How Much Does a Franchise Owner Make?
According to Zippia, franchise owners earn an average of $49,588 per year, or $23.84 per hour, in the United States. Franchise owners at the bottom of the scale, the lowest 10%, earn about $39,000 a year, while the top 10% make $62,000. It is worth noting that geographic location also impacts the salary a franchise owner can expect to earn.
New Jersey, New York, Rhode Island, Massachusetts, and Delaware have the highest earnings for franchise owners. The average franchise owner earns $75,454 in New Jersey, $71,089 in Rhode Island, $72,095 in New York, and $65,936 in Massachusetts.
Although the average income of a franchise owner is not as high as you might think, the annual salary does not always reflect the business’s true profitability. For example, a hardware owner may open a hardware store and earn only $45,000 annually. However, the hardware store and the real estate (if he owns it) may be valued at $3 million. The franchise owner can sell the business and the land, thus getting a considerable ROI.