The first months of 2023 saw the emerging brands in Fransmart’s portfolio take big steps forward. Read on to learn more about some of the fastest growing franchises in the country.
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There’s never been a better bet to build your wealth than through franchising. After a few long years of dining at home and shopping online, consumers are returning to brick-and-mortar restaurants and retail locations in droves.
According to a recent Axios article, reservations and dining-out numbers were slightly above pre-pandemic levels, reflecting the obvious urge of the American public to ‘get back to normal.’
As Fransmart CEO and franchising expert Dan Rowe recently detailed in Entrepreneur, finding an emerging brand that’s built to scale is the best way to capitalize on the public’s increasing interest in dining out and shopping in person. Fransmart’s portfolio of category-leading brands features some of the fastest growing franchises in dining and retail – as evidenced by these brands’ massive growth in the first few months of 2023.
Here are some major highlights:
PayMore
There’s no electronics retail franchise in the country that’s growing like PayMore. The revolutionary buy/sell/trade electronics retailer offers franchisees a low-stress model with incredible unit economics.
In Q1, PayMore signed 11 new multi-unit franchise deals, an increase of 230% of stores in development across the country. This is unprecedented growth in any industry. The key to PayMore’s franchise development success? It’s proven business model is built to scale.
In fact, 70% of unit-level sales are generated from PayMore’s ecommerce platform, a unique opportunity for franchisees to generate revenue beyond business hours and traditional brick and mortar. What’s more, most retail models don’t offer franchisees the opportunity to enjoy the benefits of online retail sales.
While the emerging brand is in high growth mode, now is the time to secure your territory while there’s still inventory available. You can learn more about PayMore here.
JARS by Fabio Viviani
The nation’s only dessert-in-a-jar QSR hit a major milestone in March of 2023 with the opening of its flagship store. JARS’ Chicago flagship location garnered massive attention and traffic in its first weeks – with hundreds of customers clamoring for a taste of celebrity chef Fabio Viviani’s newest culinary adventure, producing hundreds of catering and group orders.
The successful grand opening has made waves across the country, drawing new deals in St. Louis and Phoenix. The brand now has more than 60 stores in development from coast to coast, with new locations opening this year throughout Texas and California.
Why is JARS closing deals like Don Draper? Franchisees want to get in early on a concept that’s easy to staff, train, and operate. Fabio Viviani, the celebrity chef and restaurant mastermind who designed the concept has cracked the code on QSR operations and given franchisees a brand that’s a dream to operate.
If an easy-to-operate, high-traffic, high-volume dessert concept sounds delicious to you, you better secure your territory now. JARS is a hot concept in a hot category – an entrepreneur’s dream. It won’t be long before JARS is a household name.
GLO30
GLO30 hasn’t just changed the facial skincare game, the doctor-founded skincare studio has also changed the face of franchising with its proven subscription-based business model focused on a single service. Since announcing its franchise development plans earlier this year, demand for the category has proven to be at an all-time high. Just a few weeks ago, GLO30 announced expansion into Florida in a deal that will bring them just outside of Disneyworld in Orlando, FL.
Even more impressive is GLO30’s investment in its corporate store growth. GLO30 is also set to open their fifth corporate store – but this one is special. The DC-based brand will open doors on a new location in the brand-new headquarters facility for Amazon. Handpicked by the online retail giant to have a home in the state-of-the-art building, GLO30 is the skincare brand that’s in demand.
GLO30 hasn’t just revolutionized skincare with their GLOria system that created custom facial treatment plans for each member. They’ve also revolutionized the wellness franchise model. Franchisees are raving about the model because of its streamlined labor model that eliminates overscheduling, a subscription model that keeps revenue coming in even when the doors are closed, and a retail line that increases the lifetime value of guests and creates another revenue stream for owners.
GLO30 is in the nation’s most in-demand category and audience segment – a single-service concept appealing to every kind of entrepreneur. From doctors to those passionate about wellness to restaurant franchisees looking to diversify their portfolio with a low startup, high revenue model – this brand is marching fast to 1,000 nationwide locations. You can invest in the most exciting emerging brand in all of health and wellness – don’t miss the opportunity to secure your territory today.