🍟 10/26/2023 – Non Brick & Mortar Franchises With 8x Revenue
FRANCHISES OF THE WEEK
1) Security 101
Fast Facts
Background
- HQ: West Palm Beach, FL
- Founded in 2003, franchising since 2007
- Security 101 is a leading provider of comprehensive security solutions, specializing in safeguarding businesses and organizations with technology and expertise
Location Trends
Franchise Fees
- Royalty: $59,500
- Brand Fund: 0.4%
- Franchise Fee: 4% – 6%
Financial Overview
- The below table discloses information on 47 Security 101 franchisee outlets which were in operation for the entire 12-month period of January 1, 2021 through December 31, 2021
The Wolf’s Take 🍟
Every facility needs security, and Security 101 is providing that across the nation.
Their services include a mix of cyber security, surveillance (think: cameras, alarms, etc.), and physical security.
This is a niche industry that frankly I don’t know much about, but the numbers are impressive.
Take a look at their website via the link below if you think this could be a good fit!
Resources
2) System4
Fast Facts
Background
- HQ: Independence, OH
- Founded in 2003, franchising since 2003
- System4 is a facility service management company that offers customizable solutions to businesses, ensuring their facilities are efficiently maintained
Location Trends
Franchise Fees
- Royalty: 1% – 6.2%
- Brand Fund: 0%
- Franchise Fee: $125,000 – $300,000
Financial Overview
- The below table discloses information on 39 System 4 Franchisees for 2021 located in the United States that were in operation for more than a year by the month of December 2021.
The Wolf’s Take 🍟
Just like every facility needs security, they also need cleaning!
System4 provides cleaning and maintenance services, quality assurance, and even work order management software.
Their goal is to be the one-stop shop and modern facility management solution that combines great people, service, and technology.
This brand also shows fantastic numbers, so take a look if you’re looking for a non-brick & mortar brand!
Resources
FROM THE POD
Rich Moyer – Hoppin’
This was a fun conversation with the founder and CEO of Hoppin’, a self-serve bar concept that has recently begun franchising.
Rich takes us through his entrepreneurial journey and how it led to franchising Hoppin’.
Check out our conversation here!
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