Nov 13, 2019 - Blog, Franchise Articles by |

The Franchise Times (FT) recently published its “Fast & Serious” list for 2019, which it dubs as its ranking of the “smartest-growing franchises.” According to FT:

“Franchise Times created a formula to identify fast-growing franchise systems that also have staying power. . . . [The formula includes] percentage sales growth, percentage unit growth, dollar sales growth and numerical unit growth over the past three years. The database for the project is the Franchise Times Top 200+, our annual ranking published in October of the largest franchise systems by revenue. Haskin identified the companies that submitted information for all three years for that project, then selected for analysis those with systemwide sales above $40 million.”

The list includes franchises in many of the sectors you would expect – like fitness and fast-casual dining – as well as some that you might not – like eyelash extensions and pest control. Here is the complete list from 1-40 (more information about each franchise is available through the link above):

  1. Club Pilates
  2. Orangetheory Fitness
  3. Burn Boot Camp
  4. Fyzical Therapy & Balance Centers
  5. Amazing Lash Studio
  6. Restoration 1
  7. Blaze Pizza
  8. 9Round
  9. uBreakiFix
  10. Goldfish Swim School
  11. Freshii
  12. Walk-On’s Bistreaux & Bar
  13. Circle K
  14. The Halal Guys
  15. Nothing Bundt Cakes
  16. Mosquito Joe
  17. Planet Fitness
  18. Chicken Salad Chick
  19. HomeVestors
  20. Hand & Stone
  21. Tropical Smoothie Café
  22. Nekter Juice Bar
  23. Anytime Fitness
  24. United Real Estate
  25. TeamLogic IT
  26. Freddy’s Frozen Custard & Steakburgers
  27. Jersey Mike’s Subs
  28. Workout Anytime
  29. Profile by Sanford
  30. Dogtopia
  31. 911 Restoration
  32. Sola Salon Studios
  33. Black Bear Diner
  34. The Joint Chriropractic
  35. Aqua-Tots Swim Schools
  36. CarStar
  37. Wingstop
  38. RNR Tire Express
  39. Paul Davis Restoration
  40. Chick-fil-A

Our Key Takeaways from the FT “Fast & Serious” List for 2019

So, what does this list tell us?

1. Comparatively Smaller Brands Dominate the List

While most of the names on the “Fast & Serious” list are now well-known, they are not on the same playing field as the brands at the top of the FT’s Top 200+ list for 2019. In fact, Chick-fil-A is the only globally-recognized brand on the “Fast & Serious” list.

2. Fitness and Wellness are Clearly the Top Sectors for Growth

Based on the list, fitness and wellness are indisputably the top franchise sectors when it comes to growth in recent years. The top four franchises are all fitness concepts, and more than a third of the list falls into the health and wellness category.

3. Food is Still Popular

Of course, not everyone is into health and wellness all the time. Along with concepts like Freshii and Nekter Juice Bar, there are still plenty of burger, chicken sandwich, and desert options on the list as well.

Are You Thinking about Buying a Franchise?

If you are thinking about buying any type of franchise, it is important that you discuss your opportunity with an experienced franchise lawyer. To learn about the Goldstein Law Firm’s fixed-fee franchise business review programs, call us at 202-293-3947 or request a free consultation online today.

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