People often ask us what the benefits of owning a franchise are. They want to know if it’s worth all the hassle and if it’s possible to make money doing it. (Spoiler alert: It is, and yes.) If you’re considering becoming an entrepreneur and starting a business, owning a franchise is a great way. At a high level, the main reasons you may want to think about owning a franchise are:
- Having an established business supporting you
- Gaining quick brand recognition without having to fight for market share
- Greater chance for success because of a proven business model
- Ongoing training and support
- Fast ramp-up times to begin generating profits
Throughout this post, we’ll discuss more specifics about why you should consider opening up a Ferguson Moving & Storage franchise. What we bring to the table is above and beyond what’s available from our competition. Read on to learn more!
We’re Established in the Industry
Compared to many of our competitors, we’re extremely experienced in the moving and storage industry. We’ve been helping people move and store their belongings since 1916, so you can rest assured that we know what we’re doing. There isn’t a situation or scenario we haven’t faced in our 100+ years of industry experience, so as a franchisee under our brand, we’ll always be able to help you navigate the various business challenges you’ll inevitably face. People respect our name, employees, and franchisees, so you can be confident that you’re franchising with a well-respected company in the industry.
We Offer Ongoing Training and Support to Our Franchisees
In addition to our extensive experience, we’re very supportive of our franchisees. We understand that starting and running your own business is not easy, so we offer industry-leading mentorship support and training for all of our franchisees. No matter your obstacles, you can always count on us to be there for you, offering advice and guidance whenever you need it.
Your Ferguson training doesn’t just stop at the end of your initial franchisee boot camp; that’s just the beginning of your journey with us. We ensure all of our franchise owners are regularly in touch with Ferguson management to go over any concerns, issues, or changes in the industry so you’re always up-to-date and able to make the best decisions for your business. Our business mentorship program is unmatched in the industry, something we’re very proud of.
We Have a Proven Business Model with a Strong Track Record
Of course, one of the most important things to consider when looking into franchising is whether or not the business model is actually proven to be successful. With Ferguson Moving & Storage, you should feel confident that you’re investing in a business with a phenomenal track record.
Moreover, our franchised businesses have consistently ranked among the top performers in their respective territories. Speaking of which…
Franchisees Get Protected Territories
We want all franchised businesses to succeed under the Ferguson brand, which is why we offer protected territories to all franchisees. This means you won’t have to worry about competing with other Ferguson franchised businesses in your area, giving you a much better chance at success from the get-go. Our franchisees work with us throughout the due diligence process to determine the proper territory for their franchise. We do the necessary research to ensure your franchised business will be profitable and successful.
There Are Different Franchise Options
Every Ferguson Moving & Storage franchise owner has different preferences, which is why we offer two levels of our franchise program to those interested in joining our family. You can become either a:
Single Unit Owner/Operator
This is an excellent option for those interested in being much more involved in the day-to-day moving aspects of the business. People who like to be their own boss, manage their own schedule, and fully control their franchised business often prefer this option.
Multi-Unit Franchise Owner
This is a more high-level franchising option perfect for those who want to grow their moving empire. As a Multi-Unit Owner/Operator, you’ll oversee larger protected territories while delegating the day-to-day tasks to your team members. Multi-unit franchise owners are most successful when they invest in additional trucks, hire more employees, and continue to scale over time.
Multiple Revenue Streams Provide Financial Security
We’re not a one-dimensional moving and storage business. In addition to our moving services, we also offer a wide range of other revenue streams that provide franchised businesses with financial security and stability. These additional revenue streams include:
- Packing & Unpacking Services
- Office Moves
- Local and Long Distance Moves
- Purchasing of Moving Materials like boxes and tape
- Storage
- and more
By offering these additional services, you’ll be able to attract more customers and grow your business even further.
Franchise Startup Costs are Very Affordable
Compared to many other businesses out there who offer franchise programs, ours is very affordable when it comes to startup costs. There’s still a significant investment required to become a Ferguson franchise owner, but it will not break the bank in the same way several other programs might.
The amount of capital required to become a franchisee with us varies depending on the model you choose, but for most of our franchisees, the startup fees range from $90K to $150K, excluding working capital. This is to secure everything necessary to get your franchised business up and running, including the franchise fee, initial inventory, equipment, uniforms, grand opening resources, and more.
We’re Looking for the Right Franchisees
Now that you know a little more about franchising with Ferguson Moving & Storage, it’s time to see if you have what it takes to join our family. We’re looking for those who are:
- Hard-working
- Dedicated
- Motivated
- Passionate
If you think you have what it takes, fill out our franchising application today! We can’t wait to hear from you and help you start your moving and storage franchised business journey.