SOURCE: Canadian Franchise Association

Canadian Franchise Association

September 01, 2015 11:00 ET

Editorial Exclusive: Millennials Find Success in Franchising

FranchiseCanada's September/October Issue Profiles Young Franchisees

TORONTO, ON--(Marketwired - September 01, 2015) - With many new graduates struggling to find traditional employment, it's no surprise that more and more young people are looking to become franchise business owners. In fact, based on data collected from franchise searches on LookforaFranchise.ca and on-site surveys from The Franchise Show, 30 per cent of prospective franchisees are between the ages of 18 and 34, making millennials the second largest age group looking for franchises in Canada.

The September/October issue of FranchiseCanada examines this trend by speaking to six franchisees under the age of thirty, including:

  • Multi-unit Booster Juice franchisee Jose Miguel Aguila
  • Arash Bahrami, who took over a Druxy's restaurant and doubled store sales
  • Daniel Zaidman, owner of two different franchised businesses -- a Menchie's and a Famous Laffa
  • Esther Opare, who emigrated to Canada from Ghana and now owns a Kumon centre
  • Pillar to Post Home Inspectors franchisee Troy Simmers-Vanhevel
  • Lindsay and Melissa Davidson, sisters who co-own a Pita Pit franchise

"Many people under the age of 30 are turning to franchising as a way to start a business," says Lorraine McLachlan, President and CEO of the Canadian Franchise Association (CFA), and publisher of FranchiseCanada. "Through the proven business concept and support provided by the franchisor, franchising can be a tremendous way for young Canadians to achieve success as small business owners."

For youth interested in franchising, the September/October issue is packed with informative resource articles on how to become a franchisee and includes a free pass to CFA's The Franchise Show, which returns to Toronto (October 24 & 25) and Vancouver (November 7 & 8) this fall.

The FranchiseCanadaSeptember/October 2015 issue is now available on newsstands and in select bookstores across Canada and will also be sold at the upcoming Franchise Show in Toronto.

About the Canadian Franchise Association
The Canadian Franchise Association is the recognized authority on franchising in Canada. With more than 600 corporate members nation-wide, representing many of Canada's best-known brands, CFA is the indispensable resource for the franchise community and advocates on behalf of franchisors and franchisees in Canada to enhance and protect the franchise business model. CFA promotes excellence in franchising and educates Canadians about franchising, specific franchise opportunities and proper due diligence through its many events, programs, publications, and websites.

Contact Information

  • Contact:
    Kenny Chan
    Director, Communications
    Canadian Franchise Association
    416-695-2896 ext. 232
    kchan@cfa.ca