
FEB. 22, 2016 — Franchised limited-service restaurants (NAICS 722513), sometimes called fast-food restaurants, employed 2.6
million people in 2012 and had sales of $129.2 billion, the U.S. Census Bureau
reports. New car dealers (NAICS 441110), an industry solely comprised of franchises, employed
973,745 people and had sales of $672.5 billion in 2012.
The 2012
Economic Census Franchise Report is only
the second comprehensive and detailed report by the Census Bureau on this
segment of the U.S. economy, with the first being released for the 2007
Economic Census. The report presents data for selected industries on the number
of businesses with paid employees engaged in franchising, annual sales for
these businesses, and employment and payroll. These data are broken out by industry
in three categories: franchisor-owned businesses, franchisee-owned businesses
and all businesses.
The data are primarily national level, although state-level
statistics are provided for limited-service restaurants and full-service restaurants
(NAICS 722511).
Other
highlights:
·
Franchises
accounted for almost three-quarters (73.3 percent) of all employment by
limited-service restaurants.
·
Texas accounted for
10.5 percent of all limited-service restaurant franchise employment in the U.S.
California accounted for 9.5 percent.
·
Franchises for full-service
restaurants (NAICS 722511) employed 879,771 people.
·
Sales for other
major franchise industries include gasoline stations with convenience stores (NAICS
447110) with sales of $158.1 billion and hotels (except
casinos) and motels (NAICS 721110) with sales of $51.6 billion for franchise
establishments.
All dollar values are expressed in
current dollars, i.e., they are not adjusted for price changes. The statistics
presented include data only for businesses with paid employees. For more
information about the economic census (including information on comparability,
confidentiality protection, sampling error, nonsampling error and definitions),
see http://www.census.gov/econ/census/help/methodology_disclosure.
No news release associated with this report. Tip Sheet only.
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