5 StarsThe 35th annual Franchise 500, compiled by Entrepreneur.com  reveals the top performers in franchising for 2014. Jumping to the number one spot is Anytime Fitness, a 24-hour gym franchise. The company was ranked #6 in 2013, a remarkable climb considering it first opened its doors in 2002. Based in Minneapolis, the company now has nearly 2,500 units, and boasts 1.9 million members. Over the next 5 years, another 1,500 units are expected to open. The average start-up costs range from $56K-350K.

The top 10 franchises, including average start-up costs are shown in the table below.

2014 Franchise 500 Top 10

The economic outlook for franchising in 2014 is strong, with the IFA expecting the number of franchise establishments to increase by 1.7% in the United States, reaching an estimated 770,368. Having the right tools to maximize territories for new establishments is a key strategy for success. If you’d like to learn more about our territory mapping software, we’re here to help.