What Are Some Good Franchise Opportunities?


Quick Answer

Brightway Insurance, Jimmy John's and Sola Salon Studios are good franchise opportunities, as of 2015, notes Forbes. Brightway Insurance sells auto, home, personal and business coverage, with a franchise entry cost of less than $150,000. Jimmy John's is a sandwich shop with an entry cost between $150,000 and $500,000, and Sola Salon Studios offer stylists their own space in salons, with an entry cost of over $500,000.

Continue Reading
What Are Some Good Franchise Opportunities?
Credit: James Brey E+ Getty Images

Full Answer

Forbes named Brightway Insurance one of the best franchise opportunities of 2015, and Insurance Journal named it a top 20 agency partnership, as noted on the Brightway Insurance website. The company offers a tool on its website to help potential franchisees identify territory openings.

Fifteen Jimmy John's sandwich stores have been in operation since before Jan. 1, 2010, and the average annual gross sales of these restaurants is over $1.3 million, with an average net profit from operations of over $270,000, notes the company. Jimmy John's offers a link to its franchise application on its website, and provides telephone and email contact information.

Sola Salon Studios provides space for stylists to run their own businesses, without the startup costs associated with opening their own salons, states the company. Sola Salons offers links on its website for those who are interested in purchasing a franchise, or who wish to contact the company for more information.

Learn more about Investing
Related Videos

Related Questions