CANADIAN FRANCHISE STATISTICS
- Canada has the second largest franchise industry in the world, led only by the U.S.
- Franchising represents over $100 billion in sales annually and continues to grow.
- Franchising employs over 1.5 million people in Canada.
- A Canadian franchise opens every 2 hours 365 days a year.
- Total franchise units: 75,809
- Average franchise fee: $25,000
- Average franchisee investment: $166,600
- Of all the franchises opened in Canada within the last 5 years, 86% are under the same ownership and 97% are still in business.
This is best period ever to begin Franchising due to a permanent economic shift.
How to tell if your small business (or large business) is a prime franchise candidate?
Fill out the quiz and let the weFRANCHISEu team assess your businesses franchisability.
If you feel you are ready to franchise, there is no better solution than weFRANCHISEu
- We have packages to suit all need and are much less costly
- We save time and create guidance
- You receive no obligation advice and consultation from the most successful franchising team in Canada.