When you think of franchising, you typically think of big chain restaurants, fitness studios and even convenience stores. Moving companies are probably the last thing that come to mind, although they possess many qualities that would make for a profitable franchise.
Moving companies are resistant to a pandemic
COVID-19 put many businesses through the wringer – some failed and some flourished. Moving companies fall into the latter due to their scalability. Having a tight team with lesser infrastructure allows moving companies to adapt to market demands. In fact, the pandemic has actually been good for the moving companies- a study found that 22% of adults in the United States relocated due to COVID-19, or know someone who did.
On the other hand, other industries are still struggling to stay afloat during the pandemic, such as the F&B industry. Many restaurants shut down due to their reliance on large crowds and the high cost of infrastructure such as rent and electrical bills. Although restaurants are proven to be successful franchises, the post-pandemic fate of the F&B industry, while looking positive, is still uncertain.
Moving companies provide an essential service
Moving companies are an often overlooked essential service. Be it for work, family or simply for the heck of it, almost 10% of Americans move every year.
With so many people moving each year, well-run moving companies have an estimated annual market value of $86 billion.
Uprooting your life is never easy, which is why people are willing to pay more for a stress-free move. A good moving company is reliable with a successful track record and good reviews. Franchising a moving company allows you to provide a valuable and important service.
Moving companies make an impact on the community
If the move is caused by unfortunate circumstances, such as a divorce or the death of a loved one, it can cause a great deal of stress. It might even be traumatic. Even in the best of times, moving is found to be the most stressful life event by six out of ten people.
Moving companies have the opportunity to make a positive impact on people in their most pivotal moments. Providing a smooth move with no hiccups can ease the stress of moving for your clients. It might seem like just a day’s work to you, but a good move can touch the hearts of many in the most unexpected ways.
You can skip the start-up stage
Starting any company is always a logistical puzzle, but taking care of the logistics of a logistics company is a whole new ball game. Franchising can save you sleepless nights, money, and, most importantly, time.
As a franchisee of a moving company, you have the roadmap to higher returns on your investment. Daily standard operating procedures, marketing plans, and juicy insider industry knowledge are within reach, without the steep costs and trial-and-error process of starting ground up. Instead of focusing on the tedious nitty-gritty, you can put the time into growing more valuable aspects of your business.
Moving companies are flexible in operations
You can operate your moving company as a mover and owner. Get down and dirty yourself and be part of the moving team. This option is great if you’re looking for a change of pace and lifestyle – you get the opportunity to travel cross-country while getting paid. You could also operate the company as a manager and supervisor, where you oversee the logistics and ensure that everything is running smoothly.
An ideal franchisor should have a good track record for their brand and business operations, a committed team, and a vision beyond profits. Sterling Interstate checks all the boxes. With over five years of industry experience, stellar reviews on Google and Yelp, and direct support from the company owner. Sterling Interstate has the best interests of our franchisees at heart. Contact us for more information today!