Browse Opportunities in Alberta by Industry
Alberta, Canada, offers a wide range of franchise business opportunities for entrepreneurs with varying business backgrounds and experience. A high gross domestic product per capita and an abundance of resources for franchisees have made Alberta a leader in franchisee growth and a great starting point for businesses of all types and sizes.
Why Start a Franchise in Alberta?
For new franchisees, Alberta offers many benefits. Unlike other Canadian provinces, Alberta doesn't have a provincial sales tax, which greatly lowers the tax burden for business owners. Referred to as the "Alberta Advantage," the absence of provincial sales tax makes this province an extremely tax-friendly location. Some additional benefits to starting a franchise in Alberta include:
- A growing franchise market: Alberta has a steady franchise unit growth. As of 2023, the province was home to approximately 46% of Canada's new franchises.
- Potential for permanent residency: The Alberta Advantage Immigration Program nominates certain people for permanent residency in Canada. Potential nominees include individuals planning to start or buy businesses in Alberta, making it a good location for franchisees immigrating from outside Canada.
- Skilled workforce: Canada's education system is known for producing a highly skilled work and labor force. This helps ensure franchisees have access to potential employees with a wide range of skill sets.
Best Franchise Opportunities in Alberta
While Alberta offers many franchising opportunities, the food-and-beverage and home-service industries are among the front-runners for successful businesses. Some well-known franchises in these categories include:
- Ramen Misoya: With 156 locations in Japan and worldwide (as of 2023), Ramen Misoya offers traditional Japanese noodle dishes crafted with signature ramen ingredients. All franchisees receive an exclusive franchise package that ranges from marketing brand support to optional training in Japan.
- Freshslice Pizza: Named one of the top 10 franchises in CIO Global magazine, Freshslice Pizza operates in over 100 locations throughout Canada. The take-out model restaurant offers traditional pizzas with a wide range of toppings, and all franchisees are provided with training, hiring support, and in-house production services.
- Elite Window Cleaning: Elite Window Cleaning offers home services, such as window cleaning, pressure washing, and gutter cleaning. Low initial costs and the ability to grow and expand make this organization an ideal option for beginner franchisees.
- Hickory Dickory Decks: One of Canada's largest custom deck-building companies, Hickory Dickory Decks is a nationally recognized brand with a proven selling and building process. Franchisees enjoy time off during the winter months, and the company provides corporate training and referrals to help new businesses grow.
Steps to Buying a Franchise in Alberta
While specific details may depend on the organization, you can take general steps when buying an Alberta franchise.
- Research franchise opportunities: Before making a final purchase decision, take time to research franchise opportunities and weigh the pros and cons of each organization. Figuring out current market trends and gauging potential revenue can also help potential franchisees make informed decisions.
- Completion of documents: During the purchasing process, franchisees are typically provided with Franchise Disclosure Documents and other paperwork. These documents should be reviewed thoroughly before signing. If necessary, you can also consult with a franchise attorney. In Alberta, franchisors must give potential franchisees 14 days to review the FDD and other documents before they pay fees and sign.
- Franchisee training: While specific training procedures can vary depending on the business, most franchisors in Alberta provide training courses for new franchisees. Your franchisor may also hold a meet and greet or discovery day for franchisees to learn more about the business and ask questions.
- Marketing and launching your business: The final step in the franchising process is launching your business. After obtaining all required permits and licenses, it's a good idea to meet with your franchisor's marketing team to secure marketing materials and receive guidance on advertising.
Costs and Investment Figures for Franchising in Alberta
The costs and overall investment for franchising in Alberta can vary significantly, depending on business size and type, the number of franchises, and franchise fees.
Your FDD should provide an outline of general franchise fees, but consider additional costs, such as insurance, employee pay and benefits, and ongoing operation of your business. While specific monetary amounts are based on your specific franchise, the average costs can range from USD 20,000 (CAD 27,223.00) to USD 50,000 (CAD 68,057.50) and up.
Find a Franchise for Sale in Alberta Today!
If you're interested in buying a franchise in Alberta, get started today by searching Franchise Direct Canada. Browse a wide selection of franchise business opportunities, from food-and-beverage establishments to homecare services, and request free information directly from the franchise.