Think Outside the Franchise Box
When you think about franchises, do cookie cutter restaurant chains and retail stores come to mind? Think again. You may not have been thinking of a niche or more unique business concept when you first started pursuing a franchise, but maybe you should. Whether it is a high-end pet resort concept or a way to introduce kids to basic soccer skills, there are more and more unusual franchise ideas available today.
According to the International Franchise Association’s annual Franchise Business Economic Outlook for 2017, franchises are expected to grow by $36 billion in 2017 through business and job additions. If you have been dreaming of being in business for yourself, but not by yourself, now may be the perfect time to investigate one of the more unique, niche franchise concepts available to entrepreneurs. Here are some possibilities for you to explore:
Created by a second-generation chimney and fireplace technician, Midtown Chimney Sweeps provides the components needed to create a successful chimney cleaning and hearth maintenance business. According to a 2009 survey conducted by the U.S. Department of Housing and Urban Development, 35 percent of American homes have a usable fireplace. Not only is there a market for these services, but also many of the existing chimney cleaners working today are over 50, meaning retirement is on the horizon. Midtown Chimney Sweeps uses the latest technology, from their Triple Filtration Soot Buster to their high-tech business software, so franchise owners have the tools to compete in a nationwide market.
According to a survey conducted by Racor Home Storage Products in 2013, about 67 million homes have a single-car garage, while 63 percent have a two-car garage. For many Americans, the garage is not only a place to store lawn equipment or their cars, it has become an extension of their home’s living space. In fact, the demand for home garage organization is expected to increase by 5.6 percent per year. Garage Experts franchises are prepared to meet this need with their installation of garage floor coatings, garage storage cabinets, garage ceiling racks and garage slat-wall. Ranked as one of Entrepreneur magazine’s top 500 Franchises for 2016, Garage Experts offers a turnkey franchise opportunity to capitalize on this demand.
The pest control business is a booming one, currently valued at $11.4 billion a year. Mosquito Joe helps entrepreneurs capitalize on this opportunity by offering extensive training and support, as well as a significant long-range earning potential. What’s more the Mosquito Joe pest elimination service is a feel-good business—you are helping people enjoy the outdoors without the hassle of bug bites. With the recent headlines about Zika, the worry over mosquito-borne illness is high, meaning more and more homeowners are projected to seek out pest control for their yards so they can feel safe having fun outdoors. Mosquito Joe is veteran friendly, as well, offering a discount to hometown heroes who invest in a franchise opportunity.
Think that watching birds is for the birds? Well 52.8 million people say they watch and feed birds in their own backyard, adding up to a $6.9 billion a year business. For those with an interest in the outdoors or wildlife, a Wild Birds Unlimited franchise can be a lucrative investment in their future. Featuring products designed by experts to meet the needs of birds, as well as to be enjoyable for the people who use them, the core mission of Wild Birds Unlimited is to bring people and nature together. The Wild Birds Unlimited business model has been proven over 30 years and rated No. 1 in retail for franchisee satisfaction.
Simple to buy, simple to own, simple to make money—BodyBrite keeps the focus on their mission statement and slogan, “Let Your Beauty Shine.” New technologies and a growing demand have fueled the franchise’s growth in the past 10 years, as more and more people seek ways to rid themselves of unwanted body hair and wrinkles. BodyBrite has taken the concept of Laser Intense Pulsed Light (IPL) hair removal, anti-aging and skin rejuvenation and streamlined it to make it affordable for the average consumer. Requiring no beauty industry knowledge and ideal for spaces around 1,000 square feet, a BodyBrite franchise offers a path to owning your own business that is easy to execute and manage.