Ranking Marks Significant Milestone in the Health and Wellness Franchise’s History
FORT WORTH, TX / ACCESSWIRE / January 18, 2024 / BODYBAR Pilates, a leader in modern Pilates studios, has been recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, most comprehensive franchise ranking. Celebrating its first appearance on this prestigious list, BODYBAR Pilates has been ranked at #342 for 2024, marking a significant milestone in the brand’s history.
For 45 years, the annual Entrepreneur Franchise 500 has been a highly sought-after honor in the franchise industry, recognized as an invaluable resource for potential franchisees. A record-setting 1,389 companies applied to be considered for the 2024 Franchise 500 which makes BODYBAR Pilates inclusion on the list even more notable. The brand’s outstanding performance in areas that include unit growth, financial strength and stability, and brand power were the main drivers behind the ranking.
"Being recognized in Entrepreneur’s Franchise 500 for the first time is a remarkable achievement for BODYBAR Pilates. This honor reflects our dedication to excellence in the fitness industry and our commitment to our franchise partners," said Matt McCollum, CEO of BODYBAR Pilates. "It’s a testament to the strength of our brand and the hard work of our entire team. We are thrilled to be acknowledged among the top franchises and look forward to continuing our growth and success."
Founded on the principles of strength, community, and balance, BODYBAR Pilates has been redefining fitness with its innovative approach to Pilates since 2012. The brand boasts state-of-the-art studios, equipped with the latest Pilates reformers and apparatus, which provide a comprehensive fitness experience that goes beyond traditional exercise. BODYBAR Pilates presents a compelling opportunity for entrepreneurs passionate about fitness and community building.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then 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 ranked order.
"Every brand on the Franchise 500 has its own unique story, but, collectively, they all make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people," says Jason Feifer, editor-in-chief of Entrepreneur magazine. "Our 45th annual ranking is full of companies with fresh ideas, exciting business models, cultural sway, and the kind of business sophistication that will define the next 45 years and beyond."
For more information about BODYBAR Pilates and franchise opportunities, visit https://bodybarpilates.com/franchise.
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About BODYBAR Pilates
Founded to redefine fitness, BODYBAR Pilates’ mission is to cultivate a balanced, athletic and real community. We are committed to providing a fiercely effective workout experience, powered by Pilates, that helps individuals discover their physical potential and enhance their overall well-being both on and off the Reformer. Our expert-led classes cater to all fitness levels in a welcoming environment, utilizing state-of-the-art Pilates equipment.
As a growing franchise, BODYBAR presents an exciting opportunity for entrepreneurs in the fitness industry. Joining the BODYBAR family means becoming part of a movement that empowers individuals to achieve their fitness goals while building a thriving, community-centric business. This opportunity is ideal for entrepreneurs looking to make a meaningful impact in the fitness world with a reputable, innovative brand.
For more information, visit https://bodybarpilates.com.
FOR IMMEDIATE RELEASE
Media Contacts:
Tammy Delgado
tdelgado@919marketing.com
919-459-7147
SOURCE: Bodybar
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