American Freight Ranked Among the Top Franchises in Entrepreneur's Highly Competitive Franchise 500®
American Freight Furniture, Mattress and Appliance, a leading national retailer offering in-store and online access to furniture, mattresses and appliances at discount prices, was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s most comprehensive franchise ranking. American Freight was ranked No. 492 for its outstanding performance since launching its easy-to-build, quick-to-open and highly scalable franchise model in 2021.
“We’re honored to be recognized in Entrepreneur’s most highly sought-after ranking,” said Terry McGee, Vice President of Franchise Development at American Freight. “As a fairly new opportunity on the block, this is a testament to our franchise program’s traction and appeal. After awarding dozens of territories and growing our franchise development team in 2022, we look forward to building on the momentum we’ve created.”
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. American Freight’s position on the ranking is a testament to its strength as a franchise opportunity.
To view American Freight in the full ranking, visit entrepreneur.com/franchise500. Results can also be seen in the January/February 2023 issue of Entrepreneur, available on newsstands January 17th. For more information or to inquire about franchising with American Freight, visit OwnAmericanFreight.com.
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