The multi-brand franchisor is demonstrating its robust value
proposition for entrepreneurs with impressive results and ambitious
expansion plans for the rest of the year.
CINCINNATI, May 14, 2024
/PRNewswire-PRWeb/ -- Strategic Franchising Systems, the
leading franchise development company offering entrepreneurs
valuable opportunities in high-demand industries, is pleased to
announce yet another groundbreaking quarter marked by significant
growth and innovative product launches.
We've trained more incoming franchisees in
Q1 than we have ever before and we're launching new locations at a
tremendous rate.
The franchisor currently offers five franchise opportunities:
Fresh Coat Painters, the nationally recognized painting franchise;
Caring Transitions, a senior home relocation and estate-sale
concept; The Growth Coach, a business and sales coaching concept;
Pet Wants, the fast-growing natural pet food and pet grooming
brand; and TruBlue Home Service Ally, the only national provider of
total house care — inside and out — for seniors and busy
families.
"If I had to sum up this quarter in one word, it would probably
be 'exciting,'" said Chris Seman,
president of Strategic Franchising Systems. "We've trained more
incoming franchisees in Q1 than we have ever before and we're
launching new locations at a tremendous rate. All the brands have
also exceeded same-store numbers over Q1 of 2023, which is a
testament to our company and the strength of the home services
industry in general."
Since the start of 2024, the company has signed agreements for
36 new units across its portfolio, 11 more signings than Q1
2023.
Particularly noteworthy was the performance of Pet Wants, Seman
said, which experienced its best quarter to date with a 10.8
percent increase in same-store-sales. The introduction of
freeze-dried products and the rollout of new technologies were also
significant milestones that contributed to the brand's success.
This quarter also saw Caring Transitions unveil a brand refresh
that modernized its identity and showcased the evolution of the
organization. This rebranding effort, which included a new logo,
updated brand assets and a redefined mission statement, underscores
the company's commitment to staying at the forefront of the
industry while honoring its roots.
Fresh Coat Painters saw the promotion of Lisa Hudson to brand president this quarter.
Hudson, a seasoned executive with a rich background in leadership
and franchise development, brings over three decades of experience
to her new role at the helm of the brand.
Overall, Seman highlighted the resilience of Strategic
Franchising Systems' brands, which have shown remarkable growth
despite economic uncertainties.
"All of our brands have continued to grow," said Seman. "And
it's not just about new unit growth — it's also about how each unit
grows year over year. Our marketplace experiences mild blips,
avoiding the massive peaks and valleys seen in other systems.
People will always need these services and we are there to provide
them. That is why we've maintained resilience and sustained growth,
continuing to produce and perform across any economic
condition."
Each of the five concepts under the Strategic Franchising
Systems umbrella offers franchise owners an array of attractive
benefits. Every brand starts off as a home-based business, which
allows owners to keep operating costs significantly lower than
those of competitors. All new franchise owners are prepared and
trained with what it takes to be successful entrepreneurs,
including access to business coaching, recruiting, proven marketing
programs and trade secrets for each of the five franchise systems.
That is why Strategic Franchising Systems' brands require no
previous experience.
This exciting quarter culminated in the Strategic Franchising
Systems franchise conference held from March
4-6 in New Orleans. The
event provided an invaluable opportunity for the franchise
community to celebrate all of these recent successes and look
forward to the future together.
"With so much to celebrate, from record-breaking quarters to
significant brand evolutions, it was truly rewarding to gather in
one place, share our successes and strategize for the continued
growth of our franchise network," Seman said. "The conference
really reinforced our sense of community and commitment to each
other's success."
Looking ahead, this commitment to the success and profitability
of franchisees is at the core of Strategic Franchising Systems'
strategy.
"Most of our goals for 2024 are focused on the franchisee
level," Seman said. "We aim to leverage current economic conditions
to ensure our franchise owners are fully capitalized, maximizing
their profitability and have all the necessary assets to succeed
and grow their personal portfolios. We've implemented comprehensive
systems to provide our owners with the opportunity to achieve
greater profitability than they've experienced in the past."
The total investment required to start a Fresh Coat franchise
ranges from $71,150 to $101,250.
The total investment required to start a Caring Transitions
franchise ranges from $63,562 to
$108,612.
The total investment costs to open a Growth Coach franchise ranges
from $54,000 to $75,900.
The total investment necessary to begin the operation of a Pet
Wants ranges from $137,850 to
$219,000
The total investment estimate to begin operations for a TruBlue
franchise ranges from $70,050 to
$96,400.
For more information about franchise opportunities with Strategic
Franchising Systems, visit https://strategicfranchising.com/.
Media Contact
Jessica Tcholakov, Strategic
Franchising, 224-436-1005, jtcholakov@hellomainland.com,
https://strategicfranchising.com/
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SOURCE Strategic Franchising