---
title: "Denver Business Journal: Here's Why Colorado Franchisors Expect to See Huge Growth in 2021"
url: https://burnaze.com/article/7e8405b9-cd20-44c3-8a6c-35fa007bdca4
source: "1851 Franchise"
original_url: https://1851franchise.com/denver-business-journal-heres-why-colorado-franchisors-expect-to-see-huge-growth-in-2021-2714063
category: "Franchisors"
industry: "Franchise Industry"
segment: "Franchisors"
topics: ["Regulation & legal"]
published: 2020-10-12T16:11:33.000Z
modified: 2026-11-01T02:26:58.356Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/4251be1b2769e828afa1956acc2ae83c4617.jpg
---

# Denver Business Journal: Here's Why Colorado Franchisors Expect to See Huge Growth in 2021

**TL;DR:** Franchisors in Colorado expect significant growth in 2021 driven by increased demand for service-based franchises. Brent Dowling, CEO of Raintree, notes that while restaurant chain franchise sales are stagnant, service-based businesses like Footprints Floors are seeing an uptick in interest.

*originally published in 1851 Franchise on 2020-10-12. [Read the original](https://1851franchise.com/denver-business-journal-heres-why-colorado-franchisors-expect-to-see-huge-growth-in-2021-2714063).*

## Story

**Since the start of the pandemic and this year’s economic downturn, franchisors have experienced an uptick in inquiries as more people attempt to take control of their own careers through franchising.** **Denver Business Journal** **Data Reporter Ethan Nelson spoke with several franchise experts about this new growth in 2020 and their predictions for franchises moving forward.**

**Brent Dowling, CEO of Denver-based franchise consultancy** **Raintree****, told Nelson, “franchise sales for restaurant chains are stagnant, but the demand from potential buyers is up.” He said potential franchisees are expecting a huge spike in demand from consumers when the pandemic has passed, but until then, service-based, largely virtual businesses are seeing an uptick in interest, making them typically more resilient to economic turmoil. Dowling specifically pointed to Raintree’s flooring franchisor** **Footprints Floors****, which doesn’t have brick and mortar locations, reducing overhead costs.**

**With franchising on the rise right now due to the economic downturn, franchisees in service-based businesses, like** **Footprints Floors****, have the upperhand right now.**

## Entities

- 1851 Franchise (publication)
- franchise growth (topic)
- Franchise Industry (sector)
- Footprints Floors (company)
- Raintree (company)
- Brent Dowling (person)
- economic downturn (topic)
- franchising trends (topic)
- service-based franchises (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/denver-business-journal-heres-why-colorado-franchisors-expect-to-see-huge-growth-in-2021-2714063). Summarized by Burnaze (https://burnaze.com/article/7e8405b9-cd20-44c3-8a6c-35fa007bdca4).