USA Insulation, MaidPro and Sir Grout, three of the home-service franchises in multi-brand franchisor Threshold Brands’ growing stable of brands, were recognized among the top 500 franchises in the world in Entrepreneur’s 43rd annual Franchise 500®, the world’s first, best and most comprehensive franchise ranking.
Recognition in the prestigious Franchise 500® is a highly sought-after honor in the franchise industry. Fast-growing home-insulation concept USA Insulation ranked No. 114 on the overall list while MaidPro, the residential cleaning franchise, came in at No. 151 and Sir Grout, a grout, tile and stone restoration brand earned the No. 391 spot. This is not the first appearance on Entrepreneur’s coveted ranking for any of the three brands, all of which made the list in 2021 as well.
“We are thrilled to see three of our brands ranked so highly on this year’s Franchise 500 listing,” said Hagan Kappler, CEO of Threshold Brands. “The business landscape has been changing on a near constant basis over the past few years and these changes have brought uncertainty and instability for many brands and industries across the country. This listing reinforces the strength of these brands and continues to highlight the work that we are doing at Threshold Brands to help grow and support each of the brands within our portfolio.”
In addition to their overall rankings this year, Sir Grout and MaidPro each earned recognition in a variety of specific categories in 2021: MaidPro ranked No. 51 among the Top Franchises for Veterans; MaidPro and Sir Grout ranked at No.15 and No. 40, respectively, among the Best Franchises Under $100K; and Sir Grout came in at No. 68 among the Best Home-Based or Mobile Franchises. Additionally, both USA Insulation and Sir Grout were named the No. 1 franchise opportunity in their respective categories for the second year in a row.
In Entrepreneur’s continuing effort to better understand and evaluate the ever-changing franchise marketplace, the company’s 43-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 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. USA Insulation, MaidPro and Sir Grout’s inclusion in the ranking is a testament to the strength of their franchise opportunities as well as the support and leadership of their parent franchisor, Threshold Brands.
To view the full ranking, visit www.entrepreneur.com/franchise500.
For more information on franchising with Threshold Brands, visit https://www.thresholdbrands.com/.
About Threshold Brands:
Threshold Brands is a holding company of a growing number of franchised service brands including: USA Insulation®, MaidPro®, FlyFoe®, Men In Kilts®, Pestmaster Services®, Sir Grout®, Plumbing Paramedics® and Heating + Air Paramedics®. More information about Threshold Brands and its franchising opportunities is available at http://www.thresholdbrands.com