Just Between Friends Earns Spot as a Top Low-Cost Franchise on Franchise Business Review’s 2017 List
Independent Research Data Shows Franchisees Are Highly Satisfied with Just Between Friends’ Performance
Just Between Friends Franchise Systems, Inc. is pleased to announce that it has once again been selected to the Top Low-Cost Franchises list by Franchise Business Review, an independent franchisee satisfaction research firm. Brands on the list must have high franchisee satisfaction and an investment of under $100,000 at the time their franchisees participated in Franchise Business Review’s franchisee satisfaction survey.
Approximately 13,000 franchisees representing 123 low-cost brands participated in Franchise Business Review’s low-cost franchisee satisfaction survey between October 2015 and April 2017.
Just Between Friends franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise system, including training & support, operations, franchisor/franchisee relations, and financial opportunity.
“Just Between Friends’ level of satisfaction in areas that are crucial to the health of a franchise system earned it a spot on our 2017 Top Low-Cost franchises list,” said Eric Stites, CEO of Franchise Business Review. “With 90% of the 13,000 low-cost franchisees we surveyed saying they enjoy operating their business, low-cost franchises are clearly a great option for many who wish to be their own boss,”
“This award means so much to us at Just Between Friends Franchise System, Inc. because we place a high value on our franchisees’ satisfaction. It is good for them, good for the company and more importantly good for the people we serve – our consignors and shoppers,” said Shannon Wilburn, CEO and Co-Founder of Just Between Friends Franchise Systems, Inc.
Visit FranchiseBusinessReview.com to see the full list of 2017 Top Low-Cost Franchises.
About Just Between Friends Franchise
In 1997, Just Between Friends was created in a living room in Tulsa, Oklahoma when Shannon Wilburn, a mother of two young children, and her friend, Daven Tackett, hosted a sale with 17 friends as consignors and had gross sales of $2000. In 2016, that same sale hosted two events and grossed almost 1 million dollars. The sales caught on with families and grew, so in 2003, they formed Just Between Friends Franchise Systems, Inc. Wilburn is now sole owner and CEO of Just Between Friends Franchise Systems, Inc., which has 153 franchises in 30 states and one in Canada for a total of 154 franchises. System wide sales in 2016 topped 29 million and they expect to top 31 million in 2017. For the last three years, Forbes Magazine named Just Between Friends one of the top ten franchises in the United States in the under $150,000 investment category. JBF was also named one of Entrepreneur Magazine’s Top 500 Franchises for the last five years. Just Between Friends Franchise Systems Inc. also received a “Franchisee Satisfaction Award” and was named in the Top 50 franchises by “Franchise Business Review” for the past seven of the last eight years. JBF has been featured on numerous national television shows including The Today Show, Good Morning America, Real Biz with Rebecca Jarvis, Fox News, CBS Early Show, ABC News, CNN, Headline News, Inside Edition and CNBC’s The Big Idea. They have also been featured in Entrepreneur Magazine, Wall Street Journal, Inc.com as well as many top markets including Seattle, Minneapolis, Denver, Dallas, Houston, San Francisco and Philadelphia and on popular websites www.yahoo.com, www.sheknows.com and Disney website www.family.com.
About Franchise Business Review
Franchise Business Review (FBR) is the only independent market research firm that specializes in benchmarking franchisee satisfaction based exclusively on ratings and reviews from franchise owners. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com.