Top 5 New Franchises in the USA worthy of your Attention
Not everyone comes with the knowledge to draft a
profit-generating business plan and chart a map to sales and marketing success.
However, given adequate training and support, you can run a business minus the
hurdles and risks associated with the same and be your very own boss. Making the best out of franchising opportunities presented by brands is one way of getting the
infrastructural support we are talking about. Across the US, many people’s lives have changed
after investing and putting their effort into running a franchise
business.
Running a franchise is easier than establishing and
sustaining a stand-alone business, especially if you have no prior experience
or education in entrepreneurship. The risks of gettingit underway are
significantly low.
The franchise industry in the US is one of the
largest in the world. The top five global franchise brands are alsofrom
America. Encouraged by the favorable conditions of the industry, more brands
are initiating franchises as a way of expanding their operations. On that note,
here are the top five new franchises in the USA that deserve attention from potential
franchisees.
The Flying Locksmiths
Although one of the oldest locksmith services in the
USA, The Flying Locksmiths is comparatively new in the franchise market. The
company started franchising in 2015, and has since opened 91 franchises. At the
moment, the company is aiming to open more across the US. With steady revenue
projections and a 33.8% growth over the last three years, The Flying Locksmiths
is our top pick as a new franchise. The company offers 68 hours of training,
along with ongoing support and marketing assistance against an initial
investment of $183,000 to $428,000 to aspiring franchisees.
Walk-On’s Sports Bistreaux
Launched in 2003, this is a sports-themed restaurant
chain that has been franchising since 2015. With 46 franchise units across
America and counting, the company has displayed remarkable growth of 91.7% in
the last three years. If you are seeking the best franchises to open and invest in, the Walk-On’s Sports Bistreaux
will be right up your alley. They offer extensive training and ongoing support
to franchisees. The initial investment amounts between $1.2M and $4M, with a 7%
royalty fee.
Steamatic
Steamatic is a leading restoration, construction,
and cleaning company that, although based in the US,has a thriving presence in
more than ten countries. Their franchising initiative is relatively new,
considering their business is more than 50 years old. The initial investment
for the franchise is a minimum of $125,000. It’s an SBA-approved franchise that
offers financing support through third-party along with training
assistance.
Startup Homecare
Homecare for the disabled and the elderly is in high
demand in the US, and Startup Homecare stands out as one of the best franchise businesses to own within that industry. Launched in 2021,
the company has already surpassed the annual revenue mark of $6 million. They
specialize in non-medical senior care offering flexible and affordable
services. The minimum fund requirement for buying the franchise is $25,000.
They offer training as well as funding assistance to franchisees.
SmartStyle
Founded in 1996, SmartStyle started franchising
around 2016, and its growth rate has been exponential since then. They have
1961 units across the US and counting. The initial investment for buying this
franchise will cost between $149,000 and 305,000.
For more stories on the top franchises to buy in the US, subscribe to https://franchisingusamagazine.com/. It is the most trusted franchise directory and
magazine serving the industry and aspiring franchisees with factual and
authentic information. Stay tuned for more blogs and articles on America’s
franchise businesses.
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