Belfor Franchise Group, an Ann Arbor-based global residential and commercial services franchisor, announced that four of its franchise brands have been named among 150 Top Franchises for Veterans in 2024 by Entrepreneur magazine.
The ranking is based on a survey and takes into consideration franchises that offer incentives such as a franchise fee discount, and other programs that support veterans to become franchisees.
In the ranking announcement, Entrepreneur notes, “Veterans make up around 6 percent of the U.S. population, but according to the International Franchise Association (IFA), they account for around 14 percent of all franchisees.”
“The leadership qualities and military experience our veteran franchisees bring to each of our brands, combined with our world class training and support systems, are a perfect combination for business ownership success,” says Doug Smith, senior vice president of franchise development at Belfor. “We are honored to have four of our brands represented on this elite ranking, and proud to have veteran franchisees serving their communities across the country.”
In 2024, the franchise brands earning recognition include: 1-800 WATER DAMAGE, redbox+ Dumpsters, Chem-Dry, and The Patch Boys.
“Being recognized once again on Entrepreneur’s Top Franchises for Veterans list reaffirms our belief that veterans are an ideal fit for owning a 1-800 WATER DAMAGE franchise,” says Tim Fagan, president of 1-800 WATER DAMAGE. “We admire our veteran owners for their unwavering commitment to both their communities and our country. It’s an honor to support them in achieving their dreams.”
For more information about Belfor Franchise Group and its 14 residential and commercial service brands, visit belforfranchisegroup.com.
