Junk King Ranks on Inc. Magazine’s List of California’s Fastest-Growing Private Companies
March 17, 2021 // Franchising.com // BURLINGAME, Calif. - Inc. magazine revealed today that Junk King has been named to its second annual Inc. 5000 Regionals: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise list, this regional list represents a unique look at the most successful companies within the California economy’s most dynamic segment - its independent small businesses.
“I attribute Junk King’s success to our corporate and franchisee family who have all dedicated themselves to making us the resilient and essential business that we have become to consumers and businesses,” said Michael Andreacchi, CEO of Junk King. “Being ranked on the Inc. 5000 franchise list last year for the first time and now being recognized as a leader by Inc. 5000 in our home state, it’s a testament to our hard work and commitment to the local communities we serve. I’m so proud of our growth, and 2021 is already looking strong for us.”
The companies on this list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535 percent and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas - Los Angeles, the Bay Area, and San Diego - brought in the highest revenue overall.
“This list proves the power of companies in California no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
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