Florida among top states for franchise growth in 2025: Report

Rising business optimism and lower interest rates than early 2024 are expected to drive more franchise establishments nationwide this year, according to a new report from the International Franchise Association. 

About 20,000 new franchise establishments are projected to be added around the United States this year, with about 1,600 of them in Florida, the report says. That puts the Sunshine State among the top 10 states for franchise growth in 2025, according to the report.

Florida had an estimated 64,800 franchises in 2024, and with projected growth of 2.4%, is poised to have 66,400 franchise establishments in 2025, according to the report.