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Find Out Which Franchises Entrepreneurs Are Choosing in 2024

Discover franchises that excel in key areas evaluated by our experts, including financial performance relative to startup costs, strong brand leadership, comprehensive initial training and support, high franchisee satisfaction, and significant growth potential.

#1 - Superior Fence & Rail

Home Services

Limited Territory Availability

Superior Fence and Rail specializes in providing high-quality fencing solutions with a focus on superior craftsmanship and customer service. What sets it apart is its robust support system and strong brand reputation in the fencing industry.

Who It Is For: This franchise is ideal for individuals with strong leadership skills and a background in sales and marketing. No prior industry experience is needed, making it perfect for those looking to build relationships within their community.

Business Operation: The business can be operated fully mobile or remotely, with no need for a physical location to start.

Initial Investment: The total initial investment ranges from $130,500 to $206,800*. New owners should have access to at least $50,000 and can utilize SBA loans and other financing options.

#2 - City Cave

Wellness

Prime Markets Still Available

City Cave is a global leader in float therapy and wellness services, known for its exceptional approach to holistic health. With a strong reputation and over 80 locations worldwide, City Cave offers franchisees a recognized name that attracts and retains customers in the growing wellness industry.

Who It Is For: This franchise is perfect for individuals passionate about health and wellness, who are eager to scale a brand across multiple locations. It requires strong leadership skills and a desire to make a positive impact on community health.

Business Operation: City Cave locations are retail-based and can be operated semi-absentee by hiring a strong general manager to oversee daily operations.

Initial Investment: The total initial investment ranges from $708,750 to $967,000*. Prospective owners should have access to at least $200,000 in liquid assets, with opportunities for SBA loans and other financing options.

#3 - That 1 Painter

Home Services

Prime Markets Still Available

That 1 Painter is the fastest-growing painting franchise in the nation, known for its exceptional quality and customer service. With a strong reputation and a comprehensive support system, franchisees are empowered to build successful and profitable businesses in the booming home improvement industry.

Who It Is For: This franchise is ideal for individuals with strong sales and marketing experience, looking to take ownership of their business. No prior industry experience is required, making it accessible to those eager to manage and grow a business.

Business Operation: The business is fully mobile, requiring no physical location, allowing for flexible and efficient operations.

Initial Investment: The projected initial investment ranges from $113,000 to $142,000*. New owners should have at least $45,000 in liquid assets and can utilize SBA loans and other financing options.

#4 - Gameday Health

Medical/Wellness

Limited Territory Availability

Gameday Health is a wellness-focused franchise offering specialized health and fitness services, designed to help clients achieve peak performance and well-being. The brand stands out for its science-backed treatments and personalized approach to health.

Who It Is For: This franchise is perfect for entrepreneurs passionate about health and fitness, who are eager to help others feel their best. Ideal candidates are driven to exceed KPIs and achieve business goals, making a positive impact in their community.

Business Operation: Gameday Health operates from a physical location and can be run semi-absentee by hiring a strong on-site manager to handle daily operations.

Initial Investment: The initial investment ranges from $227,075 to $386,469*. New owners should have at least $200,000 in liquid assets and can utilize SBA loans and other financing options.

#5 - Milkshake Factory

Food/Beverage

Prime Markets Still Available

The Milkshake Factory is a premium dessert franchise specializing in handcrafted milkshakes, chocolates, and other gourmet treats. It’s known for its high-quality ingredients and delightful customer experience, making it a beloved destination for sweet treats.

Who It Is For: This franchise is ideal for community builders who are passionate about delivering quality and creating memorable experiences. It's perfect for individuals looking to scale a high-potential brand across multiple locations.

Business Operation: The Milkshake Factory operates from retail locations and can be managed semi-absentee by employing a strong on-site manager to oversee daily operations.

Initial Investment: The initial investment ranges from $476,705 to $739,508*. Prospective owners should have access to at least $200,000 in liquid assets and can utilize SBA loans and other financing strategies.

#6 - The Brothers That Just Do Gutters

Home Services

Limited Territory Availability

The Brothers That Just Do Gutters is a specialized franchise focusing exclusively on gutter installation, repair, and maintenance. Renowned for its professionalism and high-quality service, the franchise provides a niche solution in the home improvement sector.

Who It Is For: This franchise is ideal for driven individuals with no prior industry experience but a strong desire to succeed. Candidates should value integrity, enjoy working with people, and follow established systems. No experience in gutters or home services is required—just a passion for learning and delivering value.

Business Operation: The business is fully mobile, requiring no physical location. Franchisees can choose to hire a manager to handle daily operations or operate as a full-time owner-operator.

Initial Investment: The initial investment ranges from $143,750 to $205,000*. New owners should have at least $100,000 in liquid assets and can utilize SBA loans and other financing strategies.

#7 - Soccer Stars

Youth Sports

Prime Markets Still Available

Soccer Stars is a leading youth sports franchise specializing in teaching soccer fundamentals and promoting physical fitness. Known for its positive impact on children, the franchise provides engaging and educational sports experiences in communities.

Who It Is For: This opportunity is perfect for those passionate about making a positive impact on kids and their community through sports. Ideal franchisees have experience working with children, a love for sports (though not necessarily athletic), strong networking and sales skills, and are outgoing. Experience in managing hourly employees is also a plus.

Business Operation: The business is fully mobile, requiring no physical location. Franchisees can choose to hire a manager to handle daily operations and run the business semi-absentee or take a hands-on approach as an owner-operator.

Initial Investment: The initial investment ranges from $73,300 to $106,300*. Prospective owners should have access to at least $100,000 in liquid assets and can utilize SBA loans and other financing strategies.  

#8 - The Tox

Wellness

Prime Markets Still Available

The TOX is a wellness franchise specializing in lymphatic drainage and body sculpting techniques, offering unique treatments that promote detoxification and overall well-being. Known for its innovative approach, The TOX stands out in the wellness and beauty industry.

Who it is for: Ideal for entrepreneurs passionate about health and wellness, The TOX franchise requires no medical experience or licensure. Suitable candidates are compassionate leaders who resonate with the mission of providing great jobs in the wellness/beauty industry, appreciate a women-owned company, and have strong community ties and communication skills.

Business Operation: The TOX operates from a physical location. Franchisees can choose to hire a strong on-site manager for day-to-day operations, allowing for a semi-absentee ownership model, or they can be hands-on as owner-operators.

Initial Investment: The initial investment ranges from $236,250 to $399,000*. New owners should have access to at least $200,000 in liquid capital and can take advantage of SBA loans and other financing options.

#9 - Temporary Wall Systems

Business Services

Limited Territory Availability

Temporary Wall Systems specializes in providing modular wall solutions for construction, renovations, and events. The franchise offers a versatile and in-demand service, known for its flexibility and efficiency in creating temporary spaces.

Who It Is For: This franchise is ideal for individuals with strong sales and marketing experience, seeking to scale to multiple locations. No prior industry knowledge is required, making it accessible for those looking to enter the modular solutions market.

Business Operation: The business does not require a physical location, offering a low-overhead operation. Franchisees can choose to manage the business as an owner-operator or hire a manager to handle daily operations, allowing for a semi-absentee ownership model.

Initial Investment: The initial investment ranges from $145,447 to $352,497*. Prospective owners should have access to at least $200,000 in liquid capital and can utilize SBA loans and other financing strategies.

#10 - ERA Group

Business Services

Prime Markets Still Available

ERA Group is a global leader in cost management and business strategy, helping organizations optimize expenses and improve operational efficiencies. The franchise is known for its proven methodologies and results-driven approach.

Who It Is For: This franchise is ideal for high-performing top-level managers, C-Suite leaders, entrepreneurs, and individuals experienced in solution sales to the C-Suite. It suits those who excel in strategic thinking and relationship-building at the executive level.

Business Operation: ERA Group operates fully remotely with no need for employees. Franchisees can focus on financial analysis or leverage their skills in sales and marketing. A financial background is not necessary, as the franchise provides comprehensive training and support.

Initial Investment: The initial investment ranges from $76,000 to $105,900*. Prospective owners should have access to at least $100,000 in liquid assets and can take advantage of SBA loans and other financing options.

Want to Find More Franchises?

There are over 4,000 available franchises, and our team has curated a list of certified brands that meet our rigorous criteria. Currently, we have 95 franchises across 20+ industries on that list.

Our franchise advisors will use our 'Franchise Discovery System' to match you with the franchises that align with your experience, goals, and investment level. They will also check availability in your area and guide you through the entire process at absolutely no cost to you. Connect with us to find your perfect franchise opportunity.

How We Rate These Franchises

Franchise Reports focuses on identifying top-tier franchises by analyzing dozens of specific criteria. We prioritize brands with exceptional returns on investment, robust support systems, and experienced leadership teams. Opportunities for multi-unit ownership with significant growth potential are key.

Additionally, the success and satisfaction of existing franchisees, including the performance of awarded locations, heavily influence our rankings. This comprehensive evaluation process ensures that the franchises we recommend are consistently among the highest performing and most reliable in the industry.

Who is Franchise Reports?

Franchise Reports is a team of industry experts dedicated to helping aspiring franchise owners navigate the complex process of franchise ownership. We offer personalized franchise matching, step-by-step guidance, and invaluable industry insights—all completely free of charge. Our services leverage extensive experience and proprietary technology to ensure you find the perfect franchise fit, reducing your risk and maximizing your potential for success, all without any cost to you.

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DISCLAIMER: The content on this website is for informational purposes only and should not be interpreted as an offer to sell or an invitation to purchase a franchise. A Franchise Disclosure Document (FDD), duly registered in the relevant state, is the only document that can officially propose a franchise. This site and its contents do not constitute an offer of a franchise in any jurisdiction or state where such offers or solicitations are legally restricted. Franchise offers are only valid when presented with an FDD that meets all legal requirements.

Additionally, the franchise opportunities mentioned here are limited to specific states and countries. Potential franchisees are strongly encouraged to thoroughly review the FDD and seek advice from legal and financial professionals before deciding on a franchise investment. The decision to invest in a franchise should be based on a comprehensive evaluation of all relevant information and considerations.

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