SARASOTA, FLA. — Clockwork Inc. announced that Benjamin Franklin – The Punctual Plumber – has moved up 13 positions to be ranked as the 130th franchise in Entrepreneur Magazine’s 32nd annual “Franchise 500”. The Benjamin Franklin franchise has jumped 293 positions in the last five years.
“In these difficult economic times, the professional service and excellent value our Benjamin Franklin franchises deliver are fitting the bill for American homeowners,” said Chris Leach, vice president of operations, Clockwork Home Services. “Our increase in Entrepreneur’s rankings is a testament to the hard work and dedication of our franchise owners to deliver exceptional customer service.”
Entrepreneur Magazine compiles its list based on companies’ financial strength and stability, growth rate and size of the franchise system. Other considerations include the number of years in business and length of time franchising, startup costs, low employee turnover and whether the company provided financing.
“Clockwork’s proven business-building systems and processes enable franchisees to dramatically increase their profits and expand their franchises,” said Keresa Richardson, brand president and Benjamin Franklin franchise owner. “As a franchise owner and the elected brand president, I take great pride in seeing our Benjamin Franklin team recognized as one of North America’s top plumbing franchises.”
Clockwork also announced that its One Hour Air Conditioning & Heating has jumped 54 positions to be ranked as the 117th franchise in Entrepreneur’s Franchise 500. One Hour Air Conditioning & Heating took the #1 spot in the HVAC category for the second year in a row having jumped 141 positions over the last five years.
Additionally, Clockwork’s Mister Sparky America’s On-time Electrician has jumped 155 positions to be ranked as the 243rd franchise in Entrepreneur’s Franchise 500. Mister Sparky is now in the top half of franchises, having not even been on the list four years ago.
All franchisors are given the opportunity to supply pertinent information associated with their franchise offering to Entrepreneur Magazine. This data, collected from hundreds of franchisors, is placed with an independent auditor for evaluation, ensuring that no franchisor has the ability to gain an unfair advantage. When the data crunch is completed, the results are published for all potential franchise buyers to evaluate.
Sarasota, Fla.-based Clockwork Inc. works to improve contractors through affinity group membership and nationally branded franchises. Its companies include Mister Sparky Franchising, Benjamin Franklin Plumbing Franchising, One Hour Air Conditioning & Heating Franchising, BuyMax, Plumbers' Success International, Electricians' Success International, AirTime 500, and Success Academy. Clockwork is a wholly-owned subsidiary of Direct Energy and Centrica plc.
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