Service Brands Report Strong 2021 Results, Keep Expanding in 2022

In early 2022, service brands continue to appeal across the board. Selling points can include a lower cost of entry, no retail storefront, little to no perishables, simpler business models, and the ability to work from home during the pandemic and beyond. Sectors such as home maintenance, child care, automotive, lodging, construction, fitness, health, senior care, and more continue to expand. Here’s a quick sampling to whet your appetite for expansion opportunities and portfolio diversification in 2022. Visit our Franchise Expansions & Growth News web page for more service brand news and opportunities.

Asurion Tech Repair & Solutions Opens in Sierra Vista, AZ in Latest Expansion

avid hotels, an IHG Brand, Celebrates 50th Open Property

Bach to Rock Music School Notches 33% Revenue Rise in 2021 to Over $22 Million

CarePatrol Reports Strong 2021 Revenue and a Brand Refresh for 2022

Century 21 System Raises $3.2 Million for Easterseals in 2021

D1 Training Signs 3-Unit Deal for Texas and Kansas

FullSpeed Automotive Celebrates 700th Store with Grease Monkey Opening

Fyzical Therapy & Balance Centers Opens 38, Signs 145 New Agreements in 2021

N-Hance Wood Refinishing Announces 3 Signed Agreements in Florida

Planet Fitness Prices $900 Million Securitized Financing Facility

Postal Connections/iSold It Reports 8.6% Revenue Gain in 2021

Snap-On Reports 2021 Results; Net Sales, Earnings Both Rise YOY

Sola Salons Opens 53, Signs 72 Agreements, Opens 600th Unit in 2021

StretchLab Opens 52, Signs 270 Agreements, & Opens 150th Studio in 2021

The Junkluggers Opens 40 Locations in 2021, More than Doubling Revenue

The Patch Boys Reports Record Sales in 2021

Unleashed Brands Announces Acquisition of Premier Martial Arts