School of Rock was recognized by independent research firm, Franchise Business Review, as a top franchise in its report on the Top Recession-Proof Franchises for 2023.
More than 36,000 franchisees representing over 365 franchise brands participated in Franchise Business Review’s franchisee satisfaction survey over 18 months. From the research, School of Rock was one of just 100 franchise brands to be identified as a Top Recession-Proof Franchise award winner and be featured on the list of the best recession-proof franchises.
School of Rock's franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, culture, and financial opportunity.
"While no business is 100% recession-proof, these franchise businesses have demonstrated that they are highly recession-resistant based on historical performance," said Eric Stites, CEO of Franchise Business Review. "For people seeking to be their own boss, the Top 100 Recession-Proof businesses we identified this year not only have outstanding satisfaction among their owners—one of the most important factors to consider before investing in any franchise opportunity—but they have performed well in good times and bad and we feel they hold a strong advantage to outperform their competitors in the years ahead."
Franchise Business Review (FBR) provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. FBR publishes its rankings of top franchises in its annual Guide to Today’s Top Franchises, as well as in quarterly reports throughout the year that rank the top franchises in specific sectors.
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