Franchising Statistics

Facts and Figures About Franchise Businesses

The decision to open a franchise business is extremely research-intensive. Business owners, investors, and entrepreneurs considering their options need to weigh the risks and rewards, and consider the statistics before they make their decision.

If you are considering opening a franchise business, consider the following franchise facts, figures, and statistics:

  • According to Entrepreneur Magazine, “Success rates for franchises are greater than 90%, making this the lowest failure rate of any type of business.”
  • Research found that while 20% of individual startups were still in operation after 7 years in business, franchised businesses were still operating at a rate of 91%. (
  • A majority of franchise owners are men (71.9%) while women make up 28.1% of franchise owners. (
  • The median age of franchise owners falls between 45 and 54 years old. 12% of franchise owners are younger than 34 and 28% are 55 years and older. (
  • A majority of franchise owners have a Bachelor’s Degree – about 44%. Franchisees that possess advanced degrees comprise about 19% of franchise owners, and U.S. military veterans make up about 12% of franchise owners. (
  • Franchise establishments comprise about 10% of all business establishments. “All establishments” = 4,336,046, while “total franchise establishments” = 453,326. (U.S. Department of Commerce)
  • There are approximately 28,572 service industry franchise businesses. Accommodation & Food Services franchises comprise the largest portion of the total franchise business sector. (U.S. Department of Commerce)

New Call-to-action

Connect with a Franchise Advisor Today.

hbspt.forms.create({ css: '', portalId: '2098654', formId: 'dc7ec072-633f-45c6-8867-162279e08558', formInstanceId: '1', target: ' .contact-form' });

The Energy of an Independent Business. The Experience of a National Brand.

If you would like to learn more about service franchise opportunities, contact us today! Our integrated marketing help, vendor discounts, comprehensive training, and coaching support can equip you with the tools and resources you need to build a successful franchise business.

Contact us today to learn more about franchising and our available opportunities!

  • Franchise 500  Ranked
  • Military Times Best for Vets Winner
  • Franchise Gator Top 100
  • Mary Thompson won the 2013 Bony LeVine Award at the International Franchise Association