The “Best” Businesses to Buy In 2024 {Backed By Data}

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  • Опубликовано: 5 сен 2024
  • Thinking about buying a franchise in 2024?
    These are some of the "best" franchises in 2024 according to the data.
    Understand, that the word "best" is used lightly here.
    There is no one-size-fits-all best franchise. But, these franchises are some really great options going into 2024 with a lot of promising data behind them.
    #franchise #franchising #buyabusiness #entrepreneurship #entrepreneur
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Комментарии • 52

  • @TariqJohnson
    @TariqJohnson  9 месяцев назад +1

    Find out which franchises are available in your area www.franchiseempire.com/checkterritory

    • @sasaglumac1794
      @sasaglumac1794 9 месяцев назад

      I am familiar with crumble cookies. There is one 10 min from my home. I know about smashing my trash. I thought that dolly llama is interested, I went to the EU in London, and they have something similar. It was amazing. I'm still looking for the right fit for me.

  • @skoopqueen
    @skoopqueen Месяц назад +6

    I didn't become financially free until I was 40. As a US citizen, I got a home equity loan, which had a lower interest rate than other loans. By being patient and careful with my money, I reinvested my earnings and avoided making quick decisions. This approach helped me build my wealth, and I was able to buy my 3rd home and a new car. I really hope this motivates someone to know that it doesn't matter if you don't have any of these things yet; no matter your age, you can start today and change your future

  • @Dr.BBaniya
    @Dr.BBaniya 21 день назад

    Can you please do a video on The Joint Chiropractor please?

  • @Shellybelly377
    @Shellybelly377 2 месяца назад

    I’m looking at buying several locations. They are very profitable.

  • @Boostinfit
    @Boostinfit 4 месяца назад +2

    I have a jet ski rental company I am personally looking to franchise into Arizona and Florida. Given that my business is seasonal now in North Idaho. What franchise would be best to start in the winter? I am 17 and have about 80,000 in cash to start.

    • @Boostinfit
      @Boostinfit 4 месяца назад

      I have thought a lot about pediatrics given my mom is a pediatrician and medical director. But I have also been looking into homecare services such as snow removal, landscaping, etc.

    • @TariqJohnson
      @TariqJohnson  4 месяца назад

      Interesting. There’s a bunch. Reach out to us and we can help see what’s available in your market.
      www.franchiseempire.com/checkterritory

  • @michaelsaunders3874
    @michaelsaunders3874 7 месяцев назад +7

    Most crumbl owners are furious, trying to sell and complain of low to non existent margins. It's a hype brand not a sound business. As usual with most franchises they highlight their top 1% stores gross revenue. Open stores and sold territories do not mean profits for actual franchisees across the board.

    • @TariqJohnson
      @TariqJohnson  7 месяцев назад +1

      Interesting on Crumbl.
      Franchisors can’t legally highlight their top 1% of stores sales, or at least without disclosing it in their public filings.
      Most franchises you can see their public Franchise Disclosure Document and see what sales all the owners are producing as a whole.

  • @user-qx1qs8kc4l
    @user-qx1qs8kc4l 3 месяца назад

    Thanks for the info, Smash My Trash is intriguing.

    • @texasowl5356
      @texasowl5356 7 дней назад

      They are horrible. 30% of the market contractually doesn’t allow them in their dumpster. That’s about to roll over 40%. It’s not your asset, you are renting it.

  • @Vince1979Gator
    @Vince1979Gator Месяц назад

    I have a flooring business in Texas. I have been in business 8 years. i do between 2.8mm and 3.4mm. I'm running into cashflow issues. Perhaps interested in offering shares for financial assistance. How do i get from point A to point B? I've never used other peoples money for my venture before. Anyone interested?

  • @mekrobar7872
    @mekrobar7872 8 месяцев назад +2

    I've got a nice chunk of money and a great income. Always looking for somewhere to park my capitol some my money can make money. Curious about something like mail boxes etc or postal annex. Any idea if these are money makers? Thank you.

    • @TariqJohnson
      @TariqJohnson  8 месяцев назад

      In my experience they don’t have high enough average sales overall. Many owners are owner operators because their simply isn’t enough money in it to hire the labor they need.
      If you’re purely looking for a place to park money, franchising is not the place for that. The first 1-2 years you’ll need to put some solid work in.

    • @mekrobar7872
      @mekrobar7872 8 месяцев назад

      @TariqJohnson makes sense. I work a lot of hours at my business and really wouldn't have time to personally work at a new company. I also been looking into real estate or private money lending. Thank you for the advice.

    • @MarketingStrategies28
      @MarketingStrategies28 4 месяца назад

      ​​@@mekrobar7872I think a great business would be a badminton center.
      All bookings automated.
      One staff.
      Many upsells.
      I invest in fractions on realestate 18% no work needed

  • @PlanetMarsvideos
    @PlanetMarsvideos 3 месяца назад

    So it seems pretty straightforward to buying a franchise, and they all seem pretty profitable. So what's the hard part, or the "catch" to getting one?

    • @PlanetMarsvideos
      @PlanetMarsvideos 3 месяца назад

      Also what is the difference in the price of the franchise and the "franchise fee?" Is the fee the total cost of the franchise or is that an additional cost?

    • @TariqJohnson
      @TariqJohnson  3 месяца назад

      The catch is they are NOT all profitable. Gotta find the right ones.
      Franchisee fee is the upfront fee to to get access to their system. Total cost including a hiring, construction, permits, licenses, marketing, equipment, etc.

  • @swethar06
    @swethar06 6 месяцев назад

    @TarigJohnson can you suggest good franchises that are open in the Florida market.

    • @TariqJohnson
      @TariqJohnson  6 месяцев назад

      For sure. www.franchiseempire.com/checkterritory

  • @sasaglumac1794
    @sasaglumac1794 9 месяцев назад

    What do you think about Dolly Llama ? Thank you!

    • @TariqJohnson
      @TariqJohnson  9 месяцев назад +2

      Never heard of it, but food is low profit margins, high start up costs. Given I’ve owned food concepts, I’m not a fan.

  • @chrisstinson5658
    @chrisstinson5658 9 месяцев назад +1

    Is it possible to get a loan to open a franchise or is it not a smart idea.

    • @TariqJohnson
      @TariqJohnson  8 месяцев назад +1

      For sure, that’s what most people do. Here’s a video I made recently on how to get funding for franchises ruclips.net/video/VQhnGLuHDTs/видео.htmlsi=I-TFniGX922jLqR0

  • @Imanmohamed750
    @Imanmohamed750 6 месяцев назад

    What so the best franchise to open in the Middle East?

    • @TariqJohnson
      @TariqJohnson  6 месяцев назад

      I have no idea. I live in the US

  • @greenwichmusic6771
    @greenwichmusic6771 6 месяцев назад

    Are the crumble profits net or gross profits?

    • @TariqJohnson
      @TariqJohnson  6 месяцев назад

      Net

    • @MC-zj5rv
      @MC-zj5rv 5 месяцев назад +1

      Doesn’t matter… all SOLD OUT like you said. Then why even show us that one

    • @praveensg
      @praveensg 3 месяца назад +2

      The cookies will crumble soon. It's a trend.

    • @Shellybelly377
      @Shellybelly377 2 месяца назад

      What about an already opened Crumbl?

  • @MC-zj5rv
    @MC-zj5rv 5 месяцев назад +2

    Hahahahahahaha. Ok… You also say “Backed By Data” then proceed on your second “Best” Business to Buy explain that Kidstrong “did not disclose any sales information.” You’re killing me here.

    • @TariqJohnson
      @TariqJohnson  5 месяцев назад

      Who else made a video telling you these things? Focus on the positive dude. Why complain about what you didn’t get?

    • @MC-zj5rv
      @MC-zj5rv 5 месяцев назад +1

      @@TariqJohnson Hard to hear these straightforward truths but you’ll do better on your next video now I’m sure. You don’t want the guilt of wasting anyone else’s time like you did on this one.

  • @user-hp8xy1cr4b
    @user-hp8xy1cr4b 8 месяцев назад

    I think you mean 1891, not 1981 :)

    • @TariqJohnson
      @TariqJohnson  8 месяцев назад

      Ah, it’s highly possible. 😬 Which part did I say that?

    • @user-hp8xy1cr4b
      @user-hp8xy1cr4b 8 месяцев назад

      @@TariqJohnson :56 seconds in.

    • @TariqJohnson
      @TariqJohnson  7 месяцев назад

      Oh dang, good catch!!

  • @ColbyONE
    @ColbyONE 5 месяцев назад +1

    Let me guess. Your next video will be entitled “How to get rich by opening a Blockbuster franchise,” only to tell us that unfortunately, they are no longer in business.

    • @TariqJohnson
      @TariqJohnson  5 месяцев назад

      Good one?

    • @ColbyONE
      @ColbyONE 5 месяцев назад +1

      @@TariqJohnson Just explain to me how you entitle your video “The Best Businesses to Buy in 2024 Backed By Data” when one of those businesses you can’t get into and one of them YOU HAVE NO DATA!!!!!!!!

  • @MC-zj5rv
    @MC-zj5rv 5 месяцев назад

    Why the heck would you title this Businesses to Buy and then tell us Crumbl cookie was all sold out…?

    • @TariqJohnson
      @TariqJohnson  5 месяцев назад +4

      Why are your comments so aggressive? Relax dude. There are plenty of existing crumbles for sale, and my intention is to educate and entertain. Go take your negativity somewhere else.

  • @manit77
    @manit77 4 месяца назад +1

    Like if you've done an MLM, like me.

    • @TariqJohnson
      @TariqJohnson  4 месяца назад

      I’ve done a few in my day.

  • @dudefromca
    @dudefromca 6 месяцев назад

    So you're saying that...your kid is above average?? XD

  • @kindafast6499
    @kindafast6499 3 месяца назад

    Crumbl is garbage. Shit product and it is a fad. It’ll go away just like froyo. Corporate grew too big too fast and cant support their franchisees with supply chain, software, etc. Their FDD isn’t accurate at all. Yes, I know an owner of one. Yes, I have 3 stores.