We are proud to announce that Dogtopia is once again included in Entrepreneur Magazine’s Franchise 500® list for 2023. In the newly released ranking, Dogtopia has come in at #56 overall and #1 in the pet care category. This is the 44th year of Entrepreneur’s annual Franchise 500® list, and with a record-breaking number of applicants, we are honored to continue to be highly ranked.
Five main pillars are considered in the ranking of the annual Franchise 500® list, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each of these factors, which includes more than 150 data points that are analyzed, play a role in a franchise’s cumulative score, which corresponds to their ranking. Since 1969, his coveted list has been assisting prospective franchisees who are looking to invest in the world’s best.
“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”
You can find out more about Dogtopia’s ranking, along with the full 2023 Entrepreneur Franchise 500® list, here.