Arizona is heating up— not just with its desert climate but as one of the most promising markets for franchise growth in 2024. According to the International Franchise Association (IFA) and Franchise Business Intelligence 2024 Franchising Economic Outlook Report, the Southwest is leading the way in franchise expansion.
Ranked among the top ten states for franchise growth, Arizona is the perfect place for brands like Pizza Factory. With four Pizza Factory locations already thriving in Mesa, Payson, Show Low, and Williams, we are excited to continue to share our Awesome brand with more communities across the state.
Why Franchise in Arizona?
Arizona’s booming economy makes it a standout market for franchises. The Gross Franchise Product (GFP), or the total amount of sales, is growing at an impressive 4.3% meaning it will reach a whopping $545.8 billion! Franchising is also expected to add approximately 221,000 jobs in 2024. This level of growth signals not only economic stability but also a burgeoning market that is hungry for new business opportunities.
In 2024 alone, Arizona is projected to welcome 425 new franchise units, contributing an estimated $8.5 million to the state economy. With a growing appetite for diverse dining options, Arizona is an ideal market for Pizza Factory to expand our network.
Pizza Factory’s Strategic Expansion in Arizona
With over 100 locations nationwide and a strong presence in Arizona, we are ready to dive into this thriving market. Our commitment to community engagement, combined with a menu that balances beloved classics and innovative new options, ensures that every Pizza Factory fast-casual restaurant location becomes a cherished part of the neighborhood.
As the Southwest continues to grow, so does the demand for fast-casual dining experiences that offer both quality and convenience— qualities that Pizza Factory delivers in abundance.
Looking to the Future of Franchising
As we look to expand in Arizona, Pizza Factory is not only excited about the food industry’s growth potential but also about contributing to the state’s economic vitality. With franchising expected to continue its upward trajectory, now is the perfect time for entrepreneurs to consider joining our Pizza Factory family on our Arizona adventure!
By becoming a franchisee, you’ll be part of a brand that’s making significant strides in one of the fastest-growing regions in the country. Whether you’re an experienced franchisee or new to the world of franchising, Arizona offers an exciting opportunity to flourish with Pizza Factory.
Excited to grow with Pizza Factory? Fill out an inquiry form and our team will be in touch.