Given how tumultuous the retail industry can be, investing in a franchise opportunity is risky.
Earlier this year, Entrepreneur.com compiled a list of the top franchises in the world.
We identified the top 26 retail franchises that made the list, ranging from fast casual eateries to convenience stores.
Check out the top-ranking chains.
Hayley Fitzpatrick contributed to this story.
Number of franchises: 1,121
Cost to open a franchise: $US135,700-$US472,200
Why it's hot: Yogen Fruz has a large global presence with more than 1400 locations in over 46 countries. The healthy frozen yogurt is growing fast because of the company's respected reputation.
Number of franchises: 1,396
Cost to open a franchise: $US413,300-$US1.3 million
Why it's hot: Church's is one of the largest chicken chains recognised around the world. The company is aiming for widespread, rapid growth, so they really support their franchisees. Church's encourages those with an entrepreneurial spirit to join.
Number of franchises: 489
Cost to open a franchise: $US187,500-$US314,980
Why it's hot: Pita Pit is a healthier spin on fast-casual. The company has experienced tremendous growth in recent years due to its abundance of nutritious options. The investment required to open a Pita Pita is inexpensive when compared to other fast food restaurants, which draws franchisees in, according to Franchise Chatter.
Number of franchises/co.: 11,310
Cost to open a franchise: $US216,100-$US1.5 million
Why it's hot: Dunkin' Doughnuts is another company that's distinguishable worldwide. With coffee being such a large commodity in the world, these franchises succeed in most cases. Brand loyalty is at its peak with the chain's customers as well.
Number of franchises/co.: 3,924
Cost to open a franchise: $US129,900-$US844,200
Why it's hot: Papa John's is planning major international expansion, which is attracting entrepreneurs. The business has been reporting strong sales lately, which brings in people looking to invest in the company and become a part of the Papa John's family.
Number of franchises/co.: 5,093
Cost to open a franchise: $US211,500-$US1.6 million
Why it's hot: Circle K is an international convenience store chain that allows its franchisee owners to customise their individual quick service restaurants. The company stocks many popular brands and offers its franchisees support in business and marketing systems among other services.
Number of franchises/co.: 29,544
Cost to open a franchise: $US1 million-$US2.3 million
Why it's hot: McDonald's is one of the most popular fast-food chains in the world. The extensive training and support from the company brings in many franchisees looking to be a part of the dynasty.
Number of franchises/co.: 13,846
Cost to open a franchise: $US1.3 million-$US2.5 million
Why it's hot: Like McDonald's, KFC is a world-renowned company. Recently the chain been shaking up its menu and expanding, helping it to gain plenty of media attention. This brings in entrepreneurs looking to take part in the innovative time for the company.
Number of franchises/co.: 42,227
Cost to open a franchise: $US116,600-$US263,200
Why it's hot: Despite the recent controversy surrounding the brand, the chain remains one of the leading global sandwich chains. The company started making its menu healthier in recent years, which is also helping to attract customers. It's expanding globally, and many look to be a part of this expansion.
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