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Going Global
If there were an international language of business, chances are, it would be franchising. Customers worldwide have proven franchising has a rare universal appeal. And U.S. franchisors are more than happy to supply global entrepreneurs with the opportunity to get in on this phenomenon. Here are the top global franchises for 2008.
Next: Papa John's Int'l. Inc.More From Entrepreneur.com:
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No. 10: Papa John's Int'l. Inc.
In 1984, John Schnatter knocked out a broom closet in the back of his father's tavern and began selling his pizzas to the tavern's customers. Due to their popularity, he was able to expand into an adjoining space and open the first Papa John’s restaurant in 1985.
No. of Franchises: 2,615
Franchising Since: 1986
Franchise Fee: $135.8K-491.6K
Franchise Details
Next: Circle KMore From Entrepreneur.com:
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No. 9: Circle K
Circle K's roots go back to 1951, when Fred Hervey purchased three Kay's Food Stores in El Paso, Texas. Hervey expanded the retail network over the next few decades and entered the international market in 1979.
No. of Franchises: 4,143
Franchising Since: 1995
Franchise Fee: $15K
Franchise Details
Next: UPS StoreMore From Entrepreneur.com:
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No. 8: UPS Store, The/Mail Boxes Etc.
Herb Goffstein and Pat and Mimi Senn founded Mail Boxes Etc. as an alternative to the U.S. Postal Service in 1980. In 2001, Mail Boxes Etc. became a subsidiary of The UPS Store.
No. of Franchises: 6,034
Franchising Since: 1980
Franchise Fee: $29.95K
Franchise Details
Next: Pizza HutMore From Entrepreneur.com:
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No. 7: Pizza Hut
In 1958, brothers Frank and Dan Carney, college students in Wichita, Kansas, borrowed $600 from their mother and opened the first Pizza Hut. More than 40 years later, Pizza Hut has locations throughout the world serving its specialty pizzas.
No. of Franchises: 8,861
Franchising Since: 1959
Franchise Fee: $25K
Franchise Details
Next: Ace Hardware Corp.More From Entrepreneur.com:
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No. 6: Ace Hardware Corp.
The company was incorporated in 1928, and 80 years later has evolved into one of the largest hardware cooperatives in the world.
No. of Franchises: 4,581
Franchising Since: 1976
Franchise Fee: $5K application fee
Franchise Details
Next: InterContinental HotelsMore From Entrepreneur.com:
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No. 5: InterContinental Hotels Group
In 1988, U.K.-based Bass Brewers (founded by William Bass in 1777) moved into the hospitality industry with the purchase of Holiday Inns International.
No. of Franchises: 3,498
Franchising Since: 1954
Franchise Fee: Varies
Franchise Details
Next: Sonic Drive InMore From Entrepreneur.com:
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No. 4: Sonic Drive In Restaurants
In 1953, Troy Smith purchased "Top Hat," a root beer stand in Shawnee, Oklahoma, where customers would park, buy food and eat in their cars. He expanded that concept into a restaurant with partner Charles Pappe, introducing the "Sonic" name in 1959.
No. of Franchises: 2,768
Franchising Since: 1959
Franchise Fee: $45K
Franchise Details
Next: Liberty Tax ServiceMore From Entrepreneur.com:
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No. 3: Liberty Tax Service
In 1997, after selling Jackson Hewitt Inc.--the tax-preparation service company he founded 15 years earlier--John Hewitt acquired a Canadian tax franchisor and established Liberty Tax Service. At the close of 2008, the number of franchises had grown to nearly 2,500.
No. of Franchises: 2,579
Franchising Since: 1973
Franchise Fee: $37K
Franchise Details
Next: McDonald'sMore From Entrepreneur.com:
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No. 2: McDonald's
At the age of 52, Ray Kroc pitched the idea of opening several quick-service restaurants to brothers Dick and Mac McDonald, owners of the McDonald's hamburger stand in San Bernardino, California in 1955.
No. of Franchises: 25,467
Franchising Since: 1955
Franchise Fee: $45K
Franchise Details
Next: SubwayMore From Entrepreneur.com:
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No. 1: Subway
With an initial $1,000 investment, 17-year-old Fred DeLuca and family friend Peter Buck opened Pete’s Super Submarines in 1965. The duo changed the name to Subway a few years later and began franchising in 1974.
No. of Franchises: 29,612
Franchising Since: 1974
Franchise Fee: $15K
Franchise Details
Next: More From AOL Small BusinessMore From Entrepreneur.com:
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Recent Comments
your8787 09:03:54 AM Sep 24 2009
Global Franchise--? Sounds really good, till you consider the franchise fee's, overhead, employee's, traveling, insurance, the multitude of headaches and the HIGH COSTS.-- How does a business opportunity with all the benefits of a Million dollar franchise, but without any of the above sound? -- Most important at a small fraction of the cost to start?-- I have such a opportunity availableand this does work, I am the proof.-- Go to www.dreambudget.com-- or www.douglasryder.com-- or www.sixfigureincome.com--
mnmsur 11:55:36 PM Sep 23 2009
Has anyone actually done a survey or study of how many of these franchises stay in business after their first year or two? Some franchisers just take your money, promise marketing support, do little more than get a toll free number and one ad in the Pennysaver, demand a minimum annual franchise/royalty payment, even if your business is going under. Meanwhile, they pocket the hefty franchise fees and move on to their next victims as they keep on "growing." Read the contracts very carefully. Every time they say the franchisor 'MAY" do something for the franchisee it means that they most likely will NOT! CAVEAT EMPTOR.
sellwithsavel 01:02:12 PM Sep 23 2009
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your8787 10:17:18 AM Sep 23 2009
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The Next Big Chain?
Is there a new hot spot in your town? Has a retailer or restaurant opened up that you think has the potential to become one of the next big chains? Whether it's chinese food or trendy clothes, help us spot up-and-coming chains.
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