Subway is Top Franchise of Year...AgainSubway is Top Franchise of Year...Again
December 22, 2009
IRVINE, Calif.Entrepreneur magazine released results of its 31st annual Franchise 500. Subway topped the list for the ninth time in 10 years. Rounding out the top five were McDonald's, 7-Eleven, Hampton Inn and Supercuts.
A total of 21 sandwich shops made the list this year and, overall, the top-performing franchises were those that didnt cost a lot to set up and/or catered to budget-minded consumers.
"What we've been recognizing for some time is now getting widespread recognition: that the recession is adding momentum to the pursuit of entrepreneurship and self-employment. For the growing numbers seeking business ownership opportunities, franchising can offer advantages like having established products or services; marketing, start-up and management assistance; proven systems and business models; and brand name recognition," said Amy Cosper, vice president and editor-in-chief at Entrepreneur.
Click here to see the complete list.
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