Hwy 55 Again Ranked an Entrepreneur Mag Top 500 Franchise
Posted on January 16, 2018
For the third consecutive year, Hwy 55 Burgers, Shakes & Fries is ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking.
Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the 2018 Franchise 500® places Hwy 55 as #383 for its exceptional performance in areas including financial strength and stability, growth rate, and brand power.
Hwy 55 Burgers, Shakes & Fries boasts a fresh, All-American diner experience with fresh, never-frozen burgers, premium sliced cheesesteaks piled high on steamed hoagies, and frozen custard made in-house every day. With its open-grill design, the kitchen’s dedication and care when handcrafting meals is front and center.
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order. Over 1,000 franchises applied for this prestigious ranking for the first time in over 25 years, making this perhaps Entrepreneur's most competitive ranking ever.
Over its 38 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Hwy 55’s position on the ranking reinforces its strength in the industry.
To view Hwy 55 in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February issue of Entrepreneur available now on newsstands.