Why is Richmond an Ideal Market for a DreamMaker Bath & Kitchen Remodeling Franchise?
DreamMaker Bath & Kitchen is looking for a franchise partner in Richmond, Virginia
The DreamMaker Bath & Kitchen remodeling franchise is booming. Average franchisee revenue grew more than 60% from 2011 to 2014, and this is shaping up to be another great year for the remodeling franchise. Now we’re looking to grow by partnering with an entrepreneur in Richmond, Virginia.
Why Richmond? Why now?
Richmond is a prime market for a remodeling franchise. Home prices shot up 5% from May 2014 to mid-2015, according to Long and Foster Market Minute, and a mix of rising prices and low housing stock means that many homeowners are choosing to remodel their homes rather than move into hard-to-find new housing.
There are more than 530,000 housing units in the Richmond area according to a report published by the US Department of Housing and Urban Development on the city’s Comprehensive Housing Market Analysis, and the Joint Center for Housing Studies at Harvard University recently cited Richmond as an ideal location for remodelers to set up shop. The university’s study makes clear that Richmond’s growing population of people ages 55-64 is the demographic most likely to remodel their homes because a) they have the money to do so, and b) they would prefer to age in place. This makes Richmond a great place for a remodeling business!
Bring a great remodeling franchise to your community
Franchise Business Review, a research firm that studies franchises and ranks companies based on franchisee satisfaction, recently named DreamMaker Bath & Kitchen to its list of top franchise opportunities. We were the only full-service remodeling company to make the list. DreamMaker Bath & Kitchen helps entrepreneurs and remodelers attain strong financial numbers while improving their quality of life. Our franchise owners enjoy much stronger margins than most remodelers — above 40% gross profit margin in 2013 and 2014 — 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.
Build your success on ours
“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.”
Learn more about franchise opportunities in Richmond
DreamMaker Bath & Kitchen is now awarding prime franchise territories to qualified franchisees with a passion for enhancing lives and improving homes. No construction or remodeling experience is required. Just submit our form to the right and begin our franchise discovery process today to learn how you can start a remodeling franchise in Richmond with DreamMaker Bath & Kitchen!
Richmond fast facts
- There are more than 530,000 housing units in the Richmond area.
- Richmond has a growing population of Baby Boomers who are nearing retirement, making them likely candidates to spend money on home remodeling projects.
- Home prices have risen 5% since 2014.
DreamMaker fast facts
- 60% average unit revenue growth since 2011
- Winners of more than a dozen Big50 Remodeler Awards since 2000
- Total initial investment: $94,895 – $257,745
- Leadership team with deep roots in remodeling industry