Entrepreneur Magazine has once again recognized FRSTeam in its annual Franchise 500 listing.
HAYWARD, Calif. (December 28, 2010)
---- Entrepreneur Magazine has once again recognized FRSTeam in its annual
Franchise 500 listing. This year,
FRSTeam was ranked number 307 on Entrepreneur’s list of Top North American
franchise companies. Franchises
are selected using Entrepreneur’s formula which includes financial strength and
stability, growth rate, and size of the system.
FRSTeam was ranked number 499 in 2009,
so the 2010 ranking represented a big move for the fabric restoration company.
“We are very proud to be recognized
by Entrepreneur Magazine again this year,” states FRSTeam president, Jim
Nicholas. “We are especially
pleased with the large positive movement in our ranking. Both our management staff and our
franchisees have worked hard this past year, and it shows in these results.”
FRSTeam achieved double digit sales growth for the fourth straight year, and in
an economic environment that continues to be challenging.
“Our brand culture is one of our
defining characteristics,” explains Jim Nicholas. “We promote and reinforce a personalized service environment
both in our day to day business relationships and in our franchise
relationships. We are truly
fortunate in the quality of our operators and our brand performance is a reflection
of their individual strength and their enthusiastic use of the FRSTeam system.”