Stratus Building Solutions rank among Franchise 500 increases 165 spots year over year, recognizing growth and new farnchise system enhancements.
Stratus Building Solutions was ranked in Entrepreneur magazine’s Franchise 500® for 2017. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500® places Stratus Building Solutions as #71 Overall and #2 in Category for its exceptional performance in areas including financial strength and stability, growth rate, and brand power.
For the second year under the new corporate ownership, Stratus Building Solutions' Franchise 500® rank improved by great margins, over 165 spots overall and surmounting senior commercial cleaning and janitorial competitors such as Coverall, Anago and Servicemaster Clean by ranking seven spots higher than 2016 to #2 in Category.
“We feel that this is a true testament to everything the company as a whole has accomplished in the past two years. Between the growth we have seen of our Regional Master offices across the country with expansion of our customer account and Unit Franchise base, expansion of our green clean janitorial services with new technology, the re-certification of our Stratus Green Clean chemicals; we are excited that these accomplishments have been internationally recognized as we continue to expand domestically and internationally,” states CEO, Afshin Cangarlu.
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability, all aspects which the Stratus Corporate office and Regional Masters have prioritized in improving system-wide since the 2015 ownership change.
“We spend months gathering and crunching data in order to produce the Franchise 500 ranking. We’re proud of the result and the way it continues to be a resource for the franchise community,” says Jason Feifer, editor in chief of Entrepreneur. “Like every industry, franchising is ever-evolving and must smartly react to new technologies and consumer demands. We know it takes a lot to stay competitive, and are excited to celebrate those that do it best.”
Over its 38 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Stratus Building Solutions' position on the ranking reinforces its strength in the industry.
To view Stratus Building Solutions in the full ranking, visit Entrepreneur.com Franchise 500. Results can also be seen in the January/February issue of Entrepreneur available now on newsstands.