As the baby boomer demographic becomes more committed to remaining in their own homes as they age, the home remodeling industry is expecting significant growth. As the trend known as "aging in place" grows, according to the Associated Press, home remodelers say they've had a pickup in projects from boomers who are seeking to modify their houses.

Miracle Method, a franchise business that refinishes kitchens and bathrooms, has increased its outreach to boomers according to Erin Gilliam, the company's marketing manager. Gilliam told the Associated Press that the franchise owners said much of the 11 percent growth in the overall business in the past year of Miracle Method was driven by boomers.

Gilliam's husband, Gabriel, said he sees the trend in the franchise he owns in Salt Lake City. He estimated that revenue from boomers has risen between 10 and 20 percent and the growth is leading him to hire more workers. He has five staffers now, having added one per month the past three months, and expects to reach 10 in the next year.

"I'm hiring as quickly as I can," he says.

You can view the entire article here.

Don’t Miss the Next Big Franchise Story

Sign up for the 1851 Franchise newsletter to get our biggest stories before everyone else

By signing up, you agree to our user agreement (including class action waiver and arbitration provisions), and acknowledge our privacy policy.

Nick Powills

About the Author

Nick Powills

Follow
Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.