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Washington Franchise Opportunities

Photo by Stephan Jola on Unsplash

A mountainous and breathtaking state in the Pacific Northwest, Washington is green, clean and almost tax-free. It is a major agricultural state, but also has a number of other industries. If you want a low-tax place to enjoy the beauty of nature, try your hand at franchising in Washington!

City Selection

About 60 percent of all Washingtonians live in the greater Seattle area, though there are plenty of other places to settle down. Check out these for size:

  • Seattle: The largest city in the state and the Pacific Northwest, Seattle has great coffee (Starbucks started here), a strong performing arts scene, and is also a tech hub, with Amazon.com headquartered here.
  • Spokane: Located on the eastern side of the state, Spokane has some gorgeous architecture, fun minor league sports teams and many colleges.
  • Yakima: The center of a large agricultural area, Yakima produces three-quarters of the hops grown in the country, as well as many fruits and vegetables.

Economic Drivers

Some of the significant industries in Washington include technology, aircraft manufacturing, lumber production, telecommunications, electronics, mining and real estate.

Washington is a major agricultural state, growing vast amounts of apples, raspberries, cherries, hops, peas and pears. The state also has a huge wine industry, producing more wine than any other state, except for California.

Let’s Talk Taxes

Washington is one of only four states lacking a corporate income tax, as well as a personal income tax. There is a business and occupation tax that taxes the gross receipts of a business, but the levels of taxation are quite low, ranging primarily from 0.47 to 1.8 percent.

Business by the Numbers

  • There are 546,800 small businesses in Washington, which account for 98.1 percent of all employers in the state.
  • Of those, 14,800 are franchises, which employ 164,700 people.
  • Washington has a GDP of $412.9 billion, which is slightly more than that of Austria.
Virginia Franchise Opportunities

Chock full of history, good seafood and federal agencies, Virginia has a booming tech industry, a relatively high standard of living, and would be a fantastic place to start a new franchise!

Oregon Franchise Opportunities

A green state in every sense of the word, more than 80 percent of Oregon is forests. This state will delight you with its mountains, rivers, lakes and trees, but is also a perfect place to open up a new business, due to its lack of sales tax, high tech boom and well-educated workforce.

Hawaii Franchise Opportunities

If you’ve ever dreamed of living on a tropical island, surrounded by beaches, surfing, lush vegetation, Hawaii might be an ideal place for you to open a franchise. Imagine running your own business and staring out into the Pacific Ocean with a drink in hand!