Entrepreneur Magazine Releases 40th Annual Franchise 500® List
Five Brands of United Franchise Group Selected
WEST PALM BEACH, FL - February 06, 2019 /24-7PressRelease/ - After three decades of franchising, United Franchise Group's (UFG) brands continue to gain national recognition, from the oldest brands to the newest, as five of its brands were recently ranked in Entrepreneur Magazine's Franchise 500® list. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company's most competitive rankings ever.
Named to the prestigious list were Transworld Business Advisors, selected No. 1 in the "Business Brokerages" category; Signarama®, a premier provider of sign products and services; Venture X®, a company reinventing the way people work by offering modern, co-working office spaces; Fully Promoted, a provider of custom apparel and promotional products; and Experimax®, a franchise that specializes in the sale and service of multiple certified pre-owned Apple® products.
To be among the ranking franchises is an extremely valuable resource for potential franchisees, as companies included in the Franchise 500® ranks are distinguished for outstanding performance in unit growth, costs and fees, financial strength and stability, and brand power.
Each franchise was given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores were ranked in order. The rankings of the UFG brands were Experimax at 170; Signarama at 212; Transworld Business Advisors at 257; Fully Promoted at 480; and Venture X at 499.
"To have five of our brands ranked in Entrepreneur's Franchise 500® list is a tremendous accomplishment, and for Venture X to have made the list after opening its first domestic franchised location only a year ago shows the value and popularity of that brand," said Ray Titus, CEO of UFG. "From newer brands, like Venture X, to brands that are three decades old, like Signarama, being named to the Franchise 500® is a significant milestone. We are proud to continue our tradition of offering franchisees excellent opportunities for growth and success."
"As we celebrate 40 years of producing the Franchise 500®, it's a good opportunity to step back and look at how much has changed since that first ranking in 1980," said Jason Feifer, editor in chief of Entrepreneur. "While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology."
Over four decades, the Franchise 500® has become a dominant competitive measure for franchisors and a primary research tool for potential franchises. UFG brands earned recognition is a testament to the collective strength of those brands as prime franchise opportunities.
To view a complete ranking of the Franchise 500® list, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February issue of Entrepreneur Magazine on newsstands now.
About United Franchise Group
Led by CEO Ray Titus, United Franchise Group is home to a variety of internationally recognized brands including Signarama, Fully Promoted, Experimax, Jon Smith Subs, Network Lead Exchange, Venture X, SuperGreen Solutions, Transworld Business Advisors, Accurate Franchising, and The Great Greek Mediterranean Grill. With more than three decades in the franchising industry, and 1,600 franchisees in 80 countries throughout the world, United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.
Experimax, formally Experimac, specializes in the sale of certified pre-owned Apple® products. Your local Experimax store can also repair, upgrade or buy your current device, and no appointment is necessary. The brand offers a one-year guarantee, which takes the risk out of buying pre-owned. Experimax was founded by Jim Muir in 2009, and began franchising as one of United Franchise Group's affiliated companies and brands in 2014. Today, there are more than 100 locations across the globe. Experimax stores can be found in Australia, Mexico, Chile, South Africa, France, Nigeria, Canada, Uruguay, and Ireland. For more information, visit www.experimax.com.
Signarama, the world's largest sign franchise, offers branding and messaging solutions in addition to comprehensive sign and graphic services to consumers and commercial customers – from business signs, vehicle wraps, and digital signs, to advertising and marketing services. Signarama is part of a successful group of affiliated companies and brands under the United Franchise Group (UFG). Signarama was recognized by Entrepreneur Magazine as part of the Franchise 500 list and a Top Global Franchise list in 2018. With over 800 locations in 60 countries, the company expects to have more than 1,500 locations worldwide by the end of 2020.
About Transworld Business Advisors
Led by CEO, Andy Cagnetta, Transworld Business Advisors is a member of United Franchise Group, a successful group of franchise systems with 1,600 franchisees in 80 countries. Formerly Transworld Business Brokers, the company has 40 years of brokerage experience, and represents acquisition-minded corporations and individuals interested in owning their own company, or in franchising. With more than 500 brokers in nearly 200 franchised offices worldwide, Transworld offers the professional services that successfully bring buyers and sellers together. From business brokerage to mergers and acquisitions, Transworld Business Advisors are business sale specialists. For more information on buying or selling, visit www.tworld.com.
About Fully Promoted
Fully Promoted has more than 300 locations across the globe and plans to have 400 by the end of 2019. Fully Promoted operates a full-service branded products and marketing services business and is the place to go to get customers. From promotional products and embroidery to expert printing services, we can help take your business to the next level. Most recently, Fully Promoted introduced an office-based model that will allow you to operate your business using a developed network of resources. To find the Fully Promoted nearest you, visit www.FullyPromoted.com.
About Venture X
Venture X is a shared workspace and community that is a blend of boutique hotel and modern office styles with a high level of design that feels professional and welcoming. We are designing beautiful spaces and developing an environment and community that people love coming to work to every day. Venture X is part of a successful group of affiliated companies and brands under the United Franchise Group (UFG) and has been recognized by Inc. as one of the best co-working spaces in the United States. The brand anticipates having 100 locations operational by the end of 2019. For more information about locations visit www.VentureX.com.
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SOURCE United Franchise Group