Pearle Vision Recently Received a Ranking of #37 in the Entrepreneur Franchise Ranking and #1 Rank in Pearle Vision’s Category
(PRESS RELEASE) Entrepreneur’s Franchise 500 is the world’s first and most comprehensive franchise ranking. Pearle Vision was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500, the world’s first and most comprehensive franchise ranking. For 45 years, the annual Entrepreneur Franchise 500 has been a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees. The 2024 Franchise 500 ranks Pearle Vision as #37 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then 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 ranked order.
Over its 45 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Pearle Vision’s position on the ranking is a testament to its strength as a franchise opportunity. To view Pearle Vision’s full ranking, visit http://www.entrepreneur.com/franchise500.