Episode Transcript
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Speaker 1 (00:00):
Hi everyone, welcome
back to the Inside Scoop podcast
.
I'm Jack Johnson, here with youon Monday, december 9th 2024.
Sorry, I've been kind of MIArecently.
We have been traveling likecrazy this holiday season.
We were out of the country fora good part of a week and then
we were in Disney World lastweek and then seeing family over
(00:20):
the weekend.
You want to know what me, as abusiness owner, my favorite
thing about being a businessowner is.
Friday we went to to Virginiato go see my mom for the last
second thing.
We can do it.
There's no calling in sick,there's no asking a boss for
permission.
Me and Jill we make that call.
Right, son's got good grades,so he was at think about this
(00:42):
week after Thanksgiving.
He's at Disney, he's got goodgrades and we can make the call.
Let's go, let's spend, let'sspend a week and we can.
We can run our business fromwherever we are.
I mean, I was running payrollon Saturday morning at a hotel
in Virginia beach looking at thebeautiful we had this room.
It was at a beautiful view ofthe ocean.
It was like 30 degrees, it wasfreezing.
But here I am running payrollfor my franchise and I don't
(01:05):
know.
It's just, it's so cool to beable to run businesses from
anywhere.
I'm not telling you that it'seasy.
Street Running a business ishard.
You're going to think a lotabout it constantly.
You're going to have to makedecisions.
You're going to have to investmore money than you thought you
would.
That's normal.
That's what you got to do.
You've got to grow the business.
You have to do whatever ittakes and you have to choose
your heart.
Working for someone else is hard.
Owning and running a businessis hard.
(01:27):
I like the version of hardwhere I can take my son to
school every day, I can make hisbreakfast and spend time with
him, I can pick him up and wecan go to dinner at six o'clock.
I'm not going to be stuck onthe road.
You know traveling for someoneelse.
I get to make those calls.
I get to run my company fromhome.
That's what I love aboutbusiness ownership.
Do I still have those momentsin the middle of the night where
(01:47):
I'm thinking about my business,where I'm worried about hiring
A hundred percent?
I mean, as a franchise owner,I'm always hiring.
Now the franchise I own Pink'sWindows.
I've got a great team in place,great GM in place, but I'm
constantly thinking about thebusiness, constantly monitoring
cash flow.
But I'm constantly thinkingabout the business, constantly
monitoring cashflow.
But I'm happy to say we've hadthe top performing franchise
over the past two months.
(02:07):
So when you work with afranchise consultant, when you
work with me, you're going towork with someone that knows how
to win.
We've had a top performingfranchise consulting firm for
years and years and years.
Very few franchise consultantscan do high volume business.
We can because we know how tohelp people and we know how to
coach people to perform at ahigh level.
And here we are, eight monthsinto our pinks windows franchise
(02:28):
and I've been told we've beenthe leading franchisee in terms
of revenue over the past twomonths.
So if you want my secrets onhaving a high performing
franchise, text me at305-710-0050.
I will give you the scoop thatyou need.
And sometimes that scoop mightbe hey, business ownership isn't
for you.
But that's what I'm here to doTeach people about business
(02:49):
ownership, how to do it right,lessons I've learned from other
high performers and lessons I'velearned from people that have
not succeeded.
We've seen it all and I'd loveto help you explore it.
So let's get back to what theFranchise Insiders Inside Scoop
podcast is all about, which is afranchise market watch, and
(03:10):
here's what's been happening.
Amada Senior Care sold lastweek.
American Business Systems soldlast week.
So Amada Senior Care, theseSenior Care franchises, I've
told you they're fabulous.
We talked about Homewell SeniorCare.
Incidentally, they sold twolocations or two new franchises.
Homewell's awesome and they'vegot that option where you can
start with five grand and, bythe way, I didn't talk about it
last week, we can save you twoto 10 K on Homewell.
But you got to text us to findout.
(03:30):
As far as Amada goes, amada isanother great home care company
Amada is.
What I like about them is theyhave this
step-by-step-by-step-by-stepprogram for new franchisees.
Like it is so detailed and theyare really geared more towards
someone that is a verysuccessful, sales-minded
individual.
Amada Home Care has got a killeritem 19.
(03:53):
And what is an item 19?
Well, an item 19 shows yourevenue information for
franchises.
It shows you what otherfranchise locations or pilot
corporate locations are doing,so you can start to get an idea
of what the financialopportunity is.
All of you should keep in mindthat as I talk about these
franchises, I am not offeringthem for sale.
(04:13):
If you live in a franchiseregistration state, you
definitely, definitely will wantto check with me, 305-710-0050,
to see if these franchises areavailable for you, because they
may not be so definitely.
Again, just know that as wetalk about this, this is purely
for information for you guys, toget a sense of what these
franchises are and what they cando.
(04:35):
They were established in 2007.
Their first unit franchised in2012, and they have over 160
locations, with one corporatelocation, which I believe is in
San Clemente.
Their initial investment is$115,000 to $270,000.
You know my rule we go highside.
If they say it's $270,000,that's what you need to plan to
(04:56):
spend.
Their franchise fee is $55,000.
Royalties are a five to sixscaling royalty.
So, again, $270,000, you'regoing to put your K down on your
Amada Care franchise and thenyou're going to want to have
another let's call it $210,000,$220,000 in the bank to build
your franchise.
That's what you've got to do.
But the opportunity in seniorcare is unlike any other that's
(05:18):
out there.
It truly is in my mind and youguys, if you listen to me, I'm
like a broken record.
But man, senior Care, they'regreat franchises.
Amadacare is a very goodfranchise, excellent franchise.
Text me at 305-710-0050.
Let's see if it makes sense foryou to talk to AmadaCare or
HomeWell Senior Care.
(05:38):
I'd love to discuss just theentire industry with you, if
you'd like, and see if it mightbe right for you Next up on the
list.
Okay, for those of you out therewho may not have the $270,000
available to invest in afranchise, I've got a business
for you that is also in thehealthcare space.
It's called American BusinessSystems.
American Business Systems is ahome-based medical billing
business opportunity thatincludes all the software to
(06:01):
provide billing and many otherservices to doctors.
Also included are over 2,000marketing pieces, a semi-custom
website for you to have, liveonline training and unlimited
lifetime support.
Also, american Business Systemsis the only opportunity in the
market that offers anunconditional 100% money-back
guarantee within 30 days of yourinvestment.
(06:21):
That's pretty cool, okay.
Why should you consider theirindustry?
Well, healthcare is an industrythat is recession resistant.
As I just mentioned, I'm atotal broken record when it
comes to home care, medical care.
This is recession resistant.
That's absolutely.
That is something you canpretty much take to the bank.
There's always a need forhealthcare.
Government regulations havecaused a huge demand for their
(06:42):
services and doctors getfinancial government assistance
for adopting American businesssystems systems.
Why American business systems?
100% money back guaranteewithin 30 days of investment,
very flexible and scalablebusiness model.
They're looking for someonethat has a strong desire to grow
, a business ability to followtheir step-by-step marketing
(07:02):
plan and basic computer skillsetand networking skills.
They have.
They have 450 franchisescurrently operating and they're
available in all us States.
Total investment 30 grand workfrom home that same freedom I
have running my business fromDisney world happens.
Total investment 30 grand workfrom home.
That same freedom I haverunning my business from Disney
World happens.
Sounds silly, but you can do it.
This is the type of businesswhere you can do that.
Okay, you can save two to$10,000, as always with the
(07:23):
Franchise Insiders, but you haveto text me to find out what
that is.
On American Business Systems305-710-0050.
American Cruise Plannersplanners.
We don't do a rebate on that.
That's a much lower investmentsort of travel agency franchise
where the investment is $11,000on the franchise fee and then it
is a total investment of$24,000.
(07:46):
Cruise planners and Americanexpress travel representative is
the nation's largest home-basedtravel franchise company with
over 200, 2,800, excuse mefranchise locations in all 50
states.
They have been named the numberone home-based travel franchise
by entrepreneur every yearsince 2002.
Their unmatched training,marketing technology and
personalized coaching allow youto work from anywhere, be your
(08:09):
own boss and travel the world.
Same perks I have running thebusiness from the Bahamas,
running the business from Disneyworld, running the business
from Hawaii.
You can do that with a businesslike this and, again, total
investment of about 24 grand.
So for those of you out thereyou want to get started.
You don't have a lot of capitalto invest.
I've been there.
Jill and I were coming out witha ebook, by the way, for you
(08:29):
guys, and I'll let you know whenit's available on our website.
We sold our house to getstarted as business owners.
So, looking for a low investmentbusiness, cruise planners, your
cruise and vacation experts Imean, I don't want to say
travel's recession resistant,but you know it's something most
of us do every single year and,living down here in South
(08:50):
Florida, people go on thesecruises like crazy.
So we can't do the rebate onthis one, but we can connect you
to cruise planners and ifyou're looking to start a
business, you got less than 30 K.
Boom.
We could connect you to cruiseplanners, we could connect you
to American business systems.
And there we go.
We got two businesses we'relooking at.
Remember Homewell, senior care.
You can start with a $5,000training fee.
(09:11):
Lime painting Holy smokes.
Looks like four differentpeople invested in lime painting
.
I might love painting as muchas I love senior care.
I love painting because it's asubcontractor model, meaning
that the franchisor will helpyou to find painting companies
in your territory and you are asales machine.
You're out there, going outgetting the business, closing
(09:32):
the business and then connectingthe painting company to your
client.
Now Lime Painting has an insaneaverage ticket.
They say five times theindustry average.
You want to find out what it is?
Text me at 305-710-0050.
(09:52):
Lime Painting has a really coollooking brand, very clean,
stands out.
Their franchise fee is sixtythousand dollars.
Their royalties are slidingseven to four percent scale,
meaning the more, the more yourfranchise grosses, the less your
royalty.
So it's incentive to grow a bigbusiness.
Total investment two hundredtwenty seven thousand.
We can save you two to tenthousand dollars on lime
painting.
Text me to find out what it is.
They want you to have a networth of a k.
(10:14):
They are sba approved.
They were founded in 2013 andbe franchising in 2018.
They have 95 franchisesoperating in two corporate
locations.
So what is line painting?
Well, line painting is a luxurypainting, surface restoration
and home service franchise thatserves residential and
commercial properties.
They are a values-based,high-end painting and
(10:35):
contracting service providerthat aims to set the standard
high in client relations byconsistently delivering
exceptional services and aflawless customer experience.
As they grow nationwide, theirfranchise owners are drawn to
their vibrant culture,comprehensive business model,
affordability and potential forsubstantial returns.
Their average job ticket isinsane.
(10:55):
There's no way that's real.
You got to text me to hear whatthis is.
Three zero, five zero.
Their item 19 is really goodtoo, on par with average senior
care.
Significantly higher averagejob than the industry average.
Yeah, I mean it's like fivetimes Enabling their owners to
undertake 75% fewer projectsthan standard painting
(11:15):
businesses.
This, along with the five timesso yeah, it is a five times the
average ticket size, recurringbusiness and a minimal employee
model simplifies and scales theoperation of a lime painting
franchise.
The painting franchise marketmay be crowded, but lime
painting stands out.
They exclusively target theupper 30% of the market.
I can help you with that.
By the way, we have greatmapping software in-house at
(11:36):
Franchise Insiders so we canlook and we can really make sure
, if you work with us, that whenyou are looking at a territory
with them, that it does match upwith what they're looking for.
I know exactly what they'relooking for here.
So they focus on high-end homesand businesses.
High-end properties oftenrequire more than just painting,
so they provide over 40 otherunique services educating their
clients on enhancing theirinvestment value, and their
(11:59):
approach to luxury is defined bydetailed preparation process.
Okay, you get the idea.
What are the other residentialand commercial services offered?
Do they say that?
No, they don't really have itlisted, but I'm going to take a
guess that at least one of themis power washing, and if that's
the case, I so my company, myfranchise that we own is called
pinks and we do a ton ofpressure washing.
(12:19):
Great jobs, big jobs.
I'm guessing that's one of them.
So text me at three zero, five,seven, one, zero, zero, zero,
five, zero.
Again, you can run your businessfrom home like me.
Come enjoy this home-basedfranchisee lifestyle.
I'm telling you guys, you knowit wasn't 20 years ago when I
thought about where I would be.
It's not.
I didn't think, you know.
Hey, jack, you're gonna berunning a couple of businesses
(12:40):
from home it's.
It's really cool because if youwant more time with family, if
you want less time, kind of andfor some of you that may not be
it Some people have said to me Iwant an office, I'm going to go
to an office.
Well, that's a totallydifferent thing, and we work
with over 500 franchises and wecan help you do that too.
That line painting and strongfencing Is it fencing?
(13:02):
All right, you guys fencing?
This is something again.
A few years ago, I didn't knowmuch about fencing, these
fencing franchises.
We have a client that he becamea fencing franchise owner this
summer.
What did he?
He got a top rail fencingfranchise, which is a great
(13:25):
franchise.
Stan Strong's great too, and,man, he's off to a great start.
Now, remember much of this justbecause you buy a franchise and
you own a franchise doesn't justguarantee okay, I got a good
franchise and now I'm going tothrive.
No, you need to be.
You're the one.
You, the franchise owner, arethe one that make it, makes it
unique.
But these fencing franchisesthere's something to it.
(13:45):
The numbers are good.
Stan Strong Fencing is acompany that specializes in
building high quality fences forresidential and commercial
properties.
At Stan Strong Fencing, theytake pride in their work and are
dedicated to providingtop-notch service.
I mean again, yeah, okay.
So why Stan Strong Fencing Lowcost startup?
Let's see $5,900 franchise feeroyalty scale from 8% to 6%
(14:08):
based upon your revenue, cool,okay.
So the more money you make, thelower the royalty goes.
Total investment $299,785.
Is it low investment comparedto McDonald's?
Yeah.
Is it low investment comparedto a painting franchise or a
home care franchise?
No.
So I kind of put this in themiddle $300,000.
So again, kind of put this inthe middle 300K.
(14:28):
So again, you put down your 60Kfranchise fee.
Better, have another 220, 230.
They want you to have a networth of $400,000.
They are SBA approved.
If you want to talk to one ofour friends at a franchise
financing company to help youwith an SBA loan or even just
tell you what kind of loan youmight be able to qualify for, we
can absolutely do that.
These fencing franchises whenit comes to home services, it's
(14:51):
something to look at.
We can save you two to 10 K,but you got to text us at 3 0, 5
, 7, 1 0, 0, 0, 5 0 to find outand guess what?
Home-based revolution continues.
Stan strong is home-based.
All right, what else do I havethis week?
Paymore We've talked aboutPaymore before.
There was a franchisee who hadanother brand.
(15:12):
I want to say it's a crumblefranchisee.
I could have that wrong, thoughDon't quote me on that that
bought 35 Paymores.
Paymore for a retail franchisethey say total investment's
$257,000 with a franchise fee of$35,000.
Now that is low investment fora retail franchise.
Paymore is a fast-growing localbrick and mortar.
It's weird local, I guess.
(15:33):
If you own the franchise andyou're local to someone, they
are a brick and mortarelectronics franchise
opportunity in a unique industrythat combines e-commerce with
electronic sales and trade-in.
So again, you want to go buy aused iPhone things like that
this is where you're going to go.
You want to go sell it?
This is where you go.
They say so.
It's electronic sales andtrade-in.
One of the hottest markets inthe world.
(15:53):
Electronic sales fromsmartphones to gaming systems
and computers or tech gadgetsprovides high customer retention
rates, growing margins and lowoverhead.
I mean, based upon the waypeople are investing and pay
more, this is one you definitelywant to look at if it's
available in your market.
This is what they say is a newfranchisee category Zero to
little competition because ofthe electronics and the gaming
(16:14):
and all that they have involved.
Immense market.
Everyone owns electronics,that's true.
Constant demand, proprietarytechnology.
They're looking for driven andtech-savvy entrepreneurs Passion
, business acumen.
You know what I really like.
The um, the people behind thisfranchise, they're good people.
So pay more was founded in 2011.
(16:35):
They started franchising in2020, 46 franchises currently
operating in one corporatelocation, not home-based.
Okay, yeah, pay more.
This is you know what.
We can save you two to 10 grandon this franchise, but you got
to text 305-710-0050.
Up Closets sold.
Again.
It feels like every week I'mtalking about Up Closets.
There's something to it and, bythe way, again it's another low
(16:59):
investment 110,000 totalinvestment on Up Closets.
We can save you two to $10,000,but you got to text us.
They have 36 franchisesoperating.
They are looking forfranchisees everywhere except
for no California, no Illinois,no Minnesota, no New York, no
(17:21):
Virginia.
So those are registrationstates, folks.
That means that if you're inthat state, those states have
different sort of regulationswhen it comes to registering
franchises and sometimes ittakes a little while longer to
get the franchise registered.
So that's why.
So UpClosets is a closet designfranchise.
No need to really explain muchof what that you guys get what
the concept is.
They say these are greatbusinesses for young couples.
I mean again 110 totalinvestment that's on the high
side.
40k franchise fee UpClosetsthat's another one worth looking
(17:44):
at.
Okay.
So franchise market here we go.
We're getting to the finalstretch of the year.
Exciting things are happening,but also it's time to start
thinking about next year.
So here's a couple of thingsthat I have for you guys.
I will do my best to be backwith you with another Inside
Scoop by the end of the week,but on our other podcasts, where
Jill and I talk about ourexperiences as franchise owners
(18:05):
called we Bought a Franchise, weare going to have Hello Sugar
on our franchise.
We're also going to have RICOR,which does insurance for
franchises.
I use RICOR.
They help source all myinsurance.
So we've got some really killerepisodes coming up on we Bought
a Franchise and Jill and I willbe talking about our
experiences the ups and downs,managing businesses from afar,
(18:27):
hiring challenges, all the stuff.
And if you haven't listened towe Bought a Franchise, go check
it out right now.
We Bought a Franchise.
You want to hear about ourjourney as franchise owners from
the very beginning when webought our Pinks Windows
Services franchise.
Check it out.
Today we Bought a Franchise.
Okay, today, that's all I gotfor you.
I'm Jack Johnson, with yourinside.