AGH Clients Ink the Inc. 5000 ListShare
AGH is thrilled to share that several of our clients have made the 2016 Inc. 5000 list of fastest growing private companies in America. Please join us in congratulating 50 Floor, Inc., The Royster Group, and Caduceus Healthcare, on this tremendous achievement. Over the next few months we will be chronicling each client that has made the 2016 Inc. 5000 list and their respective journeys to success.
This month we highlight 50 Floor, Inc., which has been ranked #892 on the 2016 list and has had an astounding three year growth of 448%.
Originally founded in 2007 by Jerel Verner as a complete design center focused on flooring as well as kitchen and bath remodeling, 50 Floor found itself struggling at the height of the recession. As a result, Verner partnered with Matt Carter, and together they chose to take the risk of fully rebranding and redefining the 50 Floor business model. This collaboration laid the groundwork for 50 Floor’s primary focus on flooring, service and a more modern shop-at-home business model. Next, Carter quickly went to work establishing relationships with local news anchors and showcasing the newly redesigned business through local media channels to gain leads. The company’s strategy of tying in advertising with trusted news personalities worked – and it worked extremely well. By the end of their first year, 50 Floor had annualized sales close to half a million dollars. The company quickly scaled and their success has only continued to rise as evidenced by the honor of being on the 2016 Inc. 5000 list.
In less than a decade sales have grown to over $50 million and 50 Floor has expanded to service seven markets: Atlanta, Nashville, Raleigh/Durham and Charlotte, N.C., Orlando, FL., Dallas/Fort Worth, and Austin, Texas – and they’re planning to enter every major market across the country over the next five years.
We are thrilled to have been able to be a part of this journey with 50 Floor and wish them continued success as they continue on their journey of exceptional growth and expansion.
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