March to your own drum!

CORPORATE OFFICE:
9645 W. Sample Road
Coral Springs, Florida 33065
United States of America

(954) 323-2216
Fax 954-840-6746
coralsprings@fitwize4kids.com

The Success of Franchising

The fitness industry is a $15 billion industry.

Franchise Facts

	Franchised businesses earn more than $800 billion in annual sales in the United States.
	Franchises account for 40% of all retail sales in the United States.
	In the 21st Century, total franchise sales reached $1 trillion.
	1 in 12 business establishments is a franchise.
	A new franchise opens every 8 minutes of every business day.
	There are an estimated 550,000 franchises in the United States.
	The average initial franchise investment is $250,000, excluding real estate.
	The average royalty fees paid by franchisees range from 3% to 6% of monthly gross sales.
	Most franchisors have fewer than 100 units.
	The average length of a franchise contract is 10 years.
	Franchise businesses employ more than 8 million people, with an average of 8 to 14 employees per business.
	Franchisors create more than 170,000 new jobs each year.
	More than 75 different industries use franchising as a means to distribute goods and services.
	A government study has indicated that up to 77% of all independent businesses close their doors within 5 years of opening, while only 8% of franchises close in the same time period.
	A Gallup survey has indicated that 94% of franchise owners considered themselves to be successful, and 75% would repeat their franchise again.
	The number of franchised locations in the United States is more than 320,000 in 75 industries.