Are you an aspiring entrepreneur, but can’t decide on what industry you want to delve into? Do you own an existing business, but are interested in ramping up your growth? Weed Man could be your solution! Lawn care may not be ‘sexy,’ but it sure is profitable. We have managed to grow our annual revenue by over $40 million in just the last five years! People are hiring Weed Man to ease the burdens of maintaining their homes, and to help them free up more time to enjoy life’s pleasures. And by all means, we are happy to help!
Consumers recognize that hiring Weed Man is a truly compelling value when compared to the retail costs of products, as well as the labor that goes into mixing and applying those products. It is not uncommon for Weed Man franchisees to receive phone calls from prospective customers dealing with the angst of uncertain results incurred by “DIY-ing” their lawn. There are also environmental benefits of maintaining a lush and healthy green space, which further increases the demand for professional lawn care services.
Aside from these favorable demographic trends, there are a few other reasons why Weed Man businesses are, to put it bluntly, awesome!
A well-run lawn care company can count on the vast majority of its customers automatically renewing each year. For instance, fertilizer needs to be applied multiple times throughout the season and weeds don’t come and go on a schedule – they need to be tended to! This brings in recurring revenues and allows us to focus marketing efforts on net growth rather than repeat sales. Weed Man offers top-of-the-line customer care and so, majority of our customers are repeat business. In fact, Weed Man boasts an impressive customer retention rate of approximately 75-80%.
Weed Man businesses offer limited exposure to recession. While no business is recession-proof, lawn care is a low-cost and high-valued service, a small slice of the consumer’s disposable income that can add as much as 15% to a home’s value. In addition to these undeniable facts, Weed Man franchisees are always building on a growing database of renewing customers, creating equity and expanding their business in the process.
Facts & Figures
Year after year, research shows a significant increase in the use of professional lawn and landscape services. Some of these statistics include:
- The landscape services industry has annual revenues of $76 billion, annual growth of 3.4%, employs 958,711 people, and represents 466,768 businesses, as reported by the July 2015 IBIS World market report, via the National Association of Landscape Professionals, Inc.;
- According to the Landscape Management Industry Pulse Report 2014, 80% of contractors surveyed reported the state of the market to be very healthy;
- A study conducted by the National Gardening Association revealed that 27.8 million households hired both lawn care and landscape maintenance services;
- The Husqvarna Global Garden Report 2012 stated that “63% of respondents reported being willing to pay more for an apartment or house if it was located in an area with good green spaces, compared with, for instance, 34% willing to pay more for an area with good shopping and 33% for good cultural venues.”
Lawn care services continue to be a desired service by dual-income families and maturing baby boomers. Across these demographics, consumers understand the value of a healthy looking lawn and landscape and enjoy the tranquility that a lush, green lawn can provide.
If owning a business is something that you’ve seriously considered, or if you already own a business and are looking for an additional profit center, Weed Man is a great option! We would be happy to meet you, guide you and help you form a strategic partnership. For more information on franchising with Weed Man USA, visit http://www.weedmanfranchise.com.