There are 3,000 different franchises available in the US, and they fall under five general categories. Cost-wise, they range from $50,000 to over $1,000,000.
This category includes everything from:
* ice cream shops like Dairy Queen, ($382,000-$1,828,000 total investment);
* to fast food franchises like Buffalo Wild Wings, ($1,389,200 – $3,148,200 total investment);
* to sandwich shops like Subway ($84,300 – $258,300)
Since food-related franchises are the most visible of all franchise types, (as well as being the highest percentage of franchises) it’s a common starting point for would-be franchise owners, who like the idea of associating with a popular type of business.
Retail… read Joel Libava’s full article here.
~ Happy Xmas, Joel ~ Cris
Types Of Franchises And How To Find Them