9Round Ranked By Franchise Times Among Top Three Smartest-Growing Franchises In 2019
Jan 14, 2019 09:56AM
By Kathleen Maris
Greenville-based 9Round Franchising, LCC was recently ranked third out of 40 franchises included on Franchise Times magazine’s Fast & Serious list for 2019. This is the second consecutive year 9Round has been included on this list.
Franchise Times magazine’s Fast & Serious list ranks the 40 smartest-growing franchise brands over a three-year period. 9Round, which has experienced rapid growth during its 10 years of operation, has been able to increase company sales by 332 percent and locations by 106 percent over the last three years.
“We are pleased to be recognized once again as a smartest-growing franchise and to be in the presence of so many other great franchise brands that made this exclusive list,“ said Shannon Hudson, founder and CEO of 9Round. “When we started 9Round, our ultimate motivation was having no ‘Plan B’ to fall back on. This kept us all laser-focused on cultivating and enhancing the brand, and the growth we have experienced over the years lends support to the success of these efforts.”
Franchise Times developed the Fast & Serious List using a 10-point formula, which analyzed growth per franchise in percentage sales, percentage units, dollar sales and numerical units from over the past three years. The Franchise Times Top 200+, an annual ranking published in October of the largest franchise systems by revenue, is used as a database for the determining the Fast & Serious rankings.