What is The Best Franchise To Buy In The USA This 2024?

Launching a business can be quite an intimidating task, especially given the global situation we faced just a few years ago—the pandemic of 2020. Starting a business in the aftermath of such a tremendous global crisis undeniably induces fear. The COVID-19 pandemic has had significant effects, causing a halt and affecting numerous businesses worldwide. But, should the repercussions of the past deter you from choosing the top franchises to buy in the USA in 2024? What is currently the best franchise to buy in the USA? And, what are the odds of launching a business at this point in time?

Indeed, as an entrepreneur, one must embrace uncertainty and take calculated risks. Pushing boundaries often opens up a world filled with endless possibilities. Even in this post-pandemic period of 2024, buying a franchise presents a plethora of opportunities. Remember, in the world of franchising, risks are always meticulously evaluated, and the possibilities are vast, no matter the circumstances.

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Embrace this critical phase in the workforce’s evolution. It may be demanding, but the rewards are substantial. Here, we present a list of the best franchises to invest in across the USA. We also delve into how each brand weathered the storm during the global recession following the pandemic.

 

How to Find the Best Franchises to Buy?

If you want to get into the business industry, buy a franchise! This works best for people who have no prior business experience or still want to keep their day jobs. Investing in a franchise can be a great opportunity to expand your income and experience. Finding the right franchise for you can be crucial. One of the best franchises too open is franchises of larger companies like gyms or fast food chains. You always want to invest in a larger business instead of an independent business. This is because success rates are much higher for larger corporations than independent ones. However, since hundreds of franchises are available in the market, how do you find the best franchise for you?

Here are the following steps to keep in mind when it comes to selecting a franchise to buy.

Step 1: Determine the total financial requirements.

It’s easy to get overwhelmed by the promising financial growth of a franchise business. Before signing a contract, look into the total financial requirement first. The rental deposit is one of the biggest additional expenses that are not often included in the brochures or mentioned on the franchise business’ information page. You must also secure a working capital that allows your business to operate until you can pick up sufficient sales.

Step 2. Define your exit strategy.

Your exit strategy is crucial before choosing a franchise to purchase. Unfortunately, it is also one of the most overlooked factors. For instance, if you’ve decided to franchise a gym, define your exit strategy first. Do you see yourself doing this business in the next five years? Is this franchise something you’d like to pass down to your heir? You must know your exit strategy. Some franchisors do not allow their franchisees to sell the business to others, while some business models that other franchisors offer are not scalable. Determining your exit strategy will help you to reconsider if this is the right franchise business for you.

Step 3. Determine how much involved you can be.

Your involvement in your franchise business can make or break your success. However, some franchisors recognize that others would like to maintain their day jobs and offer an in-house manager. Other franchisees become the full-time manager of the business to ensure success. Think about the days of the week you’re willing to put on some work. Most people prefer working day shifts on the weekdays, eliminating approximately two-thirds of the market’s available franchise opportunities.

Step 4. Do a background check of the management.

Make sure that you are investing your hard-earned money in the right company. That being said, check the integrity and competence of the management. If your franchisor has been involved in scandals or issues that show dishonesty or fraud, you could be their next victim. Talk to other franchise owners from the same brand. How are they treated? Are there any anomalies? Besides that, you might want to buy a franchise from a well-established company. Buying a franchise means you can get expert advice from the original owners in running a business. You can’t do that if the team is composed of rookies and newbies like you.

 

What are the Top 10 Best Franchises to Own for Beginners This 2024

What is the best franchise to buy in the USA in the current time? We have gathered a list of the best recession-proof franchises you can purchase in the USA during the pandemic. This list includes some of the most top rated franchises out there. Choosing one of these franchises below can ensure you are getting the best franchise opportunity. The following brands have proven to be resilient during a recession and increase success rates upon business operations. 

 

1.  Special Strong Gym Franchise

With people returning to their normal routines after the restrictive period of 2020, fitness enthusiasts will be flocking to gyms. Your new gym, opening in 2024, promises a steady flow of income as it will accommodate people of all ages. Furthermore, many people have developed a heightened need for fitness centers to counteract the effects of a more sedentary lifestyle during lockdown, often referred to as the “Quarantine 15”. Given the experiences of recent years, health and fitness have become priorities for many individuals, particularly those mindful of maintaining their wellness post-pandemic.

Special Strong is one of the top franchises to buy in the USA. They offer adaptive fitness classes for persons with mental and physical disabilities. This low-cost fitness franchise will not require you to open up a brick-and-mortar gym. It is flexible, allowing you to schedule at your own pace while growing your finances quickly. With a minimum royalty fee, you can keep up to 90% of your earnings. In these current times, make the most out of the demand for adaptive training to overcome the virus.

2.  7/11

In the past, social distancing rules meant people had to stay home. This made stores like 7/11 very successful because they sold essential items. They sold things like drinks, coffee, prepared meals, and snacks. This store did well during the difficult times of 2020. It showed franchises like this can survive tough times.

7/11 now has over 71,000 stores worldwide. Many people think it’s the best franchise to buy in the USA in 2024. After the pandemic, the store focused a lot on keeping workers and customers safe. They improved hygiene practices and kept everything running smoothly. They also made sure people who ordered food for delivery stayed safe.

3.  Real Property Management

While many hotel establishments were forced to close their doors to the public during the 2020 pandemic, it may beg the question of why one would consider property management in 2024? Well, people today feel safer enjoying “staycations” in controlled environments such as rental houses. In fact, the demand for rental houses dramatically increased during the pandemic and remained high even post-crisis. Customers and travelers from all over the world now seek out these options as safe and relaxing havens to celebrate their regained freedom after months of restrictions.

Real Property Management is renowned for its resilient business models, including comprehensive marketing and advertising upgrades. The brand is also known for its impeccable communication, strict tenant screening, full-service leasing, regular inspections of the establishments, comprehensive accounting, rent collection, and responsive adjustments to the rental rates based on the current state of the market. Established in 1986 and beginning franchising in 2004, Real Property Management now operates over 325 units, with 27 of them located outside the USA.

4.  Subway

Let’s return to the foundational needs—food. Numerous fast-food brands not only survived but thrived throughout and in the aftermath of the pandemic, which is the situation in 2024. Food, being a necessity, implies that franchising a brand with quick service and a small footprint could offer solid income opportunities. Moreover, due to previously closed dining establishments, fast-food chains have forged partnerships with various third-party delivery services, attracting more customers. The food sector remains a viable franchise purchase option even in a post-pandemic era.

Consider Subway—one of the largest private fast-food restaurant chains in the U.S. and a top franchise to invest in. It offers submarine sandwiches and salads and has seen significant growth over the years. It appeals to first-time business owners due to its affordable franchise fee. Subway ensures the success of your venture by offering regular seminars for potential franchisees. A Subway representative is also available to guide you step-by-step through opening your own Subway branch. Even in our current times, Subway remains a sound investment due to high demand, irrespective of the mobility limitations that were once in place during the pandemic.

5.  AdvantaClean Systems

The work-from-home set up in our current times is no longer new to us. People work from the comfort of their homes. Facing the screen all day long can be tiring, and often, they do not have time to clean their homes to prevent the spread of the virus. Because of this setup, home service franchises surged in numbers through the pandemic. Home cleaning services are now essential that most Americans are willing to invest in. It offers a unique opportunity to meet and retain clients from all over the area.

AdvantaClean Systems was first established in 1994. It is best known for its model remediation and topwater restoration services. The brand ensures that its franchisees can grow their business by in-depth marketing and low maintenance cost of the business. Moreover, AdvantaClean Systems has one of the higher customer ratings in the home services industry. They are also known for their partnership with St. Jude that allows them to help their communities. Investing in AdvantaClean Systems is a great opportunity to boost and stabilize your revenue in times of pandemic.

6. Vanguard Cleaning Systems

Considering the context of our time in 2024, post the 2020 pandemic, one may wonder: What is the best franchise to open in the USA? Sanitation and deep cleaning have remained a top priority since the pandemic. Commercial cleaning services have seen a surge in demand, responding to businesses’ needs for comprehensive cleaning. Enterprises now place notable importance on enhanced sanitation as part of their commitment to cleanliness and safety. Launching a cleaning service business today assures a steady flow of clients. Customers continually seek thorough cleaning services to maintain a safe environment for their clientele. The commercial cleaning industry forecasts continued growth even after the pandemic has passed.

Vanguard Cleaning Systems is reputable for its eco-friendly cleaning approach. The brand uses microfiber cloths, high-filtration vacuums, and chemical dilution systems to mitigate environmental impact. It is the preferred service for many business owners aiming to enhance their buildings’ indoor air quality and sanitation. Vanguard has consistently ranked high amongst low-cost franchises, operating over 1,734 branches worldwide. It makes for an excellent startup business for those seeking assured success and a stable customer base.

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7.  Visiting Angels

The 2020 pandemic saw a rise in demand for at-home care providers for seniors, given they were particularly vulnerable to COVID-19. As a result, many families chose to shift their elderly loved ones from care facilities to the safety of their own homes. This made senior care a necessity and a resilient business opportunity even in difficult times. Today, in 2024, it remains a satisfying venture, easy to start, and offers the personal satisfaction of assisting others. It’s an ideal startup for those who enjoy spending time with seniors, wish to support their dignity in their golden years, and have the intention of making a solid income.

With Visiting Angels, prior experience in senior care isn’t necessary; your passion for the job is the key requirement to start this rewarding business. Did you know that an average home senior care franchisee can generate up to $1.4 million? This clarifies why senior care is considered a top franchise to invest in the USA today. The demand in the senior care sector is tangible, and as an entrepreneur, this is an opportunity to seize. Even if it may not be the most affordable franchise on our list, you can be assured of a return on investment with Visiting Angels. They will provide all necessary resources and offer regular seminars

8.  Two Men and a Truck

During the restrictive period of 2020, when most people stayed home, an interesting phenomenon occurred. Individuals sought out home-based amusement and this frequently resulted in purging unwanted items. Consequently, the demand for junk removal services notably increased during and after this period when people realized the benefits of sustainable and minimalist living. Currently, in 2024, this convenient and sought-after service remains a great investment as you can easily scale your business in response to people’s drive to declutter their homes.

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Two Men and a Truck, established in 1985 and starting franchising in 1989, is the largest franchised moving company not only in the USA but globally. The company provides services such as long-distance moving, packing, storage, in-home moving, and junk removal. In the aftermath of the restrictive period, this hauling business continues to prosper as decluttering has become an ongoing trend among homeowners. With a diverse franchising network, the brand facilitates easy access to best practices for managing such businesses.

9.  Great Clips

Remember those home haircut disasters shared widely on TikTok during the restrictive period of 2020? Hair salons and barbershops were profoundly impacted during that pandemic period. However, the demand for personal grooming service never dwindled. After all, no one wanted to emerge from quarantine looking like they’d been in the wilderness. Luckily, in 2024, stylists and barbers have now resumed work, adhering to safety protocols to provide their personal grooming services. Clients are also seeking in-home haircut and styling services, which have gained popularity online. Despite the challenges of the past, people’s spending patterns on personal care have remained consistent, making it a viable startup business.

Established in 1982, Great Clips has continually evolved with the latest technology to enhance their services, making it one of the top franchises to buy in the USA. They offer satisfying services, helping customers achieve their desired look. When you franchise with Great Clips, you receive round-the-clock support from the brand owners. If you’ve always dreamed of running a salon and offering personal care services, now, in 2024, is the ideal time to franchise with Great Clips.

10.  HomeVestors of America

Following the economic downturn of the 2020, people started reassessing their lifestyles. In today’s context, in 2024, you might be wondering what is the best franchise to buy in the USA, as many people have embraced relocation for better employment opportunities. This trend has revitalized the demand in the real estate industry.

HomeVestors of America, a Dallas-based real estate agency, specializes in purchasing houses in need of repair and then reselling them on the market. Established as a franchise since 1996, they now operate a total of 1,102 units. The company is renowned for its top-notch real estate services and the competitive pricing of its properties.

What is the Best Gym Franchise to Own?

Pursue your dream by buying a franchise business. Gyms are one of the best franchises to invest in because it is backed by the franchise brand. This makes it way easier to attract customers to the gym you invest in. The cut-throat competition of the fitness industry can be intimidating. There are hundreds of gym franchises to choose from. How do you know what the best gym franchise is for you? Narrowing down your options to the best, well-established gym franchises is the key. 

Here is a list of the leading gym franchises that are worth checking out.

1.  Special Strong

Special Strong opens its doors to aspiring business owners who are passionate about fitness. It is one of the well-trusted brands when it comes to providing expert adaptive fitness services. This gym franchise is also ideal for short on budget individuals, thanks to its low startup cost. The brand is also affiliated with SBA should you need any help with financing. They offer different level concepts that are best for beginners. If you want to enjoy faster financial growth, an inclusive environment, and make a difference in the special needs population, choose Special Strong.

2.  Planet Fitness

Another gym franchise that promotes an inclusive environment is Planet Fitness. Their trademark phrase is “judge-free zone,” welcoming individuals of all sizes and needs. The brand targets the 80% population who do not have gym memberships by offering affordable rates and easy-to-access facilities. Today, they have nearly 2,000 open locations in the United States and overseas branches. As a franchisee, you can benefit from international brand recognition, constant national exposure, and a stable customer base.

3.  Pure Barre

Pure Barre was first established in 1959. It is one of the oldest and well-established barre studios that you can franchise. Aside from their workout classes, the studio also sells its premium workout clothes as an additional revenue source. As of today, there are over 500 Pure Barre studios in North America. It’s an excellent gym for the franchise if you prioritize credibility and integrity above all.

4.  UFC Gym

The infamous UFC gym is now offering MMA-inspired personal and specialized training. If you are passionate about fusion martial art classes and youth fitness, this is the best gym franchise for you. You can benefit from the constant and massive brand recognition of the UFC gym. Besides that, they also offer a cheaper startup cost to get you started. This proves to be a foolproof business considering the rapid growth of martial arts nowadays.

5.  Jazzercise Inc.

Jazzercise offers one of the best high-intensity, dance-cardio fusion classes popular among the ’80s exercise boom. The classes include pilates, hip hop, yoga, strength training, and kickboxing, attracting many young and middle-aged gym goers from all over the country. Jazzercise has established a legendary status in the world of fitness. As of today, the brand has over 8,9000 franchises all over the United States. Best of all, they offer a low-cost startup. You can get into the business industry without draining your bank. You can take advantage of the low franchise fee and upfront cost with this gym studio.

Special Strong provides adaptive fitness for children, adolescents, and adults with mental, physical and cognitive challenges. Start your own Special Strong gym franchise today and create a lasting impact on your community.