George Kontras was always passionate about seafood. A native of Greece, he loved cooking and eating fresh cuts of fish, creating recipes inspired by the predominantly pescatarian diet of his culture. So when he relocated to Buffalo, New York in the early 1980s, he decided to open a fish market so residents could purchase fresh seafood without having to travel far. Bailey Seafood was born. By Jessica Jones
Leading Senior Care Franchise Launches Eight New Territories and Accelerates Franchise Development with Existing Franchisees.
ROSEVILLE, Calif. — Always Best Care Senior Services, one of the leading senior care franchise systems in the United States, announced today that it achieved significant growth amid an unprecedented year for the home health care industry, launching eights new territories in untapped markets including Naperville, Illinois; Thousand Oaks, California; Upper Chesapeake, Maryland and its first location in the state of Utah. Most notably, the brand celebrated international expansion with the signing of a Canadian Master Franchise Agreement and the opening of Always Best Care of Oakville in the province of Ontario.
Demand for in-home care rose quickly during the COVID-19 pandemic, with long-term care facilities like nursing homes identified as hotspots for the virus’ transmission. This emerging industry trend catalyzed considerable growth within Always Best Care’s system. Throughout 2020, several existing franchisees reinvested in Always Best Care, resulting in a total of 18 franchise territory renewals, and serving as a true testament to the brand’s sustainable positioning and long-term viability in a rapidly evolving landscape. Additionally, four established operators expanded their portfolios with Always Best Care through the acquisition of new and existing territories, emphasizing the brand’s best-in-class franchise opportunity and unlimited potential for success. As a result of these acquisitions and expansions, Always Best Care grew its brand presence in states like Florida and New Mexico, as well as welcomed new owners to territories in Pennsylvania, North Carolina and California.
“2021 marks Always Best Care’s 25th year in business and coming out of an unprecedented year, I couldn’t be more optimistic about the future and longevity of our brand. Despite the challenges our industry faced, I’m incredibly proud of how our dedicated corporate team and franchisees rallied alongside one another to reach new heights and best serve our clients and their needs during such a high-risk time,” said Jake Brown, President & CEO of Always Best Care. “As we reflect on the franchise development growth we experienced in the midst of the pandemic, most of which was driven by existing franchisees, we’re fortunate to have such passionate, talented and proud owners alongside us as we kick off a milestone year.”
In December 2020, Always Best Care was recognized by Franchise Dictionary magazine as a Top 100 Game Changer, for creating opportunities for aspiring business owners, filling a niche in the home health care industry and helping the local communities it serves. Always Best Care also ranked #30 of the 2020 Franchise Gator Top 100 ranking, an esteemed list developed to assist prospective franchisees in their search for a franchise opportunity to invest in, recognizing the top franchisors based on strong growth, financial stability, experience, and several other criteria.
Always Best Care is one of the nation’s leading providers of non-medical in-home care and assisted living referral services. The company delivers its services through an international network of more than 200 independently owned and operated franchise territories throughout the United States and Canada.
By working with case managers, social workers, discharge planners, doctors, and families, Always Best Care franchise owners provide affordable, comprehensive solutions that can be specifically matched to meet a client’s particular physical or social needs. The hallmark services of Always Best Care include non-medical in-home care and assisted living finder and referral services, with skilled home health care in some limited markets.
For information on franchising with Always Best Care, please visit https://home-care-franchise.alwaysbestcare.com/, call 855-430-2273 or email Jason Wiedder at jwiedder@abc-seniors.com.
About Always Best Care
Founded in 1996, Always Best Care Senior Services is based on the belief that having the right people for the right level of care means peace of mind for the client and family. Always Best Care assists seniors with a wide range of conditions and personal needs, and currently provides thousands of hours of care every year. Franchise opportunities are available to individuals interested in leveraging the company’s clear strategy and proven track record for delivering affordable, dependable service to seniors in their local areas.
Always Best Care also offers an exclusive program called Always in Touch, a telephone reassurance program that provides a daily phone call to seniors and disabled adults who are living alone and have limited contact with the outside world. Always in Touch is a national telephone reassurance program offered in the USA and Canada. For more information on Always in Touch, or to request an application, visit www.Always-In-Touch.com.
Global leader in print and marketing solutions earns a spot on 42nd annual Franchise 500 list.
DENVER — AlphaGraphics, a leading franchisor of printing and marketing solutions, recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking.
Placement in the Franchise 500® is a highly sought-after honor in the franchise industry making it one of the company’s most competitive rankings ever. AlphaGraphics was also named to the list in 2019.
“Making the Franchise 500 list is a testament to how dedicated both AlphaGraphics’ corporate staff and center owners are to performing at a high level,” said Bill McPherson, vice president of franchise development at AlphaGraphics. “At AlphaGraphics, we are locally focused with our centers understanding the challenges in their community. Inclusion on this list shows that our brand is having an impact on a national level but also in local communities.”
Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks AlphaGraphics as No. 232 for its outstanding performance in areas including unit growth, financial strength and stability, and brand identity.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” said Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability.
Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. AlphaGraphics’ position on the ranking is a testament to its strength as a franchise opportunity.
To view AlphaGraphics in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur, available on newsstands Jan. 26.
About MBE Worldwide
MBE Worldwide S.p.A. (“MBE”), a privately-owned company based in Milan – Italy, is a third-party provider of shipping, fulfillment, print and marketing solutions to small and medium enterprises and retail consumers via a network of mainly independently owned and operated locations. MBE Service Centers facilitate the activities of entrepreneurs, people and businesses through an easy-to-access distribution network and customized services and products delivered with a distinguished and unique level of customer service. MBE presently operates under three different brands: Mail Boxes Etc., AlphaGraphics and PostNet and its global network counts currently more than 2.600 locations in 52 countries, with 10.000+ associates, and FY2019 System-wide Sales of €918 Million ($1.028 Million).
For additional information please visit MBE Worldwide Group websites at www.mbecorporate.com, www.mbeglobal.com – www.mbe.it – www.mbe.es – www.mbe.de – www.mbefrance.fr – www.mbe.pl – www.postnet.com – www.alphagraphics.com
About AlphaGraphics
AlphaGraphics, Inc., with more than 285 locations in 6 countries, is one of the largest U.S.-based networks of locally-owned and operated Business Centers offering a complete range of print, visual communications, and marketing products. Solutions include: full-service digital, offset, and large format printing; design services; mailing; one-to-one marketing solutions; promotional products; and web to print solutions. For more information about AlphaGraphics services, visit www.alphagraphics.com. To learn about franchise opportunities, visit www.alphagraphicsfranchise.com.
Recession-Resistant Restoration and Remediation Franchise Continues Climb on Prestigious List, Jumping 150 Spots Since 2018.
TAMARAC, Fla. — PuroClean, a leading restoration and remediation franchise, today announced it has earned the 102nd spot on Entrepreneur magazine’s 2021 Franchise 500®. Recognized for its exceptional growth, leadership, and culture in the restoration franchise industry, PuroClean ranked second in the restoration service franchise category. PuroClean has risen nearly 20 places in one year and has risen more than 150 spots since 2018.
“It’s an incredible honor to be acknowledged year after year in one of the most competitive rankings within the franchising industry, especially as our network comes together in support of those impacted most by the COVID-19 pandemic,” said Mark W. Davis, CEO and Chairman of PuroClean. “Despite the unprecedented challenges we all faced during 2020, PuroClean was able to reach record-breaking heights, and we look forward to continuing this track record in the years ahead.”
One of the fastest-growing restoration franchises in the United States, PuroClean enables its franchise owners to capitalize on diverse revenue opportunities and offers a pathway to success in the multimillion-dollar property damage restoration industry. Beyond its ranking on the Franchise 500®, PuroClean has earned countless other accolades for its innovations in franchising, including recognition for its PuroVet program, which helps military veterans realize their dream of business ownership.
“This year’s Franchise 500 ranking speaks to the true testament of The PuroClean Way, answering the call of those in need, as our franchise owners aid and protect home and business owners, guided by our world-class support team each and every day,” said Steve White, President and COO of PuroClean. “Together, as one team, we will continue moving forward to build upon the success of our franchise network, servicing our local communities with relentless customer service.”
The Franchise 500® is recognized as the world’s first and most comprehensive franchise ranking. PuroClean was evaluated against key factors such as costs and fees, size and growth, support, brand strength, financial strength, and stability. Each prospective franchise is awarded a cumulative score based on an analysis of more than 150 data points, and Entrepreneur ranks the 500 franchises with the highest cumulative scores each year in the Franchise 500®.
Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. PuroClean’s position on the ranking is a testament to its strength as a franchise opportunity.
To view PuroClean in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur. For more information on the PuroClean franchise system, contact 800-351-2282 or visit www.PuroCleanFranchise.com.
About PuroClean
PuroClean provides water damage remediation, flood water removal, fire and smoke damage remediation, mold removal, and biohazard cleanup to commercial and residential customers. Founded in 2001, PuroClean has a comprehensive network of more than 300 franchise offices across North America. PuroClean technicians are thoroughly screened, insured, and trained in utilizing the latest in mitigation technology and procedures, while operating under a strict code of ethics. Each PuroClean office is independently owned and operated. For more information about PuroClean, contact 800-775-7876 or visit www.puroclean.com; for franchise information, visit www.purocleanfranchise.com.
Leading Assisted Stretching Concept Continues to Expand and Draw Interest of Entrepreneurs Nationwide.
IRVINE, Calif. — StretchLab, a leading one-on-one assisted stretching studio continues its growth and domination in the industry after recently signing its 300th franchise agreement. The new agreements will bring the rapidly-growing boutique wellness brand into five new markets across the country, demonstrating its popularity and demand among consumers of all demographics, a particularly unique aspect to the franchise concept.
StretchLab’s newest agreements will welcome the brand to the following cities: St. Louis, Missouri; Sacramento, California; Milwaukee, Wisconsin; Fairfield, Connecticut; and Toronto, Canada. The Toronto studio will mark StretchLab’s first international location. In light of the pandemic, there is a newfound need for assisted stretching, as evidenced by the 28 locations StretchLab has opened since March 2020, bringing its total number of current studios to nearly 100. The 100th studio is slated to open in February in Colleyville, Texas.
“With health and safety a top concern in our country and many Americans left working from home, people are looking for new ways to stay healthy and active. We are committed to helping people restore their muscle and joint mobility and reclaim their freedom of movement in an effort to improve their overall health, and simply make them feel better,” said StretchLab President Lou DeFrancisco. “We are thrilled to partner with several new entrepreneurs to introduce industry leading assisted stretching services into their communities and change lives.”
Backed by Xponential Fitness, the largest curator of boutique fitness brands in the world, StretchLab has a widespread and devoted following across the country. At StretchLab, clients work one-on-one with highly trained Flexologists™ in an open, modern and friendly environment to increase mobility and flexibility and achieve a deeper, more advanced stretch than one can get on their own. Studios utilize TRX MAPS technology, which tracks mobility, muscle activation, posture and body symmetry, to create individually tailored and more holistic stretching programs for clients to achieve their wellness goals.
The total initial investment to open a single-unit StretchLab franchise is between $171,375 –$290,625. For more information, visit https://stretchlab.com/franchise/.
ABOUT STRETCHLAB:
Founded in 2015, StretchLab is a leading assisted stretching brand that was created to help people through customized flexibility services. It offers one-on-one and group assisted stretching sessions to customers across a broad range of age and fitness levels. StretchLab’s advanced “Flexologist” instructors receive extensive training, including both classroom and on-the-job trainings programs. Head-quartered in Irvine, CA, StretchLab is backed by Xponential Fitness, the largest franchisor of boutique fitness brands. To learn more about the StretchLab franchise opportunity, visit www.stretchlab.com.
Father and Son Team Take the Reins of Anago’s Presence in the Centennial State.
DENVER — Anago Cleaning Systems, an industry-leading commercial cleaning franchise with over 1,700 Regional and Unit Franchises throughout the U.S. and Canada, announced its newest franchise owners in Denver, Colorado. Father and son team, Dante and Alex Caravaggio will lead the Anago unit franchise expansion in the Centennial State.
Denver continues to be one of the fastest growing cities in the US as businesses and entrepreneurs continue to invest in Colorado. As the COVID-19 pandemic continues, Anago of Denver is positioned to remain on the frontlines, keeping businesses as disinfected and safe as possible until the virus is controlled and stopped. Like all businesses, Anago experienced a slow-down in the early months of the pandemic but recovered quickly with specialized disinfecting services emerging as the most requested cleaning program.
“Dante and Alex are exemplary Master Franchise owners, each bringing unique business, finance and leadership qualities and experience to the Anago family,” said Adam Povlitz, CEO & President of Anago Cleaning Systems. “We’re excited to continue offering Denver-based entrepreneurs the opportunity to own their own Anago commercial cleaning unit franchise.”
When discussing the Master Franchise model, Dante Caravaggio said, “Unit franchise opportunities are a wonderful way to step into the world of business ownership. We have met several extremely successful unit franchise owners who have reaped the benefits for over 20 years. While we do our best to provide unit franchise owners the tools and support needed to succeed, the success of their business is ultimately on them. A unit franchise can be as large or small as they choose to be.”
Both engineers in the oil and gas industry with more than 50 years combined experience, Dante and Alex have found a new passion working side-by-side.
“This is an opportunity for my father and I to work together in a business,” said Alex Caravaggio. “We saw that Anago had a recession-resistant model that provided several revenue streams to ensure better business stability. Anago’s reputation, stability and performance within a recession-proof industry is something I feel very confident in continuing to build and offer in the Denver metroplex area.”
Anago Cleaning Systems is a pioneer of the franchise system for both master and unit franchises, which allows successful mid-career professionals to operate their own exclusive regional franchises, while allowing small businesses to invest in their success. Both levels simply focus on running their business while Anago Cleaning Systems provides assistance, guidance, and critical tools to grow.
The Anago Denver office is located at 9101 Harlan St #310, Westminster, CO 80031 and can be reached by calling 720-694-8931. To explore Regional franchise opportunities with Anago, contact Judy Walker, Senior Vice President of Marketing, at 800-213-5857 or judy@anagocleaning.com or visit http://www.AnagoMasters.com.
About Anago Cleaning Systems
Anago Cleaning Systems is an international commercial cleaning franchise brand. Utilizing the Master Franchise System, Anago supports over 45 Master Franchisees and over 1,700 Unit Franchisees. Founded in 1989, Anago has set the worldwide standard in business support and structure for local and regional companies to provide unparalleled cleaning services to businesses of all kinds. Anago was ranked #33 overall by Entrepreneur magazine in its latest Franchise 500® ranking. For further information, visit its website at AnagoMasters.com.
Leader in Residential Cleaning Surpasses 27 Million in Sales.
BIRMINGHAM, Ala. — Two Maids & A Mop, the nation’s largest residential cleaning franchise, announced today that it achieved significant growth and success in 2020, attaining a 5.6% increase in system-wide sales and setting three of the highest network revenue records since the brand opened in 2003. Amid the pandemic, Two Maids & A Mop acquired nearly 10,000 new customers and opened 11 new locations including Bloomfield Hills, Michigan, Temple, Texas, Augusta, Georgia and Aurora, Colorado. This impressive growth reinforces the strength of the brand’s system and positions them for continued success in 2021, with a goal to open 30 new locations before the end of the year.
“We’re extremely proud to be able to celebrate these achievements, as the challenges we faced this year, both personally and professionally, were unprecedented,” said Ron Holt, Founder and CEO of Two Maids & A Mop. “Through all the uncertainty, our Two Maids & A Mop network truly banded together to become a strong support system for each other, helping to break through any roadblocks that arose for small business owners. That comradery helped 44 of our locations achieve monthly revenue records during the pandemic, which is unbelievable. As we look ahead, we are more confident than ever in the strength of our franchise system, the guidance of our leadership team, and the passion of our franchise owners. We are excited to see what we can achieve together in the coming year.”
While Two Maids & A Mop was deemed an essential business and was able to continue operating during COVID-19, the company still had to pivot its focus to better serve customers dealing with the effects of the pandemic. Aligning with their passion of serving others, many franchise owners continued providing free cleans for families that couldn’t afford to continue service, put together care packages, purchased coloring books and crayons for children at home, donated to local food banks in their customers’ names, executed grocery delivery drop-offs for elderly customers, among other efforts.
Additionally, Two Maids & A Mop continued to support its partnership with Cleaning For A Reason, donating more than 1,400 free cleans to patients battling cancer, and announced a new system-wide partnership with The Finely Project, an organization that provides support to families who have experienced the loss of an infant.
For more information, visit www.twomaidsandamop.com.
About Two Maids & A Mop
Founded in 2003 in Pensacola, Florida, Two Maids & A Mop™ currently operates in more than 80 markets across the United States. Designed to provide greater flexibility for customers, the brand offers multiple cleaning packages ranging from one-time cleans to routine services and takes pride in providing safe and reliable professional-grade cleaning supplies and products. Two Maids & A Mop™ has received numerous accolades including being ranked on the 2021 Entrepreneur Franchise 500 list, for the third consecutive year, and named 2020’s fastest-growing cleaning company in America by Inc. Magazine for the fifth time in the past seven years.
HILLSBOROUGH, N.C. — Adameve.com and Adam & Eve Stores, the franchise division of America’s most trusted source for adult products, are pleased to announce their 2021 XBiz Awards Wins for Best Online Retailer and Chain Retailer of the Year.
These prestigious awards were revealed Thursday, January 14, during a live broadcast on XBiz.tv.
“We are once again honored to be chosen by XBiz as its Online Retailer of the Year,” said Adam & Eve Ecommerce and Merchandising Director Glenn Mersereau. “In a year that has been filled with unique challenges for the entire industry, we are especially grateful to be recognized for our continued efforts. The entire Adam & Eve team is driven to provide the very best products, value, and experience for our customers. There are not many 50 year old businesses of our size who continue to adapt, innovate, and grow and we are very glad to be among them.”
Chad Jenny, national business consultant for Adam & Eve Stores, agrees. “It was a great honor to win Chain Retailer of the Year… especially this year. After the turmoil of the year, the way our operators and staff came together and not only persevered but triumphed is truly inspiring. The entire Adam & Eve Stores family is truly deserving of this recognition. I can’t think of a better way to kick off our 50th Anniversary year!”
“Thank you to all of our franchise operators for supporting our brand and what Adam & Eve stands for in the sexual wellness and health community,” added David Keegan, Vice President of Franchising for Adam & Eve Stores.
About Adam & Eve Stores
Adam & Eve is the nation’s largest marketer of adult products with millions of satisfied customers worldwide. It opened its doors in March 1971, making it one of the oldest companies in the adult industry as well. The company is dedicated to bringing customers an unrivaled selection of sex toys at competitive prices. Every product offered is backed by decades of experience, superior customer service, risk free shopping, and a passion for helping customers explore sex in a positive way.
For more information about Adam & Eve, visit their website, https://www.adameve.com.
Check presented today for $1,026,105 will help hundreds of veterans.
GEORGETOWN, Texas. — Today, Sport Clips Haircuts presented a $1,026,105 donation check to the Veterans of Foreign Wars Foundation (VFW) to provide scholarships for service members and veterans. Even in a pandemic, veterans are returning from active military duty to prepare for civilian careers that often require additional college, graduate, and technical degrees and training. To ease the financial burden of going back to school, Sport Clips and the VFW have teamed up for the past seven years to provide assistance through the Help A Hero Scholarship program.
“Supporting our nation’s military remains a priority for our veteran-founded business. We are honored to make this donation to the Help A Hero program for those who have given so much through their service,” said Gordon Logan, Air Force veteran, VFW Life member and founder and chairman of Sport Clips. “We’re grateful to our franchisees, team members, clients, and product partners who faithfully support these essential scholarships.”
“The pandemic’s impact has been far-reaching, especially for our military and veteran families, and this campaign helps to ensure we continue to provide as many student veterans with scholarships as possible,” said Hal Roesch II, VFW national commander. “I’m proud to announce that we have awarded another 160 student veterans with scholarships totaling nearly $700,000 for the spring 2021 semester. To date, more than 1,900 military and student veterans have benefitted from the Help A Hero Scholarship program through $8.7 million donated previously by Sport Clips Haircuts and its generous clients and product partners.”
More than $60,000 of the money was raised this year was from Sport Clips’ own $1 per haircare service donation made on Veterans Day while clients, individual supporters, and Sport Clips team members donated the largest portion of the money raised in stores and through virtual walks. Sport Clips partners Direct Beauty Express, John Paul Mitchell Systems, Nioxin, Sexy Hair, Gibs Grooming, ACTiiV, and Darlington Raceway also made substantial contributions.
Help A Hero Scholarship applications are open now through April 30 for the fall 2021 semester to receive up to $5,000 of assistance per semester, per family for service members and veterans in the rank of E-5 and below. To find out more, visit your local Sport Clips, SportClips.com/hero or VFW.org/scholarship.
About the VFW
The Veterans of Foreign Wars of the U.S. is the nation’s largest and oldest major war veterans organization. Founded in 1899, the congressionally chartered VFW is comprised entirely of eligible veterans and military service members from the active, Guard and Reserve forces. With more than 1.5 million VFW and Auxiliary members located in over 6,000 Posts worldwide, the nonprofit veterans service organization is proud to proclaim “NO ONE DOES MORE FOR VETERANS” than the VFW, which is dedicated to veterans’ service, legislative advocacy, and military and community service programs. For more information or to join, visit our website at vfw.org.
About Sport Clips Haircuts
Sport Clips Haircuts is headquartered in Georgetown, Texas. It was established in 1993 and began franchising in 1995. The sports-themed haircutting franchise, which specializes in haircuts for men and boys, offers online check in for clients, and is ranked by Forbes as “Best Franchise to Buy” in the medium investment category and named a 2020 Top Franchise by Franchise Business Review. There are more than 1,800 Sport Clips stores open in the U.S. and Canada. Sport Clips is the “Official Haircutter” of the Veterans of Foreign Wars (VFW), offers veterans preferential pricing on haircuts and franchises, and was named a 2019 Top Franchise for Veterans by Entrepreneur. Sport Clips provides “Haircuts with Heart” through its annual Help A Hero fundraiser that has contributed $8.7 million to the VFW; national partnership with St. Baldrick’s Foundation, the largest private funder of childhood cancer research grants; and other national and local philanthropic outreach. Sport Clips is a proud sponsor of NASCAR’s Joe Gibbs Racing team; Dale Coyne Racing with Vasser-Sullivan Indy Car driver Santino Ferrucci; and partners with NCAA and professional sports teams. To learn more about Sport Clips, visit sportclips.com.
Club Pilates, Pure Barre and CycleBar Rank at 104, 119, and 351 Respectively on the Coveted List.
IRVINE, Calif. — 2020 did not hold back the brands of Xponential Fitness, the largest curator of premium boutique fitness brands across eight different verticals. Three of the company’s brands – Club Pilates, Pure Barre and CycleBar – landed a spot in Entrepreneur magazine’s coveted 2021 Franchise 500 list as a result of another year of impressive unit growth, financial strength and stability and brand power. Club Pilates was ranked 104; Pure Barre was ranked 119, up from its previous spot of 300; and CycleBar landed at 351, up 128 spots from last year.
“The strong showing on Entrepreneur’s Franchise 500 across these three Xponential Fitness brands demonstrates that boutique fitness is here to stay and the best is yet to come,” said Sarah Luna, President of Xponential Fitness. “Our members love the world-class workouts and unmatched sense of community we provide, whether that’s inside our studios or virtually, and these rankings are a testament to our franchise owners’ passion, commitment and hard work day in and day out, especially given the challenges 2020 presented them.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
While some fitness brands struggled to find their footing following the onset of the pandemic and other challenges that arose in 2020, Xponential Fitness proved to be a beacon of resilience and creativity in the industry. When adversity struck, franchise owners were empowered to pivot by offering outdoor and virtual workouts, with some brands even renting out equipment to keep members healthy and engaged. The company’s strategies have proven effective as it has retained more than 86% of members across all eight brands, which also include YogaSix, Row House, StretchLab, AKT, and STRIDE.
Xponential Fitness also saw extensive growth over the past year, signing numerous franchise deals and opening new locations around the world, even at the height of the coronavirus pandemic. Notably, the company opened five brands in Saudi Arabia, including Club Pilates, Pure Barre, AKT, YogaSix, and CycleBar locations, as well as the first of many CycleBar studios in Australia. Exciting new franchise agreements signed will also bring Xponential studios to Germany, Singapore, Spain and the Dominican Republic.
Beyond the in-studio experience in 2020, Xponential debuted online workouts across all of its brands last year through its proprietary streaming platform called GO, bringing premium classes directly to consumers’ homes.
To view Pure Barre, Club Pilates and CycleBar in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur, available on newsstands January 26. For more information about all Xponential Fitness brands, visit www.xponential.com.
ABOUT XPONENTIAL FITNESS:
Founded in 2017 by Anthony Geisler, Xponential Fitness has built and curated a diversified platform of eight disruptive boutique fitness brands spanning across fitness and wellness verticals – including Pilates, indoor cycling, stretch, rowing, dance, running and yoga. Currently, Xponential Fitness’s portfolio of brands includes Club Pilates, the nation’s largest Pilates brand; CycleBar, the nation’s largest indoor cycling brand; StretchLab, a concept offering one-on-one assisted stretching services and group stretch services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training developed by Celebrity Trainer Anna Kaiser; YogaSix, a modern boutique yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; and most recently, STRIDE, a treadmill-based cardio and strength training concept. Visit www.xponential.com to learn more.