Top 10 Franchises
10. Pizza Hut
This pizza giant not only serves up delicious pizza and pasta, but it also makes the list as the 10th most successful franchise in the U.S. Perhaps it’s the restaurant’s famous $5.55 pizzas or new offerings of pasta, P’Zone’s (get one, they’re delicious) or sweet confections, that has helped Pizza Hut rise to the top 10 list.
This fast food powerhouse has seen its name in the news a lot lately, but in spite of the negative press around its high calories offerings, McDonalds continues to push forward. Recently, customers have been greeted with low-cal options such fresh fruit smoothies and oatmeal.
There isn’t an intoxicated college student that hasn’t frequented a Denny’s at 2 a.m. With a franchise-focused business model, the company has sold off many of its corporate units to franchisees. The development of its new tiered menu, with items priced at $2, $4, $6 and $8 has given this greasy spoon a leg up on the competition by appealing to customers from every economic sector.
This 45-year-old company has been busy between wildfires in the West and hurricanes in the East. As a leading disaster-recovery franchise, it continues to find new and innovative ways to reach out to new customers. With a saturated U.S. market, Servpro plan on international expansion and hopes to open 100 unites in Canada in the next five years.
6. Anytime Fitness
In just 11 short years Anytime Fitness has grown into one of the largest fitness franchises in the world. Focused on the “convenience culture” more than 2,000 locations can be accessed 24 hours a day by the gyms 1.7 million users. The Company’s goal is to minimize the hassle of fitness, by letting its members get their sweat on when it’s most convenient for them.
With 2,268 stores nationwide, Supercuts has made it convenient to tame your tresses on the cheap. Kurt Landwehr states that Supercuts is nowhere near the saturation point, "Hair care is a $65 billion industry domestically, and Regis has only about 6 percent of the market," he says. "In a climate like that, there's room for pretty solid growth."
America’s favorite convenience store, that brought America the Slurpee and day old hot dogs, has gotten a facelift in the past year. In 2012, over 2,000 stores saw notable improvements and began offering upgraded technology systems on its dime. Going to bat for its franchises has helped the 7-Eleven maintain success.
3. Jiffy Lube
Last June Jiffy Lube started its first franchisee-funded national ad campaign that increased brand awareness across North America that saw great success. Growth is the name of the game and even during the recession in part because it charges no franchise fee for new service centers or for existing ones that convert to the Jiffy Lube brand.
If it’s good enough for Jerrod, then it’s good enough for the U.S. Subway has seen impressive growth, opening in non-traditional places like hospitals, universities, trucks stops, and stadiums. Boasting nine percent growth and holding an impressive 37,000 locations around the globe. Chief development officer Don Fertman attributes the popular sandwich shops growth to, “Staying true to our values, keeping things simple, keeping overhead low, serving a great product and recruiting great franchisees and sandwich artists, we are going to grow as solid in the coming year as we did in the last year."
1. Hampton Hotels
America’s number one franchised brand brings “Hamptonality” to a whole new level. The popular hotel chains unique culture of bed and breakfast like hospitality has helped the Company reach impressive growth since 2007. In the past year the Company has paid specific attention to what its customers are saying and improving based on customers wants and needs. Offering brown bag breakfasts to business travelers on the go, is just one of the ways Hampton Hotels has be able to distinguish themselves from other mid-level hotels. Culture is important, but value has propelled Hamptons growth into high gear. Free Wi-Fi, free hot breakfast, and competitive pricing has help the popular hotel chain add 60 units globally in 2012.