08.15.22
Following record growth in the first quarter of 2022, AmCoat long-lasting brand, Rhino Shield, continued its upward trajectory the second quarter of 2022. The 20-plus year division grew by 34 percent year over year.
CEO Terence Andre said the company continues to add more dealers and customer demand remains high.
“The number of homes and commercial properties protected by Rhino Shield have significantly increased this year,” said Andre. “Two things are driving that — demand from consumers and significant growth in our dealer network.”
Andre said many of the newer dealers are already greatly impacting the bottom line.
“Two new dealers that have come onboard in the last 18 months have already earned revenue topping $6 million combined,” said Andre. “The inroads we’ve created by growing our dealer network are really helping to grow the business.”
Jerold Hall, Rhino Shield Vice President of Sales and Dealer Development, is leading the drive to add new dealers across the U.S. He said prospective new dealers are discovering the benefits of the Rhino Shield product for the consumer and for their business.
“For a very modest investment, you can own a high profit margin dealership with full support from an experienced national company,” said Hall. “A big plus is that there are no franchise fees. And Rhino Shield coatings are unique — which gives a dealer a leg up over traditional paint. And being able to offer a 25-year warranty on the product is a game changer that really appeals to the homeowner.”
CEO Terence Andre said the company continues to add more dealers and customer demand remains high.
“The number of homes and commercial properties protected by Rhino Shield have significantly increased this year,” said Andre. “Two things are driving that — demand from consumers and significant growth in our dealer network.”
Andre said many of the newer dealers are already greatly impacting the bottom line.
“Two new dealers that have come onboard in the last 18 months have already earned revenue topping $6 million combined,” said Andre. “The inroads we’ve created by growing our dealer network are really helping to grow the business.”
Jerold Hall, Rhino Shield Vice President of Sales and Dealer Development, is leading the drive to add new dealers across the U.S. He said prospective new dealers are discovering the benefits of the Rhino Shield product for the consumer and for their business.
“For a very modest investment, you can own a high profit margin dealership with full support from an experienced national company,” said Hall. “A big plus is that there are no franchise fees. And Rhino Shield coatings are unique — which gives a dealer a leg up over traditional paint. And being able to offer a 25-year warranty on the product is a game changer that really appeals to the homeowner.”
