If you wish to perceive the franchise trade at the moment, this stat is a good place to begin: Greater than half of all franchise models working within the U.S. final yr — to be precise, 53.2% of these models — have been owned by multi-unit house owners. That is in accordance with franchise analysis and advisory agency FRANdata. And this tracks nicely with what’s taking place in franchising extra broadly, as bold franchisees wish to personal a number of models, and franchisors see multi-unit operators as an environment friendly and battle-tested solution to develop.
Right here at Entrepreneur, it made us surprise: What are the highest franchise manufacturers for multi-unit possession?
Associated: 5 Encouraging Info to Know About Multi-Unit Franchising
To search out out, we requested franchisors just a few related questions: Do they provide reductions to franchisees buying a number of models? What proportion of their franchisees personal a number of models? What proportion of their model’s complete models are owned by multi-unit franchisees? What’s the common variety of models owned by every franchisee? And at last, do they solely promote a number of models or grasp licenses? Then we factored in every firm’s Franchise 500 rating, which relies on an evaluation of greater than 150 knowledge factors within the areas of prices and costs, dimension and development, franchisee assist, model power, and monetary stability.
The result’s this first-ever listing — a useful useful resource for anybody enthusiastic about multi-unit possession. Nonetheless, this listing shouldn’t be construed as an endorsement of any explicit model. Whether or not you are shopping for one unit or 50, you must all the time do your homework. That features studying the corporate’s authorized paperwork, consulting with an legal professional and an accountant, and naturally, speaking to as many franchisees as you possibly can.
See the Finest 150 Franchises for Multi-Unit House owners franchises listing right here.
