10 Franchise Industry Statistics

1. It was estimated that there were 745,078 franchise establishments in operation in the U.S. in 2017.

2. The number of franchise establishments increased an average 1.6% in 2017 across all 10 business-format lines.

3. The personal services line takes the lead with 2.5% in franchise establishments growth, followed closely by the quick service line at 1.8% growth.

4. Estimated franchise employment in 2017 was 7,878,800.That’s a year-over-year increase of 3.1%.

5. The top 5 states for Franchise Employment Growth in 2017 were

1. Utah (5.2%)

2. Florida (4.4%)

3. Oregon (4.4%)

4. Nevada (4.1%)

5. Washington (4.0%)

6. Top 5 states for Franchise Output Growth: 2017

1. Utah (7.6%)

2. Florida (7.0%)

3. South Carolina (7.0%)

4. Washington (6.7%)

5. Wisconsin (6.5%)

7. 7-Eleven was ranked 1st in Entrepreneur’s 2017 Franchise 500 Ranking.

8. More than 22% of the 988 companies that submitted their information for Entrepreneur’s 2017 Franchise 500 ranking started franchising in the past five years. 

9. Mosquito Joe* was ranked 1st in Entrepreneur’s 2017 Top New Franchise Ranking.

10. 76% of all voters have a favorable view of neighborhood family-owned franchise businesses according to www.franchiseeconomy.com.