Have you ever thought about damage repair franchises? If you’re looking for your ideal investment opportunity, you may have overlooked this sector, but it’s one worth considering. Let’s look at whether the successful business Magicman franchises.
Magicman specialises in repairing dents, chips, scratches and other imperfections on hard services such as wood, ceramic, metal and glass. Its team of experts use high-quality restoration, reinstatement and re-surfacing techniques to return items to their former glory.
Does Magicman franchise?
Yes! There’s good news for anyone who wants to start their own damage repair business with support from an experienced team of professionals. Magicman offers savvy investors the chance to set up their own van-based franchise unit and take advantage of the company’s proven strategies.
History of Magicman
Magicman was established in 1993 and now has more than a quarter of a century of experience in the damage repair services industry. It’s a van-based franchise, so technicians take their tools and equipment on the road and travel to their customers.
At a time when sustainability is more important than ever, Magicman is proud to offer customers an alternative to disposing of damaged items. Those who use the franchise can also save up to 80 percent of the money they would spend replacing a product by asking Magicman to repair it instead.
Today, the Magicman franchise has developed a following of both residential and commercial customers. Franchisees have worked with homeowners, as well as hotel brands, builders, kitchen fitters, tradesmen and even cruise lines.
What’s more, Magicman is the only fully-accredited damage repair service in the UK. It can complete jobs quickly and efficiently with the help of state-of-the-art technology to provide maximum convenience for its customers.
Owning a Magicman franchise offers the opportunity to run a specialist, premium service business with tremendous potential.
—Mark Henderson, Magicman Chief Executive
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Starting a Magicman franchise unit
If you join the Magicman franchise brand, you’ll launch your very own van-based business with great earning potential.
As full training and support is provided, you don’t need any industry experience to become a Magicman franchisee. Instead, you’re likely to be granted a contract if you have a desire to succeed and plenty of business acumen. Candidates should also have a hands-on approach and an organised working style. Good communication skills and an enthusiastic attitude are also valuable attributes for investors.
Magicman places a lot of emphasis on delivering fantastic customer service and building relationships with clients, so having people skills is a deal-breaker for the franchisor.
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Becoming a Magicman franchisee:
Once you’ve registered your interest in the Magicman franchise, it’ll send you some extra information about the investment opportunity. If you’re happy to continue with the application process once you’ve read up on the franchise, you can fill out an application form.
After the Magicman franchise team has reviewed your application, they’ll invite you to a Discovery Day at the business’s Brighton office, where you’ll be able to find out more about the company. If you’re happy to proceed, you can request a draft franchise agreement and an information pack before making your final decision.
Then, all you need to do is run through the franchise agreement with a solicitor and finalise your funding arrangements with your bank.
How much you need to invest:
To start a Magicman franchise unit, you’ll need to make a minimum investment of £19,500, but the cost could be as much as £24,500 plus VAT.
On top of your investment, you must be prepared to buy your own van or arrange a contract hire or finance lease on a vehicle. You will also need working capital to cover at least four months of living expenses.
Depending on your individual circumstances, you may be able to borrow up to 60 percent of your total investment from an official lender such as Lloyds Bank. Usually, franchisors are happy to help prospective investors prepare a business plan and organise any financing paperwork.
Once your Magicman franchise business is up and running, you can expect to generate a turnover of over £80,000 per year.
Lloyds Bank has been kind enough to offer financing on a varying scale to any potential franchisee who presents them with a viable business plan.
— Mark Henderson, Magicman Chief Executive
What you get for your investment:
The investment package includes a five-year agreement with a specified geographic territory, as well as tools and training on how to establish your van-based franchise business.
The coaching programme covers everything you need to know about surface repair and restoration techniques and any health and safety procedures. You’ll also learn about pricing jobs to maximise conversion, using Magicman’s bespoke business management system and ordering materials.
You can also expect to be given plenty of support after the training programme ends. You’ll get help from the customer service centre and regular guidance from the franchise’s support team.
Plus, Magicman can help investors launch an initial marketing campaign to get their businesses off to a great start and support ongoing business growth. Franchisees even benefit from the franchise’s social media support and access to jobs from Magicman National Account customers, such as hotel chains, retailers and leisure clubs.
Launch your own repair franchise
If Magicman’s franchise package sounds like the ideal investment option for you, head to the business’s profile page here at Point Franchise to learn more about the opportunity.
But if the requirements, benefits or financial obligations don’t quite fit your criteria, there’s no need to worry. We have a wide selection of franchise opportunities in the repair and restoration sector. Why not take a look at the franchises operating in the furniture repair industry? Alternatively, you may want to investigate car repair franchises.
You can find your perfect franchise investment package by browsing opportunities by region, industry or investment cost through the main menu.
Alice Tuffery, Point Franchise ©