CNBC: Checkers Owner Recognized as One of America's Star Franchisees
After vetting more than 28,500 individual franchisees, Paramjit Josan of New York was selected to appear on CNBC's list of "America's Star Franchisees 2016"
The franchising industry is booming across the U.S. According to CNBC, there are close to 3,000 franchise companies that collectively contribute more than $1 trillion to the American economy every year. A major part of what makes these businesses so successful are their teams of dedicated and passionate franchisees. Now, CNBC is shining the spotlight on the top 50 franchisees in the U.S.—one for every state.
Recognized for being one of the top franchisees in the country, Paramjit Josan of Checkers in New York was recently featured on CNBC’s list of “America’s Star Franchisees 2016.” The publication and its research partner, Franchise Business Review, vetted more than 28,500 individual franchisees from 364 different brands. Brands were judged on their strong proof of concept in multiple markets, their franchise disclosure document and their financial performance. Franchisees were then evaluated on their satisfaction with the franchise system and their regard for management at the corporate office.
Josan opened his first Checkers
franchise in 2008 and now owns four in New York. Over his eight years with the brand, Josan continues to fine-tune his understanding of the franchising industry, remaining disciplined about site selection, keeping a close eye on policy changes in the industry and collaborating with the Checkers corporate office.