Family Financial Centers ranks No. 221 - Franchise Times Top 200+

Family Financial Centers ranks No. 221 on the newly published Franchise Times Top 200+, the exclusive list ranking the top 500 largest U.S.-based franchise systems by worldwide sales.
 
DOYLESTOWN, Pa. - Oct. 16, 2015 - PRLog -- NEWS

Family Financial Centers Announces Latest Rankings in Franchise Times

October 16, 2015 12:30 PM EST

Doylestown, PA (Business Wire) – October 16, 2015

Giants stumble for first time in exclusive Franchise Times Top 200+
No. 1 McDonald's, No. 3 Subway post declines, according to new ranking
Smaller brands take up slack, including Anytime Fitness, up 52%, and
Dickey's, up 48%

New online database launches, listing all 500 brands ranked by worldwide
sales

MINNEAPOLIS- Family Financial Centers ranks  No. 221 on the newly
published Franchise Times Top 200+, the exclusive list ranking the top 500
largest U.S.-based franchise systems by worldwide sales (read profile
here: http://www.franchisetimes.com/Top-200/Family-Financial-Centers).

For the first time since the Franchise Times Top 200+ list began in 1999,
some of the very largest brands in franchising showed year-over-year sales
declines or surprisingly soft growth given the ongoing narrative of
economic recovery in the United States, according to this year's exclusive
ranking by Franchise Times.

Smaller brands took up the slack, with the three fastest growers
increasing sales by a remarkable 52 percent (Anytime Fitness), 48 percent
(Dickey's Barbecue) and 40 percent (Marco's Pizza).
In all, the largest 200 U.S.-based franchise systems posted $595.9 billion
in worldwide sales in 2014, up 2.1 percent from the prior year, according
to the Franchise Times Top 200+. They operated 480,397 units total, a 3.3
percent increase from the year before.

The new report is published in the October issue of Franchise Times, and
also available in a new searchable online database, which lists all 500 of
the largest U.S.-based franchises.
Sales at McDonald's fell 1.5 percent in 2014, Subway dropped a worrisome
3.2 percent and the top 10 brands taken as a whole only increased their
sales by 0.6 percent, the Franchise Times Top 200+ reports. While the
reasons appear to be brand specific, rather than some industry trend, they
point to a significant change in the franchising status quo.
By contrast, some smaller brands posted stunning sales growth, led by
Anytime Fitness, with revenue up 52.6 percent, Dickey's Barbecue Pit up
48.3 percent and Marco's Pizza up 40.5 percent. The new report includes
the top 10 fastest-growing franchises by worldwide sales and number of
units. (See details below.)
"Like a space shuttle's heat shield, the industry's leading edge is
bearing the friction for an industry that remains in an opportunistic
growth spurt fueled by economic growth at home, continued international
expansion, and renewed interest from private equity firms and Wall
Street," according to the lead story in the project, authored by Franchise
Times Assistant Editor Tom Kaiser.

The top 200's 2.1 percent sales increase in 2014 was slimmer than in
previous years; that number was 2.9 percent in 2013, 5.6 percent in 2012
and a roaring 8.8 percent in 2011. The top 200 increased its unit count by
3.3 percent in 2014, numbers that were 3.4, 3.9 and 4.3 percent in the
previous three years.
With no change in the ranking of the five largest franchises-in order,
McDonald's, 7-Eleven, KFC, Subway and Burger King-both McDonald's and
Subway have broken their timeworn winning streaks. Burger King posted a
satisfying 5.5 percent sales increase, and Ace Hardware (up 9.7 percent)
and Marriott Hotels (up 8.2 percent) also ran counter to the trend of
disappointing results in the top 10. (See full details below.)
The Franchise Times Top 200+ also analyzes 12 industry sectors and reports
which brands are rising and falling in each category, and why. For
example, key investments in research led to a 16 percent increase in sales
at Right at Home, the biggest gainer in the senior services category,
Franchise Times reports. Industry breakouts include four restaurant
categories, plus hotel and travel, personal services, printing and
shipping, and more.
"The Franchise Times Top 200+ gives an extensive, detailed analysis of
who's rising and falling in franchising," says Beth Ewen, managing editor
of Franchise Times. "But more important to our readers, we dig in to
report why-what's behind the numbers, and which CEOs are making the
smartest decisions for their brands. It's a rich and unique source of
information for anyone doing business in franchising."

Franchise Times Top 10 Franchises by Worldwide Sales
1.    McDonald's: $87.8 billion sales, -1.5% from prior year; 36,258 units, 2.3%
2.    7-Eleven: $85 billion* sales, 0%; 55,801 units, 3.6%
3.    KFC: $23.4 billion* sales, 1.7%; 19,420 units, 2.9%
4.    Subway: $18.2 billion sales, -3.2%; 43,154 units, 2.0%
5.    Burger King: $17 billion sales, 4.4%; 14,372 units, 5.2%
6.    Ace Hardware: $14.3 billion sales, 9.7%; 4,794 units, -0.7%
7.    Hertz: $14.2 billion* sales, 2.2%; 11,230 units, -2.8%
8.    Pizza Hut: $12.2 billion* sales, 1.7%; 15,605 units, 4.3%
9.    Marriott Hotels: $9.6 billion* sales, 8.2%; 578 units, 3.4%
10.    Wendy's: $9.3 billion* sales, -1.1%; 6,515 units, -0.6%
     *Franchise Times estimate

Franchise Times Top 10 Fastest Growers by Sales
1.    Anytime Fitness: 52.6% increase from prior year
2.    Dickey's Barbecue Pit: 48.3%
3.    Marco's Pizza: 40.5%
4.    Planet Fitness: 34.7%
5.    Paul Davis Restoration: 30.7%
6.    Jersey Mike's Subs: 29.3%
7.    G.J. Gardner Homes: 25.8%
8.    Matco Tools: 25.4%
8.   Snap Fitness: 25.4%
   10.   Firehouse Subs: 24.7%

Franchise Times Top 10 Fastest Growers by Units
1.    Paul Davis Restoration: 31.5% increase from prior year
2.    Marco's Pizza: 30.9%
3.    Dickey's Barbecue Pit: 30.8%
4.    Planet Fitness: 22.6%
5.    Right At Home: 22.3%
6.    Jersey Mike's Subs: 20.2%
7.    Krispy Kreme: 19.2%
8.    Sport Clips: 17.7%
9.    Firehouse Subs: 17.6%
10.    Jimmy John's: 17.0%

ABOUT THE FRANCHISE TIMES TOP 200+
The Franchise Times Top 200+ is the only ranking by worldwide revenue and
locations of the largest 500 U.S.-based franchise brands. Published in the
October issue, the Franchise Times Top 200+ also analyzes 12 industry
sectors based on percentage change in sales growth, reports the 10
fastest-growing franchises by four different measures, and includes
little-known stories about the biggest names in franchising. The rankings
and full report, and the new searchable online database, are available at
www.franchisetimes.com.

About Family Financial Centers
Family Financial Centers is the "Quantum Leap" forward in the evolution of the alternative financial service center. Located in attractive suburban centers, Family Financial Centers have the systems, ambience and professionalism of a traditional bank. FFC offers a full array of financial services including check cashing, money orders, wire transfer, tax preparation services and short-term consumer loans.

Contact
Carrie Nelson
***@familyfinancialcenters.com
End
Source: » Follow
Email:***@familyfinancialcenters.com Email Verified
Tags:Family Financial Centers, Paul Eckert, Franchising
Industry:Financial
Location:Doylestown - Pennsylvania - United States
Subject:Awards
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Family Financial Centers News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share