Franchising Statistics
•	There are currently over 6400 franchise concepts
•	The 600,000 franchised businesses in the U.S. generate nearly $1 trillion each year -- nearly half of all retail sales.
•	Only 8% of all retail and service businesses are franchises, yet they account for 42% of total dollar volume.
•	Franchised businesses employ over 8.5 million people.
•	A 1999 study conducted by the United States Chamber of Commerce found that 97% of franchises were still open for business after five years, and that 86% were still under original ownership.
•	In contrast, a U.S. Small Business Administration study conducted 1978 - 1998 found that 62% of non-franchised businesses closed within their first 6 years (due to failure, bankruptcy, etc.).
•	After ten years, non-franchised businesses have an 18% survival rate while 90% of franchises are still in business.
•	1 out of every 12 businesses is a franchise business.
•	A new franchise business opens every 8 minutes of every business day.
•	In 2000, the median gross annual income of franchisees ranged from $75,000 to $124,000, with over 30% of franchisees earning over $150,000 per year.
•	There is no automatic correlation between the cost of a franchise and how much income it will generate.