Four brands are winning the franchise game with home-service concepts and cost accessibility.
Service brands have always been a winning franchise category–mainly for their ease of entrance, typically low cost of investment and potential return on that investment. And some brands, especially home-service brands, are particularly distinguished when it comes to boasting a lower investment model. Here are the four brands that are accessible through both cost and business model.
Showhomes is the nation’s leader in home staging and design and has continued its track record of being a recession-proof business model with continuous years of revenue increases and unit growth. Home stagers can grow their businesses regardless of the real estate market’s forecast because sellers always want to make more on the sale of their properties. In a buyer’s market, these sellers need even more help if they want to sell quickly.
Since its founding in 1986, Showhomes has helped Realtors® and homeowners sell more than 25,000 residential properties worth more than $8.5 billion. The brand is currently serving prominent communities in 18 states with nearly 60 franchised offices nationwide.
The brand also presents an affordable initial investment, starting at just $45,300 for new franchisees.
Kitchen Solvers remains on the cutting edge within the cabinet refacing industry. Over the course of its 30 years in business and 45,000-plus kitchens in its portfolio, the brand has continued to evolve. Kitchen Solvers also offers customers and business owners even more opportunities. The investment level and start-up costs typically range from $50,000.00 to $60,000.00.
The Cleaning Authority has been franchising for almost 20 years and has more than 190 locations throughout the United States and Canada. Its business model has continued to grow because of the need for home cleaning services and scalability within a market.
The brand is also launching a new initiative in its home base of Boston to spur growth and offer a smaller territory at a more affordable price. In addition to this project, the brand is also launching a financing option through its corporate office, a concept unheard of in the franchising space.
The initial investment ranges from $87,434 to $135,879, with minimum liquid assets of $50,000 and a minimum net worth of $225,000.
Alair Homes has built a construction management network of outstanding and experienced business owners to complete over 1,400 premier custom homes and renovation contractor projects in its native country of Canada. Alair is now rapidly expanding throughout the U.S. as a one-stop shop for home renovation and remodeling.
To become a single unit franchisee, the total investment necessary to begin operations is between $84,600 and $162,700 in the U.S. and between $96,000 and $162,700 in Canada.