For the first time ever, Trend Transformations (formerly Granite Transformations) was ranked #1 in the category of Kitchen & Bath Remodeling in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking.

Recognised by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500® places TREND Transformations® as #284 among all franchise systems for its exceptional performance in areas including financial strength and stability, growth rate, and brand power. This represents a dramatic increase of our most recent 2016 ranking of #497.

“The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order,” says Ryan Shea, president of Entrepreneur.

“With an increase of more than 200 places in the overall ranking and the no.1 position in our category, this is the result of the franchise support team’s daily collaboration with our franchisees to focus on making the brand the no.1 choice for home renovation in the world,” says Andrea Di Giuseppe, Global CEO of TREND Transformations®.

More information about the Franchise 500®

2017 was Entrepreneur’s 38th annual Franchise 500® ranking revealing the impact of the newest trends and the industries poised for growth. The process began in July 2016, when they asked franchisors to participate in their survey. Each submission was vetted before being entered for data analysis; 988 companies made the first cut. Of those, the top 500 became the Franchise 500® ranking, based on financial and statistical data from July 2014 through July 2016. All companies are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. They also consider the number of years a company has been in business and the length of time it’s been franchising, start-up costs, litigation, percentage of terminations and whether the company provides financing.