How Big Is the Customer Demand for Remodeling Franchises?
The DreamMaker Bath & Kitchen franchise is part of a $300 billion annual industry
Harvard’s Joint Center for Housing Studies projects that remodeling activity will break new records in 2015, with spending of more than $300 billion. For businesses that weathered the housing crisis, like DreamMaker Bath & Kitchen, the surge of spending creates a huge opportunity to capture market share. And for those interested in starting a remodeling business, our remodeling franchise offers a battle-tested business model, as well as systems and support to help franchisees capitalize on the opportunity.
DreamMaker Bath & Kitchen is a remodeling franchise that helps entrepreneurs and remodelers earn strong financial numbers while having a focus on improving their quality of life. Our franchise owners enjoy much stronger margins than most remodelers — and their customers report much, much higher satisfaction. DreamMaker’s business practices are guided by biblical principles of service, respect and integrity — and are key to our success.
“We’ve helped existing remodelers take their operations to the next level by providing training and systems to run a stronger remodeling business,” says President and Chief Stewarding Officer Doug Dwyer. “Those same systems and resources have helped entrepreneurs launch brand new remodeling businesses that are among DreamMaker’s top performers.”
DreamMaker franchisees get systems and training to master the management and operations of a bathroom and kitchen remodeling company, and they also receive systems and vendor partnerships that help them profitably provide interior remodeling services.
First and foremost, DreamMaker franchisees offer the niche of professional kitchen and bath remodeling. Additionally, our business model is designed to expand into full interior remodeling as franchisees gain confidence, knowledge and business. The flexibility of our business model encompasses whole-house interior remodels, as well, which means franchisees can maximize their marketing dollars and create lifetime customers.
According to the Harvard Joint Center, 60,000 remodeling firms with payroll across the United States reported revenues greater than $250,000. Of those 60,000, only about 6,000 are members of the National Association of the Remodeling Industry, which is devoted to improving ethics and professionalism within the industry. Six hundred of those remodeling businesses are members of GuildQuality, which produces and publishes customer satisfaction surveys that help homeowners find the best remodelers. All DreamMaker Bath & Kitchen franchises are part of GuildQuality, and within that top group of remodelers, our customer satisfaction scores set us apart. While 92% of customers would recommend GuildQuality remodelers to friends and family, that number rises to 96% for DreamMaker franchises.
“I think people feel we have a higher level of professionalism,” says franchisee Glen Borkowski. “We try to educate people and give them information about all the services we provide, from design to coordination of all aspects of the remodel. It’s a complete service. We also don’t just dive in and start selecting products. We take time to understand the client and what they want, and create a well-thought-out plan.”