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Entrepreneur's Complete Guide to Buying a Franchise Business |
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Franchise Prospector » Home-based Franchises
Entrepreneurs Seeing Green With a Lawn Doctor FranchiseFranchise owners reap benefits as home services industry shows no sign of slowdown America's leading specialist in lawn care offers a one-stop solution for customers and a lucrative business opportunity for investors
With more than 500 locations and 40 years in business, Lawn Doctor offers each franchisee the benefit of their longtime experience. As an important part of the company's practical approach at helping entrepreneurs become business owners, Lawn Doctor offers a unique PACE Program to allow investors the chance to create a part-time franchise without giving up their regular job. Once the investor's business grows and he/she is ready to make the transition to full-time franchisee, Lawn Doctor will help to make the changeover as easy as possible.
What is the one thing that every business needs to succeed? Customers. In recognition of that need, each Lawn Doctor franchise offers a wide array of lawn, tree and shrub care and pest control. With a business that focuses on the importance of customer convenience and their desire to enjoy free time rather than working on lawn care, each franchise is designed to provide a simple all-in-one solution for the customer's outdoor needs. Depending on the market, prospective franchise owners can anticipate an initial investment ranging between $80,100 to $89,900. In addition to a monthly van lease of $425, a liquid capital budget of $60,000 is required for all new franchisees. When it comes to financing, investors are welcome to pursue the lenders of their choice. In addition to Small Business Administration loans being available to those who qualify, Lawn Doctor also offers financing up to $39,000. Investors with a 401K may also be able to seek rollover financing through BeneTrends Inc. In an effort to prepare new franchise owners with the knowledge needed for success, Lawn Doctor requires that each new investor attend a two-week New Dealer Training Program designed to educate him/her on the successful operation of a Lawn Doctor franchise. Beyond that, the company offers an array of manuals to help new owners through every aspect of daily business. Once a franchise is opened, a field representative will make frequent visits during the first two years of operation and additional support will be provided through regional meetings and via the home office.
For more information on becoming a franchise owner, visit Lawn Doctor For More Information |
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