40 Best Franchises to Own in 2024 by Sales/Investment Ratio
Which are the best franchises to own in 2023? In this article, we will list the 40 top franchises to own this year and why!
Table of Contents:
1. Best Franchise To Own – Spherion
5. Best Franchise To Own – Proforma
9. Accelerated Waste Solutions
11. Best Franchise To Own – Nextaff
16. Express Employment Professionals
17. Best Franchise To Own – Zerorez
21. Best Franchise To Own – Corporate Cleaning Group
25. Best Franchise To Own – One Hour Heating & Air Conditioning
The franchising system is a popular form of commerce in the United States, a nation distinguished for its pioneering attitude. Franchise organizations supply a well-tested business plan, recognizable brand recognition, and continuous guidance and training from the franchisor. Investing in a corporation that has already established a successful track record can be tempting to investors. The U.S. provides a wide selection of franchise options, including those for fast food outlets, retail stores, service-oriented businesses, and more. McDonald’s, Subway, 7-Eleven, Dunkin’, and UPS Stores are a few of the most celebrated and prosperous American franchise companies, amongst other best franchise to own.
Best Franchise To Own in 2024
The tremendous upside to investing in a franchise is the pre-built notoriety that comes with it. Clients are more likely to have faith in and select a well-known company over one that’s fresh and untried. Franchise businesses have a tried-and-true business plan, which can reduce the hazards of establishing a new venture from the ground up. In order to guarantee the prosperity of the franchise, the franchisor provides help and support in areas such as advertising, administration, and education.
- Established brand recognition: One of the biggest advantages of investing in a franchise is the brand recognition that comes with it. Customers are more likely to trust and choose a business with a well-known brand than a new, unknown venture.
- Proven business model: Franchise businesses have a proven business model, which can help mitigate the risks associated with starting a new business from scratch. The franchisor provides support and guidance in areas such as marketing, operations, and training, which can help ensure the success of the franchise.
- Ongoing support and training: Franchisors provide ongoing support and training to their franchisees, which can be invaluable in helping the business grow and succeed. This support can include everything from initial training to ongoing marketing and operational support.
- Access to financing: Some franchisors offer financing options to help their franchisees get started, which can be helpful for those who may not have the capital to invest in a business outright.
When considering investing in a franchise business, there are several factors to keep in mind. These include:
- Initial investment: Franchise businesses require an initial investment, which can vary widely depending on the type of business and the franchisor. This investment typically includes the franchise fee, which grants the investor the right to use the franchisor’s brand and business model, as well as any equipment, inventory, or real estate required to start the business.
- Ongoing fees: Franchisees typically pay ongoing fees to the franchisor, such as royalties and advertising fees. These fees can vary depending on the franchisor and the type of business.
- Contract terms: Franchise agreements typically last for a set period of time, usually between 5 and 10 years. It’s important to carefully review the contract terms before investing to ensure that they are favorable and that the business is a good fit for your goals and interests.
- Market demand: Before investing in a franchise business, it’s important to research the market demand for the product or service being offered. This can help ensure that there is a viable customer base and that the business is likely to succeed.
Here is a list of the 40 top franchises to own in 2023 based on Sales/Investment Ratio.
40 Top Franchises to Own in 2023:
1. Best Franchise To Own – Spherion
Category (lndustry): Staffing and recruiting
Investment Range: $143K-$352K
Sales-to-Investment Ratio: 29.9
Average Sales: $7,400,000
Spherion is a staffing and recruitment agency that provides workforce solutions to businesses across a wide range of industries. They offer temporary, temp-to-hire, and direct-hire staffing services, as well as other HR-related solutions. With a focus on personalized service and a commitment to excellence, Spherion has built a reputation for delivering top-quality talent to businesses of all sizes.
2. Unishippers
Category (lndustry): Transportation and logistics
Investment Range: $25K-$233K
Sales-to-Investment Ratio: 26.6
Average Sales: $3,441,000
Unishippers is a shipping and logistics franchise that provides businesses with affordable shipping solutions and exceptional customer service. They partner with leading carriers to offer a range of shipping options, and work with businesses to optimize their shipping strategies and reduce costs. With a focus on innovation and technology, Unishippers has become a trusted partner for businesses looking to streamline their shipping operations.
3. Closets by Design
Category (lndustry): Home improvement
Investment Range: $152K-$503K
Sales-to-Investment Ratio: 24.3
Average Sales: $7,947,000
Closets by Design is a home organization and storage solutions franchise that offers custom closet design and installation services. They work with homeowners to design and build custom storage solutions for any room in the home, including closets, pantries, garages, and more. With a commitment to quality and customer satisfaction, Closets by Design has become a go-to resource for homeowners looking to declutter and organize their homes.
4. NaturaLawn of America
Category (lndustry): Lawn care and landscaping
Investment Range: $58K-$123K
Sales-to-Investment Ratio: 24.0
Average Sales: $2,161,000
NaturaLawn of America is a lawn care and maintenance franchise that specializes in organic lawn care services. They use natural and organic products to promote healthy lawns and landscapes, without the use of harmful chemicals. With a focus on environmental sustainability and customer satisfaction, NaturaLawn of America has established itself as a leading provider of eco-friendly lawn care services.
5. Best Franchise To Own – Proforma
Category (lndustry): Advertising and marketing
Investment Range: $5K-$60K
Sales-to-Investment Ratio: 21.5
Average Sales: $696,000
Proforma is a marketing and promotional products franchise that provides businesses with custom branding solutions. They offer a range of promotional products, printing, and packaging services as well as marketing solutions to help businesses build their brand and reach their target audience. With a focus on creativity and innovation, Proforma has become a go-to partner for businesses looking to elevate their brand and drive growth.
6. Archadeck
Category (lndustry): Home improvement
Investment Range: $61K-$109K
Sales-to-Investment Ratio: 21.3
Average Sales: $1,803,000
Archadeck is an outdoor living design-and-build franchise that specializes in designing and building custom decks, patios, pergolas, screened porch enclosures, sunrooms and more. From the initial design concept to construction completion, their team of experts works closely with each homeowner to ensure they get exactly what they want from the outdoor space that suits their lifestyle. Beyond decks and patios, Archadeck also offers a range of hardscaping services such as seating walls, fire pits, outdoor kitchens and more.
7. City Wide
Category (lndustry): Commercial cleaning and facility management
Investment Range: $249K-$417K
Sales-to-Investment Ratio: 20.2
Average Sales: $6,716,000
City Wide is a facilities management and commercial cleaning company that offers a range of services to businesses of all sizes. Their focus on quality, customer service, and sustainability has made them a leader in the industry, and their innovative technology solutions help businesses to reduce costs, improve efficiency, and stay compliant with regulatory standards.
8. Home Instead
Category (lndustry): Home care services for seniors
Investment Range: $103K-$130K
Sales-to-Investment Ratio: 19.1
Average Sales: $2,229,000
Home Instead is a home care services provider that specializes in care for seniors. Their compassionate and personalized approach to care has made them a trusted resource for families seeking support for their loved ones. With a focus on improving the quality of life of seniors, they have built a reputation for excellence and have expanded their services to meet the growing demand for senior care.
9. Accelerated Waste Solutions
Category (lndustry): Junk removal and hauling
Investment Range: $90K-$201K
Sales-to-Investment Ratio: 19.1
Average Sales: $2,779,000
Accelerated Waste Solutions is a junk removal and hauling company that helps businesses and homeowners to declutter and organize their spaces. With a focus on sustainability and responsible disposal practices, they help clients to reduce their environmental footprint while creating more efficient and functional living and working spaces.
10. Weed Man
Category (lndustry): Lawn care and landscaping
Investment Range: $69K-$87K
Sales-to-Investment Ratio: 18.8
Average Sales: $1,468,000
Weed Man is a lawn care and landscaping company that helps homeowners and businesses to maintain healthy and beautiful lawns. With a focus on using eco-friendly and sustainable practices, they help clients to improve the curb appeal of their properties and create more inviting outdoor spaces.
11. Best Franchise To Own – Nextaff
Category (lndustry): Staffing and recruitment
Investment Range: $127K-$192K
Sales-to-Investment Ratio: 18.4
Average Sales: $2,935,000
Nextaff is a staffing and recruitment company that provides workforce solutions for businesses across a wide range of industries. With a focus on technology and innovation, they help businesses to streamline their hiring process, reduce costs, and improve the quality of their workforce.
12. Window World
Category (lndustry): Home improvement and construction
Investment Range: $124K-$330K
Sales-to-Investment Ratio: 17.8
Average Sales: $4,043,100
Window World is a home improvement and construction company that specializes in replacement windows, doors, and siding. They offer energy-efficient and high-quality products that enhance the beauty and value of homes while reducing energy costs.
13. iTrip Vacations
Category (lndustry): Vacation rental and property management
Investment Range: $101K-$141K
Sales-to-Investment Ratio: 16.6
Average Sales: $2,003,000
iTrip Vacations is a vacation rental and property management company that helps property owners to maximize their rental income and provide exceptional experiences for their guests. With a focus on technology and data-driven solutions, they help owners to manage their properties more efficiently and increase their occupancy rates.
14. 1-800-GOT-JUNK
Category (lndustry): Junk removal and hauling
Investment Range: $163K-$245K
Sales-to-Investment Ratio: 16.5
Average Sales: $3,371,000
1-800-GOT-JUNK is a junk removal and hauling company that provides on-demand services to residential and commercial customers. With a focus on environmentally responsible disposal and a commitment to customer satisfaction, they have become a leading name in the industry. Their unique branding and marketing approach have helped them stand out in a crowded marketplace.
15. Pridestaff
Category (lndustry): Staffing and recruitment
Investment Range: $161K-$235K
Sales-to-Investment Ratio: 16.3
Average Sales: $3,238,000
Pridestaff is a staffing and recruitment firm that provides companies with highly qualified professionals across a range of industries. They are dedicated to matching the right talent with the right company, and have a reputation for delivering exceptional service to both clients and candidates. With a focus on personalized service and attention to detail, Pridestaff has become a go-to resource for many businesses.
16. Express Employment Professionals
Category (lndustry): Staffing and recruitment
Investment Range: $140K-$400K
Sales-to-Investment Ratio: 16.2
Average Sales: $4,384,000
Express Employment Professionals is a staffing and recruitment agency that helps companies find top talent for their staffing needs. With a focus on customer service, they provide a wide range of workforce solutions to businesses of all sizes. Their commitment to delivering quality service has helped them build a strong reputation in the industry.
17. Best Franchise To Own – Zerorez
Category (lndustry): Carpet cleaning and home services
Investment Range: $58K-$202K
Sales-to-Investment Ratio: 16.2
Average Sales: $2,096,000
Zerorez is a carpet cleaning and home services company that uses patented technology to provide superior cleaning results. They are committed to eco-friendly practices and use no harsh chemicals in their cleaning process. Their innovative approach to cleaning has helped them establish a loyal customer base and a strong reputation in the industry.
18. Security 101
Category (lndustry): Security and surveillance
Investment Range: $130K-$235K
Sales-to-Investment Ratio: 15.9
Average Sales: $2,899,000
Security 101 is a security and surveillance company that provides customized solutions to businesses across a range of industries. With a focus on using the latest technology and a commitment to outstanding customer service, they have become a trusted resource for many businesses. Their consultative approach to security has helped them stand out in a crowded marketplace.
19. Rebath
Category (lndustry): Home improvement and construction
Investment Range: $140K-$308K
Sales-to-Investment Ratio: 15.2
Average Sales: $3,400,000
Rebath is a home improvement and construction company that specializes in bathroom remodeling. They offer a range of products and services to help homeowners transform their bathrooms into beautiful, functional spaces. Their focus on quality craftsmanship and customer satisfaction has helped them build a strong reputation in the industry.
20. Homewatch CareGivers
Category (lndustry): Home care services for seniors
Investment Range: $92K-$178K
Sales-to-Investment Ratio: 15.1
Average Sales: $2,030,000
Homewatch CareGivers is a provider of in-home care services for seniors, offering a range of support options to help them maintain their independence and quality of life. They are committed to providing compassionate care and ensuring the safety and comfort of their clients. With a focus on personalized care plans and family involvement, Homewatch CareGivers has established itself as a trusted resource for seniors and their families.
21. Best Franchise To Own – Corporate Cleaning Group
Category (lndustry): Commercial cleaning and janitorial services
Investment Range: $70K-$109K
Sales-to-Investment Ratio: 14.1
Average Sales: $1,268,000
Corporate Cleaning Group is a commercial cleaning and janitorial services provider, offering a range of cleaning solutions for businesses of all sizes. They are dedicated to providing high-quality service, attention to detail, and exceptional customer support. With a focus on flexibility and customized plans, Corporate Cleaning Group has established itself as a leader in the industry.
22. Assisting Hands Home Care
Category (lndustry): Home care services for seniors
Investment Range: $88K-$160K
Sales-to-Investment Ratio: 13.7
Average Sales: $408,880
Assisting Hands Home Care is a provider of in-home care services for seniors, offering personalized care plans to meet the unique needs of each client. They are committed to providing compassionate care and improving the quality of life for their clients. With a focus on client satisfaction and family involvement, Assisting Hands Home Care has earned a reputation for quality service and strong client relationships.
23. Touching Hearts
Category (lndustry): Home care services for seniors
Investment Range: $49K-$76K
Sales-to-Investment Ratio: 12.7
Average Sales: $791,000
Touching Hearts is a home care services provider for seniors, offering personalized care plans to help seniors live independently and comfortably in their own homes. They are dedicated to providing compassionate care and focus on building long-term relationships with their clients and their families. With a team of experienced caregivers and a commitment to quality service, Touching Hearts is a trusted resource for seniors and their families.
24. Golden Heart Senior Care
Category (lndustry): Home care services for seniors
Investment Range: $22K-$97K
Sales-to-Investment Ratio: 12.6
Average Sales: $749,000
Golden Heart Senior Care is a provider of in-home care services for seniors, offering a range of support options to help seniors maintain their independence and quality of life. They are committed to providing compassionate care, and focus on building strong relationships with their clients and their families. With a focus on personalized care plans and a team of experienced caregivers, Golden Heart Senior Care has earned a reputation for quality service and exceptional client support.
25. Best Franchise To Own – One Hour Heating & Air Conditioning
Category (lndustry): HVAC
Investment Range: $26K-$201K
Sales-to-Investment Ratio: 12.5
Average Sales: $1,414,000
One Hour Heating & Air Conditioning is an HVAC services provider, offering installation, repair, and maintenance services for residential and commercial clients. They are dedicated to providing high-quality service and attention to detail, and offer a 100% satisfaction guarantee. With a focus on reliable service and exceptional customer support, One Hour Heating & Air Conditioning has established itself as a leader in the industry.
26. Synergy Homecare
Category (lndustry): Home care services for seniors
Investment Range: $44K-$171K
Sales-to-Investment Ratio: 12.4
Average Sales: $1,337,000
Synergy Homecare is a franchisor in the senior care industry offering nonmedical home care services. The company has a proven business model and provides training, marketing, and ongoing support to its franchisees to help them succeed in the competitive home care market.
27. Mister Sparky
Category (lndustry): Electrical services
Investment Range: $33K-$193K
Sales-to-Investment Ratio: 12.4
Average Sales: $1,400,000
Mister Sparky is a franchisor in the electrical services industry, providing installation and repair services to both residential and commercial customers. The company offers a recognizable brand name, comprehensive training, and ongoing support to its franchisees to help them build a successful business.
28. College Pro
Category (lndustry): Home improvement and construction
Investment Range: $3K-$14K
Sales-to-Investment Ratio: 11.5
Average Sales: $97,000
College Pro is a franchisor in the home improvement industry that focuses on residential and commercial painting services. The company provides comprehensive training and ongoing support to its franchisees to help them build a successful business and become leaders in the industry.
29. CertaPro Painters
Category (lndustry): Painting services
Investment Range: $91K-$232K
Sales-to-Investment Ratio: 11.4
Average Sales: $1,848,000
CertaPro Painters is a franchisor in the painting services industry that offers residential and commercial painting services. The company provides a proven business model, comprehensive training, and ongoing support to its franchisees to help them grow their business and succeed in the competitive painting market.
30. Paul Davis Restoration
Category (lndustry): Property restoration and reconstruction
Investment Range: $192K-$517K
Sales-to-Investment Ratio: 11.2
Average Sales: $3,962,000
Paul Davis Restoration is a franchisor in the property restoration industry providing restoration and reconstruction services to residential and commercial customers. The company offers a recognizable brand name, comprehensive training, and ongoing support to its franchisees to help them succeed in the competitive property restoration market.
31. Home Helpers Home Care
Category (lndustry): Home care services for seniors
Investment Range: $96K-$139K
Sales-to-Investment Ratio: 11.0
Average Sales: $1,294,000
Home Helpers Home Care is a franchisor in the senior care industry providing non-medical home care services. The company offers a recognizable brand name, comprehensive training, and ongoing support to its franchisees to help them build a successful business and provide quality care to seniors in their communities.
32. Storm Guard
Category (lndustry): Roofing and exterior restoration
Investment Range: $185K-$222K
Sales-to-Investment Ratio: 10.7
Average Sales: $2,168,000
Storm Guard is a franchisor in the roofing and exterior restoration industry that provides repair and replacement services to residential and commercial customers. The company offers a proven business model, comprehensive training, and ongoing support to its franchisees to help them grow their business and become leaders in the roofing and restoration market.
33. ComForCare
Category (lndustry): Home care services for seniors
Investment Range: $71K-$154K
Sales-to-Investment Ratio: 10.3
Average Sales: $1,166,000
ComForCare is a franchisor in the senior care industry that provides non-medical home care services to seniors and others in need of care. The company offers a recognizable brand name, comprehensive training, and ongoing support to its franchisees to help them build a successful business and provide quality care to seniors in their communities.
34. Pet Butler
Category (lndustry): Pet waste removal and pet services
Investment Range: $42K-$54K
Sales-to-Investment Ratio: 10.2
Average Sales: $489,000
Pet Butler is a franchisor in the pet services industry that provides pet waste removal services to residential and commercial customers. The company offers a proven business model, comprehensive training, and ongoing support to its franchisees to help them grow their business and become leaders in the pet waste removal market.
35. Frontier Adjusters
Category (lndustry): Insurance claims and risk management
Investment Range: $21K-$30K
Sales-to-Investment Ratio: 9.7
Average Sales: $250,000
Frontier Adjusters is a franchisor in the insurance claims and risk management industry providing independent adjusting and appraisal services. The company offers a recognizable brand name, comprehensive training, and ongoing support to its franchisees to help them succeed in the competitive insurance claims market.
36. Homewell Care Services
Category (lndustry): Home care services for seniors
Investment Range: $97K-$226K
Sales-to-Investment Ratio: 9.1
Average Sales: $1,469,000
Homewell Care Services is a franchisor in the senior care industry that provides non-medical home care services to seniors and others in need of care. The company offers a proven business model, comprehensive training, and ongoing support to its franchisees to help them build a successful business and provide quality care to seniors in their communities.
37. Executive Care
Category (lndustry): Home care services for seniors
Investment Range: $101K-$144K
Sales-to-Investment Ratio: 8.9
Average Sales: $1,088,100
Executive Care is a franchisor in the senior care industry that provides nonmedical home care services to seniors and others in need of care. The company offers a recognizable brand name, comprehensive training, and ongoing support to its franchisees to help them build a successful business and provide quality care to seniors in their communities.
38. Home Care Assistance
Category (lndustry): Home care services for seniors
Investment Range: $86K-$147K
Sales-to-Investment Ratio: 7.9
Average Sales: $923,000
Home Care Assitance (now called The Key) is a franchisor in the senior care industry that provides nonmedical home care services to seniors and others in need of care. The company offers a proven business model, comprehensive training, and ongoing support to its franchisees to help them grow their business and become leaders in the home care services for seniors market.
39. The Agency
Category (lndustry): Staffing and recruitment
Investment Range: $118K-$618K
Sales-to-Investment Ratio: 7.9
Average Sales: $2,911,000
The Agency is a staffing and recruitment firm that specializes in providing skilled professionals for various industries. With a focus on matching candidates with the right company culture, they have built a reputation for quality service and strong client relationships.
40. Talem Home Care
Category (lndustry): Home care services for seniors
Investment Range: $66K-$165K
Sales-to-Investment Ratio: 7.5
Average Sales: $866,000
Talem Home Care is a provider of in-home care services for seniors, offering a range of support options to help them maintain their independence and quality of life. They are committed to providing compassionate care and ensuring the safety and comfort of their clients. With a focus on personalized care plans and family involvement, Talem Home Care has established itself as a trusted resource for seniors and their families.