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Nintendo doesn´t really need a new franchise. It just needs to bring back some of its old beloved franchises, like Metroid, Star Fox, Wave Race, F-Zero, Earthbound, Fire Emblem, Kirby etc etc etc etc.Those are the IPs that can sell well, after that they can think about a new franchise. 

Everybody keeps talking about new franchises but in reality new franchises suffer a lot to sell on today´s market, with a very, very few exceptions (The Last of Us.... ?).

Besides, there are all the games co-produced with Platinum and Monolith, like the excellent Wonderful 101, which unfortunately is selling poorly