Starting your own business can be a daunting task, but have you considered franchising? Franchises offer the benefit of proven success and established brand recognition, making them a popular choice for entrepreneurs. In fact, according to the International Franchise Association, there are over 733,000 franchise establishments across the United States, employing nearly 8.4 million people.
If you’re considering a franchise, it’s important to do your research and find the right fit for your interests and goals. To help you get started, we’ve compiled a list of some of the most successful franchises in various industries.
America’s Most Successful Business Franchises by Industry
First up, let’s take a look at some of the most successful business franchises by industry. These franchises have demonstrated success and profitability, making them a great option for those interested in these industries.
Fast Food: McDonald’s, Subway, Taco Bell
Coffee: Dunkin’, Starbucks, The Coffee Bean & Tea Leaf
Pizza: Domino’s, Pizza Hut, Papa John’s
Convenience Store: 7-Eleven, Shell, Circle K
Ice Cream: Baskin-Robbins, Dairy Queen, Cold Stone Creamery
The Most Successful Video Game Franchises of All Time
Video game franchises have become increasingly popular, with some franchises generating billions of dollars in revenue. Here are some of the most successful video game franchises of all time, based on sales figures.
Mario: With over 688 million copies sold, the Mario franchise is the best-selling video game franchise of all time.
Call of Duty: A popular first-person shooter franchise, Call of Duty has sold over 300 million copies.
Pokemon: The beloved Pokemon franchise has sold over 368 million copies.
Tetris: This classic puzzle game has sold over 170 million copies.
Grand Theft Auto: Known for its open-world gameplay and controversial themes, Grand Theft Auto has sold over 110 million copies.
The World’s 25 Most Successful Media Franchises, and How They Stay Relevant
Media franchises have become increasingly important in our society, spanning across various platforms including film, television, and literature. These franchises have established a dedicated fanbase and have proven to be financially successful. Here are the top 25 most successful media franchises, based on cumulative revenue, and how they’ve managed to stay relevant.
Star Wars: Perhaps the most well-known media franchise, Star Wars has made over $65 billion since its inception in 1977. The franchise has remained relevant through the release of new films and merchandise, as well as the expansion into books and television shows.
Marvel Cinematic Universe: With a cumulative revenue of over $22 billion, the Marvel Cinematic Universe (MCU) has become a cultural phenomenon. The franchise has managed to stay relevant through consistent releases of new films, as well as the success of their television shows and comic books.
Harry Potter: The beloved book series turned film franchise, Harry Potter has brought in over $25 billion. The franchise has remained relevant with the release of new merchandise, theme parks, and spin-off films.
Pokemon: As mentioned earlier, the Pokemon franchise has been highly successful in the video game industry. However, the franchise has expanded to include successful trading card games, television shows, and merchandise, bringing in over $100 billion in revenue.
The Simpsons: The longest-running American sitcom, The Simpsons has been on the air since 1989. The franchise has extended beyond television to include video games, merchandise, and even a theme park ride, bringing in over $13 billion.
The Most Successful Movie Franchises In History
Movies have become a staple form of entertainment, with some franchises generating billions of dollars in revenue. Here are some of the most successful movie franchises in history, based on box office revenue.
Marvel Cinematic Universe: As previously mentioned, the MCU has been wildly successful, grossing over $22 billion at the box office.
Star Wars: The Star Wars franchise has grossed over $10.3 billion at the box office, with the recent films bringing in over $4 billion alone.
Harry Potter: The Harry Potter film series has brought in over $9.2 billion at the box office.
James Bond: The long-standing James Bond franchise has grossed over $7 billion at the box office.
Toy Story: The Toy Story franchise has brought in over $2.5 billion at the box office, with each new release consistently performing well.
Tips for Choosing a Successful Franchise
Now that we’ve explored some of the most successful franchises in various industries, it’s important to consider what makes a franchise successful. Here are some tips to keep in mind when choosing a franchise:
- Research the industry and competition to ensure there is demand for the product or service.
- Consider the franchise’s brand recognition and reputation.
- Review the franchise’s financial documents to ensure profitability.
- Talk to current and former franchisees to get an idea of their experience.
- Consider the ongoing support and training provided by the franchisor.
Choosing to franchise can be a smart business decision, providing the benefit of established brand recognition and proven success. By researching successful franchises in various industries, understanding what makes a franchise successful, and considering your interests and goals, you can make an informed decision on the right franchise for you.
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