- If you're looking for a place to start, Entrepreneur magazine compiles a list of the top 500 franchises in the US every year.
- Here are this year's top 10 franchises on Entrepreneur's 2019 Franchise 500.
- Visit Business Insider's homepage for more stories.
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The top 10 franchises in America in 2019
Buying a franchise is a personal decision people make based on a number of factors.
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What is the best franchise to buy?
According to experts, it depends on what you're looking for. But, Entrepreneur magazine has a good list to start your search.
Entrepreneur recently released its annual Franchise 500 list. The list analyzes factors including costs and fees, growth opportunity, franchisor support, and brand strength to calculate which franchises are top picks for potential franchisees.
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Franchise industry expert Joel Libava warns against taking the Franchisee 500 and other similar lists as pure instruction. For example, someone with little experience or interest in food service would be ill-suited to open a McDonald's franchise.
"Use [lists] as a good starting point, but don't look at them just because this publication said there are top franchise. ... You need to do the homework, because the top franchise for Entrepreneur magazine may not be a top franchise for you," Libava said.
However, lists like the Franchise 500 can serve as a good jumping-off point for people looking into franchising. Investment includes franchise fees and startup expenses like real estate and supplies.
Read on for Entrepreneur's take on the top 10 franchises in the US in 2019.
10. 7-Eleven
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Courtesy of 7-Eleven
Investment required: $47,000 to $1.2 million
9. Jersey Mikes Subs
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Andy Cross/The Denver Post via Getty Images
Investment required: $237,000 to $767,000
8. Great Clips
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Photo by Lewis Geyer/Digital First Media/Boulder Daily Camera via Getty Images
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Investment required: $137,000 to $258,000
7. Planet Fitness
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AP/Richard Drew
Investment required: $970,000 to $4.2 million
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6. Culvers
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Lydia Ramsey/Business Insider
Investment required: $2 million to $4.7 million
5. The UPS Store
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Flickr/Mike Mozart
Investment required: $169,000 to $398,0000
4. Taco Bell
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Hollis Johnson/Business Insider
Investment required: $525,000 to $2.6 million
3. Sonic Drive-In
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Hollis Johnson/Business Insider
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Investment required: $865,000 to $3.6 million
2. Dunkin
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Business Insider/Jessica Tyler
Investment required: $229,000 to $1.7 million
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1. McDonalds
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Irene Jiang / Business Insider
Investment required: $1.1 to $2.2 million
See Also:
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