Texas-Based Chain Gets Top Spot in the Baked Goods Category
KATY, TX / ACCESSWIRE / January 16, 2024 / Kolache Factory, a unique and rapidly expanding national pastry chain, has once again made a significant leap in Entrepreneur's esteemed Franchise 500® rankings, securing the No. 371 spot-an impressive climb of 88 places from last year. This achievement highlights Kolache Factory's remarkable growth and success in the highly competitive franchise industry. For the second consecutive year, the brand has also been honored as the #1 franchise in the Baked Goods category.
The 2024 Franchise 500 marks the 45th year of Entrepreneur's rigorous analysis of the franchise sector, making it the world's first, best, and most comprehensive franchise ranking. Kolache Factory's standout performance in critical areas such as unit growth, financial strength and stability, and brand power has been instrumental in securing its elevated position.
"We are thrilled to be recognized in the Franchise 500 and to be named #1 in the Baked Goods category for the second year in a row," said Dawn Nielsen, Chief Operating Officer of Kolache Factory. "Our commitment to quality, freshness, and exceptional service continues to resonate with our customers and franchise partners. This accolade is a testament to the hard work and dedication of our entire team."
In a record-setting year, 1,389 franchisors submitted entries, making the 2024 Franchise 500 Entrepreneur's most competitive yet. Kolache Factory's advancement in the rankings is a notable achievement, reflecting the company's innovation, cultural influence, and business acumen.
"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," says 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."
Kolache Factory, celebrating over 40 years in business, has become a beloved brand across the United States. Known for its hand-held pastries filled with various fruits, meats, and cheeses, the company continues to attract a growing base of loyal customers. In 2023, Kolache Factory celebrated another year of double digit growth year over year
The Franchise 500 is widely regarded as a key resource for potential franchisees. Kolache Factory's strong position in this year's ranking underscores its ongoing appeal as a franchise opportunity.
For more information about Kolache Factory and to view their ranking, please visit http://www.entrepreneur.com/franchise500 or find the January/February 2024 issue of Entrepreneur.
MEDIA CONTACT:
Jennifer Williams
[email protected] | Ph: 919.459.3592
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About the Kolache Factory
Kolache Factory was founded in 1982 in Houston, Texas, by John and Jerri Banks, who identified a need for a fresh, high-quality breakfast that could be eaten "on the run." The Bankses encouraged consumers to try the high-quality, fresh pastries filled with fruits, meats, and cheeses, and soon, they were in high demand for business meetings, family breakfasts, on-the-go lunches, and afternoon snacks. Kolache Factory has been recognized as one of the Top 5 Drive-Thrus in America by Food Network, one of the fastest-growing companies in Houston, and one of the top 50 foodservice bakeries in the United States by Modern Baking magazine. In addition, Entrepreneur magazine named it among the top 200+ food-based franchises and the #1 Baked Goods franchise in 2022 and 2023. Kolache Factory is privately owned and operated and headquartered in Katy, Texas. For more information, please visit https://kolachefactory.com/.
SOURCE: Kolache Factory