LINE-X Earns Top Honors Ten Years Running
HUNTSVILLE, Ala., (January 18, 2011) LINE-X Protective Coatings, the nation’s leading developer and provider of high performance protective coatings, ranked number 438 in Entrepreneur Magazine’s 32nd Annual Franchise 500 report released in the publication’s January 2011 issue. This is the tenth consecutive year LINE-X has been honored with this award. LINE-X has previously been awarded top honors in an assortment of categories, having earned the number one spot in the Miscellaneous Automotive Products and Services Franchise category four times.
“To be honored for the tenth consecutive year is truly an achievement for LINE-X Protective Coatings,” said Kevin Heronimus, LINE-X CEO. “As a company, we strive to provide a coordinated and comprehensive franchise start-up program that will lead our franchisees to succeed in their communities. By building on LINE-X’s established reputation as an industry leader, our franchise network continues to grow to support the various applications of our protective coatings.”
Entrepreneur Magazine is the nation’s leading monthly business publication annually recognizing top businesses for their achievements. The annual Franchise 500 rankings are the most comprehensive franchise rankings in the world. Operations of each franchise organization are judged based on a system of measurable variables of success. These variables include a myriad of important factors, including current financial strength and stability, existing growth rate, overall company size, total number of years in business, total number of years of franchising, startup and litigation costs for franchisee, percentage of terminations and whether the parent company provides financing. By totaling a collective score, the top 500 franchises with the highest cumulative scores rank in the Entrepreneur Magazine Franchise 500.
Over its 32 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. The January issue containing the ranking is a complete reference guide for entrepreneurs, revealing not only the companies listed according to their industry categories, but also information on conducting due diligence before buying a franchise, getting in on the latest trends and programs that help with starting a franchise.
Previously, LINE-X received top placements in the Fastest Growing Franchise category at 31st in 2002, 61st in 2003, 38th in 2004 and 16th in 2005. In addition, LINE-X earned top honors as a Top New Franchise throughout 2002-2004, at 44th, 30th and 7th respectively.
About LINE-XProtective Coatings
LINE-X Protective Coatings (www.LINE-X.com) is the nation’s leading developer and provider of high performance protective coatings offering scientifically formulated polymers that permanently bond to a wide range of surfaces for unmatched durability. LINE-X products are utilized in automotive, commercial, light industrial, heavy industrial, agricultural, military, marine and custom applications. Headquartered in Huntsville, Alabama, with more than 400 locations in 36 countries, it is the goal of LINE-X to consistently produce the highest quality and most reliable materials available. Follow LINE-X on Twitter @LineXprotects and become a fan on Facebook of LINE-X Protective Coatings and check out what LINE-X is doing on YouTube at:http://www.youtube.com/linexprotects