Are you looking for an investment that combines high earning potential with a balanced lifestyle? If so, the Gotcha Covered franchise might be just what you need. In the world of franchising, where opportunities are vast, but often saturated, Gotcha Covered stands out as a fresh and attractive option. But what makes it so special? This window treatments franchise not only offers quality products, but also the possibility of a flexible working lifestyle. Read on to learn more.
About Gotcha Covered’s business model
Gotcha Covered is a franchise dedicated to covering windows in both the B2B (business to business) and B2C (business to consumer) fields. Its offer covers a wide range of products for the interior of windows, including blinds, blinds, shutters, window film, curtains and draperies. Best of all, running this business can start from home, offering an excellent work-life balance opportunity. As the business grows, there is the option to expand to a physical store.
The window treatments industry is a growing market that generates approximately $30 billion.
The fragmentation of the market allows new franchisees to establish themselves, as the largest retailer only has a 3% share. In addition, the business model is simple and accessible, as you don’t need design experience to be successful. With high profit margins and a low operating cost, this model is cash flow friendly. Every home and business needs window treatments, making this sector a constant source of income.
What is the day-to-day life of a Gotcha Covered franchisee like?
The daily routine of a Gotcha Covered franchisee is dynamic and rewarding. Start by setting up appointments through networking or marketing, followed by a pre-appointment interview to learn about the client’s needs. During the client appointment, use a laptop or tablet to show options and visit the home to assess style and budget. Then, measure the windows to capture the dimensions needed for the order and work with the customer to help select the right style and price. When finished, it collects a deposit and prepares the order by generating the invoice. This workflow is accessible and allows the franchisee to run the business efficiently.
How much does it cost to invest in a Gotcha Covered franchise?
Before embarking on this adventure, it’s crucial to understand the financial considerations involved. The initial investment ranges from $103,160 to $136,400, with a franchise fee of $64,900.
Royalties are scalable from $350 to $2,000 per month in the fourth year, and a minimum liquidity of $150,000 is required. Most franchisees experience an adjustment period of 4 to 6 months, after which they can opt for semi-passive ownership, working less than 15 hours a week if they choose.
*Data as of the date of publication of this article
*Values expressed in US dollars
Why invest in the Gotcha Covered franchise
The Gotcha Covered franchise has numerous competitive advantages that differentiate it in the market. It offers a lifestyle business, allowing flexible hours and the ability to work from 9 to 5. In addition, the low startup costs and high revenue possibilities, added to its cash flow-friendly model, no need for inventory, accounts receivable, or bad debts, make this option viable and a smart decision for those looking for a change. Franchisee validation shows high satisfaction rates among current owners.
Can you imagine a future where you can be your own boss, work with a schedule that suits your lifestyle, and help beautify other people’s spaces? If you are ready to take the next step towards this exciting adventure, do not hesitate to contact us. At Interlink FBC we are ready to guide you through every stage of the process and answer all your questions. Schedule a free consultation now.
