6 Restaurant Franchise Opportunities You Can’t Miss
Two years ago, the restaurant industry was facing an unprecedented challenge with the pandemic. The need to protect public health caused radical and immediate changes in the economic model. It was only through the industry’s immediate adaptation to a new landscape that the stoves kept burning and the kitchens kept working. Through it all, Americans’ affinity for dining out has never wavered. We now have many more options for outdoor dining and patio seating. Almost all restaurants offer curbside pickup and we’ve seen an intensified market for delivery-based concepts designed to bring your favorite restaurant orders right to your doorstep. The restaurant industry itself has expanded, reintroducing all sorts of variety into the business model. And nowhere is this more evident than in the franchising industry.
Entrepreneur recently released its 2022 ranking of the best food franchises. On this list, you’ll find retail concepts that feature consumer favorites like smoothies, specialty coffees, legendary sandwich and sub restaurants, and fast-casual restaurants. Below are six examples of hot franchise concepts you just don’t want to miss.
Meet a reputable franchisor
Consumers have spoken and their word has made Jamba a brand synonymous with on-the-go smoothies and juices. Their track record as a popular franchise concept speaks for itself – the brand has over 800 locations in 35 states and six countries. Jamba has earned three consecutive appearances on Entrepreneur List of 500 franchises, coming in at No. 189 in 2022 – their highest ranking yet. The secret of Jamba’s success? Small store footprints and an elite corporate marketing team focused on making consumers feel brand loyalty comes easy.
A burning opportunity
It’s common knowledge that coffee is best served piping hot, but that term also applies to the expansion efforts of Scooter’s Coffee, a franchise brand that has seen its units increase by 82.4% over the past three years. only. This remarkable run earned them a No. 66 ranking on this year’s Franchise 500 list. Scooter’s is backed by fast, fast drive-thru and a proprietary success plan that has helped this brand “live” in more than 300 locations across the United States.
Nothing beats an original
In the early 70s, before Nixon resigned and the OPEC oil crisis erupted, a small sandwich shop with a single menu item got its start in Austin, Texas. The single offering was branded “THE ORIGINAL” and helped Schlotzsky become a household name. The brand has expanded to over 320 locations, earning them a spot at No. 301 on this year’s Franchise 500 list. Although Schlotzsky’s has focused on developing digital platforms to better connect with its customer base, its line of sandwiches has retained its tasty and original taste.
It’s party time for foodies everywhere
Moe’s Southwest Grill uses a simple, customizable menu selection that has made this brand an authority on Southwestern dishes. Fun fact? The menu consists of only 20 Ingredients. But this fast and laid-back juggernaut, now with over 600 locations, isn’t exactly resting on its laurels. The brand has kept their grills on full throttle, having recently modernized and refreshed all of their iconic brand attributes. This effort did not go unnoticed, as Moe won the 268e place on this year’s Franchise 500 list.
A brand resolutely focused on money and meaning
For a majority of consumers looking for a good meal at a reasonable price, almost nothing beats a good sandwich. It’s a simple proposition that Goodcents has capitalized on for over three decades. Whether dine-in, take-out or delivery, this brand’s subs, salads, soups and pastas have satisfied the appetites of the American public. Built on flavor, freshness and a strong connection to the local communities it serves, Goodcents is a brand that never stops innovating. After spotting an opportunity to add convenience to their menus, the brand successfully rolled out its innovative line of “Goodcents-to-Go” ready meals.
Long live France!
Not all fast-casual haunts are created equal. Some are not even traditional restaurants, but have found the perfect niche in the market. That’s right, with Paris Baguette, you can own and operate your very own bakery-café. This is a brand that has grown tremendously over the past three decades, now topping over 3,700 locations nationwide, up 10.6% in the last three alone. years. Stats like these helped Paris Baguette earn a prestigious ranking on this year’s Franchise 500 list, ranking at No. 129.
As for the best franchise concepts by category, Entrepreneur got you covered. We have business opportunities to share in over a dozen industries. Everything from automotive, home services and childcare to food, health and beauty, and everything in between. To see what’s in our franchisor database, be sure to check out Entrepreneur Best of the best rankings.
Related: Entrepreneur 2022 ranking of the best food franchises