A High Demand for Bathroom Updates Can Mean More Opportunity for Plumbing Paramedics Franchisees
Showers and other plumbing fixtures take priority in the booming home renovation market, making now an opportune time to open a franchise with Plumbing Paramedics.
Home renovations are in high-demand, and with bathroom renovations being the most popular update of all, now is a good time to be involved in a bathroom related franchise owners such as Plumbing Paramedics.
A High Demand for Bathroom Renovations
With more people working from home now than in pre-COVID times, people are splashing out on home improvements to elevate their surroundings and, consequently, their lifestyle. This is good news for the plumbing industry, as bathroom renovations are top of the list. In 2022, 27% of homeowners undertook a bathroom renovation, making it the most frequently updated room in the house.
Home Bathroom Trends
Bathroom updates are many and varied. Currently trending updates include technology updates, aesthetic shower updates, installation of free-standing bathtubs and aging-in-place modifications for seniors.
Showers have become a focal point in the design of home bathrooms, and the current options for a spa-like experience with an assortment of shower heads and sprayers seem endless. While just under a third of homeowners tackled a bathroom renovation in 2022, almost 50% of homeowners' renovation timelines were extended past their original expectations. The time put in was worth it in the end, with 93% reporting a better quality of life after the renovations were completed. Regardless of timelines, updated plumbing fixtures and features are trending, meaning plumbing businesses are in a great position.
While many updates are for appearances, industry trends also include functional bathroom updates. Now that the Baby Boomer generation is getting older, aging-in-place modifications are becoming a more popular commodity. Many of these modifications take place in the bathroom and require plumbing services and installation.
The Benefits of Franchising with Plumbing Paramedics
Thanks in part to the increased demand for renovations, the U.S. plumbing fixtures industry is thriving, with a projected value of $121.9 billion by the end of 2025.
In addition to entering a booming industry, Plumbing Paramedics franchise owners can look forward to extensive company support including operations, marketing and business coaching, as well as employee recruitment and retention tools, and the ability to scale quickly. Plumbing Paramedics comes with additional support as it is part of the Threshold Brands umbrella, whose in home-service franchises includes MaidPro, Men In Kilts, Pestmaster, USA Insulation, Sir Grout and Plumbing Paramedics’ sister brand, Heating + Air Paramedics.
For contractors with an existing plumbing business, Plumbing Paramedics offers a conversion program for independent plumbing business owners. This opportunity allows current business owners to leverage the franchise’s extensive support system and countless resources to further scale their existing operation.
With industry trends working in its favor, Plumbing Paramedics is seeking qualified potential franchise owners as it approaches a time of major franchise growth.
The total investment necessary to begin operation of a Plumbing Paramedics location ranges from $102,250 to $205,800. For conversion opportunities, the initial franchise fee is waived and royalties are reduced for 24 months. For more information, visit: https://www.theplumbingparamedicsfranchise.com/
MORE STORIES LIKE THIS
United Franchise Group To Host Free National Women in Franchising Webinar
With Overall Inflation Cooling, Many Businesses Are in a Good Position Ending the Year
McDonald’s Largest Franchisee Renews 20-Year Deal Amid Global Expansion Push
QSR Franchises Rally to Provide Aid and Meals to Communities Devastated by Hurricane Helene