Z-CoiL® Pain Relief Footwear® Ranks #14 Among Entrepreneur's Top New Franchises in 2010
Albuquerque, NM - March 2010 - Specialty footwear franchise Z-CoiL Pain Relief Footwear ranks as the #14 Top New Franchise in 2010 according to Entrepreneur magazine, a step up from its #29 spot last year. This prestigious annual listing includes companies from Entrepreneur's Franchise 500 that began franchising within the last five years. Z-CoiL is ranked #411 in that listing, and also placed sixth in a new Health Products category.
In business since 1995 and franchising since 2005, Z-CoiL has grown from a small retail store in Albuquerque, New Mexico, to a network of over 230 retail locations across the U.S., Canada and Puerto Rico, 65 of them franchises. It is this robust growth and stability, combined with low franchise startup costs and corporate support, that merits the company's rise in the ranks.
Growth of a Franchise
Z-CoiL Footwear first appeared on the scene in 1995 as Z-Tech, Inc. in Albuquerque, New Mexico, launched by inventor/entrepreneur Alvaro Z. Gallegos and his son, Andrés Gallegos. By 2000, independent dealers of the shoes were springing up around the country, nearly all of them Z-CoiL customers who felt their lives had been changed by the pain-relieving benefits of the shoes, and who wanted to bring their own miraculous experience with Z-CoiL to others suffering from foot, leg, and back pain.
In 2005, the company decided to franchise its operations to help raise national awareness of the Z-CoiL brand and to improve consistency across the distributor network. Most of the existing independent dealers soon converted to franchises bearing the name Z-CoiL Pain Relief Footwear.
Two years later, to meet the growing demand for the footwear in smaller markets that could not necessarily support a franchise devoted to a single brand, Z-Tech, Inc. opened its distribution channel to include "Affiliate Vendors." These are existing comfort shoe stores or otherwise compatible retail outlets that can provide the superior customer service and custom-fitting expertise that are the hallmark of a Z-CoiL store.