Posted May 12, 2025 NJ – Economic Data Share The state of New Jersey has over 21,000 franchise locations which provide jobs for 228,320 people. Franchises generated over $25.4 billion in 2024. State Overview (PDF) 21,576 # of Franchise Locations 1.5% Franchise Location Growth Rate 228,320 Employees Employed by Franchises $25.4 Billion Franchise Revenue 5.2% Franchise Revenue Growth Rate