Multi-Unit Franchises Provide Opportunity In Time Of Uncertainty

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Franchise Update Media Group (FUMG), a leading industry resource for franchise development, has reported that, for the first time, multi-unit franchises are the new industry majority, providing growth opportunities in these times of economic uncertainty.

“Multi-unit franchises are one of the most important drivers of economic growth in the country, and are now attracting interest from private equity firms that want to invest in them,” said Therese Thilgen, president of FUMG. “Multi-unit, multi-brand franchises have proven to be the most successful model in the industry, and we expect this trend to continue.”

According to the independent research firm FRANdata, 52% of all franchises are now multi-unit operations. The largest 50 multi-unit franchisees increased the number of units they operated by 10% between 2005 and 2007. Fast food continues to be the most popular industry, claiming 35% of all multi-unit franchises, with the restaurant, beauty and baked categories each capturing 28% of all multi-unit operations. More.

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