American Freight Furniture, Mattress and Appliance, a leading national retailer offering in-store and online access to furniture, mattresses and appliances at discount prices, ended the third quarter by awarding 13 new territories. The new locations will be spread across Michigan and Texas, and will add to the company’s growing footprint of more than 360 stores.
The awarded territories represent three new franchise owners. Among them, Jimmy and Jennifer Day will franchise seven locations in Texas. Jimmy is a multi-unit owner and operator of businesses spanning the automotive, real estate, charter jet, hospitality and furniture industries.
“American Freight is a natural addition to my portfolio of investments,” said Jimmy. “The franchise model is conducive to minimal oversight and impressive returns, which fits my business objectives as an owner and operator of several other companies.”
Shereyar Jawaid was awarded two locations in Texas, while Thomas Purther, David Rubin, Scott Jacobson and Daniel Stern were awarded four locations in the greater Detroit area.
“The third quarter set us up to finish the year strong,” said Terry McGee, Vice President of Franchise Development at American Freight. “Our easy-to-build, quick-to-open and highly scalable franchise model continues to attract multi-unit investors, and we have a strong pipeline of candidates seeking to claim their footprint nationwide. ”
Since launching the franchising model in 2021, American Freight has awarded 41 franchises to 10 different multi-unit franchise owners across the country.
For more information or to inquire about franchising, visit OwnAmericanFreight.com
About American Freight
American Freight, a subsidiary of Franchise Group Inc. (NASDAQ: FRG), offers affordable, high-quality furniture, mattresses and appliances through its direct-to-consumer, warehouse-style stores. With more than 5 million satisfied customers, American Freight has a strong legacy of helping customers save money since 1994. American Freight offers exceptional customer service and a one-stop-shop for quality furniture, mattresses and appliances at everyday low prices. The company has over 360 U.S. locations in 40 states and Puerto Rico. For more information, visit AmericanFreight.com