Pinot’s Palette® Named 2017 Best Buy in Exclusive Franchise Times RankingPinot's Palette
New consumer-focused Zor Awards program launches, recognizing 10 laudable franchise brands to consider in 2017
HOUSTON (March 1, 2017) – Pinot’s Palette has been named a best buy in franchising in the Cheap Seats category by Franchise Times as part of its new Zor Awards program, intended to recognize brands in 10 of the industry’s most exciting categories.
Designed to answer the question, “What’s the best franchise to buy?”, the Zor Awards is a new industry-exclusive awards program appearing in the March 2017 issue of Franchise Times. With a goal of introducing prospective franchisees to a few favored categories, based on their individual preferences and style, the Zor Awards aids individuals exploring franchising by showing them how to make a selection using an astute business .
“We are thrilled to have Pinot’s Palette recognized as a best franchise to buy in the Cheap Seats category,” said Craig Ceccanti, Co-Founder and CEO of Pinot’s Palette. “Our outstanding franchisees work extremely hard to represent the premium paint and sip experience that is taking the world by storm, and we have a great team to support them behind the scenes.”
The Franchise Times editorial staff selected 10 industry categories designed to reflect industry momentum and appealing segments within franchising. This year’s categories include the following: Personal Wellness, Drive-Thru Classics, Better Burgers, Fast-Casual Pizza, Dog vs. Cat People, Hands On, Fixer Upper, Cheap Seats, Feel Like a Kid Again, and New Wave . Finalists were drawn from the Franchise Times Top 200+ database, which is a 20-year-old research tool, covering more than 650 U.S.-based franchise systems.
After identifying contenders for each category, Franchise Times removed brands that did not publicly provide key information about profitability and overall financial performance, as well as brands that are not currently expanding inside the United States. Beyond that, the research team examined six key financial metrics pulled from each brand’s franchise disclosure document, with a focus on profitability for the franchisee. That process also included editorial examination of management teams, product or service offerings, unit openings and closings, recent litigation, and financial backing of the brand.
As the final pillar, Franchise Times hosted online voting from mid-December to mid-January to reflect industry enthusiasm. This third metric received thousands of reader votes and was used as a tiebreaker to determine the final winners.
Below is the final list of winners of the 2017 Franchise Times Zor Awards by category:
Cheap Seats: Pinot’s Palette
Personal Wellness: Orangetheory Fitness
Drive-Thru Classics: Dairy Queen
Better Burgers: Burger 21
Fast-Casual Pizza: Blaze Pizza
Dog vs. Cat People: Dogtopia
Hands On: Weed Man
Fixer Upper: Tailored Living
Feel Like a Kid Again: Sky Zone
New Wave Medical: American Family Care
About Pinot’s Palette
Pinot’s Palette is a pioneer of the paint and sip experience – a revolutionary way to enjoy art and wine, meet new people and bond with friends. With more than 190 locations open or under development across 35 states and Canada, and new locations popping up monthly, Pinot’s Palette is the world’s fastest growing paint and sip franchise. Guests enjoy a no-skills-required art class—all supplies included—directed by trained, local artists, who guide guests step-by-step through a featured painting. By bringing fun, modern and creative ideas to their events, Pinot’s Palette curates a unique, rewarding experience while providing a worthwhile contribution to the community. For more information, visit www.PinotsPalette.com.
About Franchise Times
Franchise Times magazine is the only independent, unbiased news source in franchising. Its original research has led to well-respected rankings such as the Franchise Times 200; Fast & Serious, a look at the smartest-growing franchise systems in the U.S.; and the Restaurant Franchisee 200, the top restaurant U.S. franchisees. Our Restaurant Finance & Development Conference and Franchise Finance & Growth Conference bring franchisors and multi-unit franchisees together in the premier dealmaker’s events in franchising.