8 Franchise Development Business Success Stories [2024]
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.
Here are some real life success stories of starting a franchise development business:
1. Busch Global ($12M/year)
John's passion for entrepreneurship and business growth motivated him to create Busch Global first as a franchise and a development partner. His early successes demonstrated the potential of franchising, inspiring the business idea.
How much they make: $12M/year
How much did it cost to start: $20K
Current team size: 0
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.
2. My Franchise Partners ($120K/year)
Andrew Hoffman came up with the idea for My Franchise Partners after exploring various business opportunities and being drawn to the franchise world. With his background in finance, operations, and business development, he saw the potential to help entrepreneurs make informed decisions and find the right franchise for them through in-depth research and analysis. His focus on delivering outstanding service has allowed him to grow his business through referrals and collaborative partnerships.
How much they make: $120K/year
Current team size: 2
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.
So... can you actually make money with a franchise development business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
So... can you actually make money with a franchise development business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
6. Wyndham Franchise Opportunities
Leverage the scale and support of the world's largest hotel franchising company. Diverse Portfolio. Exceptional Support. Global Scale.
Where they're located: Nashville, Tennessee, USA
7. Franchise India
Franchise India provides franchise opportunities, business opportunities, business ideas,best business in India and buy Franchise in India with affordable range.
Where they're located: New Orleans, Louisiana, USA
8. Franchising.com
Where they're located: Nashville, Tennessee, USA
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
