MultiUnit Franchising Grows at Lightning Speed
Current data continues to validate that multi-unit and multi-brand franchising is evolving at lightning speed in all industry segments. In fact, FRANdata, a Washington-based information company specializing in franchise research based on UFOCs, recently released the following statistics to Franchise UPDATE, Inc.:
27,000 franchisees own and operate two or more franchise units in the United States.
7,000 franchisees operate two or more brands as multi-unit franchisees.
These 27,000 multi-unit franchisees represent more than 30 different industries and together operate 110,000 franchise units, out of a total of 219,000 franchise units in the United States.
Published: December 1st, 2003
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