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If you wish to perceive the franchise trade right now, this stat is a superb place to begin: Greater than half of all franchise items working within the U.S. final yr — to be actual, 53.2% of these items — had been owned by multi-unit homeowners. That is in line with franchise analysis and advisory agency FRANdata. And this tracks properly with what’s taking place in franchising extra broadly, as bold franchisees need to personal a number of items, and franchisors see multi-unit operators as an environment friendly and battle-tested option to develop.
Right here at Entrepreneur, it made us marvel: What are the highest franchise manufacturers for multi-unit possession?
Associated: 5 Encouraging Info to Know About Multi-Unit Franchising
To search out out, we requested franchisors just a few related questions: Do they provide reductions to franchisees buying a number of items? What proportion of their franchisees personal a number of items? What proportion of their model’s complete items are owned by multi-unit franchisees? What’s the common variety of items owned by every franchisee? And at last, do they solely promote a number of items or grasp licenses? Then we factored in every firm’s Franchise 500 rating, which is predicated on an evaluation of greater than 150 knowledge factors within the areas of prices and costs, dimension and progress, franchisee assist, model power, and monetary stability.
The result’s this first-ever checklist — a useful useful resource for anybody eager about multi-unit possession. Nevertheless, this checklist shouldn’t be construed as an endorsement of any specific model. Whether or not you are shopping for one unit or 50, it is best to at all times do your homework. That features studying the corporate’s authorized paperwork, consulting with an legal professional and an accountant, and naturally, speaking to as many franchisees as you may.
See the Greatest 150 Franchises for Multi-Unit Homeowners franchises checklist right here.
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