The automotive service franchise took the #161 spot.
Entrepreneur magazine released its annual Franchise 500 list and Grease Monkey landed a coveted, ranking at #161. For more than four decades, Entrepreneur has been releasing yearly franchise reports from extensive research that rank the top 500 brands for the upcoming year. Over 1,000 brands apply to make this list each year.
The research that Entrepreneur does to narrow down the top 500 includes the cost & fees, size & growth, support, brand strength and financial strength & stability of franchise brands that apply. Having these qualifications is a key to landing on the top 500 list and 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 make the cut.
For a full list of the Franchise 500 rankings, click here.