Amazing Lash Studio Ranks No. 344 on Entrepreneur’s 2019 Franchise 500® List
Entrepreneur’s 40th Annual Franchise 500 recognized national beauty brand Amazing Lash Studio amongst the top US franchises for second year in a row
SCOTTSDALE, Ariz. - (BUSINESS WIRE) - January 24, 2019 - Amazing Lash Studio, the nation’s largest and fastest growing eyelash extension franchise beauty brand, ranked No. 344 on Entrepreneur magazine’s 2019 Franchise 500® list. This is the third time the brand has been featured on this prestigious list.
The Franchise 500 is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the outlet’s most competitive rankings ever. Those franchises that rose to the top reveal the newest trends as well as the industries that keep going strong decade after decade.
Entrepreneur also named Amazing Lash Studio in its ‘Top 10 Franchise Categories for 2019,’ a list that predicts the hottest franchise categories in the year ahead.
“Being ranked on Entrepreneur’s Franchise 500 list again this year is an honor as it recognizes our steadfast position as a category leader in the eyelash extension segment,” said Amazing Lash Studio CEO Heather Elrod. “We are focused on continuing to innovate and provide the right systems with substantial support in operations and training to create a blueprint of success for franchisees. By becoming part of the WellBiz Brands portfolio, the brand is even better prepared to support accelerated and sustainable growth for our franchisees.”
The Amazing Lash Studio brand has been growing steadily since it started franchising in 2013. Today, the beauty brand has over 200 open locations across the U.S. This past year marked a significant milestone for Amazing Lash Studio with its acquisition by WellBiz Brands, Inc., which also manages the Elements Massage® franchise system, which notably ranked No. 340 on Entrepreneur magazine’s 2019 Franchise 500, and the Fitness Together® franchise system. The WellBiz Brands, Inc. acquisition primes the beauty brand for continued innovation, which will be reflected in the rollout of new retail products and services this year, including new eyelash adhesives, Lash Lift, and new Featherweight Lashes™.
The key factors that go into the evaluation of the Entrepreneur ranking include costs and fees, size and growth, support, brand strength, and 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 Entrepreneur Franchise 500® in ranking order.
Over its 40 years in existence, the Entrepreneur Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees.
To view Amazing Lash Studio in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur.
For more information about Amazing Lash Studio and its franchise opportunities, visit Franchising.AmazingLashStudio.com.
About Amazing Lash Studio
Amazing Lash Studio was founded in 2010 with a vision to be the leading provider of eyelash extensions. The concept began franchising in 2013 and has over 200 open studios in 23 states. In 2018, Amazing Lash Studio earned the rank of #5 on Entrepreneur Magazine’s Top New Franchises, #327 in the Franchise Times Top Franchisors list and #260 on the Inc. 500 in its inaugural year. The national beauty brand ranked #4 on the 2019 Franchise Times Fast & Serious list. For additional information, visit AmazingLashStudio.com.
SOURCE Amazing Lash Studio
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