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 demand– and 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.