Ending Soon! Save 33% on All Access

Want to Own Many Businesses? These Are the Best 150 Franchises for Multi-Unit Owners. For franchisees who want to build their own empire, this is the way to go.

By Tracy Stapp Herold Edited by Frances Dodds

This story appears in the July 2023 issue of Entrepreneur. Subscribe »

If you want to understand the franchise industry today, this stat is a great place to start: More than half of all franchise units operating in the U.S. last year — to be exact, 53.2% of those units — were owned by multi-unit owners. That's according to franchise research and advisory firm FRANdata. And this tracks well with what's happening in franchising more broadly, as ambitious franchisees want to own multiple units, and franchisors see multi-unit operators as an efficient and battle-tested way to expand.

Here at Entrepreneur, it made us wonder: What are the top franchise brands for multi-unit ownership?

Related: 5 Encouraging Facts to Know About Multi-Unit Franchising

To find out, we asked franchisors a few relevant questions: Do they offer discounts to franchisees purchasing multiple units? What percentage of their franchisees own multiple units? What percentage of their brand's total units are owned by multi-unit franchisees? What is the average number of units owned by each franchisee? And finally, do they only sell multiple units or master licenses? Then we factored in each company's Franchise 500 score, which is based on an analysis of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial stability.

The result is this first-ever list — a helpful resource for anyone interested in multi-unit ownership. However, this list should not be construed as an endorsement of any particular brand. Whether you're buying one unit or 50, you should always do your homework. That includes reading the company's legal documents, consulting with an attorney and an accountant, and of course, talking to as many franchisees as you can.

See the Best 150 Franchises for Multi-Unit Owners franchises list here.

Tracy Stapp Herold

Entrepreneur Staff

Tracy Stapp Herold is the special projects editor at Entrepreneur magazine. She works on franchise and business opportunity stories and listings, including the annual Franchise 500.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Business News

Scarlett Johansson 'Shocked' That OpenAI Used a Voice 'So Eerily Similar' to Hers After Already Telling the Company 'No'

Johansson asked OpenAI how they created the AI voice that her "closest friends and news outlets could not tell the difference."

Business Ideas

Struggling to Balance Your Business and Your Relationship? This Company Says It Has a Solution.

Jessica Holton, co-founder and CEO of Ours, says her company is on a mission to destigmatize couples therapy so that people can be proactive about relationship health.

Marketing

Marketing Campaigns Must Do More than Drive Clicks — Here's How to Craft Landing Pages That Convert Clicks into Customers

Following fundamental design principles will ensure that your landing pages lead potential customers from clicking on an ad to completing a purchase.