Posted May 12, 2025 AZ – Economic Data Share The state of Arizona has 19,060 franchise locations, which employ 202,697 people. Arizona franchises generated $20.1 billion in revenue in 2024. State Overview (PDF) 19,060 # of Franchise Locations 7.2% Franchise Location Growth Rate 202,697 Employees Employed by Franchises $20.1 Billion Franchise Revenue 12.6% Franchise Revenue Growth Rate