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.
Want to keep up with our latest newsletters?
If you hadn’t noticed. We didn’t do a newsletter last week..
You probably got a million emails though because we were launching our Franchise Buyers Academy.
Yea…sorry about that. (well not really)
I’m not sorry, because attention is hard to come by!
We are busy,
We are forgetful,
We procrastinate,
We need to be reminded of things
We need to see things 7 times on average before we buy
That’s literally what you’re facing out there in the marketplace as a business owner.
I used to hate when people sold or promoted stuff..
But how in the world do you think you make money once you’re an entrepreneur and buy your franchise? Or whatever business you wind up doing.
Sales and Marketing are the lifeblood of business. Without them, the best businesses with the best products and services couldn’t survive.
Remember that as you journey into entrepreneurship. One day you’ll need to promote your business, and find customers or clients.
So if you like a business or a brand, in the future- don’t hesitate in supporting and doing business with them as long as it’s a win-win, and you think it could help solve whatever problem you’re facing.
With all that out of the way….
After a week of shutting down access, the Franchise Buyers Academy is back up and available for you to join.
It’s a whopping $27.
We will raise the price soon though, and I’m being 100% honest with you when I say I don’t know how long we’ll keep it up and available.
So if you’ve gotten value out of any video you’ve watched from me or my team, or email we’ve sent, or training we’ve made.
&
You are open, interested, or just “thinking about” the idea of buying a franchise.
Then we’d appreciate your support in buying Franchise Buyers Academy for $27 LOL. (It’s so cheap it’s almost annoying)
Thank you.
Tariq
CEO & Founder, Franchise Empire
Today, in 5 minutes or less:
✔ 1 specific resale franchise that shows big upside potential
✔ 1 franchise of the week that the highest master franchisee does $7.7M in sales
✔ 1 Client Case study of someone who called working with us “life changing”
✔ Latest episode of The Franchise Empire Show with a Franchise Legend!
Join Our Franchise Buyers Beta Course for
Aspiring Franchise Owners
FEATURED RESALE
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 Outdoor Lighting Perspectives (OLP), an outdoor lighting company that specializes in transforming outdoor spaces with low-voltage architectural and landscape lighting. OLP started franchising in 1998 and now has 123 units across the country.
Reno, NV
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Asking price of $300,000
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Location has been open since 2019
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2023 sales were around $430,000
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Owner is involved in other businesses and has not been able to dedicate the time and resources to grow the business
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Team members and subcontractors in place
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OLP system has a 95% retention rate!
Franchise Empire’s Take:
- OLP owners help both residential and commercial customers. They can install residential LED Low Voltage Lighting, Holiday Lighting (Commercial and Residential), and Commercial / Hospitality Lighting Solutions.
- OLP is part of Empower Brands which consists of 10 different franchise brands, including many in the home services industry.
- According to the 2023 FDD, out of 68 reporting franchisees, the AUV was $770,585. This appears to be a great opportunity to jump into an existing business within a solid overall franchise system.
Curious to learn more about this particular franchise resale, or other resales available in your area?
CLIENT CASE STUDY
Kiki called our program and working together “life changing.”
What an honor. Our goal really is to help change lives, for the good!
Check out her story, it’s interesting.
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.
FRANCHISE OF THE WEEK
History:
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Started back in 1995 and began franchising then as well.
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Have had a couple small name changes, but no major acquisitions or parent companies.
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Family-owned and operated.
Numbers:
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Corporate Owned Territories: 1
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Franchise Units: 46
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Franchise Fee: $98,000
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Royalty: 5%
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National Marketing Fee: 0%
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Total Investment Range: $219,000 – $339,000
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Term: 10 years
**Numbers according to their FDD released on April 27, 2023.
Description:
Anago is a master franchise opportunity in the commercial cleaning space. The master acts as a subfranchisor – selling franchises just like a typical franchisor does. Master franchise owners have the exclusive developmental rights to sell janitorial franchises in a defined territory. Simultaneously, they will sell cleaning contracts and assign those contracts to those who purchased a janitorial franchise from them. The master will help to support their franchisees with their daytime operations by doing the sales, marketing, billing and advertising for them. The unit franchisee then focuses on the nighttime operations such as hiring, training and proper usage of chemicals and equipment. Master owners are not in the cleaning business, but instead in a sales and marketing role.
Financial Data:
Below tables taken from the Anago 2023 Franchise Disclosure Document – Item 19. This is broken out by calendar quarter.
Benefits for the Franchisee:
- Recession-Resistant – Cleaning cannot be outsourced by a foreign country or replaced by the internet. Every business needs to be cleaned by someone, even during times of economic hardship, and especially during a pandemic!
- Low Overhead & Quick Ramp Up – No major real estate investment or construction needed. Owners can start with a small office and an administrative assistant and ramp up time is typically 4-6 months. Corporate handles all billing and collections and doesn’t require royalty payments for the first 6 months of operation.
- Executive Business Model – This is an executive business model, Monday-Friday, 9-5. Master Owners control their time in and out of the office and never have to work nights or weekends. In addition, they have a proprietary cloud-based and mobile software system to run every aspect of the business from wherever you are.
- Recurring Revenue & Multiple Revenue Streams – Commercial cleaning contracts are typically very long, providing you with a stable, recurring income. There are also 7 different revenue streams you’ll have the opportunity of making money from.
To see if this franchise is available in your territory
OR
Check the availability of ALL franchises in your area
Episode #47: Don’t Buy a Franchise Until You Watch THIS | Rick Bisio
In this episode, I sit down with franchise legend Rick Bisio and talk about how you can select a winning franchise among the thousands available in the United States.
Rick, the author of “The Educated Franchisee,” shares invaluable insights on the critical mistakes potential franchise buyers often make and how to steer clear of them. We dive deep into the signs of a failing franchise, the circumstances under which you’re better off not buying a franchise at all, and why sometimes sticking to a traditional job is the smarter choice.
This conversation is packed with straightforward, no-nonsense advice that will equip you with the knowledge to make informed decisions and potentially save you from making costly mistakes in the franchise world.
So sit back, take some notes, and enjoy the show.
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