SERVPRO Press Release

SERVPRO Marks Milestone with 1,500 Franchises Coast to Coast

GALLATIN, Tenn. (October 16, 2009) -- From Miami to Maine, from Seattle to San Diego and everywhere in between, SERVPRO is marking a milestone today by announcing the opening of its 1,500th franchise in the United States. The fire and water cleanup and restoration company sold its first franchise 40 years ago.

“The SERVPRO Brand has been meeting the needs of local communities across the country since my parents started the business in 1969,” said Susan Steen, CEO of SERVPRO Industries, Inc. “As long as people continue to need assistance recovering from disasters, we plan to keep growing to meet that need.”

SERVPRO is also celebrating being listed in Franchise Times as one of the top 200 franchise chains by worldwide sales. Reporting more than $917 million in gross franchise revenues in 2008, the company is closing in on the $1 billion mark for 2009. Though many of the chains on the list have a global presence, the SERVPRO System’s success to date has occurred solely on domestic soil.

“Our goal from the very beginning has been to help entrepreneurs succeed and to help change family trees for the better,” said Kevin Brown, assistant vice president and director of franchise expansion. “It has been a joy to watch SERVPRO grow for all the right reasons. Our franchisees are doing their part to help piece people’s lives back together following a disaster, and our brand is growing exponentially as a result.”

SERVPRO’s accolades include annual appearances on Entrepreneur Magazine’s Franchise 500 list, which ranks franchise opportunities based on strength, stability and growth rate, among other criteria. SERVPRO was ranked 28th overall in 2009 and was listed as best-in-category for disaster restoration and cleaning for the fifth straight year.

Founded in 1969, the SERVPRO franchise system is a national leader and provider of fire, water, mold and other specialty cleanup and restoration services. SERVPRO's professional services network of more than 1,500 individually owned and operated franchises responds to property damage emergencies ranging from small individual disasters to multi-million dollar large-loss situations.