Bottle & Bottega Soars To New Heights On Entrepreneur Magazine’s 38th Annual Franchise 500® List
Paint and Sip Franchise Ranked #316 in the Recreation Category
January 19, 2017 // Franchising.com // CHICAGO – Bottle & Bottega announced today that it has been named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking. Bottle & Bottega has been rated number three in the Paint & Sip Studios section in the ”Recreation” category and top two-thirds overall.
The prestigious award validates the progress the company has made in the past year. In 2016, the brand added more than five new locations, bringing the total to 24 locations throughout the United States.
“We are honored to receive this ranking,” said Nancy Bigley, CEO of Bottle & Bottega. "We look forward to building upon this growth in 2017, as we form new relationships, expand into new markets, launch new product lines and continue to elevate our franchisee support.”
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“We spend months gathering and crunching data in order to produce the Franchise 500 ranking. We’re proud of the result and the way it continues to be a resource for the franchise community,” says Jason Feifer, editor in chief of Entrepreneur. “Like every industry, franchising is ever-evolving and must smartly react to new technologies and consumer demands. We know it takes a lot to stay competitive, and are excited to celebrate those that do it best.”
One part artistic adventure and one part cocktail party, Bottle & Bottega inspires the inner artist in everyone regardless of skill or practice, through a blend of hands-on art sessions, on-site professional instruction and, of course, a glass of your favorite wine. Bottle & Bottega paint and wine parties are perfect for individuals, couples, and groups of all sizes for a variety of personal and professional occasions.
Entrepreneurially spirited individuals interested in investing in the wine and paint studio franchise will receive a full suite of support services ranging from initial and ongoing training to sales and marketing programs. Plus, Bottle & Bottega is a proud member of the VetFran program. Approved candidates receive 10% off of the total franchise fee. Ideal candidates are outgoing individuals who enjoy throwing parties and love the idea of serving the community. Additionally, Bottle & Bottega offers exclusive territories.
“In order to reflect the evolving business world at large, we at Entrepreneur continue to evolve our annual ranking, too,” says Ryan Shea, president of Entrepreneur. “We’ve developed new ways to measure and analyze our collected data as new critical data points come into play. We take into account pertinent factors such as social media presence and financing availability, which have become increasingly important in today’s economy. The result is a more complete and relevant Franchise 500® that can serve as a valuable resource for our readers.”
To view Bottle & Bottega in the full ranking, visit www.entrepreneur.com/franchise500.
To learn more about Bottle & Bottega visit: http://bottleandbottega.com.
For more on the franchise opportunity with Bottle & Bottega, visit: http://bottleandbottegafranchising.com.
About Bottle & Bottega
A stroke of artistic genius paints a totally new picture of what is possible when friends, couples or colleagues get together for a Bottle & Bottega art party — an experience unlike any other. One part artistic adventure and one part cocktail party, Bottle & Bottega inspires the inner artist in everyone regardless of skill or practice, through a blend of hands-on art sessions, on-site professional instruction and, of course, a glass of your favorite wine. Bottle & Bottega paint and wine parties are perfect for individuals, couples and groups of all sizes for a variety of personal and professional occasions.
Bottle & Bottega is the art innovation leader in the paint & sip space, inspiring multiple art form innovations since 2009.
For more information about Bottle & Bottega, visit http://bottleandbottegafranchising.com.
About Entrepreneur Media Inc.
For nearly 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration, and education read by millions of entrepreneurs and small business owners worldwide.
To learn more, visit entrepreneur.com.
SOURCE Bottle & Bottega
Public Relations Associate