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Franchise is such a business that you need not start by scratch. All the ground work is already done for you by the people who own that business. Being a franchisee of any business, you have right to their branding, advertising, knowledge and other things required to run that particular business. Concept of franchise basically originated in America and there are numerous franchise businesses operating successfully in America. Franchise business is not limited to USA only. There are hundreds of franchise chains all over the world. Among these many are such which operate internationally in many countries. Entrepreneur magazines, every year list out top franchisee all over the world and this list are called as the "Fortune 500". This list is regardless of industry they belong to. These are the franchise companies who are topping the list year after year for their excellent services and products, satisfied customers and highly committed franchisees. Here we have a list of top franchise which operates globally.
This is the number one franchise company on the Fortune 500 list. This company is reputed for providing healthy and fresh food at the most affordable and reasonable prices. It started franchising in 1974 and has grown to thousands of franchisee in many countries all over the world. There is a franchise fee of $15,000 with 8% royalty every year on gross sales.
This is one of the world's largest fast food chains. It was started by ray Kroc and was a modest California hamburger joint. McDonald's has been an innovator of new ideas in terms of service and menus and other aspects of the business. It has introduced things like drink tops, kid's meal and more. Along with franchise fee of $45000, it charges ongoing royalty of 12.5% on gross annual sales.
Sonic Drive-In Restaurants
Sonic Drive-in restaurant is among the top franchise company. It was started in 1954 as a root beer stand. It charges a franchise fee of $45,000 and a royalty of 2 to 5% on gross annual sales. It has its franchise in countries like USA, Canada, New Zealand and Australia.
InterContinental Hotels Group
This is the largest hotel chain in the world. The name, InterContinental, is also perfect as this hotel is located in most of the big cities in the world like London, Paris, Cairo, Vienna, Delhi, Nairobi, and many others. This flagship company includes brands like Holiday Inn, Candlewood, Crown Plaza and Staybridge.
Ace Hardware Corp.
This is the chain of hardware stores which offers large range of products and the helpful personnel who can help you out with a paint or repair project or any other. Though company was started in 1924 but its franchise operations started only in 1976. This is quite an expensive investment.
There are many other popular and successful franchises which are listed in Fortune 500 listing of global franchises.