Franchising is a significant contributor to the U.S. economy, with over $800 billion in annual sales and employing more than 21 million people, or 15.3% of all U.S. jobs. If you're considering a franchise business, know that the initial investment can start from as low as $50,000, with financing options available. Franchise contracts typically run for 10 years, and the royalty fee is generally between 6% and 10% of monthly gross sales. Franchises offer stability, with studies showing nearly 97% of franchises still in business after 5 years, a far better survival rate compared to other small businesses. Contact Murphy Business Sales Washington to learn more about how to start your franchise journey and explore available opportunities.
If you are interested in this item and have some questions, feel free send an inquiry.
Click Here