March 06, 2017 // Franchising.com // WACO, Texas - Capitalizing on extensive recent system growth, including signing a record number of franchise agreements last year, Restoration 1® has earned its first ranking in the 2017 Fastest Growing Franchises List by Entrepreneur magazine. The company specializing in water, fire, smoke and mold remediation, was ranked #72 on the list.
Quickly making a name as one of the fastest-growing restoration franchises in the country, Restoration 1® also recently earned its highest ranking in the brand’s history on Entrepreneur’s prestigious Franchise 500® list when it jumped from #383 in 2016 to #96 in 2017.
“We have attracted a great group of passionate and talented franchise owners to our team. We’ve been growing fast and don’t plan to start slowing down anytime soon,” said Gary Findley, CEO of Restoration 1®. “Earning our first ranking as one of Entrepreneur’s Fastest Growing Franchises is a great indicator for what we have in store for the year ahead.”
After being named CEO last year Findley has aggressively grown the franchise brand, awarding over 75 franchise agreements in 2016 with plans to add another 100 franchises this year and has an additional goal of expanding internationally.
Collected from Entrepreneur's Franchise 500® list, this ranking was earned based on the number of new franchise units added from July 2015 to July 2016.
Founded in 2008, Restoration 1® is an award-winning franchise that specializes in a wide array of emergency mitigation, restoration, and reconstruction services. An industry innovator, the Texas-based company uses advanced technologies and tools to perform restoration for both residential and commercial properties that have been damaged due to water, smoke, fire, mold, storms and more. There are more than 100 locations throughout the U.S. with plans to expand to more than 400 locations nationwide in the next four years. For more information about Restoration 1®, visit www.restoration1.com.
SOURCE Restoration 1®