(Newswire.net — July 28, 2020) — There is no question, of course, that 2020 has been a difficult year for the world economy. However, as reports have now made abundantly clear, the economy continues on, and smart entrepreneurs can still find opportunities to create new businesses. To that end, here are 6 of the top franchise opportunities now available.
Dunkin: The classic has remained on Entrepreneur’s top list in some form or fashion since 1980, and there’s a good reason for that. Despite the rapidly shifting business environment, Dunkin has continued to evolve, changing with the times to constantly shift its format. It’s most recent change has it removing “donut” from its name, emphasizing its coffee and healthy food options over the delicious snack treat. More to the point, start-up costs remain affordable, with a minimum of only $395,000 required in some areas. Clearly, the franchise has a national name, a successful management structure, and a brand that can be banked on for success. Furthermore, in these COVID-19 times, Dunkin is likely to become more relevant, as its take-out and drive-in options are unlikely to take a hit in the event more shutdowns are enacted.
The UPS Store: The UPS store has become increasingly relevant in a world where online commerce continues to boom. According to one astonishing statistic, 1/3 of online packages are returned – and they have to be returned somewhere. Indeed, if the online boom continues – or even if it plateaus – it is clear that the need for shipping and packaging will continue to accelerate. That nexus is where the UPS store, and its franchise owners, can make a huge profit.
Healthy You Vending: Healthy food and eating quickly is all the rage these days, and as we all know, vending machines often don’t have these types of options. That’s where Healthy You Vending comes in – it offers a healthy alternative to traditional vending machines. It’s start-up costs are exceptionally low – potentially as low as $30,000 – and it is accepting applications in 38 states and the District of Columbia. This means that you may have a great opportunity to purchase a low-cost and high-concept franchise.
911 Restoration: The unfortunate proof about our world is that we are living in an era where climate change is very, very real, and creating havoc across the planet. As a result, properties are being destroyed in increasingly volatile weather events. Keeping that in mind, there are opportunities for successful entrepreneurs to make money. One such example is 911 Restoration, which allows people to restore properties that have been damaged in a weather, accident, or some other misfortune. The price is reasonable – a mere $60,000 – and the franchise is seeking applications in 39 states and the District of Columbia, meaning there is almost certainly a chance for you to apply for a business.
SuperCuts: SuperCuts is a mainstay in the franchise world, and with good reason. It remains a highly popular name brand for inexpensive and high-quality haircuts. Their steady rate of growth over the past decade shows that they continue to be able to find success, even in a quickly changing business environment, and their cost is between $150,000 – $320,000. It’s not cheap, but it does have a high-profit upside, so if hair is your passion, this one may be well worth checking out.
Kumon Math & Reading Centers: The interesting thing about Kumon is that its base is international: According to data released by the company, only about 6% of their franchise units are within the United States. However, the company has found global success, and they are attempting to replicate its international growth rate in the United States. The company offers supplemental learning and tutoring for students and has the 12th highest rank in Entrepenuere’s Top 500 franchise list. It’s start-up costs are also very low, ranging between roughly $75,000 – $155,000. At that price, you can probably afford to investigate this franchise.