Top 10 Fastest Growing Franchises As Per 2022 Reports

by Business 31 January 2023

fastest growing franchises

Most market analysts are of the opinion that 2022 was actually a great year for growing franchises. After the disastrous effect of the pandemic on many franchises, 2022 was the year that saw some outstanding performances from some of the fastest growing franchises. In this article, we will give you details of the fastest growing franchises in 2022, along with a short description of them.

The sectors where the fastest growing franchises in 2022 had their operations include finance, health, food, repair, and cleaning. In comparison to the fastest growing franchises in 2021, the top ten positions did not see a lot of changes, apart from slight rotations in the positions.

What Do The Top 10 Fastest Growing Franchises Have In Common?

What Do The Top 10 Fastest Growing Franchises Have In Common?

The fastest growing franchises have a few things in common, which make them leaders in their own sectors. These factors are essential to learning if you are running a growing franchise and you want to create a strong presence in your industry. The following are some of the essential traits that are common in the fastest growing franchises of 2022:

  • They are always capable of supplying the needs and demands of the market.
  • They know how to create a demand for their services in the market by creating engaging and attractive advertisements.
  • They try to make things convenient for the target market whom they are serving.
  • They have the ability to make changes in their business processes with the technological changes in the market.
  • They know how to cater to the behavioral changes of the target market and their needs.
  • They are exceptional in the quality of service they offer.
  • Franchisees are able to increase their profit with time, which makes these franchises successful and popular.
  • They also find out great ways to support their franchisees in many ways to ensure smooth business.

The Top 10 Fastest Growing Franchises Of 2022

The following are the fastest growing franchises of 2022 that are great to work with and have immense experience in the market:

1. Seven-Eleven (7-Eleven)

If you are interested in starting a franchise with 7-eleven, here are a few things that you need to expect:

Established1927
Franchising Date1964
Franchise Units (2022)81887
Franchise Fee$0 – $1,000,000
Initial Investment$125,000 – $1.3 Million
Royalty FeesVariable
Cash Required$50,000 – $250,000
Agreement Term15 years
Term RenewabilityYes

2. Century 21 Real Estate

The following are the essential data you will need to know in detail if you are looking to start a franchise with Century 21 Real Estate:

Established1971
Franchising Date1972
Franchise Units (2022)13987
Franchise Fee$0 – $25,000
Initial Investment$24,700 – $459,250
Royalty Fees6%
Cash Required$75,000
Agreement Term10 years
Term RenewabilityNo

3. KFC (Kentucky Fried Chicken)

If you are interested in starting a franchise with KFC, one of the fastest growing chicken franchises, here are a few things that you need to expect:

Established1930
Franchising Date1952
Franchise Units (2022)26498
Franchise Fee$45,000
Initial Investment$1,440,600 – $3,163,550
Royalty Fees4-5%
Cash Required$750,000
Agreement Term20 years
Term RenewabilityYes

4. Stratus Building Solutions

The following are the essential data you will need to know in detail if you are looking to start a franchise with Stratus Building Solutions:

Established2004
Franchising Date2006
Franchise Units (2022)2,900
Franchise Fee$3,600 – $69,000
Initial Investment$4,450 – $79,750
Royalty Fees5%
Cash Required$2,000 – $20,000
Agreement Term12 years
Term RenewabilityYes

5. McDonald’s Corporation

If you are interested in starting a franchise with McDonald’s, here are a few things that you need to expect:

Established1955
Franchising Date1955
Franchise Units (2022)39,696
Franchise Fee$45,000
Initial Investment$1,366,000 – $2,450,000
Royalty Fees4%
Cash Required$100,000
Agreement Term20 years
Term RenewabilityYes

6. RE/MAX (Real Estate Maximums)

The following are the significant data points you will need to know in detail if you are looking to start a franchise with RE/MAX:

Established1973
Franchising Date1975
Franchise Units (2022)9120
Franchise Fee$17,500 – $35,000
Initial Investment$43,000 – $236,500
Royalty FeesVariable
Cash RequiredNA
Agreement Term5 years
Term RenewabilityYes

7. Jan-Pro Cleaning And Disinfecting

Jan-Pro Cleaning And Disinfecting

The following are the critical data you will need to know in detail if you are looking to start a franchise with Jan-Pro Cleaning And Disinfecting:

Established1991
Franchising Date1991
Franchise Units (2022)10418
Franchise Fee$2,520 – $44,000
Initial Investment$4,830 – $58,070
Royalty Fees10%
Cash RequiredNA
Agreement Term10 years
Term RenewabilityYes

8. Sign Gypsies

If you are interested in starting a franchise with Sign Gypsies, here are a few things that you need to expect:

Established2014
Franchising Date2020
Franchise Units (2022)770
Franchise Fee$1,000
Initial Investment$4,150 – $9,900
Royalty FeesNA
Cash RequiredNA
Agreement Term1 year
Term RenewabilityYes

9. Goosehead Insurance

The following are the essential data you will need to know in detail if you are looking to start a franchise with Goosehead Insurance:

Established2003
Franchising Date2011
Franchise Units (2022)1344
Franchise Fee$25,000 – $60,000
Initial Investment$40,000 – $118,500
Royalty Fees20-50%
Cash RequiredNA
Agreement Term10 years
Term RenewabilityYes

10. F45 Training

If you are interested in starting a franchise with F45 Training, here are a few things that you need to expect:

Established2011
Franchising Date2013
Franchise Units (2022)1749
Franchise Fee$50,000
Initial Investment$350,200 – $565,100
Royalty Fees7%+
Cash Required$300,000
Agreement Term5-15 years
Term RenewabilityYes

Summing Up

These aforementioned details are crucial for you to go through if you are trying to get a franchise for these companies. If you are willing to buy any of these franchises to start a new business operation, then all of them are great options. None of these franchises seems to slow down when it comes to growth. However, before you invest in getting a franchise, you should have a complete idea of the demand in the area where you are opening the operations of the franchise and what are the pathways to growing your business by taking a franchise in the area.

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A passionate writer and an avid reader, Soumava is academically inclined and loves writing on topics requiring deep research. Having 3+ years of experience, Soumava also loves writing blogs in other domains, including digital marketing, business, technology, travel, and sports.

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