Code Ninjas Ranked on Entrepreneur’s 2023 Franchise 500® List
January 12, 2023 // Franchising.com // Houston, Texas - Code Ninjas was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®. The 2023 Franchise 500® ranks Code Ninjas as #316 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including 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.
“We are humbled and also encouraged by this recognition,” explained Justin Nihiser, CEO of Code Ninjas. “To receive this ranking alongside other major brands is a proven testament to our commitment to franchising. We are so proud of the contributions we were able to make to the franchising industry in 2022.”
SOURCE Code Ninjas®
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