Gen Z Is Snatching Up Franchises — They Want to Own Rather Than Compete for Jobs That ‘Might Not Exist in 10 Years’
Entrepreneur

Gen Z Is Snatching Up Franchises — They Want to Own Rather Than Compete for Jobs That ‘Might Not Exist in 10 Years’

Jon Small | September 28, 2026

Franchise ownership among young people is up 163% since 2022.

Monkey Business Images | Shutterstock


Gen Z is entering one of the toughest entry-level job markets in decades. But rather than jostle for scarce corporate roles, many are buying home-based service franchises, the kind you can run from your house and car. And 43% say they plan to start a business this year.

Scott Abbott, CEO of Five Star Franchising, sees it firsthand. At Card My Yard, the company’s yard-card rental brand, nearly half the owners are Gen Z or millennials. They prefer working from home and not having to shell out a lot of cash upfront. “The through-line is a defined system, a proven playbook and a model you can run without a storefront, a fleet, or heavy capital to get in,” Abbott says.

To a lot of young people, the college-to-corporate pipeline started looking iffy once AI began eyeing their future jobs, Abbott says. “They’d rather build something they own on a proven model than compete with 400 applicants for a job that may not exist in ten years.”

Subscribe to the Entrepreneur Daily newsletter to get the news and resources you need today to help you build your business better.

Recommended For You.