Restoration 1 Franchise Named to INC. Magazine’s List of Fastest Growing Private Companies
For the second year in a row, the rising restoration franchise makes the list of the fastest growing companies in the nation
Restoration 1, the top-rated restoration franchise, was recently named to INC. Magazine’s annual Inc. 5000 list of the fastest growing private companies.
This is the second 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.
Ranking at #3823 out of 5000 companies, Restoration 1 was singled out for its three-year revenue growth of 94%. In that same timespan, Restoration 1 doubled the size of its franchise network to close to 300 locations across the nation. Recently, the company declared that its goal is to double the franchise system again, and with strong growth in 2020, including entering multiple states for the first time, Restoration 1 is off to the races.
“Our team works endlessly to position Restoration 1 as a leader in our industry and a leader in franchising and it’s an honor to be named to the Inc. 5000 list again,” said Gary Findley, CEO of Restoration 1. “Despite the challenges our world is facing, our business continues to thrive and I credit that to our superior staff, hardworking franchisees and the entire network for continuing to take this organization to the next level.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Founded in 2008, Restoration 1 is an award-winning franchise that provides 24/7 water damage, fire damage restoration and mold remediation services to communities throughout the country. Restoration 1 is a low-cost opportunity with incredible ongoing franchise support. We’re passionate about helping entrepreneurs achieve their dreams through business ownership, and if you’re ready to take your future into your hands, investing in a Restoration 1 franchise is a wise choice.