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ShelfGenie Franchise ProfileHome Based Franchises > Home Repair Services |
How To Open a ShelfGenie Franchise?
To begin your journey as a ShelfGenie franchise owner, you’ll first need to fill out a franchise application. Once submitted, you may have discussions with the ShelfGenie franchise development team to ensure alignment with their brand values. Following initial interviews, qualified candidates are typically invited to a discovery day where you can learn more about the business model, meet existing franchisees, and explore operational insights. If you’re selected, you’ll be awarded a franchise and can start the process of setting up your new business focused on custom shelving solutions.
What Makes a ShelfGenie Franchise a Smart Investment?
Before committing to a ShelfGenie franchise, it’s crucial to conduct thorough research and consult with financial advisors or franchise attorneys. Assess the local market demand for home organization and storage solutions, as this will impact your potential success. The initial investment includes a franchise fee along with startup costs for equipment and marketing. ShelfGenie also has ongoing royalty and marketing fees that you should factor into your financial planning. Their support for veterans through franchise fee discounts is an additional incentive worth considering.
Why You Should Consider Becoming a ShelfGenie Franchisee?
ShelfGenie specializes in transforming spaces with custom shelving and organizational solutions, which are increasingly sought after by homeowners looking to maximize their space. If you have a passion for home improvement and enjoy helping people, this franchise opportunity may resonate with you. ShelfGenie provides comprehensive training to equip you with the necessary skills to run your business effectively, including sales techniques and installation processes. Their established brand reputation and customer-centric approach can significantly enhance your chances of building a successful franchise.
Is a ShelfGenie Franchise Right for You?
ShelfGenie has been helping homeowners optimize their storage solutions since its inception and has grown into a recognized name in the home improvement sector. With a network of successful franchises, this opportunity allows you to tap into a thriving market. However, it’s essential to evaluate your own strengths and resources, as the home improvement industry can be competitive. Do you have a knack for sales and customer service while being motivated to transform spaces? If so, a ShelfGenie franchise could be a rewarding venture for you.
ShelfGenie Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
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ShelfGenie Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.
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Units | 2021 | 2022 | 2023 |
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Total Units | 194 | 240 | 256 |
Net Change YoY | 46 | 16 | |
Franchised Units | 178 | 227 | 240 |
Net Change YoY | 49 | 13 | |
Corporate Units | 16 | 13 | 16 |
Net Change YoY | -3 | 3 |
Company Background
ShelfGenie is a home organization franchise specializing in custom-designed shelves and storage solutions that enhance the functionality of residential spaces. Founded in 2000, the franchise has grown to over 100 locations across North America, focusing on transforming kitchens, closets, and other areas of the home with high-quality, durable products. ShelfGenie prides itself on its unique Glide-Out shelves, which offer easy access and improved storage capacity, catering to homeowners looking to maximize their space and improve organization.
Franchise Opportunity
Investing in a ShelfGenie franchise presents a unique opportunity to enter the home improvement industry with a well-established brand. Franchisees benefit from a comprehensive training program, ongoing support, and a proven business model that emphasizes customer satisfaction and quality service. With a growing demand for home organization solutions, ShelfGenie offers franchisees the potential for strong returns on investment while enabling them to make a positive impact in their communities through improved living spaces.
Corporate Structure
ShelfGenie is operated by ShelfGenie, LLC, a company founded in 2000. The franchise has its headquarters in Richmond, Virginia, where it manages franchise development and provides support to its network of franchisees. The corporate team focuses on product innovation, marketing strategies, and operational efficiency, ensuring that franchisees have the necessary resources to succeed in a competitive market.
Royalties
ShelfGenie franchisees are required to pay an initial franchise fee and ongoing royalties, which are typically around 6% of gross sales. Additionally, franchisees contribute to a national marketing fund, which helps promote the brand and drive customer traffic to locations. These fees are essential for maintaining brand integrity and ensuring franchisees benefit from collective marketing efforts and ongoing support.
Company Mission
The mission of ShelfGenie is to help homeowners achieve a more organized and efficient living environment through innovative storage solutions. By focusing on quality craftsmanship, personalized service, and a commitment to customer satisfaction, ShelfGenie aims to transform homes while providing franchisees with the tools and support needed to thrive. The company believes that everyone deserves a beautifully organized home, and it strives to deliver that experience with every project.
Brand Story
ShelfGenie began its journey in 2000 when it was founded with the vision of revolutionizing home storage solutions. The brand quickly gained recognition for its innovative Glide-Out shelves, which allow homeowners to access every inch of their storage space effortlessly. As the demand for home organization grew, ShelfGenie expanded its franchise model, attracting passionate entrepreneurs dedicated to improving homes across North America. Today, ShelfGenie stands as a leader in the home organization industry, known for its commitment to quality and exceptional customer service.
Frequently Asked Questions
The initial franchise fee for a ShelfGenie franchise is $69,500, which covers two adjacent territories of approximately 125,000 households each. Additional fees apply for territories beyond this size.