Fitness: Fitness is a broad category that includes some of the most modern franchises today. This industry realizes an incredible $24 billion in annual revenue
Information and Impact of Revenue Streams for Industry Segments
Home Services: Cleaning, Restoration and Home Improvement franchises are one of the largest segments in franchising. Many are needs based and are therefore recession and pandemic resistant.
Business Services: Business Services is an excellent segment for individuals with a strong business background. Their professional experience and business connections can be tremendous assets.
Health and Wellness: This industry includes Beauty and boasts more than $60 billion in annual revenue. Many franchises in this segment allow for semi-passive ownership.
Senior Care: Senior care franchises are great for people that want to make an impact on their community. This segment is personally rewarding and allows the franchisee to feel great about improving the quality of life for others.
Children: Child-care, tutoring and sports franchises enable franchisees to be financially rewarded while making a difference in children’s lives.
Automotive: Automotive is a $43 billion industry. Many franchisees are multi-unit owners and “manage the manager”.
Food: The restaurant industry was impacted by the pandemic in 2020/2021 but revenues are still expected to be more than $650 billion in 2021.
Pets: People spend more than $100 million a year on their pets. From pet supplies to training to pet daycare, this is a strong industry for franchisees that are passionate about animals.