Finding The Franchise With The Best ROI
April 20, 2023 No Comments
Finding The Franchise With The Best ROI Finding a franchise with the best ROI (return on investment) can feel like an impossible task. If you have started
Fairfax and Arlington, VA are ranked #3rd and #6th in wealth out of 3,007 counties in the US. In other words, there is ample opportunity to grow a Klappenberger & Son franchise in Northern VA.
Want a couple more advantages?
First, its proximity to DC gives the NVA economy stability most of the country does not benefit from.
Secondly, A Klappenberger & Son franchise in Northern VA can potentially paint 45 different Federal Agencies. These departments have annual budgets, and Federal agencies must spend the money. Any one of these agencies can provide steady work to a crew of painters.
Secondly, Northern VA is loaded with large private companies. A Klappenberger & Son franchise in Northern VA focusing on commercial painting benefits from year-round interior painting.
Finally, the affluence and desire to keep homes looking their best in this territory are easy to understand. The average cost of a home in Arlington is $799,561 according to Zillow.
This Northern VA territory has a population of 459,000 people!
We call this franchise location OZ. That is the Opportunity Zone. Why?
Because most territories predominantly have two opportunities, namely, residential and commercial with a sprinkle of local government.
This franchise location has an opportunity at every turn. For example:
If you are looking for an affordable franchise in Northern VA, there are many reasons to choose a franchise that provides both painting and handyman services.
Firstly, the painting industry is a $31 billion industry. In addition, the handyman franchise industry is $4.1 billion per year. Combining the two makes you a convenient one-stop shop.
Secondly, people need our services regardless of the economy. For example, if home sales are slow, people are staying put and fixing up. If it is a seller market, people are buying and making changes.
You don’t need to convince someone to paint or maintain their property. Look around. Just about every structure in your territory is painted. And there will be things that break down and need to be fixed or replaced.
The painting and handyman industry is 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 asking questions about you to see if your needs fit their franchise model.
Here are a few questions we ask our candidates to determine if they are a good fit for our franchise model.
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 Northern 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:
How does Klappenberger & Son compare to 4 other top Handyman franchises?
How does Klappenberger & Son compare to 6 top Painting Franchises?
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Phone: 443-223-0645
Email: dklappenberger@klappenbergerandson.com
Address: 902 Bluff View Dr. Myrtle Beach, SC 29579