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LAST UPDATED:&nbsp;December 2023 FRANCHISE WEBSITE:&nbsp;<a href="https://nextdayaccessfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">https://nextdayaccessfranchise.com/</a> NUMBER OF LOCATIONS: 30+ REPORTED COST TO GET IN:&nbsp;$144,225 to $261,500 REPORTED ROI (Item 19):&nbsp;$2,527,254 (Average gross revenue for top franchises in 2021)<a href="https://nextdayaccessfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Next Day Access</a> is a North American-based provider of accessibility and mobility solutions for residential and commercial settings. It sells, delivers and installs products such as wheelchair ramps and platform lifts.&nbsp;Next Day Access was founded in 2010 as a way to improve people’s lives by allowing them to age in place peacefully. The brand began offering franchise opportunities in 2013. Since then, it has grown to a nationally recognized franchise brand. In fact, Next Day Access has been recognized by Franchise Journal for being a “Top Franchise Brand” three years in a row.<h2>How Many Next Day Access Locations Are There?</h2>As of December 2023, there are more than 30 Next Day Access franchise locations across the U.S. and Canada.<h2>What Is Next Day Access’ Business Model?</h2>Next Day Access’ business model is focused on providing mobility and accessibility products and services to customers throughout North America. The brand’s team of experts sell, deliver and install products such as grab bars, Americans with Disabilities Act (ADA) toilets, patient ceiling lifts, vertical platform lifts, and stairlifts to a wide variety of residential and commercial clients, including private homes, churches and colleges.&nbsp;“Our purpose is to provide the aging population, individuals living with a disability permanently or temporarily, veterans, and businesses with accessibility and mobility solutions,” the brand wrote on its website. “The solutions we offer allow customers to remain comfortable, safe, and independent in their homes or in a business.”Next Day Access lists the following benefits to operating one of its franchises:&nbsp;<ul><li>Modest investment</li><li>Dynamic internal marketing</li><li>Field support</li><li>In-house training</li><li>National accounts</li><li>Recession resistant</li><li>Sustainable growth industry</li><li>Multiple income streams</li></ul>Next Day Access does not require its franchisees to have prior industry experience, as it offers ample initial and ongoing training on its products. It also hosts regular, informative webinars to keep owners up to date. The ideal franchisee should be someone who wants to give back to their community and has a “heart for helping people.”&nbsp;“We are in an industry that is rewarding and profitable. We look for owners who have business acumen, are ambitious and resourceful, and strive to take the extra step to be more than great.”&nbsp;<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=tgnnBfGvqWE"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DtgnnBfGvqWE" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure><h2>How Much Can Next Day Access Franchise Owners Make?</h2>According to Next Day Access’ most recent&nbsp;<a href="https://www.franchimp.com/?page=pdf&amp%3Bf=103360_2022.pdf&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Franchise Disclosure Document (FDD)</a>, in 2021, the top earning franchises saw an average gross revenue of $2,527,254.&nbsp;<h2>How Much Does It Cost To Open a Next Day Access Franchise?</h2>As of the publishing of this story, the initial investment required to open a Next Day Access franchise ranges from $144,225 to $261,500. This investment is broken down into the following costs:&nbsp;<ul><li>Initial Franchise Fee: $43,200 to $48,000</li><li>Excess Territory/Population Fee: $2,000 to $50,000</li><li>Real Estate and Leasehold Improvements: $0 to $1,000</li><li>Signs and/or Vehicle Wraps: $3,200 to $5,000</li><li>Initial Inventory: $20,000</li><li>Vehicle Maintenance: $5,800 to $6,600</li><li>Vehicle 12-Month Lease/Purchase: $7,200 to $12,000</li><li>Vehicle Insurance: $1,125 to $1,500</li><li>Tools: $500 to $2,000</li><li>Office Equipment and Supplies: $2,900 to $4,900</li><li>Startup Marketing/Opening Advertising and Promotion: $5,000</li><li>Insurance Premiums for First Year: $1,200 to $5,000</li><li>Professional Fees: $1,000 to $2,000</li><li>Licenses and Permits: $100 to $500</li><li>Training Expenses: $1,000 to $3,000</li><li>Working Capital: $50,000 to $100,000</li></ul>Interested candidates must also have a minimum net worth of $250K and at least $50K in liquid capital.<h2>What Is the Franchise Fee for Next Day Access?</h2>The initial franchise fee required to open a Next Day Access franchise ranges from $43,200 to $48K. Interested candidates must also have a minimum net worth of $250K and at least $50K in liquid capital.<h2>Who’s On Next Day Access’ Leadership Team?</h2><ul><li><a href="https://www.linkedin.com/in/dave-clark-48b76010/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Dave Clark — President</a></li><li><a href="https://www.linkedin.com/in/brian-clark-43752711/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Brian Clark — COO</a></li><li><a href="https://www.linkedin.com/in/paul-clark-96012112/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Paul Clark — CFO</a></li><li><a href="https://www.linkedin.com/in/gordon-doolittle-81228a41/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Gordon Doolittle — Director of Corporate Services</a></li><li><a href="https://www.linkedin.com/in/loralee-bronte-48a466103/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Loralee Bronte — Director of Marketing</a></li><li><a href="https://www.linkedin.com/in/chrisdiehl031162/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Chris Diehl — Director of Business Development</a></li><li><a href="https://www.linkedin.com/in/nathanjlewis/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Nathan Lewis — Director of Workers’ Compensation Services</a></li><li><a href="https://www.linkedin.com/in/mike-gardner-6ba89a3/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Mike Gardner — Manager of Franchise Sales&nbsp;</a></li></ul><h2>What Helpful Articles Can I Read to Learn More About Next Day Access?</h2><ul><li><a href="https://nextdayaccessfranchise.com/2023/03/01/next-day-access-partners-with-angi-leads-formerly-home-advisor/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Next Day Access Partners with Angi Leads (Formerly Home Advisor)</a></li><li><a href="https://www.ifpg.org/top-franchises/next-day-access?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Next Day Access Franchise Profile | IFPG</a></li><li><a href="https://www.youtube.com/watch?v=oFb5o0YiTiU&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">223 Franchise Conference | Next Day Access | YouTube</a></li><li><a href="https://www.ifpg.org/news/next-day-access-franchise-opens-in-illinois-with-the-help-of-an-ifpg-consultant-1863/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-next-day-access-franchise-costs-fees-profit-and-data-2724572" target="_blank" rel="nofollow">Next Day Access Franchise Opens in Illinois with the Help of an IFPG Consultant</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.&nbsp; &nbsp;

 Franchise Deep Dive: Next Day Access Franchise Costs, Fees, Profit and Data

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Next Day Access is a flexible, low-cost business opportunity that helps entrepreneurs give back while benefiting from an industry that is seeing exponential growth. 


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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

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Franchise Deep Dive: Next Day Access Franchise Costs, Fees, Profit and Data

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