Posted May 12, 2025 MN – Economic Data Share The state of Minnesota has 14,203 franchise locations, which employ 150,299 people. Minnesota franchises generated $14.4 billion in revenue in 2024. State Overview (PDF) 14,203 # of Franchise Locations -0.4% Franchise Location Growth Rate 150,299 Employees Employed by Franchises $14.4 Billion Franchise Revenue 1.8% Franchise Revenue Growth Rate