How Big is the Demand for ShelfGenie?
Home improvement statistics show demand for ShelfGenie’s services is growing bigger
There’s a reason that ShelfGenie has transformed hundreds of thousands of cabinets in kitchens, pantries, bathrooms and garages since it began transforming spaces in 2007. As part of the $235 billion home remodeling industry, ShelfGenie solutions are high-quality, American-made shelves that appeal to every demographic of the American homeowner, from Millennials to Baby Boomers. And home improvement statistics show that the demand will rise as the senior population increases.
It’s true that all age groups want to make their living areas more functional and easier to use, and our mission is to successfully create unique storage solutions. It’s our mission to transform clients’ lives by designing and implementing custom home solutions that put everything within reach.
Everything in its place
Having everything within reach is particularly of concern for Baby Boomers, who are preparing to age in place in their existing homes. The number of seniors is expected to double by 2050, according to the University of Vermont, and these aging homeowners are actively seeking solutions that retain their value, as well as make their homes safer and more enjoyable to use.
ShelfGenie works for other demographics, too. For instance, our ability to create organized environments allows young homeowners to de-stress and focus on their families. In general, studies show, a more organized home can significantly reduce stress — and even save money.
Pebblebee.com surveyed 1,000 people and found that one in five of us lose or misplace personal belongings every week, according to the New York Daily News. Over a lifetime, replacing lost items can cost an average of $5,591. That’s more than our average ticket price of $2,800. Clients, however, know that replacing the stress of disorganization with renewed joy in their homes is priceless, and that keeps them coming back and recommending us to their friends.
Why we’re growing
The home remodeling industry has been growing steadily since 2013, reports the Joint Center for Housing Studies at Harvard University, and is projected to grow well into the future.
More and more people are choosing to age in place, home improvement statistics show, and while some do choose to remodel, many are discovering that they can get so much value out of the much less expensive ShelfGenie option.
Our top-rated shelving franchise has grown to more than 160 territories in the U.S. and Canada, and we still have attractive territories available. ShelfGenie is ramping up our manufacturing capabilities to allow us to customize storage solutions for more types of residential spaces, as well as commercial businesses.
ShelfGenie has had outstanding growth in retail sales for two consecutive years, and it was named one of America’s fastest-growing companies by Inc. magazine in 2014. We’ve also been named to Entrepreneur magazine’s Franchise 500 List for seven consecutive years.
Here are three key factors on which we base our success:
- We offer clients a superior, personalized experience and then deliver and install well-made, customized shelving products manufactured in our own American facility and backed by a lifetime warranty.
- Our experienced team is committed to providing franchisees with marketing, administrative and business support, plus training for designers and installers that allows franchisees to focus on growing their businesses.
- Our proven business model is focused on scalability, flexibility and ease of management.
More about this opportunity
Home improvement statistics bear out the fact that there is not only ongoing demand for ShelfGenie’s service, but that the demand is likely to grow exponentially as our senior population increases. We invite you to continue exploring our research pages, or fill out the no-obligation form on this page to request our free franchise report.