Many believe there are only two possibilities when choosing their future career paths: working for yourself or someone else. This enormous undertaking may not be as alluring to some people as it is to others, whether it involves working for oneself or running a small business. But neither of them is an employee of another.
But running a franchise location can offer the ideal fusion of both. The franchise market enables business-minded people to establish a location and run a company with an established infrastructure and a significant customer base.
Before we explain the best franchises in Canada, let’s find out what franchising is all about.
Table of contents
- What is Franchising?
- How Do Franchises Work?
- Overview of the Best Franchises in Canada in 2023
- List of the Best Franchises in Canada in 2023
- #1. Logo Choices
- #2. PropertyGuys.com Inc.
- #3. Pizza Delight
- #4. Pak Mail Pickering
- #5. Maid Brigade Systems, Inc.
- #6. Meineke Car Care Centers, Inc.
- #7. Color Me Mine Enterprises, Inc.
- #8. TPC Tax Planning Centre
- #9. MEDIchair LP
- #10. Velofix
- #11. Country Style
- #12. A&W
- #13. B-PROTEK
- #14. Comfort Keepers
- #15. Crackmasters
- FAQs
- Conclusion
- References
- Recommendations
What is Franchising?
When someone, known as the franchiser, creates a trademarked brand and business and then charges others, referred to as franchisees, royalties, and fees to use their trademark to do business, that is the definition of a franchise.
These franchises will create new business sites and run them as owners or managers when a franchisor licenses their brand. Franchisees are required to run their locations as an extension of the brand-named business, ensuring that all goods and services, business procedures, and employee training are uniformly applied to all branches.
All businesses use the franchise business model, including those in the service and food industries, accounting firms, and law offices. The Canadian franchise magazine is one of the many organizations and media focusing on this market, which substantially impacts the economy.
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How Do Franchises Work?
A franchisee must buy the rights from the company’s franchisor to legally run a trademarked firm. A flat fee, known as a franchise fee, along with other investments and restrictions, is included in the start-up costs of a franchise. A franchisee must pay the franchisor a royalty fee, a portion of their gross sales.
The brand owner, or franchisor, is responsible for deciding whether a potential franchisee fits their business model and has the resources to open a thriving location. Large franchises like McDonald’s fast food franchises can be highly selective about who they choose to extend the use of their brand to.
Before a franchise business transaction is negotiated, a meeting between the brand owner and potential franchisee will be held to discuss future operations and check whether everyone will fit well with the brand’s culture.
This is the period for interviews between the franchisor and potential small business owner. Since the franchise agreement must benefit both sides and establish a solid working relationship, franchisees must ask franchisors questions about the company.
The prospective franchisee must sign a franchise agreement and disclosure form once all parties have determined that a partnership benefits both sides.
These contracts will formally bind the new franchisee to the brand’s standards, including all fees for franchising, royalty rates, marketing specifications, and access to the brand’s intellectual property, including its trademarks and trade secrets.
Now, let’s discuss the top 15 best franchises in Canada in 2023.
Overview of the Best Franchises in Canada in 2023
Franchising is a popular business model in Canada, allowing entrepreneurs to own a business with the support of a proven system. Choosing the right franchise can be difficult, but this list showcases the top 15 best franchises in Canada based on factors such as popularity, growth, and investment cost.
Here is an overview of the best franchises in Canada.
- Logo Choices
- PropertyGuys.com Inc.
- Pizza Delight
- Pak Mail Pickering
- Maid Brigade Systems, Inc.
- Meineke Car Care Centers, Inc.
- Color Me Mine Enterprises, Inc.
- TPC Tax Planning Centre
- MEDIchair LP
- Velofix
- Country Style
- A&W
- B-PROTEK
- Comfort Keepers
- Crackmasters
List of the Best Franchises in Canada in 2023
Are you dreaming of starting your own successful business in Canada? Look no further! This list of the top 10 best franchises in Canada will help you kick-start your entrepreneurial journey.
From food and retail to home services, these franchises boast a proven track record of success, support, and growth opportunities. Get ready to explore the best franchise opportunities in Canada and find the perfect fit for you.
#1. Logo Choices
LogoChoices is one of the best franchises in Canada. They focus on providing a brand-new, different manner to display your logo for these new materials using high-tech techniques.
Tone-on-tone is a feature of several of these new approaches. They frequently have three dimensions as opposed to using bright colors. Their technologies enable wearables and the ability to engrave and etch virtually any product or surface.
Cash Investment: $54K
Financing Available: Yes
Franchise Units: 164
Franchising Since: 2003
Owner: John Heilemann
Revenue: Unknown
Royalty Fee Rate: 6%
Total Investments: $842K
Year Founded: 1999
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#2. PropertyGuys.com Inc.
This is one of the best franchises in Canada in 2023. They are a contemporary substitute for real estate agents and Canada’s largest private sale franchise network.
They feel homeowners don’t need to spend a fortune to hire a professional to help them sell their houses. Because of this, practically every aspect of selling real estate on your own has been redesigned, making it not only simpler but also far better.
Their strategy, which has been refined over the last 15 years, is compelling. They have already saved approximately 60,000 Canadian sellers (like you) hundreds of millions of dollars in real estate commission. Therefore they have the right to make that claim.
Cash Investment: $32K
Financing Available: Yes
Franchise Units: 100
Franchising Since: 1998
Owner: Nick Robertson
Primary Services: Home Based Franchises, Real Estate Franchises
Revenue: Unknown
Royalty Fee Rate: $1K+/mo.
Secondary Services: Overall Franchises
Total Investments: $55,895 – $115,670
Year Founded: 1998
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#3. Pizza Delight
Pizza Delight is among the best franchises in Canada. Even though a lot has changed since they first opened in 1968, one thing has not changed: they continue to create their pizza dough from scratch every day, top it with your preferred toppings and pizza sauce made according to a family recipe, and then top it off with their unique cheese mix.
It’s always a pleasure to visit Pizza Delight with family and friends.
Cash Investment: $15-30K
Financing Available: Yes
Franchise Units: 97
Franchising Since: 1968
Fulltime Employees: 1 – 10
Owner: Patrick Webster
Primary Services: Fast Food Franchises
Revenue: Est. $1 million
Royalty Fee Rate: 5%
Secondary Services: International Food Franchises
Total Investments: $100 – 150K
Year Founded: 1968
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#4. Pak Mail Pickering
With more than 20 years of experience serving the Canadian market for anything from standard shipping requirements to handling unique commodities, Pak Mail has been creating and exporting goods worldwide for 30 years.
They are one of the best franchises in Canada in 2023.
They positively impact their household and small- and medium-sized business clients.
Cash Investment: $25K
Financing Available: Yes
Franchise Units: 485
Franchising Since: 1983
Fulltime Employees: 1 – 10
President: Cheryl Kostopoulos
Primary Services: Services General Franchises, Overall Franchises
Revenue: Est. $1 million
Royalty Fee Rate: 4%
Secondary Services: Printing and Copying Franchises
Total Investments: $114 – 140K
Year Founded: 1983
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#5. Maid Brigade Systems, Inc.
Maid Brigade is among the best franchises in Canada in 2023. They are highly passionate about green cleaning.
So much so that they want you to be aware of the hidden dangers connected with standard house cleaning services—even if they never offer their miraculous house cleaning service in your home. They would be happy to clean for you, of course! (Spooky hint.)
For the benefit of their families, they nonetheless think that all customers should be able to make educated judgments about the household cleaning products introduced into their homes.
To provide you with these practical, useful videos, infographics, e-guides, Marie’s Blog, and now the Clean Green Talk radio show, co-hosted by renowned green cleaning expert Leslie Reichert and their own Consumer Health Advocate, Marie Stegner, started their Consumer Health Advocacy initiative.
Cash Investment: $100,000
Financing Available: Yes
Franchise Units: 483
Franchising Since: 1979
Fulltime Employees: 2,500 – 5,000
Owner: Marie Stegner
Primary Services: Cleaning & Sanitation Franchises, Overall Franchises
Revenue: $250 million – $500 million
Royalty Fee Rate: 6.9-3.5%
Secondary Services: Home Maintenance Service Franchises
Total Investments: $85,000 – $124,000
Year Founded: 1979
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#6. Meineke Car Care Centers, Inc.
One of the best franchises in Canada in 2023 is Meineke Car Care Centers, Inc.
Since opening their first site in Houston, Texas, in 1972, they have worked to build a network of welcoming, locally-owned businesses headed by actual automotive experts.
Today, they have a network of over 900 businesses from coast to coast, all putting in a lot of effort to help you drive a little more carefully.
Active Clients: 165
Cash Investment: $35K
CEO: Jonathan Fitzpatrick
Client Retention Rate: 89%
Financing Available: Yes
Franchise Units: 2,400
Franchising Since: 1972
Fulltime Employees: 100 – 250
Primary Services: Automotive Franchises, Overall Franchises
Revenue: $10 million – $50 million
Royalty Fee Rate: $50K
Total Investments: $125 – 250K
Year Founded: 1972
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#7. Color Me Mine Enterprises, Inc.
With approximately 150 locations in 26 US states and ten other countries, Color Me Mine is the world’s largest paint-your-own pottery franchise studio business. They are one of the best franchises in Canada in 2023.
Since its inception in 1991, Color Me Mine studios have offered thousands of ceramic products to choose from, a Design Center with 22,000 images, more than 60 paintable colors, and trained staff members on hand to offer friendly advice. The nationwide popularity of Color Me Mine can be attributed to its birthday celebrations, school painting initiatives, community fundraising initiatives, and extremely original collaborations with major Hollywood studios, including Sony Pictures, Warner Bros. Pictures, and The Walt Disney Company.
Cash Investment: $30,000 – $60,000
Financing Available: Yes
Franchise Units: 144
Franchising Since: 1992
Fulltime Employees: 10 – 50
Owners: Mike Mooslin and Michael Berkowitz
Primary Services: Retail Franchises, Overall Franchises
Revenue: $1 million – $5 million
Royalty Fee Rate: 5%
Secondary Services: Children’s Franchises
Total Investments: $141,300 – $184,800
Year Founded: 1992
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#8. TPC Tax Planning Centre
Tax planning refers to actively reducing taxes through one’s income, investments, and tax-deductible strategies.
TPC Tax Planning Centre offers you expert guidance designed to lower the taxes you pay. Find out what they can do for you if you are sick of paying hefty taxes.
Interestingly, they are among the best Franchises in Canada in 2023.
Cash Investment: $15K
Financing Available: Yes
Franchise Units: 11
Franchising Since: 1982
President and CEO: Donald Hughes
Primary Services: Business Service Franchises, Franchise Financial Services
Revenue: Unknown
Royalty Fee Rate: 5%
Total Investments: $15K
Year Founded: 1982
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#9. MEDIchair LP
MEDIchair LP is one of the best franchises in Canada in 2023. Their customers and employees are what define their brand.
They typically develop close bonds with their customers over time by investing a lot of time in them. They will always be available to coach you through the process and give you the information you need to make the best mobility option, whether you need them for a short or extended period. When you reach out to them, it might be a stressful time for you and your family. Although it may be unfamiliar to you, rest assured that they are familiar with all the legislation and guidelines pertaining to tools, funding, and support. They have been doing this for the past 30 years, every day.
Cash Investment: $275K-375K
Financing Available: Yes
Franchise Units: 46
Franchising Since: 1988
Owner: Jonathan Steeves
Primary Services: Sports & Fitness Franchises
Revenue: Unknown
Royalty Fee Rate: 5%
Secondary Services: Services General Franchises
Total Investments: $450K
Year Founded: 1985
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#10. Velofix
Velofix is one of the best franchises in Canada, founded with a passion for cycling.
They think bicycles can make a difference in the world. They want to provide a convenient Premium Service so consumers can spend more time riding, which is what they love!
Cash Investment: $60K
Financing Available: Yes
Franchise Units: 55
Franchising Since: 2013
President and CEO: Davide Xausa
Primary Services: Entertainment Franchises, Overall Franchises
Revenue: Unknown
Royalty Fee Rate: 4%
Total Investments: $150K
Year Founded: 2012
#11. Country Style
Country Style opened its first coffee shop in Toronto in March 1963 in response to a significant increase in client demand.
Fresh coffee was provided by Country Style in a clean shop with welcoming service.
Country Style is currently Canada’s second-largest coffee business, with 500 outlets and 45 years of experience.
The quality of Country Style’s freshly ground coffee and baked goods, which are still made on-site to this day, is credited with its popularity. Every customer that enters through their doors is given a unique experience when they sit down at one of their locations, thanks to their lunch specialties and warm service.
Investment Level: $100,001 – $200,000
Number of Units: 434
Royalty Fee: 4.5%
#12. A&W
With more than 950 locations and more than $900 million in annual sales across the country, since the first drive-in debuted in Winnipeg in 1956, A&W has expanded to become Canada’s fastest-growing burger QSR.
A&W has been a staple of Canadian culture thanks to their recognizable Burger Family®, renowned onion rings, and frosted mugs of A&W Root Beer®.
Cash Required: $300,000
Total Investment: $1,000,000
Total Units: (Canada): 950
#13. B-PROTEK
B-ProTek still views itself as a young, vibrant company expanding quickly despite having more than 14 years of experience in painting and coating concrete surfaces. With 8 Franchisees operating under the “Béton Surface” name, they already have a strong presence in Quebec.
B-ProTek offers you one or more franchise opportunities to market its garage and indoor floor finishing services across Canada.
Cash Required: $30,000
Total Investment: $93,500 to $110,000
Total Units (Canada): 8
#14. Comfort Keepers
Comfort Keepers offers services from companionship and personal care to light cleaning, meal preparation, and more specialized services for those with dementia and end-of-life need.
They help with transportation to and from the pharmacy, grocery store, and doctor’s visits. Comfort Keepers does offer live-in or 24-hour services if extra round-the-clock care is required.
Cash Required: $75,000
Total Investment: $88,000 to $120,000
Total Units (Canada): 50
Year Founded: 1998
#15. Crackmasters
Thanks to its unique and ground-breaking long-crack repair technology, Crackmasters has become a leader in the windshield repair/replacement business.
The marketing techniques employed by Crackmaster have been incredibly effective, with nearly new locations opening each month in Canada.
Cash Required: $30,000
Total Investment: $30,000
Total Units (Canada): 53
Year Founded: 1994
FAQs
The final line is that while becoming independently rich through a franchise is possible, it is not a guarantee. Even if you pick the perfect company in the right sector and have some prior business expertise or fortune, your ability to generate income may still be relatively constrained.
The franchisor may only break even or lose money while training you and assisting you in opening your unit for business.
Franchisors get the satisfaction of knowing that their business’s success is a consequence of their dedication and hard work, even though owning a franchise unit can be taxing and require work of 60 to 70 hours per week. Some individuals search for franchise opportunities that are less demanding and could call for a part-time commitment.
Purchasing a franchise comes with risks, just as launching any business. Although most franchisees are content and prosperous, some incur financial losses. You should exercise extreme caution when dealing with any business that “guarantees” success or financial gain.
The ideal solution for a struggling franchise is frequently for the franchisee to sell the company to a third party who then takes over as the new franchisee for that region. Due to this, the failed franchisee may end its compliance with the terms of the franchise agreement and any lease.
Conclusion
This list showcases the top 15 best franchises in Canada based on popularity, growth, and investment cost. Before investing in a franchise, it is vital to research and carefully consider all options to ensure a successful business. Owning a franchise provides entrepreneurs with the benefits of established brand recognition and support from the franchisor.
References
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