Other Commercial and Residential Services Franchise and Business Opportunities
Open a Franchise in the Service Industry in your area
A franchise presents an excellent opportunity to purchase a business for many would-be managers. Service industry franchises have several benefits, like immediate name recognition, existing clientele, and built-in marketing. Here below are a few items to think about when finding and buying a franchise in the service industry in your area.
What Does a Franchise Owner in the Service Industry Do?
Not all service sector businesses are independently owned. For instance, even though a business in the service industry field is globally recognized, it can be corporate-owned and operated by company employees. A franchise is purchased, and owners are independent and purchase the rights to operate a location.
The franchise owner pays fees to the corporate office, or franchisor, as they operate under the brand. In exchange, the franchisor implements branding guidelines and takes care of advertising, menus, education, conferences, and troubleshooting for all its independently owned locations.
What Franchises in the Service Industry Are Available?
Some can be very specific in their offerings like residential only, or just commercial while other service franchises are full-service. Before choosing a specific brand in the service industry, we can help you determine what will succeed in your area and fill a market niche.
- Gutter Cleaning & Repair
- Renovation Companies
- Heating and Cooling Technicians
- And More
Franchise Grade helps you narrow down the competition and create a profile of the local economy to help you in choosing the best service franchises. Market research might reveal that the neighborhood will be in full support. Understanding items like the makeup of the neighborhood, what other service franchises are operating in your area and their service models will help you decide what service franchises to choose.
We Help You Decide on What Kind of Service-Related Franchises to Purchase in your area
With help from a professional team, you can find service-related franchises to fit your goals in your area.
What does it cost to get into the Other Commercial and Residential Services sector?
The average investment in the Other Commercial and Residential Services sector is $154,490. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Other Commercial and Residential Services franchises, 2 have an investment lower than $142,100. The average initial investment is skewed because the most expensive franchise in this sector is $288,800.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Other Commercial and Residential Services investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.
How much can I make in the Other Commercial and Residential Services sector?
How much money you can make from a Other Commercial and Residential Services franchise depends on several factors, including location and demand for your services.
One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.
In the Other Commercial and Residential Services sector, 60% disclose a financial performance representation. Of those, only 33% disclose some type of expense data on its franchisee operations.
Unlock our Other Commercial and Residential Services Sector Report to learn which franchises are profitable.