December 27, 2012 // Franchising.com // Needham, Mass - Get In Shape For Women, a fitness franchise that offers small group personal training for women, was recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500® places Get In Shape For Women as No. 213 for its exceptional performance in areas including financial strength and stability, growth rate, and system size.
“We are pleased and honored to be recognized in the Franchise 500 for the third year in a row,” said Lou DeFrancisco, president and COO of Get In Shape For Women. “This recognition reinforces our ongoing commitment to providing an outstanding business opportunity for potential franchisees and supporting our business owners nationwide.”
“The Franchise 500® is a valuable resource for anyone looking to pursue a business venture and wants to get a scope of which companies and industries are doing well in today’s economy.” says Amy Cosper, VP and editor in chief of Entrepreneur. “The ranked franchises are the ones whose business models are working best—and are a major force contributing to the franchise upswing. Their ability to successfully satisfy customers, continually add units, create jobs and grow overall keeps them ahead of the rest and worthy of distinction.”
The rankings for all 500 companies are determined using an exclusive formula that takes into account objective and quantifiable factors. An independent CPA analyzes all financial data. The most important factors include financial strength and stability, growth rate and size of the system. All franchises are given a cumulative score, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Over its 34 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Get In Shape For Women’s position on the ranking reinforces its strength in the industry.
To view Get In Shape For Women in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January issue of Entrepreneur.
Founded in 2006 by Brian Cook, Get In Shape For Women offers small group, personal training for women in a private, upscale studio. Clients experience weight training, cardio, nutrition support and accountability for a complete fitness program for women. The company currently operates 100 studios in 18 states across the country and expects to add 20-25 additional locations by the end of 2013. Get In Shape For Women plans to grow 25% each year toward its eventual goal of 5,000 locations worldwide. The Northeast, particularly New Jersey, is the primary target for growth in 2013. For more information, please visit www.getinshapeforwomen.com.
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