TOP 10 Real Estate Franchise Business Opportunities in USA for 2023 (2024)

FAQs

TOP 10 Real Estate Franchise Business Opportunities in USA for 2023? ›

About Keller Williams

Austin, Texas-based Keller Williams, the world's largest real estate franchise by agent count, has more than 1,100 offices and 191,000 agents. The franchise is also No. 1 in units and sales volume in the United States.

About Keller Williams

Austin, Texas-based Keller Williams, the world's largest real estate franchise by agent count, has more than 1,100 offices and 191,000 agents. The franchise is also No. 1 in units and sales volume in the United States.

The quick-service restaurants (QSR) have dominated the franchise industry over the years and in 2022 there were approximately 192,057 establishments related to the segment which are expected to grow the most in 2023 at 2.5%.

At the top, Orange County, California-based Donald Bren remains the wealthiest real estate billionaire in the country with an estimated $16.2 billion net worth, nearly $1 billion higher than last year.

The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.

Senior care. According to Franchise Business Review, franchise owners in the senior care sector took the spot for the highest average annual income. Franchisees in the sector reported an average annual income of $155,132.

Which is the best profitable business in USA? ›

The highest-grossing movie franchise of all time is the Marvel Cinematic Universe. The top two highest-grossing franchises, the Marvel Cinematic Universe and Star Wars, are both owned by Disney.

1. Shipping and delivery services. The rising popularity of online purchases has led to an increased demand for shippers and is fast securing its place as the growth industry front-runner. The American Shipper reports that as much as 8% of all retail sales are made online, or $394 billion.

With that being said, some of the most common industries that we often see in franchising (and all around our towns and cities) include fast food, retail and personal services.

Big Block Realty North

The company in 2021 was ranked the fastest-growing real estate company in America by Inc. 500.

Many agents will simply leave eXp Realty because they feel a physical office will help them sell more real estate. Agents must do what's right for their business and themselves. While eXp Realty agents can lease or own their office space, this option may be too expensive.

The largest real estate company in the USA is Coldwell Banker. Founded in 1906, Coldwell Banker has over 100 years of experience buying and selling homes that they share with the people they work for. It has a total of 3000 offices and even exists in more than 49 countries.

What state has the richest real estate agents? ›

What brokerage firms do billionaires use? Many very wealthy individuals use the top brokerage firms, such as Fidelity, Schwab, Vanguard, and TD Ameritrade, among others. They invest in private equity and hedge funds.

Most franchise owners don't receive a salary. Instead, your earnings as an owner come from the excess revenue after overhead costs to support the operation of the business are paid.

On average, typical franchisees make about 80,000 dollars a year, not considering tax and expenses. Only a small part of franchise owners make over $200,000 annually, more than fifty percent of franchisees make about $50,000. The industry you're operating in impacts the amount of profit as well.

Instead, both a franchise owner and a franchisor make money through the business' success. A franchisor makes money from royalties and fees paid by the franchise owners. A franchise owner makes money through profits received from sales and service transactions.

Franchise royalties range from 4% of your revenue all the way up to 12% or more. The amount has to do with the type of franchise business. For example, a food franchise is a high-volume business. A lot of individual items are purchased by a high-volume of customers.

Franchise Success Is Nuanced

Bates looked at more than 20,500 small businesses and found that 65.3% of franchises survived after four years compared to 72% of independent businesses. Retail franchises had a lower survival rate of 61.3% compared to 73.1% of independent retail locations.

Business owner salaries typically range between $27,000 and $94,000 a year.

The end game is profit. Franchise.com suggests that the expected range of return on investment of a good franchise should be at least between 25 percent and 50 percent.

Is 2023 a good time to start a business? ›

Despite some recent gloomy headlines from Silicon Valley and Wall Street and some painful downturns in the stock market, there are strong signs that 2023 might be an even better year for entrepreneurs to start a business — especially in the online small business space.

What makes a good franchise is an agile yet strong and supportive infrastructure. All franchisees need initial training when they start. Even if they have experience, they'll still need to learn the ropes of your operating model.

There are two main types of franchising, known as Product Distribution Franchising (Traditional Franchising) and Business Format Franchising, which are conducted under a variety of franchise relationships.

Franchises are an extremely common way of doing business in the U.S. It is hard to drive more than a few blocks in most cities without seeing a franchise business. Examples of well-known franchise business models include McDonald's (NYSE: MCD), Subway, United Parcel Service (NYSE: UPS), and H&R Block (NYSE: HRB).

What businesses are thriving right now? ›

In particular, several industries and sectors are experiencing growth, including construction, healthcare services, personal services, green economy and information technology (IT), according to the Bureau of Labor Statistics (BLS).

Leisure and Hospitality. Reflecting cyclical growth, leisure, and hospitality are expected to experience the fastest compound annual rate of change growth at 1.3% among all U.S. sectors from 2021-31, the BLS says. That amounts to more than 1.9 million projected jobs to be added during that period.

Disadvantages to franchisees include high costs and royalty payments, strict product rules, lack of support from uninterested franchisors, lack of flexibility in where to locate and how to trade, and other start-up challenges. Entering into an agreement with an interested franchisor is important.

McDonald's. McDonald's has been the world's largest franchise for decades. That trend continues in 2023. With over 38,000 locations worldwide, McDonald's has a significant presence in more than 100 countries.

Like starting any business, buying a franchise involves risk. Although most franchisees are satisfied and successful, some do suffer financial losses. That's why you must be particularly wary of any company that “guarantees” profit or certain success.

Aaron Kirman knows how to close a deal: He's sold roughly $6 billion worth of real estate over his 25-year career, making him the No.

Donald Bren is one of the greatest real estate investors in American history. He is currently the wealthiest real estate investor in the country and has a net worth of $15.3 billion. Donald got his start in the real estate world early in life. This is because his father was a real estate investor.

The 2022 Top Landowners in the Land Report 100:

The Emmerson Family – 2.33 million acres. John Malone – 2.2 million acres. Reed Family – 2.1 million acres. Ted Turner – 2.0 million acres.

Who became the richest real estate entrepreneur? ›

Realty major DLF's Chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a wealth of Rs 59,030 crore, according to GROHE-HURUN India. With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Macrotech Developers (Lodha Group) are in the second position.

“90% of all millionaires become so through owning real estate.” This famous quote from Andrew Carnegie, one of the wealthiest entrepreneurs of all time, is just as relevant today as it was more than a century ago. Some of the most successful entrepreneurs in the world have built their wealth through real estate.

The 2022 Land Report 100, compiled each year by The Land Report magazine, released its annual list of landowners who own the most acres in the United States. The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres.

Leading apartment owners in the U.S. 2022, by units owned

Starwood Capital Group, which was the largest owner in 2022 with 115,000 units, is a private investment firm headquartered in Miami, Florida.

John Malone is the largest private landowner in the United States. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999.

Only 3% of American millionaires received an inheritance of $1 million or above. Real estate makes up about 40% of a typical millionaire's net worth.

Real Estate Tycoon #1: Rajiv Singh

The richest real estate tycoon in India, entrepreneur and DLF chairman, Rajiv Singh has a net worth of INR 61,220 crore.