GYMGUYZ Ranked a Top Franchise in Entrepreneur’s Highly Competitive Annual Franchise 500®
Ranking solidifies the brand’s place as one of the fastest growing fitness concepts in the nation
PLAINVIEW, N.Y. (PRWEB) January 23, 2018 - Mobile fitness concept GYMGUYZ was recently ranked one of Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking.
Entrepreneur received more than 1,000 applications this year, making it one of the most highly sought-after recognitions in the franchise industry. Known as an invaluable resource for potential franchisees, the Franchise 500® ranked GYMGUYZ 470 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“We are honored to have received this recognition for the first time since we began franchising just three years ago,” said GYMGUYZ CEO and founder Josh York. “This ranking is further proof that we have become a major competitor to the big players in the industry with a mobile concept that allows us to scale faster than almost any other franchise brand. We are proud of what we’ve been able to accomplish so far and plan to build on this momentum in 2018.”
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.
"This year’s Franchise 500 ranking features both up-and-comers who bring fresh ideas to an ever-changing industry, as well as savvy stalwarts that have thrived for decades. We are proud to highlight and celebrate them all,” says Jason Feifer, editor in chief of Entrepreneur. “Our results show that the industry is strong - and that the most enduring franchisors are those who learn to balance innovation with reliability. That’s how to attract new customers while keeping the old ones happy.”
Over its 39 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. GYMGUYZ’s position on the ranking is a testament to its strength as a franchise opportunity.
“Our rapid year-over-year growth is a testament to the quality of the services that we offer and our NPS score remains higher than the industry average,” said York. “While our customers remain our top priority, we offer our franchisees one of the most competitive opportunities in the space. This ranking is a testament to the hard work that they’ve put in to help drive our success and we are seeking even more qualified candidates to join our growing team.”
To view GYMGUYZ in the full ranking, visit http://www.entrepreneur.com/franchise500. Results can also be seen in the January/February issue of Entrepreneur, available on newsstands January 16th.
GYMGUYZ is # 1 in Home Personal Training providing convenient, customized, and creative workouts. Headquartered in Plainview, N.Y., bringing their premier health and wellness services to the comfort of a customer’s home, office, or setting of choice. Founded in 2008 by fitness specialist Josh York, today the mobile brand employs a full fleet of trucks to bring state-of-the-art fitness equipment and expert coaches to their customers’ doors. Whether providing one-on-one training or inclusive group sessions, GYMGUYZ helps equip individuals with the resources to reach their fitness goals. Propelled by a unique take on an in-demand service, and fueled by a passionate corporate team, GYMGUYZ is pushing itself toward significant expansion through franchising. Now with over 140 locations across the country, GYMGUYZ is the fastest growing fitness concept in the United States. For more information on GYMGUYZ, visit http://www.gymguyz.com/. To learn more about franchising opportunities with GYMGUYZ, visit http://www.gymguyzfranchise.com/.
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