Best Franchises to Buy in the US for Women Entrepreneurs
Did you know that 42% of American businesses are owned by women? Women entrepreneurs account for more than 31% of the small business and franchise ownership. A third of that percentage is women who have successfully operated and flourished their companies for a decade or more. Business and franchise ownership of women has increased rapidly through the years, contributing significantly to the US GDP. On that note, let’s explore the best franchises to buy in the US for women entrepreneurs.
1.
Executive Care
Executive
Care started as a senior care company in 2004. It has been franchising since
2012 and presently has more than 23 franchise units. The franchise has expanded
its services, specializing in healthcare services for seniors and infants. The
company is known for its values and quality service. Anyone with initial
training in healthcare and caregiving is suitable, making it the best franchise to start.
It has a one-week training program for franchisees (hands-on and
instructional). The initial investment is $99,650 - $169,900 with a franchise
fee of $44,900 and 5% royalty fees.
2.
Red Mango
Red
Mango began its journey in 2006. The following year it opened up for
franchising, and since then, they have opened 314 franchise outlets. Red Mango
is famous for its delicious frozen yogurts, smoothies, and juice made with
natural and healthy ingredients. There are multiple choices in flavors and
types, such as non-fat. Over the years, they have succeeded in building a
robust franchise network with a positive impact on the local communities,
promoting a healthy diet and lifestyle choices. The initial investment for the
franchise is $193,500 - $466,000 with a franchise fee of $30,000 and 6% royalty
fees. If you want something to do with food, this is one of the best franchise investments.
3.
Kona Ice
Kona
Ice is a Hawaiian shaved ice company with its headquarters in Florence,
Kentucky. Starting in 2007, this mobile franchise started outlets in 2008. It’s
a fairly new franchise in the USA to
make our list, compared to the others. At present, it has more than 1000
franchise outlets. The USP of this business is that it guarantees revenue
generation in just 30-60 days of buying the franchise. They give liberty to the
franchisees to run the business, guiding them along the way. The initial
investment $124,750 - $147,550 with a $15000 franchise fees and $3,000 - $4,000
royalty fees per year.
4.
Signarama
This
is one of the oldest franchises in
the USA on our list with a foundation year that dates
back to 1986. The company started franchising in 1987. They are a print
franchise specializing in printing a variety of marketing materials. With more
than 709 franchise outlets across the USA, they have a reputation for guiding
the franchisees to understand the business and run it smoothly. The initial
investment is $110,013 - $295,520 with a franchise fee of $49,500 and 2%-6%
royalty fees.
Wrapping
Up
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