New IFA Report: The Real Impact of Franchising on Small Business

Home
Newsletter

January 15, 2026

This week, we're looking at very interesting findings from a new report from the International Franchise Association (IFA) developed with Oxford Economics about how the franchise model benefits small businesses and entrepreneurship.

The report, based on a survey of nearly 3,000 franchise owners, estimates that franchising contributes roughly $550 billion to U.S. GDP and supports millions of jobs nationwide.

Importantly, the report finds that franchised businesses tend to outperform non-franchise competitors on certain metrics:

  • Wages grow faster over time for employees at franchised businesses than non-franchises
  • Franchise employment grew 10% faster than non-franchise employment over 2021 - 2024 

Also, the report further underscores franchising as a proven path to small-business ownership:

  • 64% of franchisees are first-time business owners
  • 30% of franchisees sat they would not have owned a business without franchising

Jersey Mike’s Accelerates Global Growth With Major International Deal

Jersey Mike’s Subs announced one of the largest expansion moves in its history, signing a development agreement to open up to 400 locations across the United Kingdom and Ireland.

The deal marks the brand’s first major entry into Europe and significantly expands its global footprint.

The sandwich franchise continues to scale rapidly, now operating more than 3,200 locations, supported by a strong base of multi-unit franchisees and a highly standardized operating model.

Rita’s Italian Ice Surpasses 600 Locations After Strong 2025 Growth

Rita’s Italian Ice & Frozen Custard closed out 2025 by surpassing 600 locations worldwide, marking one of the strongest growth periods in the brand’s history.

The dessert franchise achieved double-digit year-over-year system growth, driven by steady franchise development.

Rita’s continues to gain traction with franchisees through a simplified operating model and strong seasonal demand, while introducing drive-thru-focused development incentives to support multi-unit expansion.

TGI Fridays Targets Global Expansion Following Bankruptcy Restructuring

TGI Fridays outlined a post-restructuring growth plan targeting more than 1,000 global locations and $2 billion in annual revenue by 2030. The strategy follows a period of store closures aimed at eliminating underperforming units and stabilizing the system.

The casual dining brand is shifting toward more disciplined, franchise-led growth, with a stronger emphasis on international markets and higher-performing locations.

TGI Fridays’ roadmap highlights how legacy brands are repositioning for sustainable growth after restructuring, prioritizing profitability and franchisee performance over rapid expansion.

This week's brands spotlight

Jersey Mike's

Sub sandwich franchise known for its freshly sliced meats and cheeses, served on freshly baked bread, providing a variety of flavorful and customizable sandwich options.

Franchisees

?

2955
+
25%
25%
Investment

?

$182,000 - $1,414,000

Rita's Ice

Frozen dessert franchise specializing in Italian ice and custard, offering a refreshing and indulgent treat with a variety of flavors and toppings.

Franchisees

?

564
+
7%
7%
Investment

?

$22,000 - $906,000

TGI Fridays

TGI Fridays is a casual dining restaurant chain known for its American-style food and signature cocktails, offering a diverse menu of appetizers, burgers, steaks, and ribs in a lively and fun atmosphere.

Franchisees

?

134
+
-20%
-20%
Investment

?

$2,721,000 - $4,326,000

Glow Sauna Studios

Glow Sauna Studios offers infrared sauna services focused on health and wellness. Franchisees benefit from training, marketing support, and a business model that caters to health-conscious consumers.

Franchisees

?

2
+
n.a.
n.a.
Investment

?

$262,000 - $454,000

MissQuito

MissQuito is a pest control franchise focused on mosquito management, providing eco-conscious and family-safe mosquito control treatments for residential and commercial properties.

Franchisees

?

1
+
n.a.
n.a.
Investment

?

$73,000 - $337,000

Accurate Leak and Line

Accurate Leak and Line focuses on trenchless plumbing repair and leak detection for residential and commercial properties. They utilize advanced technology to provide cost-effective, non-invasive solutions.

Franchisees

?

2
+
n.a.
n.a.
Investment

?

$134,000 - $285,000

All the data you need

We're the leading database for franchise professionals

For
Franchisees
Franchisors
Investors
Franchise Consultants

Unlimited FDD access

Access our library of 5,000+ Franchise Disclosure Documents, updated every day.

Pay $49 per FDD download

?

Read unlimited FDDs
Pro
Download unlimited FDDs
Pro

Transparent franchise data

Analyze financial data on 2,500+ franchise brands, without diving into FDDs. Revenue, profits, growth and more.

Franchise fees
Detailed initial investment

?

Revenue
Pro
Gross Margin
Pro
Operating Profit (EBITDA)
Pro
Revenue growth (last 3 years)
Pro

Our plans

Create a free account, or upgrade to Pro

Free
For anyone looking into franchises.
Sign up
Franchise fees

?

Franchise units & growth

?

Detailed investment costs

?

Pay $49 per FDD download

?

Free Expert consultation

?

Pro
$199 / year
Unlimited franchise data.
For franchisees, investors and more.
You're on the Free plan 🎉
Complete your upgrade now
Upgrade to Pro
Everything in Free, plus:
Read unlimited FDDs
Download unlimited FDDs
Revenue (AUV)

?

Profit margins

?

Dedicated Franchise Expert

?

Industry benchmarks

?