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According to CareerBliss, Dunkin’ franchise owners earn $124,000 on average annually, or $60 per hour, based on gross sales in the $620,000 to $1.3 million range. The national average for all franchise owners of any company is $60,000.
So, owning a franchise can be a path toward wealth, but there’s a lot to consider because owning one location doesn’t necessarily mean you’re going to make exceptional earnings right away. You’ll want to choose a company that fits your skill set and your interests because most franchise owners become wealthy by owning multiple locations.
Fortunately, there are hundreds of franchises in the U.S. alone that you can research to find the best match for your interests, skills, and budget. We reviewed 24 franchises before we arrived at the best choice for each of seven categories. Before you rule out any of these businesses, read on to see what kind of net worth, liquidity, and experience you need to qualify for a franchise you can potentially grow into a portfolio of locations.
Best Franchises to Own in 2021
- Best Overall: Dunkin’
- Best Restaurant: Denny’s
- Best Senior Care: Right at Home
- Best Fast Food: McDonald’s
- Best Car Wash: Mr. Clean Car Wash
- Best Ice Cream: Baskin-Robbins
- Best Tax Services: Jackson Hewitt
Source: Investopedia