Georgia Leads the Nation in New Franchise Interest Index™

January 13, 2020 – Georgia, Nevada and Florida led the nation with the highest levels of interest in buying a franchise in 2019, according to new data from Franchise Insights.

The Franchise Interest Index™ reveals  the relative interest of entrepreneurs making an investment inquiry by indexing proprietary data with state population on a per capita basis. An index of 100 indicates average per-capita interest, while an index of 120 represents 20% higher-than-average interest. The Franchise Insights proprietary data is drawn from the Franchise Ventures’ flow of franchise-investment inquiries in the United States.

  • Georgia, Nevada and Florida stood head and shoulders above other states in the index, with scores of 185, 171, and 161 respectively. 
  • South Carolina, Texas, Maryland, New Jersey, Delaware and Louisiana all ranked high on per-capita basis, with scores over 120.
  • Also displaying above-average interest in franchising were states clustered across the Southeast: North Carolina, Alabama, Virginia and Mississippi all scored above 100, while did Colorado and Arizona logged an average index of 100.

States Ranked by Franchise Interest  Index(TM)

Rank. State Franchise Interest Index (TM) 2019
1. Georgia 185
2. Nevada 171
3. Florida 161
4. South Carolina 135
5. Texas 131
6. Maryland 129
7. New Jersey 126
8. Delaware 125
9. Louisiana 122
10. North Carolina 112
11. Alabama 108
12. Virginia 104
13. Mississippi 103
14. Arizona 100
15. Colorado 100
16. Tennessee 90
17. Utah 88
18. California 88
19. Missouri 86
20. New York 86
21. Michigan 84
22. Arkansas 83
23. Idaho 82
24. Connecticut 82
25. Ohio 81
26. Illinois 81
27. Hawaii 80
28. Washington 78
29. Pennsylvania 78
30. Nebraska 77
31. Alaska 76
32. Indiana 74
33. Kentucky 72
34. Oregon 72
35. Wyoming 70
36. Massachusetts 70
37. Rhode Island 67
38. New Mexico 67
39. Kansas 66
40. New Hampshire 65
41. Minnesota 64
42. South Dakota 63
43. Oklahoma 62
44. North Dakota 58
45. West Virginia 57
46. Wisconsin 57
47. Montana 55
48. Iowa 46
49. Maine 46
50. Vermont 37

FranchiseVentures is the leading franchise lead-generation platform for potential franchisees to thousands of growing franchise systems in the United States and Canada. Its franchise lead generation brands include Franchise.com, Franchise Solutions, Franchise Gator, Franchise Opportunities, Franchise For Sale, SmallBusinessStartup.com and BusinessBroker.net, and together they provide the largest aggregation of prospective franchise buyers in the U.S.

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Published on Monday, January 13th, 2020.

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