Kolache Factory Ranked a Top Franchise in Entrepreneur’s 40th Annual Franchise 500
KATY, Texas – (JANUARY 17, 2019) – Kolache Factory, a unique national pastry chain based in Katy, Texas, recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500 is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever.
Recognized as an invaluable resource for potential franchisees, the Franchise 500 ranks Kolache Factory as #236 — up 180 spots from 2018 — for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“We are thrilled with our Franchise 500 ranking this year!” said COO Dawn Nielsen. “We consistently move up in the rankings, which is a testament to the commitment we have to our franchisees and our loyal customers, coast to coast. We focus on building an authentic brand, offering a unique high-quality product, and providing a level of support to entrepreneurs that makes owning a Kolache Factory a great way to secure your financial future.”
The key factors that go into the evaluation of the Franchise 500 include 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. Over its 40 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Kolache Factory’s position on the ranking is a testament to its strength as a franchise opportunity.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, Editor in Chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
To view Kolache Factory in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15.