Tint World® ranked No. 1 in category in Entrepreneur’s highly competitive 42nd annual Franchise 500®
January 20, 2021 // Franchising.com // BOCA RATON, Fla. - Tint World® Automotive Styling Centers™ recently ranked in Entrepreneur magazine’s 2021 Franchise 500® list. Recognized as an invaluable resource for potential franchisees, the 2021 list ranks Tint World® No. 1 in category as well as No. 290 overall for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” said Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
In Entrepreneur’s continuing effort to better understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve. The key factors that go into the 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 make up the Franchise 500® in ranking order.
“This ranking reflects the commitment of everyone in the Tint World® family,” said Charles J. Bonfiglio, CEO of Tint World®. “The Entrepreneur Franchise 500® is the gold standard for franchises and appearing on the list for seven years in a row affirms that what we’re doing works. And even though we’re taking time to celebrate this honor, we won’t lose sight of our goals for 2021.”
SOURCE Tint World®
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