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Home wasn't just where the heart was in 2020. It was where everything took place for most of us.
Because of how life shifted last year, it shouldn't be a surprise that home services franchises have been doing well as homeowners strive to make their residences as comfortable as possible. How well you ask? Neighborly, franchisor of over 20 home service brands (including seven listed below), ended 2020 with 382 new franchise agreements awarded for the year.
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The general industry also numbers back up this fact. Of the eight main business industries of franchise companies studied by FRANdata in its Franchise Economic Outlook, only half posted positive growth for the year. And of these four, no other industry's growth rate came close to that of commercial & residential services at 8.8%.
For reference, the next highest was real estate—coincidentally also home connected—at 1.6%.
Commercial & residential services was the only franchise business industry to post an employment increase for the pandemic-impacted year, due largely to demand on the residential side.
As for our Top 100 ranking specifically, Budget Blinds was the highest-ranked home services franchise this year. The company’s ranking is indicative of the expansion efforts the brand made in the face of an “once-in-a-lifetime” event.
<blockquote>We were able to eclipse a very aggressive growth goal last year. Budget Blinds had 100 franchise territory exchanges last year, and we’re closing in at 1,300 franchises. We’re not quite there yet, but we’re headed in that direction. — Jonathan Thiessen, Chief Development Officer of Home Franchise Concepts</blockquote>
The success also was spread throughout Budget Blinds’ sibling companies at Home Franchise Concepts (HFC) as well. HFC, which also franchises Concrete Craft, Tailored Living, AdvantaClean and Kitchen Tune-Up, saw growth across all of its brands.
<blockquote>The results that our franchisees have realized have been incredible. We’re seeing record sales on a monthly basis. We’ve been focusing on our franchisee’s profitability first and helping them with their individual businesses.
In 2021, we’re just continuing to focus on the growth of the network as a whole. We want to fill in the map, if you will, and we’re asking how we can help franchisees become more profitable and get there faster. — Jonathan Thiessen, Chief Development Officer of Home Franchise Concepts</blockquote>
Here are 25 home services franchises that have been performing well during an unprecedented time.
The franchises listed in the chart below were compiled from the submissions for our annual Top 100 Global Franchises ranking, the methodology for which can be viewed here. This list isn’t exhaustive.
Franchise | Country of Origin | Estimated Number of Units* | Home Services Rank | Overall Top 100 Rank | Percentage Unit Growth (year-over-year) |
Budget Blinds | United States | 1280 | 1 | 38 | 4.67 |
Pinch A Penny | United States | 240 | 2 | 63 | 1.58 |
Glass Doctor | United States | 270 | 3 | 68 | 5.88 |
Mr. Rooter | United States | 290 | 4 | 71 | 2.47 |
CertaPro Painters | United States | 375 | 5 | 79 | 3.90 |
Weed Man | United States | 685 | 6 | 83 | 1.48 |
Mr. Appliance | United States | 295 | 7 | 91 | 10.45 |
Spring-Green Lawn Care | United States | 150 | 8 | 102 | 6.29 |
Ace Handyman Services (formerly Handyman Matters) | United States | 125 | 9 | 103 | 26.26 |
Floor Coverings International | United States | 170 | 10 | 108 | 8.28 |
911 Restoration | United States | 240 | 11 | 120 | 17.65 |
Honest Abe Roofing | United States | 30 | 12 | 125 | 92.86 |
Aire Serv | United States | 190 | 13 | 131 | 5.59 |
Five Star Painting | United States | 205 | 14 | 133 | 12.15 |
Mr. Handyman | United States | 250 | 15 | 145 | 7.79 |
Steel Coated Epoxy Floors | United States | 20 | 16 | 154 | 171.43 |
Fantastic Services | England | 415 | 17 | 161 | 7.29 |
Concrete Craft | United States | 70 | 18 | 165 | 23.21 |
Mosquito Joe | United States | 320 | 19 | 185 | 11.41 |
Mr. Electric | United States | 170 | 20 | 204 | 1.18 |
Lawn Doctor | United States | 590 | 21 | 206 | 1.54 |
Fish Window Cleaning | United States | 280 | 22 | 218 | 0.36 |
Koala Insulation | United States | less than 10 | 23 | 226 | 500.00 |
Rooter-Man | United States | 755 | 24 | 240 | 8.92 |
Miracle Method Surface Refinishing | United States | 165 | 25 | 250 | 6.49 |
*Estimated number of units is the number of locations open in late 2020, and rounded to the nearest multiple of five.