1-Tom-Plumber provides emergency plumbing repair and maintenance services for residential and commercial properties. The franchise emphasizes fast, reliable plumbing solutions in local markets.
Key Insights
- 1-TOM-PLUMBER originated from founders understanding that customers deserved significantly better options than what was currently available in the marketplace, leading to development of comprehensive service solutions that prioritize quality, reliability, and exceptional customer experiences.
- Work scheduling accommodates property owner needs and preferences while ensuring optimal conditions for restoration success, balancing efficiency with minimal disruption to daily routines and considering factors such as weather, occupancy, and other relevant circumstances.
- Technological advances continue to reshape service delivery methods and customer interaction patterns, creating opportunities for businesses that can integrate innovation with traditional service excellence while maintaining the personal touch that customers value and expect.
Franchise Fee and Costs to Open
Exploring the financial picture of 1-TOM-PLUMBER gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $515,719 - $2,796,495, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Yearly gross sales of $1,384,600 and estimated earnings of $166,152 - $207,690 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 9.4-11.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
1-TOM-PLUMBER provides new franchisees with comprehensive training. This initial training lasts two weeks and is conducted at their corporate headquarters. 1-TOM-PLUMBER offers a robust suite of resources designed to support business launch and ongoing operations. These resources cover various aspects of franchise management, equipping franchisees with tools for success. The franchisor also provides guidance on marketing and operational best practices.
Legal Considerations
Legal considerations for a 1-TOM-PLUMBER franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a 1-TOM-PLUMBER franchise involves navigating a dynamic local landscape. Franchisees may encounter numerous competitors vying for customer attention, requiring distinct strategies for service delivery and marketing. Managing diverse service requests and ensuring efficient scheduling presents operational complexity. Furthermore, consistent access to quality parts and materials from specific supply chains is a key element to consider for maintaining service standards and customer satisfaction.
Franchise Datasheet
FAQs
What is the minimum cash required to open a 1-TOM-PLUMBER franchise?
How can I estimate the profitability and return on investment (ROI) of a 1-TOM-PLUMBER franchise?
What is the franchisee fee for a 1-TOM-PLUMBER franchise?
How to open a 1-TOM-PLUMBER franchise?
How many locations does 1-TOM-PLUMBER have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
