DreamMaker Franchise's Growth Outpacing the Remodeling Industry
DreamMaker Franchise's Same Store Sales Grew 23% in 2013, More Than Seven Times Faster Than the Overall Remodeling Industry
WACO, TX - (Marketwired - Apr 8, 2014) - The DreamMaker franchise saw same store sales for its remodeling franchisees increase by 23% in 2013 from the year before, a rate of growth that was more than seven times the industry's growth.
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.
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."
He is planning to add franchise partners throughout the United States who would benefit from DreamMaker's expertise in starting and growing remodeling businesses. The company has 34 franchisees throughout the country and hopes to grow to 40 by the end of 2014.
DreamMaker provides systems, training and marketing support to help franchisees build businesses designed to produce strong margins and a great quality of life. To learn about the company and our core values, and to read stories from franchisees and customers, visit www.dreammakerfranchise.com.
DreamMaker Director of Marketing