With the search for a buyer stretching into the second half of 2023, Subway announced a slew of executive moves this week, including the appoi…
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Nine of the 10 real estate brands ranked on the recently released Franchise Times Top 500 recorded sales growth, marking a strong, and in some…
In a category that encompasses staffing companies, insurance agencies, IT solutions and more, business services franchises on the Franchise Ti…
With 30 brands under its umbrella, Neighborly is the undisputed No. 1 franchisor in the home services space. CEO Mike Bidwell says the strategy to create a collection of brands that serve the same customer base is the driving reason for their strong performance on these year's Franchise Times Top 500. "It's crazy times," he said about heading into 2023.
No. 1 McDonald’s posted $112.5 billion in system sales in 2021, up an impressive 20.6 percent from the year before, and retained first place o…
Plato’s Closet—a subsidiary of Minneapolis-based Winmark Corp.—grew systemwide sales by $150 million in 2021, to $594.4 million, to come in at No. 146 on the Top 500 list. The brand’s 33.8 percent growth came with the addition of just four stores to the system in 2021.
While it didn’t duplicate its remarkable 2020 performance, when systemwide sales rose 21.2 percent—nearly a billion dollars—to $5.68 billion, Sonic Drive-In grew sales another 2.7 percent last year, to $5.8 billion from 3,503 locations. It’s the fourth largest QSR burger chain on the Franchise Times Top 500.
With more than 70 cafes stateside, 1,631 worldwide and $697 million in system sales in 2021, Tous les Jours debuts on the Franchise Times Top 500 this year at No. 122.
It was a rebound year for hundreds of franchises in 2021 as pandemic restrictions eased and consumers started spending. Find out where the biggest brands in franchising landed on this exclusive ranking.
Research showing the modern pet owner treats their dog more like their child bodes well for concepts like Dogtopia. The brand posted $114 million in systemwide sales last year, an increase of 100.5 percent from 2020’s $57 million. Dogtopia’s pre-pandemic 2019 sales were $65 million.