Ctrl V® Ranked A Top New Franchise by Entrepreneur Magazine
FOR IMMEDIATE RELEASE
Ctrl V Inc.
CTRL V® RANKED A TOP NEW FRANCHISE BY ENTREPRENEUR MAGAZINE
Waterloo, Ontario – Ctrl V® was recently ranked in Entrepreneur magazine’s Top New Franchises list. This list recognizes the top 100 companies that have been franchising for five years or less, based on data submitted for Entrepreneur’s Franchise 500® ranking. Ctrl V®, which began franchising in 2017, was ranked #94.
“We care a lot about our franchisees and, as a result, provide them with as much support as possible. Whether it is tangible or intangible support. So receiving recognition like this feels fantastic. It lights the fire under us to just do better and better and be more awesome, all while living out our mission to expose the masses to Virtual Reality” says Robert Bruski, CFO & co-founder, Ctrl V®.
“Nearly a quarter of the companies that applied for this year’s Franchise 500 ranking are relative newcomers—they’ve been franchising for five years or less,” says Jason Feifer, editor in chief of Entrepreneur. “That’s an exciting thing to see in this industry. For people attracted to franchising’s built-in systems and support, but who still want the thrill of growing something from the bottom up, there are many options to choose from.”
Entrepreneur’s 2020 Top New Franchises ranking was determined using the company’s Franchise 500 formula, which is a comprehensive evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. Ctrl V®’s position on the ranking shows that it is off to a strong start on its franchising journey.
To view Ctrl V® in the full ranking, visit entrepreneur.com/franchises/topnew. Results can also be seen in the April/May issue of Entrepreneur.
About Ctrl V
Ctrl V Inc. (“Ctrl V®”) is Canada’s first virtual reality (“VR”) arcade, offering experiences in the newest frontier of entertainment and gaming. With custom-designed VR stations featuring the HTC Vive, each Ctrl V® location offers high-end commercial VR experiences and a variety of different games. Visit us on our website www.virtualrealityfranchise.com for more information.