HOODZ Franchise Makes Entrepreneur’s 2021 Franchise 500 List
Dynamic growth, along with best-in-class owner services, leads to a major accolade for exhaust cleaning franchise
Everything else may seem topsy-turvy these days, but you can always count on Entrepreneur to bring some stability. The publication has just rolled out its 42nd annual Franchise 500 list and the HOODZ exhaust cleaning franchise opportunity has scored a spot!
This means HOODZ is getting in front of thousands of men and women who are looking at becoming small business owners this year. Those entrepreneurs are doing their homework now and are starting with Entrepreneur’s ranking. It’s a smart play because there are a lot of variables to consider.
What goes into the Franchise 500’s ranking formula?
Entrepreneur’s Franchise 500 ranking holds so much value. This is because of all the factors it considers when looking at a brand. The magazine’s “Five Pillars” include: costs and fees, support, size and growth, brand strength, and financial strength and stability. The ranking process begins with data collection. Only franchisors with a minimum of 10 units open as of July 31, 2020, were eligible to enter.
For this 42nd annual ranking, all those factors were weighted alongside the incredible challenges that 2020 brought. And, the magazine reports, even in this difficult environment “many existing franchisors continued to grow (and evolve). New companies even continued to enter the franchise arena, resulting in a record-breaking number of applicants from an ever-wider variety of industries.”
HOODZ’ inclusion is validation of systems and processes
“We are delighted to continue trending on the Entrepreneur Franchise 500 list,” says Nathan Willard, President. “This is the gold standard of franchise rankings because Entrepreneur’s editorial review team goes way past a superficial skimming of performance numbers and really dives into the fundamentals of what a brand offers from training and support to R&D and concept longevity. We’re in, which means we’re ticking off all the boxes.”
“Getting ranked this year is especially meaningful given the events of 2020,” he added, noting that “our corporate team at BELFOR Franchise Group and the franchises themselves have never worked harder. They uncovered ways to partner so we could continue to provide training, launch new franchise owners into their communities, and provide outstanding service to the restaurants that relied on us to help them keep their doors open.”
Owning a successful restaurant hood cleaning business doesn’t have to break the bank. HOODZ is one of the most affordable franchise opportunities in the booming $838 billion restaurant industry. The total investment to begin operations for a new HOODZ franchise ranges from $62,561 to $179,840. Not only do we offer in-house financing for 50% of the franchise fee, but we also have third-party relationships to help you finance any additional business needs. We also proudly offer veterans who have interest in joining our franchise family a discount.