franchises are ideal for beginners looking for a stable and profitable business opportunity.
14. The UPS Store Franchise
Number of stores: 5508
Number of countries: 75
The UPS Store is a leading provider of shipping, printing, and business services, with thousands of locations worldwide. The UPS Store teaches all new franchisees about the shipping industry. From package handling to customer service and dispatching to tracking the parcel item, everything to run a successful store is provided by UPS. With a strong brand presence and trusted reputation, The UPS Store offers a bright future in retail shipping for aspiring entrepreneurs.
15. Baskin Robbins Franchise
Number of stores: 8000
Number of countries: 52
Baskin Robbins is the world’s largest chain of ice cream specialty shops, presenting a wide range of delicious flavors to all customers. Baskin Robbins has a dedicated team to execute marketing support and operational guidance. With a focus on quality ingredients and innovative flavor combinations, Baskin Robbins franchises have significant growth potential in today’s market.
16. Kumon Franchise
Number of stores: 24700
Number of countries: 58
Kumon is a leading provider of supplemental education programs, helping students excel academically for over 60 years. Kumon provides all franchisees with extensive training in center operations, from curriculum implementation to student assessment. With a proven educational methodology and strong brand recognition, Kumon franchises offer good opportunities for beginners passionate about education, especially maths and science.
17. Hertz Franchise
Number of stores: 12000
Number of countries: 160
Hertz is a global leader in car rental services, offering a wide range of vehicles to customers in a total of 160 countries. All Hertz franchisees have benefited from extensive training and support programs, operational support, and a well-established brand reputation with easy documentation. With strategic marketing initiatives and innovative rental solutions, Hertz franchises offer significant growth potential for beginners in the car rental industry. If you live near a tourist destination then Hertz is one of the the best franchises to own for you.
18. Dairy Queen Franchise
Number of stores: 7000
Number of countries: 25
Dairy Queen is a beloved ice cream and fast-food chain, known for its iconic Blizzard treats and delicious menu offerings. Dairy Queen provides comprehensive training in all facets of the store’s day-to-day functions, from food preparation to customer service and storing ice cream. With a focus on quality ingredients and exceptional customer experiences, Dairy Queen franchises can be a better choice for owning a franchise especially if like ice cream business.
19. GNC Franchise
Number of stores: 6734
Number of countries: 49
GNC is a global leader in health and wellness products, offering a wide range of vitamins, supplements, and sports nutrition products to consumers. As a GNC franchisee, you’ll benefit from extensive training programs, marketing support, and operational guidance. With a focus on customer health and wellness, GNC franchises have significant growth potential in today’s market. It is one of the most profitable franchise businesses.
20. CVS Franchise
Number of stores: 9674
Number of countries: USA, Puerto Rico
CVC can be considered a top franchise to own. CVS is a leading provider of pharmacy services, healthcare products, and wellness solutions, with thousands of locations around the USA and Puerto Rico. As a CVS franchisee, people receive extensive training in all aspects of shop procedures, from prescription fulfillment to retail management, from stock management to marketing of a new store. With a trusted brand reputation and commitment to customer care, CVS franchises offer lucrative opportunities for beginners in the healthcare sector.
These are the top 20 best franchises to own.