Georgia Leads the Nation in New Franchise Interest Index™

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 195, 179, and 174 respectively. 
  • South Carolina, Delaware, Maryland, Texas, New Jersey and Louisiana all ranked high on per-capita basis, with scores over 130.
  • Also displaying above-average interest in franchising were states clustered across the Southeast: North Carolina, Alabama, Mississippi, and Virginia all scored above 100. So did Colorado and Arizona.

 

Rank.StateFranchise Interest Index TM 2019
1.Georgia195
2.Nevada179
3.Florida174
4.South Carolina144
5.Delaware140
6.Maryland140
7.Texas138
8.New Jersey137
9.Louisiana132
10.North Carolina120
11.Alabama116
12.Virginia114
13.Mississippi113
14.Colorado107
15.Arizona104
16.Tennessee96
17.New York95
18.California95
19.Missouri92
20.Connecticut91
21.Michigan90
22.Utah90
23.Arkansas90
24.Illinois90
25.Hawaii88
26.Ohio88
27.Idaho86
28.Washington86
29.Pennsylvania85
30.Nebraska81
31.Indiana81
32.Alaska79
33.Kentucky78
34.Oregon77
35.Massachusetts76
36.Rhode Island76
37.Wyoming76
38.New Mexico73
39.New Hampshire72
40.Kansas71
41.Minnesota71
42.North Dakota69
43.South Dakota68
44.Oklahoma65
45.Montana63
46.Wisconsin63
47.West Virginia60
48.Iowa51
49.Maine50
50.Vermont42

Franchise Ventures is the largest demand generation platform serving  thousands of growing franchise systems in the United States and Canada. Its franchise lead-generation businesses include Franchise.com, Franchise Solutions, Franchise Gator, Franchise Opportunities, Franchise For Sale, BusinessBroker.net, and SmallBusinessStartup.com and together they provide the largest collection of prospective franchise inquiries in the U.S.

Interested in more insights from our proprietary data set? Click Subscribe in the menu to sign up for our email newsletter, or follow us on LinkedIn.

 

 
Published on Monday, January 13th, 2020.

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