in Lexington, Kentucky
Invest in a Hot Opportunity
Would you like to build your own franchise empire? Now’s the time to do it!
Why Invest in a Franchise in Lexington?
Are you looking for a franchise opportunity that will let you be your own boss? Do you want the independence of owning your own business combined with the knowledge that you have a strong corporate support behind you? Look no further than Hot Dog on a Stick! At Hot Dog on a Stick, we want our franchise owners to feel rest assured with the knowledge that we are there to support and train them from the beginning, even helping to hand pick our locations. That’s why we want to open a franchise in Lexington, Kentucky, where a thriving economy and expanding city are ready and waiting for a new gourmet hot dog restaurant to open. Keep reading for more details about the exciting city, and why a Hot Dog on a Stick franchise in Frankfort is a perfect fit.
Fast Paced Economy
Lexington has all the factors of a strong economy. Unemployment is at 4%, cost of living is 4.2% below the national average, and job growth is at 2.7%. All of these stats are better than the national rates and contributed to the city’s ranking as #16 on Forbes list of the two-hundred Best Places for Business and Careers. Forbes undoubtedly made this distinction after looking at a comprehensive list of Lexington’s economic attributes, including education and cost of doing business. Indeed, on lists marking these factors, Lexington ranked #38 and #46, respectively.
When you open your franchise in Lexington, you will be able to benefit from this strong economy, as a population that is working and paying a low cost of living has more discretionary income to spend on things like gourmet hot dogs and fresh-squeezed lemonade. In addition, the low cost of doing business will help your franchise thrive with lower utility and rent bills. The economy in Lexington creates an ideal location for a franchise.
During the last decade, Lexington has experienced serious growth in population, economy, and industries. What was once a tobacco and horse farming town has diversified into higher education, healthcare, technology, energy, and many more industries. This economic growth has led to population growth and expansion in the downtown Lexington area. As the city has taken measures to rejuvenate its downtown, new residential buildings have been constructed and older or historic buildings have been refinished.
The city currently has $1 billion worth of investments planned or underway for the downtown area, including restaurants, retail spaces, hotels, residences, and more. Your franchise in Lexington will be able to benefit from these advancements, as well as the student population of 43,000 that is driving all the development.
This franchise opportunity in Lexington is sure to go quickly, as Lexington’s rapid growth and thriving economy make it one of the hottest cities in the United States. As a Lexington franchise owner, you can get in on the ground floor of all this growth and see your business grow and thrive. If you’re ready to take the next step to being your own boss, click this LINK to find out what it takes to own a Hot Dog on a Stick franchise in Lexington.