About Franchise Group
Franchise Group is a company based in Virginia Beach (United States) founded in 1997 by John Hewitt.. The company has 6,535 employees as of December 31, 2021. Franchise Group has completed 7 acquisitions, including American Freight, Badcock Home Furniture &more and FFO Home.
- Headquarter Virginia Beach, United States
- Employees 6535 as on 31 Dec, 2021
- Founders John Hewitt
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Sectors
TechnologyBusiness Services
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$4.4 B35as on Dec 31, 2022
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Net Profit
$-68.57 M-119as on Dec 31, 2022
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EBITDA
$221.21 M-2as on Dec 31, 2022
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Latest Funding Round
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Investors
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Employee Count
6535
as on Dec 31, 2021
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Investments & Acquisitions
American Freight
& 6 more
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Funding Insights of Franchise Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Franchise Group
Franchise Group has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include American Freight, Badcock Home Furniture &more and FFO Home. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Home furniture is retailed through a chain of stores.
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2011 | ||||
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Insurance and financial services are provided to clients nationwide.
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2001 | ||||
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E-commerce support services are provided by American Freight since 1994.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Franchise Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Franchise Group Comparisons
Competitors of Franchise Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Franchise Group
When was Franchise Group founded?
Franchise Group was founded in 1997.
Where is Franchise Group located?
Franchise Group is headquartered in Virginia Beach, United States. It is registered at Virginia Beach, Virginia, United States.
Who is the current CEO of Franchise Group?
Andrew M Laurence is the current CEO of Franchise Group.
How many employees does Franchise Group have?
As of Dec 31, 2021, the latest employee count at Franchise Group is 6,535.
What is the annual revenue of Franchise Group?
Annual revenue of Franchise Group is $4.4B as on Dec 31, 2022.
What does Franchise Group do?
Franchise Group was established in 1997 in Virginia Beach, United States, within the franchising sector. Governance and compliance services are delivered to support regulatory adherence and operational management for franchise networks. Leadership is provided by Founder John Hewitt, alongside Co-CEOs Andrew M Laurence and Brian R Kahn. Activities are centered in the United States, focusing on essential advisory and oversight functions for business compliance.
How many acquisitions has Franchise Group made?
Franchise Group has made 7 acquisitions, including American Freight, Badcock Home Furniture &more, and FFO Home.
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