How to make your accountant happy
If you’re looking for a franchise that will make your accountant really happy, with huge income potential, high demand, and limited professional competition, you might want to walk past the fast-casual restaurants, beauty salons, and gyms and toward a “Pardon Our Dust” construction sign.
Those who have had candid conversations with me know about the business category I refer to as the best kept secret in franchising: that’s right, the dull-normal service concepts that are Amazon-proof, will never be replaced by technology, and provide NEED vs. WANT products and services. Even better is the fact that these business models cost less to get started, ramp up extremely fast, and have some of the highest profit margins in franchising. When a proven franchisor leverages their expertise and systems to enter an underserved, fragmented business segment that is ripe for a professional service provider to come in a grab market share—that’s when I get really excited. And that’s exactly what’s happening with this new concept.
What kind of product or service does this company offer? (Drum roll…) It rents out a unique type of commercial construction equipment! I get why that might not knock your socks off! But it has an amazingly simple business model, with customers (general contractors, property managers, commercial landlords, and much more) that come back repeatedly, and an awesome passive revenue stream that requires little to no oversight and management. Your customers will pay to get the product set up, pay to get it taken down, and pay you a rental fee for every day the product is on site—an average of 60+ days. Best of all is that the labor model is simple, too! It only takes a few non-skilled employees to execute. There’s so much to love about this brand—read on!
Numbers:
Minimum candidate requirements: $100k liquid and $300k net worth
Low investment: FDD Item 7 shows investment range of $131,925 - $328,975 to get started
Income potential! You’ll find it in their impressive FDD Item 19 (discloses revenue and profit margins, provided only by franchisor)
Ideal candidate:
Owner-operator, executive owner, or semi-absentee ownership model
Excellent customer service, sales and communication skills
Team builder, culture builder
Cooperative and collaborative with strong networking skills
Construction experience not required
Word is spreading on this opportunity and people are paying attention. The major franchisor rolling out this brand across the US has already sold over 50 territories in the first 6 months. Don’t hesitate to reach out to me, as territory is going quickly.
Schedule a call with me and I’ll tell you all about it.