Top 10 Franchises for 2009
Entrepreneur.com recently released their 2009 Franchise 500. A list that ranks the top 500 franchise opportunities.
The top 10 include (start-up costs):
- Subway ($78.6K-238.3K)
- McDonald’s ($950.2K-1.8M)
- Liberty Tax Service ($53.8K-66.9K)
- Sonic Drive In ($1.2M-3.2M)
- Intercontinental Hotels Group (Varies)
- Ace Hardware ($243.5K-1M)
- Pizza Hut ($638K-2.97M)
- UPS Store ($171.2K-280K)
- Circle K ($161K-1.4M)
- Papa John’s ($135.8K-491.6K)
While I have never heard of Liberty Tax Service and Circle K, the other 8 franchise seem reasonable with what I would expect to top the list. Obviously most of them are fast food joints, which makes sense because these people will always have business regardless of the economy.
Subway to me is a no brainer if only for the fact that I eat there 1-2 times a week. Also Subway is expected to surpass McDonald’s for number of outlets in 5 years. If that is not an accomplishment, then I don’t know what is. According to their CEO, 2008 was their best year! No surprise that there are public stock holdings for the company.
Another thing that stood out to me was that, out of the top 10, Sonic seemed to have the highest start-up costs. To me it seems weird because all there really is to the building itself is the kitchen, and the rest is outdoors; however, perhaps the wiring for each car station is more expensive than I think.
Looking to buy into any franchises in the near future?
Entrepreneur.com – 2009 Franchise 500
Filed Under: All About Business
Tags: business, entrepreneur, franchise
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I have been really eating at Subway once they had their 2.99 daily special. It was cheap and it tasted good and lots of people ate it also.
Hi,
The top 10 list from Entrepreneur Magazine is usually filled with food franchises. Food franchises are the most visible, and are also what most folks think of when they think of the word franchise.
Sonic is expensive, because of the build out costs. A Sonic not only has the drive-up areas, but the building itself is a free standing one, which is a lot more expensive than leasing a space in a typical strip center, like a lot of Subway franchise owners do.
Joel Libava
The Franchise King Blog
That is a good point. I didn’t think about that.
Circle K is a gas station/ “quicke mart” type of business. We have lots of them here in Florida. They do pretty well depending on location – Like most gas stations. They don’t all have to have pumps though; which explains the price fluctuations.
We had one when I lived on the island – It was the only store you could get to without crossing the bridge. No gasoline though – Probably for enviornmental reasons seeing as it was right by the beach.
Subway seems like a nice investment to get started in franchising. Too bad I hate their food.. : p
Ok. So I guess that is why I never heard of Circle K. The store on the island must of loved their monopoly there.