astra-sites domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/franch29/public_html/blog/wp-includes/functions.php on line 6131According to the International Franchise Association, the franchise industry is well-positioned for economic growth, with the largest sector being the food industry. Even with a tough economy, the average U.S. household spends approximately $3,000 per year on eating out. People simply love eating out and statistics prove they are willing to spend their disposable income on food and entertainment.<\/p>\n
Fast food is the top franchise industry. Fast food franchises<\/a> offer a proven business model. When located properly, a fast food franchise can be an excellent source of ongoing revenue. Costs of obtaining a fast food franchise vary widely. For a minimum initial investment of $80,000, you can start a Papa Murphy\u2019s Take-n-Bake or Cousins Subs franchise. Franchises like Church\u2019s Chicken offer 55 years of experience in the market and over 1600 locations in the world. Because it is a more established franchise, minimum initial investment starts at $300,000. If you are looking for a mid-range investment of just over $100,000, Sarku Japan is an outstanding choice. It has become a worldwide fast food success that is starting to grow rapidly here in the United States.<\/p>\n Mobile Food franchises are less expensive to buy into than fast food or casual dining franchises. For example, a Kona Ice franchise requires a minimum investment of $20,000. Benefits of mobile franchises like Kona Ice are a lower initial investment, lower overall establishment cost, lower overhead, and fewer employees. Before selecting a mobile franchise, find out if your service area is exclusive and protected, or you could be competing for profits with other franchisees. Another potential risk of investing in a mobile franchise is not performing independent research on household demographics in the service area.<\/p>\n Casual Dining Franchises offer individuals and families an alternative to fast food and formal dining. Combinations of pubs, restaurants and sports bars have become increasingly popular all over the United States. Boston\u2019s Restaurant & Sports Bar is one such example. At a minimum investment of $300,000, it boasts 40 years of experience as a successful franchise. Boston\u2019s appeals to families, with a great kid\u2019s menu and family style pizzas. It has equal appeal for adults with collections of sports memorabilia on display, flat-screen TVs and a bar atmosphere that is open late.<\/p>\n