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    The Top 10 Franchise Opportunities in The US And How To Finance Them

    Buying a franchise is a great way to launch a business without accruing the costs of building brand recognition. The parent company already provides tools to help you become successful more quickly.

    How Do You Finance A Franchise?

    Here are a few financing options for financing your franchise ambitions.

    • SBA 7(a) Loan: Since the SBA guarantees the loans, banks are more comfortable lending you the money
    • Franchisor Financing: Some businesses offer financing. Funding through the franchise eliminates the need to explain your business model
    • 401(k) Business Financing: Rollovers for Business Start-ups (ROBS) is a financing option that allows you to tap into your retirement account to purchase your business. The benefit of this option is that you’ll have no debt
    • Alternative Lenders: Online lending platforms offer a simple application process. You’ll get the funds you need right away if approved

    What Are The Best Franchising Opportunities in 2021?

    The franchise industry has continued to grow and strengthen across the globe. How does one make it to the top then list? Evaluators look at fees, brand strength, size, growth potential, available support, and financial stability. Here’s a look at the top 10 franchise opportunities in 2021.

    1. McDonald's

    Licensing Fee: $45,000

    Initial Investment: $1,263,000 - $2,235,000

    McDonald's is one of the most recognizable brands in the world. All you’ll need to do is market your location. The average McDonald’s records approximately $2.7 million in revenue annually. Despite the trend toward healthy eating, McDonald's hasn’t lost its consumer base. Given this wide consumer base, the risk of an investment in a McDonald's is lowered significantly when a strong location is selected at the outset. 

    2. Dunkin' Donuts

    Licensing Fee: $40,000 - $90,000

    Initial Investment: $109,700 to $1,637,700

    Known for decades as Dunkin' Donuts, this brand is now known as Dunkin'. The rebranding has proved successful. Forbes places Dunkin' number one on its franchise list. Dunkin' has proven its ability to quickly adapt to market trends such as adding drive-thru lanes and, most recently, mobile ordering.

    3. Taco Bell

    Licensing Fee: $25,000 - $45,000

    Initial Investment: $525,100 - $2,600,000

    The Taco Bell company is currently in an expansion mode and seeking to add as many as 1,000 new locations across America. This means Taco Bell is capitalizing on a strong consumer base, which could be good news for you. If you’re interested in operating in an urban location, you’ll have even more support from the Taco Bell Corporation. 

    4. UPS Store

    Licensing Fee: $29,950

    Initial Investment: $168,900 - $398,300

    The demand for shipping packages isn’t going anywhere anytime soon. UPS outpaces all competitors when it comes to brand loyalty. Tapping into market trends, UPS isn’t afraid to innovate. Its strong business model and excellent reputation are what make this an appealing choice.

     5. 7-Eleven

    Licensing Fee: $10,000 - $1,000,000

    Initial Investment: $47,100 - $1,200,000

    The 7-Eleven brand has been around for more than 55 years, with retail locations worldwide. Competitors have failed to make a serious dent in consumer preference. Steady growth and strong revenues make this an attractive purchase. 7-Eleven stores are essentially turnkey operations, which means that you can be up and running in less than half a year.

    6. Jazzercise

    Licensing Fee: $1,250

    Initial Investment: $2,500 - $38,000

    Jazzercise is one of the most affordable branch offerings in the marketplace. The company offers two ways to get into business with them. Associate Instructor franchisee means that you teach classes, but someone else owns the business. You’ll have full control over how you teach. Class owner franchisee means you own the Jazzercise location. The operating budget is modest, retention is high, and the brand enjoys great name recognition.

    7. Right at Home

    Licensing Fee: $49,500

    Initial Investment: $80,150 - $147,150

    Right at Home is one of the largest home-care brands. It enjoys strategic partnerships with leading academic and health institutions, including Harvard Medical School. Since its founding ten years ago, the brand has experienced significant growth. This growth trend is expected to continue as the number of people over age 60 triples by 2050 (UN estimates). As a licensor, you’ll have a ready-made brand and an expanding consumer market.

    8. Cruise Planners

    Licensing Fee: $10,995

    Initial Investment: $2,095 - $23,367

    Cruise Planners is a true home-based business. It was launched over 20 years ago and since has grown to be one of the largest cruise planning agencies in the United States. It enjoys consistently positive ratings from its business partners. Financing is available from the company. Operating from home means you don't need to invest in retail space which helps increase your profit margin. Cruise Planners also provides you with the training you’ll need to be successful. 

    9. Great Clips

    Licensing Fee: $20,000

    Initial Investment: $136,900 – 238,250

    Great Clips has built up a 35-year reputation as a trustworthy and affordable hair salon. They were the first to offer walk-in appointments. Great Clips is 100% charted. After receiving a license, you’ll gain access to operating and tech support. Additionally, the company will give you on-going marketing support and assistance when purchasing equipment.

    10. RE/MAX

    Licensing Fee: $15,000 - $32,000

    Initial Investment: $37,000 - $200,000

    RE/MaX is one of the leading real estate consulting agencies in the world. Trust is absolutely critical in the real estate business. For realtors, having the RE/MAX name behind them opens the door to a consumer base that could have taken years to cultivate. Licensed agents can tap into the company's advertising strategies, digital systems, training, and operating support. 

    Franchise Financing Tips

    Keep the following tips in mind when looking for a financing opportunity. 

    • Secure funding strait from the source: Does the brand itself offer to finance new franchises? It could be beneficial to secure funding strait from the source, rather than through another lending resource 
    • Shop around for the best lender: Not all lenders are well-versed in licensing financing
    • Focus on your needs: Are you ready to jump on this opportunity? Do you need cash fast? An alternative lender might be a better resource. Do you plan to purchase one of the more expensive options? An SBA loan could be the answer


    Buying a franchise is a great way to actualize your dream of being a small business owner. Most brands offer technical and operational support to help you be successful. With financing in hand and a big brand name behind you, the possibilities are almost endless.