Franchise organizations in home renovation focus on specific products (steel siding) or services (glass or grout/tile repair). They’re niche businesses in which the franchisor provides the marketing, management, and financial discipline to help owners succeed. Going in costs are all over the board — see the Remodeling 550 franchise list — depending on niche complexity and owner assets.
“Franchises allow businesspeople a point of entry into a trades-based business,” notes Dan Frey, owner and founder of The Glass Guru, a Sacramento–based company specializing in window and door repair or replacement.
They also allow remodelers to use their construction knowledge to create a profitable side line in, say, kitchen remodeling or home inspection. One thing holding potential franchisers back is the credit market. “There are a lot of people out there looking for opportunities,” Frey notes, “but helping our qualified prospects get financing is the biggest challenge.”
to download the a PDF of 550 Franchises.
—REMODELING contributing editor Jim Cory is the editor of REMODELING's sister publication, REPLACEMENT CONTRACTOR.