My Home Watch gears for mega expansion
My Home Watch is a home services franchise specialising in house maintenance whilst residents are away. From feeding the dog to watering the plants and making sure food doesn’t expire in the fridge, the business prides itself on ensuring clients can truly relax on their holidays.
Natasha Morgan, CEO and founder says there are big plans for national expansion.
The growth numbers projected for the next five years are:
New South Wales: 31
South Australia: 8
Australian Capital Territory: 2
Western Australia: 12
“We have set ourselves a goal to set up five new franchises in each of these states over the next 12 months,” she said.
“We are hoping to introduce franchisees into every state and then also some regional areas as well where the service is needed."
Morgan said the benefits of the model is that franchisees work in a territory, build up their client base, build trust and repetitive service with their clients.
No prior business experience is required, however ideal franchisees are individuals or couples who love working with people, have great communication skills, honest and self-motivated. Franchisees are required to be owner-operators.
The initial investment cost for a My Home Watch franchise ranges from $20,000 to $40,000 for a five year term.
Franchisees benefit from three income streams (service, hire, retail), admin, sales and marketing support.
Interested in the home services sector? Check out brands.