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Franchise 500 2023
2024 Franchise 500 Rank
#227 Ranked #281 last year
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Initial investment
$39K - $134K
Units as of 2023
277 Increase 61.0% over 3 years

ShelfGenie is a storage and shelving solution franchise that offers customized shelving and cabinet designs for homes. The brand specializes in durable, affordable, and elegant pull-out shelving solutions that work for almost any cabinet, shelf, or pantry. These designs ease the usual storage shortage in the pantry, bath, kitchen, and other house areas. ShelfGenie prides itself on creating designs that are specific to each client's needs and home layout. 

ShelfGenie was founded in 2000 and began franchising in 2008. ShelfGenie has grown to over 140 franchised locations across the country. Many times over the past decade, the company has been ranked in Entrepreneur’s Franchise 500. That ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Why You May Want to Start a ShelfGenie Franchise

As a franchisee, you won't be involved in shelving hardware or installing the designs. Your sole responsibility will be to focus on growing your business. The company's affiliates will do the heavy lifting. Their affiliates will oversee the manufacturing, measurements, and installation of the custom products. They also act as a single-source distributor and supplier of all franchisees.

ShelfGenie has a streamlined business operation; the company has a centralized support center that communicates with all your clients for you. If you open your location, you'll be in a position to make well thought out business decisions because the company strives to send over all the information you need through dashboards and reports.

What Might Make a ShelfGenie Franchise A Good Choice?

To be part of the ShelfGenie team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be ready for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

ShelfGenie offers a terrific opportunity for franchisees to tap into the skyrocketing business of home remodeling. Over the past few years, industry sales have increased exponentially. The products may specifically appeal more to the senior market with their convenience and functionality. And since the 65+ population is projected to double over the next few years, this could offer potential to significantly grow your company's client base. 

How To Start a ShelfGenie Franchise

The process of becoming a ShelfGenie franchisee begins with a franchise inquiry form. If the team approves of your inquiry, one of their franchise development representatives will call you to confirm your interest and schedule a more extended call with you. 

During the call, you'll discuss how your personal goals align with the company. Next, they'll send you a Franchise Disclosure Document for you to review. Once you sign, the company will invite you for team day at company headquarters in Atlanta, Georgia. After this, you can begin a multi-day training in their home office. Soon after, they'll get you ready to open the doors to your business, providing storage solutions people can count on.

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Company Overview

About ShelfGenie

Industry Home Improvement
Related Categories Organization/Storage Systems, Miscellaneous Home-Improvement Businesses
Founded 2000
Parent Company Neighborly
Leadership Jeff Meyers, Brand President
Corporate Address 1010 N. University Parks Dr.
Waco, TX 76707
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2008 (16 years)
# of employees at HQ 1,600
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises in the following international regions: Canada

# of Units 277 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a ShelfGenie franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$29,500 - $69,500
Initial Investment Information Circle
$38,700 - $133,600
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
15% off franchise fee
Royalty Fee Information Circle
5%-7%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing ShelfGenie has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training 108 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
No
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Franchise 500 Ranking History

Compare where ShelfGenie landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where ShelfGenie ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022