When most people think about franchise opportunities, they think of fast food – or limited-service restaurants – as the only game in town. But according to the U.S. Census Bureau, the franchising landscape is not confined to burgers and pizza.
Though restaurant franchises had the largest number of franchise establishments and franchise employment, they were not alone in making up a high share of all businesses in a given industry. Other industries with franchise opportunities include soft drink manufacturing, with a nearly 30% growth in franchise share between 2007 and 2017; new car dealers; gas stations and convenience stores; and passenger car leasing businesses.
Limited-service restaurants do offer the most franchise opportunities, with 144,941 franchisee-owned businesses operating as of 2017.
This industry experienced the greatest increase in franchise establishments from 2007 to 2017, adding a net 20,042 Limited-Service Restaurants during the decade. It also had the greatest increase in franchise employment during the same period (up 609,508), employing 3,214,717 people in 2017.