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Franchise News Release: Waco, TX - (Oct-19-2000) Success Magazine Ranks Rainbow International #13 in Franchise Gold 200Rainbow International Carpet Care & Restoration Specialists was named to Success Magazine's "Franchise Gold 200" listed in the magazine's October issue. The ranking, considered one of the highest honors in the Franchising industry, listed Rainbow International lucky #13 among the best-rated franchisors in America. "We're extremely honored by the ranking," said Mike Bidwell, president of Rainbow International. "It means that our business model and our services are not only among the best carpet cleaning and restoration providers in the nation, but also the best among any company that uses franchising to grow its concept. That's a huge accomplishment." Since 1981, Rainbow International has become the world's leading chain for indoor restoration and cleaning services ranging from upholstery and drapery cleaning, carpet cleaning and dyeing, ceiling cleaning, air duct cleaning, deodorization and comprehensive fire and water damage restoration and cleanup. Rainbow International has more than 300 domestic locations. Rainbow International is part of the publicly-traded Dwyer Group (Nasdaq:DWYR). Other Dwyer Group companies listed in the "Franchise Gold 200" included: Aire Serv Heating & Air Conditioning, #53; Mr. Electric, #118; and Mr. Rooter, #151. The "Franchise Gold 200" was compiled by Erdos & Morgan, an independent marketing and research firm in New York commissioned by Success for the project. Franchisors were judged on quality of goods or services, financial stability, respect for the franchisor-franchisee relationship, and the ability to meet changing needs in the marketplace. The Dwyer Group Inc., based in Waco, Texas, supports over 900 franchisees in the United States and nearly 400 franchisees in 23 countries. The Dwyer Group's Franchise concepts include: Rainbow International® Carpet Care and Restoration Specialists™, Mr. Rooter® (Drain Doctor® in the UK), Mr. Electric®, Mr. Appliance®, Glass Doctor®, Aire Serv Heating & Air Conditioning® and an associate company, DreamMaker Bath & Kitchen by Worldwide™. Combined, these concepts offer a broad base of residential and commercial services. The Dwyer Group's objective is to reach 2,000 locations worldwide generating over $1/2 billion in annualized system-wide sales by December 31, 2001. |
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