Franchising ROI
“How much could I earn with a commercial landscaping franchise?” It’s impossible to say for sure how any new business venture will fare. With so many variables at play (such as the size and location of your business) any franchisor who promises certain success wouldn’t be honest. However, looking at typical performance and speaking with actual franchisees and listening to their first-hand experiences can provide you with the information you need to make an educated guess about return on investment (ROI). Here, we’ll take a look at a few indicators that could answer the question: “How much money can I make with U.S. Lawns?”
A Sneak Peek at Our Item 19
If you’re unfamiliar with franchising, you might be wondering what an Item 19 is. Every franchisor is required to produce a franchise disclosure document (FDD) that includes information on the cost of the investment, franchisor support, and so forth. One part of the FDD, Item 19, is optional. In that section, franchisors report on the performance of their franchisees. Because U.S. Lawns values transparency, we’re proud to include a detailed Item 19 in our FDD. Reviewing it is a great way to better understand “How much could I earn with a commercial landscaping franchise?”
One key figure from our 2020 Item 19 is a table that breaks down the average gross sales of our franchisees. Business that were open for at least five years reported average gross sales of $962,599 with a net profit margin of 16.7%. This information is based on actual unaudited data submitted by 146 franchised territories that were open for at least 60 months at the end of the 2019 fiscal reporting period. Average gross sales is defined by the total combined gross sales of the 146 territories divided by 146. Of course, your sales could be higher or lower depending on your unique circumstances.
Conversion Franchisee Results
Conversion franchisees are in a unique position because they’re looking to increase their earnings. A great way to learn about what’s reasonable to expect is to contact some of these franchisees and hear about their growth from them directly. When you contact U.S. Lawns for more information, we’ll be happy to put you in touch with some conversion franchisees.
One of our conversion franchisees, Tom Curdes from Toledo, Ohio, reported seeing an 85% growth over his previous earnings within one year of converting to a U.S. Lawns franchise. Now that’s an ROI that we’re all proud of!
What Can I Do to Maximize My ROI?
While we can’t promise anything with respect to the success or failure of your U.S. Lawns franchise, we can suggest certain measures that will increase the likelihood of maximizing your ROI. They Include:
- Making the most of your training experience. U.S. Lawns provides you with comprehensive training at our headquarters in Orlando. There, you’ll learn the ins and outs of how to most effectively leverage our business model. Work hard and learn all you can so you can return to your location with an arsenal of strategies ready to go.
- Utilizing our expertise. U.S. Lawns franchisees are part of a vast network that includes business coaches, industry experts, and other franchisees. Make good use of the network to help you answer questions and come up with ideas. With their help, you can generate and implement lots of strategies to keep your business running smoothly and efficiently.
- Taking advantage of the resources you’re given. U.S. Lawns provides all franchisees with a number of resources that are designed to save them time and money. Ensure that you’re making full use of these resources and that you’re spending your time wisely.
It’s true that no one can predict the future, but if you’re wondering“How much money can I make with U.S. Lawns?” we want to help you develop a reasonable and educated estimate. We hope that the information here has been helpful, but there is plenty more we can provide you with.
