SERVPRO earned the No. 8 spot in Entrepreneur Magazine's 2011 Franchise 500 ranking, moving up one notch from 2010.
The disaster recovery and restoration franchise company also placed No. 1 in its category for the eighth consecutive year.
"This recognition from Entrepreneur Magazine emphasizes the value of SERVPRO, not only to the franchises, but to the clients in the Brazil area," SERVPRO Industries, Inc., Executive Vice President Rick Isaacson said.
"We're proud of the service that SERVPRO offers to its clients, and the franchises work hard to earn trust with every job they do."
SERVPRO specializes in disaster restoration, cleanup and repair services, helping to remediate fire or water damage for both commercial and residential customers.
SERVPRO also offers mold remediation, carpet and upholstery cleaning and other home-maintenance and restoration services.
The eighth-place ranking in the 2011 Franchise 500 list represents the second-straight year the company has earned a top-10 ranking, moving up from No. 9 in 2010.
The Entrepreneur Magazine rankings process begins when franchisors complete a survey and submit a Franchise Disclosure Document (FDD).
Once the document has been verified by Entrepreneur and certain other qualifications are met, the franchisor is eligible to be considered for the rankings.
Qualifying franchisors are then ranked based on "objective, quantifiable measures of a franchise operation," according to Entrepreneur.
Those quantifiable measures include financial strength and stability, rate of growth and system size, litigation, length of time in business and more.