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- 🔥Emerging Franchise of the Year Candidate
The franchise industry is booming! We were thrilled to have 3 fantastic clients secure a combined 6 territories over the last 2 weeks. These clients came from diverse backgrounds, with varying skillsets and investment capital.
We take pride in crafting personalized recommendations for each client's unique situation. We never push specific brands, instead prioritizing the perfect fit for each client’s long-term goals and skillsets. This resulted in each client choosing a franchise from a completely different industry.
If you’d like us to send you a curated list of franchises to consider please email me at [email protected].
Emerging Franchise Spotlight
Kickstart My Franchise Cash Back Program Exclusive: Up to $10,000
Kitchen Guard is a brand new franchise (and just signed its first franchisee), but I expect it to have explosive growth this year and wanted to bring it to you guys/gals before the good territories are gone.
A commercial kitchen hood cleaning business (additional service lines include filter exchange, green steam vapor cleaning, etc)
B2B service (no hassle of dealing with homeowners)
Recurring revenue
Customers need (required by law) routine cleanings (somewhere between monthly to quarterly), which creates a great recurring revenue opportunity.
Attractive Upside Potential (see below)
90%+ customer retention
Fast sales cycle for new business
Massive territories (ex: Milwaukee is 2 territories)
Liquid Capital Required: $75k
Total investment: $173k - $308k
Tim’s Take: Let’s not beat around the bush. This is a high risk opportunity given the franchisor is brand spanking new! However, they are a part of EverSmith brands which is owned by The Riverside Company, which is a well known private equity firm (who I happened to do commercial due diligence projects for during my time as a strategy consultant for Parthenon-EY).
If you can get comfortable with being very early on in a concept, this opportunity checks A LOT of boxes for the vast majority of candidates I speak with and could be worth your time to take a look at. Given it is mandated by the government, demand for this service is likely to always exist and will need to be done on a consistent basis.
Also, the margin potential is insane for a service-based franchise. 10-15% net margin is a pretty normal range with some franchises getting up in the 20% range. Kitchen Guard is up at 30%! Will new franchisees experience this margin? Most likely not in their first year, but it gives you a sense of what is possible over time as your business grows.
Shoot me an email at [email protected] if interested and I’ll send you a more detailed brochure.
Latest Podcast Episode
In this episode of the Kickstart My Franchise podcast we chat with Cliff Kennedy from Frios Gourmet Pops.
Frios is a great concept for those of you who are operating on a tight budget. You can start it with as little as a $65,000 investment.
The business is very simple to operate relative to a standard food truck. There are no deep fryers or prep of any kind involved. Simply pull up to the event/site, open the window and start selling!
Interested in learning more about Kitchen Guard or Frios Gourmet Pops? Email me at [email protected] or Click to learn more. I can let you know if they still have availability in your area and introduce you to their management team.