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The Habit Burger Grill Named in Entrepreneur’s Franchise 500® List for the Second Consecutive Year

By: The Habit Burger Grill |  3 Shares     312 Reads

Southern California-Born Burger Brand Claims #173 Spot on the Highly Competitive Ranking of Notable Franchises in North America

February 16, 2023 // Franchising.com // IRVINE, Calif. – The Habit Burger Grill was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 44th annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2023 Franchise 500® ranks The Habit at the #173 spot for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

“We are thrilled to be featured in the top-half of the Franchise 500 list for the second year in a row,” said John Phillips, Chief Global Business Partnerships Officer for The Habit. “With a franchise model that blends high-quality, handcrafted menu items with industry-leading technology, efficient operational practices and rigorous franchisee support, The Habit is an investment unlike any other in the burger franchise space. This acknowledgement is a great kick-off to 2023, and we look forward to parlaying this momentum into more achievements in the year ahead.”

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.

“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”

Over its 44 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. The Habit’s position on the ranking is a testament to its strength as a franchise opportunity.

To view The Habit Burger Grill in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2023 issue of Entrepreneur.

About The Habit Restaurants, Inc.

Born in Santa Barbara, California in 1969, The Habit Burger Grill is a burger-centric, fast-casual restaurant concept that specializes in preparing fresh, cooked-to-order chargrilled burgers and handcrafted sandwiches featuring grilled tenderloin steak, grilled chicken and sushi-grade ahi tuna cooked over an open flame. In addition, it features fresh handcrafted salads and an appealing selection of sides and shakes. The Habit Burger Grill was named the "best tasting burger in America" in July 2014 in a comprehensive survey conducted by one of America's leading consumer magazines, named in Thrillist’s list of “Underrated Burger Chains that Need to be in Every State!” and featured in Newsweek’s “America’s Favorite Restaurant Chains 2022.” The Habit Burger Grill has since grown to over 350 restaurants in 14 states throughout Arizona, California, Florida, Idaho, Maryland, Massachusetts, Nevada, New Jersey, North Carolina, Pennsylvania, South Carolina, Utah, Virginia and Washington as well as 12 international locations, five in China and seven in Cambodia. More information is available at www.habitburger.com.

SOURCE The Habit Restaurants, Inc.

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