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.

For those of you who are struggling to find the right franchise, or maybe you’ve worked with a broker or consultant and haven’t had success…

We offer a two week trial in our proprietary Zero to Profitable Franchise™ system to help you get access to the most proven franchises and reduce your risk, so that you can buy a money making franchise with confidence and PROTECT YOUR ASSETS. 

We help you with 3 things:

1. Finding a quality franchise that aligns with your skills, budget and is available in your area.
2. Due diligence to reduce your risk and protect your assets.
3. Getting launched so you can get off to a fast start.

What’s the catch? 

We don’t work with everyone, and you need to qualify.

The good news?

You can schedule a free consultation with our team to see if you qualify, and if we are the right fit to work with each other.

You can do that here https://www.franchiseempire.com/ztpf

Today, in 5 minutes or less:

✔ Franchise showing $286k in Adjusted Profit*, Highest performer did $961k in Adjusted Profit*

✔ Established resale with Recurring Revenue and Manager in place ($705k in sales)

✔ Franchise Buyers Dodged a Bullet… on a Franchise they almost bought

✔ What You Should Look For Before Buying a Franchise! (Podcast)
**According to FDD issued April 19,2024

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

In 1984, entrepreneur David McKinnon brought Molly Maid from Canada to Ann Arbor, Michigan, to give busy American homeowners a reliable, professional, affordable solution to messy, dirty houses. Residents of the competitive university town took advantage of the new home cleaning service, which quickly expanded to communities in other states. Today, there are more than 450 individually owned Molly Maid cleaning service franchises operating across the United States. Last year, we performed 1.7 million cleaning services, 90 percent of which were for repeat customers.

• Opened November 2016

• Asking price of ~$275,000 (JUST LISTED)

• Last Year  Revenue of $705,000

• Cash Flow: Request info below- NDA Required
  

• Residential and commercial customers

• Recurring Revenue in place

• 6 Vehicles

• General Manager

• 11 Home Service Professionals (cleaners)

• Opportunity to increase marketing and obtain more customers in a sizeable territory

• This is a very proven brand and an established business which could allow you to hit the ground running quickly. The owner’s role is to lead the business, NOT clean.

• Existing resales with a large team can be a great opportunity for someone with management and leadership experience coming in. This could be challenging to handle if you have no management experience, or experience leading a team.

• This business has recurring revenue which helps to stabilize cash flow, and you wake up on the first of the month already knowing how much money you have coming in.

• Work/Life Balance- You can maintain family-friendly work hours with no on-call or emergency work.

Gabriel and Brittney attended a Discovery Day for an acai bowl franchise, and were close to pulling the trigger. They asked for help evaluating the franchise and formulating questions to ask. After more due diligence guided by our team, they decided it was smart to look into other opportunities that better aligned with their financial and lifestyle goals.

We talked through the benefits of service-based franchises that are also need-based. A Cleaning and Restoration franchise ultimately impressed them with their business model and plan, and they felt confident enough after due diligence to purchase four territories.

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.

• Originally started in 1999 by brothers Ken and Ryan Parsons. 

• They started franchising in 2015.

• Acquired by EHC Holding Company which is controlled by The Riverside Company. 

• Corporate Owned Territories: 1

• Franchise Units: 110

• Franchise Fee: $49,500

• Royalty: 6%

• National Marketing Fee: 2%

• Total Investment Range: $143,750 – $205,000
  **Numbers according to their FDD released on April 22, 2024.

The Brothers That Just do Gutters provides gutter installation, maintenance, cleaning, and repair services and products to residential homes. Gutters are a need, NOT a want – gutters are not the newest fad or trend, they are a necessary product and service needed on almost all homes. If you do not have gutters or properly functioning gutters, the damage to your home can be catastrophic. 

The owner does sales and manages the installers for the first 1-3 months. They order material, conduct meetings, network with other businesses, recruit and ensure their installers follow the training program. When going from 1-2 crews, owners hire a sales rep and focus on growing the team and the brand. 

Below tables taken from the Brothers That Just Do Gutters 2024 Franchise Disclosure Document – Item 19. This item 19 is 83 pages long!!!! Yes, 83… Longest I’ve ever seen. A table like Table 6 below is available for every single location. There does seem to be a theme of negative sales growth from 2022 to 2023.

Benefits for the Franchisee:

• Recurring Revenue – Most gutter systems require maintenance. If there is at least 1 tree nearby clients will need at least 1 gutter cleaning per year. Most clients need 2-4 cleanings per year and are willing to sign up for recurring gutter cleanings.
  

• Contractors/Commercial Opportunities – Roofers, builders, and remodelers… all need gutters installed with every project and provide endless streams of jobs. In addition are property management companies, HOAs, condo associations, and more. There are enormous amounts of clients who make multiple gutter purchasing decisions per year.

• Simple Model – Home based, quick to open and can operate with just a few employees.

• Corporate Marketing & Call Center – Dedicated marketing team focused on getting you lots of leads with a three-phase marketing approach and the call center boasts a 80-90% lead conversion rate.

Episode #88: What You Should Look For Before Buying a Franchise! (Podcast)

Have you ever been walking through an airport seeing all of the long lines to the restaurants and thought…I wonder how much money they make, and who even owns them?

Me too!

So I was really excited when I got the opportunity to talk to Randy Hazelton.

Randy and his company H&H Hazelton own and operate multiple restaurants in airports.

One of them being a shake shack restaurant.

Between all of his ownership and joint ventures, his restaurants will produce over $50 million in sales this year.

In this episode, we dive deep into how Randy got involved in this business, the barrier to entry, mistakes he’s made, and a masterclass into the business of operating airport concessions.

This was a really cool episode that I think you’ll enjoy,

Sit back, take some notes, and enjoy the show.

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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