American Freight Named To Entrepreneur’s 2022 Top New and Emerging Franchises
May 13, 2022 // Franchising.com // DELAWARE, OHIO - American Freight Furniture, Mattress and Appliance, a leading national retailer offering in-store and online access to furniture, mattresses and appliances at discount prices, was recognized as one of the Top New and Emerging Franchises in 2022 in the April/May issue of Entrepreneur magazine. The ranking highlights the newest and hottest companies that have begun offering franchise opportunities since 2017. American Freight was ranked No. 50 out of 150 for remarkable success during its first franchising year and its easy-to-build, quick-to-open and highly scalable model.
“American Freight made a strong entrance and gained immediate traction in the franchise world,” said Will Powell, CEO of American Freight. “We ended 2021 with 17 new franchised stores in development. So far in 2022, we’ve signed deals for another 10 locations. We’re very satisfied with the growth we’ve seen thus far and look forward to building on the momentum we’ve created.”
The Top New and Emerging Franchises ranking is based on information submitted to Entrepreneur for its annual Franchise 500® and is part of the publication’s continuing effort to best understand and evaluate the ever-changing franchise marketplace. To qualify for inclusion on the 2022 list, companies featured have been offering a franchise model for five years or fewer and were assessed across multiple data points including unit growth, start-up costs and fees, training and support, the parent company’s financial stability, and brand strength.
“Entrepreneur’s Top New and Emerging List not only highlights some of the hottest companies in the franchise business, but underscores that creativity and innovation are alive and well in 2022,” said Entrepreneur Senior Vice President of Franchising Liane Caruso. “Each year approximately 300 brands begin franchising their concepts, showcasing the incredible diversity, opportunity, and accessibility that exists for today’s entrepreneur.”
To view American Freight Furniture, Mattress and Appliance in the full ranking, visit https://www.entrepreneur.com/franchises/topnew. Results are also featured in the April/May issue of Entrepreneur.
For more information or to inquire about franchising, visit OwnAmericanFreight.com.
About American Freight
American Freight, a subsidiary of Franchise Group Inc. (NASDAQ: FRG), offers affordable, high-quality furniture, mattresses and appliances through its direct-to-consumer, warehouse-style stores. With more than 5 million satisfied customers, American Freight has a strong legacy of helping customers save money since 1994. American Freight offers exceptional customer service and a one-stop-shop for quality furniture, mattresses and appliances at everyday low prices. The company has over 360 U.S. locations in 40 states and Puerto Rico. For more information, visit AmericanFreight.com.
SOURCE American Freight
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