3 low-cost home renovation franchises
We all love a fresh new look, but with the rising cost of housing prompting home owners to stay put for longer, more Aussies are choosing to update rather than upgrade. The industry evolution has seen home renovation franchises become more readily available and accessible, bolstering builders, tradespeople and qualified installers with a spark for the entrepreneurial.
From bathrooms to outdoor additions, the list of prospective projects is never-ending, and unlike some maintenance businesses, the work is rarely seasonal.
Home renovation franchises offer the opportunity for those with a background in building and construction to take the leap to business ownership, without significant overheads such as staffing and premise hire.
Most jobs will be small and easily handled by one to two people, however there’s no reason you can’t expand your mobile ‘man-in-a-van’ into a multi-van business model.
Whether you have experience in the building and construction sector or not, the biggest challenge presented by home renovation franchises will be scheduling and administration. That’s where having a supportive franchisor with a solid system for lead generation will come in handy.
Here, we’ve put together three home renovation franchises, both indoor and out that will help you kick-start a new business of your own.
Over the last 20 years, bathroom maintenance service Megasealed has provided Aussie home owners with a specialised solution that puts an end to leaky showers and balconies.
The innovative technology process is quick, affordable and doesn’t involve removing tiles, providing a painless customer experience.
In addition to the backing of an experienced operator, Megasealed franchisees also benefit from flexible working hours, full training and national marketing support.
Best of all, the opportunity will only set you back $30,000 plus GST, making it one of the most affordable home renovation franchises on the market.
Megasealed is currently seeking aspiring entrepreneurs with trade experience or manual dexterity in the construction space and a passion for positive customer service.
Also coming in at an affordable $30,000 is solar panel installer and retailer Solar Run. The business has made a name for itself helping Aussie home owners become more energy efficient and in control of their electricity use.
The low-overhead model sees franchisees provides solar power, battery shortage, LED lighting and solar hot water solutions to residential consumers, a market that is only growing.
Solar Run franchisees receive support and training throughout the life of their business, with all marketing aggregated to maximise lead potential. Additionally, all sales information is housed within the company’s CRM, making it easy to keep track of any ongoing, upcoming and completed jobs.
Solar Run is looking for motivated franchisees who are passionate about the renewable energy industry, with no electrical experience necessary.
There’s nothing better on a hot Summer’s day than a few beers on the back patio, but when the deck falls into disrepute, it’s DeckSeal that comes to the rescue.
Over the last 12 years, DeckSeal has established itself as the number one timber restoration and preservation company in its home state of Victoria. The niche offering has allowed the Aussie operation to corner the developing outdoor deck market.
With a low start-up cost of between $60,000 and $70,000, DeckSeal franchisees avoid the initial finance challenge, allowing them to get their business off the ground quickly, but it isn’t the only benefit of the model.
Franchisees are also encouraged to set their own hours, offering greater work/life balance, with all software, quoting and estimating training supplied by the franchisor.
Home renovation franchises
If you are handy with a drill and don’t mind getting your hands dirty, home renovation franchises offer the perfect avenue to entrepreneurship.
Take the time to assess your personal capabilities and skills, both in the physical arena and with regard to customer service and sales. All three of these low cost business models involve customer interaction, so it’s critical you focus on meeting client expectations.
Always be sure to consult a franchise lawyer and accountant prior to signing the agreement; you must make sure you understand what you are getting yourself into. If the idea of helping Aussie families upgrade their home gets you excited, this may be the industry for you!