2007-03-06 04:55:46 · 4 answers · asked by prince r 1 in Business & Finance ➔ Investing
"Very good franchise" is very subjective -- it will depend on what you want, what you like to do, and what you think can do best.
I suggest you check out Entrepreneur.com as they have rankings of franchises that you may consider as well as listings of available franchises per sector http://www.entrepreneur.com/franchise500/index.html
Top 10 Franchises for 2007
1. Subway
2. Dunkin' Donuts
3. Jackson Hewitt Tax Service
4. 7-Eleven Inc.
5. UPS Store, The/Mail Boxes Etc.
6. Domino's Pizza LLC
7. Jiffy Lube Int'l. Inc.
8. Sonic Drive In Restaurants
9. McDonald's
10. Papa John's Int'l. Inc.
2007-03-06 05:01:24 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋
Don't invest in a franchise.
with 100K you could possibly have 200K invested (if you qualify)
The average return on the market long term has been over 12% but let's take 10% as an example. With 10% return your money will double about every 7 years.
You could have 1.5 Million in 21 year (1'600K-100K borrowed). That is an average of 71K per year.
Now try to get an average 71K per year from a 100K investment with a franchise year after year for 21 years, plus all the trouble of maintenance/inspection, staffing, management, etc...
2007-03-06 07:12:18 · answer #2 · answered by Smiling Face 3 · 0⤊ 0⤋
Apple
2007-03-06 04:59:26 · answer #3 · answered by Maxie D 4 · 0⤊ 0⤋
I completely agree with the above post. There are better ways to make more money with lesser efforts than a franchise.
Invest the money and reap better returns.
Regards
2007-03-06 19:02:32 · answer #4 · answered by fx_invest74 2 · 0⤊ 0⤋