If you are planning to invest in a franchise, then which one will it be? Obviously, good Returns on Investment (ROI) would be one of the top factors in making that decision.
Here’s a list of franchise industries that provide an assured market.
01. Automotive Franchises
The automotive industry is one of the popular franchise opportunities that have a lot of famous brands attached to it.
Most automotive franchisors allow franchises to do extensive local marketing as well.
02. Restaurant Franchises
Food and restaurant franchises will always provide an ongoing market. After all, everyone has to eat!
It includes restaurants, cafes, fast food, coffee shops, dine-ins, bakeries, etc. If you are planning to start a restaurant franchise then focusing on healthy eating could be a very lucrative idea, especially in the big cities.
03. Service Franchises
Any kind of services - Business or Home- is usually a good option when it comes to franchise opportunities.
With improvements in technology, most of the service and maintenance franchises are now quite safe, hygienic, and open to generalists, with no prior experience in the field.
04. Rental Franchises
Rental franchises are quite lucrative, since people prefer to rent rather than invest in buying products.
The most popular segments in this class is of course automobiles, computers, and craftsmen tools.
05. Kid Care Franchises
Households with both the parents working are increasing by the day, and their kids need to be cared for.
Kid care franchises fill this need by providing services ranging from daycare to creative learning.
06. Senior Care Franchises
Senior care is one of the franchise industries that is growing exponentially.
With the increase in the percentage of people in the 70 and older age segment, senior care is an ongoing market.
07. Health, Wellness, and Personal Care Franchises
Health, Wellness, and Personal care franchises allow people a convenient way to take better care of their health and grooming needs.
Gyms, Yoga Studios, Grooming Clinics and more are quite lucrative.
08. Retail Franchises
Retailing is one of the biggest franchise opportunities.
Segments include home needs, kitchen needs, clothing, pet stores, and more.
For more information on the top franchise industries that have an ongoing market, Contact Us