Hi Candice,
what do specifically like about Franchise, and what is the intended application?
One option: Garage Gothic.
F

A couple of recent releases that might fit the bill:

Heroic Condensed
http://typetrust.com/font/heroiccondensed

Tungsten
http://typography.com/fonts/font_overview.php?productLineID=100035

Another newish option:

Flama Ultracondensed
http://vllg.com/Feliciano/Flama_Ultracondensed#panel=poster

What I like about Franchise.. The subtle rounded corners, the condensed letters. I also like the distinctive s.

Garage Gothic is great, but it feels too retro I'm afraid. Bold is too thin and black is too thick, reminding me a bit of Poplar.

I'm seeking a font that will be used on posters and billboards.

Heroic is great. And I can't believe I forgot about Tungsten..! Thanks for the tip.

Any more suggestions that has slightly softer corners much appreciated too.

Bureau Grotesque is more round.
http://new.myfonts.com/fonts/fontbureau/bureau-grotesque/bureaugrotesque...