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FOR IMMEDIATE RELEASE |
JANUARY 31, 2008 |
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Strength and Stability Major Factors in Being Judged Top Floorcoverings Franchise in Franchise 500 List
January 31, 2008 // Franchising.com // St. Louis, MO – ProSource Wholesale Floorcoverings, the largest professionals-only wholesale flooring showroom in North America, has been recognized as the No. 1 floorcoverings franchise in the Entrepreneur Franchise 500 listing. The company is also cited as being the No. 277 franchise overall.
"ProSource Wholesale Floorcoverings model is the proven leader and innovator in the industry," said Mark Jameson, vice president of franchise development with ProSource Wholesale Floorcoverings. "Our investment to the growth of the brand and our franchisees has been an influential factor in receiving this honor and will continue to play a great role in the future as ProSource continues to implement its growth strategy."
Entrepreneur considers many factors in determining its rankings. Among the most important criteria are financial strength and stability, growth rate and size of the system. Also considered are the number of years in business and length of time franchising, start-up costs, litigation, and percentage of terminations and whether the company provides financing. All companies, regardless of size, are judged by the same criteria.
The company plans to have a strong placement in the ranking again in 2009 due to expansion plans calling for 20 new locations by the end of 2009. Targeted metro markets include Miami; Washington, D.C.; Los Angeles; San Francisco and Orange County.
About ProSource Wholesale Floorcoverings
ProSource is the #1 professionals-only flooring showroom franchise in North America. With more than 150 showrooms in the United States and Canada, and $3 billion in annual buying power among its affiliates, ProSource guarantees professionals the largest selection of name brand flooring at the lowest price. Each showroom offers more than 20,000 flooring choices from the world's leading manufacturers. Showrooms are available exclusively to trade professional members and their clients. For additional information about products, services and the ProSource franchise opportunity, visit www.prosourcefloors.com or call Mark Jameson at 800-466-6984, ext. 1136.
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ProSource is not currently advertising on Franchising.com. For similar opportunities please visit our flooring franchise opportunities section which lists companies that are actively recruiting new franchisees and area developers.
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