LANSING, Mich., USA – BIGGBY COFFEE, the high-energy coffee franchise with 385 units nationwide, has secured a spot on Entrepreneur’s 2024 Franchise 500. The ranking is highly competitive, serving as a primary resource for franchisees to research opportunities and franchisors to celebrate their successes. Ranked No. 243 this year, BIGGBY COFFEE has climbed 29 spots from its 2023 ranking of No. 272.
The Franchise 500 is a comprehensive list of the top franchises in the industry, built by the team at Entrepreneur after the careful consideration of franchisors’ responses to a thorough questionnaire and their current Franchise Disclosure Document. The team focuses on four primary factors: costs and fees, size and growth, support, and brand strength.
The 45th annual Franchise 500 was the most competitive one yet, with 1,389 franchisors submitting the required information.
“As a brand, BIGGBY COFFEE has long emphasized a focus on its people and culture” says the company. “As it chases the 500-unit mark, the brand has been growing spectacularly; last year, the brand opened 48 new locations, awarded 88 franchises and had over 150 more in some stage of development. About one-third of BIGGBY COFFEE’s new franchise agreements came from existing franchise owners — a strong indicator of system health.”
Through partnerships with passionate local entrepreneurs, BIGGBY COFFEE is bringing its culture of love to communities nationwide.
It has awarded franchises in Michigan, Indiana, Wisconsin, Ohio, Illinois, Kentucky, Florida and Georgia. This year, it is looking to grow its presence in Tennessee, Georgia, North Carolina, Virginia, Idaho and Illinois, leveraging momentum built by flagship locations opened in these states.
“With happy franchise owners, a growing base of loyal fans and healthy growth, BIGGBY COFFEE is capturing the attention of industry professionals like those at Entrepreneur, strengthening its reputation as it continues to pursue its next growth milestone and bring its bright, non-traditional model to more communities,” concludes the company.
