Penn Station Lands a Spot on Entrepreneur Magazine’s 41st Annual Franchise 500 Ranking

Entrepreneur magazine released its annual Franchise 500 list, and Penn Station landed the 271st spot. For more than four decades, Entrepreneur has been releasing yearly franchise reports from extensive research that rank the top 500 for the upcoming year. Over 1,000 brands apply to make this list each year, and after much research, Penn Station landed a spot on the coveted list.

Entrepreneur compiles its annual Franchise 500 ranking by researching the cost & fees, size & growth, support, brand strength and financial strength & stability of the brands who apply for a spot. Each franchise is then given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores create the list.