Industrial Franchises
When it comes to franchising, there are opportunities in many different industries. Quick-service restaurants are the largest industry in the world of franchising, but owning and managing a restaurant is not for everyone. A lesser-known, ready-to-be-tapped franchise sector is in industrial services. These franchises do the work to make the rest of the world turn. From textile production to heating and cooling, and from outdoor commercial services to epoxy coatings, the industrial franchise sector is open for a variety of business opportunities. These franchises providing essential services may be more likely to withstand economic downturns.
Growing Market
According to a report by the International Franchise Association (IFA), the overall number of franchise establishments in the U.S. had an expected increase of nearly 15,000 units in 2023 That would be a growth of 1.9% to 805,000 units in the U.S. The same report showed franchises adding about 254,000 jobs in one year. Industrial franchise opportunities are likely a big part of this overall franchise growth. The IFA reports service-based industries, along with quick-service restaurants, will likely see the highest growth in the coming years.
Money to be Made
Being in a franchise alone can be a lucrative business opportunity. According to FranNet, franchises have higher annual sales revenue than non-franchise businesses. They estimate franchises contribute to about 3% of the U.S.’s gross domestic product (GDP) with an economic output of $760 billion.
Industrial franchise opportunities span various segments, each offering unique business prospects. Because of this, the money you might be able to make as an entrepreneur can vary depending on the sector you choose. Here are just a few options:
- Chem-Dry: A carpet cleaning franchise.
- Pirtek: A franchise providing hydraulic and industrial hose replacement.
- S. Lawns: A franchise providing outdoor commercial services.
- Mac Tools: A manufacturer of professional tools.
- Archadeck Outdoor Living: A franchise focused on outdoor living space design and construction.
There are many more industrial franchise opportunities, each with their own earning potential. Look at the Franchise Disclosure Document (FDD) of each to get a better understanding of costs, fees, and potential earnings.
Industrial Franchise Opportunities
With a wide array of services ranging from outdoor commercial services and epoxy coatings to heating and cooling, and even textile production, industrial franchises are an integral part of the economy. You can get in on this growing market even if you don’t have experience in industrial services. The eagerness to learn and grow as a franchise owner is the most important aspect of your resume. Your franchise fee covers training and ongoing support, a proven business model, and a full team behind you.
Industrial Franchises
When it comes to franchising, there are opportunities in many different industries. Quick-service restaurants are the largest industry in the world of franchising, but owning and managing a restaurant is not for everyone. A lesser-known, ready-to-be-tapped franchise sector is in industrial services. These franchises do the work to make the rest of the world turn. From textile production to heating and cooling, and from outdoor commercial services to epoxy coatings, the industrial franchise sector is open for a variety of business opportunities. These franchises providing essential services may be more likely to withstand economic downturns.
Growing Market
According to a report by the International Franchise Association (IFA), the overall number of franchise establishments in the U.S. had an expected increase of nearly 15,000 units in 2023 That would be a growth of 1.9% to 805,000 units in the U.S. The same report showed franchises adding about 254,000 jobs in one year. Industrial franchise opportunities are likely a big part of this overall franchise growth. The IFA reports service-based industries, along with quick-service restaurants, will likely see the highest growth in the coming years.
Money to be Made
Being in a franchise alone can be a lucrative business opportunity. According to FranNet, franchises have higher annual sales revenue than non-franchise businesses. They estimate franchises contribute to about 3% of the U.S.’s gross domestic product (GDP) with an economic output of $760 billion.
Industrial franchise opportunities span various segments, each offering unique business prospects. Because of this, the money you might be able to make as an entrepreneur can vary depending on the sector you choose. Here are just a few options:
- Chem-Dry: A carpet cleaning franchise.
- Pirtek: A franchise providing hydraulic and industrial hose replacement.
- S. Lawns: A franchise providing outdoor commercial services.
- Mac Tools: A manufacturer of professional tools.
- Archadeck Outdoor Living: A franchise focused on outdoor living space design and construction.
There are many more industrial franchise opportunities, each with their own earning potential. Look at the Franchise Disclosure Document (FDD) of each to get a better understanding of costs, fees, and potential earnings.
Industrial Franchise Opportunities
With a wide array of services ranging from outdoor commercial services and epoxy coatings to heating and cooling, and even textile production, industrial franchises are an integral part of the economy. You can get in on this growing market even if you don’t have experience in industrial services. The eagerness to learn and grow as a franchise owner is the most important aspect of your resume. Your franchise fee covers training and ongoing support, a proven business model, and a full team behind you.
