Restoration 1 Drives Brand Equity in 2020
The rapidly expanding restoration franchise had a banner year in 2019, winning multiple awards and opening a record number of locations
If 2019’s success is any indication of how 2020 will roll out for Restoration 1, the fastest-growing restoration franchise in the nation, the Texas-based brand is on par for another milestone year.
Last year, Restoration 1 surpassed 250 locations and expanded into the new markets of Rhode Island and New Hampshire. By Dec. 31, Restoration 1 closed out the year with nearly 300 locations sold throughout 39 states.
Todd Bingham, Vice President of Franchise Development for Restoration 1, attributes the growth in huge part to the brand’s existing franchise owners.
“As new franchisees join our team, they’re conversing with our existing ones about our validation process, support we provide as well as the constant innovation and various ways we help them thrive in business,” Bingham explains. “This is truly invaluable and says everything about our brand and operations. There are only so many ways you can clean up and dry out water. However, what we do differently is help our franchisees ramp up quickly, provide robust support and training and help drive revenue. That’s truly the difference between us and the competition in the industry.”
The industry agrees. Restoration 1 racked up a suite of awards in 2019, including being recognized in the Inc. magazine’s 2019 Inc. 5000, and Entrepreneur magazine’s “Franchise 500”, as well as one of the fastest-growing franchises. Additionally, Restoration 1 was named a 2019 Game Changer by Franchise Dictionary.
The award-winning brand plans to build on this momentum in 2020 by adding 100 locations.
“We want to continue our strong, steady growth and increase our brand awareness and brand equity across the U.S.,” Bingham notes. “As we grow and add locations, we want to remain at the top and forefront of growth in the restoration industry in the franchise space. Furthermore, winning these awards validates what we do because it means we’re doing things right. Most importantly, as Restoration 1 becomes more of a household name, we are helping our franchise owners become more successful. Helping our franchisees thrive in business is most important to us.”
Why You Should Invest in a Restoration 1 Franchise in 2020
As the fastest-growing restoration franchise in the nation, Restoration 1 is poised to become the leading brand in the $210 billion restoration services industry. Whether you have industry experience or not, entrepreneurs can succeed with our proven business model that is easy to scale.
Restoration 1 is absolutely committed to the success of our franchise owners. This is why we provide you with everything you need to quickly ramp up your business and become established in your communities over the long-term. Even better, Restoration 1 is a low-cost opportunity led by a passionate executive team with decades of experience in growing franchise systems and helping entrepreneurs fulfill their dreams of owning a successful business. From the moment you sign your franchise agreement, you will never be alone in business.
“Now is the ideal time to invest in Restoration 1,” says Gary Findley, CEO of Restoration 1. “As the new kid on the block, Restoration 1 has a tremendous opportunity to become the dominant brand in the extremely lucrative restoration industry. The competition is completely out of territory and the independent restoration brands do not have the resources to keep up. I’ve been in franchising for a long time, and Restoration 1 is truly unique. Not only is the brand a nationally recognized leader in mold, fire and water restoration services, but our concept also requires no brick and mortar expenses, zero inventory, and the potential for high volume growth continues, no matter the economic climate. It’s a powerful opportunity for entrepreneurs who want a business they can scale quickly and the support of a franchise system that can give them the tools to be successful over the long-term.”