Franchises can be found in various industries. Some common types of franchises include:
- Fast-Food Franchise: These are popular franchises in the fast-food industry, offering well-known and established brands that sell fast and convenient food items. Eg: McDonald’s, subway,etc.
- Retail Franchise: It involve the sale of products or goods in a specific industry. They can include clothing stores, electronics stores, convenience stores, and more. Eg: Kholer etc.
- Service-Based Franchise: These franchises provide various services, such as cleaning, salon service,home improvement, education, and automotive services. Eg: Meineke Car Care Center, tony & guy, cut n style, nailashes, etc
- Hotel Franchise: Hotel franchises allow entrepreneurs to operate hotels using established brands and standards. Eg: Hilton, radisson etc.
- Fitness Franchise: These franchises focus on the health and fitness industry, offering gyms and fitness centers. Eg: Anytime Fitness, fitness first etc.
- Night lifestyle Franchise: These segment focuses on the franchise of BARs, Lounges and nightclubs which currently are the top selling and invested segment. Eg: Toyroom, Hammerzz etc.