Waco, Texas-based Mosquito Joe, a neighboring company, was named first overall in the Pest Control category of Entrepreneur Magazine’s 500 franchise for the fifth year in a row.
The addition of Mosquito Joe to the Franchise 500 in 2021 follows a year of growth for the brand. In 2020, 47 contracts were awarded and 33 new franchise locations were opened.
“Placement in Entrepreneur’s Annual Franchise 500 is a very coveted accolade in the franchise industry, and Mosquito Joe is featured in the rankings as well as being the top brand in the Pest Control category, an outstanding achievement “Said Lou Schager, president of Mosquito Joe, in a press release. “With all the barriers we faced in 2020 due to the circumstances created by the pandemic, it feels better than ever to be recognized as a top franchise opportunity and prepares us for further growth and success in the new Year ago. “
The key factors in evaluating the entrepreneur are costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative rating based on an analysis of more than 150 data points, and the 500 franchisees with the highest cumulative ratings are ranked as the Franchise 500.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunities,” said Jason Feifer, editor-in-chief of the entrepreneur. “Franchisees have been able to be nimble and innovative, serving the needs of franchisees and customers in a way that will resonate over many years. We believe that if we look back on that time at some point, we will see it as a moment in which many brands have defined themselves for the future. “