Posted May 12, 2025 NM – Economic Data Share The state of New Mexico has 4,970 franchise locations, which employ 52,593 people. New Mexico franchises generated $5.4 billion in revenue in 2024. State Overview (PDF) 4,970 # of Franchise Locations 1.4% Franchise Location Growth Rate 52,593 Employees Employed by Franchises $5.4 Billion Franchise Revenue 13.9% Franchise Revenue Growth Rate