AvenueWest Global Franchise Appears on Inc. 5000 List of America’s Fastest-Growing Private Companies for the 2nd Consecutive Year
August 24, 2022 // Franchising.com // DENVER - AvenueWest Global Franchise has been named one of the fastest-growing companies by Inc. magazine in 2022. AvenueWest ranked no. 1901 on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies, and no. 74 in the real estate industry category.
“For the fifth time and second year in a row, we are thrilled to be recognized by Inc. as one of the fastest-growing companies in the US,” said Angela Healy, AvenueWest Global Franchise CEO. “The real estate industry continues to evolve, creating increased demand for temporary, fully-furnished housing, while also presenting an opportunity for real estate brokers to gain access to a consistent, recurring source of revenue. At AvenueWest Global Franchise, we are excited to continue to be that trusted partner for the corporate housing industry and present opportunities in tier two and tier three cities across America for real estate brokers to own their future within our network of locally-owned and locally-managed corporate housing franchises.”
Today’s housing market positions real estate investors to see their largest return with minimal risk due to a surge in demand for temporary housing solutions. Home prices are at an all-time high, interest rates are on the rise, and inventory remains low while homebuyers have more flexibility to relocate than ever before. The desire for fully-furnished, turnkey corporate housing has never been higher.
AvenueWest, alongside the other companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
To qualify, companies are required to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies. Revenue used for qualification purposes was for the years 2018 through 2021.
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