Hot Franchise Industries to Look Out for in 2023
Let’s take a look at which industries are here to stay and grow in 2023.
Health and wellness: This includes franchises in the fitness, nutrition, and health care industries, as well as franchises that offer services such as massage therapy and personal training. We’ll be seeing a lot more in terms of infrared saunas and maybe even cold plunge rooms!
Home services: This includes franchises in the home cleaning, remodeling, and maintenance industries, as well as franchises that offer services such as lawn care and pest control. Most of these have lower costs as they are service-based and do not have physical retail stores.
Senior care: This includes franchises that offer services such as assisted living, home care, and memory care for seniors.
Pet-related services: This includes franchises that offer services such as dog daycare, pet grooming, pet sitting, and pet retail. Check out emerging franchisors in this category that are changing the game of the outdated traditional warehouse model.
Food & Restaurant: Fast food and quick service restaurants, casual dining, and food trucks/catering will continue to be popular franchise industries in the future. Now the real question is here.. are the cookies a trend or here to last?
As always make sure to research and do due diligence before investing in a franchise.
