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According to recent research conducted by The Wall Street Journal, the fast-food industry is slowly loosening its grip as the Number 1 franchise industry in the U.S. The big performers moving to the top of the franchise industry include senior-care service franchises, health and fitness franchises and security service franchises. These franchise industries are ranked as the fastest moving and most popular franchises catching up on the fast-food franchise industry.

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1. Baby Boomers

Last year Franchise Direct proposed baby boomer franchises would be big news in 2008 and this certainly seems to be the case. Senior-care franchises are capitalizing on a booming market which is set to continue to rise. There is huge market potential with “an estimated 36.8 million people, or about 12.4% of the U.S. population, are 65 and older, according to the U.S. Census Bureau's 2005 data. And that number is expected to double in size within the next 25 years.” This ensures a healthy profitable market for anyone interested in investing in a baby boomer franchise

2. Health & Fitness Franchises

Dieting will always be big franchise industry news, with the rise in products and services that help people diet & lose weight and manage their weight successfully. The increased pace in everyday life, the stress and longer working hours has ensured a consumer society that is dependent on quick solutions to their waistlines! This has ensured a rise in the number of successful fitness and health franchises operating in the U.S…

3. Security Franchises

Heightened awareness of personal and professional safety has increased dramatically resulting in individuals buying products and services to protect their homes, personal belongings and businesses. Security service franchises are capitalizing on this customer need providing secure services including CCTV, access control, biometrics, computer security, burglar alarms, home automation and much more.

All three industries provide a service customers want and this means they are all capitalizing on a huge market potential. If you would like more information on any of the above franchises, or if you would like to ask me anything that inerests you relating to franchising, post me a comment...

Franchise Reporter

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