Repair and General Maintenance Franchises
A Repair and General Maintenance franchise can be a home-based franchise, which means low startup costs
Owning a Franchise Helping Your Local Community in your area
A franchise presents the prime opportunity to start a new business for any would-be professional. Franchises in the service field have several benefits, like instant brand awareness, existing clientele, and built-in marketing. Here below are some things to consider when researching and buying a franchise providing services in your area.
What Does a Service Industry Franchise Owner Do?
Are you aware that not all chains are independently owned? It's true that many popular service brands are franchised, but there are a handful that are owned and operated by corporate. What does it mean to be a franchisee? It means you hire your own staff, oversee operations, and are responsible for running the business. Purchasing and running a service-based franchise location means that you are also liable for the success of that franchise location.
As part of the buyers agreement, franchisees pay a percentage to corporate and get a streamlined service model and branding guidelines. The franchisor takes care of marketing, menu design, further instruction, conferences, and problem-solving for all its franchisees.
What Franchises in the Service Sector Are Available?
Some are service specific like residential only, or just commercial while other service-based franchises operate in both areas. Before choosing a specific brand in the service industry, we can help you determine what will succeed in your area and fill a hole in the local market.
- Restoration Companies
- HVAC Technicians
- And More
Franchise Grade helps assist you in drilling down the competition and making a profile of the local market to help you in choosing the best service-based franchises. By researching the market, the research might reveal that the community will welcome it with open arms. Understanding things like the makeup of the neighborhood, what other service-based franchises are operating in your area and how they do business will help you decide what service-based franchises to open.
We Help You Select What Type of Service-Related Franchises to Open in your area
With some direction from us, you can find franchises in the service industry to fit the bill in your area.
What does it cost to get into the Repair and General Maintenance sector?
The average investment in the Repair and General Maintenance sector is $148,985. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Repair and General Maintenance franchises, 17 have an investment lower than $109,066. The average initial investment is skewed because the most expensive franchise in this sector is $1,137,500.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Repair and General Maintenance 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 Repair and General Maintenance sector?
How much money you can make from a Repair and General Maintenance 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 Repair and General Maintenance sector, 57% disclose a financial performance representation. Of those, only 45% disclose some type of expense data on its franchisee operations.
Unlock our Repair and General Maintenance Sector Report to learn which franchises are profitable.
- Always a need for repairs and general maintenance
- Specialized repairs are popular.
- Can be home based. Repairs and general maintenance services always in demand. Low investment.
- More seniors staying in their home longer. Can include a number of services including lawn care. Services can include interior and exterior work. Ideal for the handyman with a variety of skills.