When looking for industries that offer the best opportunity for future growth, the same businesses appear, whether it's from the Bureau of Labor Statistics, Department of Commerce, franchise industry experts or independent business websites. Invariably, home healthcare and personal fitness businesses are at or near the top of these lists.
Since there are a number of franchise companies that operate within these business sectors we wanted to identify those that met certain standards. If you have an interest in any of the franchises be sure to thoroughly investigate each franchise and perform your necessary due diligence. We are not recommending any particular franchise but rather are indicating those that have certain positive characteristics.
In selecting the Ten Franchises poised for growth we used the following requirements:
The franchise has shown increases in new franchise growth for 3 consecutive years
Each franchisor offers some form of financing
Investment requirements for each franchise appeals to small and large investors
The franchise fits into the home healthcare or personal fitness niche
The franchise has been in business at least 7 years
The Ten Franchises that met these requirements are:
Home Healthcare
Home Instead
Right at Home
Senior Helpers
Com Forcare
Home Care Assistance
Personal Fitness
Golds Gym
Fitness Together
Snap Fitness
Anytime Fitness
Planet Fitness
We hope you'll find this list useful. You can use these guidelines to compare franchises in other industries. All of this information is available from the Franchise Disclosure Document for a specific franchisor. Finally, remember that the best source for evaluating a franchise program is to speak with existing franchisees.