HomeVestors Ranks in Entrepreneur’s 2016 Top Franchises
DALLAS - February 17, 2016 - (BUSINESS WIRE) - HomeVestors of America, the We Buy Ugly Houses® people, announced the company has made the Entrepreneur Magazine 2016 Franchise 500 list. HomeVestors ranked among the top 100 franchise companies, placing at the number 91 spot, which is 36 positions ahead of their placement in 2015.
“This is our eighth year to make Entrepreneur’s list and it is such an honor for us to be included,” said David Hicks, co-president of HomeVestors. “We are especially proud to be in the top 100 this year.”
“This list is based on our independently owned and operated HomeVestors® franchisees’ financial strength and stability, growth rate and size of the system,” said Ken Channell, co-president of HomeVestors. “Moving up on this list, especially within the top 100, really shows the dedication and hard work each of our franchisees put into their work.”
Additional consideration for this ranking includes the number of years a company has been in business and the length of time it has been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. A total of 951 companies that participated met these qualifications. The top 500 are ranked on the list and are included in the magazine’s January 2016 issue.
Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 65,000 houses bought since 1996. HomeVestors® recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the "We Buy Ugly Houses®" company, HomeVestors strives to make a positive impact in each community. In 2015, for the tenth consecutive year, HomeVestors was among the prestigious Franchise Business Review's "Top 50 Franchises," a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2015, HomeVestors was recognized as the 19th fastest growing franchise by Entrepreneur Magazine and in 2016 the company is number 91 in the Franchise 500 by Entrepreneur Magazine. For more information, visit www.HomeVestors.com.