WACO, TX - (Marketwired - Jan 20, 2015) - Franchise Business Review, a franchise market research firm, announced that DreamMaker Bath & Kitchen joins the elite list of companies earning a spot in its annual Top 200 Franchise Companies List. The list, entitled The Best of the Best, Top 200 Franchise Systems List for 2015, ranked hundreds of participating franchise companies by their overall levels of franchise owner satisfaction.
DreamMaker was ranked 12th in home services. In pure revenue terms, American remodeling spending is expected to grow from $293 billion in 2013 to $383.7 billion by 2018, according to the Home Improvement Research Institute and IHS Global Insight.
"We are extremely excited about our ranking," said President and Chief Stewarding Officer Doug Dwyer. "This reflects our own view of our business. Our franchisees are really enjoying what they do and we expect to have substantial growth in 2015 with the current market conditions."
DreamMaker Bath & Kitchen is a full-service interior remodeling franchise that helps remodelers or those who want to start their own businesses to earn higher profits while also improving their quality of life. Franchise owners enjoy much stronger margins than most remodelers -- and their customers report much, much higher satisfaction. DreamMaker's business practices are guided by biblical principles of service, respect and integrity.
The Franchise Business Review Top 200 ranking puts DreamMaker into an elite group of the best franchise companies in the country. Only companies with excellent fundamentals, great financial position and high franchisee satisfaction scores earn a spot in the ranking. More than 3,000 companies franchise in the United States.
To select its top 200, the franchise magazine surveyed 28,500 franchisees from 350 brands that have at least 10 franchises in North America. The survey ascertained franchisees' thoughts on financial opportunity, training and support, leadership, operations and product development, core values (e.g., honesty and integrity of franchisor), general satisfaction and the franchisee community.
Research by the Joint Center of Housing Studies of Harvard University, drawn from the Census Bureau's American Housing Survey, shows that remodeling activity peaks for homes that are between 25 and 30 years old, trails off slightly, then stays at a relatively high level as homes continue to age. An unprecedented number of American homes are either in, or entering, those peak remodeling years. The total number of U.S. households has doubled since 1970, with the bulk of those homes having been built in the 1970s, '80s and '90s. Therefore, there are tens of millions of homes with remodeling needs.
For in-depth details about a DreamMaker franchise opportunity, download our free franchise report. You can also learn more by visiting our research pages.