CONTACT US|info@franchisedictionarymagazine.com
FacebookLinkedInInstagramX

latestnews

21 01, 2024

MY SALON Suite Ranked on Franchise Business Review’s List of the Top Franchises for 2024 Amid Rapid Network Expansion

2024-01-21T15:11:35-05:00January 21st, 2024|Tags: , , , |

Salon Suite Franchise Receives Recognition as a Top 200 Franchise Brand Based on Franchisee Satisfaction

CARROLLTON, Texas — MY SALON Suite, a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business and the beauty industry’s future, announced today it has been recognized among the top 200 franchises by Franchise Business Review as rated by franchise business owners. This is the 19th annual ranking of the 200 best franchise opportunities. The list is available at https://franchisebusinessreview.com/lists/top-200-franchises/.

“This recognition is a reflection of the remarkable growth that MY SALON Suite has experienced in the past year, and underscores our commitment to providing a compelling business opportunity and outstanding support to our franchisees,” said Stacy Eley, Brand President of MY SALON Suite. “Our semi-absentee model has proven to be an ideal choice for multi-unit and multi-brand franchise partners seeking to diversify their portfolios. As we continue to expand our network and offer a variety of franchising options, including through multi-unit packs and conversions, I look forward to the continued achievements and milestones that lie ahead for MY SALON Suite.”

Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction and employee engagement, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.

MY SALON Suite was among over 375 franchise brands, representing more than 35,000 franchise owners, that participated in Franchise Business Review’s research. MY SALON Suite’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity. MY SALON Suite franchisees are provided ongoing training, support and a strong referral network to help their business generate a six-figure income, as well as a semi-absentee model that allows franchisees to own a franchise without needing to manage employees or oversee every operation.

“We were looking for a proven, but growing franchise concept to help diversify our brand portfolio. MY SALON Suite checked all of the boxes from an investment, time demand and profitability standpoint,” said Eric Goodman, MY SALON Suite franchisee of multiple locations in Columbus, Ohio. “We feel like we’re in great hands with the MY SALON Suite team. From the discovery and fact-finding part of the process, into onboarding and beyond, we’ve been given all of the tools and contacts we need to set us up for success.”

MY SALON Suite’s survey data showed the following:

97% of franchisees agree that their fellow franchisees are supportive of each other.
90% of franchisees agree that they support the brand.
91% of franchisees agree that they enjoy being a part of this organization.

“Franchisee satisfaction continues to be the leading indicator of franchise performance and system health, and we are pleased to report that our latest research shows satisfaction has remained at some of the highest levels in the past 19 years. In fact, our survey results show that three out of four franchise owners would recommend their brand to others. That’s extremely encouraging news for franchise owners and anyone considering investing in a franchise,” said Michelle Rowan, president and COO of Franchise Business Review. “As an independent research firm, Franchise Business Review is committed to helping prospective franchisees get an objective view of the best franchise opportunities available based on actual feedback from the people who own them. Each of the award winners on this year’s list of the 200 Top Franchises received stellar ratings from their franchisees in the areas crucial to success in operating a franchise, including training & support, leadership, innovation, culture, and financial opportunity.”

The initial investment for a MY SALON Suite franchise is approximately $823,344 – $2,241,800, including a $50,000 franchise fee. Ideal candidates have a net worth of $1.5 million, of which $500K is liquid. Additionally, MY SALON Suite offers a special incentive for veterans and first responders, including paramedics, emergency medical technicians, police officers, sheriffs and firefighters, which includes a 50% reduction on the franchise fee – a savings of $25,000.

For more information about MY SALON Suite franchise opportunities, visit https://www.mysalonsuite.com, or contact Mark Jameson at mark.jameson@propelledbrands.com or 214-346-5679.

Visit FranchiseBusinessReview.com to see the full description of the 2024 Top Franchises.

About MY SALON Suite®:

MY SALON Suite® is a franchise designed for individuals with an entrepreneurial spirit who are interested in diversifying their portfolio while enjoying a semi-absentee lifestyle. The company was established with the aim to inspire and empower the modern-day salon owner, providing a unique opportunity for a diverse range of beauty and health professionals to successfully manage their businesses. MY SALON Suite® Members are provided with ongoing training, support, and a robust referral network to bolster their business growth. The brand, which is ranked in the top 100 on Entrepreneur’s highly competitive 2024 Franchise 500® List, is widely recognized for its rapid expansion and significant success.

As one of the service-oriented businesses in the Propelled Brands family, MY SALON Suite® boasts over 330 locations in 35 states across the United States and Canada, with 165 franchisees and over 8,500 Members. To learn more about MY SALON Suite®, visit mysalonsuite.com. For franchise opportunities, contact Mark Jameson (mark.jameson@propelledbrands.com or call 214.346.5679).

SOURCE MY SALON Suite

Read More
21 01, 2024

Wendy’s Announces CEO Succession

2024-01-21T15:01:10-05:00January 21st, 2024|Tags: , , |

Kirk Tanner to Succeed Todd Penegor as President & CEO

Company Reaffirms Previously Provided FY 2023 Outlook and Plans to Release Q4 2023 Results and 2024 and Long-Term Outlook February 15

DUBLIN, Ohio — The Wendy’s Company (Nasdaq: WEN) today announced that its Board of Directors has appointed Kirk Tanner as Wendy’s President and CEO, effective February 5, 2024. Mr. Tanner will succeed Todd Penegor, who will depart from the Company and Board in February after serving in senior leadership positions at Wendy’s for more than a decade. Mr. Tanner has also been elected to serve on the Wendy’s Board of Directors.

Mr. Tanner most recently served as Chief Executive Officer of North American Beverages at PepsiCo, Inc., and joins Wendy’s with more than 30 years of experience across beverages, snacks and foodservice. At PepsiCo, he oversaw the $26+ billion business unit, which accounts for approximately 30% of PepsiCo’s overall business, driving operational performance and revenue growth, the incubation and launch of new products and the entrance into new markets over the course of his tenure. Prior to his most recent role, Mr. Tanner oversaw PepsiCo’s Global Foodservice division, during which time he expanded the Company’s presence in foodservice through strategic partnerships, new product lines and significant deals with major sports leagues and restaurant chains.

“We are thrilled to welcome an executive of Kirk’s caliber to the Wendy’s team,” said Nelson Peltz, Chairman of the Wendy’s Board. “Kirk is a proven operational leader whose customer-centric mindset and broad experience positioning and growing some of the most well-known global brands make him the ideal candidate to lead Wendy’s into its next phase of growth and expansion.”

“I am honored to have the opportunity to lead this iconic brand at such a pivotal time in the industry,” said Mr. Tanner. “I am energized by the future potential and expansion opportunities for the business. I look forward to working with the talented Wendy’s team and franchisees to drive future growth and success.”

Mr. Peltz continued, “On behalf of the Board, I would like to thank Todd for his tremendous contributions to Wendy’s over the years. Through his leadership, Wendy’s has driven strong growth in sales, earnings and new restaurant counts, forging an industry-leading partnership with the franchise community and a robust digital business. We wish him nothing but the best in his next chapter.”

“I am grateful to the Wendy’s team for their dedication and am immensely proud of all we have achieved together,” said Mr. Penegor. “I’m confident the Company is in highly capable hands with Kirk at the helm. My Wendy’s roots run deep, and while the time is right for me to move on as an executive of this great organization, I will forever be a supporter as a loyal customer.”

Wendy’s Reaffirms Previously Provided FY 2023 Outlook
Wendy’s continues to expect its full year 2023 results to fall within the outlook ranges provided in its third quarter earnings release issued on November 2, 2023. The Company will release its fourth quarter and full year 2023 results and share its 2024 and long-term financial outlook on February 15, 2024.

Forward-Looking Statements
This release contains certain statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). Generally, forward-looking statements include the words “may,” “believes,” “plans,” “expects,” “anticipates,” “intends,” “estimate,” “goal,” “upcoming,” “outlook,” “guidance” or the negation thereof, or similar expressions. In addition, all statements that address future operating, financial or business performance, strategies or initiatives, future efficiencies or savings, anticipated costs or charges, future capitalization, anticipated impacts of recent or pending investments or transactions and statements expressing general views about future results or brand health are forward-looking statements within the meaning of the Reform Act. Forward-looking statements are based on the Company’s expectations at the time such statements are made, speak only as of the dates they are made and are susceptible to a number of risks, uncertainties and other factors. For all such forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Reform Act. The Company’s actual results, performance and achievements may differ materially from any future results, performance or achievements expressed or implied by the Company’s forward-looking statements.

Many important factors could affect the Company’s future results and cause those results to differ materially from those expressed in or implied by the Company’s forward-looking statements. Such factors include, but are not limited to, the following: (1) the impact of competition or poor customer experiences at Wendy’s restaurants; (2) adverse economic conditions or disruptions, including in regions with a high concentration of Wendy’s restaurants; (3) changes in discretionary consumer spending and consumer tastes and preferences; (4) the disruption to the Company’s business from the COVID-19 pandemic and the impact of the pandemic on the Company’s results of operations, financial condition and prospects; (5) impacts to the Company’s corporate reputation or the value and perception of the Company’s brand; (6) the effectiveness of the Company’s marketing and advertising programs and new product development; (7) the Company’s ability to manage the accelerated impact of social media; (8) the Company’s ability to protect its intellectual property; (9) food safety events or health concerns involving the Company’s products; (10) our ability to deliver accelerated global sales growth and achieve or maintain market share across our dayparts; (11) the Company’s ability to achieve its growth strategy through new restaurant development and its Image Activation program; (12) the Company’s ability to effectively manage the acquisition and disposition of restaurants or successfully implement other strategic initiatives; (13) risks associated with leasing and owning significant amounts of real estate, including environmental matters; (14) risks associated with the Company’s international operations, including the ability to execute its international growth strategy; (15) changes in commodity and other operating costs; (16) shortages or interruptions in the supply or distribution of the Company’s products and other risks associated with the Company’s independent supply chain purchasing co-op; (17) the impact of increased labor costs or labor shortages; (18) the continued succession and retention of key personnel and the effectiveness of the Company’s leadership and organizational structure; (19) risks associated with the Company’s digital commerce strategy, platforms and technologies, including its ability to adapt to changes in industry trends and consumer preferences; (20) the Company’s dependence on computer systems and information technology, including risks associated with the failure or interruption of its systems or technology or the occurrence of cyber incidents or deficiencies; (21) risks associated with the Company’s securitized financing facility and other debt agreements, including compliance with operational and financial covenants, restrictions on its ability to raise additional capital, the impact of its overall debt levels and the Company’s ability to generate sufficient cash flow to meet its debt service obligations and operate its business; (22) risks associated with the Company’s capital allocation policy, including the amount and timing of equity and debt repurchases and dividend payments; (23) risks associated with complaints and litigation, compliance with legal and regulatory requirements and an increased focus on environmental, social and governance issues; (24) risks associated with the availability and cost of insurance, changes in accounting standards, the recognition of impairment or other charges, changes in tax rates or tax laws and fluctuations in foreign currency exchange rates; (25) conditions beyond the Company’s control, such as adverse weather conditions, natural disasters, hostilities, social unrest, health epidemics or pandemics or other catastrophic events; (26) risks associated with the Company’s organizational redesign; and (27) other risks and uncertainties cited in the Company’s releases, public statements and/or filings with the Securities and Exchange Commission, including those identified in the “Risk Factors” sections of the Company’s Forms 10-K and 10-Q.

In addition to the factors described above, there are risks associated with the Company’s predominantly franchised business model that could impact its results, performance and achievements. Such risks include the Company’s ability to identify, attract and retain experienced and qualified franchisees, the Company’s ability to effectively manage the transfer of restaurants between and among franchisees, the business and financial health of franchisees, the ability of franchisees to meet their royalty, advertising, development, reimaging and other commitments, participation by franchisees in brand strategies and the fact that franchisees are independent third parties that own, operate and are responsible for overseeing the operations of their restaurants. The Company’s predominantly franchised business model may also impact the ability of the Wendy’s system to effectively respond and adapt to market changes.

All future written and oral forward-looking statements attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to above. New risks and uncertainties arise from time to time, and factors that the Company currently deems immaterial may become material, and it is impossible for the Company to predict these events or how they may affect the Company.

The Company assumes no obligation to update any forward-looking statements after the date of this release as a result of new information, future events or developments, except as required by federal securities laws, although the Company may do so from time to time. The Company does not endorse any projections regarding future performance that may be made by third parties.

About Wendy’s 
Wendy’s® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is our Recipe®,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef*, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find a loving, forever home for every child waiting to be adopted from the North American foster care system. Today, Wendy’s and its franchisees employ hundreds of thousands of people across over 7,000 restaurants worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand. For details on franchising, connect with us at www.wendys.com/franchising.

Visit www.wendys.com and www.squaredealblog.com for more information and connect with us on X and Instagram using @wendys, and on Facebook at www.facebook.com/wendys.

*Fresh beef available in the contiguous U.S., Alaska, and Canada.

Read More
21 01, 2024

LIME Painting Named a 2024 Top Franchise by Franchise Business Review

2024-01-21T14:55:03-05:00January 21st, 2024|Tags: , , |

Independent Survey Shows Franchise Owners Are Highly Satisfied with LIME Painting’s Performance

DENVER — LIME Painting, the first and only high-end painting franchise company, was recently named a Top Franchise for 2024 by Franchise Business Review. This is the 19th annual ranking of the 200 best franchise opportunities as rated by franchise business owners. The list is available at https://franchisebusinessreview.com/lists/top-200-franchises/.

LIME Painting offers 40+ different painting, coating, and surface restoration services, but the brand is much more than that. LIME’s values of love, integrity, mission, and excellence motivate them to provide the best services possible to luxury properties across 21+ states. Whether it’s a standard repaint or a custom restoration job for a heavily distressed home, LIME is prepared to take on tasks and exceed customers’ expectations.

Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction and employee engagement, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.

LIME Painting was among more than 375 franchise brands, representing over 35,000 franchise owners, that participated in Franchise Business Review’s research. LIME Painting’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.

“Franchisee satisfaction continues to be the leading indicator of franchise performance and system health, and we are pleased to report that our latest research shows satisfaction has remained at some of the highest levels in the past 19 years. In fact, our survey results show that three out of four franchise owners would recommend their brand to others. That’s extremely encouraging news for franchise owners and anyone considering investing in a franchise,” said Michelle Rowan, president and COO of Franchise Business Review. “As an independent research firm, Franchise Business Review is committed to helping prospective franchisees get an objective view of the best franchise opportunities available based on actual feedback from the people who own them. Each of the award winners on this year’s list of the 200 Top Franchises received stellar ratings from their franchisees in the areas crucial to success in operating a franchise, including training & support, leadership, innovation, culture, and financial opportunity.”

“It’s truly an honor to be named a 2024 Top Franchise by Franchise Business Review for the 3rd year in a row,” said Nick Lopez, Founder of LIME Painting. “At LIME Painting, we strive to implement the best training and support for our franchisees and aim to create lasting relationships with each and every one of them. It’s rewarding to see that our franchisees feel seen, heard, and supported, and we cannot wait to continue to strengthen our franchisor/franchisee relations and add new members to our team in 2024.”

Visit FranchiseBusinessReview.com to see the full description of the 2024 Top Franchises.

About LIME Painting
After discovering his passion for home improvement while owning his first painting LLC, Nick Lopez founded LIME Painting in 2013 to set the standard of excellence in painting high-end residential and commercial properties. Five years later, he put his perfected business model to the test and began franchising to provide high-quality interior and exterior painting, coating, and other restoration services to maintain the aesthetic and integrity of luxury properties across the country. LIME Painting currently serves luxury home and business owners in all 90+ locations in 21+ states. For more information, go to https://limepainting.com/.

About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures the satisfaction and engagement of franchisees and franchise employees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,200 leading franchise companies. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com. To read our publications, visit https://franchisebusinessreview.com/page/publications/.

Read More
21 01, 2024

PuroClean Ranked Among the Top Franchises for 2024 by Franchise Business Review and Entrepreneur Magazine’s Franchise 500®

2024-01-21T14:44:53-05:00January 21st, 2024|Tags: , , , , , |

The Paramedics of Property Damage Start 2024 with Rankings in the Franchise Business Review and Entrepreneur Magazine’s Franchise 500®

TAMARAC, Fla. — PuroClean, one of the country’s leading property restoration and remediation franchises, is proud to announce that the brand has been ranked number 28 in the 19th annual Franchise Business Review, the brand’s sixth consecutive year within the top 50. In addition, the brand elevated two spots from 2023 to number 82 in Entrepreneur Magazine’s 2024 Franchise 500® Rankings, marking the third consecutive year within the top 100 and the seventh consecutive year appearing on the list. These recognitions come at a time when PuroClean is expanding on a remarkable end to 2023 and looking forward to an even more successful 2024.

“To be recognized by both Franchise Business Review and Entrepreneur Magazine’s Franchise 500® as one of the top franchises in the nation is an incredible honor,” said Steve White, President, and COO of PuroClean. “Here at PuroClean, we pride ourselves on establishing a family-like atmosphere that celebrates our franchises and recognizes their success. We cherish the relationships we have made and continue to strive to be the best franchise possible. These recognitions reaffirm that the commitment we have made to making PuroClean one of the best franchise brands in the nation has not gone unnoticed, and we again thank Franchise Business Review and Entrepreneur Magazine for these notable honors.”

Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction and employee engagement, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Over its 45 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees.

“We are all very proud to be recognized by two established and reputable publications for our work as a franchise business,” said Tim Courtney, Vice President of Franchise Development for PuroClean. “PuroClean’s position within the rankings is a testament to our strength as a franchise opportunity, and we are honored to be recognized for our continued dedication to this business.”

To view PuroClean in the full ranking, visit http://www.entrepreneur.com/franchise500 or pick up a copy of the January/February 2024 issue of Entrepreneur on newsstands now. Visit FranchiseBusinessReview.com to see the full description of the 2024 Top Franchises.

About PuroClean
PuroClean is a leading, world-class service brand for property water damage remediation, fire and smoke damage mitigation, mold removal, and biohazard clean-up services, working with both residential and commercial customers across the US, Canada, and Puerto Rico. Founded in 2001, PuroClean is a diverse, fast-growing network of over 460 North American franchise locations, each independently owned and operated. With a commitment to respond within two hours, the professionals at PuroClean are thoroughly screened, insured, and trained in utilizing the latest cutting-edge mitigation technology to complete the remediation task at hand.

Read More
21 01, 2024

Five Star Franchising brands ranked among the top franchises in Entrepreneur Magazine’s highly competitive Franchise 500®

2024-01-21T14:35:56-05:00January 21st, 2024|Tags: , , , , |

Mosquito Shield, Gotcha Covered and Five Star Bath Solutions represent the innovative home service franchise platform on the competitive annual list

SPRINGVILLE, Utah — Three brands from the portfolio of Five Star Franchising, an innovative, growing platform of home service brands, have been recognized as top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first and most comprehensive franchise ranking.

The 2024 Franchise 500® ranks Mosquito Shield (#126), Gotcha Covered (#292) and Five Star Bath Solutions (#314) for their outstanding performance in areas including unit growth, financial strength and stability, and brand power. For the second consecutive year, Mosquito Shield ranks #1 among all pest control franchises.

“It’s an honor to see Mosquito Shield, Gotcha Covered and Five Star Bath Solutions recognized for their world-class performance,” said Scott Abbott, CEO and co-founder of Five Star Franchising. “We’re grateful for the hard work and commitment demonstrated by our franchise owners and leaders for each brand, and we’re especially proud that Mosquito Shield has been named the top franchise in its category two years in a row. This is proof that Five Star’s industry-leading franchise systems and support truly make a difference and empower our franchise owners to deliver premium service to their customers and communities.”

For 45 years, the annual Entrepreneur Franchise 500® has been a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchise owners.

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then 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 ranked order.

“Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people,” says Jason Feifer, editor in chief of Entrepreneur magazine. “Our 45th annual ranking is full of companies with fresh ideas, exciting business models, cultural sway, and the kind of business sophistication that will define the next 45 years and beyond.”

Over its 45 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for prospective franchise owners.

“This is a testament to the value and opportunity we offer our franchise owners,” said J. Andrew Mengason, chief growth officer of Five Star Franchising. “By providing our innovative systems and leveraging the shared power of our platform, we put them in position to pursue their dreams of independence and financial freedom.”

To view the full ranking, visit http://www.entrepreneur.com/franchise500 or pick up a copy of the January/February 2024 issue of Entrepreneur on newsstands now.

For more information about Five Star Franchising and its platform of home service brands, visit Five Star Franchising.

About Five Star Franchising
Five Star Franchising is an innovative, growing platform of home service brands with more than 800 total locations throughout North America. Franchise owners across Five Star’s brands, including Five Star Bath Solutions, Gotcha Covered, Bio-One, 1-800-Packouts, 1-800-Textiles, and Mosquito Shield, enjoy a robust support network and access to industry-leading tools such as ProNexis, the 24/7 sales support solution tailored for home service businesses, and Five Star Marketing Services, Five Star Franchising’s elite marketing engine. Five Star Franchising’s commitment to core values — Driven, Real, Innovative, Vital, and Enthusiastic (DRIVE) — ensures its brands are category leaders and empowers franchise owners to maximize profitable growth and secure their financial destiny. Five Star Franchising is consistently recognized as one of the most successful companies in Utah, ranking among the fastest-growing businesses in the state on the MountainWest Capital Network Utah 100, the Utah Valley BusinessQ UV50 and the Utah Business Fast 50 lists. For more information, visit fivestarfranchising.com.

About Five Star Bath Solutions
Five Star Bath Solutions is the premier bath transformation franchise in the home remodeling industry. The company, named a Top Low-Cost Franchise for 2023 by Franchise Business Review, designs and builds dream bathrooms through expertise and trust providing affordable transformations and beautiful solutions. Part of the Five Star Franchising portfolio of home service brands since 2014, Five Star Bath Solutions is one of the fastest-growing bath remodeling franchises in the world with more than 120 franchise locations. For more information, visit fivestarbathsolutions.com. To learn about franchising with Five Star Bath Solutions, visit bathsolutionsfranchising.com.

About Gotcha Covered
Gotcha Covered is the premier provider of custom interior window treatments in North America, offering solutions including blinds, draperies, shutters, smart home systems and much more. The company provides end-to-end consultation inspired by customer’s needs and goals, and proudly celebrates 99% positive customer reviews. Franchising since 2009 and acquired by Five Star Franchising in 2021, Gotcha Covered is quickly growing across North America with more than 160 franchise locations. In 2023, Gotcha Covered was named a Top Franchise, Top Low-Cost Franchise and Top Recession-Proof Franchise by Franchise Business Review. For more information, visit gotchacovered.com. To learn about franchising with Gotcha Covered, visit gotchacoveredfranchising.com.

About Mosquito Shield
Mosquito Shield is America’s trusted provider of effective residential mosquito and tick control service. Combining an innovative proprietary blend of natural oils and select control products with a responsive spraying schedule designed around real-time pest population analysis and weather conditions, Mosquito Shield delivers the best results in the industry to help customers in over 375 territories enjoy their outdoor spaces. Mosquito Shield, part of the Five Star Franchising platform of home service brands, was ranked the top pest control franchise in the U.S. by Entrepreneur in 2023 and 2024. For more information about Mosquito Shield, visit moshield.com. To learn about franchising opportunities, visit moshieldfranchise.com.

Read More
21 01, 2024

FASTSIGNS® Ranked #1 in Category on Franchise Business Review’s List of the Top Franchises for 2024

2024-01-21T14:24:10-05:00January 21st, 2024|Tags: , , , , |

Independent Survey Shows FASTSIGNS Ranks Highest in Franchisee Satisfaction in the Business Service Category Within the Top 200 Franchise Brands for the Sixth Consecutive Year

CARROLLTON, Texas — FASTSIGNS®, the leading sign, graphics and visual communications franchise, announced today it has been ranked Best-in-Category in the Business Service sector on Franchise Business Review’s list of the Top Franchises for 2024. This is the 19th annual ranking of the 200 best franchise opportunities as rated by franchise business owners, and the sixth consecutive year FASTSIGNS has ranked. The list is available at https://franchisebusinessreview.com/lists/top-200-franchises/.

“Being ranked among the top franchise opportunities and as the best in our category year over year is a testament to the relentless dedication of both our corporate team and our franchisees to not only establish FASTSIGNS as the leader in our industry, but also foster a positive culture throughout our network,” said Mark Jameson, chief development officer at Propelled Brands. “This recognition fuels our determination to attract the best franchise candidates as we continue to expand our ownership opportunities, including through our co-brand and conversion programs. As we celebrate this milestone, we look ahead to a future where FASTSIGNS continues to set the standard for excellence in the signage industry.”

Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction and employee engagement, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.

FASTSIGNS was among over 375 franchise brands, representing more than 35,000 franchise owners, that participated in Franchise Business Review’s research. FASTSIGNS’ franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity. The brand provides the highest support ratio of any sign franchise and offers diverse opportunities for prospective franchisees, including allowing independent sign shops or businesses in related industries to gain the support of the franchise through its co-brand and conversion programs.

“While researching franchises, I selected an industry leader. The visibility, products and services that FASTSIGNS offers, coupled with their support of franchise owners, was evident,” said Steph Drileck, FASTSIGNS franchise of multiple San Antonio centers. “We wanted to invest in a business opportunity as a calculated risk, and we were confident that the FASTSIGNS business model, combined with our dedication and hard work, would pay off – and it has!”

FASTSIGNS’ survey data showed the following:

92% of franchisees “strongly agree” or “agree” to respecting the franchisor.

95% of franchisees are likely to recommend FASTSIGNS to others.

95% of franchisees rate their local market competitiveness above average, +20% higher than the industry benchmark.

“Franchisee satisfaction continues to be the leading indicator of franchise performance and system health, and we are pleased to report that our latest research shows satisfaction has remained at some of the highest levels in the past 19 years. In fact, our survey results show that three out of four franchise owners would recommend their brand to others. That’s extremely encouraging news for franchise owners and anyone considering investing in a franchise,” said Michelle Rowan, president and COO of Franchise Business Review. “As an independent research firm, Franchise Business Review is committed to helping prospective franchisees get an objective view of the best franchise opportunities available based on actual feedback from the people who own them. Each of the award winners on this year’s list of the 200 Top Franchises received stellar ratings from their franchisees in the areas crucial to success in operating a franchise, including training & support, leadership, innovation, culture, and financial opportunity.”

The total investment for a FASTSIGNS franchise is approximately $240,080 – $310,569, including a $49,750 franchise fee. Ideal candidates have a net worth of $300,000, of which $80K is liquid. The brand offers a special incentive for veterans and first responders which includes a 50% reduction on the franchise fee – a savings of $24,875.

For more information about FASTSIGNS®, visit https://www.fastsigns.com.

Visit FranchiseBusinessReview.com to see the full description of the 2024 Top Franchises.

About FASTSIGNS®
FASTSIGNS is a leading national visual ideas company that creates a wide variety of comprehensive sign and graphics solutions. With over 35 years of experience, FASTSIGNS helps you achieve more than you ever thought possible. We are the worldwide franchisor of more than 765 independently owned and operated FASTSIGNS® centers. FASTSIGNS locations span across the United States, Puerto Rico, the United Kingdom, Canada, Chile, Grand Cayman, Malta, the Dominican Republic and Australia (where centers operate as SIGNWAVE®). FASTSIGNS is frequently recognized for franchisee satisfaction and through franchising awards which include being ranked #1 on Entrepreneur’s Highly Competitive Franchise 500® List for the Seventh Consecutive Year for 2023 as well as being named a 2023 Best-in-Category Franchise by Franchise Business Review.

In 2021, Propelled Brands was formed, and is now the multi-brand franchisor for  FASTSIGNS®, NerdsToGo® and MY SALON Suite®. To learn more visit fastsigns.com.

Read More
21 01, 2024

ohDEER Names Glenn Leingang as Brand President

2024-01-21T14:14:10-05:00January 21st, 2024|Tags: , , , |

Pioneer in all-natural solutions for pest control marks a decade in franchising with a significant addition to the team.

WAYLAND, Mass. — ohDEER, the leader in all-natural deer, tick and mosquito control, announced today the appointment of its new Brand President, Glenn Leingang. The announcement coincides with ohDEER’s 10th year of franchising.

As the first-ever hire for this role, Leingang assumes a crucial position in increasing ohDEER’s brand awareness, educating prospects about the franchise opportunity and growing the network, which currently includes 14 franchisees across Maryland, Massachusetts, New York, Rhode Island and Virginia.

Leingang’s immediate development goals involve expanding into more locations in existing states and branching into neighboring states along the Northeast coast, aiming to surpass 50 locations by 2027.

“My goal is to bring a fresh perspective to ohDEER and build on its already impressive franchise development track record,” said Leingang. “I look forward to connecting with potential franchise prospects seeking an established and successful business ownership opportunity at a time when a growing number of homeowners and policymakers are demanding 100% natural pest care solutions.”

Leingang brings over 20 years of experience as a dynamic sales professional with a passion for franchising that began as a Quiznos franchisee, a business he successfully ran for four years. After selling the restaurant he took on the role as Regional Vice President at United Franchise Group, where he oversaw the growth of eight brands and learned the ins and outs of the business from the franchisor side. Most recently, Leingang served as Chief Development Officer at Generator Supercenter, where he was responsible for its rapid and exponential growth during his three year tenure.

“Glenn is precisely the leader we are looking to add to our team at a pivotal time for our company,” said Colleen Upham, owner and co-founder of ohDEER. “His qualities and sales experience make him an excellent fit to propel ohDEER franchise development to the next level and strengthen our presence in new and key markets.”

To learn more about ohDEER’s franchise opportunities, visit ohdeerfranchising.com

To learn more about ohDEER or to find a location, visit oh-deer.com

About ohDEER
Established in 2006 in Wayland, Mass., by co-founders Kurt and Colleen Upham, ohDEER is a leading provider of innovative and environmentally friendly solutions for deer, tick, and mosquito control. ohDEER specializes in all-natural products designed to address outdoor pest challenges effectively ensuring the well-being of both the environment and customers. ohDEER began franchising in 2014 and today has 14 locations spanning across Maryland, Massachusetts, New York, Rhode Island and Virginia. To learn more about ohDEER visit www.oh-deer.com and for more information about the franchise opportunity visit ohdeerfranchising.com.

Read More
21 01, 2024

Assisted Living Locators Reaches Remarkable Milestone with 150th Franchise Opening

2024-01-21T14:05:56-05:00January 21st, 2024|Tags: , , , , , , |

SCOTTSDALE, Ariz. — Assisted Living Locators, a leading senior placement and referral service and member of Evive Brands, proudly announces the opening of its 150th franchise in Southwest Metro Atlanta, GA, marking a significant milestone in the company’s nationwide expansion. This achievement comes on the heels of last year’s celebration of the company’s 20th anniversary, further demonstrating its continuous growth in the senior care industry.

The new Forest Park franchise is owned by Brian Sullivan, who brings a fresh perspective and a deep commitment to providing compassionate care to seniors in the Georgia community. “Opening the 150th Assisted Living Locators franchise is not just a personal accomplishment but an indication of the brand’s strength and the increasing demand for senior care services,” said Sullivan.

Angela Olea, RN, Founder and Brand President of Assisted Living Locators, remarked on this landmark achievement: “Our success over these two decades reflects the trust our franchisees have in us. Our presence in 39 states plus DC and the potential for 150 more franchises highlights the strength of our team, our effective business model, and our steadfast dedication to providing exceptional services to seniors and their loved ones.”

The demand for services like Assisted Living Locators is set to surge as U.S. senior population estimates point to a near doubling by 2060. With such demographics in view, Ryan Parsons CEO of Evive Brands, Assisted Living Locators’ parent company, expressed optimism about the brand’s future. “Our exponential growth responds to real community needs. As the elderly population continues to grow, our commitment remains strong to broaden our services and touch more lives.”

Setting it apart, Assisted Living Locators is the sole senior placement agency boasting systemwide dementia care certification. Its distinct service model and expansive franchise network prime it to meet the rising demand for premium elderly care services in the forthcoming years.

About Assisted Living Locators

Assisted Living Locators, under the Evive Brands umbrella, offers a comprehensive range of care options for seniors and families, guiding them through top-tier in-home care, diverse retirement options, assisted living, and memory care. The brand has been recognized in Entrepreneur’s “Franchise500®” and distinguished as a Top Senior Care Franchise by Franchise Business Review. For more information, visit  www.assistedlivinglocators.com/franchise.

Read More
21 01, 2024

WIN Home Inspection Ranked #1 Across Industry by Entrepreneur for Second Year in a Row

2024-01-21T13:57:31-05:00January 21st, 2024|Tags: , , , |

Home Inspection Company Recognized as One of the Top 500 Franchises in Entrepreneur’s Highly Competitive Franchise 500®

CHICAGO — WIN Home Inspection is ranked number one in the home inspection services industry for the second year in a row and recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s most sought-after franchise ranking. Additionally, WIN Home Inspection ranks #181 on the list, boosting the home inspection company up 43 spots from last year’s ranking.

WIN Home Inspection is a trusted brand with more than 30 years of legacy and rated as the fastest-growing franchise in the industry. WIN is the only national home inspection company offering robust training, end-to-end marketing and business coaching from the largest support team in the industry. WIN takes pride in its culture of camaraderie and trust across its network of franchise owners, colleagues and staff.

“Earning the #1 ranking for the second consecutive year is not just an achievement, but a testament to the unwavering dedication and hard work of our Strategic Partners and extensive support staff,” says Praful Mittal, CEO of WIN Home Inspection. “This honor belongs to each of them, and I thank them for making WIN not just a name, but a symbol of trust and quality within the home inspection industry.”

WIN Home Inspection’s unique playbook has generated tremendous growth for their business. With 285 locations nationwide and a consistent growth trajectory, WIN continues to fill gaps in markets where homebuyers, homeowners and sellers need essential inspection services from a highly trained, professional, reliable and trustworthy brand.

“Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people,” says Jason Feifer, editor in chief of Entrepreneur magazine.

To learn more about WIN Home Inspection or find your local WIN home inspector, please visit www.wini.com.

About WIN Home Inspection
WIN Home Inspection is the #1 and the fastest-growing home inspection services franchise in the U.S., and has been providing homeowners, buyers and sellers with the widest range of inspection services for 30 years to help improve health, safety and quality of life. Founded in 1993, WIN has more than 270 locations across 45 states and has been transforming the home inspection industry. Using innovative techniques and the latest tools and technologies, WIN delivers actionable insights and exceptional customer service. WIN is a major supporter of veterans and first responders in their post-service careers, which is why more than one-third of WIN’s franchise owners have a military or emergency services background. For more information about WIN Home Inspection, visit www.wini.com, and for more information about franchise development, visit www.winfranchising.com.

Read More
16 01, 2024

Deka Lash Again Ranked #1 in its Category in Franchise 500

2024-01-16T21:05:45-05:00January 16th, 2024|Tags: , , , |

Ranked #1 in Lash, Brow and Skincare Category 

PITTSBURGH — Deka Lash, the pioneering beauty brand specializing in eyelash extensions and brow services, has been once again named to Entrepreneur magazine’s Franchise 500®, ranked #1 in the Lash Extension, Brow Services, and Skincare Solutions category and #421 overall.

Entrepreneur’s  Franchise 500®  is the world’s first and most comprehensive franchise ranking—considered by many to be the go-to source for the fastest growing franchise brands and a key resource for anyone considering investing in a franchise.

“When Entrepreneur evaluates franchises for the Franchise 500, we look at more than 150 data points — including very visible ones like size and growth, but we also take a holistic view of the business, the industry it operates in, and the opportunities available to prospective franchisees. That includes things like franchisee support and training, brand strength and marketing, and more. Coming in at #421 on the overall list, Deka Lash also scores in the top 25% of all companies in size and growth and the top 20% for financial strength this year. That’s impressive, too, since the 2024 Franchise 500 is Entrepreneur’s most competitive ever with 1,389 franchisors submitting which is a record number,” states Jason Feifer, editor in chief of Entrepreneur.

One of the hottest categories in the beauty industry, the do-it-for-me lash extension market is forecast to grow by over $570 million by 2027 (Technavio). The service appeals to consumers of all backgrounds and ages seeking a way to shine a light on their natural beauty. For many, it facilitates a convenient ‘no makeup’ look without the need to apply mascara. Other customers pursue the service as a means to express their individuality and creativity by experimenting with lashes in a range of shapes, thicknesses, and colors.

Deka Lash, one of the two largest and fastest growing brands in the category, was founded by then stay-at-home mom and Lash Artist Jennifer Blair from a small, rented space in the back of a day spa and has now grown to over 130 studios across North America.

“We are honored to once again be recognized by Entrepreneur for our success. Our vision was to create an empowering, confidence-boosting service. Our members tell us they selected us based on this benefit, as well as our superior quality standards,” said Blair, CEO and Founder.

Deka Lash offers franchisees a tested and proven professional training program, a proprietary studio design uniquely tailored to optimize the client experience and support its Lash Artists, a personalized customer experience, and an industry-leading membership program.

“We owe our success to the passion and dedication our franchisees put into exceeding the expectations of every client who walks in the door,” adds Shant Assarian, President.

Deka Lash’s proven business model and growing demand for eyelash extensions position the company well for significant expansion across North America and beyond.

About Deka Lash
Deka Lash is a beauty company on a mission to help its clients uncover the most confident and empowered version of themselves through customized lash and brow services, high-end products, and an elevated experience. Founded in 2012 by Jennifer Blair, the modern retail studios, which apply semi-permanent, custom eyelash extensions by highly trained Lash Artists, provide a variety of looks and styles to choose from. The concept began franchising in 2016 and is currently operating over 130 studios throughout North America. To learn more about the Deka Lash franchise opportunity, visit https://wwwdekalash.com/franchise

Read More

EMAIL US

Advertising Inquiries
General Information

CONTACT US

Franchise Dictionary Magazine
345 Route 17 South
Upper Saddle River, NJ 07458

Trying to find a brand’s story? Insert the brand name here and find it faster.

Franchise Dictionary Magazine
Accessibility by WAH
The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.
Go to Top