Capitalizing on franchise options is one of the best ways to start a profitable business since you do not need to begin from scratch. This kind of business comes with brand awareness and recognition, marketing collateral, and high support from the franchiser. And the country is home to various opportunities for a franchise business. Therefore, which one should one choose? Find out from the top ten opportunities for a franchise business listed below.

McDonald’s
We all have heard of this brand as a renowned fast-food business. It offers franchising opportunities to those looking to start their venture in this domain. Started in the 1950s and headquartered in Chicago, McDonald’s is recognized for offering entrepreneurs great opportunities. McDonald’s is known for its good brand recognition. The initial franchise fee is $45000, and the minimum financial requirements are $100,000 cash.

The UPS Store
The UPS (United Parcel Service) Store is one of the best franchise options. It offers top-notch support and training systems to new franchises. It is also known for its flawless reputation, sturdy brand value, and recognition. The initial investment needed for this business varies per location, size, and market. For traditional locations, the initial investment ranges between $240,959 and $508,472. The primary financial requirements are a minimum of $75,000 in liquid assets.

Dunkin’
Dunkins’ serious brand value and recognition make it an exciting franchise option for candidates. The other reason for its popularity is its robust support and training system. The initial investment ranges between $40,000 to $90,000, and the financial requirements are a net worth of $500,000 for each restaurant and a minimum of $250,000 in liquid assets.

Dream Vacations
If you have a passion for travel and tourism and are looking to own a travel agency, then Dream Vacations is one of the best franchising opportunities. You may begin this franchise option at home, and there are special incentives for veterans, teachers, and medical professionals. To start this franchise in the travel and tourism sector, you need to spend between $495 and $9800 initially. This amount varies depending on your experience level, and the more you have,e the more the discounts.

Anytime Fitness
If you are a fitness enthusiast or passionate about this segment, then Anytime Fitness is the best franchise option. It was established in 2002 and had been serving 4800 units. The forte of Anytime Fitness is that it remains open round the clock, 365 days. It also offers a robust and sturdy training and support system; you must attend the complete training. The initial fee for this one of the most famous franchises is $3150 to $42500. Also, there is a need to invest initially between $58870 and $521437.

Supercuts
Supercuts is a recognized name in the salon business. It offers the most profitable opportunities to start a franchise business in this segment. It has been running for the last 40 years and has around 2600 salons. Besides haircuts, Supercuts also offers other beauty services and products. It is optional to have prior experience to be a candidate for this business. However, prior management experience may be considered. For this franchise, you have to pay the initial fee of $39500, and you would need to make an initial investment of $151,370 to $321,020.

Baskin Robbins
Another one of the best franchising opportunities is Baskin Robbins, a leading name in the ice cream business. Baskin Robbins started its business journey in 1946 and is headquartered in Canton, Massachusetts. They initiated their franchise business in 1950 and now serve in various locations with 7500 outlets. The investment for this ice cream franchise will range between $280,340 and $636,360. There is a ten-day training session on production, service, and merchandise.

Ace Hardware Corporation
If you want to begin your franchise journey in hardware and tools, Ace Hardware Corporation is one of the names to rely on. It started its business journey in 1924 and has more than 5000 outlets. The company provides various options to start a franchise, such as starting as a new shop, using an existing shop as a part of Ace Hardware, or using any unused space you might have. The initial franchise fee is $5000.

Home Instead
Home Instead, established in 1994, is a leading senior care facility. It has been serving more than 1000 units. For this leading franchise, you must pay a franchise fee of $50000. There is a need to complete the training successfully to start with this franchise.

Orangetheory Fitness
Orangetheory Fitness, established in 2010, is a leading and renowned fitness studio. Now, it has more than 1300 units. The fee to start the franchise with Orangetheory Fitness is $59950, and it also has a robust training and support system.

We have discussed some of the best franchise options for those looking to become entrepreneurs. However, before starting any franchise business, it is suggested to research and explore well and examine your passions, needs, and requirements. Consulting an expert is also recommended.