Lake City, Florida (January 11, 2023) – Ellianos Coffee was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 44th annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2023 Franchise 500® ranks Ellianos Coffee for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor-in-chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including 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.
Ellianos Coffee’s President and Founder Scott Stewart commented on the ranking, “We’re honored to once again be ranked on Entrepreneur’s Franchise 500 list. Our team has worked extremely hard on all fronts to ensure our franchisees are well taken care of, trust our brand, and enjoy every step of the franchising process. We’re looking forward to continued growth in the future.”
Over its 44 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Ellianos’ position on the ranking is a testament to its strength as a franchise opportunity.
To view Ellianos Coffee in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2023 issue of Entrepreneur, available on newsstands January 17th.
About Ellianos Coffee
Ellianos was founded in 2002 with the mission to serve ‘Italian Quality at America’s Pace®.’ Founders Scott and Pam Stewart have continued their dedicated work of expanding the franchise while making everyone feel like part of the family. The franchise is experiencing exponential growth but remains true to its core values and mission. There are currently 30 operating store locations, with over 100 more locations in some stage of development.
In 2022, the Franchise Business Review (FBR) named Ellianos a Top Franchise, following its 2021 recognition as a Top Food Franchise. Entrepreneur Magazine also named Ellianos on its Top Food Franchise list in 2021. If you would like to learn more about Ellianos Coffee franchising opportunities, please visit www.ellianos.com/franchising/.