Posted May 12, 2025 RI – Economic Data Share The state of Rhode Island is home to 2,207 franchise locations which employ over 23,000 people. Rhode Island had a franchise growth rate of 7.7% bringing in a revenue of $2.5 billion in 2024. State Overview (PDF) 2,207 # of Franchise Locations 0.4% Franchise Location Growth Rate 23,355 Employees Employed by Franchises $2.5 Billion Franchise Revenue 7.7% Franchise Revenue Growth Rate