Franchise Article Author: The Franchise Guide
Always wanted to run your own business but never thought you could get started? Try a franchise. Some of today's fastest growing and most innovative companies now offer franchising opportunities for people eager to start their own businesses. Thousands of franchises are operating in almost every conceivable product and service industry from fitness clubs to frozen drinks. Lured by a proven operating system, steady revenue stream, and the opportunity for growth, entrepreneurs are increasingly going the franchise route. Some of the hot franchises of today are Curves for Women, Mc Donald, Subway, Dunkin’ Donuts etc.
Curves, (aka Curves for Women, Curves International, Curves Fitness) is an international fitness franchise. Curves presently have just under 10,000 locations worldwide and an estimated 4 million plus members (as of August 16, 2006). It is a privately held company by its cofounders, with corporate offices located in Waco, Texas. Curves fitness and weight loss facilities are designed specifically for and focused on women, although today many of the centers allow men to join. In 2006 it had 7875 US franchises, 787 Canadian franchises, 1268 foreign franchises and 2 company owned franchises. , Total investment would be around $31.4K to $53.5K.Franchise fee is $24.9K to 39.9K.
Subway is the name of a multinational restaurant franchise that mainly sells sandwiches and salads New Subway franchises are opening at the rate of about 1,000 per year an indication that this system will continue to be the leader in its category for many years to come. The financial investment is reasonable and makes you an attractive income if you select a viable location.
Dunkin' Donuts claims to be the world's largest coffee and baked goods chain, serving 2.7 million customers per day at 6200 stores globally. Dunkin' Donuts are franchising pioneers with decades of experience in assisting franchisees build strong businesses. Dunkin' Donuts is a stable, innovative franchiser that provides business tools backed by training, support and advice. In the year 2006,it had 4800 US franchise and 1822 foreign owned franchise. The total investment required to own a franchise is about $179K to 1.6M
There are some of the franchises that are hot favorites among the entrepreneurs due to their low investments and high return. One such franchise is Health Career Agents. Health Career Agents are healthcare providers with unique employment placement services through independent channels. The capital requirement needed to invest is $27,900.
Right at Home is a company that offers in home care and assistance and is dedicated to improving the quality of life for its clients. The capital requirement to invest is $50,000 - $60,000.
Altoids gum is being sold from designer candy machines. You can own these gum dispensers as a franchising opportunity. The capital requirement needed to invest is $16,000.
Diet Center is advertising that it is ideal for the female entrepreneur population. They are a leader in the weight loss industry. The capital requirement to invest is $29,292 - $55,374.
Mathnasium is a learning center that focuses purely on improving student's math skills. The capital requirement to invest is $41,000 - $65,200.
Vendstar vending machine sells to individuals who are interested in business opportunities. The capital requirement needed to invest is $2,500 - $25,000 depending on how many machines you want to own and operate.
Ace Hardware has been in business for over eight decades and is still on the hot list of franchise opportunities. The capital requirement needed to invest is $150,000.
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