5 Best Franchises To Own in 2024

4. Taco Bell

Number of Mentions: 4

Total System Sales (2022): $14.65 Billion

Taco Bell, a subsidiary of Yum! Brands, Inc. (NYSE:YUM), is one of the best franchises to own in 2024. The initial franchise fee may range from $25,000 to $45,000. Additional costs include real property costs, building construction costs, initial inventory costs, first unit construction services costs, grand opening expenses, and additional funds for the next 3 months. Taco Bell has more than 350 franchise organizations with over 8,200 restaurants serving over 42 million customers every week. Total system sales for Taco Bell in 2022 amounted to $14.65 billion.