Scooter’s Coffee Ranked a Top Franchise in Entrepreneur’s Latest Franchise 500
Scooter’s Coffee (ownascooters.com), the Midwest-based coffee franchise that has experienced tremendous nationwide growth over the past year, is receiving recognition as one of the country’s premiere franchises in Entrepreneur magazine’s recently released Franchise 500. Scooter’s Coffee landed at #414 on the coveted list that ranks companies for outstanding performance in areas including unit growth, financial strength and stability, and brand power.
A dedication to “Amazing People, Amazing Drinks… Amazingly Fast!”™ helped propel Scooter’s Coffee into the highly sought-after honor. Entrepreneur received more than 1,000 applications. Over its 39 years in existence, the Franchise 500 has become both a dominant, competitive measure for franchisors and a primary research tool for potential franchisees. Scooter’s Coffee’s position on the ranking is a testament to its strength as a franchise opportunity.
“Since our inception 20 years ago, Scooter’s Coffee has always believed we had a great concept and product with considerable opportunity to build a meaningful and sustainable brand,” says Todd Graeve, CEO. “Our franchise owners consistently represent the best of what Scooter’s Coffee has to offer, and we cherish the great relationships and successes we have all enjoyed. It is extremely gratifying for Scooter’s Coffee to be recognized by such a distinguished publication like Entrepreneur.”
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and ability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order. To view Scooter’s Coffee in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February issue of Entrepreneur, available on newsstands now.
Scooter’s Coffee is at the dawn of a strategic growth phase in the Midwest and nationwide. The U.S. coffee market is an estimated $48 billion a year recession-resistant industry, and Scooter’s Coffee is striving to become the #1 drive-thru coffee franchise in the nation. Visit ownascooters.com to learn more about the benefits of owning a franchise of a well-established company.