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Franchise News Release: Denver, CO - (Feb-1-2008) Maui Wowi Hawaiian Named to Entrepreneur Magazine's Franchise 500 For Fifth Straight YearMaui Hawaiian, the premier destination for authentic Hawaiian products on the mainland, today announced it has been named to Entrepreneur magazine’s high-respected Franchise 500® ranking for the fifth consecutive year. Listed at #190 overall for 2008, Maui Hawaiian also came in at #165 on the magazine’s listing of America’s Top Global Franchises. Entrepreneur magazine’s franchise 500®, which debuted in 1980, is considered the best and most comprehensive rating of Franchises in the world. Using an exclusive formula based on objective data, the ranking measures a franchise company’s financial strength and stability, growth rate and system size, as well as number of years in business, length of time franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. All financial data is audited by an independent CPA. “Reaching five consecutive years on the Franchise 500® is a testimony to the enduring strength of the Maui brand,” said Michael Haith, president and board chairman of Maui Hawaiian. “Consumers continue to focus on nutrition and healthy food choices—even in the beverages they drink. Maui not only defined the smoothie category nearly 25 years ago, but also continues to innovate through its selection of premium Hawaiian coffees and other island merchandise. The Aloha Spirit is more alive than ever at Maui Hawaiian.” In addition to its signature fruit smoothie drinks blended to order wikiwiki, Maui Hawaiian stores and free-standing units serve premium Hawaiian Kona-blend coffee, espresso and cappuccino, as well as a full selection of genuine Hawaiian lifestyle merchandise. Maui Hawaiian franchisees benefit from the burgeoning smoothie market; U.S. retail sales of smoothies surpassed $1.6 billion in 2005, and are expected to reach $2.7 billion by 2010. Maui Hawaiian’s success is due as much to its Aloha Spirit as to its products. The company and its franchisees enthusiastically adhere to the values of family, harmony, and balanced living, and are committed to an environmentally-aware philosophy that abides by the principles of sustainable living. In addition to its long-standing Entrepreneur magazine Franchise 500® ranking, Maui Hawaiian has been twice ranked as one of the fastest-growing private companies by INC. magazine. The company recently announced its first international Master franchise signing in Singapore, and is aggressively developing Franchise Opportunities in other world markets. About Maui Hawaiian This web site and the information contained herein does not constitute the offer or sale of a franchise. There are certain states that require the registration of an FDD before the franchisor can advertise or offer the franchise in that state. This franchise may not be registered in all registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states. The offer and sale of a franchise can only be made through the delivery and receipt of a Franchise Disclosure Document (FDD). |
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