TL;DR
Service brands reported strong 2021 results and continued to expand in early 2022, with several brands announcing new franchise agreements, locations, and sales growth. Brands such as 1-800-GOT-JUNK?, Dogtopia, and Express Employment Professionals saw significant growth and expansion in 2021.
Service brands continue to appeal in 2022. Selling points can include a lower cost of entry, no retail storefront, no perishables, a simpler business model, and the ability to work from home during the pandemic (even as it shows signs of receding). Here’s a quick sampling to whet your appetite for expansion opportunities and portfolio diversification in 2022.
Visit our Franchise Expansions & Growth News web page for ongoing service brand news. 1-800-Got-Junk? To Launch 4 New Franchisees, Expand 4 Existing Areas by May 9Round Set To Open New Facilities in Indonesia and Vietnam Dogtopia Wraps 2021 with Strong Year of Growth Express Employment Professionals Sales Up Nearly 30% in 2021 with Record-Breaking $1 Billion Q3, Q4 Heyday Closes First Year of Franchising with 100 Signed Franchise Agreements InXpress USA Hits $100 Million in System Sales, Up 53% YOY Jellystone Park Signs 3 New Agreements for Illinois, Maine, and Ohio Mayweather Boxing + Fitness Co-Founder To Open Newport Coast, CA Location Medi-Weightloss Opened 7 Locations, Signed 15 New Franchises in 2021 NerdsToGo Seeks Franchise Expansion in Milwaukee, Targets 8 Units Perspire Sauna Studio Reports Record-Breaking 2021 with 8 Studios Opened, 60 Locations Awarded Pet Supplies Plus Acquires 15-Unit Wag N’ Wash PuroClean Says 2021 Was Best Year Ever, with 77 New Franchisees and 55 New Locations Open Realty ONE Group To Open in Italy RNR Tire Express Opened 20 New Locations in 2021, Signs 4 MU Deals for 31 More Sport Clips Announces Enhanced Scholarship Program for Cosmetology Students in U.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on February 24, 2022. Burnaze summarizes and links to the original reporting.
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