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Franchise owner salary
Average franchise owner salary
$49,588
Understanding Franchise Owner Salaries
The average salary for a franchise owner is approximately $49,588 per year. However, earnings can vary significantly based on factors such as location, franchise type, and years of experience. For instance, franchise owners in states like California and New York often earn more than those in less populated areas due to higher demand and operational costs.
Experience also plays a crucial role in determining salary levels. Entry-level franchise owners may start at lower salaries, while those with extensive experience and successful business practices can earn significantly more. Additionally, franchise owners who operate in profitable sectors, like food or retail, may see higher earnings than those in less lucrative fields.
Salary by State
Franchise owner salaries vary by state, with some of the highest-paying states including:
- California
- New York
- Texas
- Florida
Understanding these dynamics is essential for anyone considering a career as a franchise owner. By researching specific franchise opportunities and their associated earnings, potential franchisees can make informed decisions about their future.
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Where can a Franchise Owner earn more?
Franchise owner salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level franchise owner | $20,400 | $9.82 |
| Mid-level franchise owner | $31,500 | $15.17 |
| Senior-level franchise owner | $57,200 | $27.50 |
Franchise owner salary estimates from across the web
Average franchise owner salary by state
The highest-paying states for franchise owners are New Jersey, New York, and Rhode Island. The lowest average franchise owner salary states are West Virginia, Maine, and Kentucky.
- State view
- County view
Highest paying states for franchise owners
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Delaware | $64,952 | $31.23 |
| 2 | Pennsylvania | $58,607 | $28.18 |
| 3 | New Jersey | $75,454 | $36.28 |
| 4 | Rhode Island | $71,089 | $34.18 |
| 5 | New York | $72,095 | $34.66 |
| 6 | Massachusetts | $65,936 | $31.70 |
| 7 | Wisconsin | $54,800 | $26.35 |
| 8 | Maryland | $62,189 | $29.90 |
| 9 | Michigan | $50,547 | $24.30 |
| 10 | Minnesota | $60,759 | $29.21 |
| 11 | Virginia | $54,605 | $26.25 |
| 12 | Georgia | $51,256 | $24.64 |
| 13 | Ohio | $51,818 | $24.91 |
| 14 | Washington | $55,815 | $26.83 |
| 15 | Colorado | $55,563 | $26.71 |
| 16 | Alabama | $47,312 | $22.75 |
| 17 | South Dakota | $56,359 | $27.10 |
| 18 | California | $58,000 | $27.88 |
| 19 | District of Columbia | $63,404 | $30.48 |
| 20 | Connecticut | $54,425 | $26.17 |
| 21 | Illinois | $50,607 | $24.33 |
| 22 | Louisiana | $43,490 | $20.91 |
| 23 | Texas | $45,991 | $22.11 |
| 24 | North Carolina | $49,992 | $24.03 |
| 25 | New Mexico | $50,109 | $24.09 |
| 26 | Idaho | $42,404 | $20.39 |
| 27 | Iowa | $41,226 | $19.82 |
| 28 | South Carolina | $41,256 | $19.83 |
| 29 | Missouri | $43,537 | $20.93 |
| 30 | Oregon | $48,154 | $23.15 |
| 31 | Tennessee | $39,281 | $18.89 |
| 32 | Nevada | $47,006 | $22.60 |
| 33 | West Virginia | $38,304 | $18.42 |
| 34 | Utah | $40,863 | $19.65 |
| 35 | Wyoming | $38,698 | $18.60 |
| 36 | Kentucky | $38,146 | $18.34 |
| 37 | New Hampshire | $43,021 | $20.68 |
| 38 | Kansas | $39,397 | $18.94 |
| 39 | Indiana | $38,977 | $18.74 |
| 40 | Alaska | $42,435 | $20.40 |
| 41 | Montana | $39,684 | $19.08 |
| 42 | Arizona | $39,032 | $18.77 |
| 43 | Vermont | $40,712 | $19.57 |
| 44 | Mississippi | $36,620 | $17.61 |
| 45 | Florida | $39,651 | $19.06 |
| 46 | Nebraska | $39,361 | $18.92 |
| 47 | North Dakota | $38,325 | $18.43 |
| 48 | Hawaii | $39,604 | $19.04 |
| 49 | Maine | $38,262 | $18.40 |
| 50 | Arkansas | $29,657 | $14.26 |
| 51 | Oklahoma | $34,818 | $16.74 |
Highest paying cities for franchise owners
The highest-paying cities for franchise owners are New York, NY, Plymouth, MA, and Plymouth, MN.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $72,281 | $34.75 |
| 2 | Plymouth, MA | $66,300 | $31.88 |
| 3 | Plymouth, MN | $60,720 | $29.19 |
| 4 | Allentown, PA | $59,075 | $28.40 |
| 5 | Seattle, WA | $56,013 | $26.93 |
| 6 | Milwaukee, WI | $54,854 | $26.37 |
| 7 | West Haven, CT | $54,457 | $26.18 |
| 8 | Kent, OH | $53,466 | $25.70 |
| 9 | Cicero, IL | $50,836 | $24.44 |
| 10 | Westland, MI | $50,506 | $24.28 |
| 11 | Charlotte, NC | $49,124 | $23.62 |
| 12 | Carson City, NV | $48,782 | $23.45 |
| 13 | Portland, OR | $48,301 | $23.22 |
| 14 | Irving, TX | $45,414 | $21.83 |
| 15 | Kansas City, MO | $43,778 | $21.05 |
| 16 | Meridian, ID | $42,587 | $20.47 |
| 17 | Charleston, SC | $41,247 | $19.83 |
| 18 | South Bend, IN | $40,177 | $19.32 |
| 19 | Knoxville, TN | $39,848 | $19.16 |
| 20 | Omaha, NE | $39,453 | $18.97 |
Franchise owner salary details
A franchise owner's salary ranges from $39,000 a year at the 10th percentile to $62,000 at the 90th percentile.
What is a franchise owner's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $62,000 | $5,167 | $30 |
| 75th Percentile | $56,000 | $4,667 | $27 |
| Average | $49,588 | $4,132 | $24 |
| 25th Percentile | $43,000 | $3,583 | $21 |
| 10th Percentile | $39,000 | $3,250 | $19 |
Highest paying franchise owner jobs
The highest paying types of franchise owners are owner/operator, managing partner, and managing owner.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| General Manager Of Operations | $89,522 | $7,460 | $43.04 | 382,581 |
| General Manager/Partner | $85,061 | $7,088 | $40.89 | 279,155 |
| Business Manager | $83,198 | $6,933 | $40.00 | 377,191 |
| General Manager | $71,581 | $5,965 | $34.41 | 442,690 |
| Operations Manager, District | $81,574 | $6,798 | $39.22 | 372,271 |
| Co-Owner/Operator | $32,256 | $2,688 | $15.51 | 95,615 |
Top companies hiring franchise owners now:
Which companies pay franchise owners the most?
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Mac Tools | $49,029 | $23.57 |
| 2 | Jani-King | $47,758 | $22.96 |
| 3 | Brightway Insurance | $45,274 | $21.77 |
Wage gap by gender, race and education
Franchise Owner salary by industry
The average franchise owner salary varies across industries:
- The average franchise owner salary in the construction industry is $48,724, the highest of any industry.
- The average franchise owner salary in the finance industry is $48,659.
- Franchise owners in the retail industry earn an average salary of $41,899, the lowest of any industry.
Highest paying industries for franchise owners
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Construction | $48,724 | $23.43 |
| 2 | Hospitality | $48,659 | $23.39 |
| 3 | Real Estate | $48,166 | $23.16 |
| 4 | Manufacturing | $47,861 | $23.01 |
| 5 | Professional | $46,236 | $22.23 |
| 6 | Retail | $41,899 | $20.14 |
High paying franchise owner jobs
Franchise owner salary trends
The average franchise owner salary has risen by $4,067 over the last ten years. In 2014, the average franchise owner earned $45,521 annually, but today, they earn $49,588 a year. That works out to a 4% change in pay for franchise owners over the last decade.
Compare franchise owner salaries for cities or states with the national average over time.
Average franchise owner salary over time
Compare franchise owner salaries for individual cities or states with the national average.
Franchise owner salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $49,600 | $23.84 | +2.8% |
| 2025 | $48,200 | $23.18 | -0.1% |
| 2024 | $48,300 | $23.21 | +0.5% |
| 2023 | $48,000 | $23.10 | +1.1% |
| 2022 | $47,500 | $22.84 | +1.6% |
Recently added franchise owner salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Live 2B Healthy-Corporate | Franchise Owner | Phoenix, AZ | 01/25/2025 | $75,000 |
| Live 2B Healthy-Corporate | Franchise Owner | Fort Worth, TX | 01/25/2025 | $75,000 |
| Service Experts | Franchise Owner | Garden City, KS | 01/16/2025 | $100,000 |
| Live 2B Healthy-Corporate | Franchise Owner | Fort Lauderdale, FL | 01/14/2025 | $75,000 |
| Get It Recruit-Hospitality | Recruitment Agency Franchise Owner | BE Your OWN Boss!-Remote | Las Vegas, NV | 10/26/2024 | $50,000 |
| Live 2B Healthy-Corporate | Franchise Owner | Tampa, FL | 10/16/2024 | $75,000 |
| Re-Bath, LLC | Franchise Owner | Washington, DC | 09/29/2024 | $100,000 |
| Re-Bath, LLC | Franchise Owner | Los Angeles, CA | 09/27/2024 | $100,000 |
| Complete Pest Solutions | Franchise Owner Opportunity | Youngstown, OH | 04/05/2024 | $50,000 |
| Brightway Insurance | Franchise Owner | Fine, NY | 12/06/2023 | $30,000 |
Franchise owner salary FAQs
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