Buying into a franchise is the best way to launch a business with as little risk as possible. When your doors open, you’ll have a recognized name and a wealth of corporate support.
But what are the top franchises to buy into in 2019?
The names might not surprise you, and there’s a good reason for that. They’re ridiculously successful.
Yes, McDonald’s tops the list. Those golden arches remain strong, and they don’t seem to be going away soon.
McDonald’s is recognized internationally as the epitome of fast food service burgers, fries, breakfast, chicken, milkshakes and creative salads.
To get your own McDonald’s franchise, expect to pay an initial franchise fee ranging from $1.058 million to $2.23 million, depending on location.
Better known as Dunkin’ Donuts, this company has been around since 1946. Today, you can find this franchise in more than 32 countries.
Dunkin’ serves over 70 different varieties of donuts, along with an extensive coffee menu. You can also get hot breakfast sandwiches, bagels and baked goods.
Franchise fees range from $395,500 all the way up to $1.597 million.
3. Sonic Drive-In
In 1953, Sonic was first introduced to the public as Top Hat Drive-In, located in Shawnee, OK. Franchising began under the Sonic name in 1959. It’s an old-school joint featuring car-hops that deliver burgers, dogs, chicken, tater tots and almost any fast food item you can imagine.
Franchise costs range from $865,000 to $3.641 million.
4. Taco Bell
The first Taco Bell was opened in Downey, CA in 1962. Franchising started only two years later.
Taco Bell is a subsidiary of the Yum! Brands Inc., which offers franchises for Pizza Hut and KFC as well.
You can start your own Taco Bell with an initial investment of between $525,100 to $2.622 million.
5. The UPS Store
This is by far the least expensive of the top six franchises in 2019.
The UPS Store started as Mail Boxes Etc., as a way to compete with the USPS. In 2001, Mail Boxes Etc. became a subsidiary of UPS, and was re-branded as The UPS Store in 2003.
Get started with an initial investment as low as $138,433 or as high as $470,031.
A little dab of butter on the crown of the hamburger bun makes all the difference. In 1984, Craig Culver transformed the A&W his parents owned since the ’60s into the first Culver’s.
Today, it’s as popular as ever.
You can get a Culver’s franchise by paying a fee anywhere from $1.97 million to $4.714 million.
Which Franchise Is Right for You?
There are your top six franchises in 2019. All six sound deliciously profitable.