bathroom remodeling franchise

2 03, 2022

Re-Bath Reports Record High Performance & Industry Accolades as it Enters New Era of Growth in 2022

2022-03-02T11:33:40-05:00March 2nd, 2022|Tags: , , , |

Leading Bathroom Remodeling Brand Earns Spot on Entrepreneur’s Franchise 500® and Ranks No. 2 on Qualified Remodeler’s Top 500 Nationals List.

PHOENIX — Re-Bath, the nation’s largest complete bathroom remodeling franchise, closed out a remarkable 2021 that reflects impressive same-store-sales growth alongside multiple franchise openings. Increased demand for bathroom remodeling projects and market share gains drove nearly 80% YOY increase in systemwide sales. Capitalizing on unprecedented demand, existing franchises are expanding and franchise development is on the rise. Re-Bath aims to award 18 franchise agreements in 2022 that will grow its unit count to 129.

“Our business is experiencing unprecedented, industry-leading growth in both new store openings and in the number of bathroom remodels,” said Re-Bath CEO, Brad Hillier. “The continued success and growth we’ve experienced – even amid the ongoing pandemic – is no doubt due to our incredible team. We’re prioritizing results, support, and innovation to lead us into this new era of growth as we expand our nationwide footprint.”

Re-Bath’s success and leading market share have not gone unnoticed. The bathroom remodeling brand ranked No. 2 on Qualified Remodeler‘s Top 500 Nationals List. Most recently, Re-Bath was recognized by Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry and proves to be an invaluable resource for potential franchisees. Re-Bath earned its spot on the ranking for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”

Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Re-Bath’s position on the ranking is a testament to its strength as a franchise opportunity.

Re-Bath has grown into a trusted and respected brand known for providing expert, affordable, and effortless bathroom remodeling solutions that transform homeowners’ bathrooms in days, not weeks. Whether seeking a tub or shower area update, better accessibility and safety in your bathroom or a complete bathroom remodel, Re-Bath makes bathroom remodeling easy. The company’s exclusive remodel process removes old materials and fixtures and replaces them with beautiful new options in a wide variety of colors and styles.

The leading bathroom remodeling franchise continues to seek qualified and engaged individuals interested in the home improvement industry who are hungry to dive into the world of franchising. Today, with more than 110 locations open, Re-Bath is on track for strategic franchise expansion across North America.

Per Re-Bath’s Franchise Disclosure Document, franchisees with territories between 500,000 and 1.25 million had average revenues of over $2.1 million in 2020, up 38% from 2019*.

For more information on Re-Bath and franchise opportunities, visit www.rebathfranchise.com or call 888-454-8842.

*  The figures reflect average and median sales revenue and average gross profits for 29 Re-Bath franchised businesses with territories of between 500,000 and 1.25 million residents, and which were in operation for at least one year. These averages and medians are based on a 52-week fiscal period from January 1, 2020 through December 31, 2020. Of these 29 franchised businesses, 11 (or 38%) attained or exceeded the average sales revenue and 17 (or 59%) attained or exceeded the average gross profit. Some outlets have sold this amount. Individual results may vary. There is no assurance that you will sell as much as the average. See the Re-Bath 2021 Franchise Disclosure Document for details.

About Re-Bath

Re-Bath is the nation’s largest complete bathroom remodeling franchise that has grown to more than 100 locations across the country. The parent company’s first entry in the bathroom remodeling industry occurred in 1978 and focused on the hospitality sector. In 1991, Re-Bath launched its first franchise location to focus on the residential market. The company offers complete bathroom remodels, tub and shower updates, plus aging and accessibility solutions. From simple bathtub replacements to complete bathroom redesigns, Re-Bath makes bathroom remodeling effortless, convenient and affordable, all with professional, friendly and factory-trained installers. Re-Bath is a one-stop service that covers the entire process – from design to done – in three easy steps: consultation, removal, and installation. Re-Bath assembles its own exclusive line of products at its headquarters located in Phoenix, Ariz., and offers best-in-class products from national brands for its customers. For more information, please visit www.rebath.com or www.rebathfranchise.com for more details on the franchise opportunity.

10 11, 2021

TZP Group Leads Investment in Re-Bath LLC and Home Brands Group Holdings Inc.

2021-11-10T10:26:48-05:00November 10th, 2021|Tags: , , , |

Leading Private Equity Firm Fuels Re-Bath’s Growth as Home Services Sector Continues to Prosper.

PHOENIX — Home Brands Group Holdings Inc., the parent holding company of Re-Bath, the nation’s largest complete bathroom remodeling franchise, announced today it has been acquired by TZP Group LLC (“TZP”), a leading private equity firm with deep investment experience in home services and franchising industries, and a group of co-investors. Financial details of the transaction were not disclosed.

Re-Bath has grown into a trusted and respected brand known for providing expert, affordable, and effortless bathroom remodeling solutions that transform homeowners’ bathrooms in days, not weeks. Whether seeking a tub or shower area update, better accessibility and safety in your bathroom or a complete bathroom remodel, Re-Bath makes bathroom remodeling easy. The company’s exclusive remodel process removes old materials and fixtures and replaces them with beautiful new options in a wide variety of colors and styles.

Re-Bath’s success and leading market shared have not gone unnoticed. Ranked No. 2 on Qualified Remodeler‘s Top 500 Nationals List, Re-Bath was recognized for its consistent, strong growth and solidified its position in the industry as a top-rated franchise that now spans more than 100 locations across North America.

“We are thrilled to partner with Re-Bath and its terrific management team serving a group of committed franchisees across the U.S.,” said Vlad Gutin, Partner at TZP. “Re-Bath complements our growing portfolio of leading consumer brands. We believe Re-Bath’s unique, high-quality service offering, loyal customers, best-in-class products of leading brands and partnerships with premier, national retailers coupled with TZP’s relationships and resources can accelerate Re-Bath’s growth.”

Re-Bath is on pace to close out a remarkable 2021 following a strong 2020 that reflects impressive same-store-sales growth alongside multiple franchise openings. Increased demand for bathroom remodeling projects and market share gains drove nearly 80% YOY increase in systemwide sales year-to-date. Capitalizing on unprecedented demand, existing franchises are expanding and franchise development is on the rise. Re-Bath has signed 17 agreements year-to-date and projects signing 20 by year-end.

“We are excited to embark on our next chapter of growth with TZP’s investment representing a strong validation of the growth and success we’ve achieved and where we are headed,” said Re-Bath CEO, Brad Hillier. “Through this investment, we will be able to leverage TZP’s expertise and resources to further expand our brand to a wider audience and better serve our customers, franchisees, partners and employees. With continued investments in technology and human capital, our company will be well positioned for accelerated growth in the coming years.”

Re-Bath’s recent accelerated momentum brings it closer to the goal of becoming a billion-dollar-company. To achieve this milestone, Re-Bath plans to leverage TZP’s resources, and continue to focus on partnering with a growing number of exceptional franchisees, strengthening world-class corporate support, maximizing opportunities with national retail partners, and enhancing the customer-service experience with new technology and innovation. Combined, these efforts can propel Re-Bath to become a household name across the country.

William Blair & Company, LLC served as exclusive financial advisor, and Honigman LLP served as legal advisor to Re-Bath in connection with the transaction.

For more information on Re-Bath and franchise opportunities, visit www.rebathfranchise.com or call 888-454-8842.

About TZP Group
TZP Group, a multi-strategy private equity firm managing approximately $2.0 billion across its family of funds including TZP Capital Partners, TZP Small Cap Partners, TZP Strategies, and TZP Strategies Acquisition Corp., is focused on control, growth equity, and structured capital investments in business services and consumer companies. Founded in 2007, TZP targets companies with solid historical performance and sustainable value propositions and aims to be a “Partner of Choice” for business owners and management teams. TZP seeks to invest primarily in closely held, private companies in which the owners and management desire to retain a significant stake and partner with an investor with complementary operating and financial skills to accelerate company growth, increase profitability, and maximize the value of their retained stake. TZP leverages its investment professionals’ operating and investment experience to provide strategic and operational guidance and is dedicated to long-term value creation. For more information, please visit www.tzpgroup.com.

SOURCE Re-Bath

About Re-Bath

Re-Bath is the nation’s largest complete bathroom remodeling franchise that has grown to more than 100 locations across the country. The parent company’s first entry in the bathroom remodeling industry occurred in 1978 and focused on the hospitality sector. In 1991, Re-Bath launched its first franchise location to focus on the residential market. The company offers complete bathroom remodels, tub and shower updates, plus aging and accessibility solutions. From simple bathtub replacements to complete bathroom redesigns, Re-Bath makes bathroom remodeling effortless, convenient and affordable, all with professional, friendly and factory-trained installers. Re-Bath is a one-stop service that covers the entire process – from design to done – in three easy steps: consultation, removal, and installation. Re-Bath assembles its own exclusive line of products at its headquarters located in Phoenix, Ariz., and offers best-in-class products from national brands for its customers. For more information, please visit www.rebath.com or www.rebathfranchise.com for more details on the franchise opportunity.

13 04, 2021

Re-Bath Makes a Splash in Tampa, Debuts Showroom with Grand Opening Event April 22

2021-04-13T09:58:24-04:00April 13th, 2021|Tags: , , , |

Powerhouse Female Entrepreneurs Celebrate Grand Opening with Open House Event – Promos, Offers & More.

TAMPA, Fla. — Re-Bath, the nation’s largest complete bathroom remodeling company, is marking the opening of its Tampa location with an official grand opening event, April 22 from 4 – 7 p.m. at its showroom located in the Brandon Mall at 459 Brandon Town Center. Community members are encouraged to attend the event that will bring together mall merchants, feature restaurant partners, kid’s activities and more, all while having the opportunity to browse the showroom floor to find solutions for design and remodeling needs. Throughout the event, customers will receive various discounts and offers including $1,000 off a complete bathroom remodel, $500 off a tub to shower conversion, $100 gift cards for referrals, plus financing promotions with EnerBank USA.

Re-Bath – Tampa is owned and operated by previous industry colleagues, Rhina Rubio and Jackie Ruiz. Rubio is an industry leader in the retail environment having managed various stores and districts for Sears, Macy’s, and Lowe’s for over 20 years. Ruiz holds an interior design degree and brings over 20 plus years in the kitchen and bath industry as a sales leader for Builders Square, Expo Design Center, and Lowe’s amongst other. With a desire to meet consumer demand for effortless bathroom solutions, the duo has been hard at work establishing community connections while growing their Re-Bath portfolio, also owning and operating Re-Bath St. Petersburg, which just began servicing the community in March 2021. With a population of nearly five million people spanning East Auburndale to St. Petersburg, Rubio and Ruiz aim to bring convenience and high-quality bathroom remodeling services to the community as demand for home improvement projects continue to surge.

“We are extremely excited to be servicing homeowners in the greater Tampa community by providing a best-in-class business to turn to for their remodeling needs,” said Rubio. “It’s been incredible to see the immediate impact this business has on not only the community as a whole but the specific families and their homes where we work to help find the perfect solutions and craft a design to transform their space into the bathroom of their dreams,” added Ruiz.

The event is set to kick off with a formal ribbon cutting ceremony with Brittany Tribou, President of The Greater Brandon Chamber of Commerce, who will officially welcome the Re-Bath business to the community. Also in attendance, will be key members from the Re-Bath corporate leadership team, including COO David Dunsmuir, in addition to vendor partners, designers, and installers – all on hand to answer specific remodeling, product, and service related questions.

“We’re thrilled to have Rhina and Jackie join the Re-Bath family,” said Dunsmuir. “As we continue expansion throughout the country, it’s so important that we partner with community leaders who are passionate about the remodeling industry and are committed to going above and beyond to provide an unmatched customer service experience. This duo is 100% aligned with our core values and we are confident they will make a true impact in their community.”

Re-Bath has grown into a trusted and respected brand known for providing expert, affordable, and effortless bathroom remodeling solutions that transform homeowners’ bathrooms in days, not weeks. Whether seeking a tub or shower area update, better accessibility and safety in your bathroom or a complete bathroom remodel, Re-Bath makes bathroom remodeling easy. The company’s exclusive remodel process removes old materials and fixtures and replaces them with beautiful new options in a wide variety of colors and styles.

“We are extremely impressed with Rhina and Jackie’s level of sophistication and deep industry knowledge,” said Re-Bath CEO, Brad Hillier. “Their ability to connect with the community and go above and beyond in customer service is what makes them standout owners in their market. We have complete confidence they will be outstanding stewards of the Re-Bath brand as they continue to grow their portfolio and service the greater Tampa market.”

To learn more about Re-Bath for your bathroom remodeling needs, please visit https://www.rebath.com/location/tampa/ or https://www.rebath.com/location/stpetersburg/.

About Re-Bath

Re-Bath is the nation’s largest complete bathroom remodeling franchise that has grown to more than 100 locations across the country. The parent company’s first entry in the bathroom remodeling industry occurred in 1978 and focused on the hospitality sector. In 1991, Re-Bath launched its first franchise location to focus on the residential market. The company offers complete bathroom remodels, tub and shower updates, plus aging and accessibility solutions. From simple bathtub replacements to complete bathroom redesigns, Re-Bath makes bathroom remodeling effortless, convenient and affordable, all with professional, friendly and factory-trained installers. Re-Bath is a one-stop service that covers the entire process – from design to done – in three easy steps: consultation, removal, and installation. Re-Bath assembles its own exclusive line of products at its headquarters located in Phoenix, Ariz., and offers best-in-class products from national brands for its customers. For more information please visit www.rebath.com or www.rebathfranchise.com for more details on the franchise opportunity.