RNR Tire Express Ranks In Entrepreneur’s Franchise 500®
January 23, 2023 // Franchising.com // TAMPA, FL. - RNR Tire Express was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®. The 2023 Franchise 500® ranks RNR at 170 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
Entrepreneur also announced 2023 as their inaugural Franchise 500 Hall of Fame feature, recognizing those that have ranked in the Franchise 500 a minimum of 25 consecutive years. The RNR team is honored to be earning mention in that feature this year. Not necessarily as a hall of famer, but as a member of the Consecutive Club, celebrating the 10+ consecutive years that their franchise has found itself on the list in franchising.
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. 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.
SOURCE RNR Tire Express
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