Highlights of this year’s Neighborly rankings include six total brands ranked No. 1 in their respective categories and three brands making first-time appearances within the top 200
Waco, Texas (Feb. 8, 2022) – Neighborly brands Aire Serv®, Five Star Painting®, The Grounds Guys®, HouseMaster®, Glass Doctor®, Molly Maid®, Mosquito Joe®, Mr. Appliance®, Mr. Electric®, Mr. Handyman®, Mr. Rooter®, Precision Door Service®, Rainbow International®, Real Property Management and ShelfGenie® were all included among the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking.
“I am filled with pride at the significant presence our deserving Neighborly brands have in this year’s Franchise 500 ranking, especially when positioned alongside so many other impressive franchise organizations,” said Brad Stevenson, Chief Development Officer for Neighborly. “Our global franchise network has worked tirelessly in spite of the various challenges brought on by the pandemic to deliver the best we can to the communities we serve while also continuously adding value of the franchise opportunities we provide and achieving this recognition on behalf of so many of our brands is a testament to the positive impacts we’re making as a result of this collective dedication.”
The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchise owners, the 2022 Franchise 500® ranks these 15 Neighborly brands for their outstanding performance in areas including unit growth, financial strength and stability and brand power:
- Molly Maid #69
- Mr. Rooter #131
- Rainbow International #139
- Mr. Appliance #154
- Real Property Management #196, Ranked #1 in Category
- Mosquito Joe #207, Ranked #1 in Category
- Aire Serv #231, Ranked #1 in Category
- Glass Doctor #232, Ranked #1 in Category
- Five Star Painting #237
- Mr. Electric #240, Ranked #1 in Category
- House Master #275
- Mr. Handyman #286
- ShelfGenie #303
- Precision Door Service #323, Ranked #1 in Category
- The Grounds Guys #400
Among noteworthy rankings for Neighborly brands on this year’s Franchise 500 are first-time placements in the top 200 for Real Property Management, Mr. Rooter Plumbing and Rainbow International. Additionally, six total Neighborly brands – Aire Serv, Glass Doctor, Mr. Electric, Precision Door Service and Real Property Management – all earned the No. 1 spots on the list for their respective franchise categories.
“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including 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.
Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. The 15 Neighborly brands’ positions on the ranking are a testament to their strength as franchise opportunities.
To view the selected Neighborly brands in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2022 issue of Entrepreneur, now available on newsstands.
Neighborly® is the world’s largest home services franchisor of 29 brands and nearly 5,000 franchises collectively serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. The company operates online platforms that connect consumers to service providers in their local communities that meet their rigorous standards as a franchisor across 18 service categories at Neighborly.com. More information about Neighborly, and its franchise concepts, is available at Neighborlybrands.com and through the Neighborly app. To learn about franchising opportunities with Neighborly®, click here.
For more information, contact:
Loren Brown, BizCom Associates
(817) 913-0194 | Loren@BizComPR.com