HomeVestors® Named One of Fastest-Growing Franchises by Entrepreneur Magazine
March 21, 2017 // Franchising.com // DALLAS - HomeVestors of America, the largest professional home buying network of independently owned and operated franchisees, was recently ranked in Entrepreneur magazine’s Fastest-Growing Franchises list. The highly competitive list recognizes the 100 companies with the greatest franchise unit growth in North America, based on data submitted for Entrepreneur’s Franchise 500® ranking. Thanks to exceptional growth that brought the total number of franchises to nearly 800, HomeVestors, the “We Buy Ugly Houses®” company, was ranked number 52.
“For more than 20 years, HomeVestors has been helping homeowners bypass the challenges of fixing, owning and selling homes in need of attention and repair,” said David Hicks, HomeVestors co-president. “The almost 800 franchises that have joined our ranks since 1996 and have thrived in not only providing this convenient service to sellers, but also helping to improve and beautify neighborhoods across America. As the original professional home buying franchise, we’re honored to be recognized for our continued success and appeal as a business.”
“Growth is what the franchise model is built upon,” says Jason Feifer, editor in chief of Entrepreneur. “The companies on this list are proving that with the right infrastructure, innovation and determination, franchising empowers brands to not only come out of the gate running, but also to sustain impressive growth for nationwide expansion.”
Entrepreneur’s 2017 Fastest-Growing Franchises ranking is based on each company’s net franchise-unit growth in the U.S. and Canada from July 31, 2015 to July 31, 2016, with ties broken based on percentage growth. HomeVestors’ position on the ranking is a testament to the popularity of its concept and strong nationwide brand with both franchisees and customers.
To view HomeVestors in the full ranking, visit entrepreneur.com/franchises/fastestgrowing. Results can also be seen in the March issue of Entrepreneur available now on newsstands.
About HomeVestors of America, Inc.
Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 75,000 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 2017, for the 12th consecutive year, HomeVestors was among the prestigious Franchise Business Review's "Top Franchises," a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2017, HomeVestors was recognized as the 21st fastest growing franchise by Entrepreneur Magazine and number 52 in the Franchise 500 by Entrepreneur Magazine. For more information, visit www.HomeVestors.com.
SOURCE HomeVestors of America, Inc.