Other Commercial and Residential Services Franchise and Business Opportunities
Run a Franchise and Help Your Local Community in your area
A franchise in the Other Commercial and Residential Services industry presents the prime opportunity to purchase a new business for many would-be managers. Franchises in the Other Commercial and Residential Services field have many benefits, such as immediate name recognition, existing clientele, and marketing done for you. Listed below are some things to think about when checking into and buying a business providing Other Commercial and Residential Services services in your area.
What Does It Mean to Own a Franchise in the Service Arena?
Did you know that not all Other Commercial and Residential Services providers are independently owned? It's true that many well-known service brands are franchised, but there are a handful that are owned and operated by corporate. The franchisee owns a franchise, meaning they employ the staff, run the operations, and are responsible for the business aspects. Buying and running a Other Commercial and Residential Services-based franchise location means that you are also liable for the success of that franchise location.
The agreement that comes with buying a Other Commercial and Residential Services brand is that franchisees pay royalties to corporate and get a streamlined service model and branding guidelines. The franchisor handles marketing, menu items, training, conferences, and problem-solving for all its franchisees.
We Help You Decide on What Type of Service-Related Franchises to Purchase in your area
With some directed help from us, you can find a Other Commercial and Residential Services-related franchise to fit your goals in your area.
What Franchises in the Other Commercial and Residential Services Industry Are Available?
Some are service specific like residential only or just commercial while other Other Commercial and Residential Services industry franchises operate in both sectors. Prior to choosing a specific brand in the Other Commercial and Residential Services industry, we can help you identify what will succeed in your area and fill a market niche.
- Plumbing
- Gutter Cleaning & Repair
- Restoration Companies
- Exterminators
- HVAC Technicians
- Home Maintenance
- Cleaners
- Movers
- And More
Our experts help assist you in narrowing down all the options and creating a profile of the local economy to help you find the best Other Commercial and Residential Services industry franchises. By researching the market, the analysis may show that the neighborhood will welcome it with open arms. Understanding issues like the makeup of the neighborhood, what other Other Commercial and Residential Services industry franchises are open in your region and their service models will help you determine what Other Commercial and Residential Services industry franchises to open.
We Help You Decide on What Type of Service-Related Franchises to Purchase in your area
With some directed help from us, you can find Other Commercial and Residential Services-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 $230,993. 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, 5 have an investment lower than $178,531. The average initial investment is skewed because the most expensive franchise in this sector is $786,590.
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, 80% disclose a financial performance representation. Of those, only 50% 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.