Franchise Industry Research

• In the United States, there are an estimated 3,000 different franchisors.
• In the United States, there are over 1 million franchised locations owned by franchisees.
• The Franchise Industry employs over 25 million people in the U.S.
• In 2009, it is estimated that the franchise industry contributed over $2.5 Trillion in contribution to the U.S. GDP.
• Almost 6% of all privately owned businesses in the USA are franchises using a prescribed, consistent business model.
• The franchise industry accounts for approximately 40% of all retail sales in the US.
• A Franchise opens every eight minutes each business day.
• The Average Franchise Owner in the United States Earns $70,000 per year.
• Franchising is defined as a Method of Distributing Goods and Services to Markets.
• Franchise Investments average $150,000 in the 2010 marketplace – excluding real estate.
• Average Royalties paid from Franchisees to Franchisors range from flat monthly fees to % basis – (2% – 25%).
• The Number One Ranked Franchise By Entrepreneur Magazine is Anytime Fitness.
• The average length of a franchise contract is 10 years.
• Singer Sewing Machine Company launched the first franchise model by selling their machines through franchised sales territories.
• Franchises provide franchisees with a significantly higher chance of succeeding in business than do independent start up businesses.

 

For information on Franchise Market Research call 1.877.651.2440