TL;DR
Metal Supermarkets has been ranked on Entrepreneur Magazine's Franchise 500 list for the seventh consecutive year. The list is compiled based on factors such as costs and fees, size and growth, and financial strength and stability.
Metal Supermarkets announced today that it made Entrepreneur Magazine’s Franchise 500® list.
“We’re honored and proud to be recognized in the Franchise 500® list for the seventh straight year,” said Stephen Schober, President and CEO of Metal Supermarkets.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including costs and fees, size and growth, support, brand strength, and financial strength and stability. 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.
“The past year underscores the opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer.
In this story
This story was originally published in Franchising.com on February 8, 2023. Burnaze summarizes and links to the original reporting.
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