,

brandEXPANSION Hot Press

Franchise & Business Opportunity News

Franchises That Offer Home-Oriented Services Continue to Thrive

Written on May 30th, 2008 by Joseph in Franchising Developments.

With the real estate market slow, it is a buyer’s market. That is why people are holding on to their houses for a longer period of time, hoping that the market will again rise. But houses need regular maintenance and very few of us have the time or energy after a hard-day’s work to fix things in the house. Add to that homes that are sold must be in tip-top shape.

That is why three segments of the franchise industry are witnessing rapid increase in the demand of their services. This, in turn, is giving rise to the demand for the franchise business for sale offers from these categories. Now, let’s take a look at the different categories and explore why they are in such demand:

• Handyman Service Franchises: One of the fastest-growing franchise categories, both in terms of unit number and revenue generated, handyman services have various reasons for their rapid progress. Apart from the fact that people are maintaining their houses more than ever, the rise of double-income families and senior couples who live alone are also contributing to its popularity. For a franchisee this is a good category to buy a franchise from, because most of them are very affordable. Many of them are small business franchises and can be run from home with a service van. It’s not necessary to be a handyman to succeed in this line of work; rather the companies are looking for people with leadership and management skills. They generally can train you on the tasks, or you hire professionals and you run the business end.

• Repair and Restoration Service Franchises: Admit it; there is always one thing or other breaking in the house, no matter how well you keep it. Also, people are living in the same house for a longer period of time, so they are inclined to renovate it. From concepts famous for restoring furniture to organizations well-known for maintaining marble, granite and other natural stone surfaces, this category is filled with promising franchise opportunities. A more than $200 billion dollar industry, it holds prosperous future for the people who buy a franchise from it.
• Maintenance Service Franchises: When you are a house owner, you have to periodically maintain every part of the house. Before, people used to do the minor works themselves; but today’s fast-paced lifestyle means that you have to depend on someone else to execute the job. This has resulted in the increase in demand of the franchise business for sale offers of different franchise concepts from this category. From businesses maintaining lawns to companies restoring the roofs and pipes – all kinds of franchise opportunities are found under this category.