HomeVestors Named One of Fastest-Growing Franchises by Entrepreneur
We Buy Ugly Houses® Company Rises to Number 20 on Annual Ranking
DALLAS - (BUSINESS WIRE) - March 26, 2018 - America’s number one home-buyer, HomeVestors, has once again ranked on Entrepreneur Magazine’s annual Fastest-Growing Franchises list, rising to number 20. HomeVestors is the largest professional home buying network of independently owned and operated franchisees in America, adding 231 franchisees in 2017 alone.
Entrepreneur’s highly competitive annual fastest-growth list is culled from Entrepreneur’s Franchise 500®. The list’s rankings are based on the number of new franchise units added in the United States and Canada from July 2016 to July 2017, as verified by the magazine.
“The last year has been a real testament to how successful our model is,” said David Hicks, CEO of HomeVestors. “In the midst of this incredible growth, one of our franchisees purchased the company’s 85,000th house since we began franchising in 1996. Ours is the original professional home buying franchise, and we’re honored to be recognized for our continued success that reflects both the new life we are bringing to neighborhoods across the country, and the new opportunities each of these individuals has realized in becoming a HomeVestors® franchisee.”
Independently owned and operated HomeVestors franchises operate in 152 markets across America to purchase and improve approximately 8,000 houses each year. HomeVestors can be seen in the Entrepreneur Fastest-Growing Franchises list currently on newsstands, as well as online at entrepreneur.com/franchises/fastestgrowing.
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 85,000 houses bought since 1996. HomeVestors® recruits, trains and supports its more than 900 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 of its communities. In 2017, for the 12th consecutive year, HomeVestors was among the prestigious Franchise Business Review's "Top Franchises,” and ranked on the annual Dallas 100 for the sixth time. HomeVestors was also recognized as the 20th fastest growing franchise by Entrepreneur Magazine, number 37 on the Franchise 500 by Entrepreneur Magazine, and number 200 on the Franchise Times Top 200. For more information, visit www.HomeVestors.com.
For HomeVestors of America, Inc.
SOURCE HomeVestors of America, Inc.