Thinking of Franchising in California? Check out these quick facts to get the whole picture!
Every year, the International Franchise Association publishes a comprehensive report highlighting the economic impact franchising has on the US economy. Our data for 2017 showed that there are 733,000 franchise establishments that support nearly 7.6 million jobs, $674.3 billion of economic output for the U.S. economy, and 2.5 percent of the Gross Domestic Product (GDP).
In California alone, there are an incredible 76,000 franchises. Meaning that California alone makes up for nearly 10% of franchisees nationwide making it a great place to start a franchise! California franchising supports nearly 729,000 jobs, $69.4 billion of California'a economic output, and $43.9 billion of their Gross Domestic Product (GDP). Get more information about the economic impact of franchising in California by clicking here, or by going to https://franchiseeconomy.com/ and selecting your state!
. To get started on your journey of franchise ownership in California, here’s a list of IFA members who are offering franchises https://www.franchise.org/franchise-opportunities/All/california.