Fastest-growing restoration franchise is named to the most prestigious annual list in the franchise industry
The awards are rolling in for Restoration 1, the fastest-growing restoration franchise in the nation. Entrepreneur magazine recently published its annual Franchise 500 and ranked Restoration 1 #165 on the list.
The Franchise 500 list in Entrepreneur is widely regarded as the preeminent franchise ranking. This year the esteemed business publication compared more than 1,000 franchise systems on five key metrics: costs and fees, size and growth, support, brand strength, and financial support and stability. The ranking is compiled to help entrepreneurs choose franchise systems that are worthy investments.
Restoration 1 charted so high on the 2019 list because it performs well in all those metrics. Restoration 1 closed out 2018 celebrating the opening of the 200th location, a milestone that came after CEO Gary Findley took the reins of the brand in 2016 and ushered in an era of unprecedented growth. In two years, Restoration 1 has doubled the size of its franchise network and is establishing itself as a leader in the $210 billion restoration industry.
2019 is shaping up to be yet another milestone year for Restoration 1; Findley has announced the goal of having 300 locations open throughout the country. His motivation is simple: Findley is committed to helping entrepreneurs thrive and prosper in their businesses. As a result, Restoration 1 has made significant investments to simplify its business model, increase franchise support and marketing support, and develop initiatives to help franchisees maximize profitability and scale up to multi-unit ownership quickly.
“We’re honored to be ranked so high on this year’s Franchise 500,” Findley says. “Our No. 1 priority is to help our franchisees thrive in their businesses, and the ranking, as well as our continued nationwide expansion is proof that our efforts are working. As we continue to grow, we’re looking forward to welcoming more entrepreneurs to our franchise family in 2019.”