TL;DR
Fibrenew signed 40 franchise agreements in 2021, demonstrating stability amidst the pandemic. The brand's expansion was propelled by an international agreement to grow its presence in the Middle East, specifically Saudi Arabia.
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Fibrenew
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January 07, 2022 // Franchising.com // BLACK DIAMOND, AB - Amidst the ongoing pandemic, 2021 seems like a difficult year for franchise brands to concentrate on growth, however, the mobile service franchise specializing in the repair, restoration, and renewal of leather, plastic, vinyl, fabric, and upholstery, showed stability in the face of ongoing uncertainty. As a result of both the rising home service sector and the $841.5 billion global repair and maintenance market, Fibrenew signed 40 franchise agreements in 2021.
Fibrenew, a brand well-positioned to help consumers and businesses save time and money wherever possible, has a naturally eco-friendly franchise that provides an alternative to replacement by restoring and conserving goods. This year’s agreements will help meet residential and commercial furniture needs in:
Alabama
Arizona (2)
California (2)
Connecticut
Florida (6)
Idaho
Maryland
Massachusetts
Minnesota (3)
New Jersey
New York
North Carolina
North Dakota
Oklahoma
Oregon
Pennsylvania (2)
Saudi Arabia
South Carolina
Tennessee (3)
Texas (6)
Virginia
Washington
“The last two years have brought a lot of challenges but along with these trials came plenty of opportunities,” said Jesse Johnstone, president of Fibrenew. “Our brand is perfectly positioned to withstand the uncertainty of today’s climate and demand for our services which are done directly where the work is needed – homes, restaurants, dealerships, offices and more.”
The brand’s expansion was propelled by an international agreement which will grow expand Fibrenew’s presence in the Middle East, specifically Saudi Arabia. Franchise Business Review recently ranked Fibrenew on its Top Franchises for 2022 list for the fifth year in a row and the brand was also named the Best of 2022 by Franchise Journal Magazine.
In this story
This story was originally published in Franchising.com on January 7, 2022. Burnaze summarizes and links to the original reporting.
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