Restoration 1® Named to Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies – the 2019 Inc. 5000
For the First Time, Restoration 1 Appears on the Inc. 5000, Ranking Number 1415
August 14, 2019 // Franchising.com // WACO, Texas - Inc. magazine today revealed that Waco-based Restoration 1 is No. 1415 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the first time Restoration 1 has been included on the list that represents a unique look at the most successful companies within the American economy’s most dynamic segment - its independent small businesses.
“Over the past three years, Restoration 1 has experienced immense growth, and I am honored to be ranked on the Inc. 5000 list,” said Gary Findley, CEO of Restoration 1. “This is proof to our entire franchise network that hard work pays off, and it’s only the beginning for our brand. I look forward to the years ahead as we continue to grow Restoration 1 across the United States.”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
About Restoration 1
Founded in 2008, Restoration 1 is an award-winning franchise that specializes in a wide array of emergency mitigations, restoration and reconstructions 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 250 locations open and in development throughout the U.S. with plans to expand to more than 500 locations nationwide in the next four years. Restoration 1 has earned numerous rankings from Entrepreneur and is featured in “12 Amazing Franchise Opportunities - Second Edition” by franchise expert Dr. John Hayes. For more information about Restoration 1, visit http://www.restoration1.com.
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
SOURCE Restoration 1