Batteries Plus Named to Entrepreneur’s Franchise 500 Hall of Fame

By: Batteries Plus | 0 Shares 161 Reads

March 08, 2023 // Franchising.com // HARTLAND, Wis. - Batteries Plus was named to Entrepreneur’s first-ever Franchise 500 Hall of Fame list, published in the March/April 2023 issue of Entrepreneur magazine. This prestigious list honors the elite franchise brands that have ranked in Entrepreneur’s Franchise 500 ranking for 25 or more years consecutively. Batteries Plus earned its place in the Hall of Fame by ranking in every Franchise 500 for the last 29 years.

“We’re extremely honored and proud of all the work our dedicated leaders, franchisees and employees have put in to grow our franchise into what it is today,” said Jon Sica, Chief Business Officer for Batteries Plus.

Entrepreneur’s Franchise 500 has been evaluating and ranking franchise opportunities for 44 years. The company’s proprietary ranking formula analyzes brands based on more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. The ranking grows more competitive each year and only 49 franchise brands have managed to rank every year for the last 25 years or more, and thus earn a spot in the 2023 Hall of Fame.

“We’re honoring these A-list brands who have shown through and through their commitment to growth, to their franchisees, and to their communities,” said Entrepreneur Senior Vice President of Franchising Liane Caruso. “Ranking in the Franchise 500 is highly competitive, and achieving that distinction year after year is quite an accomplishment. We’re thrilled to recognize so many brands who have thrived over the years!”

SOURCE Batteries Plus

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