D1 Training Ranked Among Top Franchises in Entrepreneur Magazine’s Franchise 500 List
D1 Training was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500® , the world’s first and most comprehensive franchise ranking.
For 45 years, the annual Entrepreneur Franchise 500® has been a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees. The 2024 Franchise 500® ranks D1 Training as #446 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“We are very proud to be listed in Entrepreneur Magazine’s Franchise 500® ,” said Will Bartholomew, D1 Training Founder and CEO. “It’s such an accomplishment to see our unwavering commitment to providing state-of-the-art athletic-based training be recognized by such an established publication. As we move forward, our goal is to continue the momentum built and pave the way for the future of fitness, ensuring our continuous expansion for years ahead.”
The ranking comes on the heels of an impressive 2023, with the brand achieving substantial revenue growth across current facilities and the opening of 26 new locations. Since the start of 2024, D1 Training has already celebrated its milestone 100th location opening and set plans to open more than 50 units with double that currently in development, bringing its future total to 250 units.
“Every brand on the Franchise 500® has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people,” said 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.”
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.
Over its 45 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. D1 Training’s position on the ranking is a testament to its strength as a franchise opportunity.
To view D1 Training in the full ranking, visit http://www.entrepreneur.com/franchise500 or pick up a copy of the January/February 2024 issue of Entrepreneur on newsstands now.