Here are the top-ranked 2018 companies who have started franchising in the past five years:
2. Velofix Group of Companies
3. Fyzical Therapy and Balance Centers
4. The Flying Locksmiths
5. Amazing Lash Studio
Fyzical Therapy and Balance centers ranks 117th in the #Franchise 500, eighth among healthcare #franchises. It offers exactly what you would expect: physical therapy, balance retraining and fall prevention, as well as other rehabilitation and fitness programs. Since the company started franchising in 2013, it has grown dramatically each year, adding 11 franchises in its first year, then 28 units in its second and a full 100 in its third year. At the start of 2018, there were 269 units across the U.S.
Velofix is a mobile bike shop that offers bicycle sales or repairs at home. The company, which ranks No. 106 on the Entrepreneur Franchise 500, was only founded in 2012. It started franchising in 2013, but by the start of 2017, it had already grown to 110 franchises, including 26 international locations.
uBreakiFix was founded in 2009, just a couple of years after the first iPhones hit the market. The No. 18 business on the Franchise 500 list, which offers mail-in and walk-in repairs of electronics, has capitalized on the explosion of smartphones, growing to over 300 locations by the start of the 2017.
And while you’ll see powerful brands like McDonald’s or 7-Eleven top our list, there are also some standout, younger franchises that deserve credit, too. Here are the top-ranked companies who have started franchising in the past five years. (To see every company that made the list, head over to our new franchise list here.)
Each year, Entrepreneur comes out with its Franchise 500, breaking down 500 excelling companies that could become great investments. To separate the best of the best, we analyze more than 150 data points, from cost to size to brand strength and more.