---
title: "Fibrenew closes out Q1 with new unit in Cancun, Mexico"
url: https://burnaze.com/article/aa60d590-0a27-4e05-bcd5-6ba23779b20f
source: "Global Franchise"
original_url: https://www.global-franchise.com/news/fibrenew-closes-out-q1-with-new-unit-in-cancun-mexico
author: "Raghav Patel"
category: "Home Services"
industry: "Home Services"
published: 2022-03-30T08:53:31.000Z
modified: 2026-11-01T22:32:56.655Z
image: https://cdn.global-franchise.com/wp-content/uploads/2022/03/shutterstock_1574952652-1-scaled.jpg
---

# Fibrenew closes out Q1 with new unit in Cancun, Mexico

**TL;DR:** Fibrenew has signed 13 franchise agreements in Q1 of 2022 and opened its first location in Cancun, Mexico. The brand expects to surpass 300 international locations by the end of Q2.

*By Raghav Patel, originally published in Global Franchise on 2022-03-30. [Read the original](https://www.global-franchise.com/news/fibrenew-closes-out-q1-with-new-unit-in-cancun-mexico).*

## Story

The upholstery repair brand has enjoyed a strong 2021 and surpassed 290 units

After a record-breaking 2021 which saw the signing of 40 franchise agreements in 2021 states and an opening in Saudi Arabia, the mobile upholstery repair brand Fibrenew has signed 13 franchise agreements in Q1 of 2022. The brand also opened its first location in Cancun, Mexico, further proving the value of the brand and its services.

“ Fibrenew has spent decades building a reputation founded on proprietary repair techniques which has positioned us as an industry-leading franchise opportunity,” said Jesse Johnstone, president of Fibrenew.

“Our team continues to drive excitement around our brand and both investors and consumers alike are taking notice. I am confident Fibrenew will be the brand to watch as we head into the second quarter and beyond.”

The brand expects to surpass 300 international locations by the end of Q2 and will also host its international conference in Nashville, Tennessee in September 2022. Fibrenew registered a 16 per cent year over year growth from 2020 into 2021, and are projecting 15 per cent growth in 2022.

The brand equips all new franchisees with hands-on training, in-house technology for operations and ongoing workshops to build knowledge.

## Entities

- unit expansion (topic)
- Home Services (sector)
- Global Franchise (publication)
- international expansion (topic)
- Raghav Patel (person)
- James Fell (person)
- franchise agreements (topic)
- Fibrenew (company)
- Cancún, Mexico (location)

---
Originally reported by Raghav Patel, Global Franchise (https://www.global-franchise.com/news/fibrenew-closes-out-q1-with-new-unit-in-cancun-mexico). Summarized by Burnaze (https://burnaze.com/article/aa60d590-0a27-4e05-bcd5-6ba23779b20f).