TL;DR
The Driveway Company was ranked 62nd in Entrepreneur's 2022 Top New and Emerging Franchises list, recognized for its growth and strength in the franchise market. The ranking is based on information submitted to Entrepreneur for its annual Franchise 500, including unit growth and financial stability.
The Driveway Company was recently ranked 62nd in Entrepreneur’s 2022 Top New and Emerging Franchises list, with the brand recognized for its growth, stability, and strength in the franchise market.
“This ranking is an honor and a credit to The Driveway Company’s hard-work and determination to provide high-quality results and exemplary customer service,” said Courtney Harmon, president of The Driveway Company. “This would not have been possible without the dedication and support from the franchisees and the communities they serve. We are excited about the continued growth and opportunities ahead.”
Entrepreneur’s Top New and Emerging Franchises is determined by information submitted to Entrepreneur for its annual Franchise 500®. This ranking is aimed to help understand and evaluate the growing and ever-changing franchise market. To qualify for ranking the companies must offer a franchise model for five years or fewer and provide information on unit growth, start-up costs and fees, training and support, the parent company’s financial stability, and brand strength to be critically assessed.
“Entrepreneur’s Top New and Emerging List not only highlights some of the hottest companies in the franchise business, but underscores that creativity and innovation are alive and well in 2022,” said Entrepreneur Senior Vice President of Franchising Liane Caruso. “Each year approximately 300 brands begin franchising their concepts, showcasing the incredible diversity, opportunity, and accessibility that exists for today’s entrepreneur.”
In this story
This story was originally published in Franchising.com on April 21, 2022. Burnaze summarizes and links to the original reporting.
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