Franchises for sale / resale in Alabama
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Franchising in Alabama
With a population of over 4.8 million, Alabama is the 23rd most populous state in the US. Many large employers have set up facilities in Alabama including the US Army, and many automotive companies such as Honda, Mercedes Benz and Hyundai. Labor costs are 14% below the national average which is a benefit to anyone looking to set up a business in the state including a franchise business.
There are over 14,888 franchise establishments in Alabama. Job creation due to franchising is huge; 155,800 people are directly employed in franchising in Alabama and over 275,300 people in total are employed because of franchising. The total GDP as a direct result of franchising in Alabama is $5,838 million; the GDP because of franchising is $14,039.5 million.
Franchise resales opportunities are available across Alabama including the state capital Montgomery, and Birmingham, the most populated city as well as Huntsville, Mobile, Tuscaloosa, Hoover, Dothan, Decatur, Auburn and Madison.