NEWS ARCHIVE
17th December 2004 - RE/MAX named No. 10 among all franchises
International Contact: Margaret Kelly 303-770-5531
RE/MAX AMONG THE “TOP TEN” IN 2005 ENTREPRENEUR FRANCHISE 500®
(Greenwood Village, Colo., Dec. 17, 2004) – The 26th Annual Franchise 500® survey of Entrepreneur magazine (January 2005) names global real estate franchisor, RE/MAX International as No. 10 among all franchises – a nine position climb from the No. 19 slot last year.
The report places RE/MAX as No. 1 in the real estate franchise category – a position it has captured five of the last six years. Again this year, RE/MAX ranked as the top real estate franchise in the “Low-Cost Franchises” category and as No. 4 compared to all franchises.
Top positions in the survey this year again are Subway at No. 1 and Curves Fitness Centers at No. 2. Among the Top 10, RE/MAX had the most dramatic rise in rankings.
“Certainly, we look forward to this study every year,” said Margaret Kelly, RE/MAX co-chief executive officer. “Our entire membership is flattered when a publication such as Entrepreneur magazine independently identifies leaders in their industries and especially when RE/MAX is listed among the very best franchises in the world. It is one of the highest compliments for each of our affiliates.”
Entrepreneur has polished and perfected the ranking procedure over the past 26 years, and developed a top-secret formula for identifying the top franchise opportunities on the market. Among the most important factors considered in ranking franchises are financial strength and stability, growth rate and the size of the system. Number of years in business, length of time franchising and other factors are also key factors.