Color Glo International® Named One Of The Top Franchises of 2022 By Entrepreneur Magazine’s Franchise 500® Ranking
Minneapolis, MN Color Glo International was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2022 Franchise 500® ranks Color Glo International as 370 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 43-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.
“Every year we take extraordinary pride in celebrating the companies that are honored in our Franchise 500® list and the 2022 list was no exception. The past year has been unlike any in recent memory and the franchise systems who made the 2022 Franchise 500® earned their place by not only teaching us something about franchising but about entrepreneurship.”
Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Color Glo International’s position on the ranking is a testament to its strength as a franchise opportunity.
To view CGI in the full ranking, visit www.entrepreneur.com/franchises/500/2022/8. Results can also be seen in the January/February 2022 issue of Entrepreneur, available on newsstands on January 11th.
About Color Glo International
Color Glo International is the World Leader in the restoration and repair of leather, vinyl, velour, cloth, and hard plastics commonly found in the markets of Automotive, Aircraft, Marine, and Furniture. Formally incorporated in 1975 Color Glo began franchising in 1982. Today in hundreds of markets throughout the world. Color Glo products are proven every day to offer the correct results and best value every time they are put to the test.
Contact
Mandi Brandon
mandi@colorglo.com