Top 5 Emerging Franchises to Invest in 2021

 

For years, America has maintained its status of having the largest and most flourishing franchise industries in the world, followed by Canada and Australia. More than 40% of the brands in the USA offer franchising opportunities. In 2019, a total of 759,240 franchise establishments from 3000 different brands were able to generate a cumulative revenue of $757.2 billion. The number of establishments has gone up since then, surpassing 773,603 as last reported in the final quarter of 2020 by Statista.

 

Franchising is one of the most effective expansion strategies. A significant number of brands have been popping up within the industry, offering lucrative business opportunities. If you are looking to invest in a new franchise in the USA, here are the top 5 brands with a prospective ROI. 

 

My Business Venture

Initial Investment - $3995

My Business Venture is a tech-service company that enables you to start an online business while staying at home, leveraging its e-commerce backed tailor-made website package. You can maintain this business and work full-time side-by-side. Your website will feature a wide range of more than 5000 top-selling products with the provision of free shipping and up to 200% mark-up against each sale. With digital services and e-commerce experiencing an all-time high, this is an opportunity worthy of seizing. 

 

Mosquito Hunters 

Initial Investment - $60,000

Mosquito Hunters is an outdoor pest control enterprise that has grown exponentially in recent years, owing to its impeccable service and cutting-edge business infrastructure. It offers financing assistance to franchisees, helping them meet the total investment mark of $71,937 – $94,437. The pest control company has plans to expand across the country, which promises a profitable ROI, making it one of the best franchises to buy. 

 

Fit Body Boot Camp 

Initial Investment - $50,000

As people grow conscious about maintaining a healthy body, fitness franchises continue to expand, with Fit Body Boot Camp emerging as a strong contender. They promise higher revenue returns through a unique group and one-on-one personal training module, and scalable business plan. Their marketing plans and lead generation techniques are hailed as one of the best in the industry, along with a comprehensive training and support program for the franchisee. 

 

Tread Connection

Initial Investment - $70,000

Tread Connection is a leading mobile tire service offering franchise business for sale at a minimal initial investment. The franchise is all about helping customers in buying and installing wheels and tires. When you buy their franchise business, they will provide you with a Mobile Tire Van, including top-notch and cutting-edge tools to offer seamless service to the customers. Auto-mechanic experience is not required to buy this franchise, as adequate support and training is offered by the parent company. 

 

Oxi Fresh Carpet Cleaning

Initial Investment - $38,900

With more than 385 units already up and running, Oxi Fresh Carpet Cleaning is an emerging franchise with lucrative prospects. The company upholds green and eco-friendly carpet cleaning services with a strong client-base across the US, especially in both the residential and commercial domains. Its established market reputation offers impetus to the franchisee from the get-go, earning lucrative returns.  

 

For more such interesting reads and to know about the top 10 American franchises to invest in, visit https://franchisingusamagazine.com/. It is the leading franchise portal in the USA with regular updates and the latest news on the industry.