Posted on: January 21, 2023 Posted by: BobbseyvT Comments: 0



In this episode, we dive into the top 5 “Trending Franchise Segments of 2023”!

Highlights of these trending segments include:

Home Services Investments
Home-based businesses for less than $200k total investment
A Restoration concept that has 28.5% NET margins!
A Painting concept with proprietary technology that has AVG Gross Margins of 59%!
Real-Estate Investments
Full-service vacation rental property management company
Recurring revenue, minimal staff, semi-passive ownership, and total investment under $160k
Non-medical assisted living homes
Invest in residential property and turn a home into a boutique-style assisted living home
Each resident pays between $6,500 to $10,000 per month for their room
Total investment starts at $118K!
Health & Wellness Investments
No medical experience is needed for most concepts in this segment!
Mental Health Clinics
Strong recurring revenue stream, insurance-based, flexible hours, telehealth
Strong semi-passive business model, manage the Clinical Director.
Total investment between $200-$400k.
Anti-Aging, Wellness, MedSpa’s
Multiple revenue streams include hormone replacement therapy, IV Vitamin Infusions, Nutrition Guidance, Weight Loss, Botox, Hydrafacials, BodySculpting, Medical Grade Skin Care
Investment Range starts at $325k
Pet Industry Investments
Globally, the pet industry will catapult to a $350B industry by 2027!
Home-based business models
Include pet care, dog training, pet grooming
Investment start as low as $80k!
Doggie Day Cares & Boarding Facilities
Outstanding Revenues for one concept include:
Avg. Gross Sales = $1.1M, Net Operating Profit = $342K
Total Investment Range:  $358k ++++
Food & Beverage Investments
QSR Concepts offers more health-focused options as Consumers are increasingly seeking out nutritious “grab-and-go” dining options
A QSR brand that focuses on gourmet toasts, juices, etc. has AVG Gross Sales of $847,710, with an AVG NET Profit of $173k!
Mobile Food Concepts
A mobile food concept that focuses on special events, has minimal staff, and little overheads have NET Profit Margins of 83.8% for owner-operators, and the total investment is under $253k!
Breweries
Hot, hot, hot!  Craft brews continue to gain more and more momentum!  This is a hot industry to invest in and leverage a national supply chain for the brews.
This is a great episode to listen to and gain exposure to the breadth of opportunities available in the franchising industry!

If you are interested in learning more about any of these concepts or franchising in general, you can reach out to us at stacie@fusionfranchising.com or 319.440.0857.

Follow on Instagram more content: https://www.instagram.com/fusionfranchising/

Listen to The Franchise Life: https://podcasts.apple.com/us/podcast/the-franchise-life/id1663956096

Your can also view all episodes on YouTube at The Franchise Life Podcast: https://www.youtube.com/channel/UCexwswv4XrkZnqNnfcPxi2w

Source