Franchise Gator today announced the release of its third annual Top 100 list which ranks the top 100 franchise systems currently expanding and considered to be the best buys for individuals looking to purchase a franchise. Franchise Gator published the rankings on its website with FASTSIGNS® topping the list at #1.
As the leading online franchise directory, Franchise Gator created the Top 100 ranking to help prospective franchisees identify and limit potential risks when searching for the right business to buy. The list ranks opportunities identified as having strong growth potential that are also affordable investments for the average franchise buyer.
“We know there are several other franchise ranking lists out there, but we have found that most of the top-ranked concepts on those lists either have little availability or require a multi-million dollar investment,” explained Franchise Gator General Manager, Eric Bell. “Our goal here is to identify opportunities for the everyday prospect who isn’t necessarily a candidate for purchasing a million dollar business.”
The rankings for the Top 100 list were generated through a review of Franchise Disclosure Documents and a formula developed with the help of Rick Bisio, author of the Educated Franchisee, using a list of criteria including:
· Financial stability and health
· Growth track record over a period of years
· Long-term sustainability of the franchise
· Franchisee profitability
· Transparency of key buyer information
· How strong the market is for a system’s goods and services
· Franchisee satisfaction
“The Franchise Gator Top 100 is a really helpful tool for prospective franchise buyers to discover opportunities they may not have otherwise heard about,” said Bell. “We believe this list can make franchise ownership possible for a larger number of individuals who might not have thought franchise ownership was possible before.”
About Franchise Gator
About Franchise Gator Franchise Gator, a unit of Landmark Interactive, a division of Dominion Enterprises, is the leading destination for those seeking to invest in a franchise opportunity. Since 2002 Franchise Gator and its network of sites have offered information on hundreds of business and franchise opportunities available in more than 100 industries. Franchise Gator provides franchisors with a quality, cost-effective mode of franchise marketing. For more information, please visit www.franchisegator.com.