Monday, 21 October 2019

Food franchises dot the streets of small and large towns alike. 

With many more popping up every day (revenue generated over $570 billion worldwide) and many people employed by these operations (4 million people in the U.S. alone), one could surmise that the industry is one of the top in the nation.

In fact, the fast-growing world of fast food is expected to have an annual growth of 2.5% for the next several years. With so much growth, and so much profitability, it could be confusing for a prospective owner to choose the best franchise in which to invest.

While location, initial investment and other factors must play a part in making that choice, it is also helpful to know which franchises are the most profitable in various areas.

Below are two lists of the most profitable franchises in the U.S.

Note: These are not recommendations and are only informational:

Most profitable types of food franchises

From Entrepreneur Magazine

Based in part by size and growth, and financial strength and stability.

1. Asian-inspired food

2. Baked goods

3. Chicken

4. Coffee

5. Frozen desserts

6. Full service restaurants

7. Hamburgers

8. Hot dogs

9. Mexican food

10. Miscellaneous

Most profitable individual food franchise companies

From Forbes Magazine

New data from trade publication QSR Magazine and restaurant research firm Technomic on the highest-earning chains on a single-store.

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