Philadelphia, the most populous city of Pennsylvania, has always been a centre of innovation and growth. The city has an excellent job and business environment with manageable tax rates and strong local government support.
The entire state of Pennsylvania is home to 1 million small businesses that employ around 2.5 million people. The state also boasts the 6th largest economy in the country. Philadelphia is also known as the City of Brotherly Love, especially evident in its business-friendly environment.
If you decide to start a Franchise, now is the right time, with many profitable franchise opportunities for sale in Philadelphia. Owning a franchise is an easy way to become an entrepreneur with fewer risks than starting your own company.
Franchises do not fail because they start on a bad idea, instead, it is because entrepreneurs are not aware of how and why to become a franchise owner. That being said, with 3,800 different franchises in America, conducting business in 29 sectors across more than 225 subsectors, choosing the right one for you is the biggest decision.
Fransmart helps entrepreneurs find and establish their franchise units. With more than 20 years of experience and 5000 franchise setups, we can help you find the best opportunities. We thoroughly vet each franchise we represent and keep up to date on trends within the industry.
Top Franchise Opportunities in Philadelphia
Philadelphia already has too many franchise outlets of mature, well-known brands in all industries from cleaning to fast-casual restaurants. There is no room in this saturated market for a new franchisee to make money. Additionally, the cost to start such a franchise unit does not justify the meagre return on investment you get on them. Instead, new franchisees should consider an emerging brand, where prime territories like Philadelphia are still available, start-up costs are lower and there is ample time and opportunity to see high ROI.
Some of the top franchise opportunities for Philadelphia with high success rates are:
1. Curry Up Now – Hottest Selling Indian Franchise opportunity in Philadelphia
This fast-growing Indian fast-casual chain is known for its vegetarian and vegan Indian recipes and unique fusion menu. Curry Up Now and its fun menu items like Naughty Naan and Indian burritos are making a big splash in the fast-casual market. Curry Up Now has an innovative spin on its cuisine and operating technique, making it more profitable than others.
Buying a Curry Up Now franchise is the best opportunity to tap into the thriving ethnic cuisine market. With their upbeat vibe, Instragamable food items and fantastic taste they instantly create loyal customers.
By using a co-packaging company, a trained Indian chef is not necessary.
Total Investment for Curry Up Now Franchise
- Initial Investment: $392,000 – $1,671,500 (multi-unit)
- Franchise fee: $35,000
- Franchise Owner Income: Click here to know how much Curry Up Now franchise owners can make.
2. Taffer’s Tavern: Full-Service Restaurant Franchise Opportunity in Philadelphia
The newest, most innovative full-service restaurant franchise concept is now available in Philadelphia. Taffer’s Tavern is a chain from bar and restaurant celebrity, Jon Taffer, who has meticulously created an upscale gastropub menu, an eye-catching ambience, and a technology-driven process. The restaurant, with a robotic kitchen, vacuum-sealed food, app-ordering and a to-go food locker system is a promising opportunity for franchise owners looking for the most innovative full-service concept in decades.
The existing happy franchise owner of Taffer’s Tavern enjoy high profitability by saving costs because of simplified cooking techniques and minimum food preparation time. This can be a productive and helpful franchise opportunity in Philadelphia
Total Investment for Taffer’s Tavern Franchise
- Initial Investment: $1,183,000 to $2,203,000 (5 Units)
- Franchise fee: $50,000
- Franchise Owner Income: click here to know how much Taffer’s Tavern franchise owners can make.
3. Brooklyn Dumpling Shop: Fast Casual Franchise Opportunity in Philadelphia that is Tech Forward
After the pandemic, proper sanitization and taking extra precautions while preparing or serving food has become the utmost priority of every fast-casual restaurant. Brooklyn Dumpling Shop has developed a technology that is touchless and contact-free. They installed an automated kiosk that can efficiently prepare hot and fresh dumpling on request and serve it.
Even after using such an advanced system, the Brooklyn Dumpling Shop franchise is not expensive and gives better ROI to its franchise buyers.
The Brooklyn Dumpling Shop is an award-winning concept that is growing rapidly throughout the country. It is a 24-hour serving business that serves its customers using an automatic concept. The brand also sells frozen Brooklyn Dumplings to many big-box retailers across the country to increase brand awareness and revenue streams. This can be a cost-effective franchise opportunity in Philadelphia.
Total Investment for Brooklyn Dumpling Shop Franchise
- Initial Investment: $348,500 – $663,000 (multi-unit)
- Franchise fee: $40,000
- Franchise Owner Income: click here to know how much Brooklyn Dumpling Shop franchise owners can make.
4. Rise: Perfect for work/life balance
Rise, America’s hottest franchise is a fresh restaurant concept that revolutionizes how people think about dining. By bringing together high-quality ingredients with contactless kiosk, ordering, and food locker technology, Rise customers enjoy a safe, seamless experience, while franchise owners are reaping strong sales and profits.
- Rise serves breakfast and lunch and is an excellent option for becoming a franchise owner who wants work/life balance.
- They have unique management and franchising development strategy where the franchisor does all the hard work for the franchisee and then hands them a profitable business with little cost.
Total Investment for Rise
- Initial Investment: $420,500 – $598,500 (3 restaurants)
- Franchise fee: $35,000
- Franchise Owner Income: Click here to know how much a Rise franchise owner can make.
5. PayMore – Fastest Growing Used and New Electronics and Gaming Store
The PayMore franchise is a recession-proof business that capitalizes on the fact that everyone uses a host of electronics today. It’s a great franchise opportunity in Philadelphia for tech lovers to marry their passion with a career.
This is a very unexplored niche in the franchise industry with top territories like Philadelphia and other tech-focused markets still available. With people more open to used devices, and looking for an outlet to sell their old electronics, PayMore has seen increased profits.
Total Investment for PayMore Franchise
- Initial Investment: $184,050 – $299,950 (multi-unit)
- Franchise fee: $30,000
- Franchise Owner Income:
With Adjusted Operating Income – $288,311*
Gross Sales— $2,334,054.72
Adjusted Operating Income for A Franchise Store— $272,602.30
In Philadelphia’s business environment, owning a franchise can be very lucrative, provided you know which industry and brand to invest in.
The mentioned above franchise opportunities in Philadelphia has proven to be a much better investment option for your time and money, yielding a better ROI. For more information and to learn about these franchises, contact us now.