• Home:
• News:
• AlphaGraphics:

AlphaGraphics makes Franchise Business Review’s list for 2024

By: AlphaGraphics |  0 Shares     59 Reads

September 04, 2024 // Franchising.com // DENVER – AlphaGraphics has been listed as one of the Most Profitable Franchises by Franchise Business Review (FBR) in its 2024 report.

“It is a tremendous honor to be named to FBR’s list of the most profitable franchises,” said Bill McPherson, vice president of retail network development. “AlphaGraphics prides itself on our relationship with our franchise owners. We put a great deal of effort into providing our franchise owners with the tools they need in order to achieve their goals while still offering an enjoyable culture, atmosphere and franchise community. By focusing on finding franchise owners who flourish in this culture, we ensure that the whole organization thrives.”

FBR analyzed 385 franchise brands representing nearly 38,000 franchise owners to identify the most profitable franchise opportunities. Franchise owners were asked 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including leadership, financial opportunity, training, marketing support, operational support, and franchise culture.

“Overall, franchisee income numbers are down slightly, by 5% from last year,” said Eric Stites, founder and CEO of Franchise Business Review. “This is not surprising given inflation and labor increases. However, larger, multi-unit franchises are faring better this year, with reported incomes up by about 5%. It’s important to remember the income franchise owners can earn over time as they build equity in their businesses—to look at the whole investment and the long-term value of a business. Much of the wealth that business owners ultimately realize comes from long-term equity, which they cash out when they sell the business.”

SOURCE AlphaGraphics

###