Franchise Fridays: Franchise Brands With The Happiest Owners

How do you know when a franchise brand has the happiest owners?

One easy giveaway is the brand’s retention rate. When you become a franchise owner you will be signing an agreement with an expiration date. Sometimes it’s 3 years, sometimes 5 years, sometimes 10 years. At the end of your agreement, provided you’re in good standing with the company, you’ll be given the opportunity to renew for another term. The percentage of franchisees who choose to renew their agreement for another term constitutes the retention rate.

There are multiple reasons for a franchise owner to not renew. Sometimes it’s because they die. Sometimes it’s because they’ve reached the end of their professional lives and are ready to ride into the sunset of retirement. Sometimes owners choose to sell a franchise they’ve successfully built and then reinvest into another business venture. And sometimes, they choose to not renew because they’ve been unhappy with the relationship or their financial performance. Considering all of these reasons, a respectable retention rate is 80% or higher.

In this article we’ll share with you five franchise brands, out of 189 companies with a retention rate of 90% or higher.

Shipley is an iconic and beloved donut brand renowned for its “cult-like” following, offering over 60 varieties of freshly made daily Do-Nuts and kolaches.

Imagine stepping into a world where an iconic brand has not only tantalized taste buds but has also etched itself into the hearts of generations – that’s the essence of Shipley Do-Nuts. A revered donut haven, Shipley holds an unparalleled market position that goes beyond business; it’s a cultural phenomenon. With a repertoire of over 60 mouthwatering variations of hot, freshly made Do-Nuts and the irresistible allure of kolaches, Shipley has fostered a “cult-like” following that speaks volumes about its offerings.

However, Shipley Do-Nuts is not just a delicious treat – it’s an entrepreneurial opportunity that beckons. The trajectory of Shipley is soaring, with multi-unit development possibilities spanning prime territories across the southern United States. Bolstered by an experienced management team, our growth strategy is meticulously designed to fortify the brand’s dominance and market presence. The comprehensive support system in place encompasses real estate, construction, training, marketing, and operational assistance, all meticulously designed to ensure your foray into Shipley franchise ownership is a seamless and rewarding experience.

Picture a landscape where a loyal customer base relentlessly seeks the best-in-class products you offer, all freshly crafted each day. With an iconic reputation and an unwavering commitment to your success, your journey with Shipley is backed by a streamlined business model that harnesses cutting-edge technology, ensuring operational fluidity. Moreover, our unyielding dedication to cost management translates into a competitive investment, allowing you to channel your energies into crafting delightful customer experiences.

The future of Shipley Do-Nuts is a journey marked by greatness, as we set our sights on exceeding 600+ locations by 2026. Beyond being a brand, Shipley is a movement, a force that not only transforms taste palates but also uplifts entire communities. The success of our market optimization strategy is evident through the commitments we’ve garnered for new shops in key regions such as Texas, Austin, Dallas/Fort Worth, and Houston. Online ordering innovations have driven over 20% incremental sales growth, while a remarkable +21% YOY comp sales growth in 2022 underscores our momentum.

So, journey with us as we transform not just donuts, but dreams. Shipley Do-Nuts is more than a franchise – it’s a family, a community bound by the love of indulgence and innovation. Together, let’s script a future that’s rich in flavor and prosperity!

Code Ninjas® is the world’s largest and fastest-growing kids’ coding franchise, with hundreds of locations in the United States, Canada, and the United Kingdom. Our mission is to empower tomorrow’s innovators to thrive in a digital future through fun, immersive environments.

At Code Ninjas, we believe that learning to code should be fun and engaging, which is why we’ve developed a game-based curriculum that allows kids to learn while building their own video games. Our centers provide a fun, safe, and inspiring learning environment where kids can gain problem-solving, critical thinking, and STEM skills while having a great time.

Parents love our program too because they see real progress in their children’s learning and valuable skills being gained in a safe and immersive environment. Code Ninjas is the perfect place for kids of all ages and skill levels to learn and grow. Whether they’re new to coding or have been coding for years, our curriculum is tailored to each student’s individual needs and pace of learning.

Franchise owners have access to our proven system for success, including:

• Site selection
• Lease negotiation
• Staff training
• Ongoing support

You’ll be part of a global community of franchisees who are all working together to make a real difference in the lives of young learners in their communities. Join the fastest-growing franchise in the kids’ STEM/coding education space and make a positive impact while building a successful business.

Premier franchise option in a highly-specialized, highly-fragmented overhead door industry.

We’re proud of our legacy as one of our niche industry’s foundational companies. We began our journey to nationwide growth in the early days of the internet. Back then, phonebooks were the primary lifeline for people who needed their garage doors repaired or replaced, but until we came around, garage door services didn’t even have its own section in the yellow pages.

The lack of representation wasn’t for lack of need. Garage doors are heavy and potentially dangerous pieces of equipment that require knowledgeable service professionals to get repairs or installation done right the first time. Though it may seem like tomorrow’s problem, the fact is, residential garage doors are complex systems with a variety of components that simply cannot last the lifetime of a home or even a single family’s stay in a home.

Before specialized companies like ours, customers nationwide relied on handymen, contractors, or small mom-and-pop shops to fix their dented door panels, faulty motors or snapped torsion springs. Today, Precision Door Service performs an average of about 2,000 jobs a day systemwide.

With the perfect blend of fashion and affordability, Uptown Cheapskate is an upscale resale clothing franchise that offers on-trend, gently used clothing at prices that won’t break the bank.

Uptown Cheapskate is an upscale retail resale clothing franchise opportunity focused on bringing gently used fashionable items to the masses at affordable costs, while also reducing the environmental impact of new clothing production. Our stores are modern, stylish, and upbeat, with attitude and personality. Uptown Cheapskate enables individuals to express themselves using name-brand fashions and modern style, without the typical retail price tag. We offer an upscale resale shopping experience that is a cut above the competition, opening the door for more people to sell and shop second-hand.

• Recession resistant
• Great profit margins on product; 65% franchise average
• High growth industry
• Exciting concept in fashion
• Environmentally friendly, helping to decrease the environmental impact of fast fashion
• #1 in industry (Entrepreneur magazine)
• Proven method (franchising since 2008 – now have 100 open stores with many more in the build-out stage)
• Personal franchisor support from day one in every aspect of opening your business, with continued personal support thereafter.

“The secondhand clothing industry is exploding right now,” says Chelsea Sloan Carroll, Brand President of Uptown Cheapskate. “The media focuses on the rise of online retail shopping, but in reality, our stores have average ticket prices of $10. There is a tangibility about shopping resale that you simply cannot get online. When people come in and shop for clothing, they’re going to reject a lot, and for a $10 average price, it doesn’t make sense for us to ship our clothes online, and it doesn’t make sense for customers who want to try their items on. We’re seeing tremendous growth in terms of profitability and customer count in our stores, and we’re seeing a tremendous rise in the popularity of resale shopping.”

With over 40 years of franchising experience, Grease Monkey has a proven franchise system coupled with growth and the industry’s top support system. One of the few quick lube franchises with positive growth. In 2023, Grease Monkey was named to Entrepreneur’s Fastest-Growing Franchises list as well as included in the prestigious Franchise 500 ranking for the seventh consecutive year. Grease Monkey is also proud to have received the VetFran 5‐Star rating demonstrating its extraordinary commitment to “provide access and opportunities in franchising to our Nation’s Veterans and their Spouses.”

It’s time to capitalize on the automotive repair and aftermarket maintenance industry’s long-term growth by joining Grease Monkey’s national expansion. With new single and multi-unit franchise opportunities available across the country, we’re looking for exceptional partners to grow with us!

Grease Monkey has pioneered flexible franchising, a way for franchisees to customize their facilities and services for different markets and investment profiles. We also offer franchisee-friendly franchise agreements.

Our development options range from a standard 3-bay oil change and preventive maintenance franchise to a 6-bay full-service maintenance facility. Whatever options suit your needs, we’ll help you determine the optimal configuration. What’s more, since we’re not owned by an oil company, we’re able to negotiate national vendor contracts at the best possible prices. It also means consumers can feel confident that we’re looking out for their vehicles, not just pushing a particular brand.

Auto Industry, By The Numbers – It’s a $372 Billion Industry

Total sales expected for the automotive aftermarket industry in 2024. That’s up from $325 billion in 2021. The auto repair industry is massive, steadily growing, and resistant to downturns.

One reason Grease Monkey^® is a great business opportunity is that more than 99% of the vehicles on U.S. roads need regular oil changes. And while electric vehicles are very slowly gaining market share, it will be decades before they make up the majority of cars on the road.

• 281 million vehicles on American roads in 2022, according to IHS Markit
• 3+ trillion miles traveled in a typical year, according to the Federal Highway Administration
• 12.2 is the average age of American vehicles in 2022, according to IHS Market
• 2.5 million customers served by Grease Monkey and SpeeDee Oil in 2022

We have 184 other brands with a retention rate of 90% or higher!

We gave you five here because we didn’t want you to have to spend the next 3 hours reading about all of them, but we have many more brands across multiple industries that have the happiest owners. If you’d like to learn about more of them, just tell us a little about yourself and industries you’re interested in here and we’ll introduce you to many others!

About Quantum Franchise Group

Quantum Franchise Group is a full service franchise brokerage representing over 800 brands across 39 industries. We are a member of the Franchise Brokers Association with certification in FTC compliance. Since March, 2022, Quantum President William Huffhine has consistently helped aspiring business owners open 5 to 10 franchise locations per month across the United States.

We serve aspiring business owners, at no cost to them, by guiding them step-by-step through the entire 6-step franchise ownership process.

Our role is not to sell. We're in the relationship business. Our role is to guide our clients toward successful business ownership with great franchise opportunities. All of our brands are carefully evaluated and vetted so our clients can be assured that all of the work we do together will be in their best interest.