Are you looking for best franchise business at Nagpur? With the ever-growing demand for quality services, there has been a rise in the number of Handyman franchise business in India. If you are planning to start a Facility management franchise business in Nagpur, then Service On Wheel" is a great option. There are many benefits of starting a Service On Wheel franchise business at Nagpur. The city has a high population density and is well-connected to other parts of the country. Additionally, the cost of living and doing Start-up business in Nagpur is relatively low when compared to other cities in India. If you are looking for an opportunity to start a Handyman franchise business in Nagpur, contact us today. We can help you get started with everything from finding the right location to getting the necessary approvals.
Benefits of Service On Wheel Franchise Business at Nagpur
Not many people know that size of the Handyman service industry is bigger than the size of popular industries like the beauty & wellness industry, the fast food industry (including major food chains like Dominos), and the diagnostic labs industry.
You will be surprised to know that 96% of the Handyman service industry is unorganised.
But now with huge investments coming into the industry, it is now expected to explode just like food delivery (Swiggy, Zomato), UPI payments (PayTM, Phonepe), and online cabs (Ola, Uber).
This is a clear indicator that Service On Wheel handyman service will witness tremendous growth in coming years. By joining hands with us and opening Handyman services franchise in Nagpur, you can get quick and easy access to this growth as our Facility management franchise business is already a hit across the nation.
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A. A franchise is a business whereby the brand licenses its operations—such as its products, technology, branding, and knowledge to a franchise—in exchange for a franchise fee, and periodic royalty payments. When you take a well-established brand’s franchise, you get complete guidance on how to setup the business without you having to do any due diligence or research on where to open your shop, what machinery or raw materials to take, and what investments to make in technology. Brand also supports in customer acquisition & marketing.rnrnMoreover, during the course of operations, you get regular updates in technology, processes and products from the brand without you having to make any investments on the R&D and development of the same.
A. A start-up is your completely owned business which you establish from scratch. On the other hand, when you take a brand’s franchise business, you get the license to use the brand’s name, technology, products and processes for an upfront fee and then a periodic royalty.
A. Service On Wheel franchise stores provide various handyman services to customers. Service On Wheel has pioneered a unique concept of one stop solution for complete household services . This ensures complete transparency to the customer (similar to open kitchen concept), plus it reduces service turn around time for customer and supply chain costs significantly. Due to the uniqueness and high-quality of our services we have huge customer base which is consistently rising. You can leverage the benefits of our customer base by having a franchise store in Nagpur.
A. There is no single business which is best at all points in time. All businesses have phases of high & low growth depending on industry life cycle and geography. Currently in India, Handyman facility management business presents a very profitable business opportunity because 96% of the industry is unorganized and competition level is low. Plus, with population in urban apartments growing significantly, this business is set for a huge growth phase over next 10 years.rnrnSo, if you are looking for the best business opportunity in Kanpur, you can enter the laundry industry. And, one of the best ways to enter the industry is owning a Tumbledry franchise in Kanpur. Because, our exponential and consistent growth is a sheer proof that our franchise business model is profitable. You can connect to us for further details.
A. FOFO (Franchise Owned Franchise Operated) model means that you own all the assets in your franchise store, and you are also responsible for daily operations of the store, including all the monthly expenses that are incurred in business operations. Franchise brand takes a very small cut of gross revenues for providing its continuous expertise on an ongoing basis.rnrnFOCO (Franchise Owned Company Operated) model means that you own all the assets in your franchise store, but franchise brand is responsible for daily operations of the store, including all the monthly expenses that are incurred in business operations. Franchise brand will take a significant cut of the monthly profits for incurring the expenses and managing the store efficiently on your behalf.
A. Service On Wheel operates in Handyman facility management business which is worth $35.83bn, with more than 96% of it unorganized and with very low competition. Moreover, this business is growing at a very rapid phase and is expected to continue to do so over the next 10 years.rnWithin handyman business, Service On Wheel has carved out a market monopoly for itself with 5 lakh + clients and 10k+ vendors across 180+ cities . 95% of the franchise achieve breakeven within 6 months of the launch. With such a consistent success rate across such large number of branches, Service on wheel is surely one of the best franchise opportunities in Nagpur across all sectors.
A. 95% franchise of Service On Wheel achieve operational breakeven within 6 months of launch. That’s the reason around 35% of franchise owners of TService On Wheel have gone on to make further investments in 2nd and more branches within 6 months of joining Service On Wheel. We have replicated this success across metros, tier 2 and tier 3 towns. With ROI as high as 30% per annum, Service On Wheel franchise is the most obvious route you can take when investing in a new business opportunity in Nagpur.
A. Handyman facility management services is one of the most under invested industries in India with a massive growth potential over the next 10 years. Today’s handyman industry is at a similar stage in its growth journey as ecommerce was 15 years back. In the next 10 years, this industry will see entry of both pan India brands as well as MNCs with significant investment across the value chain. Around 96% of the industry is currently unorganized. If you observe closely then you will notice that even in Nagpur the handyman services is unorganized. It is catered to by local semi skilled man. With new age customers preferring to pay premium for hygiene, quality and tech based convenience, unique business ideas like that of Service On Wheel will surely capture the market in a very quick time.
A. Service On Wheel franchise requires investment of INR 5 lacs in metros and tier 1 cities, and INR 3 lacs in tier 2, tier 3 towns. With ROI as high as 30% per annum, investments of 5 lacs/3 lacs are very justified given that investment recovery period is only around 01 years. If you lack funds to start a franchise business in Nagpur, Service On Wheel can assist you in getting bank loans by providing business project report.
A. Service On Wheel franchising agreement is available with our network team. Please contact us for the details of franchise business in Nagpur, and our team will assist you with your queries.
A. Service On Wheel gives master franchise rights in certain high value locations only. If you are interested in our master franchise rights in Nagpur, please contact us and our team will assist you with your queries.
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