(VeteransFranchise.com) - By 3. Updated Jan 6, 2020
OpenWorks Debuts on Inc. 5000 List of Fastest-Growing Private Companies
National Facility Services & Commercial Cleaning Franchise Operator Debuts with Ranking of 2,664 out of 5,000
PHOENIX (Aug. 14, 2019) – OpenWorks, a leading national facility services and commercial cleaning franchise operator, announced it has been named to the 2019 Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The company debuts with a ranking of 2,664 out of 5,000 businesses nationwide on a list that represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
“We are honored to have been included among the elite ranks of the nation’s fastest-growing companies,” said Eric Roudi, Founder and CEO of OpenWorks. “Earning this spot is a testament to the hard work of a talented team and smart, purpose-driven growth plans, which have allowed us to expand our national footprint and seize market share in the facility services and commercial cleaning space.”
OpenWorks has experienced three consecutive years of exponential growth, having doubled in size since 2016 to a total of 23 regional offices across the country. The company, which was also recently ranked on the Franchise 500 List by Entrepreneur magazine, is on track to enter new markets within the next few years and add more than 200 new franchises this year. In total, OpenWorks serves more than 2,000 customers nationwide with a retention rate of over 98% year over year.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and the ability to seize opportunities.”
Not only have the companies on the 2019 Inc. 5000 been competitive within their markets, but the list shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent.
About OpenWorks
OpenWorks is a national facility services and commercial cleaning franchise operator that helps businesses, healthcare facilities and schools make their worlds work better by making their facilities cleaner, safer and healthier. Founded in 1983, the company offers consistent commercial cleaning, janitorial and integrated facility maintenance services through reputable local franchisees. Headquartered in Phoenix, OpenWorks has more than 20 regional offices and more than 700 franchise partners across the country. As one of the fastest-growing franchise operations in the nation, OpenWorks has earned coveted spots on the prestigious Inc. 5000 and Franchise 500 lists. For more information about OpenWorks, visit openworksweb.com. For franchising information, visit openworksfranchise.com.
About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
