The mobile business industry has grown exponentially in recent years, and it’s not slowing down. Learn the benefits of owning a mobile franchise over other forms of franchising and why it’s a good investment.
Lower Investment Costs
Starting a business can be very expensive, especially a brick-and-mortar franchise. They’ll consider your net worth and liquid capital on top of the sometimes-hefty franchise fee. But mobile franchises can be the perfect opportunity for entrepreneurs who can’t afford a traditional storefront franchise or don’t want to fork over all the money. In addition, mobile franchise opportunities come without the costs of build-out, signage, and construction. Because of all this, franchisees can get up and running more quickly and get to bringing in revenue sooner.
For example, the mobile pest control franchise Mosquito Authority has an initial franchise fee of up to $45,000. Then, the total initial investment ranges from $54,000 to $127,000. To put this in perspective, the majority of franchise opportunities have a total initial investment cost ranging between $100,000 and $300,000.
Minimized Overhead Expenses
Many business owners have concerns about their operating expenses due to the unpredictable economy and rising rental costs. The benefit to on-the-go businesses is that since you’re mobile, there is no need to pay rent for a physical space. And, of course, that means no utilities as well.
On top of no brick-and-mortar store expenses, you have zero to no staff with a mobile-only franchise. Typically, you, as the owner, are operating and performing the services. Sometimes you might have a couple of employees. That means you don’t have the payroll costs or taxes that come with having a team.
Freedom and Flexibility
The majority of people buy a franchise to become their own bosses. Mobile franchises take that one step further by increasing your freedom and flexibility with your schedule. You’re building the schedule and making appointments, so you can decide what hours you want to work.
In your first year, you’ll want to put more time and attention into getting your business running, creating interest in your product or service, and collecting revenue. But as your business becomes more established, if you want to prioritize playing pickleball every Wednesday morning, you can do that.
Meeting Customers Where They’re At
Our society is built on convenience and on-demand services. When we want food delivered, we can use an app on our phones and have it at our front door in 30 minutes. Mobile businesses are capitalizing on this. We’re meeting the customer where they are with as little to no interference as possible. So, your customer can stay productive on whatever they’re working on while you perform the service.
Additionally, our country’s population is aging. Seniors are looking for ways not to get out and drive. Instead, they’re turning to convenient health, repair, and beauty services that come to their door.
When starting a business, you want to make sure there is growth potential. The advantage of mobile-based brands is that you can control the size. If you’re not ready to add another employee or vehicle to the fleet, don’t. Instead, continue servicing the customers that you can. Then, when you’re ready, adding more employees and vehicles to grow your business is easy.
The expansion of your business is also less expensive than a brick-and-mortar store. If you ran a shop and wanted to open a second location, you’d have to buy or lease another building and find a whole other set of staff to run it. The costs are similar to the initial investment without the franchise fee. Whereas with the on-the-go-based business, you’re just adding a vehicle and one or two employees.
Types of Franchises That Can Be Mobile
Whatever your background or interests are, there’s probably a traveling business idea for you.
- Pest Control: This service comes with recurring revenue. Your clients will continuously return to you to help rid their property of pesky bugs. It’s a rapidly growing industry, with researchers predicting it to grow by as much as 5% between 2022 and 2027. Mosquito Authority is witnessing the increase. In 2021, we serviced more than 107,000 customers, and we’re adding more locations quickly.
- Restoration Services: Homeowners will call you after an accident like a basement flooding or a fire. You’ll help restore or adequately dispose of furniture, carpeting, and other damaged items.
- Cleaning: This was one of the very first mobile businesses, as there is no other way to perform the service than to go to the client’s home or office.
- Car Care: This mobile service is rising in popularity. It includes services like oil changes, transmission repairs, and even detailing.
- In-Home Senior Care: Thousands of people turn 65 every day. Many are looking to stay in their homes for as long as possible. So, families are turning to in-home health care to allow their loved ones to age safely at home.
Choose Mosquito Authority
You can start small with a single-unit franchise and grow into a successful multi-unit franchise owner with the help of Mosquito Authority. We offer a proven business model and are committed to the growth of our franchise partners. Our franchisees that have been in business for at least two years earn, on average, $496,851 annually*.
While you’re in business for yourself, you’re never alone with Mosquito Authority. We offer you world-class training, help you manage online branding and marketing, offer you a national call center for customer acquisition, a science department to assure your customers you’re offering them the safest and most effective products, and a personal business coach to guide you through that first year. Contact us to start the path to business ownership.