WACO, Texas - The Dwyer Group, a holding company for six home improvement and repair franchise brands, sold a record 235 new franchises in the United States and Canada in 2007. According to the company, this number represents approximately 24 percent more than the 190 franchises the company sold in 2006. The group’s companies include Aire Serv®, Glass Doctor®, Mr. Appliance®, Mr. Electric®, Mr. Rooter® (Drain Doctor in the UK), and Rainbow International®.
“It was another incredible year of accelerated sales growth,” said Mike Bidwell, president of The Dwyer Group. “Individuals who wanted to own their own business without reinventing the wheel saw added value in being part of our franchise network to meet that increasing demand.”
A growing percentage of the group’s franchise sales came from conversions, whereby independent owners and operators rolled their existing businesses into Dwyer Group franchise brands for the benefits of national name recognition, collective buying power, preferred vendors, peer networking, and marketing and training expertise.
The company also reported that additional franchises were sold through master license arrangements with other countries as well.
For more information, visit www.dwyergroup.com.
Dwyer Group Sets Franchise Sales Record
February 4, 2008