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Top 8 Best Franchise Opportunities to Own in 2024

Daniel Hayes

Few industries have been more affected by the COVID-19 global pandemic than franchising. Unquestionably, its existence has changed the top enterprise trends in the franchising industry as well as the top 8 franchise opportunities that will be available for purchase in 2025. Not convinced by us? Let us examine the most successful franchises and how the pandemic has boosted interest in and recognition for each of them.

Delivery and Local Courier

Perhaps the industries that benefited most from the pains of the pandemic are delivery and local courier services. This surge in popularity is rooted in the convenience and safety that come with ordering online and having your packages arrive at you with minimal contact. 


UPS

Estimated Initial Investment Fee: $250K


For the past 19 years, Entrepreneur Magazine has named this brand the No. 1 opportunity on its Franchise 500 list. And there are many reasons to back up this claim. UPS has a wonderful reputation, uses state-of-the-art technology (a necessity for the 13 million-plus packages and documents it delivers daily), and top-notch support for new franchisees. 


Food

Although other aspects of the food and restaurant industry are currently considered the worst investment an entrepreneur can consider in 2024, coffeeshops, oddly enough, are among the top 8 best franchise opportunities to own in 2024, especially those like Dunkin’ Donuts. After all, coffee and baked goods are the necessities when trying to navigate an uncertain time, and franchise owners can offer a taste of normalcy. 


Dunkin’ Donuts


Estimated Initial Investment Fee: $40K to $90K


Its slogan is, “America runs on Dunkin,’” and that statement couldn’t be more accurate. Dunkin’ Donuts is one of the most popular coffee shop chains next to Starbucks. What makes it one of our top 8 best franchise opportunities to own in 2021 are details like its immediately recognizable branding, seemingly pandemic-proof business model, being a low-risk investment, and having a detailed playbook for franchisees. 


Senior Care

As the baby boomer generation ages into retirement, the demand for at-home care franchises does, too. An AARP study found that 90 percent of seniors want to manage their health and their daily lives in their home comforts and have healthcare officials come to them. With 71.6 million baby boomers and larger generations like gen x and millennials to follow, the need for senior healthcare is ongoing.


Right at Home

Estimated Initial Investment Fee: $80K to $147K


Easily the most popular of the home care franchises in the market, Right at Home earns a spot on our top 8 best franchise opportunities to own in 2024 for the level of support it gives its franchisees. Word on the street is that owners receive up to 24 months of support from their franchisor. This opportunity also doesn’t require much healthcare experience or liquid capital to invest.


Fitness

Think of it as the new year, new me mindset, but extended. Because of the pounds gained throughout last year, consumers are looking for ways to get out and work off their quarantine weight (while social distancing, of course). Although gyms tend to be challenging to open, models like Planet Fitness market to first-timers, which means high sign-up and retention rates.


Planet Fitness


Estimated Initial Investment Fee: $968K to $4.1M


Boasting not to be your average gym with its purple and yellow branding, low membership fees, and welcoming atmosphere, Planet Fitness is a favorite among new gym-goers and those looking for a judgment-free workout experience. 


Tutoring and Education

A rising concern for parents is that their children will fall behind in a world of virtual learning because they don’t get the same one-on-one attention as they would attending school in-person. Because of this, the supplemental education industry is booming.


Kumon Math Centers

Estimated Initial Investment Fee: $74K to $157K


Created in 1958 in Osaka, Japan, these math centers teach the Kumon method, which is designed to help students learn critical math and reading skills that ready them for more complex concepts later on in their education. For entrepreneurs, this is an excellent opportunity, as it has a low entry cost but a high demand. 


Commercial Cleaning Services

Second to the delivery and courier industry benefiting from the global pandemic is the commercial cleaning services industry. The increased need and desire for sanitation services and dry cleaning have created a spike in this $117 billion franchise industry’s growth. What makes them attractive for entrepreneurs is that it’s a low-risk business that requires little investment on the front end, and experts project a yearly growth trend of 5.4 percent until 2025. 


JAN-PRO

Estimated Initial Investment Fee: $4K to $50K


What once started as a local Rhode Island service in the ‘90s has grown into a small empire of 10,000 units. JAN-PRO offers some of the best cleaning services for other businesses like car dealerships, gyms, banks, churches, schools, and offices and is well known for its top-of-the-line support and “cleaning greener’ approach. 


Automotive Industry

No matter what the state of the world, there will always be a need for cars, but most importantly, the people and the tools to fix them. Automotive tool shops have increased in popularity for their mobility and ability to supply tools to amateur mechanics and auto repair shops alike. One such example is: 


Mac Tools

Estimated Initial Investment Fee: $7K


It’s a no-brainer why this mobile automotive tool shop is on our roundup of the top 8 best franchises to own in 2021. It was named one of the fastest-growing franchises in the U.S. in 2018 and earned a spot on Entrepreneur’s Franchise 500. 


Gas and Convenience Stores

Continuing the trend of cars, investing in gas stations and convenience stores has risen in popularity throughout 2020, and the trend continues into 2021. Like other automotive industry aspects, gas stations are a pandemic-proof industry, as consumers need gas to power their cars. And because convenience stores often go hand-in-hand with gas stations, they, too, are famous for their convenience and offerings of everything from a snack to toiletries and other household items. 


7-Eleven

Estimated Initial Investment Fee: $500K


As the number one convenience store in the world, it’s not hard to see why entrepreneurs are looking to invest. Even better still, it can have a franchisee up and running after three months of application, training, and testing due to its turnkey business model. 


Hundred Acre Consulting

Finding the perfect franchising opportunity can be overwhelming, as there are more than 776,000 active franchises in the U.S. in 76 different industries. With our roundup of the top 8 best franchise opportunities in 2024, we hope we introduced you to new industries and franchises to consider during your search.


If you have questions or are unsure where to begin your journey, let Hundred Acre Consulting help. Our team can help you pick the perfect franchise and consult you throughout your career.


Are you ready to start working together? Contact our team, and let’s get started!

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Are MLM Companies the Same as Franchises?

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By Daniel Hayes • 04 Aug, 2021
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By Daniel Hayes • 28 Jul, 2021
B y 2025, America will require a staggering 2.3 million new healthcare workers to care for the senior population. With this will also come the need for more senior care facilities. If you’re considering senior care franchising, starting your business now can put you in a prime position to take advantage of the coming boom. Owning a senior care franchise is a great way to make a meaningful impact on the lives of older people while securing your financial future. With strategic planning, a solid team, and a supportive franchisor, you can turn senior care franchising into a stream of passive income that keeps on giving. Here are a few tips to point you in the right direction.
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Top Challenges of Owning a Senior Care Franchise

By Daniel Hayes • 14 Jul, 2021
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The Best Seasonal Franchises to Invest in This Summer

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Is Mobile Franchising Right for You?

By Daniel Hayes • 30 Jun, 2021
Within the past year, mobile franchising has grown in popularity exponentially. For one thing, new investors realize that it’s much easier to succeed with a franchise than to start their own business from scratch. Add in the low start-up costs and flexibility of self-employment, and it’s easy to see why people are interested in this type of investment opportunity. However, there are two sides to every coin, and running a mobile franchise has a few pitfalls. It’s draining to be the only one in charge of your business, large or small. So, is running a mobile franchise right for you?
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How to Hire the Best Employees for Your Franchise Business

By Daniel Hayes • 23 Jun, 2021
So, you’ve finally found the right franchise to meet your needs and aspirations. Congratulations! The next step in your journey is to build a team of dedicated and focused employees. In 2021, this can be daunting. In today’s era, anybody can apply for a job with the click of a mouse. It’s easy to become overwhelmed by the vast number of applications, along with the stress of interviewing each potential candidate individually. Luckily, we have a few tips to streamline your hiring process so that you find the right employees for your franchise business.
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Single Unit vs. Multi-Unit Franchising

By Daniel Hayes • 16 Jun, 2021
So, you’ve decided you’re going to open a franchise. While your mind may be filled to the brim with different questions and concerns, one of the most important decisions you’ll make when opening a franchise is whether to open a single unit or multi-unit franchise. Both options have their pros and cons. The answer to this question depends entirely on your knowledge and goals as a business owner.
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Franchise Brokers and Franchise Consultants: How They Compare

By Daniel Hayes • 09 Jun, 2021
There is much confusion surrounding the titles of “franchise consultant” and “franchise broker,” and rightfully so. 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. In the sections below we give a quick rundown of a few key differences between franchise consultants and franchise brokers to clear things up.
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5 Tips for Semi-Absentee Franchise Ownership

By Daniel Hayes • 02 Jun, 2021
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Your Top Investment Choices for 2025

By Daniel Hayes • 26 May, 2021
2020 and the global pandemic were not kind to people’s wallets. Financial difficulties touched people in almost every industry across the world. Still, some franchises thrived during the pandemic by adapting. Now, five years later, those looking for franchise investment opportunities might still be nervous. To help boost your confidence in business ownership, we’ve found six franchises that have not only survived the pandemic but are also continuing to grow. If you are looking for franchises that survived the pandemic, here are a few investments worth a second look at.
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4 Challenges of Owning a Semi-Absentee Franchise

By Daniel Hayes • 19 May, 2021
If you are looking to invest in a new business model, you may be thinking owning a semi-absentee franchise is a win-win. You can invest your money into a business that comes with a limited time commitment and continue with your career. However, there are unique challenges that come with owning a semi-absentee franchise. Investing in a franchise is a critical business decision that shouldn’t be taken lightly. To help guide potential franchisees on their path to franchise ownership, we’ve brought together a list of the most common challenges that new semi-absentee franchise owners will face. This information will allow you to start on your journey armed with information to be successful no matter what type of franchise you choose to open.
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How to Find Franchise Opportunities

By Daniel Hayes • 12 May, 2021
A franchise can provide the perfect investment for a smart-minded entrepreneur, but how do you go about finding the right franchise? As of 2019, there were almost 800,000 franchise options in the United States alone. That’s close to a million different franchise opportunities. Finding the perfect opportunity to suit you and your financial endeavors can be complex and frustrating. Here are some tips on how to find franchise opportunities so you can succeed and grow your entrepreneurial dreams through 2025 and beyond.
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Why 2025 is the Year to Own a Franchise

By Daniel Hayes • 05 May, 2021
2020 was devastating for everyone, with the pandemic impacting every corner of the globe. American businesses and industries got hit harder than anyone could have expected. In the franchise industry, many businesses thrived and even became essential. However, despite the financial difficulties, there is sunshine on the horizon. Industry experts predict that 2025 is the year to own a franchise. As the dust of the last four years settles, people are searching for wise investments to boost their revenue after facing some devastating losses. Plus, nothing beats the sense of pride you feel when you own a franchise. Here are the top 4 reasons why owning a franchise in 2025 is the best business decision you can make.
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Franchising 101: Top 6 Responsibilities Franchise Owners Face

By Daniel Hayes • 28 Apr, 2021
Becoming an entrepreneur can be an exhilarating experience. There’s nothing more rewarding than owning your own business. However, owning and operating a franchise differs in many ways from running an independent company. The responsibilities franchise owners face are unique because you benefit from working with an established brand instead of being an independent operation. Here, you begin with a proven business model that has gone through the trials and errors of business ownership and emerged victoriously. Success can be as easy as fulfilling the responsibilities of a franchise owner and demonstrating a passion for your new entrepreneurial path. Consider these everyday owner responsibilities to help you be successful on your new career path.
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5 Things to Look for in a Franchise Business Consultant

By Daniel Hayes • 20 Apr, 2021
BBecoming a business owner is a dream that many people hold. When it comes time to decide what type of business you want to own, you should consider whether owning a franchise is for you. Buying a franchise gives you a proven and effective business model along with a credible brand, eliminating many of the risks that come with opening a non-franchise business of your own. But how do you decide which franchise to purchase? A franchise purchase is a significant decision that should not be taken likely. This is where a franchise business consultant comes in.
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Why Millennials Make Great Franchisees

By Daniel Hayes • 13 Apr, 2021
Franchises are a different breed of business investment. They offer an established business plan with proven results and an unparalleled support system. It’s a wise investment for those looking to dive into the business world while mitigating some risks. It is also proving to be a great business venture for millennials. For millennials interested in entrepreneurship, owning a franchise could be the start of a storied career in business ownership. With their creative and can-do spirit, millennials can be the perfect fit as a franchisee. Read on to learn why
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What is a Franchise Exit Strategy? (and Why You Should Have One)

By Daniel Hayes • 07 Apr, 2021
Sometimes when entrepreneurs start on the path to franchise ownership, they focus too much on profit-building and not the big picture. The big picture, in this case, is having a franchise exit strategy. Yes! Before you can consider the beginning of your career in franchising, you must consider the end. A franchise exit strategy enables a business owner to minimize or liquidate their interest in their franchise location(s) while still making a significant profit.
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Should You Invest in a Low-Cost Franchise?

By Daniel Hayes • 31 Mar, 2021
Imagine you are an entrepreneur looking for the ideal franchise opportunity to invest in when you come across a low-cost franchise. The appeal of the cost buy attracts you most, but the question that pops up in your head is whether it is a good idea to invest in a low-cost franchise. We say yes.
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Top 5 Franchise Myths Debunked

By Daniel Hayes • 17 Mar, 2021
Every industry has its myths, including franchising. So, as you consider buying a franchise, a question you may have is how do you know what franchise myth to believe and which ones you should ignore? Our team at Hundred Acre Consulting can help. Below, we debunk the top five franchise myths.
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Franchising 101: 5 Challenges of Owning a Franchise

By Daniel Hayes • 11 Mar, 2021
Franchising is a business agreement in which one entity licenses another to use its trademark or individual business systems and processes. This enables the party to manufacture and sell a product or service that meets specific criteria. The franchisor is the person who grants these rights, while the franchisee is the person who buys them. However, you must consider the challenges of owning a franchise.
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5 Tips for Finding Success Year-Round with a Seasonal Franchise

By Daniel Hayes • 03 Mar, 2021
Customers rely on goods and services throughout the year, and sometimes these needs are seasonal. As the owner of a seasonal franchise, this poses a big challenge. It is up to you to navigate a seasonal franchise’s unique struggles and find a way to keep your business thriving when customers aren’t as regular. However, having a seasonal business doesn’t mean you won’t have cash flow during the off-season. In reality, it’s all about strategic preparation and devising a strategy to keep you afloat long after peak season ends.
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What It’s Like to Work with a Franchise Consultant

By Daniel Hayes • 22 Feb, 2021
Deciding to invest in a franchise can be an exciting moment in any entrepreneur’s life. There is the undeniable thrill of building an empire with the help of an established brand. However, like most business owners, there is the question of where to start. The answer is to work with a franchise consultant. A resource to be used often, these knowledgeable individuals are vital to your entrepreneurial success. Together, let’s take a look at what it’s like to work with a franchise consultant. 
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How to Find the Right Franchise Opportunity for You

By Daniel Hayes • 15 Feb, 2021
Buying a franchise is a significant moment in your entrepreneurial career. It can be the launching pad for a successful business that may one day grow into a multi-unit franchise empire. The question is, how do you find the right franchise opportunity for you? There are thousands of franchises to choose from, which can be overwhelming for anyone looking to own a business of their own. If you are wondering where to start your search, check out these five first steps to franchise ownership. And if you still have questions, feel free to reach out to our team at Hundred Acre Consulting.
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Top 8 Best Franchise Opportunities to Own in 2024

By Daniel Hayes • 10 Feb, 2021
Few industries have been more affected by the COVID-19 global pandemic than franchising. Unquestionably, its existence has changed the top enterprise trends in the franchising industry as well as the top 8 franchise opportunities that will be available for purchase in 2025. Not convinced by us? Let us examine the most successful franchises and how the pandemic has boosted interest in and recognition for each of them.
A nurse is holding the arm of an elderly woman.

6 Benefits of Senior Care Franchising

By Daniel Hayes • 02 Feb, 2021
If you’re looking for a way to break into franchising and the healthcare industry, senior care franchising is an excellent investment opportunity. As the population grows older and lives longer thanks to medical advancements, the need for senior care increases. If you’re unconvinced of the void owning a franchise can fill, check out these six benefits of senior care franchising. Maybe we can change your mind.
A group of people are raising their hands in the air.

The Most Important Questions to Ask Before Buying a Franchise

By Daniel Hayes • 27 Jan, 2021
Becoming a franchise owner is an exciting and lucrative business opportunity that tons of entrepreneurs seek. However, many get lost in the hype of potential business ownership and forget to do their research. That’s what we at Hundred Acre Consulting are here for. So, before you express interest in a business and join the nearly 773,000 franchise owners nationwide, here are some important questions to ask before buying a franchise.
A sign that says `` grow your business '' is sitting on top of a desk.

How to Grow Your Business

By Daniel Hayes • 12 Jan, 2021
After finding business success, many entrepreneurs view franchising their business as the next logical step in business ownership. There are many benefits to growing your business, including access to capital, expanding their market reach, or the most common reason: they believe they have something extraordinary to share with the world. Whatever your reason, before you start dreaming of the perfect location, we recommend looking at our list of ways to grow your business.
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