TL;DR
16 Neighborly brands were ranked in Entrepreneur's Franchise 500, including Mr. Electric and Glass Doctor. The rankings are based on factors such as unit growth, financial strength, and brand power.
The 2023 Franchise 500® ranks these 16 Neighborly brands for their outstanding performance in areas including unit growth, financial strength and stability and brand power:
Mr. Electric #168, Ranked #1 in Category
Glass Doctor #180, Ranked #1 in Category
Aire Serv #207, Ranked #1 in Category
Precision Door Service #375, Ranked #1 in Category
Mr. Rooter Plumbing #129
Rainbow Restoration #132
Mr. Appliance #135
Molly Maid #142
Mosquito Joe #167
Real Property Management #187
HouseMaster #225
Mr. Handyman #236
Five Star Painting #261
ShelfGenie #281
The Grounds Guys #303
Window Genie #426
Mr. Electric, Glass Doctor, Aire Serv and Precision Door Service earned the No. 1 spots on the list for their respective franchise categories. Additionally Mr. Rooter, Rainbow Restoration, Mr. Appliance, Molly Maid, Mosquito Joe, Real Property Management, Mr. Electric and Glass Doctor made appearances in the top 200 list.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-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.
In this story
This story was originally published in Franchising.com on January 13, 2023. Burnaze summarizes and links to the original reporting.
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