SERVPRO Earns Top Restoration Services Franchise
As one of over 1,700 individually owned and operated SERVPRO franchises, we are proud to acknowledge the achievements of the corporation we belong to. This year, 2018, marks the 15th consecutive year SERVPRO has been named the top franchise opportunity within the restoration services category by Entrepreneur Magazine.
When looking beyond just the restoration services industry, SERVPRO ranks as the 12th best Franchise opportunity, just behind Jimmy John’s Gormet Sandwiches and right above Culver Franchising System Inc. McDonald’s is at the top of the list followed by 7-Eleven Inc.; Dunkin’ Donuts, The UPS Store, and RE/MAX LLC round out the top 5.
Entrepreneur Magazine is diligent in creating a ranking system that maintains objectivity, through quantifiable metrics, to best inform readers. Their system is called the “five pillars of the Franchise 500”. Included underneath each pillar, as bullet points, are the key factors which makeup that pillar.
Costs & Fees
- Franchise fee
- Total investment
- Royalty fees
Size & Growth
- Open & operating units
- Growth rate
- Training times
- Marketing support
- Operational support
- Franchisor infrastructure
- Financing availability
- Social media
- System size
- Years in business
- Years franchising
Financial Strength & Stability
- Franchisor’s audited financial statements
SERVPRO surely excels in the areas of “brand strength” and “support”. The bright orange and vibrant green colors allow for a strong, impactful, and recognizable brand. In addition, with over 1,700 franchises, SERVPRO’s brand impresses with a depth of industry knowledge and experiences shared between all past and existing franchises.
With so many franchises many areas are home to multiple SERVPRO’s. At the corporate level SERVPRO has a well-defined territory map that allows all franchises to not compete against one another, but support one another. This allows SERVPRO franchises to share jobs as well as industry knowledge.
Corporate headquarters is also very responsive and always available to assist franchises with any new obstacles encountered. When trying to contact corporate headquarters they don’t encumber you with automated answering services, multiple phone transfers, or constantly referring you back to the website for help. You often end up talking to many of the same people, which helps build a more personal and honestly helpful communication structure. This all leads to a truly helpful support system that flows from the top down.
Here at SERVPRO of NE Albuquerque we’ve been in business for 20 years now. We can testify for the longevity of opening up a SERVPRO franchise. We’ve been able to grow locally over this time along with corporate nationally. We are just one of over 1,700 different entrepreneurs whom have benefited from the top quality franchisor that is SERVPRO. If you, or anyone you know, is interested in getting into the restoration industry with their own business, we highly recommend considering franchising with SERVPRO. The help and brand name recognition gives benefits in the short and long term.
As one of the many limbs that makeup the franchise, we are proud to share in the announcement of SERVPRO’s award.