All Press Releases for June 08, 2023

ACCURATE FRANCHISING INC. REPORTS STRONG GLOBAL GROWTH

Deals on four continents power continuing trend of international concepts expanding to the U.S.



"This is an exciting time for international franchising, and these numbers show it," said Tipton Shonkwiler, President of Accurate Franchising Inc.

    WEST PALM BEACH, FL, June 08, 2023 /24-7PressRelease/ -- With a steady stream of international deals completed and more in the pipeline, global expansion is continuing at a strong pace for Accurate Franchising Inc. (AFI), the leading franchise development consulting firm that helps entrepreneurs grow their businesses through franchising. The numbers reflect a robust trend in international brands franchising their concepts to expand to U.S. markets.

In the first quarter of 2023, AFI closed four deals with international brands based in Canada, Malta, and Panama. The results come on the heels of a successful 2022, when AFI inked agreements with 13 international concepts in Australia, Canada, Mexico, and Puerto Rico. AFI consultants are currently working with those 17 brands to transform their infrastructures into franchise operations and will continue providing support through the launch of their U.S. franchise programs.

"This is an exciting time for international franchising, and these numbers show it," said Tipton Shonkwiler, President of Accurate Franchising Inc. and Managing Director of the Consulting Division of United Franchise Group™ (UFG). "More and more international concepts are taking their brands to the next level by expanding to the United States. They recognize the value of using our expert consultants who understand international business and can work with them every step of the way to replicate their success in America."

With the international agreements reached in 2022-23, AFI is helping to launch franchising for concepts across a range of industries, including food and dining, hardware, pool services, and laboratory equipment. Following the franchise launch, AFI will offer continued support to help their clients further establish their presence in the U.S. and recruit qualified candidates to fuel expansion in their target development markets.

Among the franchise launches completed this year is Meltwich Food Co., a fast-casual restaurant founded in Canada that offers delicious, updated comfort food and all things melted. Since joining forces with AFI, Meltwich has signed multi-unit franchise agreements for development across Michigan, New York, and Texas, and is currently targeting key markets in Florida for additional expansion.

"Our partnership with Accurate Franchising has been integral to our U.S. expansion efforts," said Ryan Hillis, Executive Vice President and Global Business Development Officer of Meltwich Hospitality Group, Inc. "From revamping our infrastructure and implementing effective lead generation tactics to ongoing consulting and everything in between, AFI has played a major role in transforming Meltwich to a franchise model that's poised for success, and we look forward to continuing our work together as we grow the brand's footprint across the U.S."

To help its emerging franchisors, AFI draws on the extensive resources it can offer as a member of UFG, a family of affiliated brands and consultants with more than four decades of experience in the franchising industry.

For more information on Meltwich franchise opportunities, please visit www.meltwich.com/franchise.

For more information about AFI and its business growth solutions, please visit www.accuratefranchising.com.

About Accurate Franchising, Inc.
Accurate Franchising Inc.™ (AFI) is the only franchise development consulting firm with first-hand experience operating and growing its own franchise brands. As part of the United Franchise Group™ (UFG) family of affiliated brands and consultants, AFI helps entrepreneurs grow their business by becoming franchisors. With an intimate understanding of what a franchisor needs to succeed, AFI ensures clients benefit from their 35 years of experience advancing brands into world class, award-winning companies. Accurate Franchising Inc. has worked in excess of 80 countries with more than 350 brands and over 2500 franchisees worldwide and with industry-leading brands like Graze Craze®, Fully Promoted®, Signarama®, Transworld Business Advisors®, and Venture X® to name a few. For more information, visit www.AccurateFranchising.com.

About United Franchise Group
Led by CEO Ray Titus, United Franchise Group™ (UFG) is home to an affiliated family of brands and consultants including Accurate Franchising Inc.™, Exit Factor™, FranchiseMart®, and Franchise Real Estate™, as well as the Starpoint Brands™ division consisting of Signarama®, Fully Promoted®, Transworld Business Advisors®, Venture X®, Office Evolution® (OE), Network Lead Exchange™ (NLX), The Great Greek Mediterranean Grill®, and Graze Craze®. UFG affiliated brands include over 1600 franchises in more than 60 countries, with consultants that have helped develop over 350 brands into franchises, in over 80 countries with more than 2500 franchisees. With over three decades in the franchising industry United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.

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Brittny Fuchs
United Franchise Group
West Palm Beach, Florida
United States
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