Looking to build a profitable home improvement business? Franchising could be just the solution you are looking for. If there is one sector that benefitted from the decline of the housing market, it was home improvement. The UK home improvement market was valued at around £7.2bn in 2015 – representing a 4% increase from the previous year.
With people unable or unwilling to move home as a result of rising house prices and lack of trust in the housing market generally, many turned to improving what they already had through home improvement or construction projects. As a result, the home improvement and construction sector is booming, with many of the biggest household names now looking to branch out into new locations.
Big businesses such as Mac Tools, The Kitchen Depot, EnviroVent and RAFT Furniture are looking to meet their customers' needs in towns and cities all across the UK. People don’t want to travel for homeware and housing supplies, so local franchises are the perfect blend of accessibility and a trusted brand.
The capacity for growth and the variety of opportunity in this sector is plentiful. From homeware supplies to landscape gardening to trade and construction, you can be sure to build a business that attracts a regular flow of local customers.
Owning a local franchise business has not only the benefit of a captured market of local customers, but it can also help to keep costs down too. Lower rental rates, travelling expenses and lower wage rates than in big cities means that you can run your big name business to generate maximum profits.
If you are looking to start your home improvement and construction business, contact us today. We can explain your options clearly and concisely, and help you find the perfect vehicle for your exciting new venture.
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