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Veterans Businesses By the Numbers
Did you know that…
- 2.52 Million U.S. Small Businesses Are Owned by American Military Vets
- 9.1% of All U.S. Firms Are Veteran-owned Businesses
Totals
- Total Receipts: $1.14 trillion
- Total Employees: 5.03 million
- Total Annual Payroll: $195 billion
States With the Most Veteran-owned Businesses
- California (252,377)
- Texas (213,590)
- Florida (185,756)
Veteran-owned Businesses by Industries
- Mining, Oil & Gas: 12.9%
- Finance & Insurance: 12.8%
- Transportation & Warehousing: 12.1%
- Construction: 11.4%
- Agriculture, Forestry & Fishing: 11.3%
- Utilities: 10.9%
- Professional, Scientific, & Technical: 10.8%
- Manufacturing: 10.2%
- Accommodation & Food: 5.7%
- Other: 1.9%
Years in Business
- 5 Years: 7.4%
- 10 Years: 16.2%
- 17 Years: 21.3%
- 27 Years: 14.8%
- 37 Years: 10.7%
- More Than 37 Years: 29.6%
Home-Based
- Veteran-owned Businesses That Are Home-based: 57%
Franchises
- 4.2% of All Veteran-owned Businesses Are Franchises
Top Two Franchise Industries
- Accommodations & Food: 15.5%
- Retail Trade: 4.7%
Looking to Invest in a Successful Franchise
Now’s a great time to invest. Zac’s Burgers offers low cost of entry, world-class support, site selection assistance, food truck licenses and more! To get more information, visit https://zacsburgers.com/vets or call (856) 359-4445 today.
*Source: U.S. Small Business Administration: https://www.sba.gov/sites/default/files/advocacy/435-veteran-owned-businesses-report.pdf
Zac's Burgers is presently not selling franchises and does not have a certified franchise disclosure document. Zac's is offering licensing opportunities, however, potential licensees must meet all federal and state requirements.
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