What are the largest franchises in the world? We decided to look into this and compiled a list of the largest franchises in the world. I wonder why 4 of these top 10 brands were founded in the 50s of the last century?
The largest franchises are mainly fast food outlets, which is not surprising given global economic growth. After all, wherever there is economic growth, hamburgers, chips and fried chicken appear.
Selling franchises is one of the most profitable businesses in the world for one simple reason. Both sellers and buyers benefit. After all, a franchise business is almost always successful and is guaranteed to bring good income. But there is one "BUT" - the franchise must be one of the top. If no one knows about a franchise, and it appeared recently, trust in it is low, and you can go bankrupt,
So which are the top franchises? Here's our list:
1. McDonald's
- Founded in 1954
- More than 33000 points
McDonald's is the world's largest franchise with a gigantic $ 89 billion in sales. Despite the growing competition, the franchise has held the first place in the world, at least since its first publication in 2000. Compared to McDonald's, it's bigger than Subway, KFC, and Burger King combined.
2.7-Eleven
- Founded in 1927
- More than 55,000 points
In the back of McDonald's is the 7-Eleven franchise with global sales of $ 84 billion and a confident second place in the ranking of the largest franchises in the world in terms of profit. It is also the world's largest chain of small grocery stores, located in almost every neighborhood in 16 countries.
3. KFC
- Founded in 1930
- More than 18 800 points
This fast food chain serves over 12 million people every day. The outlets are located in 115 countries. The parent company of Yum! has revenues in excess of $ 13 billion.
4. Subway
- Founded in 1965
- More than 42,000 points
In 1965, Fred DeLuca wanted to become a doctor, but he did not have enough money for education. then a friend suggested that he open a sandwich shop. Today, the company is the world's largest sandwich chain and the fourth-largest franchise in the world by revenues.
5. Burger King
- Founded in 1953
- More than 13000 points
Burger King (BK) is ranked # 6 in franchises with $ 16 billion in sales. The franchise owner, Brazilian investment group 3G Capital, aims for global domination, but is still quite far from the goal. However, the network is growing at a pretty impressive rate.
6. Hertz
- Founded in 1918.
- More than 11500 points
Hertz is the absolute leader in car rental. Hertz is the world's largest car rental business with $ 14 billion in sales and locations in 150 countries. Hertz centers handle nearly 40 million calls and provide 30 million vehicles annually.
7. Ace Hardware
- Founded in 1924
- More than 4800 points
Ace Hardware is ranked 7th in the franchise ranking with over $ 13 billion in sales. The company is named after WWI fighter pilots, fitting for the world's largest home improvement franchise.
8. Circle K
- Founded in 1951
- More than 8 200 points
Circle K, a chain of convenience stores, ranked 8th, displacing the Pizza Hut franchise in 2014. This is a real miracle, because the current retail giant went bankrupt in 1990. Now the franchise has sales of $ 12 billion. The Circle K franchise is owned and operated by Alimentation Couche-Tard, a Canadian firm.
9. Pizza Hut
- Founded in 1958.
- More than 14000 points
In 9th place is Pizza Hut, a brand owned by Yum !, which also owns Burger King. This fast food chain can be found in over 120 countries - from Lebanon to Luxembourg. Sales exceed $ 12 billion
10. Wendy's
- Founded in 1969
- More than 6500 points / li>
Wendy's is a popular franchise with an impressive $ 9 billion in sales. While there are no specialty specialties here, the chain is known for its square burgers, sea salt fries and unique ice cream.
