Investing in franchises in the United States is an attractive option for many entrepreneurs due to its proven business model and the ongoing support of the parent company. In this article, we’ll explore the most profitable investments within the franchise segment by 2024, highlighting the opportunities that offer the best return on investment.
Before moving forward, press Play the video that we share below, where we introduce you to the five largest franchises in terms of gross sales in the country, which reveals a panorama of what it can be like to achieve the dream of operating a truly profitable franchise:
- KBP Brands – Headquartered in Leawood, Kansas, this group has more than 1,000 units across the United States, including Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut. In 2023, its turnover was 1,436 million dollars in gross sales.
- Sun Holdings – Based in Dallas, Texas, this franchise giant reported $1.59 billion in gross sales. It owns an impressive number of franchises, including 220 Arby’s, 210 Papa John’s, and 131 Applebee’s.
- Carol’s Restaurant Group – From New Jersey, this group reached $1.7 billion in sales, with more than 1,000 Burger King and Papa John’s franchises.
- Danani Group – Headquartered in Sugarland, Texas, Danani Group generated $1.732 billion in gross sales. It controls more than 500 Burger Kings and 388 Pizza Huts, among other restaurants.
- FLN Restaurant Group – The absolute leader in sales, with $4 billion in gross sales last year. This group operates 944 Pizza Huts, 439 Applebee’s, 292 Taco Bells, and 189 Wendy’s.
As we can see, the numbers are impressive, and all these great franchisees started with a single franchise. This is a clear example of how, through the right strategy and investment in profitable franchises, it is possible to achieve a high level of success in the corporate world of the United States.
However, it is no coincidence that most of the franchisees with the highest turnover in the United States are from the restaurant sector. Businesses such as KFC, Taco Bell, Papa John’s and Applebee’s dominate the top positions thanks to their large sales volume. However, this sector is not the only one that presents profitable opportunities in the country. There are other industries with great potential for investors looking to diversify their portfolio. Read on to find out:
Fitness Franchises
The fitness industry has seen exponential growth in recent years, and franchises are no exception. Companies like Orange Theory Fitness and Anytime Fitness offer attractive investment opportunities.
Orange Theory Fitness, with its science-based training model, has captured a large customer base and continues to expand rapidly.
Cleaning Services Franchises
Cleaning service franchises also represent a profitable investment. Companies such as Merry Maids and offer both residential and commercial cleaning services, with a business model that ensures recurring revenue and stability. These franchises require a moderate initial investment and offer a relatively quick return on investment.
Personal Care Health Franchises
The personal care and health sector also presents interesting opportunities. Franchises such as Massage Envy and The Joint Chiropractic have shown steady growth due to the increasing demand for wellness services. Not only do these franchises offer essential services, but they also benefit from the growing awareness of health and wellness in the population.
Education Tutoring Franchises
The education sector, especially tutoring franchises, has seen a boom, driven by parents’ growing concern about their children’s academic performance.
Companies like Kumon and Mathnasium offer structured mentoring programs and have shown a high success rate and satisfaction among customers.
Invest in America’s Most Profitable Industries
Investing in franchises in the United States in 2024 presents a great opportunity for entrepreneurs looking for a secure and stable return on investment. Industries such as fast food, fitness, cleaning services, personal care, and education offer proven and profitable business models .
When selecting a franchise, it is crucial to consider factors such as the initial investment, the support offered by the franchise, and market demand to ensure a successful and sustainable investment. For specialized franchise advice, contact us today.
