- A home improvement franchise takes the general franchise model and applies it to certain home repair and renovation services.
- Home improvement franchise services can range anywhere from deck installation, concrete services, and door/window restoration.
- Buy a home improvement franchise like Preservan wood rot repairs.
Home Improvement services have seen a significant increase in demand in recent years. As the bulk of the houses in the US continue to age, new construction is failing to keep up with housing demands. For people who don’t have the time or expertise to repair or upgrade their home themselves, their best choice is to call home improvement services. If you are interested in the lucrative home improvement services sector, a franchise might be a great place to start.
What Is A Franchise?
A franchise is a way to bring an existing business into a new market. Starting any business will require a significant amount of time and capital. However, franchises allow investors looking to start a business the option to adopt an existing brand and model into a new business. Franchises can be large national brands, or smaller companies with fewer locations. In both cases, the franchisor will usually provide lots of resources to help their franchises thrive.
How Do Franchises Work?
When you open a new franchise, you are given access to usage of a brand and business model in a certain area. Unlike starting a business from scratch, many franchises have established and proven business models that you can use to build your business quickly. Since they are a part of a much larger business, franchisors can negotiate contracts to help reduce costs. They also employ quality control measures to make sure their brand image is upheld nationwide. Note that all of these services do come at the cost of certain fees and royalties.
What Is A Home Improvement Franchise?
Now to address the question at hand: what is a home improvement franchise? A home improvement franchise takes the general franchise model and applies it to certain home repair and renovation services. These services can range anywhere from deck installation, concrete services, and door and window restoration just to name a few. If there’s something in a house that needs to be installed or built, then there is probably a home improvement franchise that provides that service.
Pros & Cons Of Home Improvement Franchises
It’s important to know the benefits as well as the drawbacks to owning a home improvement franchise. The franchisor helps to make starting a new franchise as easy as possible, even for people with little experience. However, it’s still a good idea to know what comes with investing in a home improvement franchise.
Pros
High demand is one of the biggest pros of starting a home improvement franchise. Home remodeling is a 100 billion dollar industry, and is expected to grow with lowering interest rates and increasing amounts of homeowners. Profitability is another pro you can expect as a home improvement franchise owner. The annual profit for a remodeling business can range from around $20,000 a year to up to seven figures for a larger business with many contracts.
Cons
Starting any franchise can be a costly and time consuming endeavor. Depending on the franchise, start up costs can range anywhere from $50,000 to over 1 million dollars. Franchise royalties and other yearly expenses should also be accounted for. It’s worth noting that although they do require funds to start, franchises are typically much less expensive to start compared to a traditional business.
Best Home Improvement Franchises To Own
There are so many unique home improvement franchises to start. Each one has their own benefits and drawbacks that are important to consider. Thankfully, there is a franchise for just about every home improvement need.
Miracle Method
Miracle Method is a nationwide franchise that specializes in surface refinishing for kitchens and bathrooms. They have a large and established model. As a result however, many of the most popular franchise markets are already taken.
Budget Blinds
Budget Blinds is the number one windows and blinds franchise in the country. They already have over 1,500 franchisees, making it harder but not impossible to find new territory to start one in.
Preservan
One of the newest and most exciting opportunities in home improvement franchising is Preservan. We specialize in wood rot repair services on doors, windows, and other furnishings. We are a fast growing company with many open markets to expand into.
Why Own A Preservan Franchise
Owning a Preservan franchise is made simple and scalable thanks to our experienced and dedicated staff. You can expect to help your local community protect and preserve their antique wooden finishes, while saving them up to 90% of the cost of replacement. Preservan and our experienced team are committed to helping you create a rewarding and profitable home improvement franchise. You have the opportunity to become part of our Wood restoration, home improvement franchise! Still wondering what a home improvement franchise is? Simply look at the Preservan franchise for the perfect example of a home improvement franchise.
Buy A Home Improvement Franchise Like Preservan
Preservan is one of the most convenient, sustainable, and affordable home improvement franchises available today. If you are looking to own a home-based franchise, Preservan is happy to provide all of the necessary training and tools to make it work for you. With an ongoing mission to help the environment and the community, Preservan franchises prove themselves as some of the most exciting opportunities for investment. If you think Preservan is a good fit for you, contact us online for more information. With Preservan, you can help save the future by protecting the past.
Looking to start a Texas franchise or Florida franchise? Look no further than Preservan! If you would like to learn more about the Preservan Franchise, then visit our website to view our FAQs, current locations, testimonials and how to get started. Send us a message online to learn more about our franchise opportunity. We look forward to hearing from you!
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