How Profitable Are International Franchises In The US? What Are Some Successful Franchises?
Like many brands expand beyond the US to reduce their dependence on US customers alone, many other international brands have started offering franchise opportunities in the US. The success of international franchises in the US is not heard very frequently, but some of the international franchises have found their success in the US.
1. Paris Baguette South Korean bakery Paris Baguette produces bread, sandwiches, pastries, and beverages among other baked products. This fast-casual bakery-cafe first opened its doors in 1988 and has since expanded throughout the world, as well as in the United States. The recipes for the cafe's dishes are inspired by French and Asian cuisines. With more than 4000 outlets in over 100 countries, the bakery-cafe has successfully provided satisfying experiences to people from a variety of backgrounds and with a wide range of taste preferences around the world. It is the company's intention to develop further in the United States, and they expect their franchisee units to be a competitive and collaborative team. The potential franchise unit can be a single individual or a group of individuals but requires $500k in liquid assets. While they will train and support their franchisee units in marketing and business, they would prefer a potential candidate to have experience with food service, along with marketing and business. 2. Pirtek USA Pirtek USA is a franchise from Australia, which is now a global network of 400+ franchise locations with success in various locations, including in the US. This franchise business is known as one of the top hydraulic hose replacement businesses, which operates as a B2B industrial repair. With various passionate and hard-working individuals, the franchise business offers repair services to multiple industries and helps them reduce downtime. One of the reasons why Pirtek USA is a sought-after franchise in the US today is because of its recession-resistant business model. While the business was definitely affected like many other businesses during the pandemic, Pirtek USA managed to overcome the challenges faced and continued their quality services to their clients. They also operate as a mobile repair team, which makes it possible for them to provide on-site repair services without much delay. 3. InterContinental Hotels and Resorts