What Does It Cost To Open a TruBlue Franchise?
By offering a low-overhead operational model, which requires no brick-and-mortar building, TruBlue locations are designed for a rapid growth trajectory.
TruBlue Home Service Ally, the franchise that provides handyman, home maintenance and senior modification services for busy adults and seniors, is perfect for entrepreneurs looking to make a difference in their communities without spending a fortune.
With a relatively low-cost investment of between $70,050 to $96,400, including $49,900 that must be paid to the franchisor or an affiliate, franchise owners have the opportunity to build a successful business from the comfort of their own home. Here’s a closer look into the costs and benefits of opening a TruBlue franchise.
The Low-Cost Investment
TruBlue is a home-based business with low overhead and no buildout costs or brick-and-mortar expenses, which makes it more affordable than other franchise concepts in the senior care or home services industries. Another factor that keeps costs low is that TruBlue only requires a small staff to get started.
The franchise fee for the first territory is $49,900 and, if necessary, the brand has third-party financing partners that can help franchisees evaluate financing options. Additionally, franchisees will need to have a required minimum liquid capital of $50,000 to franchise with TruBlue, while the continuing royalty fee is 6% of gross revenues.
As part of the discovery process, TruBlue will provide prospective franchisees with its franchise disclosure document, which will list all the costs and fees to start and operate a franchise.
Earning Your Franchise Fee Back Through The Winner’s Circle
Because TruBlue is a part of the Strategic Franchising Systems family, franchisees can participate in a company-wide program called The Winner’s Circle. By hitting predefined milestones over the course of four years, franchisees may have their entire franchise fee refunded. Individual milestones are different for each Strategic Franchising Systems brand, but all are based on tiers of revenue.
Financing Options
Although TruBlue does not offer direct financing, it works closely with third-party financial institutions that have proven to be reliable and effective for franchisees. Once there appears to be a good mutual fit, the franchisor will introduce financing options.
The Support Offered
TruBlue is led by a leadership team who works to ensure that each business will be a success from the moment new owners sign the franchise agreement. The team includes:
- Sean Fitzgerald - President
- Greg Haskett - Director of Operations
- Carrie Coumbs - Senior Strategic Advisor
- Maryellen Torres - Strategic Brand Advisor
- Melissa Young - Sr. Executive Director of Franchise Development
The franchisor gives owners an exceptional training platform that includes getting certified, licensed and insured, along with tips for hiring the right employees, gaining customers and building a base of referral sources. There’s also a checklist to keep franchisees on track following its 90-day launch program.
TruBlue’s scalable business model, coupled with low startup costs and in-depth support, has made it a sought-after opportunity in the franchise industry.
To find out more information on costs to buy a TruBlue Home Service Ally franchise, please visit: https://1851franchise.com/trubluehousecare/info.
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