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FBR Issue 1 2022

Franchise Business Review announces the list of the Top 200 Franchises of 2022. See which franchises rate highest in franchisee satisfaction! Also in the guide: Hall of Fame announcement, Best in Category Franchises, and so much more.

Franchise Business Review announces the list of the Top 200 Franchises of 2022. See which franchises rate highest in franchisee satisfaction! Also in the guide: Hall of Fame announcement, Best in Category Franchises, and so much more.

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SPECIAL REPORT

TODAY’S TOP

200

FRANCHISES

Franchise Franchise Business Business

REVIEW

Ratings and Reviews of Today’s Top Franchises

2022 Issue 1

2022 HALL OF FAME

Nine exceptional

brands make FBR’s

Top Franchise List

for 10th year P. 28


YOUR PATHWAY TO

FRANCHISE OWNERSHIP

DISCOVER

if franchising is the

right path for you

Start your Journey Today

Check out our new online tool and explore

the world of franchising. We will walk you

through six essential steps packed with

EDUCATE

yourself on all

things franchising

EXPLORE

the Top 200 Rated

Brands by FBR

resources, downloadable tools and more to

get you on the right path to franchise

ownership.

Learn about

• Pros and cons of franchising

• Fees and costs

• How to choose a franchise brand

• Helpful resources, eBooks & checklists

• So much more

RESEARCH

your top franchise

choice(s)

Let us help you today to secure a new

franchise business tomorrow! Visit

www.franchisebusinessreview.com or

just scan the code below and get

PLAN

for your franchise

success

started today!

BUY

the perfect franchise,

and start living the

dream


Features //2022 Issue 1

8 24 32

7 Letter From the Editor

Shopping for the best franchise to invest in starts here

25 Insight/Advice from Top Brands

Hear from our award-winning franchisors

16

8 Franchisee Satisfaction at All-Time High

9 out of 10 franchisees “Enjoy being part of their

franchise organization”

12 The Power of Franchising

Industry numbers tell the BIG story

14 Franchisee Satisfaction Matters

How we select our award-winning brands

15 THE LIST

Best of the Best: Top 200 Franchises

24 Is Franchising Right for Me?

Here are 5 good reasons to invest now

28 FBR Hall of Fame

Nine exceptional brands receive honorary inductions this year

32 Where to Go for Franchise Financing

The most common questions about financing your

new business

34 Advantages of Franchising

There are a lot of great reasons to take the leap

Franchisee Profiles

5 Patrick Lewis, Clean Air Lawn Care

10 Dee & Rob Rister, HomeWell Care Services

11 Michael Lally, Two Men And A Truck

26 Mike & Leah Morrell, East Coast Wings + Grill

27 Mitch Richey, The Glass Guru

31 Matt Kotsay, Wild Birds Unlimited

+

Reviews, interviews, satisfaction awards,

and more resources are available at:

www.FranchiseBusinessReview.com

ON OUR COVER: Mathnasium franchise

owners Jeff and Christine Ruker. The Rukers

are multi-unit franchise owners in Georgia

and South Carolina.

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 3


FBR SPECIAL REPORT

Common Franchise Terms You’ll Need to Know

Franchise Broker: A person or company hired by a franchisor to

help cultivate potential new franchisees.

Franchise Agreement: The contract a franchisor and franchisee

sign to confirm the agreement to open one or more franchise

business(es).

Franchise Disclosure Document (FDD): A standardized document

required in the U.S. for all companies offering a franchise

opportunity. The FDD is a lengthy document that contains

detailed information on the franchise, including a description of

the business model, estimated costs of starting a franchise, names

of officers and franchise owners, and other information.

Franchise Fee: A component of the initial investment in a

franchise business that allows the franchisee to use the franchise

brand’s name and likeness.

Franchisee Satisfaction Index (FSI): A measurement of the

satisfaction of franchise owners within a brand. FSI was created

by Franchise Business Review in 2007 and is represented on a

100-point scale.

For the full list of Common Franchise Terms, visit: franchisebusinessreview.com/

post/common-franchise-terms/

Create a Bright Business

Future with Fresh Benefits

• Recurring Revenue Business Model

• Simple Daily Operations

• Improved Work/Life Balance

• Franchisee-Friendly Culture

• National Contact Center Handles Inquiries

• Highly Satisfied Franchise Owners

maidprofranchise.com

4 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

FEATURED FRANCHISEE

PATRICK LEWIS

Clean Air Lawn Care

Boston, MA

Franchise owner since August 2020

What were you doing prior to being a

franchise owner?

I was working as a foreman in landscaping and

lawn maintenance. I have been working outside

my entire life and in this industry since my teens.

I worked at a dozen companies obtaining a

variety of skills. I now apply these to the business

model Clean Air Lawn Care has developed, and

the combination has proven very effective.

What were you looking for in franchising that

you were not getting from your previous career?

I was looking for freedom.

At ATAX, we

know what it takes

to build a business

from the ground up and

face challenges head-on.

Because of our dedication to serving

our customers, we’ve grown to over 60

locations and expanding rapidly; and

you could be our next franchisee.

To us, franchising is not about

following rules; it's about

upholding standards.

What convinced you that this was the right

brand for you?

The environment. The environment needs this

right now, and the potential customer base is

growing rapidly every day. This is a right brand

for the times we live in right now.

What advice do you have for prospective

franchise buyers?

If you’re looking for the franchise opportunity

with an assigned bubble growing of potential

clients, this is it. If you’re looking for a franchise

opportunity where the headquarters feels like

family, this is it. If you’re looking for a franchise

opportunity where you will see guaranteed

growth and endless assistance in that endeavor,

this is it. Franchising with Clean Air Lawn Care has

been the best decision I’ve made in my career.

For the full interview with Patrick Lewis, visit

franchisebusinessreview.com/post/patrick-lewisclean-air-lawn-care.

To find out more, please

visit ataxfranchise.com

We’re looking for franchisees committed to the

customer experience and providing legendary service.

For more information on Clean Air Lawn Care

franchise opportunities:

• Call: (970) 219-7440

• Visit: cleanairlawncare.com

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 5


Franchise Business Review

honors franchise brands that

receive exceptional ratings

from the people who know

best – their franchisees. Keep

an eye out for our upcoming

quarterly publications and

award winners…

SPECIAL LOW-COST ISSUE

FBR Awards:

• Top Low-Cost Franchises

• Top Franchises for Women

• Top Recession-Proof Francises

JULY 2022

SPECIALVETERANS ISSUE

FBR Awards:

• Top Franchises For Veterans

• Top Profitable Franchises

• Top Innovative Francises

SPECIAL CULTURE ISSUE

FBR Awards:

• Best Franchise Cultures

• Top Food Franchises

• Franchise Rock Stars

APRIL 2022 OCTOBER 2022

franchisebusinessreview.com @franchisereview

6 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


Letter from the editor

Shopping for the best franchise

to invest in starts here

With well over 3,000 brands representing hundreds of different products

and services, selecting the right franchise to buy can become quite

daunting.

Franchise Business Review is here to make your franchising journey

a lot easier!

The 200 franchises featured in this guide are a great place to start

your research on the best opportunities available today. These awardwinning

brands are truly the “Best of the Best” when it comes

to providing outstanding training, support, and leadership—and

ensuring the overall success—of their franchise owners.

Franchise Business Review, which has been surveying franchise

owners since 2005 to gain invaluable insight on how well brands

are doing and to help strengthen the franchise industry, is honored

to welcome 26 franchises to our awards list for the first time. We

also encourage franchise candidates to take note of the nine exceptional

brands selected to our Hall of Fame (P. 28). This year marks

the 10th year these franchises have made our Top Franchise awards list,

an amazing testament to their commitment to outstanding franchisee

satisfaction.

Shopping for a franchise takes a lot of work, and it needs to be done

with the utmost care. We hope you will take advantage of our new free

and fun online tool, the Pathway to Franchise Ownership, which takes

you through the six essential steps of buying a franchise to help you

make the most educated decision.

The best advice we can give prospective franchise owners is to

understand all the opportunities available, and to do your due diligence

to figure out what brand is the best fit for you. Our Top 200 Franchises

are a great place to start your journey.

Joe Halpern, Editorial Director

Franchise Business Review (FBR) is the leading franchise market

research firm that performs independent surveys of franchisee

satisfaction and franchise buyer experiences. Before you invest

in any franchise opportunity, read our quarterly reports to get

the facts from those who know best — franchisees.

CONNECT WITH US!

@FranchiseBusinessReview

@FranchiseReview

Eric Stites, Founder & CEO

Michelle Rowan, President & COO

C.J. Fleck, Senior Web Developer

Dean Rist, VP, Marketing

Ali Forman, Marketing Director

Nicole Dudley, Director of Client Relations

Emily George, Senior Client Consultant

Courtney Stillings, Senior Client Consultant

Joe Halpern, Editorial Director

Lisa King, Web Designer

Roberto Dion, Marketing Coordinator

Yahina Santana, Client Services & Sales Coordinator

@TopFranchiseOpportunities

866-397-6680 // info@FranchiseBusinessReview.com

©2005–2022 by Abistar Group, LLC/dba Franchise Business Review. All rights reserved.

No part of this document may be reproduced or transmitted in any form or by any means without the written permission of Franchise Business Review.

Franchise Business Review, 155 Brewery Lane, Suite 201, Portsmouth, NH 03801 USA | 603.433.2270 | info@FranchiseBusinessReview.com.

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 7


Since awarding its first franchise in 2008, Top Franchise Kona Ice has grown to over 1,360 franchise units across 49 states in the U.S.

FRANCHISEE SATISFACTION

AT AN ALL-TIME HIGH

Overall satisfaction has increased 3% since pre-pandemic levels

Melanie Sweet opened her Cruise

Planners franchise in Fort Worth,

TX in April 2020 because she

wanted a job she enjoyed doing that she could

carry over into retirement.

Justin Langston, a young professional in

Tulsa, OK bought his first two TWO MEN

AND A TRUCK franchise in January 2021

after starting off working the corporate side

of the franchise.

Andy Hackett used to specialize in corporate

digital marketing sales but wanted to

shift into a role that would allow him to build

long-lasting customer relationships. Sixteen

years later, he and his father now own six

TeamLogic IT locations in Greater Boston.

And then there’s the story of Danielle

and husband Johnny Miranda. They saw franchising

as an opportunity to best employ their

military backgrounds in civilian life while

building a better future for their family.

Danielle, who served 16 years in the Army,

and her husband, Johnny, who served

20 years in the Marine Corps, opened a

FASTSIGNS franchise in Tracy, CA in 2019.

People from all walks of life enter franchising

with a variety of backgrounds and stories,

but they all share a common motivation. They

want to own their own small business with

a company that has name recognition and

8 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

Left: Top Franchise Soccer Shots, an engaging children’s soccer program with a focus on character development, was started in 2000 and began franchising in 2005. It now

has over 260 locations in the U.S. and Canada.

Right: Since franchising in 1996, Top Franchise Christian Brothers Automotive has expanded the brand’s footprint to more than 245 shops across the U.S.

a proven track record for supporting their

franchise owners. Thanks to franchising and

partnering with award-winning brands that

make franchisee satisfaction a top priority,

they’re realizing their professional dreams.

Franchise Business Review, which has

been surveying franchise owners for over

16 years and collecting invaluable data on franchisee

satisfaction all that time, understands

better than anyone that not all franchises are

created equal. While some select brands score

consistently high with their franchise owners

in training, communication, marketing and

ongoing support, many other franchises fall

short in many of these key areas.

The great news for those of you interested

in owning a franchise, and starting to shop

for the best fit for you, there may never be

a better time to take the leap into franchising.

According to our data, which analyzes surveys

of nearly 30,000 franchise owners representing

over 300 brands, franchisee satisfaction

is at an all-time high since we started benchmarking

it in 2005. Additionally, franchisee

satisfaction has increased 3% since pre-pandemic

levels.

88%

Percentage of franchisees

representing brands on this

year’s Top 200 Franchise List who

said they “Enjoy being part of

their franchise organizations”

85%

Percentage of franchisees

representing brands on this

year’s Top 200 List who said they

“Respect their franchisor”

First-Timers on the Top Franchises List (in alphabetical order)

• 100% Chiropractic

• New Again Houses

• Another Broken Egg

• PatchMaster

• Clean Juice

• Premier Pools & Spas

• Driverseat Inc.

• QC Kinetix

• Dryer Vent Squad

• Robeks Fresh Juices & Smoothies

• The Entrepreneur’s Source

• Sir Grout

• Footprints Floors

• Slim Chickens

• Frost Shades Window Tinting

• Spoiled Rotten Photography

• Golden Chick

• Storm Guard Roofing &

• The Human Bean

Construction

• JFE Franchising

• Stretch Zone

• Junkluggers

• Wetzel’s Pretzels

• K9 Resorts Luxury Pet Hotel

• Your CBD Store

• The Lash Lounge

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 9


FBR SPECIAL REPORT

FEATURED FRANCHISEE

DEE & ROB RISTER

HomeWell Care Services

Lexington, KY and Melbourne, FL

Franchise owners since March 2020

What were you doing prior to being a

franchise owner?

Having 35 years’ experience as a nurse and a

midwife, and reaching the pinnacle of her career

with a doctorate in nursing, Dee was ready to

explore the business aspect of her practice. I

had over 20 years’ experience in business and

an in-depth understanding of the long-term care

dilemma that a growing, aging population faces.

Our backgrounds gave us the understanding of

what families face as their loved ones age and

need support.

What were you looking for in franchising that

you were not getting from your previous career?

We were looking for the satisfaction of making a

genuine difference in the lives of other people.

Now, I go home every day from our office

knowing that our entire organization has helped

families in our community to live better. That is

a powerful feeling. It’s also powerful to know

we have created jobs and given other people

opportunities that didn’t exist before. Finally, we

were looking to be our own bosses, to have the

independence as business owners that neither of

us had before.

What advice do you have for prospective

franchise buyers?

You are paying a franchise fee and royalty fee

for a reason. You are buying a system. Do not

try to reinvent the wheel, just improve it as you

can. HomeWell has the processes and programs

in place. Simply plug yourself into it and, as Tom

Brady would say, “Let’s go!”

For the full interview with Dee and Rob Rister,

visit franchisebusinessreview.com/post/dee-robhomewell-care-services.

And here’s more encouraging news for

those shopping for the right franchise to

purchase:

• 88% of franchise owners “Enjoy being

part of their franchise organizations”

• 85% “Respect their franchisor”

• 80% “Would Recommend their

franchise to others”

And here’s the exciting part. For those of

you who are looking to make your wealthearning

dreams come true, the average

annual pre-tax income for franchise owners

on our list of the Top 200 Franchises of 2022

is an impressive $118,792.* Of course, like any

other new business, it takes time for franchise

owners to become profitable. But if you have

the financial means to get through the startup

phase and follow the playbook of your awardwinning

franchise, you have a good chance to

earn a six-figure salary.

Business ownership certainly is not for

everyone and building a successful franchise

business requires hard work. But for those

of you who do your homework to understand

all that is required to be a franchise owner and

select wisely from our list of Top 200 Franchises,

it could very well turn out to be the best professional

decision you’ll ever make.

“It’s everything that I dreamed of, and my

wife tells me I’m a very lucky man that I get

to do what I love,” said Alex Gallego, a Soccer

Shots franchisee in Syosset, NY.

“I still have that glow when I’m driving to

work in the morning,” said Lori Schubring, a

Wild Birds Unlimited franchise store owner

in Wausau, WI.

“This was always something we wanted,

owning our own business,” Danielle Miranda

said about purchasing a FASTSIGNS franchise

with her husband after serving a combined 36

years in the military. “We couldn’t be happier

with our decision.”

If you’re shopping for a franchise be sure

to review FBR’s award-winning brands on the

Top 200 Franchises of 2022 list. ■

*Average annual pre-tax income figures are

for franchisees beyond the “startup period”

who have been operating their business for two

or more years. Income figures do not include

any equity value of the business, or other assets

such as real estate, inventory, or equipment.

For more information on HomeWell Care Services

franchise opportunities:

• Call: (817) 952-9356

• Visit: homewellfranchising.com

10 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

FEATURED FRANCHISEE

MICHAEL LALLY

TWO MEN AND A TRUCK

Louisville, Lexington, Erlanger, KY;

Cincinnati, OH; Philadelphia, PA;

West Hartford & New Haven, CT

Franchise owner since 2004

What were you doing prior to being

a franchise owner?

Out of college, I worked in the chemical industry

(with a distributor and then manufacturer)

for about 10 years. Taking a huge change of

direction, I worked in the securities business,

renovated homes, and wrote a novel over the

following five years. The variety of work and

jobs helped me embrace change and accept

uncertainty.

What were you looking for in franchising that

you were not getting from your previous career?

Physical labor has always suited me, and I found

that I deeply respected the people who joined

our team and worked their butts off day after day.

What convinced you that this was the right

brand for you?

Moving is very challenging work and

unappreciated by many people. I respect most

those people who take on the least glamorous

and most difficult tasks. It is gratifying to help

others and to work on a team that appreciates

you and encourages professional growth.

What advice do you have for prospective

franchise buyers?

Before you dive into a franchise system, be

honest with yourself about your values and how

you’re wired. If you believe the fit is a good one,

dive in and never look back.

For the full interview with Michael Lally, visit

franchisebusinessreview.com/post/michael-lallytwo-men-and-a-truck.

For more information on TWO MEN AND A TRUCK

franchise opportunities:

• Call: (888) 884-1114

• Visit: franchise.twomenandatruck.com

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 11


FBR SPECIAL REPORT

THE POWER

OF FRANCHISING

Thinking of buying a franchise? You’re not alone. Franchising today is bigger

and more popular than ever. And there may never be a better time to take

control of your future.

If the last two years proved anything it’s that franchising is one of the more

resilient business sectors. While many businesses have struggled to deal with

the global health crisis, franchising as a whole held up remarkably well. In fact,

many franchises managed to grow during the pandemic.

And here is the real exciting news: Franchising is poised to take off again in 2022.

2021 Franchising Impact by Region

Midwest Northeast Southeast Southwest West

WEST:

Establishments: 156,131

Employment: 1,559,839

Output: $158.4 billion

MIDWEST:

Establishments: 169,735

Employment: 1,848,903

Output: $163.7 billion

NORTHEAST:

Establishments: 121,515

Employment: 1,258,616

Output: $137.9 billion

SOUTHWEST:

Establishments: 108,916

Employment: 1,129,423

Output: $101.8 billion

SOUTHEAST:

Establishments: 223,873

Employment: 2,456,148

Output: $218.1 billion

Powered by Bing

© GeoNames

Map Source: IFA Economic Outlook by FRANdata

12 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

Franchising: BY THE NUMBERS

8 million

The number of people the franchising sector employs in the U.S.

780,000+

The estimated number of

franchise units in the U.S. alone

3,000+

The number of different

franchises operating in the U.S.

$204,807

1 in 7 businesses in the U.S. are franchised

The average annual

income of franchise

owners who own 5+ units

$107,119

The average

annual income

of all franchise

owners

$670 BILLION

How much franchise businesses

contribute to economic output

into the U.S. economy, representing

3% of the total nominal GDP

60.8%

The percentage of franchisees who

own one franchise unit/location

$269.9

BILLION

The estimated payroll

generated by franchising jobs

Every 8 minutes

How often a new franchise

opens in the U.S. during the course

of a typical business day

90% of the

money generated

by franchising

80%

The percentage of all franchises

that are local or regional brands

STAYS

LOCAL

Sources: Franchise Business Review, FRANdata, U.S. Census

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 13


FRANCHISEE

SATISFACTION MATTERS

With thousands of different franchises available today, it’s hard to know which are potentially

good investments, and which should be avoided. There are many factors to consider when

investing in a franchise, but one of the most important is the satisfaction of current

franchise owners.

Each year, we survey thousands of franchise owners to find the companies that are truly

the best of the best. We ask the questions everyone wants to know:

• Do you enjoy operating the business?

• Are you getting the training and support you need?

• Are you making the money you expected?

• And most important... Would you recommend this franchise to others?

HOW WE SELECT THE TOP FRANCHISES

STEP 1: Invite

We invite all franchise companies based in North America

with 10 or more franchise owners to participate in our

research at no cost.

STEP 2: Survey

We contact all franchisees in the franchise companies

that choose to participate and invite them to answer a

33-question satisfaction survey covering eight key areas,

including: financial opportunity, training & support,

leadership, and core values.

STEP 4: Score

The FSI score is used to benchmark each company’s

franchisee satisfaction level against over 1,100

franchise brands representing tens of thousands

of franchisees and determine their ranking

among other participating companies.

STEP 5: Award

We identify the brands that exceed

the benchmark and recognize them

with a Top Franchise award.

STEP 3: Analyze

We analyze the responses from the franchisees and

use a weighted scale to determine an overall Franchisee

Satisfaction Index (FSI) score that ranges from 0-100. Other

factors considered in the weighting are the percentage of

franchisees that participate in the survey, the age of the

survey and the size of the franchise system.

Independent Franchise Research You Can Trust

14 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


ADVERTISING & SALES

* Our Town America

Advertising services

Town Money Saver

Advertising services

Survey

Date

Sep.

2021

Sep.

2021

Initial

Investment

$63,300 –

$86,250

$15,700

Cash

Requirement

Total

Units

$70,000 50

$15,000 –

$22,500

42

Best of the Best:

TOP 200

FRANCHISES

Discovery Map

Alternative advertising maps

Sep.

2021

$35,250 –

$44,950

$50,000 124

AUTOMOTIVE

* Christian Brothers Automotive

Automotive repair

Oct.

2021

$461,250 –

$566,400

$85,000 245

* Snap-on Tools

Automotive services

Auto Appraisal Network

Automotive appraisal services

Tint World

Automotive services

Aug.

2021

Nov.

2020

March

2021

$169,223 –

$382,235

$16,700 –

$44,275

$229,950 –

$339,950

$37,583 –

$55,545

$3,000 –

$10,000

4,788

29

$100,000 98

“I’m lucky and very

honored to be that

guy that gets to be

a Snap-on dealer.”

Ziebart

Automotive services

Sep.

2021

$297,800 –

$469,100

$150,000 384

– Snap-on Tools franchisee

RNR Tire Express

Custom wheel & tires

Sep.

2020

$500,000 –

$1,000,000

$500,000 160

BUSINESS SERVICES

* FASTSIGNS

Visual business communications

Oct.

2020

$233,555 –

$307,308

$80,000 760

* Express Employment Professionals

Staffing solutions

July

2021

$150,000 –

$366,900

$40,000 894

* ActionCOACH

Business coaching

Jan.

2021

$45,000 –

$150,000

$45,000 –

$150,000

1031

* Sandler Training

Business consulting & coaching

Network in Action

Professional networking

YESCO

Visual business communications

Sep.

2021

July

2021

March

2021

$123,525 –

$163,500

$11,000 –

$16,000

$64,300 –

$350,000

$100,000 231

$10,000 85

$60,000 101

“FASTSIGNS does a great

job putting its franchisees

in a position to succeed.”

– FASTSIGNS franchisee

AtWork Group

Recruiting services

March

2021

$154,000 –

$231,000

$150,000 99

Alphagraphics

Advertising/sales services

Aug.

2021

$264,000 –

$363,000

$100,000 296

The Entrepreneur's Source

Career ownership coaching

Feb.

2021

$117,600 –

$125,900

$100,000 126

FranNet

Business services

NEXTAFF

Staffing solutions

* InXpress

Business shipping

Office Evolution

Virtual office services

Intelligent Office

Office space

Aug.

2021

Sep.

2021

March

2021

July

2020

July

2020

$15,000 –

$30,000

$118,000 –

$156,000

$79,600 –

$169,990

$393,650 –

$1,318,300

$300,000 –

$1,000,000

$10,000 51

$150,000 31

$65,000 459

$500,000 86

$350,000 60

*This brand’s Franchisee

Satisfaction Report is available at

www.FranchiseBusinessReview.com

Best in Category

10-Year Hall of Fame Member

Featured on our Best of the Best List for 10 or more years.

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 15


Best of the Best:

TOP 200

FRANCHISES

CHILD SERVICES

* Soccer Shots

Youth sports

Spoiled Rotten Photography

Child services

Survey

Date

Oct.

2021

Feb.

2021

Initial

Investment

$44,600 –

$61,400

$33,500 –

$48,300

Cash

Requirement

Total

Units

$20,000 257

$30,000 18

Amazing Athletes

Early childhood development

Feb.

2021

$33,450 –

$64,950

$30,000 151

CompuChild

Entrepreneurship & STEM education

July

2021

$14,900 –

$29,900

$30,000 10

“It's a family culture where

everyone cares about

the other franchise and

his/her success.“

– PuroClean franchisee

CLEANING & MAINTENANCE

Anago Cleaning Systems

Commercial cleaning services

* MaidPro

House cleaning & maid services

* 360clean

Commercial cleaning services

Aug.

2020

Oct.

2021

Sep.

2021

$11,265 –

$62,500

$79,560 –

$109,800

$15,800 –

$24,000

$1,000 –

$23,500

1,719

$25,000 268

$15,000 95

Aire-Master of America

Commercial hygiene service

Dec.

2020

$54,984 –

$160,900

$50,000 115

Heaven's Best Carpet/Upholstery Cleaning

Carpet & upholstery cleaning

April

2021

$55,560 –

$110,000

$22,500 821

* PuroClean

Property emergency repair services

Oct.

2021

$83,555 –

$213,455

$55,000 –

$75,000

351

Molly Maid

Cleaning services

Oct.

2021

$110,200 –

$160,200

$65,000 507

“The franchisor is

a blessing and

genuinely cares about

us franchisees. I see

it every day.“

– Payroll Vault franchisee

* Office Pride

Commercial cleaning services

* Image One

Commercial cleaning services

Oxi Fresh Carpet Cleaning

Carpet cleaning

EDUCATION

* Mathnasium

Math learning center

Sep.

2021

Aug.

2021

Oct.

2021

April

2021

$67,500 –

$112,200

$42,775 –

$216,675

$40,900 –

$50,000

$136,380 –

$204,260

$85,000 148

$50,000 10

$40,900 475

$140,000 1,089

Creative World School

Early childhood education

Oct.

2021

$2,445,300–

$5,206,000

$400,000 –

$600,000

30

* The Learning Experience

Early childhood education

June

2021

$544,419 –

$3,586,419

$150,000 306

School of Rock

Music school

April

2021

$322,500 –

$521,100

$125,000 300

*This brand’s Franchisee

Satisfaction Report is available at

www.FranchiseBusinessReview.com

Huntington Learning Center

Tutoring services

LearningRx

Tutoring services

Oct.

2021

July

2020

$147,010 –

$266,111

$125,000 –

$175,000

$65,000 290

$75,000 49

Best in Category

FINANCIAL & TAX

10-Year Hall of Fame Member

Featured on our Best of the Best List for 10 or more years.

* Payroll Vault

Payroll services

We Insure

Insurance services

Aug.

2021

Sep.

2021

$39,313 –

$65,769

$27,500 –

$97,250

$100,000 69

$25,000 –

$85,000

186

16 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


Survey

Date

Initial

Investment

Cash

Requirement

Total

Units

FINANCIAL & TAX (CONTINUED)

Motto Mortgage

Brokerage services

Sep.

2021

$57,800 –

$81,800

$15,000 163

* Supporting Strategies

Bookkeeping services

June

2021

$77,930 –

$103,190

$100,000 106

* ATAX

Tax preparation & business services

June

2021

$53,350 –

$76,699

$40,000 62

FITNESS

Planet Fitness

Fitness club

Orangetheory Fitness

Fitness club

30-Minute Hit

Boxing & kickboxing circuit

FOOD

* Kona Ice

Frozen treats

Culver’s

Quick service

July

2021

Nov.

2020

Oct.

2021

July

2021

Aug.

2021

$968,100 –

$4,113,000

$657,542 –

$2,105,322

$122,350 –

$212,500

$127,750 –

$151,550

$2,398,000 –

$5,432,000

$1,500,000 2,059

$150,000 1,475

$45,000 92

$20,000 1,395

$500,000 –

$750,000

783

“The talent team

provides great support

to me whenever I need

assistance. I feel

blessed to have them

in my corner.“

– Supporting Strategies franchisee

Nothing Bundt Cakes

Snack retailer

June

2021

$440,800 –

$636,500

$150,000 421

A&W Restaurants

Fast casual

May

2020

$276,000 –

$1,454,750

$150,000 925

The Wendy's Company

Quick service

July

2021

$300,000 –

$3,000,000

$500,000 7,180

Pizza Ranch

Fast casual

Aug.

2021

$705,000 –

$3,602,000

$400,000 219

Tropical Smoothie Cafe

Fast casual

Oct.

2021

$257,500 –

$560,500

$125,000 –

$350,000

1,036

JFE Franchising

Food & beverage

June

2021

$20,749 –

$331,732

N/A 879

* Pizza Factory

Fast casual

Oct.

2020

$281,000 –

$552,000

$90,000 102

Wetzel's Pretzels

Quick service

April

2021

$153,100 –

$523,850

$50,000 –

$100,000

347

* Checkers & Rally's

Quick service

Penn Station East Coast Subs

Quick service

Zaxby's

Fast casual

Aug.

2021

April

2021

Sep.

2021

$724,523 –

$2,009,400

$389,731 –

$607,026

$351,000 –

$718,500

$250,000 849

$300,000 314

$500,000 1,057

“There is great financial

opportunity in the

long term.”

– Checkers & Rally’s franchisee

Fazoli's Restaurants

Fast casual

Oct.

2020

$466,750 –

$1,918,818

$500,000 216

Smoothie King

Fast casual

June

2021

$268,900 –

$858,900

$100,000 1,422

Clean Juice

Food & beverage

April

2021

$279,000 –

$523,000

$120,000 119

LaRosa's Pizzeria

Fast casual

March

2021

$800,000 –

$1,000,000

$500,000 66

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 17


Best of the Best:

TOP 200

FRANCHISES

FOOD (CONTINUED)

Wingstop

Quick service

* Chicken Salad Chick

Fast casual

Survey

Date

Sep.

2021

Sep.

2020

Initial

Investment

$347,600 –

$759,100

$562,000 –

$740,000

Cash

Requirement

Total

Units

$600,000 1,885

$200,000 181

* East Coast Wings + Grill

Casual dining

April

2021

$434,268 –

$982,275

$200,000 35

* The Haagen-Dazs Shoppe Company

Ice cream/yogurt/frozen treats

July

2021

$164,518 –

$542,768

$80,000 –

$200,000

217

Another Broken Egg Cafe

Food & beverage

April

2021

$811,000 –

$1,203,000

$500,000 109

Slim Chickens

Food & beverage

July

2021

$800,000 –

$2,000,000

N/A 136

“Operations and

procedures are great.

Thank you for keeping

it simple.“

– Chicken Salad Chick franchisee

BIGGBY COFFEE

Beverages

Teriyaki Madness

Fast casual

Wings Etc.

Fast casual

The Human Bean

Food & beverage

Eggs Up Grill

Fast casual

Sep.

2021

Nov.

2020

Sep.

2021

July

2021

Oct.

2021

$202,450 –

$418,700

$327,200 –

$678,260

$351,200 –

$1,669,369

$380,025 –

$905,205

$491,207 –

$678,011

N/A 279

$150,000 –

$200,000

112

$200,000 75

$104,000 –

$150,000

144

$150,000 54

Walk-On’s Bistreaux and Bar

Louisiana themed sports grills

Oct.

2021

$1,184,000 –

$4,430,700

$500,000 –

$1,500,000

61

Qdoba

Quick service

Oct.

2020

$475,500 –

$1,095,000

$350,000 –

$1,000,000

736

“I believe PJ’s has

a true compassion

for franchisees.“

– PJ’s Coffee franchisee

Donatos Pizza

Quick service

Capriottis

Quick service

Fuzzy’s Taco Shop

Fast casual

Robeks Juice (Robeks Fresh Juices & Smoothies)

Food & beverage

Oct.

2021

Aug.

2020

April

2021

Sep.

2021

$386,500 –

$698,900

$413,100 –

$653,000

$360,500 –

$1,219,600

$258,450 –

$353,000

$200,000 168

$150,000 –

$300,000

$150,000 –

$500,000

179

137

$100,000 85

Golden Chick

Food & beverage

July

2021

$915,370 –

$1,438,000

N/A 205

Cousins Subs

Hot & cold subs

Aug.

2020

$220,200 –

$732,500

$100,000 –

$500,000

96

Ellianos Coffee Company

Food & beverage

March

2021

$340,000 –

$575,000

$100,000 20

*This brand’s Franchisee

Satisfaction Report is available at

www.FranchiseBusinessReview.com

* Happy & Healthy Products

Ice cream/yogurt/frozen treats

* PJ’s Coffee

Quick service

Feb.

2021

Oct.

2021

$54,201 –

$95,531

$200,775 –

$584,000

N/A 31

$100,000 138

Best in Category

HEALTH & PERSONAL SERVICES

10-Year Hall of Fame Member

Featured on our Best of the Best List for 10 or more years.

100% Chiropractic

Health & personal services

Fastest Labs

Drug alcohol & DNA testing services

March

2021

Nov.

2020

$169,671 –

$400,870

$84,309 –

$111,650

$10,000 63

$75,000 64

18 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


Survey

Date

Initial

Investment

Cash

Requirement

Total

Units

HEALTH & PERSONAL SERVICES (CONTINUED)

* My SALON Suite

Private, spacious salon suites

July

2020

$680,000 –

$1,800,000

$250,000 249

FYZICAL Therapy & Balance Centers

Physical therapy centers

June

2021

$138,750 –

$361,500

$75,000 486

* The Joint

Chiropractic

Palm Beach Tan

Beauty services

Sola Salon Studios

Salon suites

Oct.

2020

Sep.

2021

Nov.

2021

$203,397 –

$378,697

$624,438 –

$926,790

$545,476 –

$1,737,517

$100,000 585

$250,000 542

$500,000 636

“Fantastic system

and leadership.”

– The Joint franchisee

* Any Lab Test Now

Lab testing services

July

2021

$133,900 –

$217,900

$90,000 201

QC Kinetix

Health & personal services

Sep.

2021

$159,030 –

$300,230

$200,000 70

Stretch Zone

Fitness services

May

2021

$106,533 –

$199,624

$55,475 –

$61,000

90

Spavia Day Spa

Day spa

The Lash Lounge

Personal services

HOME SERVICES

Nov.

2020

Oct.

2021

$353,251 –

$700,820

$242,699 –

$502,345

$200,000 48

$150,000 121

“Corporate makes

me feel like part of

a winning team.”

Premier Pools & Spas

Home services

Aug.

2021

$48,000 –

$107,500

$10,000 92

– Kitchen Solvers franchisee

* Pinch A Penny Pool Patio Spa

Pool supplies retailer

Oct.

2021

$299,000 –

$399,000

$150,000 263

WOW 1 DAY PAINTING

Painting

Jan.

2021

$67,000 –

$129,500

$50,000 66

Mr. Handyman

Home repair services

Oct.

2021

$117,500 –

$149,100

$135,000 309

* DreamMaker Bath & Kitchen

Home remodeling

June

2021

$192,225 –

$369,550

$119,900 –

$337,590

42

* Kitchen Solvers

Home remodeling

Aug.

2021

$88,031 –

$113,292

$30,000 54

Surface Specialists Systems

Home remodeling

March

2021

$43,200 –

$56,000

$25,000 47

Dryer Vent Squad

Home services

Oct.

2021

$47,000 –

$68,500

$35,000 47

Footprints Floors

Home services

Feb.

2021

$75,000 –

$97,580

$75,000 141

Mr. Appliance

Appliance repair

Oct.

2021

$78,925 –

$157,640

$85,000 347

Gotcha Covered

Retail

Aug.

2021

$75,950 –

$94,155

$10,000 –

$20,000

143

Green Home Solutions

Mold remediation

Nov.

2021

$53,095 –

$156,570

$115,000 212

Storm Guard

Home services

April

2021

$185,400 –

$221,600

$185,400 –

$221,600

37

Mr. Electric

Electrical services

Oct.

2021

$106,100 –

$244,500

$50,000 202

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 19


Best of the Best:

TOP 200

FRANCHISES

HOME SERVICES (CONTINUED)

Floor Coverings International

Floor remodeling

ShelfGenie

Shelving solutions

Survey

Date

Feb.

2021

Oct.

2021

Initial

Investment

$153,900 –

$222,400

$90,600 –

$135,500

Cash

Requirement

$153,900 –

$222,400

Total

Units

196

$50,000 223

Miracle Method Surface Refinishing

Bathroom & kitchen remodeling

Dec.

2021

$84,500 –

$180,000

$85,000 –

$90,000

172

Premier Pool Service

Home services

Aug.

2021

$26,822 –

$98,972

$10,000 27

“Boot camp opening

training support was

excellent and helped us

get off to a strong start.”

Bloomin Blinds

Custom blinds and window coverings

House Doctors Handyman Service

Home improvement

Precision Door Service

Garage door services

July

2021

June

2021

Oct.

2021

$80,000 –

$140,000

$104,625 –

$133,125

$104,480 –

$652,980

$80,000 77

$60,000 39

$150,000 110

– Dogtopia franchisee

* Sir Grout

Home services

Oct.

2021

$99,795 –

$152,530

$75,000 47

* USA Insulation

Home insulation & weatherization

Oct.

2021

$170,500 –

$346,000

$75,000 48

PatchMaster

Home services

June

2021

$79,100 –

$100,100

$50,000 –

$100,000

91

PET SERVICES

“NextHome invests

in the creative process

from start to finish. They

understand how vital

it is to be ahead, not just

to keep up.”

– NextHome franchisee

Pet Supplies 'PLUS'

Pet retailer

* Dogtopia

Dog daycare & boarding

K9 Resorts Luxury Pet Hotel

Pet services

REAL ESTATE

NextHome

Real estate

June

2021

Nov.

2020

Oct.

2021

Nov.

2021

$439,870 –

$1,317,725

$543,193 –

$1,489,801

$998,748 –

$1,891,990

$15,250 –

$214,095

$200,000 602

$300,000 176

$350,000 15

$4,250 554

Sotheby's International Realty

Real estate

Jan.

2021

$194,650 –

$627,000

$63,650 –

$206,000

785

Weichert Real Estate Affiliates

Real estate

Aug.

2021

$62,500 –

$326,200

$25,000 488

Better Homes and Gardens Real Estate

Real estate

Jan.

2021

$113,920 –

$455,000

$50,000 –

$100,000

379

New Again Houses

Real estate

July

2021

$86500 –

$167,500

$30,000 28

*This brand’s Franchisee

Satisfaction Report is available at

www.FranchiseBusinessReview.com

Best in Category

10-Year Hall of Fame Member

Featured on our Best of the Best List for 10 or more years.

Realty ONE Group

Real estate

HomeSmart

Real estate

Showhomes Home Staging

Home staging

Real Property Management

Residential property management

JPAR Real Estate

Real estate

Feb.

2021

Sep.

2021

Feb.

2021

Oct.

2021

Jan.

2021

$44,000 –

$223,000

$65,500 –

$205,000

$77,400 –

$119,500

$111,514 –

$166,964

$37,690 –

$296,400

$15,000 –

$22,000

318

$20,000 102

$30,000 –

$100,000

55

$50,000 377

N/A 63

20 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


Survey

Date

Initial

Investment

Cash

Requirement

Total

Units

REAL ESTATE (CONTINUED)

United Country Real Estate

Real estate

Oct.

2021

$10,875 –

$50,380

$15,000 473

RECREATION

American Poolplayers Association

Pool league

Kampgrounds of America/KOA

Camping services

Freedom Boat Club

Members-only boat club

* Yogi Bear's Jellystone Park

Camping services

British Swim School

Swim lessons

Sep.

2021

Feb.

2021

Sep.

2021

April

2021

Jan.

2021

$22,737 –

$29,242

$30,250 –

$9,172,925

$181,000 –

$487,500

$63,000 –

$10,000,000

$93,700 –

$125,850

$0 –

$29,242

$500,000 –

$3,000,000

335

530

$38,000 298

$250,000 75

$75,000 118

“The marketing team,

merchandise team,

operational are

outstanding people

to work with. I having

nothing but good

things to say.”

– Yogi Bear’s Jellystone Park franchisee

Monster Mini Golf

Mini golf

Nov.

2020

$431,000 –

$520,000

$30,000 27

Aqua-Tots

Sports & recreation

Sep.

2021

$502,095 –

$1,150,237

$200,000 –

$500,000

139

Streamline Brands

Swim school services

May

2021

$50,000 –

$2,000,000

$50,000 –

$600,000

182

RETAIL

* Wild Birds Unlimited

Nature retailer

Oct.

2021

$185,179 –

$311,043

$40,000 –

$50,000

354

Rhea Lana's

Children’s consignment

Feb.

2021

$20,550 –

$39,950

$15,000 105

Dash In Food Stores

Convenience store

Sep.

2020

$119,600 –

$680,300

N/A 67

Verlo Mattress

Mattress retailer

Your CBD Store

Health Services

SENIOR CARE

* Visiting Angels

In-home senior care

Oct.

2021

Aug.

2021

Oct.

2021

$214,883 –

$408,183

$66,350 –

$82,450

$84,085 –

$125,885

$43,000 –

$82,000

$50,000 –

$100,000

36

303

$59,950 725

“They do a good job and

are always looking for

ways to do things better

and more efficiently!”

– FirstLight Home Care franchisee

Right at Home

In-home senior care

Jan.

2021

$82,000 –

$150,800

$150,000 665

Home Instead

In-home senior care

Oct.

2021

$125,000 –

$135,000

$59,000 1,169

Synergy HomeCare

In-home senior care

June

2021

$50,000 –

$150,000

$50,000 404

Assisting Hands

In-home senior care

July

2021

$80,650 –

$152,600

$100,000 176

* FirstLight Home Care

In-home senior care

Aug.

2020

$113,300 –

$197,900

$100,000 226

* Senior Care Authority

Assisted living placement services

Nov.

2021

$71,095 –

$90,395

$50,000 –

$150,000

71

* HomeWell Franchising

In-home senior care

Feb.

2021

$96,000 –

$224,800

$150,000 104

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 21


Best of the Best:

TOP 200

FRANCHISES

SENIOR CARE (CONTINUED)

* Caring Senior Service

Senior Services

Oasis Senior Advisors

Senior advisors

Survey

Date

Oct.

2021

Nov.

2021

Initial

Investment

$100,899 –

$160,116

$64,890 –

$99,090

Cash

Requirement

Total

Units

$150,000 53

$40,000 106

Nurse Next Door

In-home senior care

June

2021

$109,115 –

$202,600

$30,000 110

* CarePatrol

Assisted living placement services

Oct.

2020

$77,970 –

$99,870

$50,000 150

SERVICES

* TWO MEN AND A TRUCK

Moving services

March

2021

$179,000 –

$585,000

$80,000 –

$190,000

393

Weed Man

Lawn care

Oct.

2020

$69,490 –

$86,550

$60,000 330

* Fibrenew

Leather & vinyl repair services

Oct.

2020

$87,812 –

$99,452

$15,000 –

$25,000

287

Precision Concrete Cutting

Concrete maintenance services

July

2020

$155,000 –

$181,500

$72,000 71

“TWO MEN AND A TRUCK

offers a lot of support

with accounting and

financing, and just

knowing your numbers.”

– TWO MEN AND A TRUCK franchisee

Fish Window Cleaning

Window cleaning

Mosquito Shield

Outdoor pest control

Complete Weddings + Events

Wedding & event services

Property Damage Appraisers

Property damage assessments

Junk King

Junk removal

Shine Window Care & Holiday Lighting

Window cleaning

Sep.

2020

Oct.

2020

Oct.

2021

Nov.

2021

Oct.

2021

Feb.

2021

$88,300 –

$152,600

$92,850 –

$127,040

$31,950 –

$87,250

$20,300​ –

$41,950​

$88,000 –

$174,440

$23,000 –

$98,750

$100,000 276

$150,000 274

$10,000 187

$20,300 –

$41,950

$50,000 –

$75,000

242

132

N/A 40

Glass Doctor

Glass repair & replacement

Oct.

2021

$132,300 –

$275,500

$50,000 187

Signal

Private security services

July

2020

$59,200 –

$223,150

$45,000 719

Truly Nolen of America

Pest control

April

2021

$50,200 –

$293,000

$50,000 360

College H.U.N.K.S. Hauling Junk & Moving

Junk removal services

May

2021

$108,800 –

$273,200

$80,000 180

Grasons Co. Estate Sale Services

Estate services

Oct.

2020

$48,900 –

$73,600

N/A 25

*This brand’s Franchisee

Satisfaction Report is available at

www.FranchiseBusinessReview.com

Best in Category

10-Year Hall of Fame Member

Featured on our Best of the Best List for 10 or more years.

Five Star Painting

Painting

Window Genie

Window cleaning

Junkluggers

Cleaning & maintenance services

The Grounds Guys

Landscape management

* The Glass Guru

Window restoration

Oct.

2021

Oct.

2021

Oct.

2021

Oct.

2021

Oct.

2021

$74,730 –

$184,280

$104,900 –

$187,500

$120,310 –

$275,960

$81,220 –

$200,870​

$73,555 –

$172,030

$50,000 237

$50,000 128

$75,000 77

$50,000 209

$73,555 82

22 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


Survey

Date

Initial

Investment

Cash

Requirement

Total

Units

SERVICES (CONTINUED)

Aire Serv Heating And Air Conditioning

HVAC services

Concrete Craft, LLC

Home services

Frost Shades Window Tinting

Home services

Hoodz

Commercial kitchen cleaning

* Men In Kilts, USA

Home services

NaturaLawn of America

Lawn care

* Clean Air Lawn Care

Sustainable lawn care

Oct.

2021

Sep.

2021

Oct.

2021

Nov.

2020

Oct.

2021

June

3021

Oct.

2021

$87,600 –

$216,400

$150,140 –

$241,070

$55,550 –

$89,200

$74,221 –

$179,840

$75,135 –

$114,650

$47,500 –

$112,650

$65,431 –

$112,126

$50,000 246

$110,140 100

$50,000 23

$100,000 141

$25,000 23

$50,000 108

$50,000 75

“Having a team

behind you that is

truly dedicated to your

success and committed

to providing as much

support as possible

is beyond valuable.”

– Clean Air Lawn Care franchisee

Critter Control

Wildlife control & removal

Sep.

2020

$63,525 –

$169,525

$8,075 –

$52,075

134

Driverseat Inc.

Travel & hospitality

Aug.

2021

$42,329 –

$69,457

$75,000 38

FRSTeam

Home restoration

Aug.

2021

$43,375 –

$409,000

$43,375 49

TECHNOLOGY

TeamLogic IT

IT services

Aug.

2020

$111,218 –

$142,309

$60,000 239

Wireless Zone

Technology services

* NerdsToGo

Technology services

Jan.

2021

May

2020

$160,000 –

$414,500

$133,700 –

$217,150

$175,000 433

$80,000 31

“This is the best franchise

system I have ever seen.”

– Dream Vacations franchisee

TRAVEL SERVICES

* Cruise Planners

Travel agency

Oct.

2021

$2,295 –

$23,665

$6,995 –

$10,995

2,801

* Dream Vacations

Travel agency

Oct.

2021

$1,795 –

$21,000

$3,500 1,518

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 23


Top Franchise College H.U.N.K.S. Hauling Junk & Moving ® , which was originally founded by two college buddies with a beat-up cargo van, has grown to over 170 franchises.

IS FRANCHISING RIGHT FOR ME?

Here are 5 really good reasons to invest in a franchise this year

“After years of working for others, I’m ready to strike out on my own.”

“I really like the idea of owning my own business.”

“I’m ready to be my own boss.”

“I want to control my own financial future and stop living paycheck to paycheck.”

There is plenty of motivation for

entering small business ownership. If

you have the entrepreneurial drive,

and want to reduce your risks by aligning

yourself with an established brand, then

buying a franchise is an excellent option. The

Top 200 Franchises featured in this guide are a

great place to start your journey.

But first, you should ask yourself “Is franchising

right for me?” Here are our top five

reasons to buy a franchise:

1. You see the opportunity in a marketplace.

If you know that customers are

demanding a product or service in your

marketplace, that demand could very well

signal a solid business opportunity.

2. You enjoy new challenges. Business

ownership isn’t for those who have a hard

time weathering storms. As a franchise

owner, you’ll oversee operations and finances

along with a lot of the marketing and human

resources—most likely all by yourself in the

early going. Franchising demands you wear

many hats and can handle all the challenges

that come with it.

3. You are a hard worker. One of the myths

of franchise ownership is it’s easy. Truth is

franchising—like all small business ownership—is

hard work. But it can also be incredibly

rewarding, and lucrative, if done right.

4. You excel at building relationships and

customer service. No matter what kind of

franchise you decide to invest in, you’ll likely

need to devote much of your time and energy

to business development and marketing of

your business. How well you handle this end

of your business will have a direct result on

your overall success.

5. You have available financial resources.

Small business financing can be challenging.

Having cash on hand helps, and many

new owners rely on it to fund their businesses.

Other popular financing resources include

tapping into 401K funds, borrowing

from family and friends, Small Business

Administration loans, and lines of credit.

Be sure to read our story about funding

options (see P. 32).

5 REASONS NOT TO BUY A FRANCHISE

It’s easy to fantasize how great it would be to

call your own shots—particularly if you’re

unhappy in your current job. Likewise, starting

a business because you hope to cash in

quickly or make someone else happy aren’t

good reasons to ditch your 9 to 5 job. Here are

five bad reasons for starting a business:

1. It’s more appealing than your current

job. When you aren’t happy with your boss or

salary, it’s tempting to look for any way out.

24 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

Insight & Advice From Award-Winning Brands

Top Franchise Lash Lounge offers four types of eyelash

extensions, eyelash lifts, eyelash tinting, brow tinting,

brow threading and microblading.

Truth is, owning your own business and running

a franchise takes a lot of energy, dedication,

and an investment of time and money.

2. You want to answer to yourself. If you

don’t like taking direction from your boss now,

how would you feel about receiving feedback

from your franchisor, employees, customers,

and suppliers? As a franchise owner, you need

to be prepared to answer to a variety of people.

3. You see a way to get rich quickly. It can

be discouraging to wait for pay raises, but it

can be even more discouraging to wait many

months to begin to turn a profit with your new

franchise. Most new businesses take time to

grow before the owner can start taking money

out of the business. The question is, do you

have the patience and liquidity to survive the

startup phase?

4. You want to work fewer hours. Your

dream of unlimited vacations will be cut short

when you quickly realize that your customers

and employees rely on you to keep the franchise

running—particularly in its early stages.

Ultimately, it’s up to you to make sure things

are running smoothly.

5. You dislike being given business goals.

Franchisors will set sales levels within your franchise

agreement that you’ll need to meet to

maintain your good standing with the brand. If

you’re unable to meet these sales levels, you run

the risk of your franchisor deciding to not renew

your franchise contract when the time comes.

Franchise Business Review asked executives from our Best in Category

Brands of 2022 to provide insight on what they look for in top candidates

and to offer advice for those considering whether to take the plunge into

franchising.

What do you look for in franchise candidates?

“We’re looking for proactive sales-building, most often, a C-level executive or a

VP of sales. We’re looking for people in our business that want to be engaged

in the community.”

— FASTSIGNS Chief Development Officer Mark Jameson

“You need to be a well-rounded individual. That means you have to have good

communication skills. We are in the customer service industry as much as we

are in the technology industry. You have to be wanting and willing to interact

with other business owners and network to support the brand in the local

market. You also need to have solid financial acumen, good leadership skills

and solid values.”

— TeamLogicIT President Dan Shapero

“The large majority of our franchisees don’t come from the automotive industry.

We’re looking for people that are great leaders, want to take care of their

people, and want to make an impact on those people in the community that

they’re a part of.”

— Christian Brothers President Donnie Carr

What advice do you have for franchise candidates?

“Find something you’re passionate about. Find an industry that you really think

you can get behind and that gives you a sense of waking up every day and

having purpose.”

— NextHome CEO James Dwiggins

“We encourage candidates to talk to as many franchisees in our system as

possible. There’s an important reason for that, from building camaraderie with

a network of franchisees but also asking them what they love about working

within the system.”

— TWO MEN AND A TRUCK President Randy Shacka

“Guiding your future is really a compilation of knowing where you’ve been,

who you are, and being able to goal-set to where you want to go, regardless

of the sector. If you’ve got passion to do this, I believe franchising is the place

to do it with a group of people that are like minded, that have already done it,

have been successful.”

— Visiting Angels Director Dave Ritterling

NOT ALL SMALL BUSINESSES

ARE CREATED EQUAL

Once you’ve determined that you want to

invest in a franchise for the right reasons, you

have plenty of options. There are over 3,000

brands operating in the U.S. today and hundreds

of new ones entering the market each

year. First, you can choose what sector you

want to enter, and whether you prefer to offer

a product or a service. Then, you have other

factors to consider. Do you prefer to run your

business from home, or do you need to lease

or purchase space?

By investing in a franchise, you buy into

an existing brand and business model that

comes with a proven track record. You’ll also

get access to a training program, vendors, and

corporate support. And you’ll benefit from

being part of a network of franchisees doing

the same job in different locations.

If you’re a tenacious person with a strong

vision and a desire to delight customers,

franchise ownership might be right for you.

A great place to start your journey is

Franchise Business Review’s Pathway to Franchise

Ownership, a free online tool (see P. 2

for details). ■

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 25


FBR SPECIAL REPORT

FBR Franchise Ad_Third_Pg_2022_4PRINT.pdf 1 1/3/22 10:14 AM

FEATURED FRANCHISEE

Independent Survey shows Franchise Owners are Highly Satisfied!

®

In-Demand Products & Services

15 Year Track-Record of Franchise Success

Proven Phased-Growth Executive Model

World-Class Franchise Training & Support

No Glass Industry Experience Required

LEAH & MIKE MORRELL CM

C

M

Y

We broke all the rules back in 2004 with our

unique industry-disrupting foggy window

repair service. Since then, we’ve become

America’s Favorite Neighborhood Glass Shop.

BEFORE

AFTER

PROPRIETARY

FOGGY

WINDOW

REPAIR

SERVICE

East Coast Wings + Grill

Lynchburg, VA

Franchise owner since 2016

MY

CY

CMY

Find out why The Glass Guru is becoming one

of the most recognized franchise brands in

home services, and why we continue to set

records during these uncertain times.

K

What were you doing prior to being

a franchise owner?

Having held many leadership positions in the

nuclear industry this gave us a solid foundation

on how to form and lead a team to a successful

outcome. Also, the nuclear industry follows rigid

procedures and processes with no room for error.

The franchise is also a process that you conform

to and follow to be successful.

What are the most critical skills that you feel

are needed to be successful?

Patience. Leadership. Empathy. Attention to

detail. Gratitude. Starting a business takes time

and you have to be patient and make the right

and wrong decisions to learn and grow.

What were you looking for in franchising

that you were not getting from your previous

career?

Fun. Independence.

What convinced you that this was the right

brand for you?

The food. The corporate staff. And knowing our

market here and how well we knew this brand

would do in this area.

What advice do you have for prospective

franchise buyers?

Talk to (franchise owners). Understand

the training process in and out. Keep your

expectations low for the first year. Be patient.

Your employees are the key—value them, show

up (be present), show them how much you

appreciate them. They will make or break you.

For the full interview with Leah and Mike Morrell,

visit franchisebusinessreview.com/post/mike-leahmorrell-east-coast-wings-grill.

FIND YOUR WAY TO SUCCESS TODAY!

888-998-9552 | TheGlassGuruFranchise.com

This ad and the franchise sales information on this ad do not constitute an offer to sell a franchise. The offer of a franchise can be made only through the delivery of a

Franchise Disclosure Document (FDD). Certain states/provinces require that we register the FDD in those states/provinces. We will not offer or sell franchises in those

states/provinces until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the FDD to the prospective franchisee

in compliance with applicable law. For more information, please see our Franchise Disclaimer. https://theglassgurufranchise.com/why-franchise-with-us/disclaimer.

HEAT UP YOUR FUTURE

WITH THE COOLEST

INSULATION FRANCHISE

• Award-Winning and

Ranked #1 in Category

• Easily Scalable Business

Model for Expansion

• Dedicated Business and

Marketing Coaching

• No Industry Experience

Required to Start

• Steady Demand for Home

Insulation Services

• Proprietary Foam Products

Made in the USA

For more information on East Coast Wings + Grill

franchise opportunities:

• Call: (336) 760-4985

• Visit: eastcoastwingsfranchise.com/

USAINSULATIONFRANCHISE.COM

26 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

FEATURED FRANCHISEE

FRANCHISE OPPORTUNITY

BECOME

YOUR

$

1.5M

AVERAGE STORE

REVENUE*

Own A Pinch A Penny Franchise!

With 45+ years of sales growth and an average store revenue of over

$1.5M*, we can help you build a better future for you and your family.

• Multiple Revenue Streams

in Pool & Home Services

• Year-Round Essential Business

Kandace | Owner

N. Houston, TX

• Proven Business Model with

Unmatched Support

• Work-Life Balance for You & Your Family

*For the year ending December 31, 2020 Pinch A Penny had 257 stores open. Of those stores, 253 have been open at least one year. Of those

open at least one year, the average annual gross sales were $1,525,624 and some stores (40%) had annual gross sales that exceeded the average.

Your results may differ. There is no assurance that you will do as well. See our 2021 franchise disclosure document for more information.

Call 844.740.5139 today or visit PinchAPennyPoolFranchise.com

MITCH RICHEY

The Glass Guru

North Indianapolis, IN

Franchise owner since 2010

Can you share a bit about your background?

I was working in window sales and management

and also billboard advertising, so I felt I knew the

business and was fully prepared to do this.

What are the most critical skills that you feel

are needed to be successful?

Employee development. Even before I opened

my The Glass Guru business, I had a lot of

experience in hiring and training employees.

What were you looking for in franchising that

you were not getting from your previous career?

Freedom. I can work the hours I want to work

and I make enough money now to take the trips

I want to take. I don’t have to answer to anyone

now but myself, and it’s worked out pretty well

for me.

How did you discover your franchise brand?

My best friend opened a Glass Guru in Indy

South and I saw the success he was having so

I jumped on the opportunity to open another

franchise in Indy North. The whole thing took

about six months, from start to finish.

What convinced you that this was the right

brand for you?

This a recession-proof business and a great

low-cost alternative for customers.

What advice do you have for prospective

franchise buyers?

Listen to corporate. They know a lot more

than you about what works and what doesn’t.

They’ve been there and done that. Follow their

recommendations.

For the full interview with Mitch Richey, visit

franchisebusinessreview.com/post/mitch-richeythe-glass-guru.

For more information on The Glass Guru franchise

opportunities:

• Call: (877) 654-8507

• Visit: theglassgurufranchise.com

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 27


FBR SPECIAL REPORT

Congratulations!

2022 Hall of Fame Inductees

Franchise Business Review’s Hall of Fame celebrates franchises that have demonstrated long-term

commitment to listening to and doing right by their franchisees. Induction into our Hall of Fame is

reserved for brands that have appeared on our annual list of Top Franchises at least 10 separate

times since we started surveying franchise owners and analyzing Franchisee Satisfaction in 2006.

This year, we are proud to induct nine exceptional companies into the 2022 Hall of Fame. Each

franchise has shown an ongoing dedication to the success of their franchise owners, and are an

excellent option to consider when deciding on what is the best brand to invest in.

2022 INDUCTEES (in alphabetical order):

Top Franchise Award Winner:

2022, ‘21, ‘20, ‘19, ‘18, ‘17, ‘16, ‘15, ‘14, ‘13

“We consistently exceed the support needs of our

franchise owners. As a franchisor our support really stands

out based on the level of care and commitment that our

entire team has for the success of our owners. Our team

cares about the success of our franchise owners, and

it’s evident in the way we all go above and beyond to

meet and exceed their expectations.”

— Jason Leverant, President & COO

Top Franchise Award Winner:

2022, ‘21, ‘20, ‘19, ‘18, ‘17, ‘15, ‘14, ‘13, ‘10

“Our culture of love and inclusivity is what makes

a BIGGBY ® COFFEE so valuable in communities.”

— John Gilkey, President

Top Franchise Award Winner:

2022, ‘21, ‘20, ‘19, ‘18, ‘17, ‘16, ‘14, ‘13, ‘12

“Our franchise partners are our largest assets, so we treat

them as such. We consistently look to evolve our services,

technology, marketing, and client interactions to improve

the experience for our franchise partners.”

— Roman Cowan, Brand President

Top Franchise Award Winner:

2022, ‘20, ‘19, ‘18, ‘17, ‘16, ‘15, ‘14, ‘13, ‘12

“Our job is to assist franchisees in maximizing their

return on investment by: 1) Giving them the tools

to accomplish this and 2) Removing as many barriers

that would potentially impede their ability to maximize

return at the store level as possible.”

— Craig Dunaway, President

28 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

Top Franchise Award Winner:

2022, ‘21, ‘20, ‘19, ‘18, ‘17, ‘16, ‘15, ‘14, ‘13

“Our Franchise Support Team is the most caring, competent

group committed to the success of our franchisees and their

team. From launching the franchise to more mature stages

of business, our team is among the best in the business.

We’re especially adept at business development, marketing

and ongoing operational support.”

— Justin Bredeman, CEO & Partner

Top Franchise Award Winner:

2022, ‘21, ‘20, ‘19, ‘18, ‘17, ‘12, ‘11, ‘10, ‘09

”Town Money Saver has always strived to provide

franchisees an opportunity for an unlimited income and

flexible lifestyle options with little to no overhead. Our

brand requires no employees and has always been built

around a remote working environment, which gives

franchisees more flexibility to run their business the way

they see fit. And with the Covid and labor issues of 2020

and 2021, that was huge.”

— Bill Zirzow, President & CEO

Additional Inductees:

Top Franchise Award Winner:

2022, ‘21, ‘20, ‘19, ‘18, ‘17, ‘16, ‘15, ‘14, ‘13

“YESCO has been in the sign industry for over 100 years.

Our collective experience is the basis for the training and

ongoing support we offer our franchisees. … We continue

to improve our proprietary software and apps to support

our network. We also leverage our combined spend from

both corporate and franchise locations to support our

purchasing program.”

— Sam Fisher, Senior VP

Top Franchise

Award Winner:

2022, ‘21, ‘20, ‘19, ‘18,

‘16, ‘15, ‘14, ‘13, ‘08

Top Franchise

Award Winner:

2022, ‘20, ‘19, ‘17, ‘13,

‘12, ‘11, ‘10, ‘09, ‘08

Franchises on FBR’s Best of the Best List for 10 or More Years

ActionCOACH

AdvantaClean

Aire-Master of America

American Poolplayers Association

Anago Cleaning Systems

AtWork

Better Homes and Gardens Real

Estate

BIGGBY Coffee

BrightStar Care

Budget Blinds

CarePatrol

CertaPro Painters

Christian Brothers Automotive

College Hunks

CompuChild

Critter Control

Cruise Planners

Dream Vacations

East Coast Wings + Grill

FASTSIGNS

FirstLight Home Care

Fish Window Cleaning

Five Star Painting

FRSTeam

Happy & Healthy Products

Heaven’s Best Carpet/ Upholstery

Cleaning

Home Care Assistance

Home Instead Senior Care

HomeVestors of America

Homewatch Caregivers

HouseMaster

Jan-Pro Cleaning Systems

JumpBunch

Just Between Friends

Kampgrounds of America/ KOA

LaRosa’s Pizzeria

Learning Express

MaidPro

Mathnasium

Miracle Method Surface

Refinishing

Murphy Business & Financial

Nothing Bundt Cakes

Office Pride

Our Town America

Oxi Fresh Carpet Cleaning

Padgett Business Services

Palm Beach Tan

Paul Davis

Penn Station

PIP Printing & Document Services

Pop-A-Lock

Precision Concrete Cutting

Proforma

Rhea Lana’s

Right at Home

Sandler Training

ShelfGenie

Showhomes Home Staging

Sir Speedy

Sit Means Sit Dog Training

Snap-on Tools

Soccer Shots

Sotheby’s International Realty

Surface Specialists Systems

TeamLogic IT

TGA Premier Sports

The Grout Doctor

The Maids

The Tutoring Center

Town Money Saver

Truly Nolen of America

TSS Photography

Two Men and A Truck

U.S. Lawns

United Country Real Estate

Visiting Angels

Weed Man

Wild Birds Unlimited

YESCO

Young Rembrandts

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 29


FBR SPECIAL REPORT

BUSINESS SERVICES HOME SURFACES SENIOR CARE

TM

ActionCOACH

Initial Investment: $45,000 – $150,000

Cash Requirement: $45,000 – $125,000

Total Units: 229

Business coaching is booming and the global

demand is unprecendented. Business coaching

is the second fastest growth industry behind

IT. ActionCOACH offers you a flexible work-life,

with little overhead and high margin returns.

ActionCOACH is the world’s #1 business coaching

franchise with +27 years of experience. Spanning

+60 countries, our nearly 1,000 ActionCOACHes

work with more than 18,000 businesses weekly

changing lives through re-education. Becoming

part of the ActionCOACH family connects you to

a global community of professionally certified

experts. The training is unparalleled, the ongoing

support is unmatched, and you get to access the

library of ActionCOACH’s methodologies. Work

with clients you choose and start living the life

you have always wanted.

For more information on ActionCOACH

opportunities, call (702) 795-3188,

email franchising@actioncoach.com,

or visit www.actioncoach.com/franchise.

Surface Specialists

Initial Investment: $43,000

Cash Requirement: $25,000

Total Units: 49

By offering more diverse variety of service

options than any other franchise in the bathroom

and kitchen repair and refinishing industry and

capitalizing on 40 years of experience; Surface

Specialists reputation as The Repair & Refinishing

Experts is not just a slogan or tagline. It is a

proven fact. Franchises specialize in bathroom

and kitchen surface repairs and refinishing,

acrylic tub and shower liner installations, tub

to shower conversions, vinyl window repair,

whirlpool plumbing/mechanical repairs and so

much more. Benefits include low franchise fee,

home based business, proven products and

techniques, large territories, comprehensive

training program and experienced on-going

technical support.

For more information on Surface Specialists

opportunities, call (866) 239-8707,

email info@surfacespecialists.com,

or visit www.surfacespealistsfranchise.com.

Senior Advocacy and Living Source

Senior Care Authority

Initial Investment: $71,095

Cash Requirement: $50,000

Total Units: 70

Senior Care Authority, a full-service Eldercare

Consulting franchise, provides assistance to

those who need to identify the best locations

for seniors to live and receive appropriate

care. There is no cost to families for placement

services (assisted living and memory care

communities/care homes pay a fee to advisors

for introducing and placing residents in their

location). In addition to placement services,

Senior Care Authority offers a wide range of

Eldercare Consulting assistance for client

needs outside of residential care as well as the

exclusive Beyond Driving with Dignity program,

to assist older drivers and their families find

peaceful resolution to this very sensitive issue.

Services provided help reduce the significant

amount of stress many families experience trying

to make care decisions for a loved one.

For more information on Senior Care Authority

opportunities, call (888) 809-1231 x2,

or visit www.seniorcareauthority.com/seniorcare-franchise-opportunities.

30 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

FEATURED FRANCHISEE

Own a Friendly

Franchise with

Serious Benefits

MENINKILTSFRANCHISING.COM

• Unforgettable Brand with Bold Style and Culture

• Recognized for Franchise Owner Satisfaction

• Recurring Revenue Model and Steady Demand

• Customized Marketing Plans and Coaching

• Simple Operations with No Required Office Space

• National Contact Center Handles Inquiries

MATT KOSTY

Wild Birds Unlimited

Fayetteville & Camillus, NY

Franchise owner since August 2017

What were you doing prior to being a

franchise owner?

I am a Fortune 500 dropout! I was a VP of HR

for the western division of an integrated health

care organization. After that, I was the Director of

Operations for a closely-held family business in

Syracuse, NY. Having a background in operations,

finance and human resources allows me to look

at the business holistically.

What are the most critical skills that you feel

are needed to be successful?

Personnel management, listening, and leading

by example. I was fortunate enough to have

those skills when I purchased the franchise. The

franchise has helped me to hone those skills

relative to the overall mission of bringing people

and nature together with excellence.

What were you looking for in franchising that

you were not getting from your previous career?

Freedom, quality of life, and the ability to set

my own course.

What convinced you that this was the right

brand for you?

The people, alignment, and the opportunity. The

one factor that put it over the top for me was joy.

This is a joyful hobby.

What advice do you have for prospective

franchise buyers?

Do your research. Talk to current franchisees.

Visit the locations. Make sure the people running

the franchise are good people who work to make

you successful.

For the full interview with Matt Kosty, visit

franchisebusinessreview.com/post/matt-kostywild-birds-unlimited.

For more information on Wild Birds Unlimited

franchise opportunities:

• Call: (888) 730-7180

• Visit: wbufranchise.com

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 31


Just like buying a home, buying a franchise is a major investment. It’s advised that you consult with a franchise attorney as well as an accountant when analyzing

your franchise investment options.

WHERE TO GO FOR

FRANCHISE FINANCING

The good news is there are several options to pick from

It’s never too early to think about how

you’re going to finance your new

franchise business. The good news is you

have several options. But in the beginning

stages of entrepreneurship, it can be confusing

to sort it all out. That’s where a trusted finance

partner can help.

When exploring financing options, you’ll

want a lender that has experience with franchise

funding. They will be able to walk you

through which financing options work best

for you, your current situation, and your

needs. Here are the most common options for

financing your new franchise business.

THE FRANCHISOR

Some franchisors offer financial assistance

to new franchisees or special groups such as

veterans, women, or minorities. For instance,

certain brands may offer to waive or discount

the franchise fees, offer a loan based on simple

interest with no principal, or offer deferred

payments for a period of time. Others will

help you connect with outside lenders to get

funding. This information can be found in

Item 10 of the company’s Franchise Disclosure

Document (FDD). When speaking with

franchise companies, ask them to clarify any

financing options they offer or third-party

financing partners they may work with.

THE SMALL BUSINESS ASSOCIATION

SBA Loans are one of the most common

forms of financing and allow many small

businesses owners to get up and running,

have the cash flow and access to capital that

32 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FBR SPECIAL REPORT

they need. These loans—up to $5 million—are

guaranteed by the Small Business Administration

(SBA) and lent by banks. Interest rates on

these loans will fluctuate, but the actual rate is

subject to SBA maximums, which are tied to

the prime rate. There are several types of SBA

loans, with the most common one being the

7(a) program.

Low-doc SBA Loans are an alternative

option for those searching for lower amounts

of capital, $150,000 or less. These loans offer

you the same benefits as SBA Loans with a

shorter turn-time.

Franchise Business Review encourages you

to talk your local bank about the SBA Loan

options they offer, so you can make an

informed decision on what works best for you.

RETIREMENT ACCOUNTS

Using a program called Rollovers as Business

Start Up (ROBS), you can invest up to 100% of

your retirement funds into a franchise without

taxes, penalties or a loan. To qualify for

ROBS you must have at least $50k in eligible

retirement accounts such as an IRA, 401(k),

or 403(b). Your retirement funds can be combined

with a spouse’s, partner’s or traditional

business loans.

MUTUAL FUNDS OR OTHER SECURITIES

A security-backed loan enables you to take

a loan using a financial portfolio, such as a

mutual fund, as collateral. There are several

potential advantages to doing so. First, you can

leave your portfolio in place, which enables it

to grow. Second, because the loan is backed

by your portfolio’s value, the interest charged

will be lower than for an unsecured loan. It is

important to note that the risk of borrowing

against the value of your securities is that if

your investments fall in value, the money

borrowed will emphasize your losses.

SECURED LOANS

You’re more likely to qualify for a loan when

you secure it with a mortgage on your home or

other asset. When banks offer secured loans,

they also typically require a certain percentage

down, typically around 20% to 30%. In

other words, they won’t fund 100% of your

purchase; they want to ensure you’re able to

contribute as well.

UNSECURED LOANS

You don’t need collateral to qualify for an

unsecured loan, which can happen in just

three weeks. They are a great option if you

need a fast funding solution. If you have a

high credit score, banks and credit unions

are good sources for unsecured loans. If your

credit score is lower than the required range

for banks and credit unions, consider a thirdparty

lender. Though they reduce some risk

for borrowers, they usually come with higher

interest rates and shorter payoff terms.

Choosing between secured and unsecured

loans often comes down to what your available

options are and whether you can save money

overall with one choice or another. For many,

a lifetime of credit and loans will include both

secured and unsecured debt. The trick is figuring

out which type to use.

PERSONAL LOANS

Loans from friends and family are also very

common. These can come in the form of

gifts or more formally as loans with specific

payment schedules. Loans from friends and

family often come with greater flexibility

but the terms should be formalized to avoid

damaging personal relationships. Speak with

your accountant on how to best structure this

type of loan before taking any money from

friends and family.

HOW TO APPLY FOR

FRANCHISE FINANCING

No matter where you go for franchise financing,

you’ll likely need to produce certain documents

in order to prove your creditworthiness

as a borrower. Be ready to provide your lender

the following information:

• Credit history—this tells lenders how

reliable you will be as a borrower based on

your past borrowing history.

• Personal financial statements—lenders

will want to know that you are in good financial

health before they hand over a lump sum

of money. They will want to see your current

bills, debts, tax returns, and loans as well as

your savings, income and assets.

• Business plan—Lenders will want to see

your business plan so that they can understand

how you will be using the money they are

lending you—and determine if your business

TIP 1

Just like buying a home, buying

a franchise is a major investment.

It’s advised that you consult with

a franchise attorney as well as an

accountant when analyzing your

franchise investment options.

TIP 2

When speaking with franchise

companies, ask them to clarify

any financing options they offer

or third-party financing partners

they may work with.

TIP 3

No matter where you go for

franchise financing, you’ll

likely need to produce certain

documents in order to prove your

creditworthiness as a borrower. Be

ready to provide your lender your

credit history, personal financial

statements, and business plan.

is a strong investment. If you are buying a

franchise with a well-known brand name and

a proven track record of success, lenders will

be more likely to grant you funding. But keep

in mind that most lenders will require a credit

card check before issuing any loans.

Just like buying a home, buying a franchise

is a major investment. It’s advised that you

consult with a franchise attorney as well as

an accountant when analyzing your franchise

investment options.

No matter where you’re at in your search

for business funding, know that you have

options. ■

For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 33


Brand Recognition

Starting a business from scratch takes time and

money. Franchises, on the other hand, provide

well-known services and products with

established customer bases already built in.

Be Your Own Boss

Franchise owners are in business for

themselves, but not by themselves. That’s

the advantage of being part of a large and

successful franchise system.

Proven Business Model

Franchising is a multi-billion dollar global industry,

and it shows no signs of slowing down. Why?

Because it’s proven to be a very successful

business model.

Proven Playbook

Let’s face it, starting any business is risky.

That being said, the risk is lower when

opening a franchise because you’re buying

into a time-tested business system.

ADVANTAGES

OF FRANCHISING

Buying Power

A network of franchises has the opportunity

to purchase goods at a deep discount by

buying in bulk. The franchisor can use the

size of its network to negotiate deals that

every franchisee benefits from. A lower cost

of goods lowers the overall operation costs

of the franchise.

Business Assistance

Franchises will share financial metrics, best

practices, and other proprietary information

to help you operate a more successful

business. FBR’s top-rated brands are

recognized for the outstanding support they

provide their franchisees.

Bigger Profits

In general, franchises see higher profits than

independently established businesses. Most

franchises have recognizable brands that

bring customers in droves. This often results

in higher profits for franchisees.

For more news and

information regarding

franchising and the

processes, scan the

QR code to explore

the Pathway to

Franchising tool on

the FBR website!

34 | For more information on the companies in this report, visit www.FranchiseBusinessReview.com


FRANCHISE OPPORTUNITIES

AVAILABLE NATIONWIDE

®

COMPUTER SERVICE

As a growing $29 billion industry, signage and

graphics will be in demand as long as businesses

need to be seen. FASTSIGNS ® will be there to

create captivating, high performing visuals for

businesses around the world.

• Over 750 locations in 9 countries

• Business-to-Business hours

• Low staffing requirement

• Professional business clientele

As the leading computer services franchise, NerdsToGo is

an executive model franchise with low employee count

and a mobile business with productive physical footprint.

• Over 30 locations in 15 states and growing!

• Over 400 markets available nationwide

• Diverse & recurring revenue stream

• Limited nights and weekends

• Low staffing requirement

• Award-winning franchise support

50% Off Franchise Fee for Veterans and

First Responders on all of our franchise brands

FOR MORE INFORMATION ON OUR FAMILY OF BRANDS:

Contact Mark Jameson at mark.jameson@propelledbrands.com or visit us online at propelledbrands.com

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