Nation’s Leading Green Commercial Cleaning and Janitorial Services Franchise Ranked #42 in Entrepreneur’s Annual Franchise 500 List
North Hollywood, CA (January 15, 2019) – Stratus Building Solutions, the nation’s leading green commercial cleaning and janitorial services franchise, was recently ranked #42 in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. This represents a massive improvement over Stratus’ already excellent ranking from 2018 – moving up 61 spots from 103 to 42.
“We are thrilled to be featured as one of the top 50 franchise brands in the country,” said Afshin Cangarlu, CEO of Stratus Building Solutions. “Entrepreneur is one of the world’s most well-respected and well-read business publications, so earning such a high ranking in the annual Franchise 500® is a major accomplishment for our franchise family. I applaud everyone in the Stratus family, including our Master Franchisees, Unit Franchisees, and all corporate employees, for their role in earning this industry leading ranking!”
Placement in the Franchise 500® is a highly sought-after honor in the franchise space, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Stratus Building Solutions 42nd for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order. Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Stratus Building Solution’s position on the ranking is a testament to its strength as a franchise opportunity.
To view Stratus Building Solutions in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15th.