Entrepreneur magazine has again named Town Money Saver (TMS) one of the top 100 franchises in the US that can be started for less than $50K.
TMS, celebrating its 30th year, has been recognized as a top low cost franchise for the sixth consecutive year by the flagship magazine.
“Here we are again – and it feels just as good as the first time,” said TMS CEO and Founder Bill Zirzow. “It’s rewarding to consistently offer an affordable franchise to people without a six-figure investment.”
Entrepreneur ranks companies based on scores received in Entrepreneur’s 2022 Franchise 500 ranking, a comprehensive analysis that looked at more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
“It’s great to be in this position once again,” said TMS Chief Operating Officer Mark Ruggiero. “Considering all the things everyone has faced nationally and globally over the last few years, we couldn’t be more proud of where we are and where we are going.”
Entrepreneur magazine released the Top 100 Franchises under $50,000 in its most recent Spring Startups issue. The full list of recognized franchises can be found here.
Earlier this year, Franchise Business Review also recognized TMS as a top franchise opportunity for 2022, marking the sixth consecutive year TMS has been bestowed the honor.
Since 1992, Town Money Saver has offered local business owners high-quality advertising that attracts repeat customers and maximizes their return on investment. This hometown approach has led to lasting relationships with thousands of business owners over three decades.
“We’re excited for the future and the next wave of local entrepreneurs ready to make a difference in their town,” Zirzow said.