A franchise business in Richmond could be historic! Why? Richmond is the capital of Virginia and the third-largest city in the state. It is the center of the Richmond Metropolitan Area with a population of 1,260,029, the third most populous metro in the state. The city has a strong business climate with several Fortune 500 and Fortune 1000 companies, as well as small businesses, and earned a spot on Forbes‘ list of The Best Places For Business and Careers. Richmond also features a variety of attractions and activities, and is home to a thriving restaurant scene.
Richmond’s economy is primarily driven by law, finance, and government, with federal, state, and local government agencies as well as notable legal and banking firms and a growing presence of biotechnology and pharmaceutical companies. Richmond is also home to numerous listed historic districts, which is gold to the painting and handyman contractor who is able to do this type of specialty work. What this adds up to is an opportunity in the Richmond market to build a huge business in the painting and handyman sector.
Remember, when you are looking at owning a franchise, the scalability and opportunities need to be carefully evaluated.
How are we different?
First, a Klappenberger & Son territory in Richmond is three to ten times larger than the territories offered by other franchises. So you don’t need to invest in additional territories in order to reach your financial goals even if they are lofty. You will have a market large enough to grow as big a business as you wish.
Second, we are not only the most affordable, but we have a decreasing sliding scale royalty program. So, the more you gross the less you pay.
Thirdly, our training is 6 weeks long compared with our competitors who offer just a few weeks or less of training. After your training is complete, you will have a mentor inside the organization who will assist and coach you every step of the way.
Here are a few reasons why this might not be the best franchise to own.
Founder, David Klappenberger, has over 30 years of experience as a home service contractor. The training and support you get are like no other franchise.
The Richmond Metro Territory is huge even by Klappenberger & Son standards. The market area is effectively the size of two Klappenberger territories combined with over 1.2 Million people spread across 13 counties! If you want to build a big business, this is the place to do it.
Residential – Our franchise system is ready to take advantage of what Richmond has to offer. For example, residential painting and handyman work are in constant demand. The pay is quick, and the margins are good.
Commercial – There are so many restaurants, hospitals, and other commercial spaces to chose from. Whether you prefer large commercial jobs or residential work, Richmond is loaded with opportunities.
Historical Work – With 1000’s of historical properties in and around Richmond, it makes Klappenberger & Son a smart franchise business to own.
Local Government Opportunities – minority-owned Klappenberger & Son franchises can take advantage of the special minority contracts. We can help get you registered with the Minority-Owned Small Business .
If you are looking for a low-cost franchise with high profit in Richmond, there are many reasons to look at our industry.
Firstly, the painting industry is a $31 billion per year industry. In addition, the handyman franchise industry is a $4.1 billion per year industry. Combining the two makes you a convenient one-stop-shop for customers and a generous stream of income.
Secondly, people need our services regardless of the economy. For example, if home sales are slow, people are making repairs and painting. If it is a seller market, people are buying and making changes to make the sale.
I have been in this industry for 30 years and have seen every type of economy, including the pandemic. So I can speak from experience; this industry is recession resistant.
The painting and handyman industry can be so unreliable that customers will create a loyal customer base if you show up and do a good job. That is not the same for other industries such as restaurants. For example, I love a good cheeseburger. However, I’ll eat a cheeseburger from Five Guys, Wendy’s, Steak ‘n Shake, and just about any sports bar. In short, I am not loyal to just one cheeseburger joint.
On the flip side, no pun intended, the painting and handyman relationship is different. Happy customers want to use the same contractor again and again. This loyalty creates a great customer base. Over 74% of our customers are repeat customers or referrals.
Who has the best franchise? I can answer in two words -no one. Your needs, goals, and desires determine which franchise is the best for you. Not the franchise.
Buying a franchise is like buying a car. Each car has its unique features and costs. Therefore, a good franchisor should NOT try to sell you their franchise but rather ask questions about you to see if your needs fit their franchise model.
Here are a few questions you can ask yourself to find the best franchise.
First, do you want a brick-and-mortar store or an at-home business?
Secondly, are you looking for a scalable franchise or a more part-time business?
Thirdly, are you looking for something to be hands-on or something the generates a more passive income?
What income are you looking to derive from whichever franchise purchase?
How soon do you need the cash flow from the franchise?
Have you talked to anyone in the franchise industry you are interested in?
Most importantly, how much capital do you have to invest?
To see if a Klappenberger & Son franchise in Richmond, VA is right for you, fill out the contact form.
We will ask and answer the questions above and have a plain and frank discussion.
Our policy is not to sell you but to guide you and see if our franchise works for both of us.
We respect your privacy at all times.
Additional Sources Of Info About Klappenberger & Son: