Starting a business can be a risky and expensive venture. That’s why many new entrepreneurs like the idea of buying a franchise rather than building a business from scratch. As a franchisee of an established brand, you are given a proven business model to follow. There’s a support team in place to answer your questions and help you with unforeseen problems that may arise while you’re getting your company up and running.
There are hundreds of different types of franchises, in industries as varied as fast food, health care, travel, fitness, and home services. While some well-known, high-end franchises can be expensive to own, others are very affordable with a minimal initial investment and low operating costs.
If you’re looking for a less expensive franchise option, you might want to avoid any business that requires a physical store front with a brick-and-mortar location to operate. Restaurants, hotels, and retail stores all fall into this category. Besides the rent or mortgage on the physical space in a desirable area to attract customers. The costs to keep up a retail location can eat up a big portion of your budget.
Mobile franchises are a better option for those looking for an affordable investment.
A mobile franchise is simply any franchise that brings its services to the consumer in their home or business. Americans value convenience. And what’s more convenient than a business that makes a house call? That’s one reason behind the popularity of mobile franchises. And the low startup costs of this type of company make it enticing for new investors.
There are many types of low-cost mobile franchises to consider, including some businesses typically seen as requiring brick-and-mortar locations. One example is pet grooming. Many pet owners are willing to pay more for the convenience of having the grooming service come to them. Another example is fitness. People who don’t have the motivation to go to the gym regularly, or who have been keeping away from crowds during the pandemic, can now have a personal trainer and customized workouts come to them.
Some of the most popular low-cost mobile franchises are in an industry that you naturally associate with house calls: the home services industry. This includes business like interior decorating, landscaping, bath and kitchen remodeling, and, of course, house cleaning.
Since the start of the pandemic, most people are spending more time at home. For many, their homes have become their offices. In order to keep their surroundings as clean and as germ-free as possible, it makes sense that they would hire a cleaning service to come on a regular basis. According to the business services research company Jobber, cleaning industry revenue grew 14% in 2021. And an industry analysis by Franchise Help predicts the residential cleaning market will be worth more than $40 billion by 2026.
Two Maids has been franchising since 2013 and has 107 units nationwide. Entrepreneur magazine ranks us at No. 300 on its Franchise 500 listing and No. 49 on the list of best franchises for under $100,000. In 2021, we became part of Home Franchise Concepts, a leader in home services franchising with 30 years of experience.
Two Maids stands out from the crowd with our “pay for performance” model. Our customers rate how satisfied they are with each cleaning on a scale of 1-10. The rating determines the level of compensation given to the employees who did that job, ensuring that they’ll always do their best to keep the customer happy. This system guarantees customer satisfaction, leading to long-term retention of our clients, as well as excellent referrals to their friends and neighbors.
If you think a low-cost mobile franchise might be the right investment for you, request more info today. A member of our franchise development team will be in touch to answer your questions and get you started on the path to becoming a business owner.
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