The following contains franchising information you should know about the top five franchises. Read on if you are interested in learning about the top five franchises and how you can own one.
Top 5 Franchises
Subway
In 1965, 17-year-old Fred DeLuca and family friend Peter Buck opened Pete's Super Submarines in Bridgeport, Connecticut. With a loan from Buck for only $1,000, DeLuca hoped the tiny sandwich shop would earn enough to put him through college. After struggling through the first few years, the founders changed the company's name to Subway and began franchising in 1974. Offering a fresh, healthy alternative to fast-food restaurants, Subway has franchises throughout the United States and in several countries, with locations in traditional and nontraditional sites alike.
Dunkin Donuts
In 1946, William Rosenberg founded Industrial Luncheon Services, a company that delivered meals and snacks to workers in the Boston area. The success of Industrial Lucheon Services convinced Rosenberg to start the Open Kettle, a doughnut shop in Quincy, Massachusetts. Two years later Open Kettle changed its name to Dunkin’ Donuts. Today, Dunkin’ Donuts serves a variety of doughnuts, muffins, bagels, coffees and fruit drinks at its locations in more than 40 countries.
Jackson Hewitt Tax Service
Started in1960, Jackson Hewitt is a full-service, year-round national tax service specializing in computerized federal and state preparation of individual returns. It began franchising in 1986, the same year that the IRS introduced electronic filing.
7-Eleven Inc
Taking its name from the hours its stores used to operate (7 a.m. to 11 p.m.), 7-Eleven has grown from a Dallas-based ice company to an international convenience store chain. Approximately 6 million customers visit 7-Eleven stores in the United States and Canada each day, buying items such as milk, wine, bread fresh-food items and gas.
UPS Store, The/Mail Boxes Etc.
Founded in 1980, Mail Boxes Etc. became a subsidiary of UPS in 2001. The company now franchises The UPS Store concept, whose locations provide packaging, shipping, copy and print services, mailbox services, computer time rentals, and more. The UPS Store and Mail Boxes Etc. franchises are located throughout the United States and in over 40 countries.