Franchise Business Review Spotlights Top 50 Multi-Unit Franchise Opportunities

This may sound like the beginning of a bad joke, but stick with me here: What do Sotheby’s, Checkers & Rally’s, Sport Clips and Toppers Pizza all have in common?

Read the original at 1851 Franchise
Franchise Business Review Spotlights Top 50 Multi-Unit Franchise Opportunities

TL;DR

Franchise Business Review has released its Top 50 Multi-Unit Franchises Special Report, highlighting excellent brick and mortar and service multi-unit opportunities for entrepreneurs. The report also provides insights into multi-unit franchisees, including their educational background and experience.

This may sound like the beginning of a bad joke, but stick with me here: What do Sotheby’s, Checkers & Rally’s, Sport Clips* and Toppers Pizza all have in common?

According to Franchise Business Review, they all represent excellent brick and mortar multi-unit opportunities for entrepreneurs.

However, brick and mortar businesses only represented half of FBR’s Top 50 Multi-Unit Franchises Special Report. The other half of the list was saved for the best service multi-unit franchises.

Weed Man, Two Men and a Truck, Mosquito Joe and Right at Home* all popped up on this list as ripe opportunities for business owners.

The FBR Special Report also highlighted some interesting facts about multi-unit franchisees themselves - the white whales to franchising’s Captain Ahab.

For instance, 80 percent are college graduates and nearly a quarter can boast an advanced degree, such as a masters or doctorate.

Most pleasing of all to franchisor ears, however, may be the fact that just under 40 percent of multi-unit franchisees own 5 or more units. And building up this portfolio doesn’t have to be a life’s work, as data showed almost 20 percent of multi-unit franchisees have less than two years’ experience in the industry.

In this story

This story was originally published in 1851 Franchise on April 8, 2015. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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