Franchises are a popular choice for investors today and the fast food franchise business in India are the most sought-after. The fast food sector is one of the fastest-growing in terms of franchises and revenues and this shows that there is a lot of opportunity for entrepreneurs.
Even within the fast-food industry, there is a clear leader: the burger franchise. Thanks to the recent trends and the busy lifestyles, burgers have become a choice of a staple for on the go food. This has led to several burger joints coming up everywhere, as people’s demand for a filling burger ceases to dip. Let’s take a look at the top five burger franchises that have hit it big amidst:
1) McDonald’s: One of the most popular burger restaurants, McDonald’s, has a worldwide presence. They have over 37,456 stores, out of which only 2,885 are company-owned, and the rest are franchises. They have done an excellent job of innovating with the time such as bringing in a healthier menu, removing high fructose corn syrup from the buns, and maintaining the right corporate image.
2) Burger King: Burger King is the second largest burger retail chain right after McDonald’s and enlists a whopping 16,767 chain joints. Starting in 1953 as InstaBurger King, this fast food chain has a worldwide presence with a highly popular menu. It is also listed in the Fortune magazine’s “100 Best Global Brands”.
3) Wendy’s: Wendy’s is another burger restaurant, which is also the third largest one after McDonald’s and Burger King. It is present in more than 6600 locations and has been franchising its outlets since 1971. Mostly known for its square burgers, sea salt fries, and the thick frosty frozen dairy dessert it was a consistent performer till the 1980s. It claimed worldwide fame and recognition after a set of ad campaigns that made it famous.
4) Sonic Drive-In: Sonic Drive-In Restaurants is the next name on this list and has been around since 1953 when it was started in Oklahoma. Franchising since 1959, it has the sixth rank on the Entrepreneur magazine’s Franchise 500 list. It has a total of 3593 locations out which, only 228 are company-owned. It is known for its quick service, delicious fast food menu, and the drive-ins and drive-thrus.
5) Hardee’s: The last name on this list is Hardee’s. It was opened in 1960 and ranks 9th on the Entrepreneur magazine’s Franchise 500 list. It has been franchising its joints since 1962 and has a total of 2,242, restaurants out of which only 118 are company-owned, and 318 are located outside USA. Hardees’ menu is highly popular both in and outside the U.S.A.
The demand for a delicious burger is on the rise, and these brands are leading the race. In order to mark a more significant presence and appeal to a broader customer base, these brands are not only focusing on the products but providing a fantastic franchise experience for the franchise owners. This leads to a better customer service, uniform brand image, happier business partners and satisfied customers.
