Restoration 1® was recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500® places Restoration 1® as #96 for its exceptional performance in areas including financial strength and stability, growth rate, and brand power.
“This milestone is a true testament to the brand’s appeal and the ever-growing demand for restoration and mitigation services,” said Gary Findley, CEO of Restoration 1®. “Even as we grow, customer satisfaction is still our biggest priority, and we are excited to bring our reliable services to more communities throughout the nation. It’s been a great year for the company and we anticipate many more milestones in 2017.”
“We spend months gathering and crunching data in order to produce the Franchise 500 ranking. We’re proud of the result and the way it continues to be a resource for the franchise community,” says Jason Feifer, editor in chief of Entrepreneur. “Like every industry, franchising is ever-evolving and must smartly react to new technologies and consumer demands. We know it takes a lot to stay competitive, and are excited to celebrate those that do it best.”
Over its 38 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Restoration 1®’s position on the ranking – which jumped 287 spots within one year, moving from #383 in 2016 to #96 in 2017 – reinforces its strength in the industry.