According to Franchise 500’s top ten ranking, the best performing franchises in 2010 for all industries were Hampton Inn and Suites Ampm, Mc Donald’s, Eleven Inc, Supercuts Days Inn, Vanguard Cleaning Systems, Servpro Subway and Denny’s in that order
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A brief run down of these businesses their vital statistics is as follows:
Hampton Inn and Suites-it is highly rated by customers for their commitment to customer service. # of franchises-1753, franchising since 1984, cost of franchise start up-between $3,715,000-13,150,000.
Ampm-business sells hot dogs and snicker bars to travelers ,# of franchises-3,177,been franchising since 1979, franchise startup cost between$ 1,785,000-7,600,000.
Mc Donald’s –one of the country’s oldest and most successful franchises.# of franchises-26,209,been franchising since 1955,franchise start up cost between $1,057,000-1,890,000.
7-Eleven Inc-offers startups support in cash and advisory services. # of franchises-37,039,been franchising since 1964, franchise start up cost between $30,800-605,000.
Supercuts- hair care and hair cut services .No of franchises-1035,been franchising since 1979,franchise start up cost between $ 112,600-243,000.
Days Inn-part of the Wyndham Group of Hotels.# of franchises 1,857,franchising since 1972, franchise start up cost $ 192,000-6,480,000.
Vanguard Cleaning System-home cleaning system.# of franchises 1,847,been franchising since 1984, franchise start up cost between $ 8,200-38,000.
ServPro- cleanup and restoration company, # of franchises-1526,start up cost-$127,300- 174,600.
Subway- chain of restaurants. # of franchises 33,188. Start up cost $84,200-258,200.
Denny’s- fast food chain. # of franchises 1,374, franchise start up cost $1,125,600-2,396,400.
Home based franchises are also proving to be quite popular and the top performers for 2010 are Vanguard Cleaning System, ServPro, Jan-Pro Franchising, Jazzercise Inc, Matco Tools, Stratus Building Solutions, Snap-on Tools, CleanNet USA Inc, Bonus Building Care, and System4 in that order.
Below is a run down of their vital statistics (Vanguard Cleaning Systems and ServPro are listed above) :
Jan-Pro Franchising: Franchise start up cost $ 8,200-38,000.
Jazzercise Inc-franchise start up cost $ 2,900-75,500.
Matco Tools- franchise startup cost $ 82,300-191,800.
Stratus Building Solutions- franchise startup cost $ 3,400-57,700.
Snap on Tools- franchise start up costs $ 17,900-289,000
CleanNet USA Inc- franchise start up cost $ 6,600-92,000.
Bonus BuildingCare-franchise startup cost $ 9,000-41,900.
System4-franchise start up cost $ 5,400- 37,700.
Stratus Building Solutions, Jan Pro and CleanNet USA Inc are also some of the fastest growing franchises.