DESTIN, FLA. (August 15, 2022) 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.”
AmCoat is greatly expanding it Rhino Shield dealer distribution network over the next one to two years. Dealerships are available in Minneapolis, Las Vegas, Seattle, Portland, Salt Lake City, New York City, Omaha, Buffalo, Rochester, Los Angeles, Boise, Baltimore and Richmond. Businesspeople in those areas who are interested in learning more about starting up a Rhino Shield dealership should email info@amcoatind.com or call (850) 424-6805.
About AmCoat
AmCoat Industrial manufactures high performance coatings for walls, roofs, floors and specialty industrial applications. AmCoat is home to some of the most recognized brands in the U.S., including the popular Rhino Shield Ceramic Coating and Floor Shield concrete floor coating products. Through a network of independent dealers, AmCoat distributes its products nationally and internationally, coating thousands of homes, buildings and commercial and industrial applications. You can find AmCoat, Rhino Shield and Floor Shield on Facebook and at AmCoat.com.
About AmCoat Products
Rhino Shield is a ceramic elastomeric wall coating is distributed through a nationwide network of dealer contractors who market, sell and install Rhino Shield in their geographies. Rhino Shield has been installed in more than 75,000 homes and buildings across the U.S. and in several international markets. For more information, see RhinoShield.com.
Floor Shield is AmCoat’s 100 percent polyaspartic concrete floor coating — a newer technology that features rapid curing at a wide range of surface temperatures, bubble-free surfaces, high temperature and abrasion resistance and high solids content which means low to no VOCs during application. For more information, See FloorShieldCoatings.com.
Rhino Shield and Floor Shield dealerships are highly profitable, self-sustaining, and many of its Rhino Shield dealers have been with AmCoat for more than 10 years.
