TL;DR
Neighborly plans to expand across the Canadian market, aiming to establish over 100 franchise units in five markets. The company's chief development officer, Brad Stevenson, believes the home improvement industry's growth makes it a good time to enter the Canadian market.
Neighborly has announced its plans for expansion across the Canadian market with the ambition of bringing Neighborly brands to five markets in Canada: Toronto, Kitchener/Waterloo, Ottawa, Calgary and Vancouver. The franchisor aims to establish over 100 franchise units within these five markets across 11 of the franchisor’s brands.
“With home improvement industry sales reaching approximately 52.5 billion Canadian dollars in 2020 and the sales value projected to continue growing in the coming years, there’s no better time to break into the home service space in Canada than now,” said Brad Stevenson, chief development officer of Neighbourly.
“Homeowners in Canada are in search of the professional services we offer as the desire to repair, maintain and enhance their homes is increasing given the current state of the housing market, making our five target markets ripe with potential for aspiring entrepreneurs to franchise with Neighbourly.”
The following 11 brands are seeing single and multi-unit owners across the identified markets, with the bulk of the opportunities present in Toronto and Vancouver:
Aire Serv
Dryer Vent Wizard
Five Star Painting
The Grounds Guys
Glass Doctor
HouseMaster
Mr. Appliance
Mr. Electric
Mr. Handyman
Rainbow International
ShelfGenie
Neighborly is a member of the Canadian Franchise Association (CFA) and has attended many of the country’s biggest franchising shows such as the Toronto show that took place earlier this year as well as the upcoming Fall Show in downtown Toronto.
“Our increased involvement with the Canadian Franchise Association has opened new doors to inclusion in franchise opportunities across Canada, and as we continue pursuing our growth initiatives, we are excited to share our values and business goals with prospective franchise owners who believe in our business model just as much as we do,” said Stevenson.
“We look forward to forming partnerships with new franchise owners looking to give back to their neighbourhoods by teaming up with a trustworthy, values-driven brand offering home services.”
In this story
This story was originally published by Raghav Patel in Global Franchise on June 24, 2022. Burnaze summarizes and links to the original reporting.
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