FBR Issue 2 - 2021
Read about this year's Top Low-Cost Franchises, Top Recession-Proof Franchisee and Top Women in Franchising Lists.
Read about this year's Top Low-Cost Franchises, Top Recession-Proof Franchisee and Top Women in Franchising Lists.
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Franchise Franchise Business Business<br />
REVIEW<br />
Ratings and Reviews of Today’s Top Franchises<br />
<strong>2021</strong> <strong>Issue</strong> 2<br />
SPECIAL REPORT<br />
<strong>2021</strong> TOP<br />
LOW-COST<br />
FRANCHISES<br />
360CLEAN<br />
ACTIONCOACH<br />
FIBRENEW<br />
IMAGE ONE<br />
KITCHEN SOLVERS<br />
PAYROLL VAULT and more... P. 13<br />
Women United P. 4<br />
Pandemic?<br />
What Pandemic P. 16<br />
FRANCHISEE SPOTLIGHT:<br />
Chuck Cassidy,<br />
BRITISH SWIM SCHOOL P. 19<br />
April Cannon, NATURALAWN P. 25
<strong>FBR</strong> SPECIAL REPORT<br />
Features //<strong>2021</strong> <strong>Issue</strong> 2<br />
4 12 16<br />
3 Letter From the Founder<br />
The Big V-Shaped Recovery is Underway<br />
4 Women United<br />
Female Franchise Owners are Resilient and Growing<br />
10 Top Franchises for Women<br />
This Year’s Best Franchises for Women<br />
12 Cashing In on the Coming Economic Boom<br />
Investing in a Franchise Business May be More<br />
Affordable than You Think<br />
13 Top Low-Cost Franchises<br />
Best of the Best<br />
16 Pandemic? What Pandemic?<br />
Franchises Businesses That Will Thrive in <strong>2021</strong> and Beyond<br />
18 Funding Your Franchise<br />
You Have Options<br />
24 Marketplace: Franchise Opportunities<br />
More on the franchisee approved franchise<br />
opportunities for <strong>2021</strong><br />
24 <strong>2021</strong>’s Top 200 Franchises Overall<br />
Franchises with high franchisee satisfaction<br />
in every industry sector<br />
Franchisee Profiles<br />
19 Chuck Cassidy, British Swim School<br />
25 April Cannon, NaturaLawn<br />
29 Adam Martindale, Cruise Planners<br />
30 Justin and Stephanie Clarey,<br />
TWO MEN AND A TRUCK ®<br />
31 Cathy Fleischacker and Pam Dymsza,<br />
Wild Birds Unlimited<br />
16<br />
20 Top Recession-Proof Franchises<br />
This Year’s Best Recession-Proof Franchises<br />
+<br />
Reviews, interviews, satisfaction awards,<br />
and more resources are available at:<br />
www.FranchiseBusinessReview.com<br />
ON OUR COVER: Multi-unit FASTSIGNS franchisee Stan Gray served as a<br />
Civil Engineering Corps officer in the U.S. Navy Sea Bees.<br />
2 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
Letter from the founder<br />
The Big V-Shaped Recovery is Underway<br />
With COVID-19 vaccination programs picking up speed, economists are bullish on a strong<br />
and fast economic recovery—and the franchise industry is ready. The majority of franchise<br />
companies have weathered the pandemic much better than non-franchised small businesses,<br />
and they are forecasting strong growth over the next few years. The team here at Franchise<br />
Business Review shares their general enthusiasm for franchising, but we know the best-of-thebest<br />
franchise companies will experience exponential growth.<br />
In this issue, we are excited to share our annual ratings of the Top Franchises for Women,<br />
as well as our picks for Top Low-Cost Franchises and Top Recession-Proof Franchises. Our<br />
15 years of research shows a direct connection between franchise owner satisfaction and the<br />
long-term success and performance of a franchise company—and all of the brands on our<br />
award lists have proven their dedication to franchisee success.<br />
We hope you enjoy this issue and the great success stories contained throughout. We are all<br />
looking forward to fast recovery and <strong>2021</strong> will prove to be a great year for franchise growth.<br />
The majority of franchise<br />
companies have<br />
weathered the pandemic<br />
much better than<br />
non-franchised small<br />
businesses, and they are<br />
forecasting strong growth<br />
over the next few years.<br />
Happy Franchising!<br />
Eric Stites, Founder & CEO<br />
Franchise Business Review is the leading franchise market research firm that performs<br />
independent surveys of franchisee satisfaction and franchise buyer experiences.<br />
Before you invest in any franchise opportunity, read our reports to get the facts<br />
from those who know best — franchisees. We publish quarterly research reports,<br />
examining segments of franchising including the Top 200 Franchise Opportunities,<br />
Top Low-Cost Franchises, Top Franchises for Women, Top Food & Beverage Franchises,<br />
and Top Franchises for Veterans. All publications are available digitally at<br />
FranchiseBusinessReview.com.<br />
Eric Stites, Founder & CEO<br />
Michelle Rowan, President & COO<br />
C.J. Fleck, Senior Web Developer<br />
Ali Forman, Marketing Director<br />
Taryn Myers, Senior Director, Digital Marketing<br />
Lisa King, Web Designer<br />
Nicole Dudley, Director of Client Relations<br />
Courtney Stillings, Client Consultant<br />
Danielle Vitkus, Client Services & Sales Coordinator<br />
Barbara Noyes, Accounting<br />
The Secret Agency, Design and Production<br />
Call us at 866-397-6680<br />
HOW WE IDENTIFY THE TOP FRANCHISES<br />
Participation in Franchise Business Review’s franchisee satisfaction research is free for all North American franchise systems with<br />
a minimum of 10 franchisees. For this report we looked at data from nearly 28,000 franchise owners from 307 leading franchise brands.<br />
We collected this data between January 2019 – November 2020. We asked each franchisee over 33 benchmark questions ranking their franchise<br />
in the areas of financial opportunity, training and support, leadership, operations and product development, core values (e.g., honesty and<br />
integrity of franchisor) general satisfaction and the franchisee community. We also asked them to answer an additional 16 questions about their<br />
market area, demographics, business lifestyle, overall enjoyment running their franchise, and role in the franchisee community. From this data, we<br />
identified our list of top franchises with the highest franchisee satisfaction. More detailed information about our research methodology is available<br />
at www.FranchiseBusinessReview.com.<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 3
<strong>FBR</strong> SPECIAL REPORT<br />
Women United<br />
Female Franchise Owners are Resilient and Growing<br />
4 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
While the pandemic may have<br />
temporarily slowed the rate of<br />
business start-ups, the outlook<br />
for women in franchising remains optimistic.<br />
In fact, our research shows that 88 percent of<br />
women franchise owners say they enjoy<br />
operating their business, and three out of four<br />
would recommend their franchise to others.<br />
“Over the past decade, women have been<br />
flocking to franchising. Today, 29 percent<br />
of franchises are solely women-owned, and<br />
32 percent of franchises opened in the last 24<br />
months are led by women,” said Eric Stites,<br />
founder & CEO of Franchise Business Review.<br />
“2020 was a challenging year for some small<br />
business owners but the franchise sector rose<br />
to the occasion. For women seeking a pathway<br />
to business ownership on a full or part-time<br />
basis, franchising offers many options in a<br />
variety of industries—with the support of<br />
a large organization behind them.<br />
Franchise Business Review recently surveyed<br />
over 8,000 women franchisees from<br />
nearly 300 different franchise brands to help<br />
determine the best franchising opportunities<br />
for women. Women franchise owners<br />
were asked questions about their franchise<br />
organization that focused on areas such as<br />
leadership, training, core values, and financial<br />
opportunity, as well as questions concerning<br />
their business lifestyle and overall enjoyment<br />
of running their franchise.<br />
In addition to owner satisfaction, we also<br />
considered the overall number of women<br />
owners within a franchise, system-wide growth<br />
rates, and franchisee turnover, among other<br />
factors. While there is no perfect selection<br />
criterion for guaranteeing your success as a<br />
franchise business owner, we narrowed down<br />
this year’s list to 50 franchise companies that<br />
we feel are outstanding opportunities for<br />
would-be business owners.<br />
“Franchising is a fantastic option for<br />
women to be their own boss and, in many<br />
cases, find the flexibility they desire that’s not<br />
available elsewhere,” said Michelle Rowan,<br />
president & COO of Franchise Business<br />
Review. “However, the number of franchise<br />
opportunities can be overwhelming, so it’s<br />
critical to examine feedback from other female<br />
franchise owners to see how well the franchise<br />
meets their expectations in terms of support,<br />
work/life balance, financial opportunity,<br />
and other key areas of business ownership.<br />
The franchises on this year’s list received the<br />
highest ratings from women owners on our<br />
independent satisfaction survey.”<br />
Our complete list of this year’s Top 50<br />
Franchises for Women appears on page 10.<br />
To share their experience, we interviewed<br />
dozens of successful women owners from<br />
these award-winning franchise companies.<br />
Their brief profiles are truly inspiring.<br />
If owning your own business is something<br />
that you think about often, we invite you to<br />
explore these great franchise opportunities<br />
and visit FranchiseBusinessReview.com for<br />
more inspiring stories and resources to get you<br />
started. Your entrepreneurial journey awaits!<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 5
<strong>FBR</strong> SPECIAL REPORT<br />
Cheryl Glover<br />
Wingstop franchisee since 2013<br />
Locations in Maryland<br />
Cheryl Glover and husband Eddy were having a night on the town with<br />
their friends when the idea of franchise ownership first crossed their<br />
minds. “We knew it had to be something that we both loved,” she recalls.<br />
“It couldn’t just be an investment.”<br />
After a trip home to visit family in Texas, Cheryl nearly missed her<br />
flight picking up food at Wingstop. Her husband, inspired by Cheryl’s<br />
close call, completed the prospective franchisee questionnaire before<br />
his wife’s plane touched down. Within months, the two had attended<br />
Wingstop’s Discovery Day and purchased three franchise agreements.<br />
Three months later, they bought six more Wingstop franchises.<br />
“It was all because of who Wingstop is as a franchisor,” says Cheryl.<br />
“That’s the only way I can explain making that kind of investment.”<br />
Cheryl and her husband are no strangers to business ownership. Prior<br />
to Wingstop, the pair started a computer consulting company. Eddy’s<br />
time now revolves around the computer business while Cheryl focuses<br />
on running Wingstop.<br />
“With the other company, our employees already know their trajectory<br />
in life and know what they want to do,” says Cheryl. “I wanted to offer a<br />
job entry opportunity—a space for people to grow and learn job skills.”<br />
Angela Duncan<br />
We Insure franchisee since 2018<br />
Located in Tampa, Florida<br />
Angela Duncan’s career started in<br />
a private bank, fueled by ambitions<br />
of becoming a top sales agent so she<br />
could teach people about money. But<br />
when a high-ranking male coworker<br />
scoffed at her dream and suggested<br />
she set her goals aside for a typicallyfemale<br />
dominated operations role<br />
a determined Angela left corporate<br />
America to open her own franchise<br />
business.<br />
“I wanted to prove to myself—<br />
and to my male coworker—that I<br />
could be a successful sales person,”<br />
she says. “Leaving the corporate<br />
environment because a man told<br />
me that I couldn’t do what I wanted<br />
to accomplish was a good starting<br />
point.”<br />
New to the insurance industry<br />
and eager to dive in, Angela spent<br />
her first six months absorbing all<br />
aspects of her new We Insure<br />
franchise. Then the global pandemic<br />
hit and she quickly faced her first<br />
major test as a business owner. “Boy,<br />
did I pick a time to start!” she says,<br />
with a laugh now. “I’ve had to adjust<br />
the way I reach clients and connect<br />
with them.”<br />
Angela began filming short,<br />
informational videos in her home<br />
office about different aspects of<br />
insurance and posting them to social<br />
media. She claims to be camera shy,<br />
but her videos landed with great<br />
success and doubled her business.<br />
“With We Insure, we really are<br />
here to educate people,” she says.<br />
“That’s why we’re in this business.”<br />
6 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
Becky Moultrie<br />
Assisting Hands franchisee since 2014<br />
Located in Tampa Bay, Florida<br />
When Becky Moultrie’s dad rapidly began to decline after a cancer<br />
diagnosis, she helped care for him—her first glimpse into senior care. His<br />
passing imbued her with a strong desire to support the elderly.<br />
“Today at Assisting Hands when that frantic daughter calls me up or<br />
the wife who can’t even see because she’s so sleep deprived, I know what<br />
that’s like,” says Becky. “I get it. I’ve been there.”<br />
When she found herself longing to return to business ownership,<br />
Assisting Hands seemed a natural fit. Becky lives by the motto Do good<br />
with love, and her business venture allows her to do just that. “As women,<br />
we tend to be the nurturing ones,” says Becky. “We’re bringing a different<br />
set of experiences and roles to the franchising industry.”<br />
Becky credits her father with inspiring her to pursue a franchising<br />
career. “My dad wanted to help each of his kids find someplace where we<br />
could gain stability,” she fondly recalls. “And the best way to do that was to<br />
write our own stories rather than let an employer write our stories for us.”<br />
Beth Garner<br />
My Salon Suite franchisee since 2019<br />
Locations in Grand Rapids and Grandville, Michigan<br />
Beth Garner was 23 when she opened her first hair<br />
salon—an eight-chair studio. “When we had our own<br />
space, we were in charge of advertising, marketing,<br />
finding all the clientele to come in,” she says. “I was<br />
so young. We had no outside support. It was like<br />
here you go, good luck!”<br />
Five years and two children later, Beth decided to<br />
close her salon. She found the long hours infringed on<br />
quality time with her family. So she began working at a<br />
local My Salon Suite as a hairstylist, and after several<br />
years there the salon owner approached Beth about<br />
taking over the franchise. Impressed by My Salon Suite,<br />
Beth not only agreed to take over that franchise, but<br />
decided to open an additional location early in 2020.<br />
With two salons under her leadership now, she plans<br />
to add two additional businesses to her growing roster<br />
of franchise locations. “I love the creativity behind<br />
cosmetology,” says Beth. “And I love the freedom I find in<br />
being fully my own boss.”<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 7
<strong>FBR</strong> SPECIAL REPORT<br />
Grace Huxtable-Mount<br />
The Learning Experience franchisee since 2009<br />
Multiple locations in Florida<br />
Dr. Grace Huxtable-Mount always dreamed of a career working with children.<br />
And although she didn’t initially intend to become a franchise owner, today she<br />
owns five franchise businesses with The Learning Experience.<br />
“I don’t know if it’s just a Jamaican thing, but my family is all about doing what<br />
you have to do to make things work,” Grace says. “I want to be great. If someone<br />
gives me an opportunity, I feel like it’s my responsibility to honor that and make<br />
it work.”<br />
Making it work is a theme repeated time and again throughout Grace’s career.<br />
During her first years of business ownership, Grace gave birth to her daughter, got<br />
her PhD in educational leadership and moved to Okinawa, Japan for two years to<br />
teach sixth-grade language arts. “I’ve been able to have experiences I wouldn’t have<br />
been able to have if The Learning Experience wasn’t a part of my career,” she says.<br />
In 2017, Grace decided to take over an existing Learning Experience and<br />
expand her company. Her business has continued to grow since. “My family’s needs<br />
are very much a part of my commitment to The Learning Experience,” she says. “I<br />
help my parents financially and, if I can follow these systems and do everything<br />
with excellence, that will allow me to spend more time with my family and, maybe<br />
one day, pass on that legacy to my children.”<br />
Always passionate about education, The Learning Experience has allowed Grace to have a tremendous<br />
impact on her community, turning her passion into her career. “It’s really important for anyone, but<br />
especially women, in choosing a franchise to choose something that you can believe in.”<br />
Amy Ahrens<br />
Visiting Angels franchisee since 2019<br />
Located in Longmont, Colorado<br />
After working in corporate America, Amy Ahrens felt dissatisfied. The<br />
intense hours and perpetual traveling kept her away from her kids and<br />
quelled her entrepreneurial spirit. She pivoted and began working as a<br />
caregiver at a local Visiting Angels franchise—a position she found<br />
incredibly rewarding—and, with time, took on a managerial role.<br />
When the opportunity to start her own Visiting Angels<br />
presented itself, Amy didn’t hesitate to jump into franchise<br />
ownership.<br />
Like for so many others in the senior care business, the<br />
pandemic has proved a challenge for Amy. For over a year, many<br />
seniors living in facilities have been isolated from families and<br />
friends.<br />
“We didn’t anticipate how long the pandemic would go on and how<br />
lonely people would become,” says Amy. “Loneliness has become the<br />
new (health risk)—it’s horrible for you!”<br />
Fortunately, Visiting Angels’ caregivers who travel to their clients’<br />
homes have allowed seniors to be home with their loved ones while<br />
still receiving professional care. “This job gives me both personal and<br />
professional satisfaction to help older adults to age with dignity and<br />
grace,” Amy says. “I’m able to be a part of the best part of people’s days<br />
every day.”<br />
8 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
JoAnna Goldberg<br />
Freedom Boat Club franchisee since 2015<br />
Multiple locations in Maryland and Washington, D.C.<br />
“I was on boats before I could even walk,” says JoAnna Goldberg,<br />
whose family grew up on the water in Chesapeake Bay. In 2015,<br />
at age 28, JoAnna turned her passion into a career and opened<br />
her own business with Freedom Boat Club.<br />
“Being a young female, at glance people would<br />
assume I was a secretary or a product model,” she<br />
remembers. “But then I’d open my mouth and they’d<br />
realize I was intelligent and capable of confidently<br />
helping them. It was exciting and empowering.”<br />
In the six years since JoAnna opened her doors, her<br />
business has expanded rapidly to seven locations and, in July,<br />
she’s set to unveil her eighth boat club. “When I step back from all of<br />
this unfolding—I’m watching my dreams come true,” she says. “I’ve<br />
been able to create this world for myself and my employees, for my<br />
members.”<br />
From the start, JoAnna has cherished working closely with her<br />
dad on making her franchising dreams come true. The two share a<br />
love of being on the water. “He’s my investor, my partner, and my<br />
mentor,” she says. “We have a trust that can only come from working<br />
with family. And we’re working towards the same goal: To share our<br />
love for boating and help people get out on the water.”<br />
Verelyn Gibbs Watson<br />
Nothing Bundt Cakes franchisee since 2016<br />
Located in Gaithersburg and Bethesda, Maryland<br />
Verelyn Gibbs Watson describes her<br />
first experience with Nothing Bundt<br />
Cakes as “Love at first bite.” She was<br />
gifted a lemon bundtlet on a work trip<br />
which she started nibbling on during<br />
the plane ride home. “I literally<br />
screamed out loud on this flight when<br />
I tried it!” she remembers. “I didn’t<br />
save a single bite for my husband.”<br />
Beyond being tasty, that bundlet<br />
Verelyn ate was serendipitous: She had<br />
been exploring business ownership<br />
opportunities at the time.<br />
“I found out Nothing Bundt Cakes<br />
was a franchise and that there weren’t<br />
any in the Northeast at all,” she<br />
says. “We were the first franchise in<br />
Maryland and the whole D.C. metro<br />
area. It was an accomplishment for<br />
the brand!”<br />
Verelyn opened her business<br />
in 2016. Without a bakery or food<br />
background—previously, she was<br />
president and COO at a corporate<br />
nonprofit—the franchise provided<br />
her with the bakery training needed<br />
to make her business a success. By<br />
prioritizing joy, both amongst her<br />
staff and customers, her company<br />
thrived in her community and, in<br />
October 2020, she decided to open a<br />
second bakery.<br />
“Joy is really important. Joy is<br />
universal. I want my team to be<br />
excited to come to work, I want my<br />
team to know they’re valued and<br />
appreciated,” says Verelyn. “This is a<br />
happy place to be.”<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 9
<strong>FBR</strong> SPECIAL REPORT<br />
THE LIST<br />
Best of the Best:<br />
Franchises for Women<br />
* 360clean<br />
Commercial cleaning services<br />
A&W Restaurants<br />
Fast casual<br />
Survey<br />
Date<br />
Sep.<br />
2020<br />
May<br />
2020<br />
Start-Up<br />
Investment<br />
$15,800 –<br />
$24,000<br />
$276,000 –<br />
$1,397,000<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
$15,000 95<br />
$150,000 936<br />
Aire-Master of America<br />
Commercial hygiene service<br />
Dec.<br />
2020<br />
$40,364 –<br />
$145,900<br />
$50,000 113<br />
“I love this place. When it<br />
comes to overarching<br />
theme/goals/values, every<br />
time I think it couldn’t<br />
possibly get any better,<br />
the Dogtopia team comes<br />
up with something to<br />
raise the bar.”<br />
– Dogtopia franchisee<br />
Amazing Athletes<br />
Early childhood development<br />
Assisting Hands — more on p. 31<br />
In-home senior care<br />
AtWork Group<br />
Recruiting services<br />
Better Homes and Gardens Real Estate<br />
Real estate<br />
British Swim School — more on p. 19<br />
Swim lessons<br />
* Cruise Planners — more on p. 29<br />
Travel agency<br />
* Dogtopia — more on p. 27<br />
Dog daycare & boarding<br />
Feb.<br />
<strong>2021</strong><br />
July<br />
2020<br />
Feb.<br />
2020<br />
Jan.<br />
<strong>2021</strong><br />
Jan.<br />
<strong>2021</strong><br />
Oct.<br />
2019<br />
Nov.<br />
2020<br />
$27,500 –<br />
$64,950<br />
$80,060 –<br />
$152,600<br />
$154,000 –<br />
$231,000<br />
$113,920 –<br />
$455,000<br />
$91,275 –<br />
$145,875<br />
$2,295 –<br />
$23,617<br />
$757,253 –<br />
$1,553,415<br />
$30,000 146<br />
$100,000 161<br />
$100,000 91<br />
$50,000 –<br />
$100,000<br />
380<br />
$75,000 65<br />
$6,995 –<br />
$10,995<br />
2,801<br />
$300,000 167<br />
Fastest Labs<br />
Drug alcohol & DNA testing services<br />
Nov.<br />
2020<br />
$83,309 –<br />
$111,650<br />
$75,000 58<br />
* FASTSIGNS<br />
Visual business communications<br />
Oct.<br />
2020<br />
$218,596 –<br />
$298,679<br />
$80,000 741<br />
* FirstLight Home Care<br />
In-home senior care<br />
Aug.<br />
2020<br />
$112,881 –<br />
$199,376<br />
$49,000 215<br />
“FirstLight Home Care<br />
continually seeks<br />
technology improvements.<br />
The corporate staff is very<br />
helpful and always willing<br />
to assist with operations<br />
and training.”<br />
– FirstLight Home Care franchisee<br />
Freedom Boat Club<br />
Members only boat club<br />
FYZICAL Therapy & Balance Centers<br />
Physical therapy centers<br />
Home Instead<br />
In-home senior care<br />
HouseMaster<br />
Professional home inspections<br />
Kampgrounds of America/KOA<br />
Camping services<br />
Keller Williams<br />
Real estate<br />
* Kona Ice<br />
Frozen treats<br />
Sep.<br />
2020<br />
June<br />
2020<br />
Aug.<br />
2020<br />
Oct.<br />
2020<br />
Feb.<br />
<strong>2021</strong><br />
Jan.<br />
2020<br />
Sep.<br />
2019<br />
$175,025 –<br />
$486,000<br />
$87,750 –<br />
$314,000<br />
$125,000 –<br />
$135,000<br />
$61,100 –<br />
$107,650<br />
$30,250 –<br />
$9,172,925<br />
$183,447 –<br />
$336,495<br />
$145,600 –<br />
$169,200<br />
$38,000 264<br />
$100,000 456<br />
$59,000 1,169<br />
$60,000 317<br />
$500,000 –<br />
$3,000,000<br />
528<br />
$150,000 1,055<br />
$20,000 1,376<br />
LearningRx<br />
Tutoring services<br />
July<br />
2020<br />
$125,000 –<br />
$175,000<br />
$75,000 53<br />
* MaidPro<br />
House cleaning & maid services<br />
Sep.<br />
2020<br />
$77,560 –<br />
$171,160<br />
$75,000 277<br />
Mr. Appliance<br />
Appliance repair<br />
Oct.<br />
2020<br />
$65,800 –<br />
$144,515<br />
$40,000 321<br />
*This brand’s Franchisee<br />
Satisfaction Report is available at<br />
www.FranchiseBusinessReview.com<br />
Mr. Electric<br />
Electrical services<br />
My SALON Suite<br />
Private, spacious salon suites<br />
Oct.<br />
2020<br />
July<br />
2020<br />
$103,600 –<br />
$239,750<br />
$664,738 –<br />
$1,453,518<br />
$50,000 199<br />
$200,000 197<br />
10 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
Survey<br />
Date<br />
Start-Up<br />
Investment<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
NextHome<br />
Real estate<br />
Nov.<br />
2020<br />
$15,250 –<br />
$214,095<br />
$4,250 485<br />
Nothing Bundt Cakes<br />
Snack retailer<br />
May<br />
2020<br />
$430,200 –<br />
$624,300<br />
$150,000 380<br />
* Office Pride<br />
Commercial cleaning services<br />
Sep.<br />
2020<br />
$65,000 –<br />
$107,200<br />
$85,000 151<br />
* Our Town America — more on p. 28<br />
Advertising services<br />
Sep.<br />
2020<br />
$63,300 –<br />
$86,250<br />
$70,000 59<br />
* Payroll Vault Franchising<br />
Payroll services<br />
Pet Supplies ‘PLUS’<br />
Pet retailer<br />
* Pinch A Penny — more on p. 29<br />
Pool supplies retailer<br />
* Pizza Factory — more on p. 29<br />
Fast Casual<br />
Precision Door Service<br />
Garage door services<br />
Aug.<br />
2020<br />
July<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
$39,313 –<br />
$65,769<br />
$440,600 –<br />
$1,315,250<br />
$289,375 –<br />
$411,200<br />
$308,000 –<br />
$552,000<br />
$81,480 –<br />
$422,980<br />
$31,500 62<br />
$200,000 804<br />
$150,000 259<br />
$75,000 102<br />
$150,000 104<br />
“Growing any business<br />
is an investment of<br />
both time and money,<br />
and Payroll Vault provides<br />
value in return for<br />
that investment.”<br />
– Multi-unit Payroll Vault franchisee<br />
Realty ONE Group<br />
Real estate<br />
Feb.<br />
<strong>2021</strong><br />
$44,000 –<br />
$223,000<br />
$15,000 –<br />
$22,000<br />
281<br />
Rhea Lana’s<br />
Children’s consignment<br />
Feb.<br />
<strong>2021</strong><br />
$20,550 –<br />
$39,950<br />
$15,000 102<br />
* Senior Care Authority<br />
Assisted living placement services<br />
Nov.<br />
2020<br />
$57,500 –<br />
$87,700<br />
$50,000 –<br />
$150,000<br />
75<br />
* Soccer Shots<br />
Youth sports<br />
Sep.<br />
2020<br />
$41,034 –<br />
$55,100<br />
$40,000 252<br />
Sola Salon Studios<br />
Salon suites<br />
Nov.<br />
2020<br />
$575,000 –<br />
$1,700,000<br />
$500,000 557<br />
* Supporting Strategies<br />
Bookkeeping services<br />
June<br />
2020<br />
$77,930 –<br />
$103,190<br />
$100,000 99<br />
* The Joint — more on back cover<br />
Chiropractic<br />
Oct.<br />
2020<br />
$203,397 –<br />
$378,697<br />
$100,000 585<br />
* The Learning Experience<br />
Early childhood education<br />
Tropical Smoothie Cafe<br />
Fast casual<br />
United Country Real Estate<br />
Real estate<br />
* Visiting Angels<br />
In-home senior care<br />
We Insure<br />
Insurance services<br />
May<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
$544,419 –<br />
$3,586,419<br />
$198,500 –<br />
$543,500<br />
$10,875 –<br />
$50,380<br />
$84,085 –<br />
$125,885<br />
$27,500 –<br />
$97,250<br />
$150,000 264<br />
$125,000 931<br />
$15,000 473<br />
$59,950 725<br />
$25,000 –<br />
$85,000<br />
112<br />
“Fantastic system<br />
and leadership.<br />
I have recommended<br />
this franchise to<br />
numerous friends and<br />
chiropractic colleagues.”<br />
Weichert Real Estate Affiliates<br />
Real estate<br />
Sep.<br />
2020<br />
$62,500 –<br />
$324,700<br />
$25,000 491<br />
– The Joint franchisee<br />
* Wild Birds Unlimited — more on p. 31<br />
Nature retailer<br />
Oct.<br />
2020<br />
$185,179 –<br />
$311,043<br />
$40,000 –<br />
$50,000<br />
350<br />
Wingstop<br />
Quick-service<br />
Aug.<br />
2020<br />
$376,300 –<br />
$724,000<br />
$600,000 1,570<br />
* Yogi Bear’s Jellystone Park<br />
Camping services<br />
March<br />
2020<br />
$63,000 –<br />
$5,000,000<br />
$200,000 78<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 11
<strong>FBR</strong> SPECIAL REPORT<br />
Clockwise, from left: Franchise owner Chuck Jones of Office Pride Commercial Cleaning is providing essential cleaning services to the greater Nashville area. Office Pride<br />
hit the trifecta this year being recognized on our Low-Cost, Recession-Proof, and Top Franchises for Women awards lists for <strong>2021</strong>; Dream Vacations franchise owner and Air<br />
Force veteran Laura Dvarekas (pictured here in Norway pre-pandemic) is betting on strong growth as travel restrictions are lifted over the coming year; With so many people<br />
spending more time at home this past year, Mr. Rooter and other home service franchise owners have experienced a big spike in demand.<br />
Cashing In on the<br />
Coming Economic Boom<br />
Investing in a Franchise Business May be More Affordable than You Think<br />
Many financial experts are forecasting<br />
a coming economic boom<br />
similar to the “Roaring Twenties”<br />
that followed the last pandemic. With all the<br />
stimulus money floating around, combined<br />
with significant pent-up consumer demand<br />
for all-things entertainment, there are many<br />
reasons to be bullish about economic growth<br />
over the next few years.<br />
Unfortunately, economic growth always<br />
favors business owners much more than the<br />
employees that power their businesses. The<br />
last few decades have seen business ownership<br />
wealth soar, while worker incomes have<br />
remained relatively stagnant. Fortunately,<br />
Franchise Business Review can help you<br />
identify business opportunities that are more<br />
affordable than you might think.<br />
Tens of thousands of people explore<br />
franchise opportunities every year and many<br />
of those quickly abandon their dreams of<br />
business ownership when they come to the<br />
conclusion that they can’t afford to invest in<br />
a business. While we would never encourage<br />
anyone to go into business undercapitalized,<br />
there are many affordable and creative ways to<br />
own a business.<br />
One big advantage that many franchises<br />
offers is a proven track record. Banks don’t like<br />
risk—so by investing in a franchise business<br />
with a history of success you are much more<br />
likely to get a loan compared to starting<br />
a new business from scratch. And because a<br />
franchise business comes with an operations<br />
“playbook” and a corporate training and<br />
support team, franchise businesses tend to<br />
ramp-up faster—which helps with cash flow.<br />
“Buying a franchise is like buying a house<br />
in many ways,” says Eric Stites, founder &<br />
CEO of Franchise Business Review. “The<br />
average person doesn’t have an extra $100K<br />
lying around to plunk down on business,<br />
so they get a bank loan or other financing.<br />
A franchise might have an initial investment<br />
cost of $150,000, but in most cases you can<br />
finance the bulk of your business with a much<br />
smaller down payment.”<br />
There are many great franchise businesses<br />
with startup costs under $100K, and with<br />
financing, many you can start for much less. A<br />
typical bank loan will require you to put down<br />
20–30 percent, but some franchise companies<br />
will also offer special finance options to help<br />
spread out your out-of-pocket start-up costs.<br />
Franchise Business Review researched<br />
hundreds of leading franchise companies to<br />
help identify our <strong>2021</strong> list of Top 50 Low-Cost<br />
Franchises (see page 13). Our finalists are not<br />
only affordable business options, but companies<br />
that have outstanding franchise owner<br />
satisfaction.<br />
Now is a great time to start a new business<br />
and help build your personal wealth as the<br />
economy expands. We hope you find this<br />
list of low cost franchises helpful as you<br />
explore opportunities to achieve your goal<br />
of business ownership. Visit our website at<br />
www.FranchiseBusinessReview.com to learn<br />
more about these and other great franchise<br />
businesses, and find all the resources you need<br />
to start your franchise journey.<br />
12 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
* 360clean<br />
Commercial cleaning services<br />
* ActionCOACH<br />
Business coaching<br />
Survey<br />
Date<br />
Sep.<br />
2020<br />
Jan.<br />
<strong>2021</strong><br />
Start-Up<br />
Investment<br />
$15,800 –<br />
$24,000<br />
$45,000 –<br />
$125,000<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
$15,000 95<br />
$45,000 –<br />
$150,000<br />
1,177<br />
THE LIST<br />
Best of the Best:<br />
Low-Cost Franchises<br />
Aire Serv Heating And Air Conditioning<br />
HVAC services<br />
Oct.<br />
2020<br />
$87,600 –<br />
$211,400<br />
$50,000 219<br />
Aire-Master of America<br />
Commercial hygiene service<br />
Dec.<br />
2020<br />
$40,364 –<br />
$145,900<br />
$50,000 113<br />
Amazing Athletes<br />
Early childhood development<br />
American Poolplayers Association<br />
Pool league<br />
Auto Appraisal Network<br />
Automotive appraisal services<br />
Bin There Dump That<br />
Residential dumpster rentals<br />
Critter Control<br />
Wildlife control & removal<br />
Feb.<br />
<strong>2021</strong><br />
Sep.<br />
2019<br />
Nov.<br />
2020<br />
Feb.<br />
2020<br />
Sep.<br />
2020<br />
$27,500 –<br />
$64,950<br />
$22,737.34 –<br />
$29,242.34<br />
$16,700 –<br />
$44,275<br />
$73,050 –<br />
$128,250<br />
$63,525 –<br />
$169,525<br />
$30,000 146<br />
$29,242.34 335<br />
$3,000 –<br />
$10,000<br />
$75,000 –<br />
$180,000<br />
$8,075 –<br />
$52,075<br />
29<br />
186<br />
121<br />
“Unbelievably rich<br />
training and support.<br />
Cruise Planners gives us<br />
the best possible chance<br />
of making money in a<br />
volatile travel industry.”<br />
– Cruise Planners franchisee<br />
* Cruise Planners — more on p. 29<br />
Travel agency<br />
Oct.<br />
2019<br />
$2,295 –<br />
$23,617<br />
$6,995 –<br />
$10,995<br />
2,801<br />
* Dream Vacations<br />
Travel agency<br />
Oct.<br />
2019<br />
$1,595 –<br />
$20,300<br />
$3,590 1,473<br />
Fastest Labs<br />
Drug/alcohol & DNA testing services<br />
Nov.<br />
2020<br />
$83,309 –<br />
$111,650<br />
$75,000 58<br />
* Fibrenew<br />
Leather & vinyl repair services<br />
Footprints Floors<br />
Flooring installation & restoration<br />
FYZICAL Therapy & Balance Centers<br />
Physical therapy centers<br />
Heaven’s Best Carpet/Upholstery Cleaning<br />
Carpet & upholstery cleaning<br />
Oct.<br />
2020<br />
Feb.<br />
<strong>2021</strong><br />
June<br />
2020<br />
Feb.<br />
2020<br />
$87,812 –<br />
$99,452<br />
$68,130 –<br />
$95,580<br />
$87,750 –<br />
$314,000<br />
$55,560 –<br />
$110,000<br />
$15,000 –<br />
$25,000<br />
258<br />
$50,000 107<br />
$100,000 456<br />
$22,500 821<br />
“The Fibrenew<br />
management team is<br />
always in touch giving<br />
us insights and tools to<br />
perform better, aligned<br />
to the core values.”<br />
– Fibrenew franchisee<br />
Home Care Assistance<br />
In-home senior care<br />
Nov.<br />
2019<br />
$77,775 –<br />
$245,250<br />
$80,000 168<br />
*This brand’s Franchisee<br />
Satisfaction Report is available at<br />
www.FranchiseBusinessReview.com<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 13
<strong>FBR</strong> SPECIAL REPORT<br />
THE LIST<br />
Best of the Best:<br />
Low-Cost Franchises<br />
HouseMaster<br />
Professional home inspections<br />
* Image One<br />
Commercial cleaning services<br />
Survey<br />
Date<br />
Oct.<br />
2020<br />
June<br />
2020<br />
Start-Up<br />
Investment<br />
$61,100 –<br />
$107,650<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
$60,000 317<br />
$42,775 $50,000 10<br />
JPAR Real Estate<br />
Real estate<br />
Jan.<br />
<strong>2021</strong><br />
$41,300 –<br />
$290,660<br />
$0 61<br />
“I feel the franchisee<br />
community at MaidPro<br />
is fantastic. Everyone is<br />
willing to help everybody<br />
else in any way they<br />
can. Being new, I felt<br />
welcomed immediately<br />
and feel everyone<br />
would help if I ever<br />
had questions.”<br />
* Kitchen Solvers<br />
Home remodeling<br />
* MaidPro<br />
House cleaning & maid services<br />
* Minuteman Press<br />
Printing & marketing services<br />
Miracle Method Surface Refinishing<br />
Bathroom & kitchen remodeling<br />
Mr. Appliance<br />
Appliance repair<br />
Mr. Rooter Plumbing<br />
Home services<br />
Sep.<br />
2020<br />
Sep.<br />
2020<br />
Aug.<br />
2019<br />
Dec.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
$91,584 –<br />
$116,720<br />
$77,560 –<br />
$171,160<br />
$74,904 –<br />
$180,053<br />
$84,500 –<br />
$180,000<br />
$65,800 –<br />
$144,515<br />
$79,975 –<br />
$187,140<br />
$30,000 50<br />
$75,000 277<br />
$50,000 967<br />
$85,000 –<br />
$90,000<br />
172<br />
$40,000 321<br />
$50,000 305<br />
– MaidPro franchisee<br />
NextHome<br />
Real estate<br />
Nov.<br />
2020<br />
$15,250 –<br />
$214,095<br />
$4,250 485<br />
* Office Pride<br />
Commercial cleaning services<br />
Sep.<br />
2020<br />
$65,000 –<br />
$107,200<br />
$85,000 151<br />
“PuroClean is very much<br />
a family culture where<br />
everyone cares about<br />
the other franchisee and<br />
their success.”<br />
– PuroClean franchisee<br />
* Our Town America — more on p. 28<br />
Advertising services<br />
* Payroll Vault Franchising<br />
Payroll services<br />
Property Damage Appraisers<br />
Property damage assessments<br />
* PuroClean — more on p. 26<br />
Property emergency repair services<br />
Sep.<br />
2020<br />
Aug.<br />
2020<br />
Nov.<br />
2020<br />
Oct.<br />
2020<br />
$63,300 –<br />
$86,250<br />
$39,313 –<br />
$65,769<br />
$20,300 –<br />
$41,950<br />
$78,805 –<br />
$204,455<br />
$70,000 59<br />
$31,500 62<br />
$20,300 –<br />
$41,950<br />
$55,000 –<br />
$75,000<br />
242<br />
328<br />
Realty ONE Group<br />
Real estate<br />
Feb.<br />
<strong>2021</strong><br />
$44,000 –<br />
$223,000<br />
$15,000 –<br />
$22,000<br />
281<br />
Rhea Lana’s<br />
Children’s consignment<br />
Feb.<br />
<strong>2021</strong><br />
$20,550 –<br />
$39,950<br />
$15,000 102<br />
14 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
Survey<br />
Date<br />
Start-Up<br />
Investment<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
* Senior Care Authority<br />
Assisted living placement services<br />
Nov.<br />
2020<br />
$57,500 –<br />
$87,700<br />
$50,000 –<br />
$150,000<br />
75<br />
Showhomes Home Staging<br />
Home staging<br />
Signal 88 Security<br />
Private security services<br />
* Soccer Shots<br />
Youth sports<br />
Spoiled Rotten Photography<br />
Photography services<br />
Synergy HomeCare<br />
In-home senior care<br />
The Entrepreneur’s Source<br />
Career ownership coaching<br />
* The Glass Guru<br />
Window restoration<br />
United Country Real Estate<br />
Real estate<br />
* Visiting Angels<br />
In-home senior care<br />
We Insure<br />
Insurance services<br />
Weed Man<br />
Lawn care<br />
Jan.<br />
2020<br />
July<br />
2020<br />
Sep.<br />
2020<br />
Feb.<br />
<strong>2021</strong><br />
June<br />
2020<br />
Feb.<br />
<strong>2021</strong><br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
$85,600 –<br />
$164,500<br />
$59,200 –<br />
$223,150<br />
$41,034 –<br />
$55,100<br />
$33,500 –<br />
$48,300<br />
$50,000 –<br />
$150,000<br />
$86,750 –<br />
$110,500<br />
$74,400 –<br />
$161,000<br />
$10,875 –<br />
$50,380<br />
$84,085 –<br />
$125,885<br />
$27,500 –<br />
$97,250<br />
$69,490 –<br />
$86,550<br />
$30,000 –<br />
$100,000<br />
55<br />
$45,000 520<br />
$40,000 252<br />
$30,000 16<br />
$50,000 371<br />
$75,000 104<br />
$74,400 80<br />
$15,000 473<br />
$59,950 725<br />
$25,000 –<br />
$85,000<br />
112<br />
$60,000 314<br />
“The quality of service<br />
that Visiting Angels<br />
provides is very different<br />
from the competitors.<br />
At any time that<br />
I mention that the client<br />
gets to interview and<br />
choose their caregivers,<br />
they react very surprised<br />
because they have not<br />
experienced that with<br />
any other company.<br />
Also, we have an<br />
excellent ongoing<br />
dementia training<br />
program which also<br />
makes the difference<br />
in the quality of service.”<br />
– Visiting Angels franchisee<br />
Weichert Real Estate Affiliates<br />
Real estate<br />
Sep.<br />
2020<br />
$62,500 –<br />
$324,700<br />
$25,000 491<br />
Window Genie<br />
Window cleaning<br />
Oct.<br />
2020<br />
$104,500 –<br />
$190,000<br />
$50,000 135<br />
WOW 1 DAY PAINTING<br />
Painting<br />
Jan.<br />
<strong>2021</strong><br />
$67,000 –<br />
$129,500<br />
$50,000 62<br />
YESCO<br />
Visual business communications<br />
Feb.<br />
2020<br />
$64,300 –<br />
$350,000<br />
$60,000 126<br />
Young Rembrandts<br />
Children’s art classes<br />
Oct.<br />
2019<br />
$44,905 –<br />
$52,055<br />
$40,000 63<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 15
<strong>FBR</strong> SPECIAL REPORT<br />
Pandemic? What Pandemic?<br />
Franchises Businesses That Will Thrive in <strong>2021</strong> and Beyond<br />
16 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
2020 brought many small businesses<br />
to their knees. And while thousands<br />
of small businesses have closed or<br />
are operating at a fraction of their original<br />
capacity due to COVID-19, many franchise<br />
businesses have not only survived but thrived<br />
during the pandemic.<br />
Franchise Business Review tracks franchise<br />
owner satisfaction and performance across<br />
the franchise sector and we’ve seen an uptick<br />
in overall satisfaction across many sectors.<br />
Real estate, home services, cleaning, take-out<br />
food, and outdoor sports & recreation are just<br />
a few of the industries that have continued to<br />
grow during the economic downturn.<br />
At its core, franchising is about “being<br />
in business for yourself but not by yourself.”<br />
Over the last year, the franchise community<br />
has pulled together during this crisis to support<br />
and help protect their franchise owners.<br />
Independently-owned businesses don’t have<br />
this support and community behind them.<br />
That makes franchising uniquely positioned<br />
to innovate and recover much faster than<br />
other businesses.<br />
Continued on page 19.<br />
Left: Motto Mortgage broker owner Freddy Rodriguez (seated at desk) with his team in Houston, Texas. Rodriguez<br />
has been a franchise owner for almost four years.<br />
Above: Mosquito Joe franchise owner Lori Wolff of Akron, Ohio has helped her customers through the pandemic<br />
by keeping their backyards pest-free.<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 17
<strong>FBR</strong> SPECIAL REPORT<br />
Funding Your Franchise: You Have Options<br />
Jeremy Ames, President & Co-Founder of Guidant Financial<br />
There are a few significant differences in financing a multi-unit<br />
franchise versus a single unit, though many of the same financing<br />
solutions will work for both. Aside from the usual cash, credit cards<br />
or even asking for financial support from family and friends,<br />
the most common methods used to finance multi-unit franchise<br />
purchases include loans from the Small Business Administration,<br />
401(k) business financing, unsecured loans and portfolio loans.<br />
Here’s what you need to know about each:<br />
SBA Business Loans<br />
Loans from the Small Business Administration (SBA) are one of the<br />
most popular financing methods for business owners of all kinds, from<br />
startups to franchises. SBA business loans are not directly from<br />
the SBA. Rather, the SBA encourages banks to lend to small business<br />
owners with preferable terms and low interest rates. In return, the SBA<br />
covers 75 to 85 percent of the loan for the bank if the loan defaults.<br />
This creates a win-win situation for both the lender and borrower.<br />
When it comes to multi-unit franchises, SBA lenders usually look<br />
at each individual unit and also at the collective performance of all the<br />
units. Most lenders want to see at least two years of profitable tax<br />
returns with the initial business prior to applying for funding for<br />
another location. The sooner the business becomes profitable and the<br />
stronger a borrower is, the more flexible lenders are. For example,<br />
if the borrower shows a strong credit score, has prior business experience<br />
in the industry and is able to put down a significant down<br />
payment (more than 20 to 30 percent), the bank may be willing to<br />
approve funding for more than one location simultaneously.<br />
SBA Loan Eligibility Requirements<br />
• 20 percent down payment for an existing business purchase<br />
or 30 percent for a start-up<br />
• 640+ credit score<br />
• Personal collateral required<br />
• Industry experience preferred<br />
• Secondary income preferred<br />
401(k) Business Financing<br />
With 401(k) business financing (formally known as Rollovers for<br />
Business Start-Ups or ROBS), you can use up to 100 percent of funds<br />
from an existing retirement account to buy or start a small business<br />
or franchise without taking a taxable distribution or getting a loan.<br />
Funding through ROBS has been an option since the Employee<br />
Retirement Income Security Act passed in 1974, and it’s growing in<br />
popularity.<br />
Since ROBS doesn’t involve taking a loan, there are no monthly<br />
payments or interest rates, and there are no collateral or minimum<br />
credit score requirements. ROBS can also be used in combination with<br />
an SBA loan, allowing business owners to use retirement funds as the<br />
down payment for the loan.<br />
The process for funding a single-unit franchise versus multiple<br />
units is the same with 401(k) business financing. You can either roll<br />
100 percent of your retirement funds during the initial transaction to<br />
use for one or multiple units, or choose to use a lesser amount initially<br />
to open the first location, then complete another rollover when<br />
you’re closer to opening your second location. However, there are<br />
timing considerations to take into account, especially if you plan to<br />
open multiple units within the first two years. In this case, you may<br />
choose to open your first location using an SBA loan, then use ROBS<br />
as the down payment for a second loan so you can show lenders<br />
strong liquidity.<br />
ROBS Eligibility Requirements<br />
• At least $50,000 in a rollable retirement account<br />
• No minimum credit score requirements<br />
• No down payment needed<br />
Unsecured Loans<br />
If you don’t want to jeopardize personal property in order to obtain<br />
financing, unsecured loans provide up to $150,000 without any collateral.<br />
Unsecured loans work like small business credit cards, consisting<br />
of multiple lines of revolving credit that can be used and paid back<br />
as needed. But instead of relying on collateral, lenders look at your<br />
creditworthiness to secure the loan. As such, a high credit score and<br />
solid borrowing history is necessary.<br />
Unsecured loans have no use-of-proceeds requirements, so the<br />
funds can be used for your first franchise location or subsequent units.<br />
It’s important to note that this type of loan shows up as revolving<br />
credit on one’s credit report and can have a meaningful impact on a<br />
credit score, especially if payments are not made on time. For that<br />
reason, we recommend using unsecured loans as a last resort and only<br />
as a short-term financing solution.<br />
Unsecured Loan Eligibility Requirements<br />
• 690+ credit score<br />
• Credit utilization rate below 50 percent<br />
• Minimal recent credit inquiries<br />
• No recent derogatory comments on your credit report<br />
Portfolio Loans<br />
If you own stocks, bonds, mutual funds or other eligible securities, you<br />
can borrow up to 80 percent against the value of your portfolio without<br />
having to liquidate your holdings. Portfolio loans, also referred to as<br />
stock loans or securities-based lending, work like a revolving line of<br />
credit—allowing you to finance a business or franchise by borrowing<br />
(and repaying) at will. Because of this, they’re ideal for financing multiunit<br />
franchises as you can use as much as you need, pay it back, and<br />
then borrow again when you’re ready to move forward with additional<br />
locations—all without getting a new loan.<br />
For a detailed walkthrough on funding your franchise, visit www.FranchiseBusinessReview.com/financing<br />
18 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
Continued from page 17.<br />
FEATURED<br />
Franchisee<br />
Chuck Cassidy<br />
Husband and wife franchise owners Paul and Renee Jones provide home care services to clients with their FirstLight<br />
Home Care franchise serving Prince William and Fairfax counties in Virginia.<br />
Our <strong>2021</strong> list of the Top 50 Recession-<br />
Proof Franchises (see page 20) includes<br />
award-winning franchise companies from<br />
many different industry segments, as well as<br />
a wide range of investment levels—including<br />
a number of businesses you can start with<br />
an initial investment (cash required) under<br />
$25,000.<br />
We have surveyed thousands of franchise<br />
owners in our many years of research. From<br />
our perspective, franchisee satisfaction is<br />
one of the most important factors to consider<br />
before investing in any franchise opportunity.<br />
Not only do the following companies have<br />
outstanding satisfaction among their owners,<br />
but we feel they hold a strong advantage<br />
to outperform their competitors in the<br />
years ahead.<br />
British Swim School<br />
Greater Virginia Beach<br />
Owner since December 2020<br />
How familiar were you with the franchising<br />
model prior to purchasing yours?<br />
I had kind of been watching franchising from<br />
afar for a while. I had an uncle who had a AAMCO<br />
Transmission franchise with a service shop in<br />
Richmond, Va. He was very successful with that<br />
as a small business owner and it was unique to<br />
watch that business grow. I started to just get<br />
curious of what it would take to start your own<br />
small business and began to look at franchises<br />
that were successful. I knew my strength was<br />
in hospitality. Then I came across British Swim<br />
School because I am friends with a person who<br />
does marketing for Buzz Franchise Brands and<br />
he said I should take a look at this. He said it fits<br />
you, and that began the discussions.<br />
What type of business experience, education,<br />
and/or skills did you have prior to becoming<br />
a franchisee that you have found particularly<br />
helpful?<br />
I have been serving in the United Methodist<br />
Church for almost 30 years and one of the things<br />
that kind of tied into the British Swim School was<br />
the mission of saving lives, giving people the<br />
opportunity to learn and grow.<br />
What advice do you have for prospective<br />
franchise buyers?<br />
Just be patient and be prepared to work hard.<br />
I believe patience is a virtue and hard work<br />
pays dividends. Pace yourself. ... It takes time<br />
(to turn a profit), especially if you’re introducing<br />
a brand new franchise to your area. I also really<br />
recommend spending money on the marketing to<br />
help get the word out.<br />
Need Help Selecting and Buying the Right Franchise?<br />
Don’t go through the franchise buying process alone. Join our community<br />
of franchise experts and other entrepreneurs to explore franchising together.<br />
Learn more at FranchiseBusinessReview.com<br />
For more information on British Swim School<br />
opportunities, call (757) 215-4253 or email<br />
franchising@britishswimschool.com or visit<br />
britishswimschoolfranchise.com.<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 19
<strong>FBR</strong> SPECIAL REPORT<br />
THE LIST<br />
Best of the Best:<br />
Recession-Proof<br />
Franchises<br />
* 360clean<br />
Commercial cleaning services<br />
A&W Restaurants<br />
Fast casual<br />
* ActionCOACH<br />
Business coaching<br />
Survey<br />
Date<br />
Sep.<br />
2020<br />
May<br />
2020<br />
Jan.<br />
<strong>2021</strong><br />
Start-Up<br />
Investment<br />
$15,800 –<br />
$24,000<br />
$276,000 –<br />
$1,397,000<br />
$45,000 –<br />
$125,000<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
$15,000 95<br />
$150,000 936<br />
$45,000 –<br />
$150,000<br />
1,177<br />
Aire Serv Heating And Air Conditioning<br />
HVAC Services<br />
Oct.<br />
2020<br />
$87,600 –<br />
$211,400<br />
$50,000 219<br />
Aire-Master of America<br />
Commercial hygiene service<br />
Dec.<br />
2020<br />
$40,364 –<br />
$145,900<br />
$50,000 113<br />
Amazing Athletes<br />
Early childhood development<br />
Feb.<br />
<strong>2021</strong><br />
$27,500 –<br />
$64,950<br />
$30,000 146<br />
“It’s nice to see that<br />
Any Lab Test Now<br />
is growing and has<br />
weathered through<br />
the Covid pandemic.”<br />
Anago Cleaning Systems<br />
Commercial cleaning services<br />
* Any Lab Test Now — more on p. 30<br />
Lab testing services<br />
Assisting Hands — more on p. 31<br />
In-home senior care<br />
AtWork Group<br />
Recruiting services<br />
Aug.<br />
2020<br />
Aug.<br />
2020<br />
July<br />
2020<br />
Feb.<br />
2020<br />
$11,265 –<br />
$68,250<br />
$133,600 –<br />
$214,600<br />
$80,650 –<br />
$152,600<br />
$154,000 –<br />
$231,000<br />
$1,000 –<br />
$23,500<br />
1,711<br />
$50,000 192<br />
$100,000 161<br />
$100,000 91<br />
– Any Lab Test Now franchisee<br />
Auto Appraisal Network<br />
Automotive appraisal services<br />
Nov.<br />
2020<br />
$16,700 –<br />
$44,275<br />
$3,000 –<br />
$10,000<br />
29<br />
Better Homes and Gardens Real Estate<br />
Real estate<br />
Jan.<br />
<strong>2021</strong><br />
$113,920 –<br />
$455,000<br />
$50,000 –<br />
$100,000<br />
380<br />
BIGGBY COFFEE<br />
Beverages<br />
Oct.<br />
2020<br />
$189,550 –<br />
$378,600<br />
$0 249<br />
“This is a great company<br />
and I am a walking<br />
advertisement for<br />
Christian Brothers<br />
Automotive. The staff<br />
at the home office are<br />
extremely professional<br />
and helpful.”<br />
– Christian Brothers Automotive franchisee<br />
Bin There Dump That<br />
Residential dumpster rentals<br />
British Swim School — more on p. 19<br />
Swim lessons<br />
* Checkers & Rally’s<br />
Quick-service<br />
* Chicken Salad Chick — more on p. 27<br />
Fast casual<br />
* Christian Brothers Automotive<br />
Automotive repair<br />
Critter Control<br />
Wildlife control & removal<br />
Dash In Food Stores<br />
Convenience Store<br />
* Dogtopia — more on p. 27<br />
Dog daycare & boarding<br />
Feb.<br />
2020<br />
Jan.<br />
<strong>2021</strong><br />
Sep.<br />
2020<br />
Sep.<br />
2020<br />
Nov.<br />
2020<br />
Sep.<br />
2020<br />
Sep.<br />
2020<br />
Nov.<br />
2020<br />
$73,050 –<br />
$128,250<br />
$91,275 –<br />
$145,875<br />
$254,000 –<br />
$1,431,000<br />
$562,000 –<br />
$740,000<br />
$461,250 –<br />
$566,400<br />
$63,525 –<br />
$169,525<br />
$103,700 –<br />
$617,000<br />
$757,253 –<br />
$1,553,415<br />
$75,000 –<br />
$180,000<br />
186<br />
$75,000 65<br />
$250,000 882<br />
$200,000 181<br />
$85,000 238<br />
$8,075 –<br />
$52,075<br />
121<br />
Varies 66<br />
$300,000 167<br />
Donatos Pizza<br />
Quick-service<br />
Sep.<br />
2020<br />
$386,500 –<br />
$698,900<br />
$200,000 168<br />
* DreamMaker Bath & Kitchen<br />
Home remodeling<br />
Aug.<br />
2020<br />
$186,901 –<br />
$362,907<br />
$114,575 –<br />
$330,950<br />
39<br />
*This brand’s Franchisee<br />
Satisfaction Report is available at<br />
www.FranchiseBusinessReview.com<br />
* Express Employment Professionals<br />
Staffing solutions<br />
Fastest Labs<br />
Drug alcohol & DNA testing services<br />
Feb.<br />
2020<br />
Nov.<br />
2020<br />
$150,000 –<br />
$239,000<br />
$83,309 –<br />
$111,650<br />
$50,000 872<br />
$75,000 58<br />
20 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
Survey<br />
Date<br />
Start-Up<br />
Investment<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
* FASTSIGNS<br />
Visual business communications<br />
Oct.<br />
2020<br />
$218,596 –<br />
$298,679<br />
$80,000 741<br />
Fazoli’s Restaurants<br />
Fast casual<br />
* Fibrenew<br />
Leather & vinyl repair services<br />
* FirstLight Home Care<br />
In-home senior care<br />
Fish Window Cleaning<br />
Window cleaning<br />
Freedom Boat Club<br />
Members only boat club<br />
FYZICAL Therapy & Balance Centers<br />
Physical therapy centers<br />
Goldfish Swim School<br />
Swim lessons<br />
Green Home Solutions<br />
Mold remediation<br />
Home Instead<br />
In-home senior care<br />
HouseMaster<br />
Professional home inspections<br />
* Image One<br />
Commercial cleaning services<br />
* InXpress<br />
Business shipping<br />
Junk King<br />
Junk removal<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Aug.<br />
2020<br />
Sep.<br />
2020<br />
Sep.<br />
2020<br />
June<br />
2020<br />
Jan.<br />
2020<br />
Nov.<br />
2020<br />
Aug.<br />
2020<br />
Oct.<br />
2020<br />
June<br />
2020<br />
May<br />
2020<br />
Oct.<br />
2020<br />
$466,750 –<br />
$1,918,818<br />
$87,812 –<br />
$99,452<br />
$112,881 –<br />
$199,376<br />
$87,300 –<br />
$151,600<br />
$175,025 –<br />
$486,000<br />
$87,750 –<br />
$314,000<br />
$1,370,283–<br />
$3,230,358<br />
$51,595 –<br />
$154,070<br />
$125,000 –<br />
$135,000<br />
$61,100 –<br />
$107,650<br />
$500,000 216<br />
$15,000 –<br />
$25,000<br />
258<br />
$49,000 215<br />
$100,000 284<br />
$38,000 264<br />
$100,000 456<br />
$0 –<br />
$600,000<br />
108<br />
$110,000 141<br />
$59,000 1,169<br />
$60,000 317<br />
$42,775 $50,000 10<br />
$85,600 –<br />
$169,990<br />
$88,000 –<br />
$175,900<br />
$65,000 408<br />
$50,000 –<br />
$75,000<br />
129<br />
“The InXpress franchise<br />
system remains a fantastic<br />
opportunity for business<br />
owners and sales people<br />
alike. We are in a robust<br />
and recession resistant<br />
industry with solid<br />
product and added value<br />
propositions to offer.<br />
InXpress is committed<br />
to strengthening<br />
weaknesses, promoting<br />
personal growth, as<br />
well as striving for<br />
financial success and<br />
wealth building.”<br />
– InXpress franchisee<br />
Kampgrounds of America/KOA<br />
Camping services<br />
Feb.<br />
<strong>2021</strong><br />
$30,250 –<br />
$9,172,925<br />
$500,000 –<br />
$3,000,000<br />
528<br />
Keller Williams<br />
Real estate<br />
Jan.<br />
2020<br />
$183,447 –<br />
$336,495<br />
$150,000 1,055<br />
* Kitchen Solvers<br />
Home remodeling<br />
Maid Brigade<br />
Residential cleaning<br />
* MaidPro<br />
House cleaning & maid services<br />
Miracle Method Surface Refinishing<br />
Bathroom & kitchen remodeling<br />
Monster Mini Golf<br />
Mini golf<br />
Sep.<br />
2020<br />
Feb.<br />
2020<br />
Sep.<br />
2020<br />
Dec.<br />
2020<br />
Nov.<br />
2020<br />
$91,584 –<br />
$116,720<br />
$108,066 –<br />
$124,500<br />
$77,560 –<br />
$171,160<br />
$84,500 –<br />
$180,000<br />
$431,000 –<br />
$520,000<br />
$30,000 50<br />
$50,000 470<br />
$75,000 277<br />
$85,000 –<br />
$90,000<br />
172<br />
$30,000 27<br />
“Every year has been<br />
a success. Kitchen Solvers<br />
corporate makes me<br />
feel like part of a<br />
winning team.”<br />
– Kitchen Solvers franchisee<br />
* Mosquito Joe<br />
Mosquito control services<br />
Oct.<br />
2020<br />
$102,850 –<br />
$137,150<br />
$50,000 319<br />
Mosquito Shield<br />
Outdoor pest control<br />
Oct.<br />
2020<br />
$92,850 –<br />
$127,040<br />
$150,000 164<br />
Motto Mortgage<br />
Brokerage services<br />
Oct.<br />
2020<br />
$52,800 –<br />
$73,800<br />
$12,000 130<br />
Mr. Appliance<br />
Appliance repair<br />
Oct.<br />
2020<br />
$65,800 –<br />
$144,515<br />
$40,000 321<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 21
<strong>FBR</strong> SPECIAL REPORT<br />
THE LIST<br />
Best of the Best:<br />
Recession-Proof<br />
Franchises<br />
Mr. Electric<br />
Electrical services<br />
Mr. Handyman<br />
Home repair services<br />
Mr. Rooter Plumbing<br />
Home services<br />
Survey<br />
Date<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Oct.<br />
2020<br />
Start-Up<br />
Investment<br />
$103,600 –<br />
$239,750<br />
$117,500 –<br />
$149,100<br />
$79,975 –<br />
$187,140<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
$50,000 199<br />
$50,000 290<br />
$50,000 305<br />
My SALON Suite<br />
Private, spacious salon suites<br />
July<br />
2020<br />
$664,738 –<br />
$1,453,518<br />
$200,000 197<br />
NextHome<br />
Real estate<br />
Nov.<br />
2020<br />
$15,250 –<br />
$214,095<br />
$4,250 485<br />
Nothing Bundt Cakes<br />
Snack retailer<br />
May<br />
2020<br />
$430,200 –<br />
$624,300<br />
$150,000 380<br />
Oasis Senior Advisors — more on p. 30<br />
Senior advisors<br />
Nov.<br />
2020<br />
$64,890 –<br />
$99,090<br />
$40,000 81<br />
“I feel when we hear from<br />
the Pizza Factory home<br />
office, it is always in<br />
alignment with our<br />
hearts. They are never<br />
content with the way<br />
things are, and they are<br />
always trying to improve.”<br />
* Office Pride<br />
Commercial cleaning services<br />
* Our Town America — more on p. 28<br />
Advertising services<br />
* Payroll Vault Franchising<br />
Payroll services<br />
Pet Supplies ‘PLUS’<br />
Pet retailer<br />
* Pinch A Penny — more on p. 29<br />
Pool supplies retailer<br />
Pirtek<br />
Hydraulic hose replacement<br />
Sep.<br />
2020<br />
Sep.<br />
2020<br />
Aug.<br />
2020<br />
July<br />
2020<br />
Oct.<br />
2020<br />
Nov.<br />
2020<br />
$65,000 –<br />
$107,200<br />
$63,300 –<br />
$86,250<br />
$39,313 –<br />
$65,769<br />
$440,600 –<br />
$1,315,250<br />
$289,375 –<br />
$411,200<br />
$201,400 –<br />
$869,300<br />
$85,000 151<br />
$70,000 59<br />
$31,500 62<br />
$200,000 804<br />
$150,000 259<br />
$100,000 –<br />
$500,000<br />
542<br />
– Pizza Factory franchisee<br />
* Pizza Factory — more on p. 29<br />
Fast Casual<br />
Oct.<br />
2020<br />
$308,000 –<br />
$552,000<br />
$75,000 102<br />
Precision Concrete Cutting<br />
Concrete maintenance services<br />
Aug.<br />
2020<br />
$155,000 –<br />
$181,500<br />
$72,000 71<br />
Precision Door Service<br />
Garage door services<br />
Oct.<br />
2020<br />
$81,480 –<br />
$422,980<br />
$150,000 104<br />
Property Damage Appraisers<br />
Property damage assessments<br />
Nov.<br />
2020<br />
$20,300 –<br />
$41,950<br />
$20,300 –<br />
$41,950<br />
242<br />
* PuroClean — more on p. 26<br />
Property emergency repair services<br />
Oct.<br />
2020<br />
$78,805 –<br />
$204,455<br />
$55,000 –<br />
$75,000<br />
328<br />
Qdoba<br />
Quick-service<br />
March<br />
2020<br />
$475,500 –<br />
$1,095,000<br />
$350,000 –<br />
$1,000,000<br />
736<br />
Realty ONE Group<br />
Real estate<br />
Feb.<br />
<strong>2021</strong><br />
$44,000 –<br />
$223,000<br />
$15,000 –<br />
$22,000<br />
281<br />
Rhea Lana’s<br />
Children’s consignment<br />
Feb.<br />
<strong>2021</strong><br />
$20,550 –<br />
$39,950<br />
$15,000 102<br />
Right at Home<br />
In-home senior care<br />
Feb.<br />
<strong>2021</strong><br />
$80,150 –<br />
$147,150<br />
$150,000 693<br />
* Sandler Training<br />
Business consulting & coaching<br />
Sep.<br />
2020<br />
$113,525 –<br />
$143,500<br />
$100,000 235<br />
Sanford Rose Associates<br />
Recruiting services<br />
March<br />
2020<br />
$108,250 –<br />
$143,580<br />
$108,250 150<br />
* Senior Care Authority<br />
Assisted living placement services<br />
Nov.<br />
2020<br />
$57,500 –<br />
$87,700<br />
$50,000 –<br />
$150,000<br />
75<br />
22 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
<strong>FBR</strong> SPECIAL REPORT<br />
Survey<br />
Date<br />
Start-Up<br />
Investment<br />
Cash<br />
Requirement<br />
Total<br />
Units<br />
Signal 88 Security<br />
Private security services<br />
July<br />
2020<br />
$59,200 –<br />
$223,150<br />
$45,000 520<br />
* Snap-on Tools<br />
Automotive services<br />
Sep.<br />
2020<br />
$169,223 –<br />
$382,235<br />
$37,583 –<br />
$55,545<br />
4,763<br />
* Soccer Shots<br />
Youth sports<br />
Sep.<br />
2020<br />
$41,034 –<br />
$55,100<br />
$40,000 252<br />
Sola Salon Studios<br />
Salon suites<br />
Nov.<br />
2020<br />
$575,000 –<br />
$1,700,000<br />
$500,000 557<br />
Sotheby’s International Realty<br />
Real estate<br />
* Supporting Strategies<br />
Bookkeeping services<br />
TeamLogic IT<br />
IT services<br />
The Entrepreneur’s Source<br />
Career ownership coaching<br />
* The Glass Guru<br />
Window restoration<br />
Jan.<br />
<strong>2021</strong><br />
June<br />
2020<br />
Aug.<br />
2020<br />
Feb.<br />
<strong>2021</strong><br />
Oct.<br />
2020<br />
$194,650 –<br />
$627,000<br />
$77,930 –<br />
$103,190<br />
$106,375 –<br />
$146,300<br />
$86,750 –<br />
$110,500<br />
$74,400 –<br />
$161,000<br />
$63,650 –<br />
$206,000<br />
762<br />
$100,000 99<br />
$60,000 225<br />
$75,000 104<br />
$74,400 80<br />
“I have recommended<br />
this franchise to<br />
numerous friends and<br />
chiropractic colleagues.<br />
We all help each other<br />
build a great brand.”<br />
– The Joint franchisee<br />
The Goddard School<br />
Early childhood education<br />
Aug.<br />
2020<br />
$697,100 –<br />
$863,600<br />
$150,000 538<br />
* The Joint — more on back cover<br />
Chiropractic<br />
Oct.<br />
2020<br />
$203,397 –<br />
$378,697<br />
$100,000 585<br />
* The Learning Experience<br />
Early childhood education<br />
May<br />
2020<br />
$544,419 –<br />
$3,586,419<br />
$150,000 264<br />
Tropical Smoothie Cafe<br />
Fast casual<br />
Oct.<br />
2020<br />
$198,500 –<br />
$543,500<br />
$125,000 931<br />
* TWO MEN AND A TRUCK — more on p. 30<br />
Moving services<br />
March<br />
2020<br />
$179,000 –<br />
$585,000<br />
$80,000 –<br />
$190,000<br />
390<br />
United Country Real Estate<br />
Real estate<br />
Oct.<br />
2020<br />
$10,875 –<br />
$50,380<br />
$15,000 473<br />
* Visiting Angels<br />
In-home senior care<br />
Oct.<br />
2020<br />
$84,085 –<br />
$125,885<br />
$59,950 725<br />
We Insure<br />
Insurance services<br />
Oct.<br />
2020<br />
$27,500 –<br />
$97,250<br />
$25,000 –<br />
$85,000<br />
112<br />
Weed Man<br />
Lawn care<br />
Oct.<br />
2020<br />
$69,490 –<br />
$86,550<br />
$60,000 314<br />
Weichert Real Estate Affiliates<br />
Real estate<br />
Sep.<br />
2020<br />
$62,500 –<br />
$324,700<br />
$25,000 491<br />
* Wild Birds Unlimited — more on p. 31<br />
Nature retailer<br />
Oct.<br />
2020<br />
$185,179 –<br />
$311,043<br />
$40,000 –<br />
$50,000<br />
350<br />
Window Genie<br />
Window cleaning<br />
Oct.<br />
2020<br />
$104,500 –<br />
$190,000<br />
$50,000 135<br />
Wingstop<br />
Quick-service<br />
Aug.<br />
2020<br />
$376,300 –<br />
$724,000<br />
$600,000 1,570<br />
Wireless Zone<br />
Mobile device retailer<br />
Jan.<br />
<strong>2021</strong><br />
$160,000 –<br />
$414,500<br />
$75,000 421<br />
WOW 1 DAY PAINTING<br />
Painting<br />
Jan.<br />
<strong>2021</strong><br />
$67,000 –<br />
$129,500<br />
$50,000 62<br />
* Yogi Bear’s Jellystone Park<br />
Camping services<br />
March<br />
2020<br />
$63,000 –<br />
$5,000,000<br />
$200,000 78<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 23
<strong>FBR</strong> SPECIAL REPORT // MARKETPLACE<br />
<strong>2021</strong><br />
TOP 200<br />
FRANCHISES<br />
ADVERTISING & SALES<br />
* Our Town America — more on p. 28<br />
Discovery Map<br />
Town Money Saver<br />
AUTOMOTIVE<br />
* Christian Brothers Automotive<br />
Auto Appraisal Network<br />
* Snap-on Tools<br />
Tint World<br />
RNR Tire Express<br />
Ziebart<br />
BUSINESS SERVICES<br />
* FASTSIGNS<br />
* Sandler Training<br />
* Express Employment Professionals<br />
* ActionCOACH<br />
Sanford Rose Associates<br />
* Minuteman Press<br />
Nextaff<br />
* Supporting Strategies<br />
Network in Action<br />
Remedy Intelligent Staffing<br />
YESCO<br />
AtWork Group<br />
Dale Carnegie<br />
* InXpress<br />
Office Evolution<br />
Intelligent Office<br />
CHILD SERVICES<br />
* Soccer Shots<br />
Amazing Athletes<br />
Young Rembrandts<br />
* TSS Photography<br />
Snapology<br />
High Touch High Tech<br />
CompuChild<br />
TGA Premier Sports<br />
Today’s leading brands based<br />
on <strong>FBR</strong>’s owner satisfaction data.<br />
*Full Satisfaction Report Available<br />
at FranchiseBusinessReview.com<br />
CLEANING & MAINTENANCE<br />
* MaidPro<br />
Anago Cleaning Systems<br />
Aire-Master of America<br />
Maid Brigade<br />
* Office Pride<br />
* 360clean<br />
Heaven’s Best Carpet/Upholstery Cleaning<br />
* The Maids<br />
* Image One<br />
You’ve Got MAIDS<br />
Jan-Pro Cleaning Systems (Master Franchisors)<br />
Executive Image Building Services<br />
EDUCATION<br />
The Goddard School<br />
* Mathnasium<br />
* The Learning Experience<br />
Online Trading Academy<br />
Huntington Learning Center<br />
LearningRx<br />
School of Rock<br />
Creative World School<br />
Best In Class Education Centers<br />
FINANCIAL & TAX<br />
* Payroll Vault<br />
* Brightway Insurance<br />
We Insure<br />
Motto Mortgage<br />
* ATAX — more on p. 31<br />
FITNESS<br />
Planet Fitness<br />
Orangetheory Fitness<br />
* Crunch Fitness<br />
* 30-Minute Hit<br />
FOOD & BEVERAGE<br />
Nothing Bundt Cakes<br />
* Kona Ice<br />
A&W Restaurants<br />
Tropical Smoothie Cafe<br />
Wingstop<br />
* Pizza Factory — more on p. 29<br />
See page 26 for additional top franchises.<br />
Visit FranchiseBusinessReview.com for brand details.<br />
BUSINESS SERVICES<br />
ActionCOACH<br />
Initial Investment: $45,000 – $125,000<br />
Cash Requirement: $45,000 – $150,000<br />
Total Units: 971<br />
Business coaching is booming and the global<br />
demand is unprecedented. Business coaching<br />
is the second fastest growth industry behind IT.<br />
ActionCOACH offers you a flexible work-life, with<br />
little overhead and high margin returns.<br />
ActionCOACH is the world’s #1 business coaching<br />
franchise with +27 years of experience. Spanning<br />
+60 countries, our nearly 1,000 ActionCOACHes<br />
work with more than 18,000 businesses weekly<br />
changing lives through business re-education.<br />
Becoming part of the ActionCOACH family<br />
connects you to a global community of<br />
professionally certified experts. The training<br />
is unparalleled, the ongoing support is<br />
unmatched, and you get access to the library of<br />
ActionCOACH’s methodologies. Work with clients<br />
you choose and start living the life you have<br />
always wanted.<br />
For more information on ActionCOACH<br />
opportunities, call (888) 488-2828 or<br />
(702) 795-3188, email info@actioncoach.com,<br />
or visit www.actioncoach.com<br />
CHILD SERVICES<br />
Spoiled Rotten Photography<br />
Initial Investment: $33,500 – $48,300<br />
Cash Requirement: $30,000<br />
Total Units: 16<br />
A close-knit ‘fran-family’ of photographers who<br />
make a living doing what we love, Spoiled Rotten<br />
Photography is seeking new franchise owners. If<br />
you’re a creative person who loves children and<br />
appreciates great photography, we want to talk<br />
to you! Our franchise owners come from various<br />
backgrounds, but our shared core values bring us<br />
together. Ready, action, shoot! We’re one of the<br />
lucky ones who has thrived during the COVID-19<br />
pandemic. Don’t just have a career, start your<br />
own business where you can’t be furloughed or<br />
laid off. We’re waiting for you in Phoenix, Kansas<br />
City, San Antonio, or St. Louis.<br />
For more information on Spoiled Rotten<br />
Photography opportunities, call (256) 658-8275<br />
or visit spoiledrottenphotography.com/<br />
franchise-information.<br />
24 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
Most companies have struggled<br />
during the COVID-19 pandemic.<br />
BrightStar Care ®<br />
has thrived.<br />
FEATURED<br />
Franchisee<br />
Our commitment to the highest standard<br />
of in-home healthcare provides franchisees<br />
with multiple revenue streams that generate<br />
an annual average of $2,152,771*.<br />
877-689-6898<br />
brightstarfranchising.com/home-care<br />
* 2020 average unit revenue for all first franchise locations that were open 12+ months as<br />
of 12/31/2020 per our 3/31/<strong>2021</strong> FDD - Item 19. A new franchisee’s results may differ from<br />
these represented performances. There is no assurance that you will do as well and you<br />
must accept that risk. This offering is made by prospectus only.<br />
April Cannon<br />
NaturaLawn of America<br />
Charlotte, NC<br />
Owner since 2003<br />
What did you do prior to becoming<br />
a franchise owner?<br />
I was actually an accountant by trade. I worked<br />
for Addison Airport in Dallas. I worked for the<br />
founding family there and they also owned a<br />
vineyard in France, and several different little<br />
companies. I did the books for all of those.<br />
I worked there for about six years, and then<br />
prior to that I was in the property management<br />
apartment industry in Dallas.<br />
How was your business able to survive<br />
a recession early on and now a pandemic?<br />
Thankfully lawn care is pretty much recession<br />
and pandemic proof. We’ve been fortunate to<br />
actually have had our best year in 2020.<br />
What is the biggest challenge for you in running<br />
your business?<br />
The most challenging for us is finding good<br />
people to work with us. The good people that<br />
we hire generally see us as a fill in job, although<br />
we do have a young man now who’s been with<br />
us several years and we’re grooming him to go<br />
into a more management role. We also have<br />
a wonderful office manager who’s been here<br />
almost eight years.<br />
What advice would you give someone starting<br />
off in franchising?<br />
I think it all boils down to numbers, you have to<br />
track your stuff. If you’re going to advertise, track<br />
your dollars. How much is it costing you to get<br />
that sale.<br />
For more information on NaturaLawn<br />
opportunities, call (800) 989-5444 or visit<br />
www.NaturaLawnFranchise.com.<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 25
<strong>FBR</strong> SPECIAL REPORT // MARKETPLACE<br />
<strong>2021</strong> TOP 200<br />
FRANCHISES<br />
Food and Beverage continued<br />
Donatos Pizza<br />
Pizza Ranch<br />
Fazoli’s Restaurants<br />
The Wendy’s Company<br />
* Checkers & Rally’s<br />
BIGGBY COFFEE<br />
Walk-On’s Bistreaux and Bar<br />
* Chicken Salad Chick — more on p. 27<br />
Captain D’s<br />
LaRosa’s Pizzeria<br />
Teriyaki Madness<br />
Qdoba<br />
Lennys Grill & Subs<br />
Cousins Subs<br />
Simple Simon’s Pizza<br />
Capriotti’s Sandwich Shop<br />
Bruster’s Real Ice Cream<br />
Wings Etc.<br />
* The Haagen-Dazs Shoppe Company — more on<br />
p. 28<br />
* PJ’s Coffee<br />
* East Coast Wings + Grill<br />
* Happy & Healthy Products<br />
Taziki’s Mediterranean Cafe<br />
Frios Gourmet Pops<br />
Straw Hat Pizza<br />
Nathan’s Famous<br />
HEALTH & PERSONAL SERVICES<br />
Fastest Labs<br />
The Joint — more on back cover<br />
FYZICAL Therapy & Balance Centers<br />
Palm Beach Tan<br />
BEAUTY SERVICES<br />
MY SALON Suite<br />
Sola Salon Studios<br />
Any Lab Test Now — more on p. 30<br />
Drybar<br />
Miracle-Ear<br />
101 Mobility<br />
The Woodhouse Day Spa<br />
Spavia Day Spa<br />
Blo Blow Dry Bar<br />
HOME SERVICES<br />
* DreamMaker Bath & Kitchen<br />
Mr. Handyman<br />
Mr. Appliance<br />
HouseMaster<br />
Home Services continued<br />
Surface Specialists Systems<br />
* Kitchen Solvers<br />
Color World House Painting<br />
Aire Serv Heating And Air Conditioning<br />
House Doctors Handyman Service<br />
The Patch Boys<br />
Miracle Method Surface Refinishing<br />
TruBlue Total House Care<br />
The Grout Doctor<br />
HandyPro Senior Modifications and<br />
Handyman Service<br />
Bloomin Blinds<br />
ShelfGenie<br />
PET SERVICES<br />
Pet Supplies ‘PLUS’<br />
* Dogtopia — more on p. 27<br />
In Home Pet Services<br />
REAL ESTATE<br />
NextHome<br />
Keller Williams<br />
Sotheby’s International Realty<br />
Weichert Real Estate Affiliates<br />
Better Homes and Gardens Real Estate<br />
United Country Real Estate<br />
Showhomes Home Staging<br />
JPAR Real Estate<br />
Help-U-Sell Real Estate<br />
RETAIL<br />
* Wild Birds Unlimited — more on p. 31<br />
* Pinch A Penny — more on p. 29<br />
Rhea Lana’s<br />
Just Between Friends<br />
Dash In Food Stores<br />
SENIOR CARE<br />
* Visiting Angels<br />
Home Instead<br />
* Senior Care Authority<br />
Assisting Hands — more on p. 31<br />
Right at Home<br />
* FirstLight Home Care<br />
* BrightStar Care — more on p. 25<br />
Home Care Assistance<br />
* Amada Senior Care<br />
Oasis Senior Advisors — more on p. 30<br />
Home Helpers Home Care<br />
* CarePatrol<br />
See page 27 for additional top franchises.<br />
Visit FranchiseBusinessReview.com for brand details.<br />
26 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
SERVICES<br />
Weed Man<br />
* TWO MEN AND A TRUCK — more on p. 30<br />
* Fibrenew<br />
Precision Concrete Cutting<br />
Fish Window Cleaning<br />
Bin There Dump That<br />
Mosquito Shield<br />
Critter Control<br />
Precision Door Service<br />
Mr. Electric<br />
Window Genie<br />
Property Damage Appraisers<br />
* The Glass Guru<br />
* Mosquito Joe<br />
Mr. Rooter Plumbing<br />
* PuroClean — more on p. 26<br />
Signal 88 Security<br />
NaturaLawn of America — more on p. 25<br />
Green Home Solutions<br />
Grasons Co. Estate Sale Services<br />
Junk King<br />
Hoodz<br />
Glass Doctor<br />
Pirtek<br />
MarbleLife<br />
Clean Air Lawn Care<br />
Creative Colors International<br />
Boulder Designs<br />
* Truly Nolen of America — more on p. 25<br />
Service Team of Professionals<br />
Border Magic<br />
Ductz<br />
Tide Dry Cleaners<br />
College Hunks Hauling Junk & Moving<br />
SPORTS & RECREATION<br />
Kampgrounds of America/KOA<br />
Freedom Boat Club<br />
Monster Mini Golf<br />
American Poolplayers Association<br />
* Yogi Bear’s Jellystone Park<br />
British Swim School — more on p. 19<br />
Goldfish Swim School<br />
Streamline Brands<br />
TECHNOLOGY<br />
TeamLogic IT<br />
* NerdsToGo<br />
TRAVEL SERVICES<br />
* Cruise Planners — more on p. 29<br />
* Dream Vacations<br />
Expedia Cruises<br />
Visit FranchiseBusinessReview.com<br />
for brand details.<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 27
<strong>FBR</strong> SPECIAL REPORT // MARKETPLACE<br />
TRAVEL<br />
Dream Vacations<br />
Initial Investment: $3,245 – $21,850<br />
Cash Requirement: $3,500<br />
Total Units: 1,540<br />
Are you ready to chart a new course? The future<br />
in travel is bright with a home-based Dream<br />
Vacations travel franchise. The pent-up demand<br />
for vacations is at an all-time high and now<br />
more than ever, consumers are turning to travel<br />
agents to help pan their next getaway. Turn your<br />
passion for travel into your own home-based<br />
business. Dive in immediately with our virtual<br />
training and discover how you can start planning<br />
Dream Vacations today! Join us for an upcoming<br />
webinar to find out how you can own your own<br />
travel agency.<br />
For more information on Dream Vacations a<br />
opportunities, call (800) 650-5576 or visit<br />
OwnaTravelBiz.com.<br />
28 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
FRANCHISE OPPORTUNITY<br />
Own a Pool<br />
Franchise<br />
With 45+ years of sales growth and average<br />
store revenue of $1.3M*, we can help you build<br />
a better future for you and your family.<br />
Proven<br />
Business Model<br />
In-House<br />
Financing<br />
Family<br />
Friendly<br />
Call 844.740.5139 today.<br />
Or visit PinchAPennyPoolFranchise.com to learn more.<br />
*For the year ending December 31, 2019, Pinch A Penny had 253 stores open. Of those stores, 248 have been open at least one year. Of those open at<br />
least one year, the average annual gross sales were $1,309,099 and some stores (38%) had annual gross sales that exceeded the average. Your results<br />
may differ. There is no assurance that you will do as well. See our 2020 Franchise Disclosure Document for more information.<br />
FEATURED<br />
Franchisee<br />
Adam<br />
Martindale<br />
Cruise Planners<br />
San Diego, Calif.<br />
Owner since 2009<br />
What was it about the franchise model and/or<br />
leadership that led you to purchase it?<br />
I had been looking for a travel franchise to<br />
start my own business and came across Cruise<br />
Planners. As I read more about them and asked<br />
my industry friends what they thought, they<br />
quickly turned into the leading option for me.<br />
I liked what I heard about the leadership,<br />
diversity and values as well as them being<br />
a leader in travel technology & support for<br />
franchisees.<br />
What type of business experience, education,<br />
and/or skills did you have prior to becoming<br />
a franchisee that you have found particularly<br />
helpful?<br />
I have spent my whole life working in hospitality.<br />
I worked in hotels/resorts for 13 years and on<br />
cruise ships for 17 years as food and beverage<br />
director and have lived in many parts of the USA<br />
and in the UK which has really helped me.<br />
What do you like most about your job/owning<br />
a franchise?<br />
I love owning my own business, the freedom to<br />
make my own decisions, hold myself responsible<br />
and accountable for my success. I love travel and<br />
this is the perfect franchise for me!<br />
How did you fund your franchise? Did you<br />
receive any discounts/incentives?<br />
I paid for my franchise. I did receive a discount<br />
because of my hospitality experience.<br />
What advice do you have for prospective<br />
franchise buyers? What do you wish you had<br />
known prior to going into franchising?<br />
I should have been prepared to have enough<br />
money in the bank and to be able to support<br />
myself for three years when I started my<br />
franchise. My business started producing results<br />
(after a lot of hard work) after three years and I<br />
have not looked back since.<br />
For more information on Cruise Planners<br />
opportunities, call (844) 914-0787 or visit<br />
www.cpfranchise.com.<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 29
<strong>FBR</strong> SPECIAL REPORT // MARKETPLACE<br />
FEATURED<br />
Franchisee<br />
Own a business you<br />
can feel great about<br />
Oasis Senior Advisors are<br />
professional, caring and trustworthy<br />
partners for older adults who are searching for<br />
the right resources and senior living solutions.<br />
Justin & Stephanie Clarey<br />
TWO MEN AND A TRUCK<br />
Columbus, Ohio<br />
Owners since 2019<br />
What was it about the franchise model and/or<br />
leadership that led you to purchase it?<br />
TWO MEN AND A TRUCK and the leadership<br />
team believes in core values that we share in our<br />
personal lives. Having the same or similar beliefs<br />
allows our visions to align and create a company<br />
that can grow.<br />
• Low overhead<br />
• Home-based<br />
• Recession-resistant business<br />
Kim Graham | Director of Franchise Development<br />
239-940-6669<br />
kim@oasissenioradvisors.com<br />
oasissenioradvisors.com/franchiseopportunities<br />
What type of business experience, education,<br />
and/or skills did you have prior to becoming<br />
a franchisee that you have found particularly<br />
helpful?<br />
Having worked in the business for several years<br />
helped gain an understanding of the industry<br />
and franchise system so that the transition to<br />
becoming a franchisee was more manageable.<br />
What do you like most about your job/owning<br />
a franchise?<br />
We love the flexibility that owning a franchise<br />
provides and we love the people we get to work<br />
with, interact with and we love that TWO MEN<br />
AND A TRUCK provides us the opportunity to<br />
help others move forward just as we did.<br />
What advice do you have for prospective<br />
franchise buyers? What do you wish you had<br />
known prior to going into franchising?<br />
Our advice is to find a mentor that is a franchise,<br />
preferably in the same system you are looking at<br />
buying. Having our mentors help us understand a<br />
wide range of perspectives, helped to prepare us<br />
for the road ahead.<br />
For more information on TWO MEN AND A TRUCK<br />
opportunities, call (888) 884-1114 or visit<br />
franchise.twomenandatruck.com.<br />
30 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com
Join Us Now & Help Us<br />
Serve the Trillion Dollar<br />
US Latino Market! *<br />
FEATURED<br />
Franchisee<br />
Be part of our rapid nationwide expansion in serving the thriving<br />
Latino community, both the individual taxpayer and business owner.<br />
Low Startup Investment - Dedicated On-Going Training & Support<br />
Powerful Marketing System - Easy to Operate Franchise Model<br />
Proud to be a<br />
member of<br />
*According to a Forbes Magazine publication.<br />
Take the First Step Toward Building Wealth & the Lifestyle You Deserve!<br />
ATAXFRANCHISE.COM 1(866)999-2829 FIND US ONLINE<br />
• Make a difference in the quality of life for others<br />
• Help clients remain safe and secure in their own home<br />
What if your work filled your<br />
bank account AND your<br />
Soul?<br />
START YOUR HOME CARE<br />
BUSINESS TODAY!<br />
Home Care is a Pandemic-Resilient &<br />
Recession-Resistant High-Growth Industry<br />
• Contribute a beneficial service to your community<br />
• Low capital investment with BIG business return<br />
If you believe owning an Assisting Hands® Home Care<br />
franchise may be right for you, contact us today.<br />
866.924.2442<br />
www.assistinghands.com/franchise<br />
©<strong>2021</strong> Assisting Hands® Home Care, Nampa, Idaho 83687. All Rights Reserved. This is not an offering;<br />
an offering can only be made by a prospectus filed with the referenced state, which filing does not constitute approval.<br />
Cathy Fleischacker<br />
& Pam Dymsza<br />
Wild Birds Unlimited<br />
Albuquerque, NM<br />
Owners since 2016<br />
What was it about the franchise model and/or<br />
leadership that led you to purchase it?<br />
We searched for years for a franchise that would<br />
meet our needs as well as our values. WBU<br />
was the right fit. Their commitment to brand<br />
protection, while allowing individual franchisees<br />
creative flexibility, lends itself to each store<br />
being unique within the franchise system.<br />
What type of business experience, education,<br />
and/or skills did you have prior to becoming<br />
a franchisee that you have found particularly<br />
helpful?<br />
Between us, we brought a combined 40-plus<br />
years of customer service, corporate financial,<br />
facilities, retail, sales and HR management<br />
experience. We believe the combination of these<br />
skills has allowed us to work closely with our<br />
WBU coaches while contributing to our success.<br />
What do you like most about your job/owning<br />
a franchise?<br />
Our customers! The personal freedom that<br />
owning a small business brings to our lives.<br />
Greater personal satisfaction from working hard<br />
for your own benefit, that of your family and<br />
staff. All, while knowing we are making a positive<br />
difference in our environment, while enriching<br />
our customer’s lives. This IS the joy of bird<br />
feeding!<br />
For more information on Wild Birds Unlimited<br />
opportunities, call (888) 730-7108 or visit<br />
www.wbufranchise.com.<br />
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 31
Franchise Opportunities<br />
For Entrepreneurs<br />
Ranked #13 small market cap in 2020 by Forbes.<br />
575+ locations nationwide<br />
No chiropractic experience necessary to franchise.<br />
The Joint Chiropractic makes quality healthcare affordable and convenient for<br />
patients while simplifying operations for entrepreneurs. Our cash based, no-insurance<br />
model allows for fewer employees, stronger cash flow and higher earnings potential.<br />
• Hedge your bets with an essential business – our stock growth says it all.<br />
• Our business model makes quality healthcare accessible for patients while<br />
simplifying operations for entrepreneurs.<br />
• Among the highest franchisee satisfaction survey rankings in the industry.<br />
Find out more at<br />
thejoint.com/franchise<br />
Minimal Staffing<br />
Recurring Revenue Model<br />
Zero Cost of Goods<br />
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