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Working as a Franchise Owner

There is more than meets the eye when it comes to being a franchise owner. For example, did you know that they make an average of $24.02 an hour? That's $49,956 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Franchise Owner Do

There are certain skills that many franchise owners have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.

When it comes to the most important skills required to be a franchise owner, we found that a lot of resumes listed 14.5% of franchise owners included customer service, while 10.1% of resumes included payroll, and 8.6% of resumes included customer base. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

How To Become a Franchise Owner

If you're interested in becoming a franchise owner, one of the first things to consider is how much education you need. We've determined that 46.8% of franchise owners have a bachelor's degree. In terms of higher education levels, we found that 12.3% of franchise owners have master's degrees. Even though most franchise owners have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a franchise owner. When we researched the most common majors for a franchise owner, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on franchise owner resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a franchise owner. In fact, many franchise owner jobs require experience in a role such as manager. Meanwhile, many franchise owners also have previous career experience in roles such as general manager or owner.

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Average Salary$49,956
Job Growth Rate6%

Franchise Owner Career Paths

Top Careers Before Franchise Owner

Manager
8.2 %
Owner
8.0 %

Top Careers After Franchise Owner

Owner
11.1 %

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Franchise Owner

Franchise Owners in America make an average salary of $49,956 per year or $24 per hour. The top 10 percent makes over $59,000 per year, while the bottom 10 percent under $41,000 per year.
Average Salary
$49,956

Best Paying Cities

City
Average Salary
Providence, RI
Salary Range64k - 80k$72k$72,147
Philadelphia, PA
Salary Range54k - 75k$64k$63,772
Chicago, IL
Salary Range50k - 78k$63k$63,069
Atlanta, GA
Salary Range47k - 75k$60k$59,941
Sacramento, CA
Salary Range46k - 74k$59k$59,033
Baltimore, MD
Salary Range48k - 70k$58k$58,396
$39k
$80k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Management Leaders-Become A Franchise Owner
Management Leaders-Become A Franchise Owner
Williamsonheckt
Williamsonheckt
01/28/2021
01/28/2021
$50,00001/28/2021
$50,000
Management Leaders-Become A Franchise Owner
Management Leaders-Become A Franchise Owner
Williamsonheckt
Williamsonheckt
01/28/2021
01/28/2021
$50,00001/28/2021
$50,000
Management Leaders-Become A Franchise Owner
Management Leaders-Become A Franchise Owner
Williamsonheckt
Williamsonheckt
01/28/2021
01/28/2021
$50,00001/28/2021
$50,000
Management Leaders-Become A Franchise Owner
Management Leaders-Become A Franchise Owner
Williamsonheckt
Williamsonheckt
12/31/2020
12/31/2020
$50,00012/31/2020
$50,000
Management Leaders-Become A Franchise Owner
Management Leaders-Become A Franchise Owner
Williamsonheckt
Williamsonheckt
12/31/2020
12/31/2020
$50,00012/31/2020
$50,000
See More Recent Salaries

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Franchise Owner Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Franchise Owner. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Franchise Owner Resume

At Zippia, we went through countless Franchise Owner resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Franchise Owner Demographics

Gender

male

64.9 %

female

30.8 %

unknown

4.4 %

Ethnicity

White

72.7 %

Hispanic or Latino

13.0 %

Asian

6.0 %

Foreign Languages Spoken

Spanish

61.2 %

German

5.0 %

French

4.3 %
See More Demographics

Franchise Owner Education

Majors

Business
40.5 %

Degrees

Bachelors

46.8 %

Associate

15.7 %

High School Diploma

12.4 %

Top Colleges for Franchise Owners

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

5. Pennsylvania State University

University Park, PA • Public

In-State Tuition
$18,454
Enrollment
40,108

6. University of Texas at Austin

Austin, TX • Public

In-State Tuition
$10,610
Enrollment
40,329

7. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

8. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

9. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

10. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Franchise Owner

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.5% of franchise owners listed customer service on their resume, but soft skills such as communication skills and leadership skills are important as well.

Best States For a Franchise Owner

1. Rhode Island

Total Franchise Owner Jobs:
102
Highest 10% Earn:
$88,000
Location Quotient:
1.13
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Illinois

Total Franchise Owner Jobs:
1,382
Highest 10% Earn:
$93,000
Location Quotient:
1.12
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Georgia

Total Franchise Owner Jobs:
905
Highest 10% Earn:
$91,000
Location Quotient:
1.11
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Franchise Owner Employers

1. Snap-on
4.3
Avg. Salary: 
$44,898
Franchise Owners Hired: 
131+
2. The Jan Companies
4.0
Avg. Salary: 
$45,369
Franchise Owners Hired: 
100+
3. Coverall Health Based Cleaning System
3.9
Avg. Salary: 
$45,975
Franchise Owners Hired: 
82+
4. Jazzercise
3.5
Avg. Salary: 
$45,979
Franchise Owners Hired: 
70+
5. Quiznos
4.4
Avg. Salary: 
$47,416
Franchise Owners Hired: 
66+
6. Subway
4.2
Avg. Salary: 
$46,571
Franchise Owners Hired: 
56+

Franchise Owner Videos

Updated October 2, 2020