Here are some of the best franchise opportunities to consider in Canada, along with their costs and other details:
- Tim Hortons
- Investment cost: $500,000 – $1,000,000 (depending on location and size)
- Franchise fee: $35,000
- Royalty fees: 4.5% of gross sales
- Other details: A well-established brand known for coffee, donuts, and other breakfast items. Strong brand recognition and consistent customer demand.
- McDonald’s
- Investment cost: $1,000,000 – $2,000,000
- Franchise fee: $45,000
- Royalty fees: 4% of monthly sales
- Other details: Global leader in the fast-food industry with extensive training and support for franchisees.
- Subway
- Investment cost: $150,000 – $300,000
- Franchise fee: $15,000
- Royalty fees: 8% of gross sales
- Other details: Low-cost investment with a fast-growing network of franchisees in Canada. Focus on healthy and customizable fast food options.
- The UPS Store
- Investment cost: $150,000 – $250,000
- Franchise fee: $29,000
- Royalty fees: 5% of gross sales
- Other details: A service-based business providing shipping, printing, and other small business services. Suitable for those with customer service-oriented skills.
- RBC Royal Bank
- Investment cost: Varies significantly based on location and services offered
- Franchise fee: Not applicable (banking branches typically managed directly)
- Other details: Becoming a financial services franchisee is an option with RBC, offering various services that cater to both personal and business clients.
- Moe’s Southwest Grill
- Investment cost: $600,000 – $800,000
- Franchise fee: $40,000
- Royalty fees: 5% of sales
- Other details: A fast-casual restaurant offering fresh, flavorful Southwest cuisine. Strong support and training provided to franchisees.
- Menchie’s Frozen Yogurt
- Investment cost: $350,000 – $500,000
- Franchise fee: $25,000
- Royalty fees: 6% of sales
- Other details: A growing self-serve frozen yogurt brand with high demand in the wellness and dessert sectors.
- Mr. Lube
- Investment cost: $300,000 – $500,000
- Franchise fee: $30,000
- Royalty fees: 6% of sales
- Other details: Offers quick automotive service, primarily oil changes and maintenance. A solid choice for those interested in the automotive industry.
- Pizza Pizza
- Investment cost: $300,000 – $500,000
- Franchise fee: $20,000
- Royalty fees: 6% of sales
- Other details: A Canadian pizza chain that offers both in-store and delivery services. Offers a flexible business model with multiple options for franchisees.
- Boston Pizza
- Investment cost: $1,000,000 – $3,000,000
- Franchise fee: $50,000
- Royalty fees: 6% of sales
- Other details: A popular Canadian casual dining restaurant with a well-established menu and a large customer base. Requires significant investment but has a large-scale presence.
- Second Cup
- Investment cost: $300,000 – $500,000
- Franchise fee: $30,000
- Royalty fees: 6% of sales
- Other details: A Canadian coffee chain offering high-quality coffee and beverages. Ideal for those with a passion for coffee culture and community-driven businesses.
Disclaimer: This list does not guarantee the accuracy of information and should not be considered a comprehensive guide for purchasing a franchise. Always verify with the franchisor before making investment decisions.