Posted May 12, 2025 VA – Economic Data Share The Commonwealth of Virginia has over 24,000 franchise locations, which provides jobs for 256,980 employees and had a franchise revenue of $25.7 billion in 2024. State Overview (PDF) 24,095 # of Franchise Locations 6.0% Franchise Location Growth Rate 256,980 Employees Employed by Franchises $25.747 Billion Franchise Revenue 4.1% Franchise Revenue Growth Rate