Restoration 1 Ranked on Franchise 500 for Ninth Consecutive Year
WACO, Texas—February 24, 2021—Restoration 1, a well-known and growing restoration franchise based in Texas, recently ranked on Entrepreneur magazine’s Franchise 500, earning the #183 spot. This marks the ninth consecutive year Restoration 1 ranked on the magazine’s annual list of top franchises.
Over its 42 years in existence, the Franchise 500 has become a competitive measure for franchisors as well as a primary research tool for potential franchisees. Restoration 1’s position on the ranking is a testament to its strength as a franchise opportunity.
“Restoration 1 is thrilled to be positioned once again in Entrepreneur’s Franchise 500 list,” said Gary Findley, CEO of Restoration 1. “This ranking continues to underscore our strong franchise business model, our growing network of locations, and our incredible role as an essential business needed at all times in all economies.”
In Entrepreneur uses an evolving ranking formula that evaluates factors like costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” said Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
To view Restoration 1 in the full ranking, visit www.entrepreneur.com/franchise500 or check out the January/February 2021 issue of Entrepreneur.
Founded in 2008, Restoration 1 is an award-winning franchise that specializes in a wide array of emergency mitigations, restoration, and reconstructions services. There have been 350 agreements awarded throughout the U.S. with plans to expand to more than 500 locations nationwide in the next couple of years. To learn more about opening a Restoration 1 franchise, visit restoration1franchise.com.