Leading franchise industry resource provider Franchise Direct releases annual ranking
Cold Stone Creamery® is again among the ranks on the Top 100 Global Franchises list compiled by industry-leading resource provider Franchise Direct, landing this year at No. 88. The annual list looks at how the franchises in the world fared in the past year compared with the year before.
“What an honor to be included on this prestigious list of the Top 100 franchises in the world!” says John Wuycheck, Senior Vice President of Franchise Development. “We know that Cold Stone Creamery is an exceptional franchise opportunity, so we are pleased that such a prestigious industry leader as Franchise Direct chose to include us in their ranking.”
Franchise Direct compiles the Top 100 ranking using a methodology that examines multiple criteria, giving each a weighted value. Those include:
- System size based on number of units
- Sales revenue for the system
- Stability and growth
- Number of years in operation
- Market expansion
- Financial assistance to franchisees
- Presence of an environmental policy
- Corporate citizenship
Information was gathered from Franchise Disclosure Documents (FDDs), company-submitted data, government filings and published industry sources.
According to FranchiseDirect.com: “All of the Top 100 Global Franchises share the keys to business growth at any level including: a well-defined business identity, a clear business plan, a commitment to training and support, sensitivity to environmental issues, and the ability to innovate to keep pace with ever-changing social and economic conditions.
“Furthermore, they do all of these things in more than one country by acquiring the necessary cultural sensitivities. The Top 100 Global Franchises thus serve as models for early-stage franchises looking to expand, as well as those companies considering the benefits of the franchise business model.”
About Cold Stone Creamery Franchise
Cold Stone Creamery is the ultimate ice cream franchise. Since 1988, our brand has defined The Ultimate Ice Cream Experience®, capturing the hearts of millions of devoted customers in America and around the world. As an investment opportunity, Cold Stone remains a cut above the rest due to our significant brand recognition, exceptional training and ongoing support, and the ability to capture a sizable share of the dollars Americans spend on treats in the communities served. With more than 1,000 locations in the United States, Cold Stone Creamery is your chance to realize your full potential as a small business owner, where your community is waiting for you to help them create memories that will last a lifetime.