WACO, Texas – Mosquito Joe, a Neighborly company, recently ranked first overall for the fifth year in a row in the Pest Control category of Entrepreneur magazine’s Franchise 500. Mosquito Joe was recognized for its outstanding performance in areas including unit growth, financial strength and stability and brand power.
Mosquito Joe’s inclusion on the 2021 Franchise 500 follows a year of impressive growth for the brand, with 47 agreements awarded and 33 new franchise locations opened in 2020.
“Placement in Entrepreneur’s annual Franchise 500 is such a highly sought-after honor in the franchise industry, and Mosquito Joe to not only be included in the ranking, but to also be named the top brand named to the list in the Pest Control category is an outstanding achievement,” said Lou Schager, president of Mosquito Joe. “Given all the obstacles we had to overcome in 2020 due to circumstances brought on by the pandemic, being recognized as a top franchise opportunity feels better than ever and sets us up for continued growth and success in the new year.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. The key factors that go into the evaluation include 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.
Mosquito Joe is one of 16 Neighborly brands to be included in this year’s Franchise 500 ranking. To view the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur, available on newsstands January 26.
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