Current Franchising Statistics as of October 2007
- The top franchise company is McDonalds
- The top franchise industry is Fast Food
- The average length of a franchisee's contract is ten years
- More then 75% of franchise companies have less then 100 units
- The average initial investment of a franchisee is $250,000 - this figure is not including real estate
- More then 75 different industries use franchising as their route to distribute services and goods
- There are around 1,500 different franchisors operating in the USA.
- There are about 330,000 franchise retail outlets in the USA.
- Annual US retail franchise sales are anywhere from 2000 to 1 TRILLION
- The franchise industry is accounted for forty percent of all retail sales in the USA
- A new franchise opens every eight minutes of every business day
- One out of 12 businesses in the USA is a franchise business
About the Author
Roger Morad is the expert columnist and article writer for ModernFranchises.com - He is an industry expert that reports daily on franchising and business opportunity news. Roger's background includes being a successful franchise owner and consultant for over 20 years.
www.modernfranchises.com is a leader in showing the latest franchise opportunites via its directory site.