Need help finding the best franchises to own in 2019? That’s not surprising! There are more than 3,000 franchise brands to choose from in the U.S. alone.
As you may already know, buying a franchise can be a good investment. Franchises also offer a simpler and less risky way of segueing into business ownership. Why? Because you follow a system that’s not only laid out for you to follow, but that’s already been proven to work and turn a profit.
But how do you determine the best franchises to invest in in 2019 when there are so many to choose from? Well, a lot really depends on what you’re looking for. For instance, do you want a franchise that involves something you’re passionate about, like cooking or fitness? Are you looking for the most affordable franchise options? Or would you like to run a franchise business that offers you lots of flexibility so you can have a good work-life balance?
To help you find the brand that’s right for you, we’ve compiled a list of five franchise brands in different industries that were highly rated in 2018 for different reasons. We’ll also tell you where to look for more top-rated brands.
1 – Sandler Training – This franchising brand was ranked by Franchise Business Review (FBR) as the 2018 Top Low-Cost Franchise in the Business Services category. According to the FBR website, Sandler Training is a brand that was founded in 1967 and now has more than 189 franchising units. The business specializes in sales, sales management training, and coaching.
2 – MaidPro – If you’re looking for an all-around great franchise brand that’s affordable, innovative, and offers great training and support, plus the opportunity to have an awesome work-life balance, look to MaidPro. They were recognized in 2018 by Forbes on its list of Top 10 Franchises to Buy. They also made Entrepreneur’s Franchise 500 2018. Plus, they ranked #1 in 2018 on several FBR lists in the Cleaning & Maintenance category, including Top Low-Cost Franchise, Top Franchise for Women, Most Innovative Franchise Brands, and Top Franchise Opportunities, in addition to many other awards and recognitions.
3 – Sport Clips – Sport Clips is a franchise brand that targets clientele by combining barber shop and sports bar atmospheres. This popular combination could be the reason this franchise brand has upwards of 1,700 locations and a five-year growth rate of 12.3%. This franchises that require an investment between $150-$500K.
4 – Kona Ice – If you’re looking for a franchisor that’s innovative and you’re interested in food service, Kona Ice might be a good option to consider. It was not only named Entrepreneur’s #1 New Franchise in 2013, but was #1 on FBR’s list of Most Innovative Franchise Brands in 2018 in the Food category. This shaved ice brand was founded in 2007 and already has more than 1,000 locations.
5 – Fast Signs – This graphics and sign company started franchising in 1986, just a year after it was founded, and now has more than 600 locations. Based in Texas, this brand was one of 100 companies to rank in the top 20% on Entrepreneur Magazine’s Franchise 500 2018 list.
Want to Learn More About the Best Franchises to Own in 2019?
If you want to run your own business and want to see rankings that can help you narrow down the best franchises to own in 2019 or if you’re an investor interested in learning more about the best franchises to invest in in 2019, here are some reputable sites to check out when continuing your research: