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Top 10 Franchises for 2008

Opening a franchise is a great way for an individual to start a new business without having to build it from the ground floor up. One of the privileges of buying into a franchise is that you are also purchasing the right to use the Franchiser's already established trademarked goods, services, advertising, and marketing. You benefit from the years of promotion that have already taken place.

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The following is a list of the top ten franchise picks for the year 2008 as provided by Entrepreneur.com.

 
#10 Re/Max Int'l, Inc. From 2006 to 2007, Re/Max has added 415 franchises. They have a network of more than 120,000 agents. Franchise information website »
#9    Domino's Pizza - Domino's Pizza has been in the Top 10 list nine times. Launched in 1960 with $500, Domino's had $5.1 billion in global retail sales in 2006 and sold more than 400 million pizzas. Franchise information website »
#8 InterContinental Hotels Group - Going from Number 31 in 2006 to number 12 in 2007, InterContinental broke into the Top 10 in this year's list. The hotel franchise owns seven brands, including Holiday Inn, Crowne Plaza and relative newcomer Hotel Indigo. The company plans to add 50,000 to 60,000 rooms to its current 571,071 rooms by the end of 2008. Franchise information website »
#7 KFC Corp was launched in 1930 by Harland Sanders in a Kentucky gas station. KFC has been franchising longer than any other franchise on Entreprenuer.com's Top 10 list. In 2006, the franchise ranked at number 23. In the past year, the Colonel's original recipe was updated to eliminate any trans fat from the chain's famous fried chicken. Franchise information website »
#6 Sonic Drive In Restaurants - Sonic drive-in is a car-hop style restaurant that has stayed with its "1950's" feel. In 2005, Sonic added its 3,000th drive in. Sonic offers its traditional menu of hamburgers, tater tots and slushies and the company now offers healthier fare, including wraps and smoothies. Franchise information website »
#5 McDonald's started franchising over 50 years ago and has made the top ten list 27 times in the past 29 years. It has been No. 1 eight times, second only to Subway. Franchise information website »
#4 Pizza Hut has frequently made the Top 10 list , ranking number 12 in 2006. Pizza Hut is owned by Yum! Brands, which also is the parent company of KFC. Franchise information website »
#3 Dunkin' Donuts has 5,451 U.S. franchises and has consistently stayed on the Top 10 list since 2004, when it was No. 9. Dunkin' Donuts, which has locations in 36 states and plans to continue expanding in 2008 by offering franchises in new areas. The chain is popular for its coffee and breakfast items also is now offering espresso, cappuccino and lattes. Franchise information website »
#2 Subway - Subway first appeared on the Top 10 list in 1988 at No. 1 and has won the No. 1 position 15 times. Subway has become popular through its promotion of a healthier alternative to fast food. It had nearly 28,000 franchises in 2008. Franchise information website »
#1 7-Eleven - This company is celebrating it's 17th year on the Top 10 list, but this is the first time it has risen to the number 1 position. 7-Eleven added 3,481 franchises in 2008 as they shifted their focus to adding more franchise-owned, rather than corporate-owned, stores. 7-Eleven plans to continue increasing its number of stores. Franchise information website »