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15 Franchise Stats
for 2014
Want some factoids to
inform
your
franchise
growth strategy in 2014?
Take a peek at these stats
to inform your franchising
decisions this year.
JOBS, JOBS, & MORE JOBS

#1

Franchises are expected
to add nearly 200,000 new
jobs in 2014. Source

#2
#3

The pace of employment
gains created by
franchises will continue to
outpace total private sector
employment growth by
0.3%. Source

Franchising accounts for
roughly 10% of new U.S.
jobs. Source
THE GROWTH FACTOR

#4

#5

The number of franchise
businesses in 2014 is
expected to rise by 12,915
in 2014, bringing total
establishments to 770,368.
Source

The 2014 establishment
growth rate is expected to
rise 1.7% from 1.4% in
2013. Source
SHOW ME THE MONEY

#6

The output of franchise
establishment, in terms of
dollar revenue, is expected
to increase 4.7% in 2014 
up from the 4.3% recorded
in 2013. Source

#7

Franchise businesses are
forecasted to represent
4.5% of U.S. GDP or $493
billion in 2014  up from
3.5% of U.S. GDP or $472
billion in 2013. Source
ONES TO WATCH

#8

#10

Within the franchising
sector, business
services, commercial and
residential services, and
quick service restaurants
are expected to be the
biggest drivers of job
creation in 2014. Source

#9

Restaurants are the largest
franchisors, with roughly
155,571 quick service
franchise restaurants and
36,981 full-service franchise
establishments in operation in
2014. Source

Business services has the
fastest growth rate and is
expected to add 35,109
franchise jobs in 2014,
while quick service
restaurants, the largest
sector in franchising, is
expected to generate
75,596 new jobs. Source
HEAVY HITTERS

#11

Multi-unit franchise
operators control 55% of
all franchised units in the
U.S. Source

#12

At 64%, West Virginia has the
highest concentration of multiunit franchisees. All other
states with high
concentrations of multi-unit
franchisees are southern
states including:
Arkansas, Mississippi, Kentuc
ky and Alabama with 62%
each. Source
CONCENTRATED EFFORTS

#13

The average multi-unit
franchisee owns 5
franchised locations, up
from about 3.5 in 2007.
Source

#14

The industries with the
highest concentration of
multi-unit franchisees are
in food. Source

#15

The top 10 industries by
multi-unit franchise control
are: Source
FRANCHISE CALL-TO-ACTION
In a crowded competitive environment, its more important than ever for franchises both
large and small to have a keen understanding of their customers and a precise
definition of their market position in order to stand out from the crowd.
Buxton gives franchisors the tools they need to truly define and locate their target
audience while giving them the ability to make informed, data-driven decisions for site
selection, marketing strategies and territory development.
If you need help growing your franchise, reach out to us.

BUXTON@BUXTONCO.COM or 800-2BUXTON

More Related Content

15 Franchise Statistics for 2014

  • 1. 15 Franchise Stats for 2014 Want some factoids to inform your franchise growth strategy in 2014? Take a peek at these stats to inform your franchising decisions this year.
  • 2. JOBS, JOBS, & MORE JOBS #1 Franchises are expected to add nearly 200,000 new jobs in 2014. Source #2 #3 The pace of employment gains created by franchises will continue to outpace total private sector employment growth by 0.3%. Source Franchising accounts for roughly 10% of new U.S. jobs. Source
  • 3. THE GROWTH FACTOR #4 #5 The number of franchise businesses in 2014 is expected to rise by 12,915 in 2014, bringing total establishments to 770,368. Source The 2014 establishment growth rate is expected to rise 1.7% from 1.4% in 2013. Source
  • 4. SHOW ME THE MONEY #6 The output of franchise establishment, in terms of dollar revenue, is expected to increase 4.7% in 2014 up from the 4.3% recorded in 2013. Source #7 Franchise businesses are forecasted to represent 4.5% of U.S. GDP or $493 billion in 2014 up from 3.5% of U.S. GDP or $472 billion in 2013. Source
  • 5. ONES TO WATCH #8 #10 Within the franchising sector, business services, commercial and residential services, and quick service restaurants are expected to be the biggest drivers of job creation in 2014. Source #9 Restaurants are the largest franchisors, with roughly 155,571 quick service franchise restaurants and 36,981 full-service franchise establishments in operation in 2014. Source Business services has the fastest growth rate and is expected to add 35,109 franchise jobs in 2014, while quick service restaurants, the largest sector in franchising, is expected to generate 75,596 new jobs. Source
  • 6. HEAVY HITTERS #11 Multi-unit franchise operators control 55% of all franchised units in the U.S. Source #12 At 64%, West Virginia has the highest concentration of multiunit franchisees. All other states with high concentrations of multi-unit franchisees are southern states including: Arkansas, Mississippi, Kentuc ky and Alabama with 62% each. Source
  • 7. CONCENTRATED EFFORTS #13 The average multi-unit franchisee owns 5 franchised locations, up from about 3.5 in 2007. Source #14 The industries with the highest concentration of multi-unit franchisees are in food. Source #15 The top 10 industries by multi-unit franchise control are: Source
  • 8. FRANCHISE CALL-TO-ACTION In a crowded competitive environment, its more important than ever for franchises both large and small to have a keen understanding of their customers and a precise definition of their market position in order to stand out from the crowd. Buxton gives franchisors the tools they need to truly define and locate their target audience while giving them the ability to make informed, data-driven decisions for site selection, marketing strategies and territory development. If you need help growing your franchise, reach out to us. BUXTON@BUXTONCO.COM or 800-2BUXTON