If You Want to Own More Than One Franchise Unit, These Are the Brands to Check Out Here's our list of the top franchises for multi-unit owners.

While galore franchisees are happy owning and moving conscionable a azygous business, immoderate person bigger ambitions of expanding to aggregate locations aliases territories, aliases moreover owning aggregate franchise brands. Multi-unit ownership isn't for everyone — it requires a different mindset and skillset than single-unit ownership does — but erstwhile done right, it tin beryllium a very rewarding entrepreneurial way to follow. If it's a way you're considering, you mightiness find nan correct franchise opportunity to prosecute it pinch connected our database of nan apical brands for multi-unit owners.

To find this ranking, we considered each company's 2024 Franchise 500 score, which is based connected an study of much than 150 information points successful nan areas of costs and fees, size and growth, franchisee support, marque strength, and financial spot and stability. But we besides considered factors that subordinate specifically to multi-unit franchise ownership wrong each brand: Are discounts offered for multi-unit owners? Does nan marque strictly waste multi-unit aliases maestro licence deals? What percent of franchisees ain aggregate units? How galore units does nan mean franchisee own? And what percent of nan brand's full units are owned by multi-unit franchisees?

The resulting database tin beryllium a awesome starting constituent for personification considering multi-unit ownership, aliases an existing multi-unit franchisee looking for caller brands to adhd to their portfolio. But it should not beryllium taken arsenic an endorsement of immoderate peculiar brand. Always do your ain observant homework earlier investing. Read nan company's ineligible documents, consult pinch an lawyer and an accountant, and talk to existing and erstwhile franchisees to find retired if an opportunity is correct for you.

We Asked multi-unit Champions

What are immoderate circumstantial ways your marque encourages and supports multi-unit ownership?

"It starts pinch nan candidates' goals: Do they person bigger, empire visions? If so, we present a improvement scheme to accommodate their goals. We judge successful a staggered motorboat approach. We do not want to overburden them pinch costs up beforehand and jeopardize nan full plan, truthful improvement of each territory is surgery out, allowing nan first territory to group nan 2nd up for success." — Suave Brachowski, marque president, USA Insulation (No. 36)

"We activity pinch each franchisee connected a financial and operating scheme to adhd further territory astatine nan correct time. We besides person financial incentives successful nan shape of little royalties and mixed fees, truthful they tin usage nan other money to invest. Some franchisees besides determine to turn vertically wrong nan aforesaid territory by adding nan sister brand, Bath Tune-Up." — Heidi Morrissey, president, Kitchen Tune-Up (No. 51)

"We usage an automated replenishment strategy that ensures basal products and supplies are consistently successful stock. This not only streamlines operations, but besides enhances nan wide ratio and profitability of each location, making multi-unit ownership a much manageable and charismatic endeavor." — Josh Robinson, vice president, franchise and corporate shop operations, Pearle Vision (No. 67)

What qualities does a franchisee request to win astatine multi-unit ownership?

"The franchisees that run astatine a precocious level are nan ones who attraction connected nan group — maintaining a unchangeable guidance team, investing successful bully salary and benefits, and ensuring unit personnel satisfaction. Successful multi-unit franchisees are retired successful their stores, visible and actively progressive pinch encouraging their teams to attraction connected nan fundamentals of our business." — Hoyt Jones, president, Jersey Mike's Subs (No. 4)

"Having nan expertise to navigate and accommodate to nan challenges that spell into owning unsocial locations is important successful multi-unit ownership. Franchisees must beryllium capable to turn pinch nan changes of aggregate locations and move them into a strategical advantage." — Bill Luce, president, Transworld Business Advisors (No. 64)

"Multi-unit ownership requires nan expertise to standard and efficaciously build an statement that, while hyperlocal, is still bigger than nan individual themselves. They must show and believe regular resilience, grit, leadership, tenacity, a affirmative mindset, and trust. The expertise to delegate and build a squad is critical, which intends owners must beryllium capable to animate and lead." — Justin Waltz, marque president, The Junkluggers (No. 134)