These 9 fastest growing franchises in the US earn 6 figures annually. Here's how much it costs to own one.

  • There is a lot more to franchising than just fast-food restaurants. In fact, there are franchise opportunities in more than 300 different industries.
  • The fastest growing franchise segment is 'personal services', which includes fitness and education.
  • Business Insider took a closer look at Franchise Gator's top nine fastest growing franchise brands for which you an become a business owner in a growing industry.
  • Franchise expert Rick Bisio consulted on the algorithm, which ranks businesses by percentage of new locations added in the prior year, according to the company's franchise disclosure document.
  • Visit Business Insider's homepage for more stories.

 

Sources: Rick Bisio, Franchise Gator, Entrepreneur Magazine, Company Websites and FDD data.

9. Kidcreate Studio

Industry: Education

Available Geography: 46 states

Description: Mobile and storefront art classes and camps for kids

Initial Investment: $64,765 – $95,490 (mobile); $110,705 – $266,270 (storefront)

Current No. of Locations: 17

Average Sales Per Location: $466,044 (storefront)

Franchising Website: Kidcreate Studio Franchising

8. Hounds Town

Industry: Pet care

Available Geography: 36 states

Description: Dog boarding and day care

Initial Investment: $266,000 – $493,000

Current No. of Locations: 13

Average Sales Per Location: $893,531

Franchising Website: Hounds Town Franchising

7. British Swim School

Industry: Fitness club

Available Geography: US and Canada

Description: Swim lessons for adults and children

Initial Investment: $92,900 – $239,400

Current No. of Locations: 200

Average Sales Per Location: $447,391

Franchising Website: British Swim School Franchising

6. Mosquito Joe

Industry: Pest control

Available Geography: 45 states

Description: Home-based mosquito and outdoor pest management service

Initial Investment: $102,850 – $148,150

Current No. of Locations: 319

Average Sales Per Location: $100,000 (est.)

Franchising Website: Mosquito Joe Franchising

5. Made in the Shade

Industry: Home improvement

Available Geography: US and Canada

Description: Home-based window covering sales and service

Initial Investment: $49,000 – $54,000

Current No. of Locations: 103

Average Sales Per Location: $360,000 (est.)

Franchising Website: Made in the Shade Franchising

4. Class 101

Industry: Education

Available Geography: 40 states

Description: College planning for high school students

Initial Investment: $45,890 – $63,300

Current No. of Locations: 14

Average Sales Per Location: $100,000

Franchising Website: Class 101 Franchising

3. Destination Athlete

Industry: Sporting goods and apparel

Available Geography: 43 states

Description: Home-based sales of equipment and uniforms of youth and high school sports teams

Initial Investment: $30,000

Current No. of Locations: 139

Average Sales Per Location: $100,000 (est.)

Franchising Website: Destination Athlete Franchising

2. GymGuyz

Industry: Personal trainers

Available Geography: US and Canada

Description: Home personal training services

Initial Investment: $87,000 – $222,672

Current No. of Locations: 135

Average Sales Per Location: $207,534

Franchising Website: GymGuyz Franchising

1. Burn Boot Camp

Industry: Fitness clubs

Available Geography: 38 states

Description: Women-centered training gym

Initial Investment: $148,830 – $353,150

Current No. of Locations: 236

Average Sales Per Location: $460,700

Franchising Website: Burn Boot Camp Franchising

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