Monster Tree Service, a Fort Washington, Pa.-based tree service franchise, awarded an additional 32 territories to 12 franchise partners between July 1 through Sept. 30, setting a new growth record for a three-month span.
“I am tremendously proud of the work our team has done this year, particularly during this past quarter,” said Josh Skolnick, CEO and founder of Monster Tree Service. “We have already exceeded our 2018 goals, and we are committed to ending the year strong. There are still territories available in countless cities from coast to coast, from Boston to Kansas City to Seattle, that are a perfect fit for the Monster Tree business model. We are excited to connect with dozens more forward-thinking, enterprising entrepreneurs who are eager to bring Monster Tree Service to their community.”
The company’s third quarter growth supplements its 250 percent three-year growth; 127 percent growth in Q1 of 2018; and the 26 territories it added from Jan. 1 through June 30, 2018.
As of Sept. 30, Monster Tree Service had 23 franchise partners in 14 states, operating 53 active territories. As of that date, another 17 franchise partners were developing an additional 38 territories around the country, including in eight new states.
By end of the year, Monster Tree Service expects to have 26 franchise partners in 16 states, operating 61 active territories with another 24 franchise partners launching an additional 59 territories in Q1 2019.
The company says it expects to achieve $100 million in annual sales by 2021.
