Cinnaholic Ranks On Entrepreneur Magazine’s 42nd Annual Franchise 500® List
February 09, 2021 // Franchising.com // ATLANTA - Cinnaholic announced today that it has been named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking.
The recognition received by Cinnaholic highlights the successful expansion made by the company in 2020. The brand had several openings last year, which brings Cinnaholic’s total number of locations to 50 in communities across the United States.
“It’s such an honor to be recognized by Entrepreneur with this ranking,” said Spencer Reid, president of Cinnaholic. "We are excited to build upon our momentum from this past year in 2021 by continuing to grow in new markets, creating lasting partnerships, or supporting existing ones with our current franchise owners. We feel very optimistic as this new year begins.”
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.
“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.”
A cinnamon roll experience unlike any other, customers can choose from a variety of Cinnaholic’s signature frosting flavors and toppings to create their very own, mouthwatering cinnamon roll experience. Customers can expect nothing less than the highest quality ingredients, as the plant-based bakery franchise was founded upon a commitment that all ingredients are free of dairy, lactose, eggs and cholesterol. The bakery also serves made-from-scratch brownies, cookies and baby bun desserts. Additionally, hot and cold brew coffee will be served. Cinnamon rolls, bite-sized baby buns and chocolate chip cookies are just a few items available on the catering menu.
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