Hey Empire Builders,

Welcome to this week’s Franchise Empire Newsletter, where we share specific franchise opportunities that we think are interesting, and examples of everyday folks building their empires.

My weekly encouragement to you,

This message is to those of you who REALLY want to make a change. 

Do you realize there are countless opportunities like the one we’re about to show you?

All around you are money making opportunities that have the potential to completely shift your current situation into living your Dream Life.

Recently I had been procrastinating reviewing something in my business for a MONTH. One of guys on my team kept reminding me. “Hey man, I’m still waiting on your feedback.”

A month later when I finally got around to it, it took me a whopping 5 minutes!!

This thing to review is a revenue generator in our business too.

What’s the point and why does it matter for you?

Well, right now you want to make a change in your life. You probably aren’t feeling unfulfilled and frustrated in your career and you REALLY want to make a change.

It’s been nagging you, right there in the back of your head…popping up and reminding you that want to do something about it. 

But you keep ignoring it, delaying and procrastinating.

Here’s the thing…

The only reason you’re doing that is because you are associated pain and discomfort to making the change, as opposed to RELIEF. 

Once you flip the switch (just like turning a light on or off)….

You’re able to make a change virtually overnight, to something you’ve been **thinking** about or **wanting to do** for months or years.

AKA , finally commit to becoming an entrepreneur and taking back control of your life and your career. 

I’ll let you in on a little secret…

You are much closer than you think. You are one decision away from completely changing the trajectory of your life, and your kids lives. 

Sure, you could fail. It may not work out the first time.

Do you want to know how you GUARANTEE failure…?

It’s by not doing anything.

When we work with folks, I know they mean business when they say…

“I’ve been thinking about starting my own business for years now, It’s now or never”…. 

Change starts with a decision. You don’t need to have it all figured out. 

I’ll talk more about that in next week’s newsletter…stay tuned.

Tariq

CEO & Founder, Franchise Empire

Today, in 5 minutes or less:

✔ 1 Specific resale franchise for sale

✔ 1 Franchise of the week

✔ 1 Client Case study of someone just like you

✔ Latest episode of The Franchise Empire Show

Join Our Franchise Buyers Beta Course for
Aspiring Franchise Owners

Franchise resales possess many benefits for aspiring business owners – established cash flow, experienced employees, systems in place, and brand awareness to name a few. 

This week, our featured resale comes from Homewatch CareGivers, an in-home care services franchise that provides services for seniors and individuals with disabilities to improve their quality of life. Homewatch CareGivers started in 1980, and now has 224 franchise locations throughout the country.

• Asking price of $1,050,000

• 2023 gross revenue of $880,000

• SDE of $315,400

• Location opened in 2019

• Office manager/scheduler and a talent manager are in place

• The business is located on the grounds of an assisted living facility. The residents there use this on-site resource for caregiving needs and the business presents quarterly events with the residents so there is much good will and name recognition with this built-in referral source.

• Sugarland, TX is also home to VA clinics and pays one of the highest wages in the country for homecare needs for their Veterans.

• Full-time ownership is expected for the first 18 months

• By 2030,1 in 5 US residents will be over the age 65, and 70% of people who are 65 or older will require long-term care. The senior care industry is in high demand, and will continue to be an essential service in the future. 

• On the surface, this is an incredible, profitable opportunity to get into the senior care industry.

I actually had two clients come to mind who just made a DECISION.

One is Richard. He said he’d been thinking about starting a business for YEARS. He’s a super successful COO of a company too.

He said what he really needed was accountability to just doing it.

Check out he made it all happen.

The other is Alexis. She’s like a female version of me. It’s pretty funny to see actually.

But she was at her breaking point, and although it didn’t FEEL like the right time, she knew that had been stuck in analysis paralysis for nearly a decade of looking at franchises.

She’s out there making big moves now.

Check out her story and how she made it happen.

Here are 5 Low Cost Franchises that make
$1,000,000 (Backed by Data)

Most People Waste Countless Hours Of Time Stuck In Confusion, Scoping The Internet, Trying To Find Winning Franchises.

This Will Save You So Much Time.

We’ve Done The Heavy Lifting For You And Narrowed It Down To 5 Low-Cost Franchises That Make $1,000,000 So You Can Save Yourself So Much time.

• Started in 1983 in Colorado and began franchising in 1985.  

• They have locations in Canada, South Africa, New Zealand and Australia. 

• There are no parent companies.

• Corporate Owned Territories: 2

• Franchise Units: 798 US locations

• Franchise Fee: $40,000 (but waived for specific markets)

• Royalty: 8% of total billings

• National Marketing Fee: 2% of total billings

• Total Investment Range: $100,000 – $400,000 depending on which model you choose

• Term: 5 years
  **Numbers according to their FDD released on April 28, 2023

Express Employment Professionals is a global staffing franchise with over 912 locations worldwide that offers staffing services and HR business solutions to businesses and individuals. They offer Temporary, Flexible, Evaluation/Direct Hire, Professional/Contract Staffing in the categories of skilled trades, professional, light industrial and administrative services. 

Below tables taken from the Express Employment 2023 Franchise Disclosure Document – Item 19.

Benefits for the Franchisee:

• High Revenue Potential – The item 19 is 9 pages long, and one of the tables shows data for units open more than 60 months. There were 418 units open more than 60 months and their average annual sales were $7,194,784!

• Industry Experience Not Required – Over 90% of franchisees did not have staffing/recruiting backgrounds, yet many of them are still able to be extremely successful.

• Work-Life Balance – You’ll have an office with this business and a few employees. You won’t need to spend nights/weekends meeting with employees/contractors/staff/companies as all of that is done during typical business hours allowing you to have a work-life balance with your time.

• Stable Industry – There will always be companies that need to outsource their hiring needs. Even if there is a decline in certain workforces, you can pivot to other industries and types of hires so you’ll always have some sort of stability. You’re not limited to just one type of hire and can focus on what your market needs are.

• Community Impact – The average office is able to place 600 people each year looking for a job in their community.

Episode #34: How to Buy a Franchise With No Money Down

Think it takes a ton of money to buy a franchise? Think again. In this episode I reveal 4 powerful strategies you can use to buy a franchise for no money down. This can be a great way to buy a franchise if you don’t have a ton of money saved up.

If you’re interested in buying a franchise and don’t want to invest every penny you have, make sure to watch the full episode and take some notes!

Watch on YouTube

Listen on Podcast Platforms

That’s a wrap for this week’s Franchise Empire newsletter. 

Feel free to reply with any questions, or feedback. I appreciate and value your time and attention.

I’ll see you at the same time next week!

-Tariq and The Franchise Empire Team

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