November 29, 2023 // Franchising.com // PHOENIX – Re-Bath, the nation’s largest complete bathroom remodeling franchise, announces four signed agreements – all with existing franchisees – further validating the franchise opportunity and proven business model. This news builds on the brand’s impressive development efforts as it inches closer to a unit count of over 150 in the coming years.
Existing franchisees are doubling down on their investments with the brand, validating Re-Bath’s unparalleled franchise office support and infrastructure for growth. Behind the four newly signed agreements are:
Large retail partnerships have proven successful for Re-Bath’s overall growth and market share gains, driving nearly a 31% year-over-year increase in systemwide franchise installed sales. Not only are these partnerships with top-tier retailers helping to elevate brand awareness, but they are also contributing to franchisee’s bottom line. Per Re-Bath’s Franchise Disclosure Document, franchisees that opened prior to 2020 had average revenues of $4.9M in 2022*.
“We’ve set forth aggressive franchise development goals, and when existing franchisees choose to expand their commitment, it truly validates our business model as we continue to welcome new owners to the system as well,” said Brad Hillier, CEO of Re-Bath. “This validation from within our own franchisee community reinforces the trust and partnership that defines our brand’s success. We are excited to see our franchise family grow, knowing that their enthusiasm and entrepreneurial spirit will continue to shape our collective future.”
With the home improvement industry projected to reach $620B by 2025, Re-Bath is poised to continue its market leadership and growth. The brand continues to seek strategic franchise partners to expand its footprint nationwide. Company leadership has identified prime growth markets across Florida, including Tallahassee, Gainesville, North Tampa, and Port St. Lucie, as the state continues to experience a major housing boom.
The impressive growth achieved by the brand has not gone unnoticed as Re-Bath recently earned the No. 283 spot on Entrepreneur Magazine’s 2023 Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Re-Bath also ranked No. 2 on Qualified Remodeler’s Top 500 Nationals List and was recognized as No. 1 in the “Best Bathroom Renovations” category on Bob Vila’s 2022 Best Home Improvement Contractors of 2022 Ranking.
For more information on Re-Bath and franchise opportunities, visit www.rebathfranchise.com or call 888-454-8842.
*The figures reflect the average gross sales per franchise unit and average gross profit for 63 Re-Bath franchised businesses that opened prior to 2020. These averages are based on a 52-week fiscal period from January 1, 2022 through December 31, 2022. Of these 63 franchised businesses, 25 (or 39.7%) attained or exceeded the average gross sales per unit and 31 (or 49.2%) attained or exceeded the average gross profit. Some outlets have sold this amount. Individual results may vary. There is no assurance that you will sell as much as the average. See 2023 Re-Bath Franchise Disclosure Document for details.
Re-Bath is the nation’s largest complete bathroom remodeling franchise that has grown to more than 100 locations across the country. The parent company’s first entry in the bathroom remodeling industry occurred in 1978 and focused on the hospitality sector. In 1991, Re-Bath launched its first franchise location to focus on the residential market. The company offers complete bathroom remodels, tub and shower updates, plus aging and accessibility solutions. From simple bathtub replacements to complete bathroom redesigns, Re-Bath makes bathroom remodeling effortless, convenient and affordable, all with professional, friendly and factory-trained installers. Re-Bath is a one-stop service that covers the entire process – from design to done – in three easy steps: consultation, removal, and installation. Re-Bath assembles its own exclusive line of products at its headquarters located in Phoenix, Ariz., and offers best-in-class products from national brands for its customers. For more information, please visit www.rebath.com or www.rebathfranchise.com for more details on the franchise opportunity.
SOURCE Re-Bath
Re-Bath is a full-service bathroom remodeling franchise with a scalable, turnkey model. Backed by national brand power and robust support, it’s a strong opportunity in the booming $400B home improvement industry.