Ranking The Top 50 Fast-Food Chains in America: Bringing the Foodies & Franchisees Closer
by Shahnawaz Alam Business Published on: 27 March 2024 Last Updated on: 28 March 2024
The US population has 131.82 million full-time employees. So, the 9 to 5 life is what life is all about to many.
It is difficult to cook your own breakfast while the office door awaits you at 9. That’s where the fast food restaurants come in, serving delicious burgers and great coffee to the busy people and the foodies.
It creates a great opportunity for franchise owners who want to start a franchise. However, it is difficult to choose the right franchise when there are too many options. Here’s an article to help franchise owners buy the right franchise with their targeted customers in mind.
1. Taco Bell
| Category | Mexican inspired QSR |
| Sales in 2023 | $2 billion |
| Total Number of Locations | 8,564 worldwide (in 32 countries) 5,500 (In USA) |
| What’s Popular | Crunchwrap Supreme |
| Opening & closing hours | 11 am–11 pm |
| Initial Investment | $525,100 to $2,622,400 |
| Franchise Fees | $25,000 to $45,000 per location |
| Net Worth Required | $1.5 million |
Taco Bell was founded in 1962 in Downey, California, by Glen Bell. Taco Bell is famous for its Tex-Mex cuisine, which is popular among many foodies.
Through the parent company named Yum, Taco Bell and companies like KFC and Pizza Hut are connected. Yum owns all three of these food chains. As a fast food restaurant, Taco Bell has built a track record for its sales figures and impressive marketing tactics.
2. KFC
| Category | Chicken |
| Sales in 2023 | $31.116 billion globally |
| Total Number of Locations | 25,000 worldwide 4284 (in USA) |
| What’s Popular | Extra Crispy Chicken |
| Opening & closing hours | 11 am–11 pm |
| Initial Investment | $3.7 million |
| Franchise Fees | $45,000 |
| Net Worth Required | $1,500,000 |
In 1930, Colonel Harland Sanders founded KFC in North Corbin, Kentucky. Their fried chicken needs no introduction, thanks to the crispy flavor that goes with the branding.
KFC keeps its recipe a super secret. Colonel Sanders used to keep the recipe for KFC chickens hidden. It was a blend of 11 herbs, and he wrote it on scrap paper and kept it inside his wallet. Their constant quality check on raw materials, food, branding, and global marketing strategies makes it a hit. KFC is undoubtedly one of the best fast food restaurants.
3. Subway
| Category | Sandwich |
| Sales in 2023 | $9.2 billion |
| Total Number of Locations | 36,592 stores Worldwide 19573 in the USA |
| What’s Popular | turkey and tuna |
| Opening & closing hours | 6:30 am –9:30 pm |
| Initial Investment | $229,050 – $522,300 |
| Franchise Fees | $15,000 |
| Net Worth Required | $80,000 |
Fred DeLuca and Peter Buck founded Subways in Bridgeport, Connecticut. Their best item is Italian B.M.T. But what they are most known for is the submarine sandwich.
Be it sandwiches or freshly baked breads, Subway is the place to go for sandwich lovers. It is the on-the-go spot for fresh food lovers. They smartly adapt to changing customer preferences and keep quality food at the top of their priority list.
4. Pizza Hut
| Category | Pizza |
| Sales in 2023 | $1 billion |
| Total Number of Locations | 18,381 worldwide 6,614 in the USA |
| What’s Popular | Pepperoni Pizza |
| Opening & closing hours | 11 am–11 pm |
| Initial Investment | Over $2 million |
| Franchise Fees | $25,000 |
| Net Worth Required | $700,000 |
Dan and Frank Carney planned on making Pepperoni Pizza popular; hence, we have Pizza Hut today. They built Pizza Hut in 1958 in Wichita, Kansas, which has been popular for Pizza ever since.
Pizza Hut remains one of the best fast food restaurants in the USA because of the extent of innovation it has adhered to. As a fast food chain, Pizza Hut kept its quality parameters high for its food and ingredients. They successfully created a hallmark from the Pan Pizza concept they introduced in 1968. Their brand voice speaks loud across 100 countries and throughout their 18000 plus locations.
5. Burger King
| Category | Burger |
| Sales in 2023 | $1.88 billion |
| Total Number of Locations | 18,700+ worldwide (in more than 100 countries) 6,711 in USA |
| What’s Popular | Whopper burger |
| Opening & closing hours | 6 am– 9 pm |
| Initial Investment | $230,000 and $4,194,700 |
| Franchise Fees | $50,000 |
| Net Worth Required | $1 million |
The founders of Burger King are Keith J. Kramer and Matthew Burns. In 1953, they established one of the most famous burger shops in Jacksonville, Florida.
Burger King stays bold in its treatment to provide value-for-money food options. The brand comes as a creative, fun, and approachable burger location where you can “have it your way.” affordable, customizable, fast food makes Burger King a customer favorite, and the brand value never disappears.
6. Dunkin’ Donuts
| Category | Snacks |
| Sales in 2023 | $12.4 billion |
| Total Number of Locations | 13,500 worldwide ( 42 countries) 9,593 in the USA |
| What’s Popular | Coffee |
| Opening & closing hours | 24 hours or 10 am – 10 pm |
| Initial Investment | $1,809,500 |
| Franchise Fees | $40,000–$90,000 |
| Net Worth Required | $500,000 |
In 1950, William Rosenberg started Dunkin Donuts in Quincy, Massachusetts. Many New Yorkers cannot imagine their morning breakfast without Dunkin’ Donuts. It is no wonder New York has the highest number of Dunkin’ restaurants.
Whether you crave coffee or Doughnuts you want to dig into, Dunkin’ is the place to go, especially in the morning. Franchisees don’t regret starting a Dunkin’ store because of the brand’s popularity.
7. Chick-fil-A
| Category | Chicken |
| Sales in 2023 | $11.3 billion |
| Total Number of Locations | 2,816 locations worldwide 3,059 in USA |
| What’s Popular | Original Chick-fil-A Chicken Sandwich |
| Opening & closing hours | 6 am. and 10 pm (on weekdays) |
| Initial Investment | $1,651,000 |
| Franchise Fees | $40,000 |
| Net Worth Required | $750,000 |
S. Truett Cathy set up Chick-fil-A in Hapeville, Georgia, in 1946. When it comes to making people crave more chicken sandwiches, they know the craft, both from the brand and culinary perspective.
Chick-fil-A has ranked number one for customer satisfaction for nine consecutive years and scored 85 on the ACSI (American Customer Satisfaction Index). So, their commitment to quality, good customer service, and brand reputation is out of the question.
8. Popeyes Louisiana Kitchen
| Category | Chicken |
| Sales in 2023 | 5.95 billion |
| Total Number of Locations | 4,000 worldwide 3,705 (across 46 states) |
| What’s Popular | crispy fried chicken |
| Opening & closing hours | 10 am–10 pm |
| Initial Investment | $383,500 – $2,620,800 |
| Franchise Fees | $50,000 |
| Net Worth Required | $1,000,000 |
Popeyes Louisiana Kitchen is known for its New Orleans-style menu. The brand identity is backed up by years of dedication, attention to quality, and customer commitment. Despite tough competition from KFC and the likes, Popeyes Louisiana Kitchen has kept its place in the market. It is one of the good fast-food restaurants to consider as a franchisee.
Al Copeland founded Popeyes Louisiana Kitchen in 1972 in New Orleans, Louisiana. Their track record has been proven and kept safe thanks to the amazing Cajun cuisine they serve at Popeye Louisiana Kitchen.
9. Dairy Queen
| Category | Snacks |
| Sales in 2023 | $3.6 billion |
| Total Number of Locations | 5,700 (across 30 countries) 4,300 (in the USA) |
| What’s Popular | the Blizzard |
| Opening & closing hours | 10 am–10 pm |
| Initial Investment | $1,151,155 to $1,936,655 |
| Franchise Fees | $45,000 |
| Net Worth Required | $750,000 |
John Fremont McCullough was the founder of Dairy Queen, and he founded the restaurant chain back in the 1940s in Joliet, Illinois. Although the Blizzard is their best item, Dairy Queen is also famous for their soft-served ice cream.
Dairy Queen Ranks 426th in the Global Top 100 Brands, and it also ranks #33 in the Food & Beverages brands. Dairy Queen has kept its brand name and brand reputation strong and clean throughout the years. Thanks to the loyal fanbase they have built up, a new franchisee does not have to wait on customers.
10. Del Taco
| Category | Mexican inspired dishes |
| Sales in 2023 | $497 million |
| Total Number of Locations | 594 (15 US states) |
| What’s Popular | tacos, burritos, and burgers |
| Opening & closing hours | Twenty-four hours a day, seven days a week. |
| Initial Investment | $1,312,200 – $3,085,000 |
| Franchise Fees | $35,000 |
| Net Worth Required | $1 million |
When anyone is looking for quick-serving restaurants with tons of tasty Mexican menus ready and hot to be served, Del Taco is around. College students and young adults especially love to taste the spicy flavors of Del Taco Mexican recipes.
Del Taco was founded by Ed Hackbarth and David Jameson in Yermo, CA in 1964. Their original recipe, THE Del Taco, has a lot to say about their success, challenges, mergers, expansions, and more.
11. Jack in the Box
| Category | Burger |
| Sales in 2023 | $1.71 billion |
| Total Number of Locations | 2,102 |
| What’s Popular | burgers, tacos |
| Opening & closing hours | 18–24 hours |
| Initial Investment | $1,651,500 – $2,638,600 |
| Franchise Fees | $50,000 |
| Net Worth Required | $1.5 million |
Jack in the Box acquired Del Taco in 2022. It is a San Diego, California-based fast food restaurant famous for serving tacos and burgers.
On top of the freshness and food quality, Jack in the Box also does well in their campaigns. Whether it is the “Smash the Haters” campaign to convert more new customers or “Help Feed Kids, One Curly Fry at a Time” to feed children, they know how to attract customers. Franchisees can definitely benefit from the innovative marketing strategies they come up with.
12. Pizza Guys
| Category | Pizza |
| Sales in 2023 | $24 million |
| Total Number of Locations | 88 worldwide 74 in the USA |
| What’s Popular | Cheezee Garlic Rolls |
| Opening & closing hours | 10 am – 10 pm |
| Initial Investment | $68,300 to $197,500 ( store equipment and furnishing leased) |
| Franchise Fees | $25,000 |
| Net Worth Required | $200,000 |
Pizza Guys was founded by Shahpour Nejad in 1986 in the USA. They are currently approaching 100 locations worldwide and in the USA.
Pizza Guys focuses on affordability and food quality, becoming one of the best fast food restaurants in the USA. Their menu exists to instigate the happy, nostalgic memory of comfort food that fills the stomach and the heart with memory.
13. Whataburger
| Category | Burger |
| Sales in 2023 | $3 billion |
| Total Number of Locations | 940 in the USA 925 worldwide |
| What’s Popular | Burgers and its Fancy Ketchup |
| Opening & closing hours | 24 hours |
| Initial Investment | $545,500 to $894,500 |
| Franchise Fees | $40,000 |
| Net Worth Required | $12.5 million or $5 million |
Harmon Dobson founded Whataburger in 1950 Corpus Christi, Texas in Corpus Christi, Texas. They were able to expand a single burger stand into a multi-location fast food restaurant chain.
Whataburger carries the pride of serving food lovers for 70 years and harboring more than 50000 employees. In the U.S. food ranking, Whataburger ranks 8th. Also, the special ketchup recipe they keep secret keeps people following the orange-and-white striped logo across the States.
14. Teriyaki Madness
| Category | Fast casual restaurant |
| Sales in 2023 | N/A |
| Total Number of Locations | 125+ in the USA, Mexico, and Canada. |
| What’s Popular | chicken teriyaki bowl |
| Opening & closing hours | 11 am – 9 pm |
| Initial Investment | $312,500 to $731,260 |
| Franchise Fees | $45,000 |
| Net Worth Required | $450,000 |
Teriyaki Madness was founded by Rod Arreola and Alan Arreola in 2003 in Las Vegas, Nevada.
Teriyaki Madness shows its madness through the fresh, spicy, bold, and flavorful grills they serve in Seattle. Yes, the hype of Teriyaki Madness lives up to the reputation. It has been one of the most profitable restaurant franchises in the USA. On the Franchise Times Fast & Serious, Teriyaki Madness takes the 6th spot.
15. Cinnabon
| Category | Bakery |
| Sales in 2023 | $467,724,796(global sales) |
| Total Number of Locations | 1,200 (48 countries) 700 (in USA) |
| What’s Popular | cinnamon rolls |
| Opening & closing hours | 9 am – 10 pm |
| Initial Investment | $233,700 and $546,800. |
| Franchise Fees | $30,500 |
| Net Worth Required | $400,000 |
Rich Komen Founded Cinnabon in 1985 in Federal Way, Washington. The Cinnamon Roll served at Cinnabon stays sweet and tempting throughout its journey and has been one of the creators of the success story in the QSR industry.
In all its efforts to stay sweet and leave an impression on your taste buds, Cinnabon remains successful. They have also kept their intention to satisfy the customer unwavering.
16. Crumbl Cookies
| Category | Snack |
| Sales in 2023 | $685 million |
| Total Number of Locations | 918 in the USA and Canada |
| What’s Popular | birthday cake |
| Opening & closing hours | 8 am – 10 pm |
| Initial Investment | $228,000–$600,000 |
| Franchise Fees | $25,000 |
| Net Worth Required | $500,000 |
Jason McGowan (CEO) & Sawyer Hemsley (COO) founded Crumbl Cookies in 2017. Crumbl Cookies. They have been trying to bring friends and families together with the best birthday cakes that fill both hearts and guts.
Crumbl Cookies is a viable option for franchisees. The main reason behind this lies in its low startup cost and a high average return. Their flavors are unique, and the menu is evolving. Especially when it comes to buying birthday cakes, they are the go-to store for many.
17. Smoothie King
| Category | Healthy Beverages |
| Sales in 2023 | $5.5 million |
| Total Number of Locations | 1,400 worldwide 722 USA |
| What’s Popular | The Hulk |
| Opening & closing hours | 7 AM–9 PM |
| Initial Investment | $264,000 to $1,200,000 |
| Franchise Fees | $30,000 |
| Net Worth Required | $300,000 |
Smoothie King came into existence in 1973. Steve and Cindy Kuhnau started this smoothie franchise in Louisiana. They started it as an experiment at home while blending different fruits and nutrients to make something healthy and tasty. It remains one of the most popular publicly held franchises in the USA.
For Smoothie King, there is only one sentence – “it is the world’s largest Smoothie Brand.” It is one of the famous contenders in the top 50 fast food restaurants, as listed by QSR magazine.
18. Wingstop
| Category | Chicken |
| Sales in 2023 | $3.5 billion |
| Total Number of Locations | 2,214 worldwide 1,877 in the USA |
| What’s Popular | Lemon Pepper chicken wings |
| Opening & closing hours | 11 am –10 pm |
| Initial Investment | $346,775 to $733,249 |
| Franchise Fees | $20,000 |
| Net Worth Required | $1,200,000 |
Wingstop is the best place for people craving chicken wings and Cajun seasoning. Franchisees should benefit from a strong brand reputation and loyal customer base.
Founded back in 1994, Wingstop owes its origin to Antonio Swad and Bernadette Fiaschetti, the founders. The journey started in Texas, and Wingstop set out to “Serve the World Flavor.” They serve lemon pepper, Cajun, atomic, original hot, mild, Hawaiian BBQ, etc., to hungry souls.
19. Chipotle
| Category | Global |
| Sales in 2023 | $9.9 billion |
| Total Number of Locations | 2,750 in USA 3,437 worldwide |
| What’s Popular | burritos and bowls |
| Opening & closing hours | 10 am–10 pm |
| Initial Investment | $1.2–$2.8 million |
| Franchise Fees | $25,000 |
| Net Worth Required | $1,500,000 |
Steve Ells founded Chipotle Mexican Grill in 1993, and it has been serving “Food with Integrity” ever since.
Chipotle stays true to its motto, “food with integrity.” The commitment to serve good food to food lovers is evident in their integrity and quality of food. It is the best place for traditional Mexican cuisine. Customers come here for bowls, burritos, tacos, salads, and whatnot.
20. Firehouse Subs
| Category | Sandwich |
| Sales in 2023 | $1.19 billion |
| Total Number of Locations | 1,210 worldwide |
| What’s Popular | Hook & Ladder sub |
| Opening & closing hours | 10 am – 9 pm |
| Initial Investment | $92,255–$824,846 |
| Franchise Fees | $20,000 |
| Net Worth Required | $300,000 |
Founded by two firefighter brothers, Chris and Robin Sorensen, Firehouse Subs stands as a top fast-food restaurant franchise. They started in 1994 in Jacksonville, Florida.
Firehouse Subs has been catering to fresh food made out of fresh and healthy ingredients and made using exclusive recipes. It ranks 6th among the top fast sandwich chains in the USA.
21. Five Guys
| Category | Fast Casual |
| Sales in 2023 | $3.2 billion worldwide |
| Total Number of Locations | 1,800 worldwide (24 countries) 1,470 (in USA) |
| What’s Popular | burger and famous fry offerings |
| Opening & closing hours | 11 am – 10 pm |
| Initial Investment | $152,000 to $360,000 |
| Franchise Fees | $25,000 |
| Net Worth Required | $500,000 |
In 1986, five people from the Murrel Family founded Five Guys in Alexandria, Virginia. Their beef burgers and hand-cut fries are among the popular dishes.
Five Guys franchises can be a lucrative business opportunity if proper dedication and resources are used. Due to the allowance of passive ownership, Five Guys is a good opportunity for owners.
22. Hubcap Grill
| Category | Burger |
| Sales in 2023 | N/A |
| Total Number of Locations | 5 locations in USA |
| What’s Popular | burgers and sandwiches |
| Opening & closing hours | 11 am – 9 pm |
| Total Investment | $150,000 to $500,000 |
| Franchise Fees | $40,000 |
| Net Worth Required | $1.5 million to $2.5 million |
In 2008, a Houston native named Ricky Craig started the food chain named Hubcap Grill. They have emerged as the restaurant serving the best burgers in Houston.
Food Network names Hubcap Grill one of the top 10 best burgers in the USA. Their fries and burgers are great and widely appreciated by customers.
23. Nautical Bowls
| Category | Bowls |
| Gross Sales reported in 2023 | $1,095,647 |
| Total Number of Locations | 60 locations |
| What’s Popular | The Nauti Bowl |
| Opening & closing hours | 7 am – 8 pm |
| Initial Investment | $243,750–$423,250 |
| Franchise Fees | $39,500 |
| Net Worth Required | $243,750–$423,250 |
An entrepreneur couple named Rachel and Bryant Amundson founded Nautical Bowls in 2018. The idea started with the couple trying to fill in the lack of a good restaurant in Minnesota.
It is no news that the craze for gluten-free, dairy-free foods is becoming trendy. Nautical Bowl has been attracting many people in the USA with its gluten-free food. It is definitely one of the best fast food restaurants to own in the USA.
24. Penn Station East Coast Subs
| Category | Sandwich |
| Sales in 2023 | $415 million |
| Total Number of Locations | 306 |
| What’s Popular | Philly Cheesesteak |
| Opening & closing hours | 9 am – 11 pm |
| Initial Investment | $290,984 to $594,478 |
| Franchise Fees | $25,000 |
| Net Worth Required | $500,000 |
Penn Station East Coast Subs was founded by Jeff Osterfeld in 1985 in Cincinnati, Ohio. This Ohio-based fast food restaurant has made its fresh-cut fries and grilled chicken sandwiches famous among foodies.
They have more than 300 restaurants in 15 states of the USA. The menu and the dishes stay true to the East Coast style.
25. Arby’s
| Category | Sandwiches |
| Sales in 2023 | $3.9 billion |
| Total Number of Locations | 3,500 in nine countries, including the USA |
| What’s Popular | roast beef sandwiches |
| Opening & closing hours | 10 am–10 pm |
| Initial Investment | $628,950 to $2.3 million |
| Franchise Fees | $25,000 |
| Net Worth Required | $1,000,000 |
Another Ohia-based fast food chain, and another great place for roast beef sandwiches. Arby’s owes its birth to Leroy and Forrest Raffel, who set up this fast-food restaurant in Boardman, Ohia, in 1964.
Arby’s is famous for roasted beef sandwiches. In addition, they also serve wraps, chicken sandwiches, and milkshakes. It is ranked as the second-largest sandwich brand in the entire world. First-time visitors must try Curly Fries at Arby’s.
26. Panera
| Category | Sandwich |
| Sales in 2023 | $1.2 billion |
| Total Number of Locations | 2186 in the USA |
| What’s Popular | Club Sandwich |
| Opening & closing hours | 6:00 am – 9:00 pm |
| Initial Investment | $2.5 million to $3.5 million |
| Franchise Fees | $40,000 |
| Net Worth Required | $2.5 million |
Panera was established in 1987 in Boston, Massachusetts. Ken Rosenthal, Ronald M. Shaich, and Louis Kane started it as a community bakery. Gradually, it evolved into a fast-food chain.
As a pioneer of fast food restaurants, Panera has always succeeded in providing high-quality fast casual food and dining experiences. Their reputation is built on great items like broccoli, cheddar soup, bacon, turkey, and Bravo Sandwich. Panera is a successful franchise for business owners leaning toward fast food restaurant franchises.
27. Domino’s
| Category | Pizza |
| Sales in 2023 | $18.3 billion |
| Total Number of Locations | 18,848 |
| What’s Popular | Pepperoni Pizza |
| Opening & closing hours | 9 am – 6 pm |
| Initial Investment | $102,650 and $516,700 |
| Franchise Fees | $10,000 |
| Net Worth Required | $250,000 |
Food lovers who love to quench their craving for pepperoni pizza usually knock on Domino’s doorsteps. It is no wonder there are 18000+ locations of Domino’s worldwide. Plus, their food delivery service has constantly contributed to their elevated brand reputation.
Tom Monaghan James Monaghan founded Domino’z in Ypsilanti, Michigan in 1960. The Monaghan brothers purchased a small chain of pizza restaurants called DomiNick’s for only $500 dollars. Now, it has expanded into what we know as Domino’s.
28. McDonald’s
| Category | Chicken |
| Sales in 2023 | $25.49 billion |
| Total Number of Locations | 40,275 worldwide 14,146 in USA |
| What’s Popular | French fries |
| Opening & closing hours | 11 am–10 pm |
| Initial Investment | $2,503,000 |
| Franchise Fees | $45,000 |
| Net Worth Required | $500,000 |
Richard and Maurice McDonald are responsible for the founding and expansion of McDonald’s. But it was Ray Kroc who helped it expand. Richard started the chain in 1940, while Ray expanded the chain and started the franchise.
McDonald’s has been famous for their branding and fame across the world. Their food tastes amazingly similar across all the stores in every location. McDonald’s branding is so strong that it is recognized by anyone and anywhere in the world.
29. Mrs. Fields
| Category | Snacks |
| Sales in 2023 | $29 million |
| Total Number of Locations | 400 + locations in the USA |
| What’s Popular | chocolate chip-flavored cookies. |
| Opening & closing hours | 9 am –9 pm weekdays |
| Total Investment | $151,000 and $416,500 |
| Franchise Fees | $35,000 |
| Net Worth Required | $250,000 |
In Palo Alto, California, Debbie Fields started the famous bakery chain in 1977. Mrs Fields is one of the best bakery franchises in the US. Their reputation is proven across the world. Thanks to the low-cost entry, it is one of the easiest franchises to consider for new business owners in the USA.
30. Little Caesars
| Category | Pizza |
| Sales in 2023 | $4.23 billion |
| Total Number of Locations | 5,473 worldwide 4,173 in the USA |
| What’s Popular | pepperoni pizza |
| Opening & Closing hours | 10:30 am–10 pm |
| Initial Investment | $350,000 to $1,427,500 |
| Franchise Fees | $20,000 |
| Net Worth Required | $250,000. |
Mike Ilitch and Marian Ilitch built the pizza and fast-food restaurant in 1959 in Garden City, Michigan. Their “Pizza! Pizza! The slogan for affordable pizza made quite a stir back in the day. They were offering “two Pizzas for one,” making everyone love pizza.
Franchise owners would like to consider Little Caesars’ 16% EBITDA margin. It stays profitable for franchise owners due to its low initial cost and high returns. Their franchise training support is worth mentioning. The food preparation process technology is well maintained and positively affects the pricing of their food.
31. Papa John’s
| Category | $25.49 billion |
| Sales in 2023 | $5.04 billion, |
| Total Number of Locations | 5,706 worldwide 3,376 in the USA |
| What’s Popular | Pepperoni pizza |
| Opening & closing hours | 10 AM–12 AM |
| Initial Investment | $743,930 |
| Franchise Fees | $25,000 |
| Net Worth Required | $750,000 |
Papa John was started by John Schnatter in 1984. The story of how the store started was interesting. John took his business degree and went home to Jeffersonville, Indiana. He started a small restaurant inside a broom closet. Now, it is a full-fledged restaurant chain.
Papa John’s boasts that they never use frozen dough. Their quality as fast food restaurants has remained consistent. Their motto is “Better ingredients, better pizza”. It is suggestive of their commitment to providing high-quality food to customers.
32. Boston Market
| Category | Chicken |
| Sales in 2023 | $373.0 million |
| Total Number of Locations | 322 in 23 states (and territories) |
| What’s Popular | Rotisserie chicken, side dishes |
| Opening & closing hours | 7:30 am–10 pm |
| Total Investment | $1,023,500 to $2,757,500 |
| Franchise Fees | $50,000 |
| Net Worth Required | $1–2 million |
Arthur Cores and Steven Kolow started Boston Market in 1985 in Newton, Massachusetts. Their tasty Rotisserie Chicken, Meatloaf, and other dishes only remind us of homestyle cooking.
The Northeastern and Midwestern sides of the USA have huge numbers of people who enjoy food from Boston Market. Their Rotisserie chicken has been a fan favorite to many. In addition, the homestyle sides are also celebrated and loved by people. However, franchisees are also because Boston Market has been sued 140 times since 2020.
33. Panda Express
| Category | Fast Casual |
| Sales in 2023 | $3 billion |
| Total Number of Locations | 2,342 in USA |
| What’s Popular | Beijing Beef, Broccoli Beef |
| Opening & closing hours | 11:30 am –10:30 pm |
| Initial Investment | $426,700 and $2,404,000 |
| Franchise Fees | $25,000 |
| Net Worth Required | $500,000 |
The 80s was the golden era of fast food restaurants. Many entrepreneurs and fast food lovers like Andrew Cherng and Peggy Cherng started their fast food restaurants during this period. Panda Express came into existence through the hands of Andrew and and Peggy Cherng in 1983 in Glendale, California. Panda Express popularized American Chinese cuisine in the USA.
Panda Express has built a reputation with its orange chicken and Beijing beef recipe. What’s more, their use of fresh and good quality ingredients keeps them at a high level.
34. Hardee’s
| Category | Sandwiches & Burgers |
| Sales in 2023 | $1,192,000 |
| Total Number of Locations | 3,800 (44 states in the USA) |
| What’s Popular | char-grilled burgers |
| Opening & closing hours | 5 AM – 9 PM |
| Initial Investment | $1,499,000–$2,228,000 |
| Franchise Fees | $25,000–$35,000 |
| Net Worth Required | $1,000,000 |
Wilber Hardee started Hardee’s in 1960 in Greenville, North Carolina. Thick burgers and the breakfast offerings have been favorites to food lovers.
Hardee’s is the most famous fast food chain in the Midwest and the Southwest United States. Their breakfast menus have been widely popular. It has been the 49th most popular dining brand in the USA/. They are also famous for their customer service rating, ranking 3rd with a rating of ⅗.
35. In-N-Out Burger
| Category | Burger |
| Sales in 2023 | N/A |
| Total Number of Locations | 417 in the USA |
| What’s Popular | Double-Double burger |
| Opening & closing hours | 5 am – 10 pm |
| Initial Investment | $2–$3 million |
| Franchise Fees | $35,000 |
| Net Worth Required | $400,000 to $600,000 |
In-N-Out was founded by Harry Snyder and Esther Snyder at Baldwin Park, California. They have built a great fanbase of burger lovers with their Double-Double Burger and Animal Style Fries.
In-N-Out has a track record for its high-quality and fresh food options. Most importantly, they procure and manufacture their own food. Their secret food menu for different types of customers (the Animal Style burger, for example) has been well appreciated by customers.
36. Nathan’s Famous
| Category | Hot dog |
| Sales in 2023 | $137.03 million in 2023 December |
| Total Number of Locations | 478 worldwide |
| What’s Popular | hot dogs, hamburgers, and fries |
| Opening & closing hours | 10 am – 10 pm |
| Initial Investment | $501,633–$1,201,360 |
| Franchise Fees | $30,000 |
| Net Worth Required | $500,000 |
Nathan’s Famous starts with the story of a Polish immigrant named Nathan Handwerker in 1916. He started a nickel hot dog store on Coney Island. He only invested $300 at his first store and was selling his wife’s secret recipe to two of his friends. Now, Nathan’s Famous offers business owners the most flexible franchise opportunity.
Their Hot Dogs and Crinkle-Cut Fries are two of the best items. The original recipe by Nathan, which was created 100 years ago, still continues to exist. It’s no wonder people gather in front of Nathan’s Famous locations every day.
37. Carl’s Jr.
| Category | Fast Food |
| Sales in 2023 | N/A |
| Total Number of Locations | 862 (in USA) |
| What’s Popular | Western Bacon Cheeseburger |
| Opening & closing hours | 24 hours |
| Initial Investment | $1,375,000–$1,952,000 |
| Franchise Fees | $25,000–$35,000 |
| Net Worth Required | $1,000,000 |
Carl’s Jr. was founded by Carl Karcher in 1941 in Los Angeles, California. Carl’s Jr boasts a history of 80 years and is loved for its charbroiled burgers. Today, there are more than 1000 locations across the USA.
38. Long John Silver’s
| Category | Chicken |
| Sales in 2023 | N/A |
| Total Number of Locations | 568 (35 locations) |
| What’s Popular | fried shrimp, cod, and chicken |
| Opening & closing hours | 10 am – 10 pm |
| Initial Investment | $1,171,000 to $1,770,000 |
| Franchise Fees | $20,000 |
| Net Worth Required | $1,000,000 |
Jim Patterson founded Long John Silver’s in Lexington, Kentucky, in 1969. Their Fish and Chips Hushpuppies are among the best items for any food lovers to try out at Long John Silver’s.
The Fortune 500 list ranks Long John Silver’s as the 214th fast food restaurant. Long John is also famous for their chicken and shrimp. Overall, it is a good franchise for new business owners to consider.
39. Church’s Chicken
| Category | Chicken |
| Sales in 2023 | $280 million |
| Total Number of Locations | 568 (in USA) |
| What’s Popular | wild-caught Alaskan whitefish fry |
| Opening & closing hours | 10 am – 10 pm |
| Initial Investment | $1,006,000 to $1,528,000 |
| Franchise Fees | $35,000 |
| Net Worth Required | $1,000,000 |
George W. Church Sr founded Churche’s Chicken in 1952 in San Antonio, Texas, United States. The best items served by Church’s Chicken are Fried chicken, biscuits, and coleslaw
Church’s Chicken ranks 64th among THE 2023 FRANCHISE TIMES TOP 400 LIST. The brand has a 50-year-long history of successful operations in the industry. Customers keep coming back to the Church’s Chicken locations thanks to the juicy and tasty chicken they serve hot.
40. Jimmy John’s
| Category | Fast Casual |
| Sales in 2023 | $2.4 billion |
| Total Number of Locations | 2,638 worldwide |
| What’s Popular | Italian Night Club sandwich |
| Opening & closing hours | 24/7 |
| Initial Investment | $355,900 to $671,400 |
| Franchise Fees | $35,000 |
| Net Worth Required | $1,000,000 |
Jimmy John Liautaud founded Jimmy John’s in 1983 with $25,000 he got from his father. The first-ever store was built in a beat-up garage in Illinois when he was just 19. However, the first year of running the store was a profit, and he expanded the store across 2600+ locations later on.
When it comes to fast service, Jimmy John’s does not disappoint its customers. Their wraps and sandwiches are widely known. Also, the proven track record of their success makes them a good option for franchisees to consider.
41. Jersey Mike’s
| Category | Sandwich |
| Sales in 2023 | $3.2 billion |
| Total Number of Locations | 2,401 (in USA) 2,403 (worldwide) |
| What’s Popular | Club Sub Sandwich |
| Opening & Closing hours | 10 am – 9 pm |
| Initial Investment | $144,668–$786,233 |
| Franchise Fees | $18,500 |
| Net Worth Required | $300,000 |
Jersey Mike’s was started by Peter Cancro in 1956 in Point Pleasant, New Jersey, United States. Their “Original Italian” and “Jersey Shore’s Favorite” are the best submarine sandwiches fans love to try out.
As per an estimate, Jersey Mike’s has a 15% EBITDA margin. They had a constant spot on the annual Franchise 500 by Entrepreneur Magazine. The burgers at Jersey Mike’s do not disappoint with their taste and quality.
42. Shake Shack
| Category | Burger |
| Sales in 2023 | $1,087.5 million |
| Total Number of Locations | 500 worldwide 240 (in USA) |
| What’s Popular | ShackBurger |
| Opening & Closing hours | 11 am – 9 pm |
| Initial Investment | $900,000 to $1.8 million |
| Franchise Fees | $40,000 |
| Net Worth Required | $1.5 million – $2.7 million |
Danny Meyer, the founder of Shake Shack, started this chain in 2004 in New York City. The first store was just a hot dog cart. Now it has expanded to become one of the best fast food stores there is.
Most people don’t argue when it comes to the quality of Shake Shack burgers. Most importantly, they have been constantly strict about the quality sourcing of the ingredients they use for the food served. If you try the milkshakes during one visit, the next one should be for their hot dogs or sandwiches.
43. Sbarro
| Category | Pizza |
| Sales in 2023 | $130 million |
| Total Number of Locations | 700 worldwide |
| What’s Popular | Stuffed Pizza |
| Opening & closing hours | 9 AM – 6 PM |
| Initial Investment | $350,000 |
| Franchise Fees | $30,000 |
| Net Worth Required | $350,000 |
Gennaro and Carmela Sbarro started Sbarro in 1956 in Brooklyn, United States. In the beginning, it was just a Salumeria. But little by little, it evolved into a popular restaurant chain.
Sbarro is the 6th largest pizza brand in the world. Yes, the quality of their food is not as well celebrated as KFC or the Five Guys. But they have a good track record as a business. Stromboli, New York-style pizza slices, and pasta dishes are among the best dishes to try out here.
44. Carvel
| Category | Ice Cream |
| Revenue in 2023 | $4.4 billion |
| Total Number of Locations | 326 (in 20 US states) 358 worldwide |
| What’s Popular | soft serve ice cream |
| Opening & Closing hours | 10 am–9 pm |
| Initial Investment | $308,550 to $499,900 |
| Franchise Fees | $30,000 |
| Net Worth Required | $350,000 |
Tom Carvel founded Carvel in 1934. Hartsdale, New York, United States. They named themselves by popularizing soft-serve ice creams such as “Fudgie the Whale.”
Entrepreneur Magazine ranks Carvel as one of the top franchises. No, it is not as big as Baskin Robbins. But, Carvel has generated a substantial amount in revenue, making its success known to business owners of tomorrow.
45. Einstein Bros. Bagels
| Category | Bagel |
| Sales in 2023 | $521 million |
| Total Number of Locations | 691 (in USA) |
| What’s Popular | plain bagel |
| Opening & closing hours | 8 am–5 pm |
| Initial Investment | $156,650 and $252,325 |
| Franchise Fees | $35,000 |
| Net Worth Required | $1,000,000 |
In 1995, Boston Market founded Einstein Bros. Bagels in Golden, Colorado. The freshly baked bagels and other menus ready and hot to be served at Einstein Bros. Bagels make it a foodies’ hotspot.
Einstein Bros. Bagels is a successful Bagels franchise. Thanks to their leadership, food, and use of technology, they have found the right direction to success, attracting new franchisees in the process.
46. Checkers & Rally’s
| Category | Chicken |
| Sales in 2023 | $332 million |
| Total Number of Locations | 816 in the USA |
| What’s Popular | Hamburger, french fries |
| Opening & closing hours | 9 AM – 6 PM |
| Initial Investment | $751,117 to $2,125,751 |
| Franchise Fees | $20,000 |
| Net Worth Required | $750,000 |
In 1986, Jim Mattei founded Checkers in Mobile, Alabama. He went public with the store in 1991. Rally, on the other hand, was started in Louisville, Kentucky, by Jim Patterson. A 1999 stock swap caused Rally’s to be clubbed with Checker’s while keeping its branding.
It is important to have a good senior manager looking after the franchisees and helping them. Checkers & Rally tops most franchises in the USA in that respect. The leadership here is evidence of a good culture fostering the mentality of providing support and direction leading to success.
47. ZAXBY’S
| Category | Chicken |
| Sales in 2023 | $2.4 billion |
| Total Number of Locations | 900 locations in 18 states |
| What’s Popular | Chicken Finger Plate |
| Opening & closing hours | 10:30 am – 9 pm |
| Initial Investment | $284,000 to $664,300 |
| Franchise Fees | $35,000 |
| Net Worth Required | $35,000 |
Zach McLeroy and Tony Townley started ZAXBY’S in 1990 in Statesboro, Georgia. Their best items include Chicken Finger Plate and Zalad.
ZAXBY’s brand presence is strong. Customers generally gather at their storefronts to taste the amazing chicken wings dipped into a variety of sauces. Chicken lovers always crave chicken wings, chicken sandwiches, and salads, and ZAXBY’S fast food chain does not miss one target when it comes to targeting the right audience. Franchisees can expect to have their hands full at all times.
48. Baskin-Robbins
| Category | Ice Creams |
| Revenue in 2023 | $160 million |
| Total Number of Locations | 8,000 worldwide |
| What’s Popular | Vanilla and chocolate-flavored ice creams |
| Opening & closing hours | 10 am – 10 pm (average) |
| Initial Investment | 293,840 and $625,185 |
| Franchise Fees | $25,000 |
| Net Worth Required | $200,000 |
Burt Baskin and Irv Robbins founded Baskin Robins. The first store was founded in Glendale, California. They made their Pralines ‘n Cream and Mint Chocolate Chip Ice Cream popular.
Baskin Robbins has a strong brand presence and the potential to earn a huge annual profit. Franchisee owners can expect to earn $500,000 annually. Plus, who does not know and love ice creams from Baskin Robbins?
49. Tim Hortons
| Category | Cafe & Bakery |
| Sales in 2023 | $1.82 billion |
| Total Number of Locations | 24/7 |
| What’s Popular | Double coffee |
| Opening & closing hours | 24/7 |
| Initial Investment | $2,137,500 and $25,000 |
| Franchise Fees | $50,000 |
| Net Worth Required | $1,500,000 |
Tim Horton and Jim Charade are the founders of Tim Horton. They started founded the first location in 1964 in Hamilton, Ontario, Canada. Most importantly, Tim Horton became the largest quick-service restaurant in Canada.
Tim Hortons brings stable growth prospects, with customer demands rising continuously. Of course, franchisees must put in the time, effort, and dedication to achieve the expected result. Tim Horton’s is known for their coffee, sandwiches, and donuts. However, according to multiple reviews on platforms like Tripadvisor, their customer service can be improved.
50. Papa Murphy’s
| Category | |
| Sales in 2023 | $47.8 million |
| Total Number of Locations | 1,114 locations |
| What’s Popular | Cowboy Pizza |
| Opening & closing hours | 11 am – 9 pm |
| Initial Investment | $296,075 to $534,731 |
| Franchise Fees | $25,000 |
| Net Worth Required | $350,000 |
Papa Murphy came into existence when the two local companies merged together. Those two brands were Papa Aldo’s and Murphy’s. Terry Collins founded Papa Murphy’s in 1981 in Vancouver, Washington. Currently, they have more than 1100 outlets in both USA and UAE.
From 2003 to 2009, Papa Murphy’s has been the best pizza chain in America. Customers love the variety of pizza options with different crusts, toppings, and sizes.
Final Words
All the fast food restaurants mentioned in this article prioritize and value what most fast food lovers look for in a fast food chain. They operate with loyalty, value, personalization, and convenience for customers in mind. As a fast food restaurant owner, upholding the values the franchisors want to establish is important.
Most business enthusiasts on their journey to starting a new franchise find it difficult to understand their customers. Before beginning any franchise, conducting market research and audience analysis is important. This article should add value to your research if you are trying to understand which fast food restaurant to start.
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