The Covid-19 pandemic had a huge backlash on the economy. However, several well-known franchises will make a big splash in 2022. Many are worth another look for possible investment.
It might be selling new products or keeping up with an ever-changing market. It might simply be selling a “hot item” that many people can’t be without. Whatever your preference, there are a few companies guaranteed to make a profit. Of course, it helps to know where to invest your money when it comes to a franchise.
We’ve found a few top well-known franchises that stand out when it comes to investment. However, it really depends on where your experience or passion lies. With the proper amount of research, however, you’ll find the business that’s right for you.
The housing market is rising at an incredibly high rate. Properties are gaining value across key states — and it’s not slowing down anytime soon. That said, investment in Century 21 is something to keep an eye on as the year continues.
When 2022 first began, Century 21 was ranked as one of the top franchises in Entrepreneur’s Franchise 500. It was recognized as a powerful resource spanning over 155,000 paid sales professionals across the globe.
Now that it’s the end of March, it’s sure to grow in stature. Century 21 has a wider availability of properties. The franchise also has the ability to overcome whatever challenges rise up with the ever-changing housing market. That makes Century 21 one of the top franchise investments to consider. Likewise, it helps to have people that are savvy when it comes to real estate.
While restaurants may have taken a dip in post-pandemic times, convenience stores are at an all-time high.
One of the most popular, 7-Eleven, is entering its 95th year on the market. The chain has over 77,000 locations, with thousands of employees serving consumers 24 hours a day, no matter what they’re in the mood for. (Who among us hasn’t desired a Slurpee at 3:00 a.m.?)
There is a continuous need for gas, as well as food services. These range from grabbing a quick snack during a lunch break to some quick munchies for the workday. 7-Eleven isn’t going to stop growing through the year. With so many store locations available, investing in a franchise — and potentially a location of your own — is a worthwhile choice.
When it comes to picking one of the top franchises in the fast-food market, it’s hard to beat McDonald’s.
It’s been around since 1955, serving up iconic delights like the Big Mac, Chicken McNuggets, and the Quarter Pounder to billions of consumers worldwide. Even with the pandemic, the McDonald’s business hasn’t slowed. Cars continue to pile into pick-up lanes.
Despite over 39,000 stores being open, there’s always room for more investment. This is especially in tourist-heavy states such as Texas, California, and Florida. Investing in this franchise is relatively simple, whether you’re looking for a traditional restaurant or something more advanced, such as a location in an airport or university.
McDonald’s easily earns its place among the top franchises out there—and not just because of the Shamrock Shake (though that doesn’t hurt when it’s available).
The UPS Store
The United States Postal Service is slowly getting back to normal. However, there are still hundreds of thousands of consumers looking for a good shipping alternative. That makes The UPS Store worth consideration as a top franchise.
The company has been around since 1980. Even with over 5,300 stores across the world, there’s still the need to fulfill the demand of consumers shipping out packages to their business partners and loved ones.
Investing in a new location is a strong choice, even though proper training and understanding of certain restrictions are necessary for processing orders. Still, it’s time well invested, and The UPS Store could lead to a nice turnaround — especially during the holiday season when business practically doubles or even triples.
In the midst of the pandemic, restaurants with delivery services thrived. This is mainly because consumers wanted the convenience of eating out without actually going out.
This trend included pizza chains, which thrived under these conditions. One such company is Pizza Hut.
Even as the U.S. comes out of the pandemic, millions still prefer home delivery. Pizza Hut fulfills the need to have food delivered right to the front door.
Though there are over 17,000 units already, there’s always interest in expanding delivery to new areas, whether with a delivery-based unit or the still-existent (in some areas, anyway) “red roof” design, in case consumers feel like dining in for a change. Whichever one you feel is the proper fit, this is easily one of the top franchises to look at when it comes to making money with fast food, provided you get the right drivers and tools to make it.
Here’s hoping you find a successful franchise investment in the coming months! Stick with it and be ready to make adjustments as you go.