Franchise Statistics

• Franchise businesses account for 50% of all retail sales in the United States.
   
• Franchise businesses employ more than 10 million Americans.
   
• A 1999 study by The United States Chamber of Commerce found that 86% of franchises opened within the last five years were still under the same ownership and 97% of them were still open for business.
   
• A U.S. department of commerce study conducted from 1971 to 1997 showed that during that time less than 5% of franchise businesses were closed each year.
   
• Compare that to a U.S. Small Business Administration study conducted from 1978 to 1998, which found that 62% of non franchised businesses closed within the first 6 years of their existence due to failure, bankruptcy, etc.
   
• Total sales by franchised businesses are projected to reach $1 trillion, this year.
   
• 1 out of every 12 business is a franchised business.
   
• A new franchised business is opened every 8 minutes of every business day.
   
• In 2000, the median gross annual income, before taxes, of franchisees was in the $75,000 to $124,000 range, with over 30% of franchisees earning over $150,000 per year.