Choosing a new quick service restaurant (QSR) brand for your portfolio can be overwhelming. With so many popular, trusted brands, how do you determine the next best franchise to invest in? It comes down to a number of factors, including the market in which you’re planning to grow and what the brand itself offers franchisees.
Learn more about what you should be looking for in a smart QSR opportunity– and how an investment in the pizza industry fits the bill.
What to Look for When Choosing a Franchise
When you’re looking to grow your franchise portfolio, you have a lot of choices. Narrowing them down to find the right investment for your goals can be a challenge. As a rule, the best franchises to invest in all have these qualities.
- Proven business model: A proven franchisor has honed their systems and processes over time to maximize your success. When interested in multi-unit franchising, you’ll want to make sure the business model is designed for easy scalability.
- High brand recognition: Partnering with a well-known brand makes it easier to attract customers from day one. When people in your area already know your brand, they’re more likely to take a chance on you.
- Best-in-Class Support and Resources: Reputable franchisors believe that your success is their success. A brand worth investing in provides all the tools you need to succeed, including robust training, support systems, and resources for every step of the franchising journey.
- Market Demand: Do thorough market research to learn more about the needs and wants of the area you’re interested in, then examine the existing competitors. For example, if your area already has multiple fried chicken chains, it’s not the right place to open a similar one.
- Strategic Add to Your Portfolio: In addition to the qualities above, you also want a franchise brand that will enhance your existing portfolio. With complementary brands, you’re able to create synergies and improve operational efficiency in a way that’s great for growth.
A Closer Look at the Pizza Industry
There’s a good reason why investors choose franchise brands in the QSR industry: they’re profitable. With an estimated market size of $257.19 billion and a continuous annual growth rate of 5.1% expected through 2027, investments in the QSR industry are a stable, smart choice.
Within QSR, the pizza industry is experiencing similar stable growth. No matter where you are in America, pizza is always a crowd-pleasing choice, and it shows in the strength of the market. Valued at just over $50 billion for 2024, the U.S. pizza market continues to thrive even as competition within the industry increases.
When entering the pizza industry, choosing a brand as strong as the market itself is a must.
Making the Smartest Pizza Franchise Investment
Pizza franchises are among the best franchises to own with low investment. Hungry Howie’s startup costs, initial investment costs, and ongoing fees are comparable to the rest of the industry. What makes Hungry Howie’s one of the best franchises to invest in is our path to profitability.
Unlike other pizza franchise brands, Hungry Howie’s has always been delivery-first. That gives our restaurants a smaller operational footprint, lower labor costs, and a higher sales-to-investment ratio than our competitors. This makes Hungry Howie’s franchises easy to scale and manage for multi-unit operators.
Who We’re Seeking
Over the years, we’ve learned that certain qualities set franchise owners up for success in the Hungry Howie’s system. Character matters just as much as financial qualifications – though we have those, too. Learn more about whom we’re seeking and the financial requirements of owning a Hungry Howie’s franchise, as well as our franchise onboarding process.
Partner With a Top QSR Franchise
Our commitment to support, scalability, and your success makes Hungry Howie’s one of the best restaurant franchises. Now’s the right time to bring our fast-growing pizza brand to your portfolio. Submit our online form to get started today.
