Hundred Acre Consulting Has All the Information You Need About Owning a Franchise

Retirement: beach…travel…grandkids…and everything in between, right? Then you wake up and wonder if there will be enough money for all of this. “What was I thinking? I cannot afford this!” Will you be ready? Find out here, plus get a practical list of steps to help make your retirement dreams a reality.

Becoming a franchise owner offers a desirable path for new entrepreneurs by offering access to established and successful business models. One considerable factor for pursuing this career path is understanding a franchise’s earnings potential. The answer to the question, “How much does a franchise owner make?” is quite complex and depends on several variables: The specific type of franchise. The chosen ownership structure. The capital needed for overhead expenses. This article will cover what is considered “average” for franchise owner earnings, which industries offer the highest income potential, and how the type of ownership model can influence income. What is the Average Net Income of Franchise Owners? The average net income of franchise owners can vary widely. According to a study conducted by ZipRecruiter , franchise owners earn an average annual income of a little over $125,000. It’s vital to note that this figure encompasses a broad range of franchise types and operational models. Some franchise owners report earning significantly more, while others may find their income levels below this average. Franchise Industries with the Highest Earning Potential Some franchise industries , in particular, are recognized as yielding higher average net incomes. Some of these include: Food and Beverage: This sector encompasses the fast food and casual dining franchises and produces substantial revenue due to high product demand and continuous foot traffic. Franchisees can earn between $100,000 and $200,000 a year or more. Health and Fitness: Wellness and physical health continue to trend in today’s market, making franchises like gyms and wellness centers very profitable. Owners in this industry typically earn around $85,000 to $150,000 yearly. Business Services: The demand for business services such as financial and marketing consulting remains high, making this sector a high-income possibility. Franchisees in this sector are looking at incomes of $90,000 to $150,000 annually. Types of Ownership and How They Impact Earnings How a franchise is run and how many units an owner has to manage are important factors when it comes to earnings potential. Consider the ownership variables below when balancing profitability with scalability. Owner-Operator vs Semi-Absentee Ownership The operational model of the franchise can significantly impact earnings. Owner-operators are franchise owners who are actively involved in the day-to-day operations of the business. This hands-on approach can lead to higher profitability as the owner is directly managing costs, staffing, and customer relations. Owner-operators typically see higher net incomes due to their intimate involvement in the business.

Franchising has proven to be an incredibly successful business model for countless entrepreneurs, offering structure, support, and a proven system for achieving success. For veterans, the franchise model can be particularly appealing, as it aligns closely with the disciplined and strategic approach they have honed during their military service. Learn more—plus read the exact steps to get started as a franchisee here.

Have you recently fired your boss? Fear not. The decision to leave traditional employment and venture into entrepreneurship is a significant and exhilarating milestone. It’s a choice that symbolizes freedom, independence, and the pursuit of one's dreams. Check out all the compelling reasons why franchising just may be the perfect next step for you.

In full transparency, being a franchisee requires hard work and resilience. We’re discussing the day-to-day experiences of being a full-time franchisee. While the idea of investing consistent hours each week might feel unnerving, remember that this is a fulfilling career choice, and the payoff for your effort and commitment is substantial. Find out what "a day in the office" as a franchisee looks like.

The franchise industry presents a compelling solution to Gen Z’s entrepreneurial desires, offering a blend of security, support, financial accessibility, and flexibility. With a proven track record, strong brand identity, and a supportive community, franchising empowers Gen Z to pursue their entrepreneurial dreams with confidence and creativity.

Dreaming of building more flexibility into your work/life balance—without sacrificing massive amounts of time and money? Semi-absentee franchise ownership may be the answer you didn’t know you were looking for. Learn what your role entails, some of the best semi-absentee industries, and exactly how to get started.

About 30 years ago, it became commonplace for many franchise brokers to refer to themselves as consultants to evade the stigma surrounding the term “broker.” However, in dodging the negative connotations often associated with brokers, they wound up creating confusion within the franchising community. So … what is the difference between a consultant vs. a broker? Check out our latest blog to find out.

Whether you are looking to complement your day job or diversify your investment portfolio, owning a laundromat franchise is an excellent option to consider. Learn what makes this such a great opportunity for those seeking a rewarding semi-absentee business—including lesser-known benefits—all in our latest blog.