Industry Overview
Franchise North America offers Retail franchises in all regions of the United States. We only offer those franchises for sale that meet our high internal standards of excellence, integrity, and quality.
The world of retail is a vast place, much larger than the clothes and groceries that might immediately come to mind. If a product can be sold, there's probably a store somewhere specializing in selling it. And if there's a store selling it, it's likely there's a franchise opportunity in that field.
Because of overhead costs of merchandise and retail-specific requirements, retail franchises typically cost more than the average franchise. However, with captive customers coming to your locations, you don't need to be involved as much in outside sales and cold calling. Location is extremely important. Most retail franchises help their owners make an effective real estate decision in order to assure success.
Retail works so well in franchising because the inherent advantages of franchising: brand recognition, co-op advertising, proven inventory systems, co-op buying power, real estate services, on-going product innovation, and much more.
Facts about Retail franchises
- Nearly 50% of all retail dollars spent nationally in the U.S. are with a franchise business
- The total investment required by a retail franchise ranged from $130K to $249K according to a survey by the International Franchise Association
- Retail franchises account for 11% of all franchises available; second largest segment behind Fast Food at nearly 20%
Lifestyle Considerations
- Retail work hours and days can be demanding; especially during the holidays
- No industry experience is typically required; however experience can speed start-up results
- Most concepts will be looking for management skills and the ability to recruit and motivate employees
- Owners with limited or no outside sales experience should consider retail concepts
- Many concepts look for owners interested in owning more than one outlet