Fast-growing restoration franchise appears on the Inc. 5000 for the first time
Restoration 1, the nation’s fastest-growing restoration franchise, was recently honored with a high ranking on Inc. magazine’s annual Inc. 5000 list. The list is widely regarded as the most prestigious ranking of the nation’s fastest-growing private companies.
This is the first time Restoration 1 has been included on the list that represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses.
“Over the past three years, Restoration 1 has experienced immense growth, and I am honored to be ranked on the Inc. 5000 list,” says Gary Findley, CEO of Restoration 1. “This is proof to our entire franchise network that hard work pays off, and it’s only the beginning for our brand. I look forward to the years ahead as we continue to grow Restoration 1 across the United States.”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Founded in 2008, Restoration 1 is an award-winning franchise that specializes in a wide array of emergency mitigations, restoration and reconstruction services. An industry innovator, the Texas-based company uses advanced technologies and tools to perform restoration for both residential and commercial properties that have been damaged due to water, smoke, fire, mold, storms and more. There are more than 250 locations open and in development throughout the U.S. with plans to expand to more than 500 locations nationwide in the next four years.
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