Hottest Franchise Opportunities

Whether you’re interested in getting in on the ground floor of the next big thing or investing in a franchise industry that’s already proven itself and looks to be growing strong, consider this list of the hottest franchise categories. Poke Franchises: More and more companies are looking to capitalize on it through franchising. Even more long-standing franchises with menus inspired by Asian cuisines are continuing to grow and thrive as well. Nail Care and Lash Franchise: These types of services have become very popular and this trend isn’t just for women; there are a number of brands that cater specifically to image-conscious men. Childcare franchises: With more households with two working parents and single parents, the demand for childcare is high, and well-known brands—especially those that also offer educational services—inspire trust. Childcare franchises have experienced impressive growth in recent years. Service and Sales Franchises for Smartphones and other electronics: An indelible part of most people’s everyday lives. Franchises are capitalizing on that by offering repair services, resales, accessories, and more to keep their customers connected. Amusement and Entertainment Franchises: They are all about fun and have been exploding over the past few years. Trampoline parks, paint-and-sip studios, and escape rooms continue to grow, but the newest trend is DIY studios, where people can make rustic wood signs and other craft projects. Fitness Franchises: One of the biggest franchise industries, and one that continues to grow year after year, with no sign of slowing. From big-box gyms to boutique studios, there’s something for everyone—including kids, who have a large number of sports and fitness franchises aimed at them. Dessert Franchises: This category which offers prospective franchisees a wide variety of options, including ice cream, frozen yogurt, ices, ice pops, and custard. Trending right now are novelty concepts, like rolled ice cream and treats made with liquid nitrogen. Mexican Food Franchises: Mexican food overtook pizza to become the second-most-popular menu type last year, with nearly 60,000 restaurants in the U.S., according to CHD Expert, which collects and analyzes food service data. Franchises in this category offer everything from traditional flavors to creative fusions. Pet Franchises: Sixty-eight percent of American households own a pet, according to the American Pet Products Association, and most of the pets as family. So it’s no wonder that franchises that make it easier to care for our furry friends continue to see success. Staffing Franchises: The American Staffing Association reports that staffing and recruiting industry sales increased by 4.4 percent in 2017 to reach $161 billion. No word on how much of those sales come from the franchise sector, but franchisors offering to staff and recruiting services continue to perform well. No matter what franchise you’re considering, trending or not, it’s vital that you do your homework before you invest. Read the franchise disclosure document, consult with an attorney and an accountant, and talk to as many existing and former franchisees as you can to find out if the opportunity is right for you. Check our listings for your area of interest for some of these hot franchises at Franchiseclique.com.