‘Entrepreneur’ Magazine Names ShelfGenie Franchise a Top Franchise Investment
The premier shelving solutions franchise is off to a banner year with top industry accolades and plans for rapid nationwide expansion
ShelfGenie franchise once again lands on Entrepreneur magazine’s prestigious Franchise 500 list of top franchise opportunities in the nation, coming in among the best bets for investors. Our premier shelving solutions franchise is kicking off another year of exciting developments that includes continued expansion in the U.S. and Canada.
The inclusion of ShelfGenie to Entrepreneur’s Franchise 500 list for 2017 marked ShelfGenie’s seventh consecutive appearance on the highly-regarded rankings, reflecting our rapid growth, superior product offering and proven track record of success over the long-term.
“We’re very proud of this latest ranking by Entrepreneur, which singles ShelfGenie out as a top choice for entrepreneurs,” says Scott O’Hara, Managing Director of ShelfGenie. “ShelfGenie transforms the lives of our clients, and they really respond to both the product and the franchise owner in a personal way. Never before has the vital need for our products been made more clear than it was in 2016, and we’re excited about expansion opportunities in the new year.”
“Entrepreneurs in every industry must constantly improve and adapt, and our Franchise 500 list is full of success stories,” says Jason Feifer, editor in chief of Entrepreneur. “No matter what their concept is, these companies — from booming newcomers to established industry dominators — tell us a lot about what it takes to keep up with current trends in the business world.”
Entrepreneur’s Franchise 500 list is the U.S. media’s top franchise ranking system. Nearly 1,000 brands registered for ranking on the 38th annual list 2017. Entrepreneur compiles extensive data in determining which brands make the cut; the metrics used to determine the list measure a brand’s staying power and proven business model, and how well a brand is positioned for nationwide growth.
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
As ShelfGenie continues to grow in key U.S. markets, our brand helps transform people’s lives, providing solutions that help people stay organized and stay in their homes longer.
ShelfGenie franchise provides much needed solutions to a broad range of consumers
ShelfGenie solutions are high-quality, American-made shelves that appeal to homeowners — from millennials to baby boomers — who want to make their living areas more functional and easier to use. The $210 billion home improvement industry is booming and so are the numbers of homeowners who want to remain in their own homes well past retirement.
We meet a demand for more accessible living spaces sought after by the millions of baby boomers who desire to “age in place” in their existing homes and who are actively seeking solutions that help their homes retain value, make their homes safer and create more enjoyable living space. The University of Vermont reports that the use of walking aids (canes, wheelchairs and scooters) “has increased by 50 percent in the past decade, according to a new study, and should continue to increase as the number of seniors is expected to double by 2050.”
“ShelfGenie takes away the frustration and pain that come from living in a home that’s inefficient and poorly designed and transforms that home into a functional space that is made for enjoyment and love,” says Gillian Harper, Chief Operating Officer with ShelfGenie. “That is what we focus on, and our network of franchisees are transforming the lives of our clients every day.”