Best Multi-Unit Franchise Opportunities in Texas

The Lone Star state is a place kind of unlike any other place in the world. In fact, when I moved to the US, I almost moved there. 

It was in between North Carolina and Texas, but I ultimately chose North Carolina. 

However, as a multi-unit franchise consultant, I tell people everything’s bigger there – also the business opportunities! There are just certain things that won’t be possible in a place like Wisconsin. 

While I’ve had great times in Wisconsin, the place shuts down for the better part of a 4 months because the weather is as cold as it is. When you’re learning about FDDs, territory rights, and royalty structures, you want the opportunity to be big! 

The list below is only a limited selection of some of the best multi-unit franchise opportunities in Texas, because they’re not one-size-fits-all! For that reason, aspiring franchisees reach out to me when they’re looking for their next opportunity so we can evaluate your goals, lifestyle, and options to find the best match. 

The businesses below, but don’t get discouraged if you don’t think any of them are for you! 

Insomnia Cookies

The good thing about Insomnia Cookies is that you don’t only have to eat them at night, they’re just also open then. Texas runs on brisket, tacos, and a sweet tooth. And that’s why Insomnia Cookies is at the top of the list of best multi-unit franchise opportunities in Texas. 

Some of those cravings occasionally occur at night, which is when you can have them satisfied at Insomnia Cookies. I just checked the location by me, and I can see it doesn’t close until 3AM, so I may just pick some up after I’m done with this article. 

Insomnia Cookies don’t just satisfy a craving, but they’re also perfect in places where people tend to stay up late. Having a location right near a university provides a great place for those exam-studying students to go and pick up something sweet. 

If you can find a location in College Station or Lubbock, you’re well on your way to being a successful franchise owner. However, students are not the only ones with a sweet tooth. Set up shop where there’s a lot of nightlife, and you’re sure people will stumble by once they’ve had one too many. 

Texas’ student population is big as a consequence of the universities that are set up there. In addition, the state has seen tons of young professionals move there too. However, Insomnia Cookies offers a product people may crave at midnight but don’t want to bakea themselves. 

It also has good margins. What’s better than a business with an addicting product with great margins and high degrees of repeat customers? Not a lot. 

Heck, this business could even be successful near families as kids will love going there on Friday nights. 

Budget Blinds

Budget Blinds is a business in a completely different category, but one that can be very lucrative. Home services is a place where people drop a lot of money, and I wish there would have been a Budget Blinds around when I was looking to install blinds not too long ago. 

However, instead I tried myriads of different things, and I can definitely tell you that Home Depot is not the place I would recommend. 

Blinds are one of those big decisions in people’s homes that they don’t want to get wrong because it’s something you’ll have to look at for years and years! As a consequence, people are dropping thousands of dollars to make sure they get it right. That’s where your opportunity comes in! 

The opportunities that exist for custom blinds are not great if you’re not at the very least very handy. Texas has a lot of things going for it, and everything is bigger there, including the suburbs. 

In addition, the real estate market there is red hot with communities popping up everywhere. And you probably guessed what they’re in need of! Even if they want stylish solutions, they want functionality as well, and that’s what you can offer. With the ability to get multi-unit locations in Texas, this could be a great way to become part of a business you know there’s a demand for. 

Budget Blinds is a solution that’s fair on the wallet while offering a solid product. However, it’s not the most passive investment you can make- You’ll need to manage crews or hire a really good manager. Consistency is key with this product as homeowners are sure to go online and look at reviews of your business. Those will be decisive in determining whether someone goes with you or not. 

Yogurtland

I always joke that “Texas heat builds character—and franchise sales,” at least if you choose the right option. With Yogurtland’s growing brand, there could be frozen treats on the menu and on your bank account. 

The biggest thing you have on your side for this business is the extreme heat that Texas gets. Frozen yogurt is a type of dessert that’s great when the weather’s hot outside, which means you’ll be in season for the better part of the year. 

The question about this business is whether or not you think there are enough frozen yogurt places out there and whether you believe in it over traditional ice cream. When you’re considering opening up several locations, it’s very important to consider where those get included. 

You want to make sure you’re in the places where your customers are, which means proximity to schools and other places with high foot traffic. However, malls are also great locations. 

Hydrate IV Bar

IV therapy franchises are popping up everywhere, and even if they scream “LA,” there are lots of pockets in Texas where you could thrive. The business model is booming for a reason, and Hydrate IV Bar is a great, polished version of it. 

Hydrate IV Bar is wellness-focused, delivering a luxury product where the quality of the experience is at the heart of the business model. 

For this model to be successful as a multi-unit approach in Texas, you need to set up shop in areas where there’s both a considerable wellness focus and a good chunk of disposable income. Without either, the model won’t work. 

Hydrate IV Bar is definitely a concept that’s not appropriate for a lot of places in the state, and some places may not even have the disposable income, but just not be receptive to the concept. 

Austin, Houston, and Dallas are the markets I recommend you look at if you try and make IV therapy successful in Texas. It’s where professionals work hard and play hard. However, they also want to stay on top of their heath… And they may even go for a round of vitamin C after a night in town. 

It’s a health-care adjacent model which creates a certain expectation for the quality of the staff you need to hire. Medical oversight, licensing, and territory selections are all key to be compliant and successful. 

Factors to consider

Regardless of whether you’re setting up shop in Texas, Wisconsin, or Missouri, you’ll need to learn how to read an FDD. However, there are also state-specific factors to consider in Texas that won’t be as prevalent in other states. 

With the urban sprawl of Texas, you want to consider whether it lends itself well to the franchise concept you consider. Some businesses are better in situations where the population density is higher, whereas others work in suburban settings. 

It’s important to keep your end strategy in mind as it will influence your daily operations. If you’ll need to go between the various franchise units regularly, it can be convenient if they’re easy to get to. However, you also want to make sure they don’t cannibalize each other. 

Places like Budget Blinds will cannibalize each other considerably more because it’s something people are generally willing to travel to to get right. On the other hand, consumers are likely to choose a fast food option that’s closer by rather than having to drive 30 minutes each way. 

The weather’s important to consider in Texas. While residents may be kept inside in other states because it snows part of the year, Texans tend to stay inside when it’s too warm. Regardless, local weather situations should be considered for any franchise you consider opening.