Cleaning franchisor CrestClean bullish on outlook, aims to double in size within 5-7 years

Fri, 15 Dec 2017

By Jonathan Underhill Dec. 15 (BusinessDesk) - Crest Licensing Systems, the Dunedin-based franchisor of the CrestClean system, says it is bullish about the outlook and expects to double the size of its business in the next five-to-seven years. The closely held company doesn't publish its financial results but says annual contracted revenue runs to about $65 million and the current year-to-date growth is 17 percent. In June, franchises reached 600 in New Zealand. "We have confidence that we can double the present revenues, through grow...

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