Canadian franchises sell more than $100 billion worth of products and services every year, making Canada the second largest franchise market in the world (after the U.S.). Indeed, there are more than 1,000 franchise systems operating in Canada, representing almost 76,000 franchise system outlets. As well, more than 4,300 new franchise outlets open in Canada each year—that’s one every two hours, every day.
worth of products and services sold in Canada every year
new franchise outlets open in Canada each year
franchise systems operate in Canada
1.5 million Canadians are employed by franchise operations.
Women are the fastest growing demographic of franchise buyers.
$25,000 is the average franchise fee.
$150,000 and $200,000 is the average franchisee investment in Canada.
In the retail sales sector, 45 per cent of all sales are from franchise operations.
In the restaurant sector, 35 per cent of all sales are from franchise operations.
92 per cent of new franchises pass the critical first five years—a rate nearly four times higher than that of independent businesses.
86 per cent of the franchises opened in Canada within the last five years are still under the same ownership.