Footprints Floors Ranks on Franchise Times' Top 500 Annual List

Combined annual sales at the 500 largest U.S.-based franchisors increased by more than $130 billion or 20.5 percent last year, to $769 billion, according to the newly released Franchise Times Top 500, an exclusive ranking of the 500 largest franchises. Footprints Floors, the 150-plus-unit flooring renovation franchise, ranked 495th on this year's list.

The Franchise Times Top 500 is an exclusive annual ranking of the 500 largest U.S.-based franchise systems by global systemwide sales. The project is the result of a five-month research and reporting effort that leads to the  most credible and objective franchise ranking available, said Franchise Times Editor in Chief Laura Michaels.

The collection of systemwide sales data also provides useful insight into the franchise industry’s performance coming out of the COVID-19 pandemic. Every segment gained ground in 2021, with some getting back to or even surpassing 2019 sales while others still have work to do. 

The home services, automotive and cleaning franchise industries all saw percentage sales growth in the double digits last year. Even in 2022, Footprints Floors has seen a nearly triple digit revenue increase so far this year and an over 50% increase in pricing estimates compared to 2021.

“Despite the economic challenges right now, Footprints Floors has continued to grow in a healthy and exciting manner. Our franchise model allows for flexibility and lets us adapt quickly to the changing state of the world,” said Bryan Park, CEO. “We are proud to have a recession-proof business that has helped our owners continue to succeed while many other companies struggle.”

Franchise Times Fastest-Growing Industry Sectors
1. Hotels & Hospitality +49.1%
2. Personal Services +32.6%
3. Real Estate +30.9%
4. Business Services +25.6%
5. Health & Medical +23.4%

ABOUT THE FRANCHISE TIMES TOP 500
The Franchise Times Top 500 is the only ranking by systemwide sales and units of the largest
500 U.S.-based franchise brands. Published in the October issue and available in a searchable
database online, the Franchise Times Top 500 also analyzes industry sectors based on percentage
change in sales growth, reports the 10 fastest-growing franchises by four different measures, and
includes exclusive news stories about the biggest names in franchising. The rankings and full
report, and the searchable online database, are available at www.franchisetimes.com/top-500-
2022.