In the past decade, the plumbing segment of franchising has experienced enormous growth in both numbers of units opened and volume of business generated through the market segment. What’s driving this apparent increased demand in the plumbing segment of franchising? From my experience, it seems to be a combination of several things.
First, the franchise market has transitioned to a lower-investment, work-from-home business model focus. Traditionally, franchising was engulfed by restaurants, retail and fixed-location businesses that required a higher initial investment and had lower operating margins. Brands such as Subway, KFC, Batteries Plus and others were typical of what people thought of franchising in general.