April 04, 2013 // Franchising.com // Tampa, Fla. - Pillar To Post, North America’s largest home inspection franchise, added four new franchisees this month. With 10 new territories added in the first quarter of the year and another 10 anticipated in the coming weeks, the company is on track to meet its goal of 75 new locations by the end of 2013.
“We’re pleased to continue our expansion with the addition of four outstanding franchisees in March,” said Dan Steward, president and CEO of Pillar To Post. “We know they will be outstanding additions to the Pillar To Post team and will help us grow the brand aggressively in their markets.”
The new franchisees, who graduated from training on Friday, March 22, include Chad and Mary Bridwell of Athens, Ga., Marshall Mayer, who will service the Denver area, Jeff Pegg from Myrtle Beach, S.C., and Joseph Colyer of Orlando, Fla.
With strong growth already in the first quarter of this year, Pillar To Post is continuing last year’s record success. In 2012, the company posted new franchise recruiting numbers 250 percent higher than 2011. The company also saw 20 percent sales growth last year through a combination of more inspections, a broader service offer, and new franchisees.
Growth is helped by the continued resurgence of the real estate industry. According to a report from the National Association of Realtors, existing-home sales in February 2013 increased 10.2 percent over the same period in 2012, and sales were at their highest overall level since November 2009. This means the market is picking back up, signaling strong potential for the growth of home inspection franchises.
Founded in 1994, Pillar To Post is now the largest home inspection company in North America with over 400 franchisees, located in 47 states and 8 Canadian provinces. The company expects to open a total of 75 new locations by the end of 2013; long-term plans include adding 500-600 new franchisees over the next five years. Pillar To Post was ranked the No. 1 home inspection franchise in Entrepreneur magazine’s 2013 Franchise 500®, the world’s first, best and most comprehensive franchise ranking, and earned the distinction of being ranked in Franchise Business Review’s Top 50 in the Large Franchise category for 2013, an award based on overall franchisee satisfaction. For more information, please visit www.pillartopostfranchise.com.
SOURCE Pillar To Post
Sanderson & Associates