How did you get into the automotive industry?
We identified a growing need for efficient and innovative parking solutions in residential spaces. The increasing number of households with multiple vehicles and limited parking led us to specialize in car lifts and comprehensive garage enhancements.
What’s New in the Residential Parking Solutions Business or in the Franchise Model?
-We’ve added ancillary products to drive the demand for our business. We offer a turn-key solution for the homeowner. No other company comes in and offers an all-in-one solution to completely turn a garage into a haven for the homeowner by adding 1-3 new parking spaces into an existing garage.
Where do you See Opportunities or Challenges for the Franchise/Business Moving Forward?
Opportunities lie in expanding to urban areas with limited parking space and integrating eco-friendly and sustainable practices in our installation. Challenges include keeping up with rapid technological advancements and managing supply chain issues.
What is your Goal for the Residential Parking Solutions Business Moving Forward?
To become the leading provider of residential parking solutions nationally, known for our innovation, reliability and exceptional customer service.
Talk to us About Training and Support, How Do You Deliver?
We offer comprehensive training programs covering installation, maintenance, customer service, and sales strategies. Support is provided through a dedicated franchisee portal, regular webinars and one-on-one training at our facility in Las Vegas.
Your most difficult moment at the Franchise Business?
Navigating the initial phase of the pandemic was challenging due to disruptions in operations and supply chains. We adapted by enhancing our online presence and implementing strict safety protocols.
Define your Franchise Model:
A. Training and Support Model?
-A blend of in-person training and online training sessions, with on-going support through various digital platforms. We are all about the relationship and want franchisees to feel the connection, support and guidance they need for every aspect of the operations, marketing, management and administrative side of the business.
B. What is the Fee Structure?
-An initial franchise fee, ongoing royalties and a marketing fund contribution, we literally are in business with the franchise owners, everyone is working in the same direction for the same end goal which is to grow profitable and scalable businesses.
C. Territory Definition?
-a territory is defined as an area of 2-3 million people in the metropolitan area.
D. Day in the life of a Franchisee?
-Involves customer consultations, overseeing installations, managing staff and local marketing efforts.
What does Your Franchisee Do in the Business Every Day?
-Franchisees are primarily involved in sales consultations, project management, team leadership, and local marketing activities.
Who is the Ideal Franchise Candidate?
-Someone with a strong entrepreneurial spirit, leadership skills, a background in home improvement or construction, and a passion for delivering exceptional customer service.
Success Stories and Failures with Franchisees?
-Success stories often involve franchisees who’ve embraced our business model and leveraged local networking. Failures, albeit rare, usually stem from underestimating the importance of local marketing and community engagement.
What Goals Do You Have for the Franchise Model in the Future?
-We aim to further innovate our product line, expand to new territories, and build a community of franchisees committed to enhancing residential spaces.
For more information on the Residential Parking Solutions franchise system, visit the franchise site: https://www.franchiseconduit.com/franchise/residential-parking-solutions/
For information on how to order a Residential Parking Solutions System, visit the corporate site: https://residentialparkingsolutions.net/