Tweet

10 Master Franchise Opportunities For The Motivated Businessman

Written by: Candice Clem

Article Overview: Ask any franchise owner and they'll likely tell you how starting a franchise business was much easier and more profitable than starting a small business from scratch. The established brand name, pre-made business plans and extensive advertising and marketing campaigns provided by the franchisor makes starting a franchise business as smooth as possible, especially for first time business owners. If you're sold on the idea of franchise, you may be a great candidate for a master franchise when you will be the liaison between would-be franchisees and big time franchisors. Here's a look at 10 of the best master franchise opportunities currently available.

10 Master Franchise Opportunities For The Motivated Businessman

By nature, most businessmen are highly motivated people, ready to take on anything standing between them and whatever variety of success they’re in pursuit of. Not all businessmen, though, are ready and willing to take on the broader challenge of purchasing a master franchise license and tackling the much larger-scale difficulties of operating a business that sells and oversees other businesses. Master franchisees aren’t any kind of superior businessmen, but they are wired a little differently, naturally able to govern the operations of others instead of doing the ground-level operations themselves. If you’re one of these special few and are interested in master franchises, below are 10 of the best business opportunities for you.

1) Gold’s Gym
If being a master franchisee for the worlds #1 name in health and fitness is of interest to you, there is literally no better business to go with. Offering at least 7 different ways of helping clients change their bodies and change their lives, running a franchise is not an entirely easy job, so there is a lot to teach franchisees. But Gold’s Gym does just that with a 5-day, 28-class initial training course coupled with ongoing training in all areas of both fitness and business for all franchisees.

2) Play N Trade
Though it may be hard to believe, the videogame industry made a whopping $9.5bil in 2007, making this a serious business for serious businessmen. Within the market, Play N Trade has been recognized as one of the top 10 new franchises of 2008 by Entrepreneur Magazine. Customers love the retail business for the vast assortment of gaming goods they provide and franchisees love it for the extraordinary support they get from their franchisors.

3) Chem-Dry Carpet Cleaning
Among their carpet-cleaning competitors, this franchise opportunity stands out for a number of reasons, not the least of which being their 30 solid years of franchising experience which has resulted in over 2500 different franchises. This business is a division of the Home Depot, a name franchisees can trust, and despite the low price tag of $25,000, Chem-Dry Carpet Cleaning has the potential to earn serious profits right from the start. All things considered, this isn’t a hard sell for a master franchisee to make to a prospective sub-franchisee.

4) Firkin Pubs
The perfect opportunity for the cheeky and slightly irreverent businessman, Firkin Pubs, as the largest chain of English Pubs in North America, is known for being rather cheeky themselves, and they’ll be the first to admit it. Master franchisees learn how to help their budding franchises get everything from real estate issues to staff recruitment in order so that everything runs as effectively at new locations as it already does for the 45 pubs that already exist.

5) Bear Creek Coffee
This is a franchise business whose flexible business plan makes it easy to sell. As a master franchisee looking for prospective franchise owners, having a coffee roaster business that is prepared to fit into a drive-through, a sit-down café, a cart, or a kiosk vastly widens the number of people capable of operating a franchise. And with a profit-driven model that doesn’t stop at coffee but includes pastries, sandwiches, smoothies, and retail products, the sky is the limit for their profits.

6) Hand and Stone Massage Spa
Every year, America spends $10bil on massage therapy, and when you consider that massage spas have less overhead than most businesses because there’s no stock to keep, there are a plethora of reasons for interested people to get into this franchise business. Even for those franchisees who don’t know the ropes of this specific industry, a total 5 weeks of training is in place to get them fully equipped for ownership. And once those franchises are up and running, that means royalty fees for master franchisees.

7) NAPA Auto Parts
In their own words, NAPA Auto Parts matches people who have "Main Street" ethics with others who have "Wall Street" know-how. As a master franchisee, you fill the "Wall Street" side of that formula, and if you’re anything like the NAPA Auto Parts developers who have already set up the 6,000 stores in operation today, completing that business formula can definitely pay off.

8) Johnnie’s Dog House
Unlike restaurants that take a one-size-fits-all approach to the business of food service, Johnnie’s Dog House is a business that is equipped to address the food needs of virtually all settings. Designs exist that put the business on carts outside big-box hardware stores, in fast-casual locations in shopping centers and on college campuses, and even in small kiosks at airports and malls. Wherever a franchisee proposes to put a Johnnie’s Dog House, you, as the master franchisee, have the tools to make it happen.

9) CleanNet USA
85% of building owners contract cleaning companies to keep their offices tidy, making the opportunity for entrance and expansion in this industry enormous. And with that opportunity in mind, CleanNet USA provides everything a master franchisee needs to succeed: a good sales system, automated service scheduling, and software to manage franchisees and customers well.

10) Yakety Yak Wireless
This franchise prides itself on being "customer-centric," providing clients with all the cell phone options available and consulting them in their purchase, not just making a sale. Master franchisees do much the same: matching well suited franchisees with the franchise opportunity instead of simply trying to make a business sale. This is only helped by an extraordinary marketing system that puts the Yakety Yak Wireless name in the public eye, so you don’t have to.

Not all franchise businesses offer the opportunity to be a master franchisee, so the selection set is not endless, but there is still a healthy handful to choose from. If none of the opportunities above is quite what you’re looking for, keep looking, because the one you’re waiting for may be just around the corner.

Related Articles
  Master Franchises Explained
  Master Franchisee vs. Franchisee?
  Most Popular Master Franchise Opportunities
  Aire Master is Sweeping the Franchise Industry
  Franchise Opportunities many don't know about.

Article Tags: chem dry carpet, chem dry carpet cleaning, dry carpet cleaning, easy job, entrepreneur magazine, franchise license, franchise opportunity, franchisors, gaming goods, health and fitness, initial training, level operations, master franchise, master franchisee, master franchisees, master franchises, ongoing training, retail business, serious business, videogame industry



Related Forum Posts
Re: Enticing Franchises - Top 9 List - All Franchise listed above are in millions of dollars. Do you have the list of Franchise in thousands
Re: Info for would be franchisers... - [quote="Sebastien":1d29sdv1]Like Franchise Times, Franchise Update is a very practical magazine. There is no blah blah, just straight facts that anyone in the franchise community can relate to. I just want to mention that all these magazines are NOT franchisee oriented. I mean these magazines are for franchise professionals. If you're looking to buy a franchise, you won't find much information in there. To answer your question, getting published in Franchise Times was fairly easy. I don't want to brag too much but I think I am known in the franchise industry. I was the marketing guy at Franchise.com for a few years before joining my new company, the World Franchising Network. So people know me and I have a very good relationship with Nancy Weingartner, the Managing Editor at Franchise Times. I was talking with her at the last Franchise Expo South in Miami and she mentioned she'd like me to be profiled. I was like "ok, sure!". I like this franchise executive profile thing in Franchise Times as it is rarely BS. People are usually really natural in there.[/quote:1d29sdv1] Thanks for the follow up Sebastien! And I can't say that I'm surprised that networking with the right people and managing your relationships with them properly are the keys to being published. I guess the old adage holds true of "it's not who you know, but who knows you" that's important.
how much for a franchise fee? - Dear Colleague There is no easy answer to this question. Things to consider: [list=] The sizeof the Franchise Clent base Expected Turnover Intellectual Property costs (recoup) Number of Franchises Number of employees Original Set up costs Franchise admin costs An example: A franchise that I was involved in setting was to a simple "lawn mowing/home repair" franchise. The Franchise included national/local advertising - preparation of client lists - general admin - central accounting etc The Franchise involved 300-500 clients - and an annual turnover of about $300,000 . The annual franchise fee was $30,000. Hope that this gives you some idea Take care Ian[/list]
MLM Master Distributor Needed - Hi, We are launching a brand new MLM company this month and we need to bring on a Master Distributor to launch the company. If you have built a large downline, we want to talk with you asap. This position will be at the forefront of the company, and we are considering giving this position overrides on all company sales. Note, this is a one-time offer to interview with us as our initial Master Distributor positions will no longer be available. If you believe you are capable of helping please contact me here: skipsanzeri@yahoo.com Please send along any detail about downlines you’ve built including size etc. Thanks Skip
Re: Franchise Surveys - Another good tool to researching a franchise is to speak with their existing franchisees. This contact information is included in most Franchise Disclosure Documents. In order to get a Franchise Disclosure Document or FDD as it is often referred to, you will have to complete a basic franchise application. The franchisor will then usually provide you with the FDD at that time. Included in that book of information is a list of the existing franchisees, the contract, the investment information etc... This information is required by Federal Law to be disclosed to your prior to making a purchase. So be sure to do your research and start with the Franchise Documents to get the initial information.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Time management for DIY PR

Coaching Tip: Identify Your Core Values

Unspoken Yet Important Rules for Book Proposals

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.