•
U.S. Department of Commerce states that
90% of franchises are still in operation after 10 years,
compared to just 18% for other forms of small business.
* A 1999 study by the U.S. Chamber Of Commerce found that
86% of franchises opened within the last 5 years were still
under the same ownership and that 97% of them were still
open for business.
•
A U.S. Department Of Commerce study conducted
from 1971 to 1997 showed that during that time, less than
5% of franchised businesses were closed each year.
•
A recent Gallup Poll of franchisees found
that more than 94% considered themselves successful, and
that more than 75% would buy their franchise again if they
had to do it over.
•
In 2000, the median gross annual income,
before taxes, of franchisees was in the $75,000 to $124,000
range, with over 30% of franchisees earning over $150,000
per year.
