As of October 2007, these are the current franchising facts and statistics:

- The top franchise company is McDonalds

- The top franchise industry is Fast Food

- The average length of a franchisee's contract is ten years

- More then 75% of franchise companies have less then 100 units

- The average initial investment of a franchisee is $250,000 - this figure is not including real estate

- More then 75 different industries use franchising as their route to distribute services and goods

- There are around 1,500 different franchisors operating in the USA.

- There are about 330,000 franchise retail outlets in the USA.

- Annual US retail franchise sales are anywhere from 2000 to 1 TRILLION

- The franchise industry is accounted for forty percent of all retail sales in the USA

- A new franchise opens every eight minutes of every business day

- One out of 12 businesses in the USA is a franchise business

Labels: Franchise Opportunity