Retail franchising in Japan - statistics & facts
Franchising gave birth to one of the world’s largest retail chains in Japan. The business model is vital in the retail and services sector to reach consumers throughout the country. Headquarters of Japanese businesses are commonly located near major metropolitan regions. Brand owners can grant franchisees the right to open a store under their brands at the cost of franchising fees and royalties. The business model allows companies to stay in control over their brands’ presentation while testing the waters in new and rural locations with minimal risks. Few regulations have restricted franchising systems, which allowed the growth of almost 1,300 chains split across the retail, service, and food service sectors.
