Franchise Talk with Outdoor Living Brands episode 3 Renew Crew

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• published: 16 Jun 2016
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This is Franchise Talk where we interview franchises so you can see them for who they are. I’m your host Alex and I'm a veteran. I spent 8 years in the Army as an Interrogator so critical questions and data collection are "my thing." This will help you get a good feel of franchising, the people asking you to partner as a franchisee and train you to become a business owner in the brand. I am a Franchise Broker kind of like a realtor for franchises. I am an expert and professional with a 30,000 foot overview of the franchises. I am your guide to finding the right one before you start being sold to. email: FranchiseTalkShow@gmail.com or call 912-271-5748 for more information and to be put at the front of the line for reviewing this franchise. Renew Crew – The Leading National Brand Renew Crew is proud to be North America’s most trusted choice for exterior surface cleaning and protecting. We are the leading national brand with a proprietary 3-step process that works wonders. We call it Renew Crew Clean™. You’ll call it the path to achieve your personal and business goals. Serving American Homeowners Renew Crew provides a comprehensive suite of services to assist American homeowners to protect and maintain their most important asset – their home. Every year, Americans spend up to 4% of the value of their homes on annual home maintenance and repairs, according to Caldwell Banker. Given an average home value of $170,000, that’s $6,800 per household every year. According to the U.S. Census, there are over 70 million single family homes so the annual spend by American homeowners on maintenance activities is approximately $476 billion. Providing A Recession Resistant Revenue Stream Cleaning and protecting the various outdoor surfaces is an important part of home ownership and part of an estimated $476 billion home maintenance market. Even better for our franchisees, these homeowner maintenance obligations must be done regardless of how strong or weak the economy might be, thereby providing a recession resistant revenue stream. How do I know if I will be a good multi-unit franchisee? To be a multi-unit franchisee you need to be passionate about the Renew Crew business. You will need to know the business from top to bottom being able to “lead by example”. The best multi-unit franchisees know how to manage ten or more employees and hire reliable general managers or staff to oversee the daily, store-level operations. As a multi-unit franchisee you will typically work less in the daily operations of any single location and focus on managing each location at a much higher level. What are the advantages of licensing multiple territories? Having multiple territories allows you to “own” an entire demographic market area and build a strong brand. You will also enjoy some economies of scale because your management expenses and other overhead can be spread across all the territories. Like most things in life, along with the higher risks comes the potential for a much higher reward. Having a larger operation will give you more freedom, your skilled team will be able to oversee daily operations ensuring each units success. Having multiple units will also give your team future growth opportunities which will help you retain and cultivate a strong support and managerial team. How will the Renew Crew assist in my expansion? In addition to discounts and accommodations for entrepreneurs interested in licensing multiple units, our support team and technology tools will provide with the additional support you need to successful manage and oversee your Renew Crew franchise locations. As your team continues to grow, our team will provide you with additional training and support as needed to ensure that each additional Renew Crew unit has a successful launch and continued growth in the years ahead. Our Executive Leadership can help you assess your operations, market and leadership teams to determine the best course of action and timeline for continued growth. Just ask Chris Miller! He began his location in Raleigh, North Carolina with one location and after launching and becoming a Renew Crew expert approached our executive leadership to discuss his next steps for future growth and wealth with Renew Crew. Alex's Points of Interest Home Based Low Investment High Gross Profit Margins Scaleable ( Multi-unit ) Environmentally friendly (Green Concept) High Franchisee Satisfaction (World Class Franchise Designation) Quick Start Up Low overhead Financials Liquidity: $35,000 Minimum Net Worth: $175,000 6 Month Cash: $69,625 Franchise Fee: $24,500 Royalty: $600 per month Advertising: $250 per month