Franchise Times Magazine has released a list of the top 200+ franchises in the nation.
The personal services sector as a whole, which includes gym, massage and education concepts, saw 11.4 percent growth in 2017, according to Franchise Times, a trade publication based in Minneapolis.
Here are the top 10 fastest-growing franchises, by sales, in the country, according to Franchise Times, 3 of which are proudly represented by L3 Corporation:
The top 10 fastest growers by units:
- Orangetheory Fitness: 47.4 percent increase from prior year
- Realty One Group: 45.3 percent
- HomeVestors: 27.1 percent
- Circle K: 19.2 percent
- Freddy’s Frozen Custard & Steakburgers: 19.1 percent
- Hand & Stone: 17.6 percent
- Eye Level: 16.6 percent
- Tropical Smoothie Cafe: 16.5 percent
- Planet Fitness: 15.6 percent
- Zone: 15.2 percent
As a whole, the 200 largest U.S.-based franchisors grew their combined annual sales by more than $28.5 billion, or 4.6 percent, last year. The 10 largest franchised brands added $14.3 billion in sales, a 5 percent surge compared to that cohort’s $7.8 billion or 2.8 percent sales growth the previous year.
L3 Corporation is a leading retail commercial brokerage firm specializing in tenant representation, landlord representation and property acquisition and disposition. Members of L3 Corporation have brought deals to fruition in excess of 35,000,000 square feet spanning over 100 cities throughout the United States and Canada. L3 Corporation is focused exclusively on retail real estate. Please contact our team for more information on our franchise clients or for any of your retail real estate needs.