🍟 10/5/2023 – $800k in Profit With ~$200k Invested?!
FRANCHISES OF THE WEEK
1) Rolling Suds
- HQ: Pennsylvania
- Founded in 1990, franchising since 2022
- Power washing business for residential and commercial buildings and structures
- Royalty: 8%
- Brand Fund: 2%
- Franchise Fee: $31,920 – $39,900
The Wolf’s Take 🍟
Rolling Suds was founded decades ago, but only began franchising last year.
The original corporate entity teamed up with Aaron Harper, a franchising veteran who was a senior exec at ChemDry, and helped lead the carpet cleaning franchise to 400+ territories.
Now he’s using all his experience both in home-services and franchising, as the CEO of what looks like an incredibly high potential franchise that specializes in power washing services.
You don’t need to be a math wizard to see the ridiculous potential of building out a territory with this brand. The sample size is of course just 1 corporate entity, but nonetheless they show the best ROI in the home-services arena.
If you’re interested in building out a powerwashing empire, check them out via the link below!
2) Next Day Access
- HQ: Bartlett, TN
- Founded in 2012, franchising since 2012
- Next Day Access is a franchise specializing in fast and reliable accessibility solutions, including ramps, lifts, and mobility aids
- Royalty: 5% – 8%
- Brand Fund: 1%
- Franchise Fee: $48,000
The Wolf’s Take 🍟
Talk about a cash flowing business…..this may be a niche, unsexy category, but sometimes those are the opportunities that get overlooked quite often.
I’ve yet to get an updated FDD (note that these numbers are from the 2022 FDD), however if you’re not interested in the brick & mortar franchise world, Next Day Accessibility is a prime example of the potential of service businesses.
And of course, this franchise isn’t in the home-services category which dominates the non-brick & mortar franchise opportunities, so I’d also use this as a sign to search far & wide through all the categories of franchising before picking a brand to commit to!
FROM THE POD
Joe Sexton – Ace Pickleball Club
This was a super fun conversation where I caught up with Joe Sexton, the co-founder of Ace Pickleball Club.
Disclaimer: This Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All Content in this email is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the email constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content in this email before making any decisions based on such information or other Content.