Home Improvement Franchises For Sale

There are more than 125 million households in the United States, meaning there are many, many people in need of assistance when it comes to performing minor home repairs and renovations. A home improvement franchise can assist busy homeowners who don't have the time or inclination to perform the necessary upkeep that a home can require. If you are an entrepreneur who enjoys working with your hands or helping homeowners enjoy their living spaces more, this is a fantastic franchise opportunity to explore.

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Did You Know?

The global online on-demand home services market is projected to reach $435.41 billion by 2021.

SOURCE:
SOURCE: Technavio
Nearly 3 out of 4 of consumers 21 to 34 have hired a home service professional in the past 12 months

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SOURCE: Farnsworth Group
Americans are projected to spend $317 billion on home improvement in 2017.

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SOURCE: Consumer Reports
Leading Indicator of Remodeling Activity (LIRA) projects gains in home repair spending of 7.7% in 20

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SOURCE: Remodeling Futures Program - Harvard

Industry Info Available Franchises

Types of Home Improvement Franchises

From franchises focused on bath remodeling to all-purpose handymen, there is a multitude of franchises centered around the home improvement market. An entrepreneur interested in a home services-based franchise could also consider a business concentrated on flooring repair, replacement and refinishing, a home painting business or even window replacement. Determining which opportunity is right for you will depend on your area of expertise, background and what the surrounding consumer demand is.

Why a Home Improvement Franchise?

Home improvement franchises provide a lucrative and thriving business venture for an entrepreneur who has the proper skills and experience. For someone who enjoys working with their hands, the market for these services is growing as baby boomers grow older and need more assistance with home repairs. Additionally, millennials often don't have the time or inclination to do the regular maintenance that is required of home owners. A franchise in this category can be both fulfilling and profitable.

Home Improvement Franchises For Sale Opportunities:

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Home Improvement

Ideal Siding

Become a part of the rapidly expanding siding renovation franchise with yearly revenue growth of 223%. No prior construction experience is necessary to join. Each project brings in an average of $25k+ in revenue, and we…

80k Minimum Cash Required

Fresh Coat Painters

At Fresh Coat our business model is designed to do two things: Provide a high-quality service to customers and make our owners money. Our customers are seniors, busy families and small business owners looking for interior and…

50k Minimum Cash Required

Home Services Categories:

Given the massive size of the home improvement market, you aren't going to be able to do it all. Simply put, there are too many different types of customers to serve that it's unrealistic to target them all. Instead, choose a franchise that focuses on services lacking in your area. Let's discuss some key points that may help you dial in your choice just right.

Repair or Remodel?

In general terms, there are two categories of work that you can do in this space – performing repair work for homeowners or doing remodeling projects to upgrade a house. Sometimes, these two will overlap, but it's helpful to consider them as separate, at least for now. So, would you rather be doing work that solves existing problems and fix issues, or do you want to tear apart an existing space to turn it into something completely different? Both can be valuable business models, so think about how your skills and interests come together and choose a path accordingly.

Upscale or Budget?

While you're narrowing the kind of work you'd like to do, it's also important to think about what market segment you will serve. For example, will you target budget-minded customers looking for basic work at an affordable rate, or do you want to serve the upper end of the market with luxury remodeling? The latter may offer greater financial rewards, but the work will be harder to find, and you'll be expected to meet a higher standard. When considering this, it's crucial to also think about your audience's demographics.

Find the Right Match

Now that you have a better idea of what kind of work you'd like to do and whom you'd like to work for, you can look for franchise opportunities that are a perfect match for your vision. With the blend of a clear plan for your business and the proper franchise partner, you'll be all set to find your first customers and start working.