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 183, 170 and 165 respectively. 
  • South Carolina, Delaware, Maryland, New Jersey and Texas all ranked high on per-capita basis, with scores over 130.
  • Also displaying above-average interest in franchising were states mostly clustered across the Southeast: Louisiana, North Carolina, Alabama, Mississippi, Virginia and Colorado all scored above 100.

 

StateFranchise Interest Index™
Georgia183
Nevada170
Florida165
South Carolina136
Delaware132
Maryland131
New Jersey130
Texas130
Louisiana125
North Carolina112
Alabama110
Mississippi108
Virginia107
Colorado101
Arizona99
Tennessee90
New York90
California89
Missouri88
Utah87
Connecticut86
Michigan85
Arkansas85
Illinois84
Ohio83
Idaho82
Washington82
Hawaii81
Pennsylvania80
Nebraska79
Wyoming79
Indiana77
Rhode Island74
Kentucky72
Oregon72
Alaska72
Massachusetts72
New Hampshire68
New Mexico67
South Dakota67
Kansas66
Minnesota65
North Dakota65
Oklahoma61
Wisconsin59
Montana57
West Virginia57
Iowa48
Maine47
Vermont41

 

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.

 

 

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