Top 10 Greatest Franchises in the World
Here’s a list of greatest franchises in the world. A franchise is considered a distribution system whose laws apply with the trademark. Franchising is a practice of using another firm’s successful business model. Here are the list of the franchises in the world.
10. Subway
Subway that only selling for sandwiches are the biggest franchise in the world. Beginning with an investment of $ 1.000 dollars, Fred Deluca and his friend Peter Buck opened the store Pete’Super submarines in 1965. But both are changing the name to Subway a few years later and officially changed in 1974. over 43 years, Subway sandwich shop franchise has become the largest in the world and has 30,000 restaurants in the 87 countries.
9. McDonald’s
At the age of 52 years old, Ray Kroc spawned the idea to open up some fast food restaurants to the brothers Dick and Mac McDonald, owner of McDonald’s hamburger stand in San Bernardino, California. With their consent, Ray Kroc opened the first franchise restaurant in Des Plaines, Illinois in 1995. Right now, fast food retailer has more than 30.000 stores in 100 countries.
8. Liberty Tax Service
In 1997, after selling Jackson Hewitt Inc, a tax service company that he founded 15 years ago, John Hewitt managed to get the original tax franchisor Canada and founded the Liberty Tax Service. A year later, Hewitt expands its operations into the United States with the opening of five branches and at the end of 2008 the number of franchise Liberty Tax Service has reached 2500.
7. Sonic Drive-In
Troy Sminth buy Top Hat Drive-In, a root beer stand in Shawnee Oklahoma in 1953. There, the customers can buy food and ate in their car. Smith eventually expand the concept into a restaurant with a partner holding Charlie Pappe and introduce the name of Sonic in 1959. currently valued at three billion dollar company operates more than 3000 outlets throughout the United States and Mexico.
6. Intercontinental Hotels Group
In 1988, a British company, Bass (founded by William Bass in 1777) changed its business towards the hospitality industry by buying Holiday Inns International. The company focuses on hotel properties to expand the business and eventually sold the brewery in 2000. Intercontinental Hotel Groups currently has seven brands and operates more than 4000 hotel in nearly 100 countries.
5. Ace Hardware
Ace Hardware began in 1924 when Richard Hesse along with other retailers in Chicago hardware together to increase buying power and profits. The company was formed in 1928 and 80 years later has become one of the largest hardware business in the world with more than 4600 stores in seven countries.
4. Pizza Hut
Frank and Dan Carney, students from Wichita Kansas inspired to open a pizza restaurant. So they borrow money of 600 dollars to their mother and opened the first Pizza Hut restaurant in 1958. currently there are about 6200 restaurants in the United States and 4000 restaurants in 100 countries.
3. The UPS Store / Mail Boxes etc
Gerald Aul, Pat Senn and Robert Diaz founded the Mail Boxes etc as an alternative to the United States postal service in 1980 and opened their first store in Carlsbad, California. Mail Boxes Etc. in 2001 became a subsidiary of The UPS Store and is currently running about 6,000 franchises that is located in the United States and 40 other countries.
2. Circle K
Circle K began in 1951 when Fred Hervey purchased three Kay’s network of food stores in El Paso Texas. Hervey retailnya network expands over several decades afterward and began to enter the international market in 1979. type franchise was introduced in 1999 and currently more than 6000 K circle networks around the world.
1. Papa John’s
In 1984, John Schnatter conjured in the back storage room tavern his father and began selling pizzas to the customers the store. The popularity of pizza and eventually shot John Schnatter to open a Papa John’s first restaurant in 1985. There are currently more than 3,000 Papa John’s restaurants worldwide.
From the list of greatest franchises above, do you ever been heard and visited one of franchises before?
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