Prime Territory? 4 Franchisors Says Yes And See Springs As Ripe For Biz

Colorado Springs Gazette:

Like pretty much every corner of the economy, franchising has taken its lumps during the recession.

Franchise businesses in the U.S. shed more than 400,000 jobs in 2009, according to a report prepared for the International Franchise Association.

The number of franchise businesses stayed flat last year, after enjoying average annual growth of 5.6 percent from 2001 to 2005.

For 2010, a forecast prepared by PricewaterhouseCoopers foresaw modest growth in the franchise world — a 2 percent increase in businesses and a 0.4 percent gain in jobs.

And as franchisors grow, no matter how slightly, some have set their sights on Colorado Springs, looking to either enter or expand in the area.

Here are four companies that see the Springs as prime territory.

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