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There are an estimated 1,500 different
franchisors (franchise business companies) operating in the U.S.
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There are believed to be more than 750,000
franchise businesses in the U.S.
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The franchising industry and businesses employs over
18 million people in the U.S.
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In 2004, it is estimated that franchise
businesses were responsible for over 1.5 trillion in economic
output.
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The franchise industry accounts for 40% of all
retail sales in the US
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A new franchise business opens every 8 minutes
of every business day
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Approximately one out of every 12 businesses
in the U.S. is a franchise business
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Franchise fact: More than 75 different
industries use franchising as a means to distribute goods and
services
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The average initial franchise investment is
$250,000- excluding real estate.
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The average royalty fees paid by franchisees
range from 3% to 6% of monthly gross sales.
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Most franchise companies have fewer than 100
units
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The average length of a franchise contract is
10 years
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Top franchise industry- Fast Food
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Top franchise company- McDonalds
