Pro Image Sports is proud to announce they have recently been named to Entrepreneur Magazine’s 2014 Franchise 500 listing. Published annually in Entrepreneur’s January issue, the Franchise 500 is a collection of the most prestigious franchises in the country. Pro Image Sports is honored to be included in this year’s nominees.
Entrepreneur’s explanation of the qualifications necessary for inclusion states, “All companies, regardless of size, are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. We also consider the number of years a company has been in business and the length of time it has been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing.”
Pro Image Sports’ inclusion has come as a result of some distinguishing qualities: their tremendous growth in number of open stores (a 36% increase from 2011-2013 pushing the franchise over 100 stores in operation); sustained long-term excellence nearing 30 years in franchising; the lack of a single act of litigation against the franchisor; the strong profitability; low number of terminations; and one of the lowest royalty fees in franchising at 4%.
The Pro Image Sports team continues to press forward to climb the ranking of the Franchise 500 list in 2015. To view a complete list of the rankings click this link http://www.entrepreneur.com/franchises/rankings/franchise500-115608/2014,-1.html.
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