Most Canadian Popular Franchises

 Do you dream of being a franchise owner? Scope out this list of the most popular brands over the past decade — and how well their owners have done at repaying startup loans backed by the  Canada Small Business.

Tim Hortons Inc. (TSX: THI, NYSE: THI) is a Canadian fast casual [3] restaurant known for its coffee and doughnuts. It is also Canada’s largest fast food service with over 3000 stores nationwide.

Tim Hortons has one of the most successful marketing operations in Canada, approaching the level of a symbol of national identity. With powerful and effective branding, the store has established itself in the top class of fast-food restaurants in Canada.

Dollarama & Great Canadian Dollar Store

Dollarama is a chain of over 652 dollar stores across Canada. The company is headquartered in Montreal and is Canada’s largest retailer of items for 2 dollars or less, since 2009. [2] Many of its stores are located in the province of Quebec where the chain first began. The first Dollarama store was created at the shopping centre “Les promenades du St-Laurent” in Matane. Dollarama now has stores in every province of Canada, with Ontario having the most stores.

 7-11 Convenience Store: 7-Eleven offers an extended hour, retail convenience store, providing groceries, take out foods and beverages, dairy products, non-food merchandise, specialty items and selected services which emphasize convenience to the customer.

Burger King Corporation 
Fast food hamburger restaurants. Home of the Whopper and chicken sandwiches, fish sandwiches, and salads.
 
Total Investment  $1,000,000
Minimum Cash Required

 Second Cup: is Canada’s largest Canadian-based specialty coffee retailer, operating more than 360 cafés across Canada.[1] Founded in 1975 by Tom Culligan and Frank O’Dea, Culligan eventually purchased O’Dea’s shares. After building it to a 150-store chain, he sold it in 1988 to Michael Bregman.

 Mary Brown’s is a Canadian fast-food restaurant chain most popular for its Big Mary sandwich, chicken and ‘taters’ or potato wedges. Its process involves marinating chicken for up to 48 hours prior to cooking. The company has 83 locations in Canada: 38 in Newfoundland and Labrador, 30 in Ontario, 12 in Alberta, and three in Nova Scotia. It advertises using the slogans Now we’re talkin’ chicken!!!  Famous chicken & taters!
Subway. Home of the $5 footlong sub, Subway is the biggest fast-food chain in the world, with almost 33,000 outposts in 91 countries.

The initial franchise fee startup is $15,000, a fairly low sum compared to other brands.

The combination of global branding, minimal upfront outlay of cash, and low loan default rates have made Subway the most popular brand in the last decade for entrepreneurs looking to open a franchise, according to the SBA’s lending data.

Quiznos. The shop known for its toasted subs looks like a riskier investment than its formidable competition, Subway: One in four franchise owners was unable to make good on their SBA-backed loan.

The typical startup fee for a new Quiznos franchise is $25,000, but in an effort to add stores to its 5,000-member army, Quiznos announced last week that it would slash that upfront cost to $5,000 for entrepreneurs who already have restaurant management experience.

The UPS
UPS scooped up business services and shipping center Mail Boxes Etc. in 2001 and promptly rebranded almost all of the locations as The UPS Store

 Dairy Queen

Dairy Queen celebrates its 70th birthday this year, and its famous Blizzard treat — blended soft serve ice-cream with candies, cookies and fruits — turns 25.

Berkshire Hathaway, the company run by legendary investor Warren Buffet, acquired the iconic company in 1998. Today, it boasts 5,700 locations around the globe and a single-digit failure rate for its SBA-backed franchise loans, making it one of the safer investments in the food franchise market. A first-time owner will face a $35,000 initial license fee.
 Days Inn
Days Inn is another member of the Wyndham Hotel Group’s franchise family. Launched in 1970, the chain currently boasts 1,900 hotels throughout 15 countries.

 

Curves for Women

Women like the “no makeup, no men, and no mirrors” philosophy and 30-minute workout regime: Curves has grown exponentially since its first location launched in Texas in 1992. It now claims 10,000 locations in 70 countries and 4 million members.

The overhead costs are pretty low, but the investment can be risky. Curves’ fast expansion goes hand in hand with a relatively high churn rate, and almost 16% of its SBA-backed franchise loans this decade failed. The company topped Entrepreneur magazine’s annual “fastest-growing franchises” list in 2003 and 2005, but this year, it didn’t make the top 100.

Mr Lube is a Canadian chain of automotive service centres, specializing in oil changes and other scheduled maintenance. It has almost 100 locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick and Nova Scotia. It was founded in 1976 by Clifford Giese, who opened its first location in Edmonton, Alberta. Mr. Lube is the largest quick oil chain in Canada.

TWO MEN AND A TRUCK  is a franchised moving company, headquartered in Lansing, Michigan, with franchises in 32 states in the United States, as well as Canada and Ireland. The company is the largest franchised moving company in the United States. It has more than 200 locations.

  Internet Franchise WSI 
Over a decade of successful franchising and another new record; WSI ranks among the Top 50 companies listed in the 2006 Entrepreneur Magazine’s Annual Franchise 500 – the franchise industry’s equivalent of the Fortune 500 public index. For the sixth consecutive year, WSI has maintained its position as the world’s #1 Internet and Technology Services Franchise.

WSI also holds the singular distinction as the only Canadian company in the Entrepreneur Magazine’s list of Top Ten Global franchises offering international opportunities.

 

 

 

Marisol Diaz  is  an experienced workshop presenter, specialized information publisher, and  a SOHO specialist. She also  has been writing on Canada settlement and  immigration law since 2006. contact her @ hinenisyndicator@gmail.com. You can improve your Canada job search through the   Canadian database  for Int’l  Professional or Hineni CED ,  a Paid Content   or Informational Services site run by Hineni Media.

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