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Tuesday, Sep 08, 2020
Vitality Bowls Named a “Top Growth Franchise” By Entrepreneur Magazine
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Leading Superfood Franchise Positioned for Expansion in 2020 After Robust 2019 Franchise Growth
DANVILLE, Calif. – Vitality Bowls, was recently ranked in Entrepreneur magazine’s first Top Growth Franchises list. This list recognizes the 150 companies with the greatest positive franchise unit growth in North America over a three-year period, based on data submitted for Entrepreneur’s Franchise 500® ranking. Thanks to its exceptional growth, Vitality Bowls was ranked #146.
“Being named a Top Growth Franchise by Entrepreneur is a validating milestone for us,” said Roy Gilad, CEO of Vitality Bowls. “We are incredibly proud of the momentum that has been built around Vitality Bowls and its growth, and we are excited to see what the future holds.”
“By maintaining steady, sustained growth over several years, these franchises have demonstrated that they have the systems in place to support their franchisees and help them become successful,” says Jason Feifer, Entrepreneur’s editor-in-chief. “Now as these and other companies around the country face unprecedented challenges, they may see their growth slow, but that record of success could prove more important than ever."
To determine the 2020 Top Growth Franchises ranking, Entrepreneur looked at each company’s U.S. and Canadian franchise numbers over a three-year period (from July 2016 to July 2019; given the rapid changes, COVID-19 impacts weren’t taken into account). In order to qualify, companies had to have positive growth of at least five units each year. They were ranked based on a formula that considers their total positive U.S. and Canadian franchise growth over the three years as well as factors that negatively affect growth, such as terminations, nonrenewals, and other closures.
To view Vitality Bowls in the full ranking, visit entrepreneur.com/franchises/topgrowth. Results can also be seen in the September issue of Entrepreneur, on sale September 1.
About Vitality Bowls
Roy and Tara Gilad, a pair of successful business owners, founded Vitality Bowls in 2011 in San Ramon, California. The duo started the superfood café concept as a result of discovering their daughter’s severe food allergies and wanting to find safe, healthy food alternatives. Since franchising began in 2014, the brand has seen significant growth with more than 100 cafes open or in development. In 2018, Vitality Bowls was named to Franchise Times’ Top 200+ List recognizing the 500 largest franchises in the industry, as well as Inc. Magazine’s 500|5000 list for the nation’s fastest growing private companies. Also named to Restaurant Business’s Future 50 List of the fastest growing innovative brands, Vitality Bowls aims to redefine the fast casual healthy food restaurant field at its locations across the country.
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