AMERICA’S BEST FRANCHISES According to Forbes
America’s Best Franchises, according to Forbes magazine…
(UnhappyFranchisee.Com) What are America’s best franchise opportunities?
Using data compiled by franchise research company FRANdata, Forbes magazine has compiled its list of the 30 best franchises in America. Forbes ranked what it believes to be the ten best franchises in each of three investment categories:
- — franchises requiring an investment between $0 – $250,000,
- — franchises requiring an investment between $250,001 – $500,000,
- — and franchises requiring an investment of $500,001 or greater.
What do you think? Did Forbes miss your pick for best franchise? Leave your nomination with a comment below. To learn more about why Forbes included specific franchises, and to share your opinion, click on the links to franchise company pages in the table below.
FRANCHISORS: If you feel your franchise has been unfairly left out of Forbes “Best Franchises” list, state your case below or email it to UnhappyFranchisee[at]gmail.com.
Also read: AMERICA’S WORST FRANCHISES… According to Forbes
FORBES BEST FRANCHISES 2014
| INVESTMENT RANGE | Source: Forbes | ||
| RANK (10 Being Worst) |
0 – $150,000 |
$150,001 – $500,000 |
$500,001 and over |
| 1 | BrightStar | Plato’s Closet | Massage Envy |
| 2 | Right at Home | Sport Clips | Retro Fitness |
| 3 | Oxi Fresh Carpet Cleaning | Jimmy John’s | Planet Fitness |
| 4 | Mathnasium Learning Center | Batteries Plus Bulbs | Quaker Steak & Lube |
| 5 | Synergy HomeCare | Anytime Fitness | Jack In The Box |
| 6 | Dryer Vent Wizard | Which Wich | Value Place |
| 7 | Maidpro | Chester’s | Firehouse Subs |
| 8 | Just Between Friends | Capriotti’s Sandwich Shop | Noodles & Company |
| 9 | Brightway Insurance | Jamba Juice | SpringHill Suites |
| 10 | Real Property Management | Dutch Bros. Coffee | TownePlace Suites |
Methodology: According to Forbes,
FRANdata did screen for two key criteria over those years that give some indication of market demand for the brand and overall support for its franchisees: growth rate and the so-called continuity rate. Continuity gives some indication of the ongoing success of the stores… Other factors that affected the ranking: a franchisor’s transparency in reporting historical performance, which lets prospective franchisees evaluate the opportunity; support for franchisees (financing and the like); and recurring revenue self-sufficiency (does the franchisor depend on revenues from selling additional franchises to sustain ongoing operations?)
Read Forbes’ America’s Best And Worst Franchises For a more detailed look at Forbes methodology, click here.
See all our FRANCHISE DISCUSSIONS by Company
WHAT DO YOU THINK? DID FORBES MISS YOUR PICK FOR BEST FRANCHISE?
WHICH FRANCHISE SHOULDN’T BE INCLUDED?
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TAGS: Best franchises, Best franchises in America, Forbes best franchises, best franchise, good franchises, buying a franchise, franchising, Unhappy Franchisee, Forbes magazine
My company owns several Dickey’s franchises, among other brands we own and operate. We love the Dickey’s product but recognize the negative issues. I would like to:
1. Respond to some of the concerns addressed in unhappy franchisee. How do I respond without revealing may actual name?
2. Have names of others who have responded and might want to start and owners’ group and potentially file suit regarding the kickbacks which Dickey’s corporate certainly takes.
If you want to be a slave to a franchise, just buy a Batteries PLus Bulbs.
Call a number of owners and you will find the business model is complex and requires lots of training for employees. Numerous franchisees are unhappy and want out of the system. Currently there are 20 plus owners for sale and wanting out of the system that I am aware of, and a number of owners going to lose their business.
The CEO continues to tell owners how well the systems is doing while they continue to close stores and sell new stores to other non-aware people who buy into their falsehood of how well you will do overtime. There are some owners who do okay, but a number of these people started years ago.
The company charges tons of fees and overcharges franchisees on products from their warehouse with high shipping fees. Even over 400,000 a year, most owners take less than a 20,000 a year wage with costs of doing business. You can earn more, but you will be working 7 days a week to pay yourself without a break, Furthermore, the support they give you is BS, they do a checklist for legal reasons, but pretty much leave you hanging if you really need help. They force you to open your store for hours and days you are not profitable at the detriment of your business and put sanctions on you if you don’t comply further.
If you want this business just call a number of owners. Don’t focus on the owners who are already successful, seek out those that have been in the system a few years and ask them how they have been treated.