2021 Analysis of Emerging FranchisesIndustry Report Published on October 04, 2021
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Each year, approximately 300 franchise brand start-ups are launched in the United States. In 2017, we published the results of a study that analyzed 10 years of data for these Emerging or start-up franchise systems. It was the first time that a comprehensive study on the performance of Emerging franchises was done. In this latest report, we present new data on this important franchise grouping, based on their outcomes from 2010 to 2019.
In this report:
- Performance and growth of Emerging franchise systems
- Investment Distribution across the grouping
- Challenges Emerging franchises face
- Notable successes among Emerging systems
An Analysis of Emerging Franchises – Part 2
Our research reveals that after attrition, 20% of franchises that started 6 to 10 years ago and continued franchising had 100 locations or more.
Franchisors and Franchisees Can Match Their Goals Through Data
When it comes to growing new franchise locations, the franchisors goal is to add as many new franchisees as their system and market can sustain.