Being a franchise investor in the US is a business that has become a safe and prosper option.
Currently, main franchise investors in the United States are Venezuelan and Argentinian, whose presence translates to 80%. They are followed by Colombians, Brazilians, Italians, Spaniards, and Mexicans.
Which are the most popular franchises in the US?
According to the IFA, dominating franchises are services, restaurants, and detailed sales.
When it comes to Latinos, the most sought after franchises are financial, accounting, legal, insurance, hairstyling, office cleaning, and business services.
When it comes to the geographic locations of said investments, the most popular states are: Florida, California, Texas, Illinois, and Ohio.
Regardless of this, Florida is the state that keeps being one of the six most attractive to investors.
These are the five most popular franchises:
Jimmy John’s Gourmet Sandwiches: with more than 1,200 stores in which sandwiches are made at the moment in less than 30 seconds.
Hamton Hotels: it has been considered one of the best hotel franchises, it is present in 16 countries and counts with more than 2,000 hotels.
Supercuts: the best hairstyling and barbing franchise. It has a unique technique to cut hair in only 20 minutes for a reasonable price and without an appointment. It counts with 1,000 stores, most of them in the US, but also in Canada. They’re always looking to expand to other countries.
Servpro: the restoring and cleaning franchise gives its services to independent businesses who have suffered a fire or flood.
Subway: the best fast food restaurant. It counts with more than 30,000 restaurants in 98 countries. It was born in 1965, when a 17-year-old teenager opened a small sandwich store in Connecticut with a loan of $1,000 to obtain money for college. Years later, the total investment is between $156,000 and $210,000.
Fun fact:
There are around 770,000 franchises in the US in about 300 categories. According to the IFA, this generated almost 8 million in work taxes.
