2014

Urbanization and condo living trends spark business niche

TORONTO/VANCOUVER, Dec. 30, 2013 /CNW/ - Small space living is leading urban Canadians to look for ways to expand home experiences and make use of every inch in their often-tiny condos. In Vancouver, for example, there are condos as small as 226 square feet, and Toronto's growth includes smaller condos.

"There are companies that specialize in closets, bathrooms, condo-sized furniture and décor," says KANDY Outdoor Flooring President Kelly Niessen. "People don't know they have options for a very important space in condos - - balconies. Canadians have enjoyed backyard barbeques for decades. That doesn't have to stop just because we are in smaller urban spaces."

KANDY Outdoor FlooringTM expands home experiencesTM by providing new outdoor flooring for condo balconies in a way never before offered in North America. KANDY is the market leader providing service, selection, and installation of the highest quality and best available floating outdoor flooring systems for condo balconies.

"We're expanding ourselves," says Niessen. "We have an exciting and unique business opportunity for the right candidates to participate in our brand growth as Franchise Partners in major centres across the Canada."

Sales quadrupled in year two over year one and Niessen believes there is tremendous opportunity with what KANDY is doing, and how they're doing it.

Quick Facts

  • Multi-family housing starts have been outstripping single-family housing starts for the last fifteen years, and that trend is expected to continue (CMHC)
  • Nearly 20 per cent of Canadian households are owner-occupied condos

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SOURCE KANDY Outdoor Flooring

Image with caption: "Expanded Home Experiences™ for clients of this KANDY™ beautified balcony (CNW Group/KANDY Outdoor Flooring)". Image available at: http://photos.newswire.ca/images/download/20131230_C6838_PHOTO_EN_35264.jpg




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