Best Franchising Opportunities: Chem-Dry and Papa Murphy's
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Best Franchise Opportunities: Chem-Dry and Papa Murphy's What do pizza and dry-cleaning have in common? Cooking and cleaning are arguably both basic necessities. Everyone must either do both, or find someone who will. It's this reality -- these two markets -- that Chem-Dry and Papa Murphy's have tapped into.
What do Chem-Dry and Papa Murphy's have in common? They're both two of the hottest franchising opportunities in the market right now. These two franchises are beginning to corner their respective markets -- pick-up and delivery pizza and carpet, tile and upholstery cleaning.
Papa Murphy's sales grew $702 million dollars in 2011, 10% more growth than the year before. Chem-Dry has -- and is -- growing exponentially as well.
The Cost of Pizza vs. Cleaning One thing that separates these two franchises is the cost to purchase a franchise store. Income generated in the past drives the numbers determining the cost of buying into a franchise.
As such, the cost of purchasing a Papa Murphy's is between$209.33K and $396.71K. Owning a Chem-Dry, on the other hand, is less expensive at between $27.85K and $122.65K.
However, it is important to remember that while past earnings are tangible figures, potential earnings are merely projections. This means that there is the potential for a lower priced franchiseto actually have more value in the future which translates into greater gains for you personally.
Regardless of future value -- which franchise may end up having more value in the end -- both franchises are in the top 50 on the market meaning you can't go wrong either way.
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About the Author: Sarah Snyder RSS for Sarah's articles - Visit Sarah's website Sarah Snyder is Content Writer for Several Companies. Click here to visit Sarah's website. How Much Does a Papa Murphys Franchise Cost Dog Allergy Treatment The 3 Most Important Franchise Questions to Ask Yourself Insufficient EGR Flow First Steps to Franchising |
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