While there are some extremely affordable franchise options–you can even open a franchise for less than $10k!–other businesses require quite the financial investment. The most expensive franchises can cost upwards of $50 million and are often purchased by private equity firms and other larger entities.
Several specific industries contain the most expensive franchises such as McDonald’s and Doubletree. Hotel franchises occupy the highest price range, with franchises like Doubletree costing between $22 million and $69 million. Typically, such a large investment can be credited to the high price of real estate and property development.
Convenience stores like 7-11, typically attached to gas stations represent another group of the most expensive franchises.
Founded in 2004, Sky Zone is the world’s first trampoline franchise. Family and friends can enjoy high-flying fun like never before. Entrepreneurs with a high net worth will find this franchise especially attractive due to a healthy average gross revenue. The cost to rent each warehouse, equipment, and insurance means that Sky Zone is on our list of the most expensive franchises.
Investment: $1,000,000 – $2,000,000
Retro Fitness is one of the most well-known fitness franchises in the nation. Each gym requires a large amount of excercise equipment, a large warehouse style building, plenty of staff, and insurance. If entrepreneurs can afford this great investment, they can usually expect to earn between 1 to 2 million dollars of one of the most expensive franchises.
Investment: $944,000 – $1,592,250
Established in 1973, Smoothie King is one of the oldest and most successful franchises in the nation. Smoothie King offers… you guessed it, smoothies! With countless toppings, fruit combinations, and cold beverages, Smoothie King has been enjoyed by millions. Smoothie King is a great franchise for entrepreneurs who are passionate about healthy-eating, but who also have a sizable net worth.
Investment: $263,550 – $531,535
DoubleTree is the fastest growing chain within the Hilton company, a majority of which are operated independently by franchisees. DoubleTree offers affordable accommodation to both business and leisure travelers. The franchise is well known for its warm, fresh baked cookies, offered at check-in.
Investment: $22,022,700 – $69,341,150
Choice Hotels International
With more than 5,000 locations in the US and 40 other countries, Choice Hotels is among the largest hotel franchisors in the industry. With brands like Comfort Inn and Quality Inn under its umbrella, Choice Hotels offers a variety of different businesses that cater to all types of travelers and budgets.
Investment: $1,300,000 – $15,500,000
Widely recognized for its family-friendly atmosphere and variety of menu and buffet choices, Golden Corral is among the most popular restaurant franchises. With nearly 500 restaurants across the country, Golden Corral has a loyal customer base.
Investment: $2,168,400 – $6,602,000
Buffalo Wild Wings
Offering a casual, fun dining experience, Buffalo Wild Wings has become a staple for sports viewing and great service. Known for its wings and varieties of flavors, sauces, and dressings, Buffalo Wild Wings has options to suit any customer’s mood. Equipped with HDTV screens on each wall, Buffalo Wild Wings offers the optimal sports viewing experience.
Investment: $1,443,700 – $3,589,700
McDonald’s golden arches represent one of the most widely-recognized franchises across the world. Since its first restaurant, McDonald’s, another one of the world’s most expensive franchises, has paved the path for development in the fast-food industry, inspiring hundreds of similar restaurants along the way. Today, McDonald’s serves millions of customers each day in more than 100 countries across the world.
Investment: $989,352 – $2,217,045
Known as the ultimate, convenient store, 7-Eleven offers various necessities from food to over the counter medication. Typically attached to gas stations across the country, 7-Eleven is one of the most popular convenience store franchises today.
Investment: $47,050 – $1,165,400