Are you interested to know what the process of becoming a U.S. Lawns franchisee looks like? Curious about what the future holds beyond opening your doors? We can’t predict the future, but we can provide you with a few reasonable ideas based on 30+ years in the business.
The Early Days of Your Franchise
There’s no hiding from the fact that starting a small business takes a lot of dedication and hard work and a U.S. Lawns franchise is no different. During the start-up period, our successful franchisees roll up their sleeves and put in long hours to launch and grow their businesses. Once their business is up and running, it’s easy for them to delegate tasks and get a good routine started.
Three to Five Years In
Typically, by three to five years, franchisees have built their business to a new level of sustainability where they have enough revenue to add in a new layer of management infrastructure and remove themselves from the day-to-day operation of the business. That is not to say they are no longer involved — most remain very involved, but it becomes more of a “work at will” situation where the business will run without their direct oversight and they can focus on things like growth and strengthening customer relationships. This is great news for franchisees who are looking for a business that they can hand off to children, family members, or business partners once it’s going strong.
Five Years and Beyond
According to our 2020 Item 19 data, the average franchise that has been open at least five years produced annual sales of $962,599 with a 16.7% net profit margin after accounting for owner salaries and benefits. Of course, this number could be higher or lower depending on the unique circumstances of each franchisee. At this stage, many franchisees find the lifestyle and financial flexibility that allow them to spend more time with family and enjoy the fruits of their labor.
This is just a quick breakdown of the long-term vision we have in mind for all our franchisees. While it’s impossible to predict the future, we’ll provide you with guidance, support, and actionable steps to help you achieve each of these milestones.