Al & Ed's Autosound Ranked on Entrepreneur Magazine's Franchise 500 List.Business Editors/Automotive Writers VAN NUYS, Calif.--(BUSINESS WIRE)--Jan. 7, 2004 Company that Helped Shape Development of Southern California's Car Culture Earns Prestigious Spot at Beginning of Golden Anniversary Celebration Year Al & Ed's Autosound, California's first and largest mobile electronics and communications specialist, has been ranked as one of the top 500 franchising opportunities in the world, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Entrepreneur Magazine Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities. This magazine is published monthly, with a total of 12 issues annually. (No special extra issues are published. . The Entrepreneur Magazine Franchise 500 rankings placed Al & Ed's as the #3 franchiser in the "Miscellaneous Automotive Products and Services" category and 430th overall. The 25th annual rankings are included in the January January: see month. 2004 issue of the publication. "Being named among the top franchisers in the world is a fantastic way to kick-off our 50th anniversary celebration," said Gabi Mashal, president of Al & Ed's Autosound. "Moreover, being ranked #3 among automotive-related businesses shows that we continue to grow and play an influential role in the evolving American car culture, just as we have since 1954." The Entrepreneur Magazine Franchise 500 is an annual index of franchises in the world based on financial strength and stability, growth and size of the franchise system, number of years in business, length of time franchising, start-up Start-up The earliest stage of a new business venture. costs, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , percentage of terminations, and company's franchise financing mechanisms, if any. About Al & Ed's Autosound Founded in 1954, Al & Ed's Autosound has grown to become the largest mobile electronics and communications specialist, with more than 29 Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, stores. As a recognized leader in the mobile electronics industry, Al & Ed's Autosound has been an instrumental partner in the pioneering of innovations such as FM radio for cars, cassette A removable magnetic tape storage module that contains supply and takeup reels (hubs) in the same housing. Most audio tapes and videotapes use cassettes as well as backup tape technologies such as DAT, 8mm and Magstar MP (see below). players for cars, and the first car alarms, and is viewed within the mobile electronics industry as a barometer for the industry in Southern California. For more information, visit www.al-eds.com. |
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