Kolache Factory Ranked A Top Franchise In Entrepreneur’s Highly Competitive 42nd Annual Franchise 500
KATY, Texas – (January 19, 2021) – 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, making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500recognized Kolache Factory for its outstanding performance in areas including unit growth, financial strength, stability, and brand power.
“We appreciate being recognized by Franchise 500 for our strong brand and our sound business model, especially during a global pandemic that brought challenges and uncertainty,” said COO Dawn Nielsen. “We work hard to offer our customers a safe and clean place to buy delicious and unique handmade pastries. And we offer our franchisees the support they need to meet the constantly changing government and safety guidelines and be financially successful and a valued part of their local communities. It’s why Kolache Factory experienced growth even during a pandemic.”
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 42 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 ranking is a testament to its strength as a franchise opportunity.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” says Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
To view Kolache Factory in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur, available on newsstands January 26.
About the Kolache Factory
Kolache Factory was founded in 1982 in Houston, Texas, by John and Jerri Banks, who identified a need for a fresh, high-quality breakfast that could be eaten “on the run.” The Bankses encouraged consumers to try the high-quality, fresh pastries filled with fruits, meat, and cheeses, and soon they were in high demand for business meetings, family breakfasts, on-the-go lunches, and afternoon snacks. Kolache Factory has been recognized as one of the Top 5 Drive-Thrus in America by Food Network, one of the fastest-growing companies in Houston, and one of the top 50 foodservice bakeries in the United States by Modern Baking magazine. In addition, Franchise Times magazine named Kolache Factory one of the 300 biggest brands in franchising by worldwide sales in 2017. Kolache Factory is privately owned and operated and headquartered in Katy, Texas. For more information, please visit www.kolachefactory.com.
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