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For companies in the restoration services industry, the focus is on cleaning, repair, and rebuilding services that restore significantly damaged commercial and residential properties to their former glory. The same goes for SERVPRO, they have some knowledge of glory. It’s the glory of the franchise.
If 21cent SERVPRO has been named #1 in the Restoration Services category on Entrepreneur’s annual Franchise 500 list for consecutive years.This year, the company achieved 11th placeth Overall, we moved up five places from last year.
The Franchise 500 in 2024 is entrepreneuris the most competitive ever, with 1,389 franchisors applying, a record number. SERVPRO has consistently experienced strong unit growth, ranking in the top 5% of all companies for size/growth, top 10% for franchise support, top 5% for brand strength, and top 5% for financial strength. doing.
SERVPRO is not a company familiar to the Franchise 500. The company has ranked on the list every year for his nearly 40 years (39 years). And here’s the kicker. SERVPRO has maintained its top spot in the Restoration Services category for 21 consecutive years. Also, in the US and Canada he boasts 2,199 franchise units, an increase of nearly 20% over the past three years.
In other words, they are a force to be reckoned with in the franchise. “As the most popular brand in our space, our franchisees are energized by the brand recognition we enjoy,” said Mike Stahl, SERVPRO Senior Vice President and Chief Marketing Officer. says. “When disaster strikes, SERVPRO is your immediate choice.”
New leadership and (even more) new plans to raise awareness.
Stahl says 2024 will be another breakthrough year for SERVPRO. To further expand awareness of the SERVPRO brand, the company is planning two new national sponsorships for him. One is the official marketing partner of the LPGA Tour. The other will be the title sponsor of the Firefighter Challenge League, a sports league for firefighter athletes from around the world, joining SERVPRO’s support of first responders across the country.
The company recently hired Brett Ponton as CEO. Ponton “brings a wealth of experience to the brand from both a franchisor and franchisee perspective,” Stahl said. “Our system eagerly looks forward to the innovative opportunities that new leadership will bring to our brand, working with Blackstone owners.”
click here Learn more about SERVPRO and see if this franchise opportunity is right for you.
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