Goodcents Ranks on Franchise Times Top 500
October 12, 2022 // Franchising.com // DE SOTO, Kan. - Goodcents ranked on the Franchise Times Top 500 List for the first time in the company’s history.
“It’s a privilege to be ranked among the best companies in the country,” said Goodcents CEO Farrellynn Wolf. “Our locations continue to expand and thrive, even in challenging times. I think that’s largely due to our commitment to our guests and the communities where we operate. We support our local communities and they are loyal to us.”
The Franchise Times Top 500 is an annual ranking of the 500 largest franchise systems in the United States by global systemwide sales, based on the previous year’s performance. Data is culled from voluntary reports and public filings including the companies’ most recent Franchise Disclosure Documents (FDD). Last year, Goodcents reported a record $45 million in global sales, which reflected a sales growth of nearly 20%.
Earlier this year, Goodcents reported a record annual unit volume (AUV) for a second consecutive year. The AUV for 2021 was $723,559, up 20.4% from 2020, which also was a record year, according to Goodcents’ annual franchise disclosure document. Although the year isn’t over, the company is on track to record another record this year.
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