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 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.

 

Rank.StateFranchise Interest Index (TM) 2019
1.Georgia185
2.Nevada171
3.Florida161
4.South Carolina135
5.Texas131
6.Maryland129
7.New Jersey126
8.Delaware125
9.Louisiana122
10.North Carolina112
11.Alabama108
12.Virginia104
13.Mississippi103
14.Arizona100
15.Colorado100
16.Tennessee90
17.Utah88
18.California88
19.Missouri86
20.New York86
21.Michigan84
22.Arkansas83
23.Idaho82
24.Connecticut82
25.Ohio81
26.Illinois81
27.Hawaii80
28.Washington78
29.Pennsylvania78
30.Nebraska77
31.Alaska76
32.Indiana74
33.Kentucky72
34.Oregon72
35.Wyoming70
36.Massachusetts70
37.Rhode Island67
38.New Mexico67
39.Kansas66
40.New Hampshire65
41.Minnesota64
42.South Dakota63
43.Oklahoma62
44.North Dakota58
45.West Virginia57
46.Wisconsin57
47.Montana55
48.Iowa46
49.Maine46
50.Vermont37

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.

Connect with us onLinkedIn

Subscribe to get the latest franchise insights and updates delivered to your inbox.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.