ShelfGenie – a nationwide leader in customized Glide-Out™ shelving – was recently ranked at no. 274 in Entrepreneur magazine’s list of top franchise opportunities.
The magazine’s annual Franchise 500 recognized ShelfGenie for its exceptional performance in areas such as financial strength and stability, growth rate and the size of the franchise system. Noted by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500 is the world’s first, best, and most comprehensive ranking of the top franchise opportunities in the United States.
Spurred by economic growth and the recovery of the housing market, ShelfGenie closed out 2015 with 14 new franchises sold to new owners. The company, which has territories spanning 29 states and Canada, outpaced last year’s sales revenue by more than 20 percent.
“It’s a great honor to be recognized for the seventh consecutive year by Entrepreneur magazine. ShelfGenie has endured several years of rapid growth, reaching nearly 40 percent growth in overall retail sales since July of 2014,” said Allan Young, co-founder and CEO of ShelfGenie. “Through it all, we haven’t lost sight of the customer experience and providing exceptional products and services. Our franchisees can tap into the enormous home remodeling business and offer products that appeal to everyone and change lives.”
With home improvement spending expected to pick up in 2016, according to Houzz’s state of the industry report, the company anticipates opening 20 new locations over the next year and continuing the positive increase sales growth trend.
Ensuring ShelfGenie’s continued growth, is the company’s commitment to providing the most innovative shelving products available. ShelfGenie Glide-Outs are manufactured to exceptionally high standards in factories in the United States. Designers work with customers to design needs-based shelving solutions that can be installed into any cabinet in the home. The mission to provide customers with a superior product and an amazing customer experience has helped ShelfGenie achieve one of the highest New Promoter Scores on the planet.
The company’s home office provides franchisees with the support of a world-class call center, CRM system, manufacturing facility, media buying and creative services team, allowing a small team of designers and installers in every market to quickly and efficiently respond to the needs of their customers. The company has developed a scalable business model that effectively operates with a commission-only team and without inventory or fixed retail overheads.