Senior-Care Services / Typical franchises: Brightstar, Comfort Keepers
Why it’s popular: Due to advancements in medicine and technology, Americans are living longer. Boomers, already time-stressed, are trying to do the right thing by letting their parents live in their homes as long as they can. But they need help and they are turning to visiting nurse and assisted-care services.
Restoration Services / Typical franchises: PuroClean, Weathersby Guild
Why it’s popular: If a home is damaged by flood or fire, it needs to be fixed. And in most cases, the repairs are covered by insurance, meaning the restoration service owners don’t have to worry about deadbeat clients.
Education Services / Typical franchises: Tutor Doctor, Young Rembrandt
Why it’s popular: If there’s one thing people are still willing to spend money on, it’s their kids. And it’s not just for kids who are having trouble in school. More competitive college admissions standards mean everyone’s looking for an edge.
Hair Salons and Services / Typical franchises: Sport Clips, Great Clips
Why it’s popular: People still need to look good, even as they cut expenses. Chain salons offer quick appointments at reasonable rates.
Due diligence: Ask questions……