Best Franchise Opportunities in Peoria, Illinois

Whether you’re buying Playa Bowls franchises in Peoria, buying Cinnabon franchises in Tallahassee, or buying MOD Pizza franchises in Killeen, I’m here to help you avoid the wrong choice. Read about my approach to franchise consulting in Peoria or book a call with me using the button below. Read why I think Insomnia Cookies, Twice the Ice, and Insomnia Cookies are some of the best franchise opportunities in Peoria, Illinois. Buying a franchise in Peoria is more than knowing Hilton Garden Inn’s franchise cost is $21.93M-$32.38M or that Tire Discounters’s franchise fee is $22500.

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

Book a free call to discuss 100s of opportunities we didn’t have space to display on this page.

Firehouse Subs

This has zero chill—and that’s that point. Attention, Peoria. The excitement here is pre-installed. Ysecureing for the sake of a sandwich empire? With Illinois' unpredictable weather, Firehouse Subs offers filling comfort food, crafting it a local hero. Repeat business won’t be your goal—it’ll be your norm. Plus, who is able to resist supporting a business that gives back to first responders – instant local community goodwill. Ready to run the play? Let’s go.

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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Playa Bowls

Not all opportunities are created equal—this one stands out. Peoria, Illinois, with a population of 262,461, offers a substantial n base. The customer journey here can start alongside foot traffic and grow into retention. This city's demographic could potentially support Playa Bowls. That synergy can accelerate brand awareness and customer ade. Consider its site, as it may contribute to accessibility and visibility, which are key factors for success. Franchises thrive where the numbers work—this is one of those places.

Franchise overview
CategoryRestaurants & Food
Investment range$256K-$1.04M
Royalty (in %)6%
Marketing fund (in %)2%
Minimum cash required$92,500
Franchise fee$35,000
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Black Bear Diner

If you love storytelling, this neighborhood’s already halfway there. Peoria, Illinois, a city rich in manufacturing history, could be perfect for the sake of a Black Bear Diner franchise, especially near the Warehouse District. Known for its own revitalized industrial spaces, this area draws locals and tourists alike. Cautiously consider this location given its growing popularity as a dining and entertainment hub. . You can’t buy character like that—it’s built in. This area rewards businesses that ‘get’ the neighborhood. The location has personality—now it needs a smart operator.

Franchise overview
CategoryRestaurants & Food
Investment range$1.55M-$2.35M
Royalty (in %)5%
Marketing fund (in %)1%
Minimum cash required$350,000
Franchise fee$39,500
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Habit Burger

These kinds of neighborhoods are where loyalty lives. Imagine families strolling tree-lined streets, drawn by the aroma of charbroiled burgers from within your new Habit Burger in Peoria. You can easily do a lot with a site that alprimed feels lived in. The friendly chatter and happy smiles are a hallmark of your community gathering spot, a single welcome addition to this vibrant neighborhood. That kind of uniformity calls for real leadership. This is a great opportunity for the sake of someone looking to own one business, though like any business venture, success requires dedication and a strong work ethic. This could be the start of something meaningful—if you’re ready for the sake of it all.

Franchise overview
Interesting neighbourhood(s)The Shoppes at Grand Prairie (high foot traffic), Downtown Peoria (growing residential population), Junction City (proximity to Bradley University)
Typical customer profileA middle-class Peoria family seeking tasty, affordable burgers.
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Five Guys

Strong brands still need smart local roadmap. Five Guys offers customizable burgers, fresh-cut fries, and milkshakes, a delicious alternative toward standard fast food. That kind of flavor profile has broad population group appeal. Peoria residents, known for their appreciation of the quality food and local favorites, may embrace this premium, customizable e. Brand l helps, but operations will create or break it all. Nevertheless, market research should confirm local p before making a final investment decision. The pieces are in place—now it’s about putting them together well.

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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MOD Pizza

Think city pride meets extra sauce. Peoria inhabitants love a reliable deal, and MOD Pizza's customizable pies mean all people gets exactly what they want n breaking the bank. Because let’s be honest—locals are picky, but loyal. Just be prepared for some passionate debates about whether provel or mozzarella is truly the superior cheese. Local enthusiasm is great, but consistency wins multi-year. It's Peoria, after all, strong opinions are often practically a single local delicacy!. Get the basics right, and that buzz will likely take care of itself.

Franchise overview
CategoryFast‑Casual Pizza
Investment range$1M-$1.3M
Royalty (in %)5%
Marketing fund (in %)2%
Minimum cash required$217,500
Franchise fee$30,000
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Twice the Ice

The market is promising, but highly segmented. The Shoppes at Grand Prairie area offers a vibrant mix of retail and family activities, crafting it ideal for capturing after-school and weekend traffic, ensuring strong initial sales. This mix of use cases creates multiple entry points for rs. Alternatively, focusing solely on the Warehouse District is likely to prove challenging due to its c residential population and primarily nightlife-oriented companies. With tight logistics, you’ll be able toward sustain market share. While potential exists in the Warehouse District, prioritizing a location with established foot traffic will provide a more secure foundation for your Twice the Ice franchise. If you show up where it counts, the t will follow.

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Swig

Prepare for glory… or at least breakfast rush bragging rights. Peoria craves those sweet, caffeinated concoctions. It’s the variety of neighborhood where solid service becomes local lore. Just be sure to factor in Illinois winters (iced drinks, really?) and avoid naming your signature drink "The Corn Belt Classic. Get to know your early p—they’ll help shape your identity. With a little Midwestern charm, you'll be swimming in sugar, not tears. . Show up with purpose and people will start to trust your space.

Franchise overview
CategoryRestaurants & Food
Investment range$505K-$1.12M
Royalty (in %)8%
Marketing fund (in %)2%
Minimum cash required$132,500
Franchise fee$39,500
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Factors to consider

When looking for a franchise in Peoria there are city-specific factors to consider. Consider this. Seasonal tourism fluctuations are an important factor to consider. However, here’s what you should know: Potential franchisees should be aware of the impact on sales during peak and off-seasons. But make sure to know this, too. Community demographics are essential when deciding to open a franchise. So, here’s what to do: A prospective franchisee should examine the population’s income levels, education, and family composition to assess the market’s potential.

Here are some local links to help you when opening a franchise in Peoria: www.ilsos.gov, www.illinoisattorneygeneral.gov, and dceo.illinois.gov
Other Cities
CityHighlighted franchise
Peoria, IllinoisFirehouse Subs
Firehouse SubsCinnabon
Killeen, TexasMOD Pizza
St. Petersburg, FloridaSweetgreen
Other Cities
CityPopulation
Peoria, Illinois262461
Tallahassee, Florida261271
Killeen, Texas261099
St. Petersburg, Florida260646

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.