Ten Franchises I Like for 2013
by Ed Teixeira
Here are ten solid franchise opportunities that did well during 2012 and
are poised for continued growth in 2013 and beyond.
As a matter of course I rarely promote franchise opportunities, however,
since I’m typically aware of what’s happening in the franchise industry I felt
it appropriate after the end of 2012 to list ten franchises that I believe are
on the right path. For those interested in pursuing one of these franchise
opportunities be sure to perform the appropriate due diligence and confirm that
your financial and business profiles match up with the specific franchise you
may choose to pursue. This are not listed in order of preference.
1. CMIT Solutions:
CMIT serves small business customers with IT service packages for small
business clients. The franchise grew by 15% in 2012. Sheri Vandermause, CMIT
Solutions head of franchise development states: “We attribute our strong growth
to the strength of our business model, the space in the market that we are in,
and the fact that many talented executives are interested in having something of
their own at this stage in their career – that allows them to see the direct
benefits of their efforts. Additionally, there is consolidation in the industry
for IT services companies that support small businesses and CMIT’s systems,
support and collaborative environment provide the perfect environment for those
independent firms to grow at an accelerated pace.”
2. Kona Ice
This franchise headed by Tony Lamb experienced 50% growth in 2012. The
franchise program is based upon a fixed royalty program that enables its
franchisees to increase earnings when their revenues grow. I interviewed Tony
this past year and found Kona to be an excellent franchise opportunity that has
had continued growth over a number of years and can boast having a network of
satisfied franchisees.
3. Children's Lighthouse
Children's Lighthouse awarded 15 franchises in 2012 with 3 more awarded in
December. A record year, and 36% more than 2011) According to Stephen Dixon,
head of franchise development : "Children's Lighthouse Learning Center's growth
is fueled by our strong field support practices that assist our franchise owners
in all areas of operations and continues to encourage them to either start an
additional location or recommend the company to others. We have proven our model
in many markets and our opportunity for continued growth is excellent because we
are still a mid-sized company."
4.
Visiting Angels
As one of the leading home care franchises VA opened 2012 with 434
franchisees and ended the year with 470 franchisees for a gain of 36 new
franchises. Pat Drea Chief Operating Officer of Visiting Angel states: “Visiting
Angels’ success starts with branding through national advertising. Name
recognition is critical to the generation of initial inquiries by prospective
franchisees. We put them in front of franchisees who can talk from experience
about how the company works to support them, especially the talented support
team that conducts initial and on-going training, including one-on-one and group
consultations. The company uses a developmental stage coaching model that
customizes business training based on the stage of growth that the franchisees
have reached. “
5. Christian Brothers Automotive
Christian Brothers Automotive is one of the nation’s leading automotive
service and repair franchise systems with more than 100 locations open and an
additional 35 under development in 17 states. Mark Carr, president and CEO,
opened the first location in Houston, Texas, in 1982. Christian Brothers
Automotive began selling franchises in 1996 and continues to grow at a pace of
15 to 20 stores annually. The company also continues to maintain a 100 percent
success rate with its store operations, never having closed a location.
6. Papa Murphy's
Papa Murphy's is the fifth-largest pizza chain in the country that operates
over 1,300 franchised and corporate-owned locations in 37 states and Canada.
Papa Murphy’s was recently voted “#1 Rated Pizza Chain” by surveyors in Zagat
Survey’s 2010 & 2011 Fast Food Surveys and is a four-time recipient of Pizza
Today’s Chain of the Year award
7. Instant Imprint
Instant Imprints added 8 additional units this year with 2 new area developer
agreements. Christian Colluci of Instant Imprint said, "We had a strong year for
a few key reasons, primarily the changes we made to the system with our new
equipment package, training programs, and smaller footprint, are working well
and franchisees are ramping up quickly out of the gate and are excited and
validating well. Older locations are witnessing these changes and, they like
what we are doing as a group and are upgrading equipment and getting better
results from the upgrades."
8. Griswold Home Care
The Griswold Home Care franchise reports that they provide large protected
territories to their franchisees. With 175 franchise locations Griswold added 34
new franchisees during 2012. Within the home care franchise sector Griswold is
rather unique in that they refer caregivers to clients who pay the caregivers.
The franchise features a franchisee royalty program that is a departure from the
majority of home care franchises.
9. Sloans Ice Cream
Sloan's Ice Cream, a luxury ice cream, toy and candy concept based in South
Florida and started by Le Cordon Bleu trained chef, Sloan Kamenstein.2012 was
the company's first year in franchising and sold 5 units in Southern California.
"We're thrilled to speak with entrepreneurs and investors interested in bringing
the Sloan's concept to markets across the country. With the right franchisees on
board, we're anticipating an even stronger 2013." – Sloan Kamenstein
10. Patrice and Associates
Awarded 16 new franchises in 2012 which increased their active franchise
community by 57%. The Patrice and Associates franchisees are capitalizing on the
size and growth of the hospitality industry. Started by Patrice Rice in 1989,
Patrice franchisees recruit and staff management positions, including IT, for
restaurants, hotels, casinos, resorts, national chains and catering companies.
“We offer four different options for a franchisee. They can be a home office
recruiter, hire virtual recruiters, open an office or buy multiple territories.
A franchisee can operate from their kitchen table or from an office”
As the franchise industry continues to face the challenges brought on by the
great recession and tight credit markets those franchisors that achieve
continued growth reflect sound franchise systems including these ten franchise
opportunities.
© 2011 FranchiseKnowHow, LLC
Ed Teixeira is the President of FranchiseKnowHow, LLC. He can be reached at
franchiseknowhow@gmail.com
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