TL;DR
360° Painting has been ranked among Inc.'s 5000 Fastest-Growing Private Companies in America due to its 35.5% increase in sales and signing 15 new franchisees. The brand's parent franchisor, Premium Service Brands, saw a 47% increase in aggregate revenue across its six concepts.
360° Painting, one of the nation’s fastest-growing residential and commercial painting franchises, has been listed on Inc.’s 5000 Fastest-Growing Private Companies in America. Inc. selected 360° Painting for this list due to its tremendous growth this past year.
Since the start of 2020, the painting franchise has signed on 15 new franchisees with seven in the final stages of opening. They also saw a 35.5% increase in sales Q1 2020 over Q1 2019. The brand is slated to meet their goal of signing 20 total new agreements in 2020, with 15 stores opening in Tampa, Southern Massachusetts, South Jersey shore, Nebraska, Western Pennsylvania, Central and Southwest Florida and Louisiana.
Premium Service Brands, 360° Painting’s parent franchisor, has seen a 47% increase in aggregate revenue across its six concepts from July 2019 to July 2020.
In this story
This story was originally published in 1851 Franchise on August 24, 2020. Burnaze summarizes and links to the original reporting.
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