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Monday, Feb 01, 2021
Mosquito Joe® Ranked a Top Franchise in Entrepreneur’s Highly Competitive 42nd Annual Franchise 500®
WACO, Texas (Feb. 1, 2021) – 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®, the world’s first, best and most comprehensive franchise ranking. Recognized as an invaluable resource for potential franchisees, the Franchise 500® selected Mosquito Joe 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.
Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Mosquito Joe’s position on the ranking is a testament to its strength as a franchise opportunity.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” said Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
Mosquito Joe is one of 16 Neighborly brands to be included in this year’s Franchise 500 ranking. Other Neighborly brands on the 2021 list of top franchises include: Molly Maid, Mr. Electric, Mr. Appliance, Mr. Rooter Plumbing, Five Star Painting, Real Property Management, Aire Serv, Mr. Handyman, ShelfGenie, Rainbow International Restoration, Glass Doctor, The Grounds Guys, HouseMaster, Precision Door Service and Window Genie. Neighborly remains the world’s largest franchisor of home service brands, with a total of 28 brands under its umbrella.
To view the full ranking, visit www.entrepreneur.com/
About Mosquito Joe®:
Dedicated to making outside fun again by eliminating mosquitoes, ticks and fleas from customer's yards, Mosquito Joe®, a Neighborly® company, is a leader in the outdoor pest control industry. The brand was founded in 2010 and has since expanded to more than 350 locations throughout the U.S. Acquired in 2018, Mosquito Joe® is part of Neighborly®, the world's largest home services franchisor of 28 brands and more than 4,500 franchises collectively serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. Neighborly® brands are found at Neighborly.com. For more information about Mosquito Joe®, visit www.MosquitoJoe.com. To learn about franchising opportunities with Neighborly®.