Free Consultation
Location / Michigan / Detroit

Franchise Opportunities in

Detroit

Detroit’s workforce and low costs mean success for new businesses

Detroit’s low costs are a major attraction for those looking to open a new business. The city, which ranks in the top half of WalletHub’s list of 2018’s Best Large Cities to Start a Business, places fourth in the “business costs” category. Those low costs also serve to bring in diverse, young talent and build the spending power of the city’s residents.

But it’s not just about low costs. Detroit is known for its entrepreneurial spirit, which helps the city’s businesses prosper. Numerous organizations support business owners, and the city government’s efforts to grow the economy have gotten the attention of Inc.com, which recognizes Detroit as one of the 50 Best Places in America to Start a Business.

To take advantage of Detroit’s low costs and outstanding climate for growth, talk to a FranNet consultant today. FranNet’s local experts know what works in the area, and they’ll help you choose a business that will thrive.

  • Population: 673,1041
  • Number of households: 258,4711
  • Median age: 342
  • Median household income: $58,4113

FranNet Consulting Services are 100% Free For Our Clients

We Work To Find You The Perfect Franchise Business, Free of Charge.
As an Inc. 5000 organization, FranNet’s reputation for quality consulting services, integrity, and risk reduction were established out of our dedication to you, the client. Our job is to ensure you find the right business that maximizes your odds of success and happiness and allows you to meet your lifestyle, career and financial goals. Our income is derived from brokering the final purchase of the franchise and is paid for by the franchise organization you choose to partner with.
The FranNet Organization2020-05-27T20:43:38+00:00

In addition to being a 5-time, Fortune 5000 company, FranNet has helped hundreds of people acquire a franchise and become their own boss. FranNet provides education and support to individuals who are interested in exploring self-employment as a career option through franchised business ownership. After all, franchising is more than just food and retail stores. Our role is to provide education on the franchise industry and help people find the right business for them and their goals. Our services are 100% free.

How Do FranNet Franchise Consultants Reduce Risk?2020-05-26T20:57:35+00:00

FranNet Franchise Consultants reduce risk by pre-qualifying prospective franchisees to ensure no wasted qualification time; by helping educate your prospective franchisees on the eventual purchase and operation of your franchise concept, which sets better expectations among all parties; by providing you an instant North American network present in all major markets, with local presence and expertise; and by reducing overhead by offering a primarily post-pay service. Instead of worrying about generating qualified candidates on your own, you can join a proven, effective, and efficient referral network.

Will I End Up Paying More For a Franchise If I Work With a FranNet Franchise Consultant?2020-05-26T20:57:22+00:00

No. Unlike buying a home or a car, Franchise sales and fees are federally regulated and the cost is not able to be changed regardless of if a franchise consultant broker is involved or not. What that means for you is that you get expert franchise guidance, consulting, and introductions, without any risk of a price mark-up. Learn more here.

How Much Does a Franchise Consultant Cost?2020-05-26T20:57:12+00:00

Zero. Working with FranNet is absolutely free. How is that possible? Similar to real estate agents that receive a commission from the seller, we receive our broker fee directly from the franchise that you may buy.

Who are FranNet Franchise Consultants?2020-05-26T20:57:02+00:00

A FranNet franchise consultant is a local, franchise expert to advise you on franchise and business opportunities. Within our group, we have past and present franchisors, franchise executives, franchisees, regional and area developers, and other business professionals.

Our Process

FranNet franchise consultants have helped thousands of entrepreneurs across North America start their own business through franchise ownership; however, this has only been made possible due to our unparalleled focus on quality across all facets of our business. FranNet is comprised of an independent network of over 100 local consultants that help highly motivated and savvy entrepreneurs mitigate their risk of business ownership through franchising. What has made us a six-time fortune 5,000 organization? We work hand-in-hand with our clients to educate them on opportunities and risks throughout their decision to ensure they have the best chance of success.
  • Readiness Assessment

    Take our free proprietary Readiness Assessment to evaluate your business owner profile, including a personality analysis and an investment range determination. From here, our algorithm can help determine what franchise options in your local market may be best able to meet your goals.

  • Assessment Review

    Once you have your Franchise Readiness Assessment results, you may request a free no obligation review session with your local franchise consultant. During this meeting, you can gain more insight into what franchise opportunities may be best for your goals.

  • Franchise Options

    After the review of your Readiness Assessment, we work with you to determine what local options may be worth exploring. Your local consultant will present you with a number of options and depending on which ones you are interested in, your consultant will make an introduction.

  • Speak With Franchise Companies

    We will help facilitate those introductions and coach you on the due diligence process, providing guidance on questions to ask, how to understand Franchise Disclosure Documents, and tools on how to rank the franchise opportunities for yourself.

  • Speak With Local Franchise Owners

    Once you've learned more about each franchise opportunity that you are interested in, you will be able to speak with active franchisee's in their respective organizations in order to validate the business, support, and success of each.

  • Discovery Day

    Prior to making a formal commitment to a franchise opportunity, you will attend a Discovery Day, usually on-site at the corporate headquarters of the specific franchise you're interested in. This Discovery Day is a great opportunity for you to meet the top management team, see their operational facility and learn more about the day-to-day life of owning a business under their brand.

  • Decision Time

    Once you return from a discovery day, you'll be in a position to decide if that franchise is the right fit for you. If it is, we'll provide the necessary referrals to franchise attorneys, accountants, and funding partners to help complete your franchise due diligence. From there, it is your choice to sign the final franchise agreement and become a franchisee.

5. Franchise Validations

Once you've learned more about each franchise opportunity that you are interested in, you will be able to speak with active franchisee's in their respective organizations in order to validate the business, support, and success of each.

FIND THE OPPORTUNITY THAT’S RIGHT FOR YOU

Hair Care

Fitness

Retail

Tutoring

Spa

Automotive

Handyman

Children

B2B

Education

Restaurant

Pet Care

Cell Phone Repair

At Home

Senior Care

Browse All Franchise Types

MEET YOUR LOCAL CONSULTANTS

Mark Cory

Mark Cory

Market President

UPCOMING EVENTS