When you think of some of today's most iconic brands, franchisers most likely spring to mind first. There's McDonald's, Burger King, Dunkin', Starbucks. The list goes on. And while the model has been popular in the food sector, franchisers come in all different shapes and sizes. Just consider the following 10 businesses that topped this year's list of fastest-growing private-company franchisers in the U.S.
10. JP and Associates Realtors
2019 Inc. 5000 rank No. 1004 | Three-year growth 422% | 2018 revenue $8.9M
Founded in 2011, this Frisco, Texas-based real estate brokerage is quickly becoming a force in homebuying. The company employed 1,478 people in 2018, up from 345 in 2015, and with 13 franchises across the U.S., it handily made the 2019 Inc. 5000 list--its third showing in three years. Buying into JP and Associates Realtors, which offers independently owned and operated locations, costs would-be franchisees an initial fee of $25,000.
9. My Salon Suite
2019 Inc. 5000 rank No. 970 | Three-year growth 438% | 2018 revenue $3.1M
Two-time Inc. 5000 honoree My Salon Suite offers turnkey salon facilities to its franchisees. The Metairie, Louisiana-based company outfits buildings with suites for health and beauty professionals, such as hair stylists, nail technicians, and massage therapists. As its website describes, each franchisee is one part landlord and another part business coach to about 20 or 30 tenants. It currently has 133 locations, with another 39 slated to open by the end of the year. According to My Salon Suite, a franchise owner's initial investment ranges from $580,000 to nearly $1.5 million, depending on the size of the space the owner chooses and the market.
8. 100% Chiropractic
2019 Inc. 5000 rank No. 736 | Three-year growth 592.3% | 2018 revenue $2.2M
Founded in 2004, this Rancho Santa Fe, California-based chiropractic franchise business now has 34 locations, with six on the way. In exchange for a franchise fee of $50,000, 100% Chiropractic will help franchisees with lease negotiation, design, training, hiring assistance, billing, paperwork, and marketing. Also, as a further inducement, the company's website points out that some states will allow non-physicians to set up a practice.
7. Interim HealthCare
2019 Inc. 5000 rank No. 613 | Three-year growth 722.2% | 2018 revenue $2.2M
This fast-growing Salt Lake City-based personal care franchise provides home services to elderly or disabled clients. Run by husband and wife Michael and Marlana Hawkins, it is one of 324 independently owned locations within the Interim HealthCare franchise system. Start-up costs for an Interim Health franchise range from $125,500 to $198,500.
6. Tierra Encantada
2019 Inc. 5000 rank No. 570 | Three-year growth 773.8% | 2018 revenue $5M
Founded by Kristen Denzer, Tierra Encantada offers Spanish immersion daycare and pre-school services to parents of children up to age 5. It has four corporate-owned locations in the Minneapolis metropolitan area, where the company is based. It began franchising in May, after securing a multi-unit deal to bring locations to Charlotte, North Carolina, and Houston. The first of its independently owned locations is expected to open in 2020. In exchange for $50,000, franchisees receive hands-on site development assistance and help navigating zoning, permitting, and licensing processes. Ongoing support for franchisees includes weekly branded curriculums for each age group and purchasing support for supplies.
2019 Inc. 5000 rank No. 554 | Three-year growth 801.5% | 2018 revenue $6M
This Plainview, New York-based fitness company offers to bring the gym to customers' homes by way of its fleet of personal trainers and fitness vans, which are each outfitted with gym equipment. Its 255 franchise locations operate in 29 states in the U.S. and in Canada and the U.K. GymGuyz franchisees pay between $56,000 and $222,675 for a turnkey operation, which includes a van, a website, marketing materials, and training.
4. Hardcore Fitness Boot Camp
2019 Inc. 5000 rank No. 506 | Three-year growth 863.2% | 2018 revenue $9M
Three-time Inc. 5000 honoree Hardcore Fitness Boot Camp is not for the meek. Founded in 2007 by husband-and-wife team Larry and Nadia Nolan, the Los Angeles-based company offers personal training and focused fitness programs and challenges. Its Boot Camp offers a cardio and weightlifting workout that targets different muscle groups each day; its Fight Camp workout is meant to mimic the intense training that professional athletes endure during their high seasons. Six of the currently open 23 locations are company owned, and the rest are individually owned. Hardcore franchise fees start around $285,240.
3. Clean Juice
2019 Inc. 5000 rank No. 431 | Three-year growth 1,047% | 2018 revenue $4.9M
Charlotte, North Carolina's Clean Juice was founded in June 2015 by married couple Kat and Landon Eckles. They began franchising the following year. The USDA-certified organic company says it has 79 open locations in 23 states. Just eight are corporate owned. The franchise fee is $42,500, and it typically takes nine months to open a Clean Juice franchise, according to a company spokesperson.
2. SkyRun Breckenridge
2019 Inc. 5000 rank No. 430 | Three-year growth 1,047.2% | 2018 revenue $4.3M
The Breckenridge, Colorado-based husband-and-wife team Mike and Anna McGoff bought their fast-growing SkyRun Breckenridge location from its original owners in 2015. Franchises within the larger Boulder, Colorado-based SkyRun Vacation Rentals network are all independently owned and operated. They support rental properties in 27 locations across North America. The price to open a SkyRun franchise varies based on its location, but the initial franchise fee is around $50,000.
1. Restore Hyper Wellness
2019 Inc. 5000 rank No. 113 | Three-year growth 3,031.4% | 2018 revenue $5.1M
Founded by Jim Donnelly and Steve Welch in 2015, Austin, Texas-based Restore Hyper Wellness provides health and wellness treatments to customers. Products and services include infrared saunas, allergy testing, cryotherapy, and IV drip therapy. Of the 30 Restore Hyper Wellness locations now open across the U.S., seven are corporate-owned and the rest are owned by independent franchisees. The cost to open a franchise varies by location, but the company said owners can expect to pay around $450,000.