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Wednesday, Apr 10, 2019
PUROCLEAN NAMED A TOP FRANCHISE IN ENTREPENEUR MAGAZINE’S 40TH ANNUAL FRANCHISE 500®
Thriving Restoration and Remediation Franchise Jumps 79 Spots in Highly Competitive Ranking
Tamarac, FL. – (January 25, 2019) ? – PuroClean, a leading restoration and remediation franchise, today announced it has earned the number 179 spot on Entrepreneur magazine’s 2019 Franchise 500®, catapulting up 79 spots from its previous position. The world’s first, best, and most comprehensive franchise ranking, the Franchise 500® gave PuroClean top marks for its fee structure, size, growth, franchisee resources, business strength, and other factors.
One of the fastest-growing franchises in the United States, PuroClean enables business owners to capitalize on diverse revenue opportunities and offers unparalleled support. With a strong business-to-business program, as well as a business-to-consumer sales model that has proven effective, the company offers a pathway to success in the recession-proof, multimillion-dollar property damage restoration industry. PuroClean has earned countless accolades for its innovation within franchising, including recognition for its PuroVet program, which puts military veterans into business ownership.
“Entrepreneur’s Franchise 500® list is one of the most sought-after honors in our field, and we are incredibly happy to be included again, with our best ranking in the last three consecutive years of being named on this prestigious list,” said Steve White, president and chief operating officer at PuroClean. “The leap we’ve made on this year’s list is just one example of the hard work and dedication our franchise owners and support team members put in each and every day. We appreciate the recognition by Entrepreneur magazine and look forward to a great year ahead as we expand the services and support we offer to aspiring entrepreneurs and franchise owners across the North America.”
Each year, PuroClean performs thousands of jobs throughout the United States and Canada, providing restoration services from common household mishaps to large-scale disasters. The company currently has a comprehensive network of more than 270 franchise offices around North America that provide fire and smoke damage remediation, water damage remediation, flood water removal, mold removal, and biohazard cleanup, among other services. Many of the offices also offer reconstruction services.
A trusted voice in the franchise industry for more than 40 years, the Franchise 500® has become the preeminent measure for franchisors and a primary research tool for potential franchisees looking to start a business. This year, more than 1,000 companies applied for inclusion in the Franchise 500® list, making it the most competitive rankings to date. Franchises are evaluated on costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
Known as the “Paramedics of Property Damage®,” PuroClean provides fire and smoke damage remediation, water damage remediation, flood water removal, mold removal, and biohazard cleanup to commercial and residential customers. Founded in 2001, PuroClean has a comprehensive network of 270-plus franchise offices across North America. PuroClean technicians are thoroughly screened, insured, and trained in utilizing the latest in mitigation technology and procedures, while operating under a strict code of ethics. Each PuroClean office is independently owned and operated.