Turp Ricketts, VP of Development for Horsepower Brands, shares insights on the Blingle! franchise opportunity.

🌲 Christmas (holiday) lighting is big business. So is landscape lighting, security lighting, and event lighting.

5 takeaways Turp shares from this episode of the Close The Deal. Com Podcast (franchise & funding insights edition): 

1. Why this opportunity is so unique
2. The enormous retention rate for holiday lighting
3. The investment level and potential revenue
4. The insights on how Blingle! will support you as a franchisee
5. What makes the ideal candidate - could this be you?

This episode is brought to you by franchise & funding. 

Considering a Blingle! franchise, visit: https://www.franchiseandfunding.com/contact

Products we ❤️  for our health:

• Athletic Greens - AGI

Audio -  Close The Deal . Com Podcast:

CTD Podcast with Turp Ricketts

Blingle!

In our conversations with Turp Ricketts, VP of Development for Horsepower Brands, we discuss the possibilities with their Blingle! Fanchise.

Investment and Opportunity:

Blingle! offers a lucrative investment opportunity, with an investment range typically between $300,000 and $450,000. This range depends on the number of territories a franchisee chooses to start with, and the vast territories are designed for those who aim to build substantial businesses and dominate their markets.

Support and Training:

Horsepower Brands excels in providing robust support and training to its franchisees. They offer assistance in various areas, including bookkeeping, marketing, fleet management, and hiring. The training process is thorough, with multiple phases, starting with a virtual onboarding program, followed by an in-person training week in Omaha. Regional training sessions and a dedicated support team, comprising business coaches, further assist franchisees in navigating the challenges and opportunities.

Revenue Potential:

When it comes to revenue potential, Blingle! franchisees can expect an Average Unit Volume (AUV) of around $1.4 million, with an impressive 33% EBITDA. The strong bottom line results from the support systems in place, high retention rates, and the considerable demand for their services.

Ideal Candidate:

The ideal candidate for a Blingle! franchise should possess the ability to manage and hold people accountable. Moreover, they should maintain a positive, "glass half full" mentality. The franchise emphasizes the importance of fully engaging in the research and validation process to make an informed decision.

Future Vision:

Looking forward, Horsepower Brands envisions becoming the premier lighting company in the United States, with plans to dominate both local and national markets.