United States. The tire and wheel retailer enters 2023 as one of America's top franchise opportunities.
The 44th annual Entrepreneur Franchise 500 is a highly sought after honor in the franchise industry. Recognized as an invaluable resource for prospective franchisees, the 2023 Franchise 500 ranks RNR 170 for performance in areas including unit growth, financial strength and stability, and brand power.
Entrepreneur also announced 2023 as its inaugural Franchise 500 Hall of Fame feature, recognizing those who have been classified into the Franchise 500 for a minimum of 25 consecutive years.
The RNR team said they are honored to get a mention in that role this year. Not necessarily as a Hall of Famer, but as a member of the Consecutive Club, celebrating the more than 10 consecutive years his franchise has found itself on the most coveted list of franchises.
"The past year highlights the extraordinary opportunities the franchise industry presents for entrepreneurs at all levels," said 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 in many industries and highlight what it takes to generate the kind of momentum that drives lasting success."