Two Indiana-based companies are listed among Entrepreneur’s 2017 Top New Franchises. The list ranks the top 100 North American companies that began franchising within the last five years.

The list was compiled from Entrepreneur’s Franchise 500 List, which factors in criteria such as system size, growth, brand strength, and financial strength and stability. Goshen-based Ben’s Soft Pretzels is ranked at number 32 on the New Franchises list. 

Ben’s Soft Pretzels co-founder Scott Jones recently appeared on Inside INdiana Business Television and said he is confident the company can grow to 1,000 franchise locations and beyond. The company will soon open its 85th location.

"What an honor to once again be recognized by Entrepreneur Magazine," Jones. "Being ranked No. 32 on the top new franchises list is high distinction and speaks to the quality of our system, franchisees, our staff and ultimately our product. Entrepreneur Magazine has always been an authority on business trends and recognizing developing companies. We are thankful for being blessed with this recognition."

Zionsville-based Apex Energy Solutions is ranked 58th on the list. The window and eco-friendly building product dealer, which announced its franchise plans last year, has franchises in 14 locations with plans to add more in the future.

"It’s great to be recognized for the very things we believe really matter," said Michael Foit, chief executive officer of Apex. "We are looking for entrepreneurs who thrive on high-energy, high-fun and high-customer-satisfaction approaches. Inclusion on this list validates that focus."

You can view the full list by clicking here.

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