Top 5 Unique Franchise Ideas to Invest in 2022

Owning a business is a great job and responsibility, and the lack of experience in such a sphere of business can also be risky. On the other hand, being a franchisee means that with specific fees and annual licenses, anyone can use the well-known brand, distribution system, consumers, and everything else that comes with it.  

Franchises are very popular with startuppers. That is because, unlike start-up businesses, a franchise already has a trademark. It is a proven product that is consisted of business knowledge, researched market, and a long list of regular customers.

If investing money in a renowned company in exchange for complete support, training, strategy, and advisory is appealing to you, then here are some of the top unique franchise ideas you don’t want to miss in 2022:

Why Are Franchises So Popular?

The difficulty of creating a proven business model is rarely discussed. A franchise reduces the chances of failure by having a tested project, which is a long process. The only way to do it is by trial and error, which can be very expensive.

 As with any business, choosing the right franchise can be vital for success. Not only are the risks low with franchises, but you are also expected to recoup your investment quickly, which can be very unpredictable for a new company.

How to Choose the Best Franchise?

If we look at the past, we will find many famous brands with more than 10.000 franchises worldwide, most of which are still popular today. These brands cater to various economic sectors, ranging from food, delivery, cleaning, and health and fitness.

It is essential to consider the market in which the franchise will be located, the target group of consumers, and numerous other factors vital for business growth. Franchising does not necessarily guarantee a successful business, as opening a

Most Unique Franchises in 2022:

• The UPS store

A well-known name in the world of shipping and printing, UPS is one of the most represented franchises. The growth so far suggests that in 2023 this number will grow by 5%. Along with its financial stability and recognition, UPS also has excellent franchise conditions. As a result, they assist franchisees in finding a location, building and equipping the facility, providing training, and much more.

 The franchise fee is $30k, the initial capital is around $200,000, and the royalty is 5%, which might seem expensive, but considering the digital world is progressing  daily, and people are increasingly relying on online ordering and delivery, there is no doubt that this franchise will only flourish.

• 7-Eleven

With a market value of over 650$ billion yearly, 7-Eleven is another significant franchise inconvenience. The company offers to finance up to 65% on the franchise fee for qualifying applicants. There are virtual seminars for those interested in purchasing a franchise, and the company has more than 70000 franchises.

  A significant feature of 7-Eleven is that it provides a variety of convenience products in one location, satisfying the needs of many and continuously finding new places for its franchise. 7-Eleven offers a variety of franchise options, which is why the fees vary. A franchise fee starts at 10000 dollars, a total investment starts at 100000 dollars, and royalties begin at 1%.

• Cruise Planners

Cruise planners is one of the franchises at a lower price point. Being in the cruise planning business, this company noted high growth despite the pandemic, and it is also a home-based company. This type of business can be quite beneficial since the competition is smaller, and the franchise can provide complete attention to a potential new client. 

The franchise fee is 7000$, the total investment starts from 22000$, and the royalty fee doesn’t go higher than 3%. Besides this, the business offers complete training for a touristic guide and financial support through third-party lenders.

• Jan-pro

Jan-Pro is the most praised cleaning and disinfecting company with low license fees. They offer a wide range of services, including duct cleaning, office cleaning, home disinfection, etc. They have over 10 000 franchises. Fees vary depending on the franchise’s experience, resources, and type. The franchise is inexpensive, and the total investment starts at 11000$, but the royalties are higher than the rest, reaching 10%.

• Visiting Angels

Visiting Angels is a leading Senior Home Care franchise that provides non-medical services to Seniors. In the past 20 years, Visiting Angels built more than 600 non-medical home care agencies, improving the lives of millions of customers. With one of the highest franchise fees, from 50000$, a total investment 130000$, and a royalty fee of 3.5%, this franchise might seem one of the most expensive to start with. Still, the need for senior care and the service they require is constantly on the rise, with the promise of the highest profit of around 18%.

Conclusion

Each franchise is unique, and to know what are the best franchises to own, one must consider several factors, and there are no guarantees about which franchise is best. It is clear that not only are the most popular franchises what you might look for, but even a more minor franchise may be the best choice sometimes. It is recommended that the franchisees carefully examine all factors that may affect the success and quality of the business before making a decision.