FRANdata tracks all franchise brands in the US and almost nothing gets us as excited as when we see new groundbreaking concepts entering franchising, and that includes international brands entering the US. This chart is an outcome of our quarterly New Concept Report. One of the data points we include in each quarterly report is […]
It does not come as a shock that the growth for fitness centers and gym franchises is starting to plateau out in the low single digits in the U.S. Based on a sample of 100 fitness franchises, the number of franchised locations for this vertical grew at a compound annual rate of only 2%, with […]
When the topic of international development comes during strategic planning sessions at many a franchisor, many are quick to dismiss the opportunity, sighting costs or potential untapped white space in the U.S. market. Such lack of clarity can be a serious problem for franchisors embarking on a rapid growth plan, often resulting in mistakes that […]
Another year has come to an end. And thus far it has been a busy year for the franchise industry. We have seen numerous new concepts opt for the franchise business model as their growth engine, enter the market, and a few others lose traction. So, what’s hot in the sector? Here is a quick […]