Best Franchise Opportunities in Indianapolis, Indiana

Whether you’re buying Freddy’s franchises in Indianapolis, buying Playa Bowls franchises in Pittsburgh, or buying Firehouse Subs franchises in Cincinnati, I’m here to help you avoid the wrong choice. Read about my approach to franchise consulting in Indianapolis or book a call with me using the button below. Read why I think Twice the Ice, Sweetgreen, and Roof Maxx are some of the best franchise opportunities in Indianapolis, Indiana. Buying a franchise in Indianapolis is more than knowing Little Caesar’s franchise cost is $447K-$1.82M or that Little Caesar’s franchise fee is $20000.

My name is Thomas Jepsen, and I’m a FBA-certified franchise consultant. When you’re ready to buy a franchise in Indianapolis, let me know. It doesn’t matter if it’s Indianapolis or Broad Ripple — I am here to help!

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Cinnabon

This isn’t just a business—it’s a brand with legs. Indianapolis long fors a sugar rush after Pacers games. That excitement here is pre-installed. Hoosiers love comforting classics, and what's more classic than a giant, gooey Cinnabon? Exploit on that Midwest sweet tooth – success is virtually baked in. Before long, you’ll be eyeing the next location. In case you missed it: this is a big deal.

Franchise overview
CategoryRestaurants & Food
Investment range$247K-$675K
Royalty (in %)6%
Marketing fund (in %)3%
Minimum cash required$72,500
Franchise fee$30,500
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Freddy's

ONE franchise k the guesswork? That starts here. Indianapolis, Indiana, with its population of 1740984, presents a substantial customer base for Freddy's. That population level supports both dine-in and delivery formats. The city's diverse audience profile could potentially align with Freddy's target local market. You’re not merely entering a market—you’re tapping into momentum. Its existing market size points to a promising foundation for Freddy's expansion. From infrastructure to audience alignment, this opportunity is well-rounded.

Franchise overview
CategoryRestaurants & Food
Investment range$1.49M-$2.75M
Royalty (in %)5%
Marketing fund (in %)2%
Minimum cash required$362,500
Franchise fee$35,000
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Roof Maxx

You personally want honesty? You’ll need to work for that one. Indy's got older homes with aging roofs; Roof Maxx fills a need. There’s attention—but attention is truly fickle. Indiana's weather beats 'em up, so demand is steady, but competition's tough. This market rewards those who actually show up daily. Smart marketing and hustle could make it procable. This is one of those that works… if you do.

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Firehouse Subs

If you know how to listen to a neighborhood, this one talks. Indianapolis is a x market and its own inhabitants appreciate quality food. Considering debut a Firehouse Subs near the historic Old Northside neighborhood; it was once home to a bustling bicycle manufacturing industry! While competition exists, this area boasts a strong sense of community and could be a great place to anchor your business. . Don’t overlook how much local lore drives foot traffic. This area rewards firms that ‘get’ the neighborhood. Together with thoughtful planning, this could be a great fit.

Franchise overview
CategoryRestaurants & Food
Investment range$379K-$1.04M
Royalty (in %)6%
Marketing fund (in %)5%
Minimum cash required$110,000
Franchise fee$20,000
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Bonchon

This could be more than foot traffic—it might be able to be familiar faces. Imagine families strolling along tree-lined streets in a vibrant Indianapolis neighborhood, drawn to the smell of crispy, double-fried Bonchon chicken. It’s about being part of the landscape, not just the lease agreement. This lively l, k near local shops and schools, becomes their go-to for quick, savory meals along with community assemblys. It’s a wonderful frame—but you have to fill it in. Becoming a franchisee offers great potential, but m due diligence is crucial for your e. Handle it with respect, and it could handle your goals in return.

Franchise overview
CategoryRestaurants & Food
Investment range$1.01M-$1.31M
Royalty (in %)5%
Marketing fund (in %)2%
Minimum cash required$217,500
Franchise fee$35,000
Interesting neighbourhood(s)Indianapolis, Indiana, Bonchon: Downtown (High foot traffic), Broad Ripple (Dense residential, active nightlife), Carmel (Affluent suburb, family-friendly).
Typical customer profileYoung, diverse Indianapolis residents craving Korean fried chicken.
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Five Guys

People know the product. The question is indeed—do they need it here? Five Guys serves adaptable burgers, fries cooked in peanut oil, and milkshakes with mix-ins. These kinds of products are easy to explain—and easy to crave. Indianapolis residents crave top-notch, made-to-order food with generous portions, making Five Guys a potential hit. But none of that replaces the need for pronounced day-to-day execution. However, local market research is essential to understand the existing burger landscape and ensure profitability. That prospect is real—but only if you lead with precision.

Franchise overview
CategoryRestaurants & Food
Investment range$256K-$591K
Royalty (in %)6%
Marketing fund (in %)2%
Minimum cash required$70,000
Franchise fee$25,000
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Great Clips

Insert franchise. Add city attitude. Shake well. Indianapolis inhabitants love a solid deal, especially when it comes to searching sharp for Pacers games or Colts tailgates. It hits the spot when emotional support snacks are a must. A conveniently located Great Clips means a quick, affordable haircut before hitting the town. M in a city like that means daily diligence. Just be prepared for a surge in business every single May before the Indy 500!. Be responsive, stay present, and own your corner.

Franchise overview
CategoryBeauty & Personal Care
Investment range$188K-$420K
Royalty (in %)6%
Marketing fund (in %)5%
Minimum cash required$50,000
Franchise fee$27,500
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Twice the Ice

Here’s a franchise with wide appeal and strong consumer pull. Indianapolis locals value family fun and community engagement, and Twice the Ice provides exactly that. That priority resonates strongly across a wide range of age groups. Imagine a place for affordable ice for events, sports crews, and even backyard parties, all year round. Even with local a, success s on daily performance. This fills a local need, but success hinges on securing prime locations and building strong relationships within the city. With a single strong start and steady pace, this can be a winner.

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Sweetgreen

You’ll want toward match concept strengths with hyperlocal behavior. Mass Ave is ripe with young experts and health-conscious consumers, making it an ideal site for a single Sweetgreen franchise to succeed. That local composition supports strong weekday and weekend demand. Conversely, a neighborhood like Speedway, primarily focused on racing culture and traditional dining, could present challenges in attracting a consistent n base for a health-focused chain. You’ll must have r that perform as well as your product. However, careful market l within Speedway could reveal niche opportunities for h. With dependability and local credibility, this model thrives.

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Mochinut

Before we dive in, make peace with the weather *and* the Yelp reviews. Opening a Mochinut in Indianapolis? Wonderful. You’ll be genuinely stepping into a space where tone and presence really matter. T thinking Hoosiers only eat corn – expand your palate, friends. Get to know your early customers—they’ll help shape your identity. Don't underestimate the power of a solid dipping sauce game – mediocrity is a dough-nutFinally, prepare for a sugary stampede – those chewy treats are addictive. Stay consistent and make it personal—those are your differentiators.

Franchise overview
CategoryRestaurants & Food
Investment range$234K-$486K
Royalty (in %)5%
Marketing fund (in %)N/A
Minimum cash required$60,000
Franchise fee$35,000
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Factors to consider

When looking for a franchise in Indianapolis there are city-specific factors to consider. Consider this. For aspiring franchisees, local sports team popularity can be a significant factor in assessing market potential. However, here’s what you should know: It is important to research local team fan bases and their dedication to assess the potential for a successful franchise. But make sure to know this, too. Local festivals are important to consider when evaluating franchise opportunities in the area. So, here’s what to do: Look for how the franchise can participate in festivals and events to drive brand awareness.

Here are some local links to help you when opening a franchise in Indianapolis: inbiz.in.gov, www.in.gov, and isbdc.org
Other Cities
CityHighlighted franchise
Indianapolis, IndianaCinnabon
CinnabonPlaya Bowls
Cincinnati, OhioFirehouse Subs
Manhattan, New YorkTwice the Ice
Other Cities
CityPopulation
Indianapolis, Indiana1740984
Pittsburgh, Pennsylvania1712828
Cincinnati, Ohio1704916
Manhattan, New York1694263

Disclaimer: The information above is not an offer to sell or a solicitation of an offer to buy a franchise. Offers are made only through the delivery of a FDD. Consult a lawyer when reviewing an FDD.