FOR IMMEDIATE RELEASE
Contact: Deana Van Doren
Destination Athlete®
[email protected]
866-ATHLETE
DESTINATION ATHLETE®RANKED A TOP FRANCHISE IN ENTREPRENEUR’S HIGHLY COMPETITIVE
40TH ANNUAL FRANCHISE 500®
CLINTON, New Jersey – DESTINATION ATHLETE®recently ranked in Entrepreneur magazine’s Franchise 500®the world’s first, best and most comprehensive franchise ranking. 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. Recognized as an invaluable resource for potential franchisees, the Franchise 500®ranks DESTINATION ATHLETE®as #216 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“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,” says 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.”
The key factors that go into the evaluation include 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.
“Once again, we are very proud to have been selected among the world’s top franchises. This is our fourth year in a row ranked in the Top 500 and the third year that our ranking has increased. This invaluable exposure has helped us to attract only the finest and most dedicated franchisees”, says Destination Athlete® Founder and Chairman, Doug Dickison.
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Destination Athlete’sposition on the ranking is a testament to its strength as a franchise opportunity.
To view Destination Athlete®in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15th.
Destination Athlete® is an innovative company that focuses on the Complete Athlete®. As the nation’s most athlete focused team dealer, our goal is to help youth and high school athletes get to their personal destination by providing a one-stop resource for all of your needs: sports and field equipment, uniforms, spirit wear, varsity jackets, fundraising solutions and more. For more information, visit www.DestinationAthlete.com or call 866-ATHLETE.
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