Rainbow International Restoration, an international fire and flood restoration service has been ranked once again by Entrepreneur Magazine as a part of their Franchise 500.
Rainbow International was ranked at 167 on the list. “We consider this recognition a great honor and validation of our core ideology,” said Mark Welstead, President of Rainbow International. “Rainbow International exists to improve lives; not just for our customers, but also for the independent businessmen and women who own and operate our local franchises. Improving lives is at the heart of every business decision we make.”
The list honors franchisors that offer the best opportunities for success based on criteria such as financial strength, stability, growth rate and size of system.
Rainbow International saw a successful year of growth in 2014. In total they have sold 41 new franchise units in North America. As well in 2014, 24 previously existing franchise units expanded their service territory. In total, Rainbow has 302 units worldwide.
The Dwyer Group, the parent company of Rainbow International, saw exceptional growth across the entire seven brand conglomerate. “Our growth and success throughout the entire system is reflected in this ranking,” said Mike Bidwell, CEO of The Dwyer Group. “2014 was a year of success for us.”