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A Franchise That Fixes Holes in Walls & Earns $1.3 Million
Description
Episode 77: On this episode of Pursuit of Profit, Cliff talks with James Groves, co-founder of Hole In The Wall Drywall Repair franchise. There are more than 140 million homes in the US and over 90% of the homes have drywall. With that figure, this non-brick and mortar business is easy to execute, scalable and profitable with $1.3M in average revenue. Learn more about this growing brand - take a listen.
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Timestamps:
00:00 - Intro
02:55 - where did the name "Hole In The Wall" come from
07:05 - how the business started
12:07 - why this franchise is a win
15:55 - referral sources and marketing
19:30 - revenue sources and amounts
22:03 - lead services
25:55 - cost to acquire a customer
26:47 - proprietary products
28:37 - School of Rock Academy
31:23 - franchising
33:55 - vehicle strategy
32:11 - initial investment
35:49 - revenue from one vehicle
40:37 - number of franchisees & locations
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Links:
Watch the Pursuit of Profit on YouTube!
Book a free consultation with Cliff and Justin: https://calendly.com/franocity1/30-minute-meeting
Learn more about Franocity: https://qrcodes.pro/15fBNC
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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff pulls no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.