More often than not, when we think about franchises we immediately think of fast food restaurants like Subway, McDonald’s, or Dunkin’ Donuts. However, with more than 750,000 franchises currently in business in the United States in 2018 it’s safe to say that the majority aren’t food-related chains. If you’re looking to invest in a franchise that doesn’t include a deep fryer, we rounded up five franchises spanning industries from fitness to optometry.
Ace Hardware Corp.
The 2017 39th Annual Franchise 500 Ranking from Entrepreneur.com put Ace Hardware at #7 with a valued investment of $273K - $1.6M. If you’re dreaming of having your own hardware store, Ace is committed to making that dream a reality by promising that they are unlike any other franchise opportunity in the world.
Starting an Ace franchise includes plenty of benefits such as gaining the support and knowledge of their team of experts who offer hands-on training to ensure your entrance into the DIY market is successful from the start. Not only do retailers get to work with a globally recognized brand, but they also pay no royalty fees, receive a portion of profits distributed back to them each year, and can customize their offerings based on the needs of the customers.
Kumon Math & Reading Centers
Kumon ranks on Entrepreneur’s Franchise 500 Ranking at #11 with an investment of $70K-$141K. The after-school math and reading program business makes for the perfect franchise for any entrepreneur that wants to help make smart kids smarter.
Kumon sets itself apart with an $1,000 franchise fee— which is considered to be a much lower startup fee than most supplemental learning franchises — and providing ongoing training and support for franchisees. It is also not necessarily a requirement to have a background in education in order to become a Kumon franchise owner. What is necessary is that you have a passion for working with children and to help students become more confident, independent, and self-assured.
One of the most in-demand cleaning businesses also has a highly sought after franchise — and it’s none other than Merry Maids! One of the greatest benefits to owning a Merry Maids franchise is that their housekeeping service is universal to one and all, from millennials to baby boomers.
With more than 1,100 franchises, Merry Maids proves that just about everyone could use an extra hand in tidying up. Opening one of their franchises offers a series of incredible benefits that include thorough training, working with proprietary cleaning systems, technical support, and a team of dedicated professionals ready to help clean your home from top to bottom.
One of the largest brands in the optical industry also has hundreds of eye care center franchises scattered throughout the United States and Canada. Beyond opening up a franchise with Pearle Vision and generating revenue, independent owners are able to put their primary focus on patient care and providing a holistic eye care experience.
Each licensed owner of a Pearle Vision franchise receives brand recognition for their location, support and resources from Pearle Vision’s parent company Luxottica, extensive training, systems that simplify billing, insurance claim processing, and recordkeeping, and a business model that is scalable, allowing licensed franchisees to own and operate multiple EyeCare Centers.
We’re closing out this listicle by putting a focus on fitness franchises, specifically in the tremendously popular Pure Barre which boasts nearly 600,000 loyal clients. As a Pure Barre franchise owner, you’re transforming both yourself and the community. Not only is the franchise affordable, but it also provides you with national brand recognition, constant innovations and updates to their studio experience, and multiple revenue streams including barre classes that can lead to a purposeful, and fulfilling, career.