Fibrenew Named a Top Recession-Proof Business by Franchise Business Review
Research Data Exemplifies Franchisees Satisfaction with their Investment in Fibrenew
May 27, 2021 // Franchising.com // BLACK DIAMOND, AB - Fibrenew - the mobile leather, vinyl, plastic, fabric and upholstery repair service company - named a top franchise by Franchise Business Review in its report on the Top Recession-Proof Franchise list for 2021. The list takes a look at today’s top franchise brands with the highest owner satisfaction and the greatest opportunity to perform in these historic times.
Fibrenew, included within the “services” category of Franchise Business Review (FBR)’s list in 2021, has pioneered repair techniques, offers proprietary product line and exclusive color matching technology used every day by its global network of technicians. In addition to the brands recognition for resiliency, the franchisee’s feedback has earned the company a Top Franchisee Satisfaction Award for four consecutive years.
The company’s inclusion within the 100 Best Recession-Proof Businesses to Start in 2021, was a direct result of its franchisee survey results that asked a variety of questions related to their experiences and overall satisfaction pertaining to prominent areas of their franchise system, including training and support, operations, financial opportunity and trust within the leadership team and supportive franchise community within the organization.
“Our high franchisee retention rate reflects a network of owners who genuinely love what they do,” said Jesse Johnstone, president of Fibrenew. “Not only do our franchisees enjoy the instant gratification of a job well done when they’re able to see their attention to detail admired directly by the customer, but they also enjoy the freedom to create their own schedule, scaling as they see fit and going after the type of business they want.”
A key strength to the Fibrenew service industry and ongoing stability is its multiple revenue stream and growth potential.
Fibrenew has a robust list of service opportunities including: residential furniture, automotive interior restoration, medical furniture restoration, commercial furniture repair, marine restoration, aviation interior maintenance, RV interior restoration, vinyl siding and PVC window casing repair, light upholstery repair and leather cleaning and protecting.
“An exceptional service-based industry cannot be replaced by e-retailers or AI, we offer something niche but widely needed among residential homes, furniture stores, dealerships and medical offices,” said Johnstone. “We continue to see an increase in our services and growth in our network of owners who serve as an added layer of support, all who are willing to help one another for larger jobs or there to advise as a second opinion.”
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