5 Most Profitable Franchises To Buy in 2023

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1. Chick-fil-A

Category: Fast Food Franchises

Number of Franchises: 2,928

Estimated Annual Sales: $17.09 billion

Initial Franchise Cost: $518,385 – $2,803,435

Chick-fil-A is an American fast food restaurant chain and the largest chain specializing in chicken sandwiches. Headquartered in College Park, Georgia, Chick-fil-A operates 2,928 restaurants across 48 states, as well as in the District of Columbia and Puerto Rico. Despite facing various controversies and boycott attempts, Chick-fil-A retained its position as the nation’s preferred fast food chain for the eighth consecutive year, according to the 2022 American Customer Satisfaction Index.

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