The Lost Cajun Is Ranked In Entrepreneur’s 40th Annual Franchise 500®
January 18, 2019 // Franchising.com // Covington, La. - The Lost Cajun was recently listed at No. 436 in Entrepreneur magazine’s Franchise 500®, the world’s first and most comprehensive franchise ranking. It marks the first time the authentic Cajun restaurant has been ranked on the prestigious list.
Placement in the Franchise 500® is a highly sought-after honor in the franchise industry, evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, The Lost Cajun’s ranking in the Franchise 500® signifies its outstanding performance in areas including unit growth, financial strength, stability and brand power.
“It’s an incredible honor to be included in the Franchise 500® for the first time,” said Raymond Griffin, founder and CEO of The Lost Cajun. “It reinforces our commitment to bringing authentic Cajun cuisine and true Southern hospitality to every part of the country. Looking back, 2018 was a banner year for us. To start 2019 off with recognition of this magnitude is a testament to our commitment to our future plans, which include 35 restaurants in various stages of development.”
The Lost Cajun’s menu offers diners a sampling of traditional Cajun fare, including a variety of gumbos - seafood, chicken, sausage, and vegetarian. Red beans and rice, fried seafood, crawfish etouffee, and lobster bisque also top the menu, as does another Cajun staple, jambalaya. And what Cajun restaurant would be complete without beignets for dessert?
The Lost Cajun further distinguishes itself with a fantastic down-home atmosphere - a true hole-in-the-wall with wooden tables, unique decorations and an expertly crafted playlist of Zydeco music. The open kitchen concept harks back to the wooden counters in Louisiana’s gumbo houses; patrons can watch their food being cooked and hear the courtesy and respect commonly associated with Cajun culture.
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. The Lost Cajun’s position on the ranking is a testament to its strength as a franchise opportunity.
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, 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.
“As we celebrate 40 years of producing the Franchise 500®, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
To view The Lost Cajun in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15th.
About The Lost Cajun
Founded in 2010 and franchising since 2013, The Lost Cajun is a family-friendly restaurant concept with a focus on authentic Cajun food and hospitality. Today, there are 25 restaurants open and operating in six states, with over 35 in various stages of development. For more information, visit www.thelostcajun.com.
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SOURCE The Lost Cajun
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