This month, Fibrenew will have its global convention in Nashville, where it will celebrate this occasion with its franchisees.
Fibrenew has crossed the landmark of 300 stores, making it the largest leather, plastic, and vinyl restoration franchise in the world. Fibrenew now has 301 locations spread across the United States, Canada, Mexico, Chile, New Zealand, and Saudi Arabia after its most recent training class graduated in August. Through steady, deliberate growth, the brand has continued to outperform competing franchise ideas, further solidifying its position among the elites of the franchising industry.
Fibrenew has been in business for about 40 years and has experienced significant growth despite numerous economic setbacks, solidifying its reputation as a sustainable company. With these newest acquisitions, Fibrenew joins a select club of businesses that have more than 300 franchise sites. According to Franchise Performance Group, only 10% of current franchise brands attain this milestone.
“Reaching and exceeding the 300 locations mark is an exciting and humbling accomplishment,” said Fibrenew’s president Jesse Johnstone. “This was truly a team effort that wouldn’t have been possible if it weren’t for our hard-working franchise partners who put their trust in us, along with our dedicated head office team, talented franchise consultants, and of course our loyal customers to welcome our technicians into their homes and businesses.”
This achievement follows a strong second quarter in which the brand acquired a total of 13 franchisees in nine states and two Canadian provinces.
This month, Fibrenew held its global convention in Nashville, where it shared this occasion with its franchisees. The company also took the opportunity to honor outstanding franchisees who had excelled in their locations during the conference.
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