5 Fastest Growing Franchises

In this article we are going to list the 5 fastest growing franchises. For a detailed coverage of this topic and a more comprehensive list please head on over to the 15 fastest growing franchises.

5. Taco Bell

Taco Bell is another brand operated by the American Fast Food Corporation Yum! Brands (NYSE: YUM) which also operates KFC, Pizza Hut, The Habit Burger and WingStreet. Taco Bell was founded in 1962 in Irvine, California by Glen Bell. The restaurant chain specializes in Mexican inspired foods like Tacos, Burritos, Nachos, Quesadillas and other items. The restaurant chain has over 7000 franchises over the world. Entrepreneur names it the World’s Most Innovative Franchise. The franchise cost is between $40,000, not including other expanses.

4. Cruise Planners

The company is a privately owned travel agency headquartered in downtown Coral Springs, Florida. They specialize in booking cruises/travel to destinations around the world. Cruise Planners has about 1,500 locations across the United States. Entrepreneur has named Cruise Planners as the best travel franchise. It has a fee of $10,995, making it one of the most affordable ones out there. It is a member of Cruise Lines International Association, American Society of Travel Agents, and National Association of Cruise Oriented Agencies.

3. Reis & Irvy’s

Marketed as the future of Frozen Yogurt, Reis and Irvy is a chain of robotic kiosks serving frozen delicacies. The company is owned by Chessler Holdings. The company offers a chance to people to operate their own kiosk at the initial fee if $15,000. Reis and Irvy is marketed as one of the fastest Yogurt kiosks, with preparation time less than a minute.

2. Jan-Pro Franchising Int’l. Inc.

Our runner up is another cleaning business with over 10,000 locations across the United States and Canada! It was founded by Jacques Lapointe in Rhode Island in 1991. According to its website, the company offers its services to car dealerships, gyms, banks, churches, schools and offices. The initial fee for the franchise starts at $5,000.

1. Supercuts

With over 2,400 locations and growing across the United States, United Kingdom and Australia, Super cuts easily tops our list of the 5 fastest growing franchises. The salon company was founded by Geoffrey M. Rappaport and Frank E. Emmett in 1975 in the San Francisco Bay Area. It is headquartered in Minneapolis, Minnesota. The company is owned by Regis Corporation (NYSE: RGS). The franchise has an initial fee of $10,000.

See also: 10 most profitable franchises in the world and 10 best franchises to open with 10k in 2018