DreamMaker franchise’s same store sales growth — +23% — is drawing attention
DreamMaker Bath & Kitchen franchisees’ averaged same-store sales growth of more than 23% in 2013. That’s more than seven times the growth rate of the overall industry, which grew 3.1% in 2013 according to the U.S. Census Bureau.
Our franchisees’ success caught the attention of “Small Business Opportunities” magazine, which recently ran an article highlighting the business and the factors driving our success.
According to the U.S. Census Bureau, remodeling spending increased 3.1% in 2013. The Wall Street Journal writes that the industry’s growth likely was propelled by rising home values, which have made home equity loans more accessible, as well as by a limited inventory of new homes, which has made the prospect of remodeling an existing home more attractive.
Growth for DreamMaker
The growth for DreamMaker Bath & Kitchen reflects two main things, according to DreamMaker President and Chief Stewarding Officer Doug Dwyer. First, as homeowners have returned to the remodeling market, they are eager to hire remodelers they know and trust, or who have been heartily recommended by friends and family. Second, there is less professional competition in the marketplace. Only remodeling businesses with strong business systems and loyal customer bases survived the recession. DreamMaker franchisees, who receive great support and training, have been able to meet and win over more customers.
“If you have good vendor relationships, a solid marketing plan and excellent systems for running a successful business, this is a great time to start a remodeling business,” Dwyer said. “The economy is improving, and there is still tremendous pent-up demand for professional home improvements.”
DreamMaker franchise expanding
The DreamMaker franchise has 34 franchisees and plans to expand to 40 by the end of 2014. We help franchise partners stand out by offering savvy, proven marketing plans and tools, excellent systems for operating your business, and a wealth of support to help you grow. To learn more about the remodeling industry and why we are excited about the growth potential for our franchisees, visit our research pages. To learn even more, fill out a form to download our free franchise report and start a conversation. We look forward to talking with you!