How Much Money Can Multi-Unit Franchisees Make?

Close-up of male hands using calculator to examine report. Unrecognizable accountant counting profit. Businessman analyzing documents. Paperwork concept

 

“How much money can I make?,” is the number one question prospective franchisees ask Franchise Business Review’s CEO, Eric Stites. It is a difficult question to answer because there are so many factors that play a role in estimating the potential revenues and profits of any business, and ultimately what your “take-home” income might be.

There is no doubt that there are a lot of satisfied multi-unit operators.

“Multi-unit ownership is everything we thought it would be. All of our studios are very healthy and we have hit or exceeded all of our financial targets,” says Painting with a Twist franchisee, Todd Owen, who owns four locations. “Growth inherently takes a lot of time, effort, dedication, perseverance, and tenacity. If you love what you do, it’s not work. It’s more like a hobby that you make money doing. That’s a pretty good combination.”

Those who are succeeding in multi-unit franchising did a lot of research, including exploring how much money they could realistically make, prior to committing to a brand. A great research tool for doing so is FBR’s Franchise Buyer’s Toolkit, which features a three-hour How Much Money Can You Make? online Course that includes a downloadable Excel worksheet to help you make realistic, personalized financial projections. For more multi-unit specific information, read our free 2017 Top Multi-Unit Franchises guide.

The following data regarding multi-unit franchisees’ income was obtained from Franchise Business Review’s latest multi-unit franchisee research. Please note that the numbers are for average pre-tax income, which means some franchisees we surveyed made less while others made more.

mu2017-income_r2

You may also find which three franchise sectors our multi-unit research identified as being the most lucrative of interest.

multi-unit-franchise-sectors

 

As the Editorial Director at Franchise Business Review, Emma Pearson reports regularly on today's top franchise opportunities and the latest trends in franchising. She also writes and oversees the publishing of Franchise Business Review's annual Top Franchises, Top Low-Cost Franchises, Top Franchises for Veterans and many other specialized franchise reports. They feature the only lists of top franchises based on feedback from those who know best - the franchisees who own them.

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