Pet Wants Ranked in Entrepreneur's 42nd Annual Franchise 500®

CINCINNATI (PRWEB) January 28, 2021 - Pet Wants recently ranked in Entrepreneur magazine’s Franchise 500®. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry making it one of the company’s most competitive rankings ever.

Pet Wants is listed at 490 after a year that included impressive franchise growth and record-breaking sales. Pet Wants, which is part of the Strategic Franchising Family, added 22 new locations in 2020.

“We are honored to have Pet Wants on this prestigious list,” said Chris Seman, Strategic Franchising President. “There is no better time to invest in the growing pet care industry and we are so excited for this brand’s future.”

Pet Wants was able to capitalize on a surge in pet adoptions during the pandemic increasing year-over-year sales by 25 percent!

“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” says Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. 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.