Premium Service Brands Accelerates Growth in Q3 with Major Expansion Across Key U.S. Markets
CHARLOTTESVILLE, Va. (OCTOBER 22, 2024) – Premium Service Brands (PSB), a leading franchisor in the North American home services industry, is celebrating an impressive third quarter marked by substantial growth and key recognitions. The company added a total of 37 new franchise territories across the U.S. between July and September of this year, showcasing the strength of its portfolio and commitment to quality service in local markets.
In September alone, PSB secured 11 new territories, including notable expansions in Fort Worth, TX, Fort Myers, FL, and Houston, TX. August proved equally successful with the addition of 16 new territories, with Virginia Beach, VA, Franklin, TN, and Raleigh, NC standing out as key areas. July saw 10 new deals, surpassing the previous year’s total of eight for the same month. Notably, PSB expanded its presence for two of its brands: House Doctors added three more deals than last year, while The Grout Medic saw a surge with four more deals year-over-year.
“Premium Service Brands continues to see strong momentum as we expand our footprint across key markets,” said Brian Hill, Senior Vice President of Franchise Development for PSB. “Our team’s dedication to providing top-notch support to our franchisees and helping them thrive in their communities is the driving force behind our success.”
In September, PSB matched last year’s deal count but exceeded expectations by adding two more Grout Medic locations and four additional House Doctors territories, illustrating the brand's increasing popularity and franchisee satisfaction.
“Each new territory we add is a testament to the trust our franchisees place in Premium Service Brands,” said Paul Flick, Founder and CEO of Premium Service Brands. “We are committed to supporting them with the tools and resources they need to succeed, and that’s reflected in the ongoing expansion of our brands.”
This quarter also brought significant accolades from a national perspective as well. Premium Service Brands was named to the prestigious Inc. 5000 list, recognizing the company as one of the fastest-growing private companies in the country. Additionally, PSB’s flagship brand, 360 Painting, was honored with a spot on the Franchise Times Top 400 list, further solidifying its reputation as a leading name in the franchising world.
“These awards are a reflection of the incredible growth we’ve experienced and the hard work of our entire team, including our franchise partners,” added Flick. “We’re excited to build on this momentum as we continue into the final quarter of the year.”
For more information about Premium Service Brands and its franchise opportunities, please visit www.premiumservicebrands.com.
About Premium Service Brands:
Premium Service Brands (PSB) is a leading franchisor of home services brands, including 360° Painting, ProLift Garage Doors, Maid Right, Kitchen Wise | Closet Wise, Window Gang, Rubbish Works, The Grout Medic, House Doctors, and Rooterman. Founded on the principles of exceptional support and training for franchise owners, PSB is dedicated to helping entrepreneurs achieve their dreams and build successful businesses. For more information, visit www.premiumservicebrands.com.
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