Rebound! Hardest Hit Franchise Categories Show Highest Growth in July 2020

By Matt AldenAugust 20, 2020

Underpinned by the continued month-over-month increase in overall franchise sales inquiry volume, many industry categories most negatively impacted by the pandemic show the most growth in July. Food and Restaurant franchises led the pack, with many successfully pivoting to takeout and delivery, as inquiry volume increased 20% over June.

Top Categories

Other categories experiencing significant increases in interest from prospetive franchisees are Senior Care, Pet Services, and Automotive. This trend bodes well for growth-minded franchisors, especially those that have remained on the sidelines awaiting some signals that 2020 may yet hold some franchise development productivity.

Get the full story and more franchise sale trends here, and check out more franchises expanding in your local market.

About the Author - Matt Alden

Online lead gen pioneer/innovator @ Franchise.com Network. Small biz leader/operator, drummer, hockey fan, and saltwater enthusiast.
Categorized Under: