Neighborly® Achieves Historic Franchise Recognition
Neighborly®, the largest home services company globally, has achieved a remarkable milestone by having all 19 of its North American brands recognized in Entrepreneur Magazine's esteemed Franchise 500® ranking. This significant accomplishment marks the first time in the company's history that all its brands made it onto this respected list, showcasing its comprehensive excellence in the franchise industry. The recognition highlights the unwavering dedication of Neighborly's franchise owners and their commitment to providing top-tier home services across North America.
Milestone Moment
Mike Davis, the CEO of Neighborly, emphasized the importance of this achievement. “What makes this remarkable is the collective success of our brands earning this incredible recognition. This milestone would not have been possible without the dedication, hard work, and perseverance of our franchise owners,” said Davis. He expressed enthusiasm for the future, stating that the company aims to build on this momentum to empower its franchisees in delivering exceptional service to customers.
Notable Rankings
Among the highlights of the Franchise 500 for Neighborly brands, seven secured the esteemed No. 1 rank in their respective categories. These brands include:
- - Real Property Management - Ranked #85
- - Mr. Rooter® Plumbing - Ranked #104
- - Mr. Electric® - Ranked #169
- - Glass Doctor® - Ranked #178
- - Aire Serv® - Ranked #256
- - Precision Garage Door Service® - Ranked #290
- - Dryer Vent Wizard® - Ranked #369
This recognition reflects their outstanding performance in various key metrics such as unit growth, financial strength, and overall brand power. Other Neighborly brands also achieving distinction in this year's ranking include Molly Maid® at #83 and Rainbow Restoration® at #110.
Franchise Excellence
For nearly five decades, the Entrepreneur Franchise 500® has served as a benchmark for franchise excellence, recognized as an invaluable resource for prospective franchisees. Each franchise is evaluated based on a comprehensive analysis of over 150 different data points, including costs, support, brand strength, and financial stability, culminating in a cumulative score that determines their placement on the list.
Brad Stevenson, Chief Development Officer at Neighborly, commented on how the company's franchise model, extensive training, and support systems have contributed to this success. “This milestone validates the strength of our franchise system and the exceptional capabilities of our brands,” Stevenson stated.
Continued Commitment
As Neighborly celebrates this historic accomplishment, the company remains focused on investing in the growth and success of its franchise owners. The combined efforts of the franchise owners and the corporate team have propelled Neighborly into the spotlight, affirming its status in the home services industry.
For those interested in exploring the entire list of Neighborly brands and their rankings in the Franchise 500®, further details can be found on the Entrepreneur Magazine website. Neighborly continues to connect a diverse range of service offerings through its network, ensuring high-quality services for customers nationwide.
In an ever-evolving marketplace, Neighborly remains committed to adapting and thriving, offering support and resources to its franchisees.
To learn more about Neighborly and the various franchise opportunities available, visit
Neighborlybrands.com.