FranchiseWorks.com:
Inc. magazine has ranked Fiesta Auto Insurance in the top 6 percent of the publication’s 500/5000 list of the fastest-growing private companies in the United States.
Ranked at No. 343 on the list, the nation’s only insurance and tax preparation franchise achieved the high rating based on its 853 percent three-year revenue growth rate. In the survey’s insurance category, the chain ranked ninth out of 69 companies.
“We are proud to be recognized by such a prestigious magazine for our outstanding growth,†said John Rost, founder and CEO of Fiesta Auto Insurance. “In the first quarter of 2010 alone, the 20 new franchise locations that we opened increased our footprint to more than 75 units operating throughout the nation. We look forward to continuing our aggressive expansion and moving up the Inc. list for many years to come.â€
The companies on the 2010 Inc. 500 | 5000 are ranked according to percentage revenue growth from 2006 to 2009. To qualify, companies must have been founded by June 30, 2006, and generating revenue since then. In addition, they must be privately held, for-profit independent firms based in the United States, not subsidiaries or divisions of other companies, as of December 31, 2009.
