Franchise Facts Report

Franchise Facts Report → states

Franchise registrations by state

Franchise registration is state law: a franchisor must register its Franchise Disclosure Document with a state regulator before offering franchises to buyers there. We read directly from three of those registries. Pick a state for every brand registered there — investment, earnings disclosure and closure rate.

Wisconsin franchise registrations 1290 brands · 69% disclose earnings · median $304,595 California franchise registrations 1125 brands · 40% disclose earnings · median $326,125 Minnesota franchise registrations 603 brands · 47% disclose earnings · median $269,900

Registering in one state does not require registering in another — the same franchisor can appear on more than one state page if it filed in more than one registry we track. Or browse by category instead.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.