For the 2nd Time, Restoration 1 Appears on the Inc. 5000, Ranking Number 3823 with Three-Year Revenue Growth of 94%
Inc. magazine today revealed that Waco-based Restoration 1 is No. 3823 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the second time Restoration 1 has been included on the list that represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
“Our team works endlessly to position Restoration 1 as a leader in our industry and a leader in franchising and it’s an honor to be named to the Inc. 5000 list again,” said Gary Findley, CEO of Restoration 1. “Despite the challenges our world is facing, our business continues to thrive and I credit that to our superior staff, hardworking franchisees and the entire network for continuing to take this organization to the next level.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.