Duck Donuts® Ranked Recognized in Entrepreneur Magazine’s Franchise 500®
January 17, 2024 // Franchising.com // MECHANICBURG, PA - Duck Donuts was recognized in Entrepreneur’s Franchise 500®. The 2024 Franchise 500® ranks Duck Donuts as 445 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“This achievement is a testament to the power of franchising, dedication of our passionate franchise partners and support from loyal guests” said Betsy Hamm, Duck Donuts CEO. “Duck Donuts is about sprinkling happiness through our warm donuts, and it is evident our franchise partners are delivering on this promise throughout the communities we serve.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then 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 ranked order.
“Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people,” says Jason Feifer, editor in chief of Entrepreneur magazine.”
SOURCE Duck Donuts
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