TL;DR
HTeaO was ranked No. 137 on Entrepreneur's list of Fastest-Growing Franchises, recognizing the brand's growth in the iced tea industry. The ranking is based on net U.S. and Canada franchise unit growth from July 31, 2021 to July 31, 2022.
HTeaO, the fresh-brewed ice tea franchise, has been ranked as one of the Fastest-Growing Franchises in the March/April issue of Entrepreneur magazine and Entrepreneur online. The tea brand was ranked No. 137.
“To have our brand listed along some of the largest franchises in America just shows how much larger our footprint on the iced tea industry has grown,” said Andrew Hawes, Chief Development Officer of HTeaO.
The Fastest-Growing Franchises ranking is based on information submitted to Entrepreneur for its annual Franchise 500® and is part of the brand’s continuing effort to best understand and evaluate the ever-changing franchise marketplace. Franchise companies are ranked based on their net U.S. and Canada franchise unit growth from July 31, 2021 to July 31, 2022. (Ties are broken based on percentage growth.)
In this story
This story was originally published in Franchising.com on June 9, 2023. Burnaze summarizes and links to the original reporting.
Read the full story at Franchising.comLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.