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 There are an estimated 1,500 different franchisors (franchise companies) operating in the U.S. |
There are more than 320,000 franchise retail outlets in the U.S. |
The franchising industry employs over 8 million people in the U.S. |
Annual U.S. retail franchise sales in 2000- 1 trillion |
The franchise industry accounts for 40% of all retail sales in the US |
A new franchise business opens every 8 minutes of every business day |
Approximately one out of every 12 businesses in the U.S. is a franchise business |
Franchise fact: More than 75 different industries use franchising as a means to distribute goods and services |
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. |
Most franchise companies have fewer than 100 units |
The average length of a franchise contract is 10 years |
Top franchise industry- Fast Food |
Top franchise company- McDonalds |
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