latestnews

22 02, 2023

Mathnasium Named “Top Franchise in Math Tutoring” in Entrepreneur Magazine’s Franchise 500®

2023-02-22T09:59:07-05:00February 22nd, 2023|Tags: , , |

Global Math Centers Named one of the Top Franchises of 2022 in Competitive Ranking.

LOS ANGELESMathnasium, an internationally known franchise with over 1,000 math tutoring centers worldwide, ranked No. 80 in Entrepreneur‘s highly competitive Franchise 500® ranking and the first within the math tutoring category. The brand that empowers children to achieve math excellence jumped 15 spots up from last year’s comprehensive list of top franchises.

The annual list is a highly sought-after honor in the franchise industry, as it serves as an invaluable resource for new and existing entrepreneurs who are seeking credible and reputable brands. The ranking formula evaluates brands on several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability.

This recognition comes on the heels of a record-breaking enrollment year, serving over 100,000 children in the U.S. in 2022. The company also experienced a significant increase in median gross receipts. Per the brands latest Item 19:

  • From 2021-2022: The median gross receipts for the top 25% of centers increased by over 12%, and the bottom 25% of centers increased by over 18%, 2021 – 2022.
  • From 2020-2022: The median gross increases for the top 25% of centers increased by 25%, and 31% for the bottom 25%.

The company also strengthened its core leadership team to grow alongside the company’s rate of expansion and support of the system.

        –  Michael Davis appointed as Chief Executive Officer
        –  Michael Stanfield appointed as Chief Marketing Officer
        –  Kevin Shen appointed as Chief Development Officer

“Our team at the head office, franchisees and their employees have a front row seat to seeing how many lives can change through learning math and the impact it has on families, communities and entrepreneurs,” said Michael Davis, CEO of Mathnasium. “The foundation of Mathnasium’s success was built on furthering this mission and seeing the rewarding results. We plan to further our global reach by partnering with existing franchisees who are expanding and new multi-center investors who want to join an industry leading, worldwide network, with a time-tested business model and curriculum.”

About Mathnasium

Mathnasium is North America’s leading math-only supplemental education franchise. Since 2002, the Mathnasium Method™ — the result of decades of hands-on instruction and development —has been transforming the lives of children in grades K-12 by offering comprehensive assessments, fully individualized learning plans, and teaching true math comprehension. With more than 1,100 learning centers worldwide in 9 countries, Mathnasium has been ranked on Entrepreneur Magazine’s list of top 500 franchises 16 times since 2004. For more information about Mathnasium franchise opportunities, visit https://mathnasiumfranchise.com/.

21 02, 2023

FASTSIGNS International, Inc. Names U.S. And Canadian Vendor Of The Year

2023-02-21T10:22:35-05:00February 21st, 2023|Tags: , , , , |

Grimco and Spicers Recognized for Incredible Supplier Relationship.

CARROLLTON, TexasFASTSIGNS International, Inc., franchisor of FASTSIGNS®, the leading sign, graphics, and visual communications franchise with more than 765 locations in eight countries worldwide, presented the U.S. Vendor of the Year Award to Grimco, Inc. and the Canadian Vendor of the Year Award to Grimco and Spicers at the 2023 FASTSIGNS International Convention in Las Vegas, NV.

The FASTSIGNS Vendor of the Year is selected by FASTSIGNS franchisees and is based on the integrity of business practices, product quality, and having a long-term commitment to the FASTSIGNS network. Since 2015, Grimco has received this recognition. This also marks the third year for recognizing the Canadian Vendor of the Year.

“The FASTSIGNS Vendor of the Year Award for the US and Canada recognizes a supplier that delivers outstanding service and consistently provides excellent support to our franchisees,” said Andrea Hohermuth, President of FASTSIGNS International, Inc. “We were thrilled to recognize Grimco and Spicers, and we truly appreciate all that they do for our franchise network.”

For the past 16 years, Grimco has been working with FASTSIGNS centers, supplying sign and graphics materials, products equipment and everything from signs and blanks to Digital Media and LED’s.

“We really appreciate the partnership with FASTSIGNS, and being named Vendor of the Year in the US and Canada is one of the highlights of the partnership,” said Julie McClain, Director of National Accounts at Grimco. “As the supply chain loosens up, our goal is to continue to provide excellent customer service, timely deliveries, and quality products at a competitive price. In 2023, we are also planning on offering new products with new training opportunities that will allow FASTSIGNS to grow with us in vertical markets. We look forward to continuing the partnership in years to come.”

Spicers works closely with FASTSIGNS centers, supplying custom signs and visual solution materials and products. This includes specialty products, graphic solutions, sign & display equipment and materials, and packaging and facility supplies and equipment.

“We are honoured to receive the Vendor of the Year award for Canada from FASTSIGNS as a Partner, delivering expertise and unparalleled support,” said Hugues Piaud, Category Director- Graphic Solutions at Spicers. “We are highly focused on providing the FASTSIGNS network with high-quality equipment such as printers, laminators, and consumables, in addition to excellent service and maintenance for their printers from our skilled technicians. We truly value their partnership and business and enjoy serving their franchisees.”

About FASTSIGNS®

FASTSIGNS is a leading national visual ideas company that creates a wide variety of comprehensive sign and graphics solutions. With over 35 years of experience, FASTSIGNS helps you achieve more than you ever thought possible. We are the worldwide franchisor of more than 765 independently owned and operated FASTSIGNS® centers. FASTSIGNS locations span across the United States, Puerto Rico, the United Kingdom, Canada, Chile, Grand Cayman, Malta, the Dominican Republic and Australia (where centers operate as SIGNWAVE®). FASTSIGNS is frequently recognized for franchisee satisfaction and through franchising awards which include being ranked #1 on Entrepreneur’s Highly Competitive Franchise 500® List for the Seventh Consecutive Year for 2023 as well as being named a 2023 Best-in-Category Franchise by Franchise Business Review.

In 2021, Propelled Brands was formed, and is now the multi-brand franchisor for FASTSIGNS®, NerdsToGo®, MY SALON Suite® and Salon Plaza® brands.

To learn more visit fastsigns.com. Follow the brand on LinkedIn at linkedin.com/company/fastsigns, Twitter @FASTSIGNS or Facebook at facebook.com/FASTSIGNS. For information about the FASTSIGNS franchise opportunity, contact Mark Jameson (mark.jameson@fastsigns.com or call 214.346.5679).

21 02, 2023

Kevin Porter Promoted to Brand President of Executive Home Care

2023-02-21T10:10:51-05:00February 21st, 2023|Tags: , , , , , |

SCOTTSDALE, Ariz.Executive Home Care, one of the nation’s leading in-home care providers, announced today the promotion of Senior Vice President of Franchise Operations Kevin Porter to the position of Brand President. In his new role, Porter will oversee strategic direction and overall performance for Executive Home Care and drive key initiatives and day-to-day operations for the company. Porter joined the Executive Home Care leadership team in June 2022, bringing over 20 years of franchising and healthcare operations experience to the brand.

According to Tim Hadley, CEO of Executive Home Care Holdings, Porter has demonstrated exceptional leadership skills and a deep understanding of the needs of clients and their families. He noted Porter’s knowledge and experience in supporting franchisees will also be invaluable as Executive Home Care continues its expansion throughout the United States.

“We are thrilled to have Kevin step into this new role,” said Hadley. “His passion for delivering exceptional care, combined with his extensive experience helping franchisees grow and succeed, make him the perfect candidate to lead our brand as we continue to expand. We are confident that under his leadership, Executive Home Care will continue to provide top-quality care and service excellence to clients and families across the country.”

Executive Home Care is dedicated to improving the quality of life for its clients by providing a wide range of in-home care services and programs. The company follows its brand promise of building exceptional C.A.R.E. (compassion, attentiveness, respect, and excellence). The combination of elite software, a stellar leadership team and determination to provide the best care have put Executive Home Care in a prime position for their expansion across the nation.

Executive Home Care is actively seeking single and multi-unit franchise partners with a strong entrepreneurial spirit who have heart, empathy and a passion for helping people. Franchisees will receive help with planning and business development from opening day to long-term planning, as well as continuing education, access to exclusive software planning, and an elite sales and marketing approach. Including the franchise fee, the initial investment for an Executive Home Care franchise is between $99,000 to $175,000.

About Executive Home Care

As the nation’s leading in-home care provider, Executive Home Care offers a wide range of service options and care programs with the goal of improving the quality of life and establishing peace of mind for both clients and their families. The brand recognizes individuals are much more comfortable living in their own homes, amidst their personal treasures and familiar surroundings, and it is their mission to enhance the well-being of those in need with a commitment to service excellence. For more information about Executive Home Care’s franchising opportunities, please visit www.executivehomecarefranchise.com.

21 02, 2023

IMAGE Studios Salon Suites exploding into Philadelphia

2023-02-21T10:05:21-05:00February 21st, 2023|Tags: , , |

PHILADELPHIA — IMAGE Studios Salon Suites, a national franchise offering state-of-the-art salon suites to beauty professionals, is expanding its presence in the Philadelphia area with the opening of its newest location in Springfield, Pennsylvania. Since its inception, the brand has experienced significant growth and success, and this expansion is set to further its reach throughout the region.

“We are excited to announce our latest expansion in Springfield,” said CEO Jason Olsen. “Our goal is to offer state-of-the-art salon suites for health, beauty, and wellness entrepreneurs looking to start their own business safely and easily in the Philadelphia area.”

IMAGE Studios recently ranked on the 2022 Inc. 5000 list of fastest-growing private companies, was named one of Inc. Magazines “Best Workplaces” in 2022, and was awarded the top Stevie award for Workplace Design. IMAGE Studios also added new owners in the Philadelphia region, with a total of 210 territories awarded nationwide.

IMAGE Studios provides its franchisees with turnkey, state-of-the-art salon studios for hair stylists, barbers, lash artists, makeup artists, injectors, estheticians, and med spa professionals. The company also supports its franchisees with marketing and finance classes, business coaching and support, and a custom smartphone app that allows professionals to manage their businesses from anywhere. With record occupancy rates in every market across the country, IMAGE Studios is an attractive option for professionals looking for a turnkey solution.

About IMAGE Studios®

To learn more about IMAGE Studios and to find out about franchise opportunities in your area, please visit www.imagestudiosfranchise.com.

21 02, 2023

Tech-Based Workout, BODY20, to Debut in Houston Heights on February 20

2023-02-21T10:01:45-05:00February 21st, 2023|Tags: , , , |

Revolutionary Electro-Muscle Stimulation (EMS) Franchise Offers Unique 20-Minute Fitness Experience.

HOUSTON HEIGHTS, Texas — BODY20, the pioneer in the Electro-Muscle Stimulation (EMS) fitness space that utilizes an FDA-cleared suit giving you a full-body workout in just 20 minutes, is opening a new studio location in Houston Heights on February 20.

Located at 600 North Shepherd Drive, Suite 451, this concept brings all fitness levels together to experience what BODY20 is known for: changing the way people workout through time-condensed technology training. To give the Houston Heights community an opportunity to become familiar with the BODY20 experience, the studio will celebrate its opening with discounted founding memberships.

BODY20 Houston Heights is owned and operated by veteran entrepreneurs, Bhavika and Shawn Patel. The Patels have been in the franchising industry since 2008 and know what it takes to create a successful business. Their passion for BODY20 is palpable, and they are eager to share this efficient and futuristic concept of training with their community. The Patels are set to bring an additional three locations to the central Houston area over the next few years.

“BODY20 is the future of fitness,” says Bhavika Patel. “You’re in an awesome suit, modern space and it feels like you’re ready to take on the world! This high-intensity and low-impact workout is truly for everyone, and we cannot wait to welcome our local community.”

The BODY20 boutique fitness franchise offers the ultimate one-of-a-kind training experience. At your first private session, you’ll take a complimentary BODY20 bio-impedance measurement using best-in-class technology to provide a body composition assessment, discuss your wellness goals and get fitted into an FDA-cleared Electro-Muscle Stimulation (EMS) suit. During the 20-minute training session, a certified BODY20 Coach guides you through a customized 1-on-1 strength program, giving your body more than 150 times more muscle contractions than a conventional workout without any need to use traditional gym equipment.

The technology-based fitness brand offers serious benefits repeatedly reported by current members, including increased muscle tone, weight loss, overall improved core strength and all with minimal strain on the musculoskeletal system. The certified BODY20 Coaches at BODY20 Houston Heights are excited to serve their local community while offering this engaging and time-condensed approach to movement. They can’t wait to welcome members of all backgrounds to the BODY20 family.

For more information about BODY20 Houston Heights and to sign up for a complimentary demo session, please visit https://body20.com or call (832) 476-7492. Stay connected by following @body20houstonheights on Instagram and Facebook.

About BODY20:

BODY20 is a rapidly growing fitness franchise that leverages technology through the use of an FDA-cleared Electro-Muscle Stimulation (EMS) suit to revolutionize the way people workout and help unlock their full potential.  BODY20 offers a 20-minute one-on-one workout with a certified BODY20 Coach that guides you through customized strength and cardio programs, giving your body over 150 times more muscle contractions than a conventional workout without any use of traditional gym equipment.  BODY20’s goal is to in just 20 minutes per week, materially impact the other 10,060 minutes in the week for each and every member. To learn more about BODY20 and its franchise opportunities, visit: https://www.body20.com.

20 02, 2023

Fundraising University Ranked Among the Top Franchises in Entrepreneur’s Highly Competitive Franchise 500®

2023-02-20T10:33:50-05:00February 20th, 2023|Tags: , |

OVERLAND PARK, Kan.Fundraising University was recognized as one of the top 500 franchises in Entrepreneur‘s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 44th annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2023 Franchise 500® ranks Fundraising University as #1 in Category and among the Top 500 overall for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”

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.

Over its 44 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Fundraising University‘s position on the ranking is a testament to its strength as a franchise opportunity.

To view Fundraising University in the full ranking, visit www.entrepreneur.com/franchise500 . Results can also be seen in the January/February 2023 issue of Entrepreneur, available on newsstands January 17th.

About Fundraising University

To learn more about Fundraising University visit fundraisingu.net/.

20 02, 2023

Anago Announces the Passing of its Beloved Chairman and Founder, Mr. David R. Povlitz

2023-02-20T10:17:26-05:00February 20th, 2023|Tags: , , , |

POMPANO BEACH, Fla. — It is with great sadness and a profound celebration of life that Anago Cleaning Systems announces the passing of its beloved Chairman and Founder, Mr. David R. Povlitz. Mr. Povlitz started Anago back in 1989, with the ambitious mission to help everyday men and women achieve financial freedom and security by becoming small business owners within the commercial cleaning industry. He developed the company values he and his employees would spend the next three decades working hard to honor.

Mr. Povlitz was a patriot who believed in serving people, communities, and his nation. In 1967, as the United States was engaged in a steadily expanding air and ground war in Southeast Asia, David decided to join millions of other young Americans by enlisting in the U.S. Army. After serving as a Radio Operator for two years, he was honorably discharged, reaching the rank of Sergeant for his leadership and active-duty dedication to his military brothers and sisters. For his service to our country, he received the National Defense Service Medal and Armed Forces Expeditionary Ribbon for serving in Korea.

Returning from war, David attended college on the GI Bill, graduated from Michigan State University in 1972 with a hotel and restaurant administration degree, and began putting his knowledge into practical application. Upon graduation, David was driven by a strong work ethic and a desire to succeed for himself, his wife, and two children. David’s determination to succeed as an entrepreneur led him to Florida, where he launched Anago Cleaning Systems and began door-to-door soliciting to garner contracts, a time when businesses were built on an honest word and sealed with a handshake. In the early days of Anago, David vacuumed floors and scrubbed toilets as he continued to build on Anago’s seven unifying principles that begin with the belief in people, personal and professional integrity, and opportunity for advancement through small business ownership.

David took pride in naming his business Anago, derived from the Greek Latin term “anagogue,” meaning to guide or uplift. The name fit his dream perfectly, and there was no greater goal for him than to see others apply their grit and determination to make a better life for themselves through hard work. At that point, Anago became synonymous with entrepreneurial success. A place where dreams come true for aspiring business owners.

David found his life’s professional calling in Anago and described his ultimate reward as seeing other families achieve financial success, send their children to college, or buy a new home due to their franchise earnings through the company he built. David’s belief in people and the importance of appreciation and advancement was always top of mind. He exemplified personal and professional integrity and advocated forward-thinking and outstanding support to all Anago Franchisees and clients.

In many ways, David’s ideology for Anago defines his continuing legacy, which he placed in the hands of his two children when he retired, but only when they had earned the opportunity to run the family business. This meant learning from the ground up, signing contracts, and servicing clients by vacuuming floors and scrubbing toilets, as he did over 30 years ago.

David R. Povlitz September 3rd, 1948 – February 7th, 2023. The entire Anago family will profoundly miss him.

About Anago Cleaning Systems

Anago Cleaning Systems is an international commercial cleaning franchise brand. Utilizing the Master Franchise System, Anago supports over 45 Master Franchisees and over 1,700 Unit Franchisees.  Founded in 1989, Anago has set the worldwide standard in business support and structure for local and regional companies to provide unparalleled cleaning services to businesses of all kinds. Anago was ranked #36 overall by Entrepreneur magazine in its latest Franchise 500® ranking. For further information, visit its website at AnagoMasters.com.

20 02, 2023

FirstLight Home Care Announces National Caregiver of the Year

2023-02-20T10:04:58-05:00February 20th, 2023|Tags: , , , , |

Matt Paxton joins FirstLight’s President and CEO to surprise the winning caregiver on National Caregivers Day.

WINDHAM, Maine — FirstLight Home Care, an award-winning provider of home care services, has named Marketa “Kitti” Tikander as its National Caregiver of the Year.

Kitti was presented with the honor during a National Caregivers Day appreciation event at FirstLight’s Windham office. She was nominated for the award by Jessie Gartland, Managing Director of FirstLight Home Care of Southern Maine.

“Kitti oozes compassion, integrity and genuine kindness in her heart,” said Gartland. “She has worked for us for more than eight years and always embraces each client and family we match her with. Kitti never fails to see the light in everyone, something I wish I could harness and share with others. She is a true caregiver at heart.”

Nearly 50 Caregiver of the Year nominations were received from FirstLight offices across the country. Nominees were evaluated on service excellence, quality of caregiving skills and bringing the FirstLight culture to life. Kitti was one of three finalists this year.

Matt Paxton joined FirstLight’s President and CEO, Glee McAnanly, in presenting the prestigious award. Matt helps families find the upside of downsizing. His public television show, Legacy List with Matt Paxton, stresses the importance of sharing family stories above holding on to objects. FirstLight Home Care is a proud supporter of this Emmy-nominated series.

“Throughout my career and personal journey, I’ve seen the positive impact professional caregivers have on families,” said Paxton. “It can be stressful caring for a loved one. The comfort, support and peace of mind caregivers like Kitti offer families are invaluable. I’m so thankful FirstLight asked me to be part of this special recognition.”

Owners Peter Gartland and Carol Larkin and their dedicated, caring team have provided in-home care to adults in their community for over a decade. For more information, visit  SouthernMaine.FirstLightHomeCare.com.

About FirstLight Home Care

FirstLight Home Care, a leading provider of home care services, is a lifeline for seniors, veterans, adults living with dementia, and anyone 18 and older who needs care in the place they call home. FirstLight exists to help people have their best day, every day. The company’s mission is to provide compassionate home care so that all families who are served have peace of mind knowing their loved ones are receiving the support they need to enjoy the quality of life they deserve. FirstLight’s network of professional caregivers is passionate about creating meaningful relationships and making a difference in the lives of others. The franchise system includes nearly 200 independently owned and operated home care locations throughout the United States. To learn more, or to find a local office, visit FirstLightHomeCare.com.

17 02, 2023

NerdsToGo® of Bellevue Wins Distinguished Franchisee Award

2023-02-17T09:51:26-05:00February 17th, 2023|Tags: , , , |

NerdsToGo of Bellevue Recognized For Their Contributions to the NerdsToGo Network.

CARROLLTON, Texas — NerdsToGo® of Bellevue, a leading information technology (IT) solutions and technology services franchise for both business and home, recently were acknowledged for their contributions to the NerdsToGo network at the 2023 NerdsToGo Franchise Convention held in Las Vegas, NV.

The Nerdy Award recognizes a franchisee who best represents the concept and the spirit of the NerdsToGo name, both in the business community and within the network. Gina and Michael Santiago, franchisees at NerdsToGo of Bellevue, were chosen to receive the award because they excel at helping customers and employees achieve their objectives and realize their full potential. They continue to build deep and lasting relationships with customers, vendor partners and employees. The Santiagos bring their values of generosity and cooperation to life as they work with other franchisees to increase the strength, size and integrity of the network.

“Gina and Michael are truly champions of the NerdsToGo brand, and we have experienced how they do all they can to build the value of the brand,” said Jim Howe, President of NerdsToGo.

Michael Santiago purchased NerdsToGo of Bellevue in May 2018 after he walked away from the corporate world to create something more meaningful to his career and community. NerdsToGo combined his passions of technology, working with a small team and the desire to truly make an impact in his community.

“White glove service is an ethos to me, and our business and team are extensions of who we are. If we don’t deliver a great experience and care for the people, nothing else matters to me,” said Michael Santiago.

Michael first met Gina at a local chamber of commerce event, and she later became a consultant, helping him grow his business and improve his processes. As COVID began to ramp, Gina joined the Bellevue team full-time. Michael and Gina had to pivot and think quickly to keep their business moving forward. And at some point along the way, the two realized they worked so well together they joined hands in marriage as well as the business.

“Gina is my greatest advisor and sounding board,” said Michael Santiago. “There’s been a maturation process for our business, and we each bring our different talents to the table. I rally the troops and inspire our team to tackle any mountain, while Gina masterfully creates processes and systems to help us achieve our goals.”

Additional Awards that NerdsToGo of Bellevue received at the 2023 Convention were:

  • The President’s Award, which recognizes the top 25% of NerdsToGo locations with the highest total sales from January 1, 2021 to December 31, 2021.
  • 2nd in Highest Overall Sales Growth for achieving the highest overall sales growth for the award year over prior full year sales.
  • Franchise Sales Recognition which honors franchisees who, over the past year, have been helpful to prospective franchisees in learning what it’s like to be a part of the NerdsToGo community.
  • Mentor Recognition, which is when a seasoned franchisee serves as a mentor to a new franchisee as they start on the road to opening their operation. The franchisee is recognized for their dedication, leadership and sharing their real-world experience.

“We truly love helping the network and receiving this recognition showed us that they also believe we are helping the network,” said Gina Santiago. “We are over the moon and so full of gratitude at the same time. This honor marked many years of hard work and dedication to our business and brand, and the celebration we received from our peers was incredible.”

About NerdsToGo®

NerdsToGo is a growing IT services franchise brand that provides a simple path to overcoming the pain points and complexities of technology. Friendly and approachable Nerds offer solutions for efficiency and security for small to medium-sized businesses, as well as the individual who needs help with personal computers, devices and home networks. As a Managed Services Provider for business, the Nerds can assess, design and support IT networks while providing remote support and vendor management.

To learn more, visit NerdsToGo.com. Follow the brand on LinkedIn at https://www.linkedin.com/company/nerdstogo/mycompany/, or Facebook at https://www.facebook.com/NerdsToGoComputerService/. For information about the NerdsToGo franchise opportunity, contact Mark Jameson (mark.jameson@propelledbrands).

16 02, 2023

Restoration 1 Franchise Owner In Spokane, Wash., Announces A Growth Investment From Traction Capital Partners

2023-02-16T10:52:17-05:00February 16th, 2023|Tags: , , , , , |

DALLAS — Scott Whitaker, owner of Restoration 1 Spokane, Wash., has partnered with Traction Capital, an investment firm dedicated to helping entrepreneurs in the Western U.S. Private equity firms have recently begun investing as franchisees in the restoration industry, signaling a new era of business growth and opportunity. The influx of funds across the industry will allow local businesses to expand their services as well as provide more resources for those impacted by natural disasters.

Whitaker opened his first Restoration 1 franchise in 2017 while serving as Captain of the Spokane Valley Fire Department. Over the last five years he has experienced strong growth, expanding into additional territories in Central Washington and garnering the attention of Traction Capital. With this investment, Whitaker’s franchises will be able to reach new milestones and provide more support across multiple communities.

“I am excited to partner with Traction Capital as we grow our business to the Tri-Cities and Yakima area and look to other opportunities beyond the state. I believe a key component of our success thus far is the fact that we have built a team of great people and helped them succeed individually. Traction shares this philosophy and will allow us to develop even further,” said Whitaker.

“On behalf of everyone at Traction, we are excited to partner with Scott and the Restoration 1 team in Dallas to continue to provide best in class services to customers in the Western U.S. Whitaker has developed a great team, and we look forward to working in the background to help provide the resources and systems necessary to continue to grow the business into multiple states,” said Justin Turner, Managing Partner at Traction Capital.

Based in Dallas, Restoration 1 has rapidly expanded to 313 locations open and in development across the U.S. to become one of the fastest-growing brands in the $210 billion property restoration industry.

“Over the last several years, we have been focused on developing our franchisees’ individual businesses and providing resources to help them grow their financial performance,” said Sherry Rose, CEO of Stellar Service Brands. “My vision is to empower franchisees to serve more customers and enter into new markets, so that they, too, can achieve the American Dream. Whitaker’s partnership with Traction is a testament to his persistence and dedication to both his team and the surrounding community.”

To learn more about opening a Restoration 1 franchise, visit restoration1franchise.com.

About Traction Capital
Traction Capital Partners LLC is a Seattle-based investment firm which focuses on acquiring businesses based in the Western U.S. that present opportunities for long-term growth. When they acquire a business, they do so with the intention of owning it for the next 20 years. For more information, please visit: www.tractioncp.com

About Restoration 1®

Founded in 2008, Restoration 1 is an award-winning franchise that specializes in a wide array of emergency mitigations, restoration and reconstruction services. An industry innovator, the Texas-based company uses advanced technologies and tools to perform restoration for both residential and commercial properties that have been damaged due to water, smoke, fire, mold, storms and more. There have been 397 agreements awarded throughout the U.S. with plans to expand to more than 500 locations nationwide in the next couple of years. For more information about Restoration 1, visit http://www.restoration1.com.

Go to Top