Franchise Development Business

Business Idea: Start A Franchise Development Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$505K
Avg Startup Costs
$11.7K
Market Size
Avg Revenue

Franchise development is a highly profitable business that involves helping successful businesses expand their operations.

As a franchise developer, you play a crucial role in identifying promising brands, creating replicable systems, and recruiting franchisees to establish new outlets.

This entrepreneurial venture can be a lucrative side hustle or a full-time opportunity. It involves collaborating with business owners to transform their success into a franchise model, offering aspiring entrepreneurs a proven blueprint for success.

By providing training, support, and ongoing guidance, you enable others to realize their business dreams while generating income through franchise fees and royalties.

As a franchise developer, you have the opportunity to make a significant impact on the success of both established and emerging businesses while benefiting from a profitable career.

Revenue & Profitability

How much do franchise development businesses make?

Examples Of Successful Franchise Development Businesses

Successful franchise development business businesses and case studies

This case study follows the founder of Busch Global, a uniquely oriented franchise sales organization, as he details how he transitioned the company to focus on growth and networking, and offers advice for aspiring entrepreneurs looking to find success.

$1M Monthly Revenue
$20K Startup Costs
Read by 7,548 founders

Andrew Hoffman founded My Franchise Partners, a $15-20K/month consulting agency helping individuals to educate themselves before investing in a franchise, using in-depth research, analysis, and due diligence to match franchise options at all investment levels and in every industry.

$10K Monthly Revenue
Read by 4,312 founders

See full list of successful franchise development businesses.