Neighborly® Celebrates Record Number of Service Brands Ranked in Entrepreneur’s 39th Annual Franchise 500®
WACO, Texas (January 22, 2018) – After a record-breaking year of growth, Neighborly, formerly Dwyer Group, one of the world’s largest franchising companies of trade service brands, is kicking off 2018 with a record-setting 10 service brands ranked to Entrepreneur magazine’s Franchise 500 list. Published annually in the January/February issue of Entrepreneur, the iconic list ranks franchise concepts based on emerging trends and industries headed for growth in the coming year.
Neighborly service brands were recognized in the Franchise 500 in the following order:
- Molly Maid - #174
- Glass Doctor - #179 (ranked #1 in its category)
- Mr. Rooter - #276
- Window Genie- #302
- Mr. Handyman Int’l LLC - #371
- Rainbow International Restoration & Cleaning- #409
- Mr. Appliance LLC - #438
- Five Star Painting - #457
- The Grounds Guys - #478
- Aire Serv - #500
“We are incredibly honored to have 10 of our service brands recognized by such a respected and prominent ranking,” said Mike Bidwell, president and CEO of Neighborly. “I credit our talented team members and outstanding franchisees who work extremely hard to boost job creation, deliver superior customer service and create a positive impact in every community.”
In 2017, a historic year of growth and acquisitions, Neighborly acquired two new brands, Bright & Beautiful and Countrywide Grounds Maintenance. The acquisitions, along with strong growth of existing service brands, expanded the overall Neighborly roster to 17 franchise service brands and more than 2,800 franchise locations in nine countries around the world. Today, Neighborly’s service brands account for more than $1.5 billion in annual system-wide sales and 700+ employees across North America, the U.K. and Germany.
Also in 2017, Neighborly launched its comprehensive home services platform, Neighborly. The platform brings together Neighborly’s community of experienced service professionals and gives U.S. homeowners premium access to a network of experts at GetNeighborly.com and GetNeighbourly.ca in Canada – including landscaping, plumbing, painting, housecleaning and more.
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.
Over its 39 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees.
To view a complete list of all recipients on Entrepreneur’s 39th Annual Franchise 500 visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2018 issue of Entrepreneur magazine now on newsstands.
Founded in 1981 and based in Waco, Texas, Neighborly is a holding company of 19 consumer brands, 17 of which support franchise organizations under the umbrella brand Neighborly in the United States and Neighbourly in Canada. Neighborly™ is a community of experts who repair, maintain and enhance properties united under one platform to better meet the needs of today’s consumer. Collectively, these concepts offer customers a broad base of residential and commercial services. Neighborly is a portfolio company of The Riverside Company®, a global private equity firm. The firm’s international portfolio includes more than 75 companies. More information about Neighborly/Neighbourly, and its franchise concepts, is available at www.getneighborly.com and www.getneighbourly.ca, respectively. Learn more about Neighborly at www.dwyergroup.com.
For more information, contact:
Cortney Haygood, BizCom Associates
(469) 442-7152/ [email protected]