Poolwerx has made another of Entrepreneur's franchise rankings.
This time, the Brisbane, Australia-based retail/service franchiser placed 35th on the media company's list of top 200 global franchises. That's between Hooters restaurants (34) and Carl's Jr. (36).
Entrepreneur's list included companies that seek franchisees outside the U.S. and currently have at least five operating locations abroad. When determining the ranking, the media company employs a formula that includes such factors as costs and fees charged by the franchise, support, brand strength and financial stability.
Poolwerx has also appeared on the Entrepreneur Magazine Franchise 500, where it placed 183th, and on the media company's Top Franchises Under $100,000 list, where it ranked 39th.
"Franchising is simply small business done well, and Poolwerx has been able to perfect this business model over the past 25 years," said the company's CEO and founder, John O'Brien. "This has sparked positive growth and development for our company and allowed us to see success for the Poolwerx family both in the United States as well as Australia and New Zealand."
Founded in Australia in 1992, Poolwerx entered the U.S. market in early 2015 and currently reports 66 locations across seven states. It expects to add another 20 stores and 85 service vehicles by year's end.
"In the United States, the pool-service industry is still largely unorganized and independent," O'Brien said. "This has helped Poolwerx achieve several awards and rapid growth, as we're seeing independent operators turn to our best-in-class business model to structure their businesses and be a part of a thriving, continuously growing industry."
The company currently seeks more franchisees in Texas, Southern California, Arizona, Florida, South Carolina, Florida and Georgia. The company trains new franchisees, so it does not require previous experience.
