Franchise Canada September/October 2020 Supplement

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SPECIAL FOCUS: COMMERCIAL & RESIDENTIAL SERVICES

At Your Franchise Service

Franchises are helping Canadians keep properties in tip-top shape

P

roperty ownership comes with a lot of responsibility, and with lives busier than ever, property owners can’t do it all on their own. Between maintenance, renovations, and upgrades, and then outdoor concerns like lawn care, painting, and more, there are a variety of ongoing needs when it comes to commercial or residential property upkeep. Luckily, property owners have a whole host of options to turn to when a maintenance task, repair, or renovation falls outside of their area of expertise, or when they simply don’t have time in their busy schedules to deal with overseeing or completing these projects. Read on to learn more about the benefits of investing in the commercial and residential services category!

Franchises provide a wide range of services for commercial and residential property owners, including cleaning, landscaping, painting, home improvement, moving, carpet and upholstery cleaning, exterminating and pest control, and much more.

Residential Services are Important to Canadians

These services are key economic drivers:

Residential construction is a key economic driver in Canadian communities:

Services to Buildings and Dwellings:

62,203 establishments $284.5 thousand average revenue The category can be broken down further: Janitorial Services:

$209.3 thousand

Exterminating & Pest Control Services:

Landscaping Services:

1,250 establishments $299.0 thousand

average revenue

Other Services to Buildings & Dwellings:

average revenue

22,844 establishments $386.8 thousand Carpet and Upholstery Cleaning Services:

1,667 establishments $225.8 thousand

average revenue

$294.1 thousand average revenue

(Statistics Canada, 2018)

69% of Canadians own a home 4 in 5 millennials want to buy a home $4 trillion in assets in Canadian homes

1.2 million jobs $76.9 billion in wages $160.8 billion economic activity (Canadian Home Builders’ Association, 2018)

Home Renovation is Popular in Canada

Nearly half of home owners were looking to complete renovations in 2019: • 2017 – 48%

• 2018 – 45%

• 2019 – 49% Top renovation projects in 2019: • Basic maintenance –

average revenue

• Landscaping – 42%

50%

• Bathroom renovation – 36% (2019 CIBC Poll)

52 Canadian Franchise Association

www.cfa.ca | www.FranchiseCanada.Online


Elite Service. Elite Results.

• Low investment franchise

• Recession proof business model

• Custom business software

• Manage from home office

• Established marketing strategies

• Low fixed overhead

• High demand home service industry

• A rewarding growth business

1.877.663.5483

info@elitetradepainting.com

elitetradepainting.com/franchise


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