Our partners cannot pay us to guarantee favorable reviews of their products or services. What Does It Cost To Buy A Franchise Visit their website to learn more about franchising. Rather, they only offer blowouts that follow their catchy tagline: Wash. Estimated total initial investment: $1.3 million to $2.4 million. 14 Best Food Franchise Opportunities - NerdWallet This influences which products we write about and where and how the product appears on a page. Our partners cannot pay us to guarantee favorable reviews of their products or services. Have fun browsing the many franchises available in your State and request free information from those that interest you the most! The total investment cost can range from $1,391,820 to $1,774,210, making this restaurant franchise on the pricier side. In order for your application to be considered, you need to have at least $500,000 in accessible, liquid capital. Moreover, Fuddruckers has earned some impressive rewards, including 2010: Better Burger in R&I Magazine Menu Trends and making the Franchise Times Top 200 list. To become a franchise partner with Phenix Salon Suites, you can expect a total investment range of $300,925 to $1,380,050. https://www.nerdwallet.com/article/small-business/best-franchises This gym franchise focuses on offering group workouts as well as solo workout equipment. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Read More . We wish you all the best in finding a great franchise to buy! Many entrepreneurs choose to take advantage of a business loan, including SBA loans, business lines of credit, term loans and equipment financing. However, this does not influence our evaluations. Franchise Opportunities For Sale Near Me Available in USA You can learn more by visiting their website. To find out more, you can request more info about owning an Auntie Annes franchise either by text, email or phone. Assistant Assigning Editor | Small-business finance, personal finance. Here is a list of our partners. can be pretty steep. Phenix Salon Suites was founded in 2007 by Jason and Gina Rivera in Colorado Springs and was featured on Entrepreneurs Top 500 Franchise list four times. 36W340 Huntley Rd, Dundee, IL 60118 | MLS# 11442305 | Redfin NerdWallet's ratings are determined by our editorial team. If youve been dreaming of opening a restaurant, you may have come across franchising in your research. Other than being the mastermind behind such beloved ice cream flavors as Cherry Garcia and Phish Food, Ben & Jerrys is one of the most philanthropic franchises in the country. FranchiseOpportunities.com offers great franchises and business opportunities for sale in all 50 U.S. States. Also note that some companies offer internal financing, as well as discounts for certain types of business owners (such as women, veterans and more). MY SALON Suite was ranked sixth on Entrepreneurs Top New Franchises in 2017. Were pretty positive this is a name you know. Initial franchise fee: $30,000. If youre ready to bring delicious Mediterranean food to your customers, apply to be a franchisee through their website. Also, interested franchisees should expect to have a net worth of at least $7.5 million and $3 million in liquid assets. Another Broken Egg serves your traditional breakfast itemspancakes, omelets, etc.but also caters to the more adventurous foodies with crab cake benedict and chilaquiles. On their website, they recommend that you have a company net worth of at least $6 million, as well as real estate experience. WebFranchises For Sale Near Me; Green Franchises; Halal Franchises; Useful; Franchise Opportunities Worldwide; Add your franchise; Testimonials; How much does Huntington Learning Centers franchise cost? Estimated total initial investment: $525,525 to $2.8 million. These food franchises range from full-service restaurants to specialty stores to grab-and-go establishments. Franchisees should have at least $250,000 in liquid assets, a net worth of $1 million and can expect an initial investment of up to $180,000. Many or all of the products featured here are from our partners who compensate us. , so make sure you weigh the pros and cons before moving ahead. If you want to be the first to bring a Cinnabon to Vermont, Maine or Rhode Island, or if you just want to make more cinnamon buns available to more people in your state (because theres no such thing as too many cinnamon buns), owning a Cinnabon franchise is the way to do it. Ben & Jerrys also prefers that their franchisees have a college degree or higher, though this isnt necessarily a make-or-break element of your application. Pre-qualified offers are not binding. WebThe Bridge Teen Center. Go. Since their founding, this franchise has expanded to over 130 locations in Canada and the United States. Wow Bao does not offer any single unit franchisesfranchisees must apply with at least a three-unit commitment. Few fitness franchises are as hot right now as Anytime Fitness. Initial franchise fee: $37,500 to $51,500. If you want a barbershop with a luxurious atmosphere and a complimentary cocktail, coffee, or beer with every haircut, Scissors & Scotch is a good match for you. Estimated total initial investment: $357,000 to $2.2 million. Currently, Cinnabon operates locations in all but three states across the country. How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Funding, SBA Loan Overview: Types, Pros and Cons, How to Apply. Their Ben & Jerrys Foundation, for instance, is an employee-led organization that aims to engage in local community work and support grassroots social justice organizations and movements. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. How to Apply for and Get a Business Loan in 5 Steps, Small-Business Grants: Where to Find Free Funding, SBA Loan Overview: Types, Pros and Cons, How to Apply. Like most franchisors, Dunkin doesnt offer financial assistance outright, but they can ease some of the financial burden through development incentives for certain franchisees, such as those who plan to open several restaurants. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Founded in 1954, Taco Bell is one of the oldest and most popular Mexican-inspired fast-food restaurants in the world and with over 7,000 restaurants located across the country, theres a good chance you can pursue a franchise opportunity with the chain in your area. The lease marks an expansion Disclaimer: NerdWallet strives to keep its information accurate and up to date. Initial investment: $286,000 to $2,110,230. Johnny Rockets opened their first restaurant in 1986 in Los Angeles, California, and has since expanded its reach to 25 countries. Youll get to follow a proven business model that is stress-free and easy to replicate. Operating costs are low, and name recognition is high so high, in fact, that there are currently 4,000 locations worldwide. Food franchise opportunities range from full-service restaurants to specialty stores to grab-and-go establishments. Eventually, there comes a point in time when people get sick of endlessly searching franchise businesses for sale near me. When evaluating offers, please review the financial institutions Terms and Conditions. To learn more about the various investment costs and to become a franchisee, you can check out their website. Our partners compensate us. Their franchises make it easier for local hardware stores to remain competitive against mega-stores by way of their cooperative structure and store-brand products. Any gearhead, DIY aficionado, mechanic, or professional contractor will tell you that few tool brands have as high a reputation for quality and even a cult following as Snap-On does. A Rise franchise is available for sale for $35,000 as the franchise fee and $420,500 to $598,500 as of the initial cost for three combined restaurants. Their team will help you secure the ideal location and will analyze the local area and demographics. Franchises Estimated total initial investment: $173,660 to $373,450. Tyree & D'Angelo expands Illinois Center office in downtown Assistant Assigning Editor | Small-business finance, personal finance. Starting a restaurant franchise often demands a significant investment in the form of franchise fees. WebA franchise fee of $35k is required. Even if you feel youre lacking, their extensive on-the-job training program will fill in any knowledge gaps you might have. Here is a list of our partners and here's how we make money. Lead Assigning Editor | Small business finances, investing, banking. The low investment threshold and net worth requirement also make Snap-On a promising option for would-be owners that arent flush with the kind of cash needed to sign on with other franchise businesses. Rent-A-Center has the franchise fee of up to $35,000, with total initial investment range of $355,392 - $565,190. Ace Hardware is an excellent franchise prospect for providing an antidote to the big-box home improvement store experience, which is typically marked by unhelpful staff and overwhelming product choices. Since theres already a strong corporate and management framework in place as well as guidelines around everything including marketing, merchandising and production, owning a franchise can be a great choice for some. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Franchising since: 1992. It dominated the segments of fashion and footwear segment. WebLet's talk. Today, Kumon Math and Reading Centers help students learn critical math and reading skills that prepare them for more complex concepts later on in their education. Franchise Fee: This amount can vary, depending on the franchise, but the average amount is typically $20,000 or $50,000, according to the Small Business You can learn more about this franchise opportunity on their website. This franchise is empowering salon entrepreneurs and professionals to build their businesses and increase their income by at least 40%. In this guide, were listing some of the top restaurant franchise opportunities to consider. Saladworks focuses on offering a healthier alternative to traditional fast food and burger joints with their king salads, sandwiches, and pinwheel wraps. Read their franchise agreement carefully you should also run this past an attorney. We believe everyone should be able to make financial decisions with confidence. Our opinions are our own. You can learn more by visiting their website. NerdWallet strives to keep its information accurate and up to date. Founded in 2012, this chain has been expanding its locations in California, Georgia, South Carolina, and more. The first step is to look closely at each franchises investment requirements and whether youre financially capable of those investments. He has covered financial topics as an editor for more than a decade. Their success is largely due to their traditional mens barbershop experiences. They have amazing opportunities for franchise owners, too in fact, one of their most successful owners, Dawn Lafreeda, started out as a server at the restaurant. Of course, there are both advantages and disadvantages to consider. WebThe total investment necessary to begin operation of a Centro franchise is approximately $24,250 to $310,150 for conversion of an existing clinic to the Centro system. WebDundee Township and all other Illinois Townships are required by the State of Illinois to levy taxes and to administer a general assistance program for their residents. Since then, this franchise has rapidly expanded to 50 franchise stores in 1998 and now over 1,800 franchise stores today. The initial Panera Bread has developed a loyal customer base with its freshly baked cookies and pastries, delicious salads, and hearty soups. Finally, their Johnny Rockets Kiosks are compact enough to serve customers in high-traffic areas, like amusement parks. At a minimum, prospective Pizza Hut franchisees need to have $700,000 in net worth, $350,000 in liquid assets and a strong credit report. WebHome Find Franchises For Sale Near Me Find Franchises For Sale Near Me Are you interested in starting a franchise but don't want to venture out too far away from home? Mobile and home-based businesses tend to be the cheapest, while full-service restaurants and hotels are some of the most expensive. Before joining NerdWallet, he served as senior editorial manager of QuinStreet's insurance sites and managing editor of Insure.com. The Melting Pot. Financial requirements vary according to your location and the type of Baskin-Robbins store youre interested in buying (either a traditional storefront or a non-traditional location, like a kiosk). So how do we make money? But what they all have in common is incredible (and in some cases legendary) brand strength, a proven support system for their franchisees and many years worth of successful franchising experience. If youre inspired to become a Dennys success story in your own right, youll first need to have $500,000 in liquid capital and $1 million in net worth a pretty tough threshold. As Americas Diner, Dennys is one of the countrys best-loved fast-casual restaurants. Saladworks was founded in 1986 by John Scardapane and has expanded to over 80 locations in New Jersey, Virginia, Texas, and more. As the name suggests, this salon is dedicated to delivering haircuts that are both affordable and quick. Perhaps most importantly, you have to like and trust your potential franchisor. To see if youre the right fit for Blo Blow Dry Bar, visit their website. Brothers Mark and Bob Johnston discovered the potential of this little restaurant, and in 1985, they purchased the brand to begin The Melting Pot Restaurants, Inc. franchise. When opening your own restaurant franchise, you enter an industry that enjoys year-round demand and is relatively recession-resistant. What Does It Cost To Buy A Franchise? - Forbes Sonic is an American fast-food staple with unmissable branding, mostly fueled by their drive-in style of service and unique soft drinks. Once you make your decision, check out your hair salon financing options to help you get the startup capital you need to make your hair salon franchise dreams a reality. If youre not, look into whether the franchise offers financial incentives, as well as your qualifications to seek outside franchise financing. Estimated total initial investment: $1 million to $2.2 million. The investment varies for each Del Taco location depending on the market you choose. If you want to join a franchise that is dedicated to serving the community and contributing to philanthropic movements, then Great Clips is worth considering. If youre ready to partner with this beloved brand, you can complete a Consideration Request on their website. The initial investment required to buy a Dunkin franchise can be pretty steep. Youll want to consider the total franchise fees youll be expected to pay, what location youre working in, how saturated your market is and more. Since then, they have expanded to over 2,300 bakery-cafes across the United States and Canada. Applicants will also need to present Pizza Hut with a financial plan detailing how theyll grow their location. Franchises Joining a franchise is an excellent option for entrepreneurs who want to follow a proven business plan and gain access to a team of business experts. Do not sell or share my personal information. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Planet Fitness differentiates themselves with their iconic purple and yellow branding, low membership fees and mission to create a welcoming atmosphere for first-time gym members and avid fitness fans alike. Get your hands on this profitable franchise opportunity with simple operations, excellent products, a crave-worthy menu, and high consumer demand. Community Service/Non-Profit. Theyre a brand favorite, serving about two million customers weekly. Buying a Ben & Jerrys franchise is a unique opportunity for similarly aligned business owners to flex both their entrepreneurial skills and their passion for social justice. Franchise The initial franchise fee costs $35,000. Once you add in all the initial costs including training, fitting out the store, opening inventory and more, you could be paying around USD250,000 for a medium sized operation. This single-minded goal has paved the way for them to deliver an extensive burger chain that reaches North, Central, and South America. Franchise fees range from $30,000 to $75,000. Each of these Roosters Mens Grooming Center is a successful franchise under the Regis Corporation umbrella. With 18,431 units under their belt, Pizza Hut is the largest pizza company in the world. Like most franchisors, Dunkin doesnt offer financial assistance outright, but they can ease some of the financial burden through development incentives for certain franchisees, such as those who plan to open several restaurants. This information may be different than what you see when you visit a financial institution, service provider or specific products site. For more information, visit their website to submit an inquiry. And thanks to their popularity both in the United States and the 25+ countries where the pretzel chain is located Auntie Annes franchise locations made $538,175 in average net sales in 2018.