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