SMARTBOX
Named Top Franchise by Entrepreneur Magazine
Portable Storage, Moving Firm Also Named Top New Franchise
RICHMOND, Va., January
12, 2008 – SMARTBOX, one of the fastest-growing portable storage
and moving companies, is pleased to announce it has been named to Entrepreneur
magazine’s Franchise 500® – an annual ranking of the
top 500 franchises in the world that dates to 1980. SMARTBOX appeared
on the list for the first time, checking in at No. 468. In addition,
SMARTBOX landed at No. 48 on Entrepreneur’s list of Top New Franchises.
“The Franchise
500 is widely regarded as the most respected and comprehensive ranking
for franchises,” said SMARTBOX President Michael Lowe. “We
are honored and thrilled to be included in this list, especially being
that we are such a young company.”
SMARTBOX, founded
in 2003, has expanded to Atlanta, Baltimore, Boston, Chicago, Denver,
Jacksonville, Fla., Los Angeles, Minneapolis, New Orleans, Raleigh,
N.C., San Antonio and West Palm Beach, Fla., since the beginning of
2006.
About SMARTBOX
SMARTBOX is a leader in the portable self-storage industry, offering
individuals and businesses affordable and convenient storage and local
and long-distance moving solutions. Based in Richmond, Va., SMARTBOX
services more than 60 million people in Atlanta, Baltimore, Boston,
Charlotte, N.C., Chicago, Denver, Fredericksburg, Va., Jacksonville,
Fla., Los Angeles, Minneapolis/St. Paul, New Orleans, Norfolk/Virginia
Beach, Va., Raleigh, N.C., Richmond, Va., San Antonio and West Palm
Beach, Fla. For a complete list of locations, please visit www.smartboxusa.com.
About the Franchise
500®
All companies,
regardless of size, 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.
We also consider the number of years in business and length of time
franchising, startup costs, litigation, percentage of terminations and
whether the company provides financing. Financial data is audited by
an independent CPA. We do not measure subjective elements such as franchisee
satisfaction or management style, since these are judgments only you
can make based on your own needs and experiences. The objective factors
are plugged into our exclusive Franchise 500® formula, with each
eligible company receiving a cumulative score. The 500 franchises with
the highest cumulative scores become the Franchise 500®.
