Re/Max LLC has been ranked by Entrepreneur magazine as No. 5 on its annual “Franchise 500” list of the nation’s top franchise companies.
1,023 franchisor companies were submitted for Entrepreneur’s 39th annual ranking, released today.
Re/Max LLC, the franchise arm of Denver-based Re/Max Holdings Inc. (NYSE: RMAX), has been franchising since 1975.
See the slideshow below for other Colorado companies that made the top 350 on the list. (The companies are not identified by state, so email firstname.lastname@example.org if we missed any.)
Entrepreneur said it ranked U.S. and Canadian companies based on several factors, including costs and fees for franchisees; size, growth and closures; support to franchisees, including financing and marketing; brand strength; and financial strength and stability.
Companies were asked to fill out an information form and submit a copy of their current U.S. Franchise Disclosure Document or Canadian Disclosure Document.
“If you’re interested in buying a franchise, you’ve got more options than ever, from the established industries still dominating the top of the rankings, like restaurants, hair care, and real estate, to emerging trends quickly climbing their way up, like smartphone repairs, trampoline parks, and paint-and-sip studios,” the magazine said.
> CLICK HERE for the full 2018 Franchise 500 list.
Ranked by Number of units companywide as of Feb. 1, 2017
Rank Business name Number of units companywide as of Feb. 1, 2017 1 RE/MAX LLC 7,395 2 Watermill Express LLC 1,299 3 PostNet International Franchise Corp. 659 View This List