Top Plumbing Franchises in 2024
In 2024, the plumbing industry continues to be a thriving and essential sector of the economy, and franchise opportunities within this field have gained significant traction. This article explores the top plumbing franchises of the year, showcasing their success, innovation, and potential for aspiring entrepreneurs looking to tap into this evergreen market.
Entering the plumbing industry doesn't always require deep pockets. Low-investment cost franchises offer potential business owners an opportunity to venture into the market without a hefty initial financial burden. These options make it feasible for budding entrepreneurs to start and grow at a pace comfortable for them.
Founded in: 2000
Franchising since: 2001
Franchise Units: 256
Initial investment range: $128,954 - $223,738
Initial Franchise Fee: $43,000
Royalty: 6%
Benjamin Franklin Plumbing presents a lucrative business venture in a recession-resistant industry. The average gross revenue stands at an impressive $3,016,685, with a notable same-store sales growth of 19.9% in 2021 compared to 2020. This franchise opportunity is unique as it requires no prior plumbing experience. It offers a low range of initial starting costs, making it an attractive option for many aspiring business owners.
Upon joining, franchisees receive comprehensive support encompassing 24/7 assistance, proven business technology, marketing solutions, and significant buying power through BuyMax. An industry-leading training program and operational blueprints are also provided to ensure success. The substantial support system aims to propel the business forward, whether the franchisee is a veteran in the plumbing industry or a newcomer.
What sets this franchise apart is the sense of community and support among the franchisees. Benjamin Franklin Plumbing believes in trusting the leadership of its franchisees while providing the necessary support for sustainability and growth. This fosters a network where each member is motivated to succeed, leveraging the collective experience and resources of the entire franchise network. The emphasis on communal growth and support enhances each business's operation and distinguishes Benjamin Franklin Plumbing from other franchises in the industry.
In a constantly evolving market, some plumbing franchises stand out due to the sheer volume of demand they cater to. High market demand franchises not only provide services that are in perennial need but also showcase resilience in fluctuating economic conditions. Investing in such franchises can lead to consistent revenue streams and potential growth.
Founded in: 1983
Franchising since: 2017
Franchise Units: 40+
Initial investment range: $127,780 - $284,270
Initial Franchise Fee: $49,500
Royalty: 6%
The 1-800-Plumber +Air franchise opportunity is more than just a financial venture; it's a chance to be part of a unique market niche. This franchise is the only combined plumbing and HVAC opportunity, merging two critical home service industries. The emphasis is on continuous growth, learning, and business development to deliver outstanding customer experiences.
Franchisees receive substantial support through a designated Business Advisor who assists in goal setting and ensuring adherence to brand standards. This support extends to running the franchise, including marketing and ongoing weekly interactions.
Moreover, the franchise embodies core values encapsulated in the acronym B.E.S.T.—Becoming Better, Exceeding Expectations, Superior Service, and Teamwork. These values are crucial for success and underpin the franchise's commitment to exceeding customer expectations through superior service delivery.
Founded in: 1983
Franchising since: 2017
Franchise Units: 40+
Initial investment range: $127,130 - $370,915
Initial Franchise Fee: $49,500
Royalty: 6%
The BLUEFROG Plumbing + Drain franchise presents a lucrative opportunity in the thriving, recession-resistant plumbing industry, carving a niche by emphasizing its engagement in the 'people business.' This perspective transforms the conventional plumbing business model into a more sophisticated, high-margin venture appealing to ambitious entrepreneurs.
With substantial support for its franchisees, BLUEFROG goes beyond addressing plumbing issues. It equips its franchisees with extensive training and resources, aiding not just in technical expertise but in mastering effective business management. This approach fosters a culture of entrepreneurial excellence, setting BLUEFROG apart in the industry.
Moreover, the franchise takes pride in delivering superior customer satisfaction, further reinforcing its unique position in the home services sector that prioritizes entrepreneurial growth and customer satisfaction.
Founded in: 2007
Franchising since: 2017
Franchise Units: 39
Initial investment range: $232,670 - $390,210
Initial Franchise Fee: $44,900
Royalty: 8%
The Z PLUMBERZ franchise opportunity is promising for individuals looking to dive into a well-established plumbing business model.
Z PLUMBERZ, part of the BELFOR Franchise Group, offers a robust franchise model to take plumbing businesses to the next level. They provide an outstanding training platform, considered unparalleled in the industry, and ongoing support that covers marketing, financial performance, hiring, and recruiting top talents. Their support extends to a 24/7 customer service call center, ensuring franchisees have the backing they need to thrive and strive toward financial independence.
Investing in a Z PLUMBERZ franchise could open doors to a well-structured, customer-centric, and supportive environment aimed at growing a successful plumbing business and contributing positively to the overall image of the plumbing industry.
A brand's reputation can be a game-changer in the competitive world of plumbing. Franchises with strong brand recognition have already carved out a niche for themselves, offering trust and reliability to consumers. Opting for these franchises means leveraging a well-established name, ensuring a leg up in the market from day one.
Founded in: 1970
Franchising since: 1982
Franchise Units: 580+
Initial investment range: $45,075 - $82,475
Initial Franchise Fee: $4,975
Royalty: Varies
A distinct characteristic of ROOTER-MAN is its focus on customer satisfaction and a well-crafted marketing strategy, which has been pivotal in its success over the years. The franchise boasts of providing fast and friendly services around the clock, a trait that has endeared it to millions of customers over its 44+ years in business.
The franchise also strongly emphasizes professional training, converting workers into experts through on-the-job training across a range of services. This comprehensive training extends from residential home services to complex industrial/commercial services, a testament to the over 40 years of experience that the franchise passes on to new owners and employees. Moreover, franchisees are provided with advanced technology tools and resources, including a 4-week training program for all owners and AI and VR technology for practical experience, covering a breadth of topics like hiring, business structure, financial planning, and more5.
The ROOTER-MAN franchise, with its low-cost investment, extensive training, and customer-centric approach, stands as a notable opportunity in the plumbing, sewer, and drain cleaning industry.
Founded in: 1935
Franchising since: 1935
Franchise Units: 247
Initial investment range: $84,920 - $255,000
Initial Franchise Fee: $25,000
Royalty: Varies
The ROTO-ROOTER franchise opportunity extends beyond a business model to include a supportive community through the ROTO-ROOTER Franchisee Association. This forum facilitates a nurturing environment where franchisees can share ideas, learn, mentor, and foster relationships within the ROTO-ROOTER family, enriching the franchise experience.
With a rich legacy, comprehensive service offerings, a clear financial pathway, a supportive franchisee community, and a transparent application process, the ROTO-ROOTER franchise opportunity presents a viable and promising venture for aspiring entrepreneurs in the plumbing and water cleanup industry.
Founded in: 1968
Franchising since: 1972
Franchise Units: 245
Initial investment range: $80,600 - $191,140
Initial Franchise Fee: $40,000
Royalty: 5-7%
Mr. Rooter offers a comprehensive franchise opportunity in the plumbing industry, emphasizing its unique standing within the Neighborly® family of home service brands. With over 50 years of industry experience, Mr. Rooter provides a robust support system to its franchisees, including dedicated Sure Start Consultants for the first year and a Franchise Business Coach for subsequent years. This support extends to areas like marketing, operations, technology, and vendor discounts via ProTradeNet, distinguishing Mr. Rooter from other franchises. Potential franchisees are supported through a comprehensive discovery process, including a franchise guide, consultation with a franchise developer, and a visit to the company headquarters. Additionally, franchisees benefit from Mr. Rooter's established reputation, strong vendor relationships, and an internationally recognized brand. A unique fact: Mr. Rooter franchisees may gain exposure and leads via customers of other Neighborly brand franchises, leveraging cross-marketing promotions. This interconnected support system makes Mr. Rooter an attractive franchise option in the plumbing sector.
Plumbing franchises can be highly profitable, with low overhead costs and steady demand. According to industry research, plumbing services are expected to grow by 10.6% in the coming years, making it a promising industry for investors. The average gross revenue for plumbing franchises is $424,660, with an average net profit of $71,943. Additionally, plumbing franchises benefit from a recognizable brand and established reputation, which can help attract customers and build trust. As with any business, success ultimately depends on the owner's ability to manage the business effectively, provide quality services, and maintain a strong customer base.
Here are some industry trends for plumbing franchises that are currently shaping the industry:
It's worth noting that these trends may vary from region to region, and depending on the specific franchise. It's essential to research the plumbing industry and your specific market before starting a business, which you can do with the help of Franchise Clues.
The initial investment and opening costs for plumbing franchises can vary widely, depending on the franchise brand, location, and other factors. On average, however, opening a plumbing franchise can cost between $50,000 and $150,000, which includes the franchise fee, equipment, inventory, and other expenses. Additionally, plumbing franchises typically require a franchisee to have a certain amount of liquid capital and net worth to qualify for ownership.
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Here are the benefits that are specific to opening a plumbing franchise:
When opening a plumbing franchise, there are several key points to pay attention to:
The points above are the general points, now more plumbing category specific ones:
Javier is an experienced franchise industry professional with a focus on development, operations, and performance. With almost a decade of experience in the industry, he has witnessed both the successes and failures of franchise owners. Javier strongly believes that buying a franchise is not just an investment, but a life-changing event that presents a unique opportunity for personal and professional growth. He enjoys helping aspiring franchise owners navigate the decision-making process and increase their chances of success.
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