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Franchise Industry Statistics
A new franchised business is purchased every 8 minutes in the U.S.
There are an estimated 2,500 different franchisors operating in the U.S.
There are more than 320,000 franchise retail outlets in the U.S.
The franchising industry employs over 8.5 million people in the U.S.
Annual U.S. retail franchise sales in 2000 - $1 trillion.
The franchise industry accounts for 40% of all retail sales in the U.S.
Most franchise companies have fewer than 100 units
The average length of a franchise contract is 10 years.
Approximately one out of every 12 businesses in the U.S. is a franchise business.
Top franchise industry- Fast Food (15%).
