ShelfGenie

Overview:

ShelfGenie is a home services franchise that specializes in custom-made, pull-out shelving and organizational solutions for kitchens, bathrooms, pantries, and other areas of the home. It transforms existing cabinetry by maximizing storage space and improving accessibility, turning everyday frustrations into joy. The franchise operates under the umbrella of Neighborly, the world’s largest home services company, which gives franchisees access to a wide range of resources and support networks.

History:

ShelfGenie was founded in 2000 and began franchising in 2008. Over the years, it has grown significantly, with more than 260 territories across the U.S. and Canada. As part of the Neighborly group, ShelfGenie benefits from the expertise and infrastructure of a large, well established parent company, allowing it to offer robust support and scalable business models to its franchisees.

Investment Breakdown:

The initial investment required to start a ShelfGenie franchise ranges from $90,600 to $135,500. This includes the franchise fee, which is typically around $69,500, as well as costs associated with equipment, inventory, and working capital for the initial startup period. ShelfGenie offers financing options through third-party lenders to help franchisees manage these costs. Additionally, the franchise offers a 20% discount on the franchise fee for qualified veterans, making it an attractive option for former military personnel.

Industry Snapshot:

ShelfGenie operates in the home improvement and organizational services industry, a sector that has seen steady growth in recent years. As homeowners continue to invest in making their living spaces more functional and efficient, the demand for custom storage solutions like those offered by ShelfGenie is expected to remain strong. The franchise's focus on high quality, customized products sets it apart in a market that values innovation and personalized service.