How much does it cost to open a million dollar franchise?
The average initial investment for million dollar franchises ranges from $4.1M to $8.8M. The average franchise fee is $241K. Investment requirements vary significantly by brand, location, and format.
What are the largest million dollar franchise brands?
The largest million dollar franchises by location count include: Burger King (19,732 locations), MCDONALD'S (12,772 locations), SONIC DRIVE-IN (3,441 locations), Planet Fitness (2,298 locations), JACK IN THE BOX (2,040 locations). These established brands offer proven systems and widespread brand recognition.
What are the most affordable million dollar franchises?
The most affordable million dollar franchises include: Mod Pizza (from $1.0M), TUMBLE FRESH COIN LAUNDRY (from $1.0M), BOSTON'S THE GOURMET PIZZA RESTAURANT & SPORTS BAR (from $1.0M), Laundrolab (from $1.0M), SWEET PARIS (from $1.0M). Lower investment franchises may have smaller territories, home-based models, or mobile concepts.
How do I evaluate a million dollar franchise opportunity?
When evaluating million dollar franchises, review the Franchise Disclosure Document (FDD) carefully. Key areas to examine include Item 5 (fees), Item 7 (initial investment), Item 19 (financial performance), and Item 20 (outlet data). Our database provides this data extracted from official FDD filings to help you compare opportunities.