Leading the franchise industry since its founding in 1976, Francorp has become a key character in the narrative of several successful international franchises. Beginning as Donald Boroian’s solution to streamlining the franchising process, Francorp has become a robust development firm defining the landscape of the franchise industry. Here are five of Francorp’s star brands that have steamrolled competition and plotted across the globe.
A Francorp client since 1997, Ace Hardware has become a standout on the Francorp roster for both its international reach and nuanced strategic planning. The brand’s revitalization entailed international brokerage and consulting, along with a restructuring of the brand’s existing franchise program. Francorp has aided the hardware brand to develop story of its European market to fine-tune its franchise distribution.
Known for their fast casual Chinese fare, Panda Express sought out Francorp back in 1988 in need of a full development program. Now the industry’s largest Asian quick-serve chain with over 1,300 units in operation nationally, Panda Express has made all the right moves along the path to success. After purchasing all of their franchises and operating them as corporate stores, Panda Express is a success story for the books.
John Deere came to Francorp with three poorly operating divisions that had taken the brunt of farm failures and high interest rates. Tasked with constructing a hypothetical company based on a sales-driven philosophy and a strong lawn and garden division, Francorp helped John Deere convert its existing locations into robust franchises.
The world-class credit card was not always the global leader that it is today. The multinational financial services corporation came to Francorp in need of a consultation and a stronger marketing strategy. Francorp’s collaboration with the brand resulted in a renewed interest in U.S. franchise options and increased brand notoriety.
The healthy eating franchise came to Francorp in 1991 in hopes of developing a nationwide franchise program and vaulting the brand to an even higher franchise echelon. Developing a strategic plan, marketing plan, operations manual and more, Francorp succeeded in helping Saladworks become Nation’s Restaurant News’ “50 Powerhouse Chains” and the #1 salad franchise in the world by Entrepreneur Magazine. The success isn’t stopping anytime soon, either—a 1,000+ unit expansion is slated for the near future.