Just released, the U.S. Census Bureau's report on franchise data from 2007 is the first comprehensive look at the franchise industry. The report shows that franchisee-owned businesses accounted for $1.1 TRILLION in sales! Highlights from the report:
•Limited-service restaurants, sometimes called fast food restaurants, had the highest number of franchise establishments with paid employees (124,898).
•Limited-service restaurants were 3rd in sales with $112.6 billion.
•Sales for franchise establishments in the diet weight loss centers industry represented 62.7 percent of all sales for that industry.
•Mail centers had the second highest percentage (67.9%) of franchise establishments compared with all establishments in that industry.
The consultants at Meta-Franchise Consulting are ready to help you get a piece of the $1.1 trillion pie.
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