SERVPRO® Named Top Franchise Opportunity in Restoration Services Category for the 15th Consecutive Year
SERVPRO®, a cleanup and restoration franchise company, continues to dominate its segment of Entrepreneur magazine’s Franchise 500 list, receiving top ranking in the Restoration Services industry for the 15th consecutive year. Sue Steen, SERVPRO Industries, Inc., chief executive officer, 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.
The purpose of the Franchise 500 list is to use objective and quantifiable measures of a franchise operation to help would-be entrepreneurs identify franchise investment opportunities. The evaluation process is based on what the magazine calls “The Five Pillars of the Franchise 500©”: Costs and Fees, Size and Growth, Support, Brand Strength, and Financial Strength and Stability.
“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,” said Steen. “The commitment to excellence starts at the top and carries through to the service each franchisee provides to each and every customer.”
Steen says key differentiators set SERVPRO apart from the competition, making it a strong business opportunity for both existing franchisees and would-be entrepreneurs. Those differentiators are:
- SERVPRO’s strength as a brand, enabling the company to form national partnerships with organizations like the PGA TOUR®.
- SERVPRO’s commitment to being a learning organization, helping franchisees plan, track, and deliver best-in-class services to consumers.
- SERVPRO’s focus on continued technological development and support, resulting in industry-leading proprietary software and systems.
“SERVPRO was founded in 1967 as a painting company. Today, we are a mature restoration services organization with more than 1,700 individually owned and operated locations under a single brand,” said Steen. “Our franchisees respond to property damage emergencies ranging from small individual disasters to multi-million dollar large-loss events. Maintaining our position for 15 consecutive years as the best franchise opportunity in our category on the Entrepreneur Franchise 500 list validates our long-standing strategy for growing our brand: invest in franchisee training and support, and commit resources to continually improving our infrastructure.”