Nobody is Saying, ‘Uh-oh’ About Strong ROI and Growth Potential

maaco

“Intrigue is strong on two levels for our brand – individuals looking to build a business with strong ROI and growth potential; and sophisticated investors looking to grow rapidly through the consolidation and acquisition of mom-and-pop shops.” – Dennis Elliott, Vice President of Development and Franchising for Maaco

Joining Franchise Today co-hosts Stan Friedman and Paul Segreto this week is Maaco Vice President of Development and Franchising, Dennis Elliott. Pointing to the Maaco business model as having weathered every economic storm, coming out stronger and stronger and showing each and every time that it is truly resilient to every scenario Elliott shares that same center revenues are growing consistently year over year and have been positive for more nearly a decade.

More than 30 percent of the brand’s growth in 2017 came from acquiring and re-branding independent paint and collision repair shops, versus just 10 percent the year prior. Updated to Maaco’s brand standards, the converted locations often have the benefit of cash flow from the get go. With consolidation continuing to gain steam, Maaco anticipates an even larger percentage of new store growth coming from this non-traditional avenue.

Franchise Today airs LIVE Wednesdays at 12 PM Eastern Time / 11 AM Central Time with on-demand access on iTunes and is proudly sponsored by FRM Solutions and Franchise Foundry.

Franchise Today airs LIVE Wednesdays at 12 PM Eastern Time / 11 AM Central Time with on-demand access on iTunes and is proudly sponsored by FRM Solutions and Franchise Foundry.

Nobody is Saying ‘Uh-oh’ About Strong ROI and Growth Potential

#FranchiseToday on Twitter!

About Our Sponsors

FRM Solutions offers “best-in-Class, CRM and document Management software, designed specifically for franchising. FRM empowers real-time business intelligence, communication and collaboration between all members of the franchisor team and prospective as well as existing franchisees.  This enables you to simply and seamlessly track, access and manage all messages to and from prospective and existing franchisees, including text.  Legal and compliance is simplified too, with FRMs document management and even site visits can be digitally facilitated and scored with FRM.  Make today the day you give FRM a look and assure that all of your candidate and franchisee correspondence, including text messages, are being permanently tracked and stored in candidate and franchisee records. FRM even provides state of the art digital experiences for your prospective franchisees, replacing old style, virtual brochures. No long term contracts, multiple upgrades each year at NO ADDITIONAL COST each year, No Excuses, Just Solutions… On the web at FRMSolutions.com.

Franchise Foundry has been bringing emerging brands to market, for more than 30 years.  The Foundry fosters healthy sustainable growth for their clients, the kind that comes from experience… Franchise Foundry provides both coaching and consulting, a hybrid approach, that delivers more effective solutions for both the franchisor’s Corp. Team, as well as for their franchisees. The Franchise Foundry team is rich in practical, hands-on experience and expertise with, General Business Management, Operational and Change Management, Digital Marketing and of course, Franchise Recruitment and Development. Plus, the Foundry team can also assist you with creating roadmaps for potential mergers & acquisitions and provide you with the guidance needed to navigate them.  Learn more about Franchise Foundry, along with an expanding list of clients, at www.franchisefoundry.com.

Posted in Franchise Development, Franchise Success, Franchise Today, Franchising | Tagged , , , ,

It All Started With a Dalmation!

wagnwash-grooming“Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge.” – Rob Flanagan, President, Wag N’ Wash

‘Real Motivation & Real Dedication’ is the order of the day this week on Franchise Today. Joining co-hosts Stan Friedman and Paul Segreto is Wag N’ Wash president, Rob Flanagan as he shares how those very buzz words are at the core of his brand’s growth. Discussing how Wag N’ Wash is a different franchise, Rob also provides insight into the brand’s position within the booming pet industry.

Franchise Today airs LIVE Wednesdays at 12 PM Eastern Time / 11 AM Central Time with on-demand access on iTunes and is proudly sponsored by FRM Solutions and Franchise Foundry.

It All Started With a Dalmation!

#FranchiseToday on Twitter!

About Our Sponsors

FRM Solutions offers “best-in-Class, CRM and document Management software, designed specifically for franchising. FRM empowers real-time business intelligence, communication and collaboration between all members of the franchisor team and prospective as well as existing franchisees.  This enables you to simply and seamlessly track, access and manage all messages to and from prospective and existing franchisees, including text.  Legal and compliance is simplified too, with FRMs document management and even site visits can be digitally facilitated and scored with FRM.  Make today the day you give FRM a look and assure that all of your candidate and franchisee correspondence, including text messages, are being permanently tracked and stored in candidate and franchisee records. FRM even provides state of the art digital experiences for your prospective franchisees, replacing old style, virtual brochures. No long term contracts, multiple upgrades each year at NO ADDITIONAL COST each year, No Excuses, Just Solutions… On the web at FRMSolutions.com.

Franchise Foundry has been bringing emerging brands to market, for more than 30 years.  The Foundry fosters healthy sustainable growth for their clients, the kind that comes from experience… Franchise Foundry provides both coaching and consulting, a hybrid approach, that delivers more effective solutions for both the franchisor’s Corp. Team, as well as for their franchisees. The Franchise Foundry team is rich in practical, hands-on experience and expertise with, General Business Management, Operational and Change Management, Digital Marketing and of course, Franchise Recruitment and Development. Plus, the Foundry team can also assist you with creating roadmaps for potential mergers & acquisitions and provide you with the guidance needed to navigate them.  Learn more about Franchise Foundry, along with an expanding list of clients, at www.franchisefoundry.com.

Posted in Culture, Franchise Success, Franchise Today, Franchising | Tagged , , ,