SERVPRO is #1 in the Restoration Services Industry
3/16/2018 (Permalink)
SERVPRO , a cleanup and restoration franchise company, continues to dominate its segment of Entreprenuer magazine's Franchise 500 list, receiving top ranking in the Restoration Services industry, for the 15th consecutive year.
Sue Steen, SERVPRO Industries, Inc., CEO, said the company also achieved the number 12 spot overall in the prestigious rankings, standing out in a record-breaking group of more than 1,020 franchises qualified for the 2018 list.
SERVPRO was among 20 other highly recognizable companies such as McDonalds (#1 overall), Re/Max, 7-Eleven and Supercuts to name a few.
Globe Newswire says The purpose of this list is to use objective and quantifiable measures of a franchise operation to help those would-be entrepreneurs identify franchise investment opportunities, and the evaluation process is based on "The Five Pillars of the Franchise 500".
- Costs and Fees
- Size and Growth
- Support
- Brand Strength
- "Our results show that the industry is strong—and that the strongest franchisors are those who've learned to balance between innovating to attract new customers and remaining reliable enough to keep the old ones happy."
In an online article by Globe Newswire, Sue Steen, SERVPRO Industries, Inc., CEO was quoted as saying, “SERVPRO’s financial strength and stability, growth rate, and system size all contribute to the company’s success, and by extension to the success of its franchisees. The commitment to excellence starts at the top and carries through to the service each franchisee provides to each and every customer.”