The Franchise 500 list demonstrates that the best franchises come in all shapes and sizes, ranging from those established in 1925 to new entrants like Spark by Hilton in 2023.
Franchises can be initiated at various investment levels. For example, Cruise Planners allows entry for as low as $1,945, while Hilton Hotels requires a hefty $190.9 million to start.
Franchise success isn't necessarily tied to size. Taco Bell, ranked first, has fewer than 10,000 outlets, showing that the quality of the franchise matters more than sheer numbers.
With a median of just 269 units, the data reveals that smaller franchise operations can be just as impactful and successful as the industry giants, such as McDonald's.
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