The top five franchise opportunities in 2014 were Anytime Fitness, Hampton Hotels, Subway, Supercuts and Jimmy John's Gourmet Sandwiches, according to Entrepreneur's 35th Annual Franchise 500 rankings. The high ratings for these companies were attributed to their strong corporate branding, commercial success and the growth of their respective target markets.
Franchising provides a convenient and easy route in owning a business without the struggle and financial difficulties associated with building a company from scratch. Initial investments for a particular franchise can range from $150,000 to $500,000. Some franchises may cost below $150,000, while others may require a starting capital of more than $500,000.
Other franchises included in the 2014 rankings at Entrepreneur were 7-eleven, Servpro, Denny's, Pizza Hut and Dunkin' Donuts. Some of the worst franchises to buy include Quiznos, American Express Travel Company, Fitness Together, Sbarro and Big Boy, according to Forbes.