Poolwerx franchise question & answer
No. The pool and spa maintenance business is a growth sector even without new pods, simply because Australian pool owners are fast learning of the dangers of not having a fully trained professional maintain their pool (nasty bugs like Guardia, cryptosporidium, etc).
Australians know they need an electrician to wire a house, a mechanic to fix a car, aid they're now learning that a fully trained professional should service their pools.
And the 'hands free' convenience of having PoolWerx service your pool has also been a key business driver. So while the construction of approximately 25,000 new pools every year grows the market sector considerably, them is still significant opportunity within the existing market, which provides insulation from housing market downturns.
What is the average revenue/profit your franchisees are currently earning per annum?
PoolWerx has experienced a network average growth of 55 per cent compounding annually for the last 4 years. Many PoolWerx franchisees have experienced exponential revenue growth in the order of 25 per cent per annum in that time. Typically an Average Retail hub is turning over between $850K to $1.2million per annum with return on sales ranging between 20 per cent and 25 per cent.
What is the start-up cost and on-going lee structure for your franchisees?
Initial start-up cost is $89,950 plus the lease cost of a late model van.
This package includes full business set-up with stock, marketing collateral, business stationery and uniforms, laptop and technology package, extensive PoolWerx 3 week 'pool school' training program, access to financial, accounting, insurance and marketing counsel, and ongoing support from the PoolWerx National Support Office (NSO).
On-going fees are limited to service (11 per cent) and marketing fees (4 per cent), revenue initially, but reduce to 8 per cent and 2 per cent respectively in accordance with a simple incentive program based on growth. 24.07.2007
FANZ Member
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Contact PoolWerx Corporation
PO Box 718
Toowong
QLD 4066
Tel: 1800 009 000
Fax: +61 7 3217 8900
