AlphaGraphics Named to 2024 Franchise Times Top 400 List
AlphaGraphics, a leading franchisor of printing and marketing solutions, has been named to the 2024 Franchise Times Top 400 list of the most successful franchises in the United States. The company ranked No. 183 on the list.
“One of the keys to our success is AlphaGraphics’ constant commitment to our franchise owners,” AlphaGraphics Vice President of Retail Network Development Bill McPherson said. “We strive to be there for them every step of the way with free learning, ongoing franchisee support and marketing and public relations strategies. We understand the importance of building a great franchisor-franchise owner relationship, and that’s the reason we can attract new owners and grow each year.”
Last year, AlphaGraphics reported global sales of more than $340 million, posting a growth rate of more than 10%.
The Franchise Times Top 400 is an exclusive annual ranking of the largest U.S.-based franchise systems by global systemwide sales. The project is the result of a five-month research and reporting effort that leads to the most credible and objective franchise ranking available, said Franchise Times Editor in Chief Laura Michaels.
The collection of systemwide sales data also provides useful insight into the franchise industry’s performance as the economic and consumer demand shakeout continues. Out of the 10 major franchise categories analyzed, just two—Business Services and Real Estate—saw an overall decline in sales. Notably, within the Restaurant category, total sales for chicken-focused concepts grew 12 percent, to $76 billion, as the segment remained hot.
“This recognition is a testament to our team’s hard work and AlphaGraphics’ proven franchise business model,” McPherson said. “We have no plans of slowing down, and we’re excited to see how much the franchise grows over the next year.”
AlphaGraphics was founded in 1970, and the company began offering franchise opportunities in 1979. Today, there are more than 270 AlphaGraphics centers in the United States, Brazil, China, Hong Kong, Mexico, Saudi Arabia and the United Kingdom.
The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Printing Impressions.
