City Wide Franchise is on the Path to Exceed 2017 Growth Goals
(10 months ago)
LENEXA, Kan., Aug. 25, 2017 : City Wide, the nation's leading sales and management company in the building maintenance industry, set admirable goals regarding brand and revenue growth for 2017.
"Given the progress made in the first half of the year, we are in a position to surpass our goals," said Jeff Oddo, president of City Wide. "To do this, we made changes to operations, inspired our franchisees to aim bigger, and implemented new systems and processes. Our system is packed with excitement and we look forward to creating business ownership opportunities for individuals and teams throughout the country as we expand our footprint."
With more than 50 offices open throughout the country, City Wide is focused on growing the brand in new markets with qualified franchisees who have the ambition and skillset to succeed with City Wide.
In the first six months of 2017, City Wide signed six new franchise locations. City Wide is positioned to meet - and potentially exceed - the annual growth goal of eight new locations. Looking ahead, City Wide is challenging itself to award eight to 12 franchises a year. This is noteworthy growth due to City Wide's franchise model having only 142 total territories, which cover the United States. Franchisees manage large territories and are responsible for developing, operating, and growing a significant business that makes an impact on the local community.
In addition to franchise growth, City Wide is experiencing a substantial increase in system wide sales. The brand is expecting a 19 percent revenue increase this year from 2016, which will put the brand within the $200 million range. The City Wide team currently has its sights set on becoming a Top 200 franchise brand.