HOFFMAN ESTATES, Ill. - January 27, 2015 - (BUSINESS WIRE) - Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) ranks No. 12 on Franchise Gator's list of Top 100 Franchises for 2015.
The franchise site studied hundreds of Franchise Disclosure Documents (FDD) to narrow down the list of top franchise opportunities for the New Year, and rated Sears Hometown and Outlet Stores high for outstanding financial stability, growth, transparency, engagement, continuity and sustainability. The Company franchises three store formats that focus on selling home appliances, hardware, tools, lawn and garden equipment and more – Sears Home Appliance Showrooms, Sears Appliance & Hardware Stores and Sears Outlet Stores.
"Our franchise growth is continuing to build momentum as prospective franchisees and multi-unit restaurant franchise operators are increasingly learning about our franchise opportunities," said Scott Nichols, Director, Franchise Business Development at Sears Hometown and Outlet Stores, Inc. "Multi-unit franchisees are attracted to our turnkey business opportunities with no upfront inventory costs, as well as the benefit of our team handling merchandising, transportation logistics, delivery and installation. This saves our franchisees and their teams a lot of time and resources, allowing them to focus instead on the big picture – expanding their franchise portfolios and delivering the highest level of customer service."
With more than 90 percent of its franchise system consisting of multi-unit operators, the Company is focused on continuing its expansion with multi-unit franchisees in key growth markets throughout the United States. Sears Hometown and Outlet Stores, Inc. has specifically identified the following open territories for Sears Outlet Stores where they would prefer, where appropriate, to have a single, multi-unit franchisee in each market: Albany, NY; Albuquerque, NM; Amarillo, McAllen and San Antonio, TX; Bakersfield and Palmdale, CA; Modesto and Fresno, CA; Baltimore, MD/Washington, D.C.; Birmingham, AL; Chicago, IL; Cincinnati and Columbus, OH; Cleveland, OH; Connecticut; Denver, CO; Detroit, MI; Lansing and Portage, MI; Lafayette and Lake Charles, LA; Las Vegas and Reno, NV; Milwaukee, WI; Minneapolis/St. Paul, MN; Philadelphia, PA and South Jersey; Pittsburgh, PA; and Richmond, VA.
Sears Hometown and Outlet Stores, Inc. offers 80 percent financing for the purchase of an existing corporate location. In addition, franchise owners benefit from existing customer relationships, access to premier brands exclusive to Sears and its respective affiliates and ongoing support and training across all areas of the business.
Franchisee Stephen Stark - who owns seven Sears Outlet Stores, 12 Sears Home Appliance Showrooms and one Sears Appliance & Hardware Stores - stated: "It's not often that you get to own your own business with an iconic American brands, so when the franchise opportunity arose, I jumped on it. There is tremendous value in each of the store formats. Plus, the ongoing support from the home office allows me the time to focus on keeping all of my current stores healthy while still pursuing new opportunities and expanding my portfolio."
For more information about Sears Hometown and Outlet Stores, Inc., visit www.shos.com. To learn about the opportunity to own and operate a franchise, visit http://searsempirebuilders.com/ or http://www.franchisegator.com/sears-home-appliance-showrooms-franchise/.
Complete results of Franchise Gator's Top Franchises for 2015 list, including company profiles, can be found at http://www.franchisegator.com/lists/top-100/.
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools and hardware. As of November 1, 2014, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,257 stores across all 50 states as well as in Puerto Rico and Bermuda.
In addition to merchandise, Sears Hometown and Outlet Stores, Inc. provides consumers with access to a full suite of services, including home delivery, installation and extended service contracts.
Sears Hometown and Outlet Stores, Inc. operates through two segments - the Sears Hometown and Hardware segment and the Sears Outlet segment. The Sears Hometown and Hardware segment's stores are designed to provide customers with in-store and online access to a wide selection of national brands of home appliances, lawn and garden equipment, tools, sporting goods and household goods, depending on the particular store. The Sears Outlet stores are designed to provide customers with in-store and online access to purchase new, one-of-a-kind, out-of-carton, discontinued, reconditioned, overstocked and scratched and dented products across a broad assortment of merchandise categories, including home appliances, apparel, mattresses, sporting goods, tools and lawn and garden equipment at prices that are significantly lower than manufacturers' suggested list prices.
SOURCE Sears Hometown and Outlet Stores, Inc.
Fishman Public Relations