Fast-Growing Coffee Franchise Recently Ranked In Entrepreneur Magazine’s Franchise 500®
January 26, 2021 // Franchising.com // Scooter’s Coffee recently ranked in Entrepreneur magazine’s Franchise 500®. This quickly-growing franchise has been steadily increasing its ranking over the last three years going from #460 in 2019 to #225 in 2020 to #103 in 2021. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Scooter’s Coffee as #103 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry making it one of the company’s most competitive rankings ever.
“We are so excited to be ranked #103 on the Franchise 500,” says Tim Arpin, Vice President of Franchise Sales. “This year has been one of adaptability, so we are beyond grateful for our leadership team as well as our amazing franchisees. We wouldn’t have been able to succeed to this level without them!”
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” says 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 best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. The key factors that go into the evaluation 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 Franchise 500® in ranking order.
Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. The brand’s position on the ranking is a testament to its strength as a franchise opportunity.
To view Scooter’s Coffee in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur, available on newsstands January 26th.
About Scooter’s Coffee
Founded in 1998 by Don and Linda Eckles in Bellevue, Nebraska, Scooter’s Coffee roasts only the finest coffee beans in the world at its headquarters in Omaha, Nebraska. In more than two decades of business, Scooter’s Coffee’s success is simple: stay committed to the original business principles and company core values. The Scooter’s Coffee Brand Promise, often recited to franchisees, customers and employees is: “Amazing People, Amazing Drinks… Amazingly Fast! ®” It represents the company’s business origins from 1998 and reflects a steady commitment to providing an unforgettable experience to loyal and new customers.
With over 300 stores operating across 18 states and commitments to open stores in 24 states, Scooter’s Coffee is at the dawn of a strategic growth phase in the Midwest and nationwide. The U.S. coffee market is an estimated $48 billion a year recession-resistant industry, and Scooter’s Coffee is striving to become the #1 drive-thru coffee franchise in the nation. Visit ownascooters.com to learn more about the benefits of owning a franchise with a well-established and fast-growing brand.
About Entrepreneur Magazine
Entrepreneur Magazine is a national business publication based in Irvine, California. For nearly 40 years, Entrepreneur has been the definitive guide to all the diverse challenges of business ownership.
Published 12 times a year, the magazine is available by subscription and on newsstands in the United States and Canada, both in print and now a mobile app.
SOURCE Scooter’s Coffee
Add to Request List
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances