Demand for Functional Home Improvements Leads to Record Growth Year for ShelfGenie
"Cabinet Whisperer" Expands Into 21 New Territories in 2014; Experiences a 24 Percent Increase in Retail Sales
ATLANTA - January 27, 2015 - (BUSINESS WIRE) - Consumer spending on functional home improvements is on the rise. Not only are people looking to add value to their home, but they are seeking ways to improve accessibility and organization of spaces utilized on a daily basis. As homeowners are progressively transforming often-overlooked places, such as cabinets, it has led to a record growth year for ShelfGenie, the industry leader in custom designed, pull-out cabinet shelving solutions.
With more than 160 locally owned and operated franchise locations operating throughout 22 states and Canada, ShelfGenie closed out 2014 with the addition of nine new franchise owners and expansion into 21 new territories across North America. With major multi-unit deals signed for Miami, Toronto and Vancouver last year, the company anticipates the addition of 30 new territories in 2015, with a focus on continued franchise development efforts in California.
"Because of the strong culture of support that we have put in place, we have been able to reach a momentous level of growth," said Allan Young, CEO of ShelfGenie, commenting on the company's 40 percent growth experienced in the second half of 2014 alone. "We've gone great lengths to establish strong support within a proven business model for our franchise owners. Through various initiatives, such as implementing a topgrading hiring approach, we have established a team of high-performing employees and franchise owners that are constantly motivating each other to redefine success."
With a staggering 24 percent growth in retail sales last year, ShelfGenie was named as a five-time Inc. 5000 honoree and was also recognized as one of America's fastest growing companies by Inc. Magazine. Furthermore, Entrepreneur magazine ranked the company at No. 220 in its 36th Annual Franchise 500 list of top franchise opportunities.
"In addition to forming a top notch team, ShelfGenie has established a comprehensive system of resources and support services that allows franchise owners to focus on developing their business," said Andy Pittman, who has 24 years of experience in the franchise industry as a multi-concept owner and opened his ShelfGenie franchise in 2009. "My business partner and I never feel like we are going at this alone. There is always a family of home office team members and fellow franchise owners to discuss tactics with and ensure everyone is on the right track toward meeting their goals."
Beyond franchise growth, ShelfGenie's customized experience for each client has achieved remarkable customer satisfaction, with a high Net Promoter Score (NPS) of 80, beating out such companies as Apple and Southwest Airlines.
ShelfGenie is continuing to rapidly expand in 2015 with the goal of executing franchise agreements in the West Coast, including Los Angeles, San Francisco and San Diego. For more information on the ShelfGenie franchise opportunity, visit www.shelfgenie.com/franchises.
Based in Atlanta, GA and founded in 2000, ShelfGenie is the industry leader in customized cabinet shelving solutions. With more than 160 locally owned and operated franchise locations operating throughout 22 states and Canada, ShelfGenie solutions are tailored to a consumer's needs and the way they live. ShelfGenie's affordable, high impact shelves are designed to provide homeowners with easy access to their belongings in the kitchen, pantry, bathroom, garage or anywhere there is a cabinet or shelf. For more information on ShelfGenie, visit http://www.ShelfGenie.com/pr or call (888) 543-4366.