Top Franchise Businesses of 2024
Explore this year's top-performing franchises according to our 2024 sales index:
TruBlue Home Service Ally
TruBlue is working to ease the burden of home upkeep for busy families and seniors aging-in-place through senior modifications, home maintenance, handyman services, and ongoing maintenance programs. Our franchisees have the opportunity to run a successful franchising business while making a difference in their communities. Learn more today!
Cash Required: $50,000
Category: Home Services & Repair Franchises
Caring Transitions
Caring Transitions is a low-cost, home-based franchise that allows you to help older adults and their families with major transitions. Rather than concentrate on one service, we focus on the full needs of our clients in this time of transition. By meeting all of their needs we exceed their expectations while maximizing revenue for our franchisees. 75 million seniors need home relocation, downsizing, and estate sales services. Join one of America’s fastest-growing senior service franchises.
Cash Required: $50,000
Category: Healthcare & Senior Care
Aire Serv
Aire Serv is an award-winning HVAC franchise, but you don't need technician experience to be an owner. Operating within a growing and recession-resilient industry that provides in-demand services, franchise owners enjoy an executive ownership model with personalized corporate support, protected territories, and an easy-to-follow system. Inquire to learn more about Aire Serv and your path toward a flexible and fulfilling lifestyle!
Cash Required: $50,000
Category: Home Services & Repair Franchises
Fresh Coat Painters
Fresh Coat is North America’s leading high-volume interior painting company. Be the boss - don’t paint! Build an organization in an industry with high income potential. Fresh Coat is a turn-key franchise offering high profit margins and low start-up costs. Inquire now to learn more.
Cash Required: $50,000
Category: Home Services & Repair Franchises
Browse Franchises by Category
Whether you have the perfect niche in mind or simply want to explore franchise opportunities across various industries, you can quickly navigate between listings by category and industry below:
Why Buy a Franchise?
Owning your own business can allow you to build wealth independently while gaining more control over your work-life balance, schedule, and future. But starting a business from scratch can be difficult, posing many challenges. Franchises, however, allow you to start a business with the groundwork already laid out for you. Buying a franchise is a turnkey business opportunity allowing you to take advantage of a proven business model, existing client base, training, and many resources to help you start, manage and grow your business.
Choosing the Best Franchise for You
Before purchasing a franchise, it's important to perform your due diligence. Some considerations to keep in mind when choosing the best franchise opportunities for you include:
- Budget. What is your current budget for startup, and what projections for revenue will the franchise offer? Franchises can be bought for less than $10,000 all the way up to $1 million+, with plenty of great opportunities between.
- Niche. When deciding on a niche, it's important to research demand for various industries, past performance, and future outlook. You should also take into account your personal interests, knowledge and skill set if you plan to be directly involved in the management of the business.
- Location. Depending on the industry, location can be critical for success. Visibility, parking availability, local competition and accessibility can make or break a restaurant or retail business, for instance.
- Personal Involvement. How involved do you want to be personally with the business? If you have little experience in the industry, will the franchise provide you with training and resources to get you started?
- Franchise Success. How successful have other franchise owners been in the past? What are projections for revenue and costs both in the short-term and long-term?
Financing Your Franchise Purchase
While some individuals purchase franchises with cash, this is not always viable. The good news is that there are several options for financing your franchise purchase, including traditional financing, SBA-backed loans, retirement account transfers, and more. Read our financing guide for more information.
Franchise News & Information
Read our blog to get the latest scoop on emerging franchises, industry trends, and franchise success tips.
Interested in being your own boss but not sure how to get started? Maybe you should consider why you should start a franchise. A franchise is a way to secure yourself a turnkey career as your own boss.
If you want the day-to-day experience of running and growing a business without facing overwhelming uncertainty alone, starting a franchise might be the best move for you. You can also explore the advantages of franchising or more specifically the advantages of franchising in the restaurant industry.