The 37th Annual Franchise 500® list just made it to publication and aspiring entrepreneurs everywhere are reading, thinking, and ready to say “I do” to small business ownership. With so much that goes into compiling the first, best and most comprehensive franchise ranking in the world, the Franchise 500® List is highly regarded and respected amongst fellow and aspiring franchisees.
All companies are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the entity. Entrepreneur also considered the number of years a company has been in business and the length of time it’s been franchising, startup costs, litigation, percentage of terminations, and whether the company provides financing. Financial data is analyzed by an independent CPA.
The top 10 results (with initial investment noted) were as follows:
# 1. Jimmy John’s Gourmet Sandwiches
Initial Investment: $323K – $544K
# 2. Hampton by Hilton
Initial Investment: $3.8M – $14.1M
# 3. Supercuts Hair Salon
Initial Investment: $144K – $294K
# 4. Servpro
Initial Investment: $142K – $191K
# 5. Subway
Initial Investment: $117K – $263K
# 6. McDonald’s
Initial Investment: $989K – $2.2M
# 7. 7-Eleven Inc.
Initial Investment: $38K – $1.1M
# 8. Dunkin’ Donuts
Initial Investment: $217K – $1.6M
# 9. Denny’s Inc.
Initial Investment: $1.2M – $2.1M
# 10. Anytime Fitness
Initial Investment: $63K – $418K
While Franchise 500® is not intended to endorse, advertise or recommend any particular franchise, it is a research tool you can use to compare franchise operations. And once you decide you are ready to take on the challenges and reap the rewards of business ownership, look no further than Green Hills Office Suites to help get you started.
Green Hills Office Suites has the ideal office space for your aspiring business. Green Hills Office Suites is Nashville’s premier work space solution giving you and your business a prestigious look and feel as well as dependable, professional meeting space. Our full-service office space and virtual office solutions coupled with our professional administrative support staff that answer your phone calls in your company’s name, provide call forwarding and screening, reception services, mail receipt, and a host of other administrative services, give your business the tools for success at a price you can afford.
Allow Green Hills Office Suites to help you pursue your dreams of business ownership. To learn more, call 615-334-0960 or visit us on the web at GreenHillsOfficeSuites.com.
Source: Entrepreneur.com
