Since the start of 2020, many people across the world have begun to rethink what their professional life should look like. We are seeing increasing numbers of professionals choosing to switch careers hoping for more time for the things they enjoy, while also maintaining steady income. Multi-unit franchising is a great opportunity for entrepreneurs who are looking for a scalable business model and a great work-life balance. Pigtails & Crewcuts Franchise is proud to provide that opportunity. We are currently seeking qualified professionals across the country who desire a change and are ready to be their own boss. The Pigtails & Crewcuts business model lends itself to semi-absentee ownership that offers scalable income at a low start-up cost, and great opportunity for future success.
The concept of multi-unit franchising is when one person purchases the rights to own and operate more than one unit and there are many benefits to this type of ownership within a franchise organization. Franchise Guardian states that “the primary benefit of multi-unit franchising is that the more businesses you own, the more potential there is for more customers, higher sales, and generating a high profit.” In many cases, this allows for a higher success rate as business owners bring in multiple streams of income from each of their stores. Multi-unit operators are able to step back from the day-to-day operations of their stores and handle more of the logistics to their individual operations. It requires strong managerial skills, understanding data and financials, and the ability to work with the franchisor to develop each unit in a timely manner.
https://franchisebusinessreview.com/post/pros-cons-multi-unit-franchise-ownership/
Pigtails & Crewcuts offers multi-unit opportunities of both three and five units. Our business model is simple with a low initial investment and a simple buildout. Franchisees who choose multi-unit ownership upfront receive a large protected territory and a discounted franchise fee. Owners will agree to follow a development schedule and will work with the franchise and their support specialists to ensure they are on track to open each salon. Our franchisees are supported every step of the way. Once all salons are opened, our multi-unit owners often play a smaller role in the operations of their business and trust their hired managers to run each store. In fact, over half of Pigtails & Crewcuts franchisees own multiple salons. We have franchisees from a number of different backgrounds including the fitness industry, education, and real estate. Our franchise is a great option for entrepreneurs who are looking to diversify as well.
And the good news is, we are continuing to grow! We are fortunate that more and more entrepreneurs recognize the value in our recession-resilient business model and understand the importance of what the Pigtails & Crewcuts concept provides to children and families across the country. We have 12 salons in the pre-opening process that are “coming soon” to new markets in the months to come. Of those salons, three are following the development schedules of multi-unit owners. That said, there is still plenty of room to grow nationwide. If you are interested in learning more about Pigtails & Crewcuts and multi-unit ownership within our organization, please reach out to us! You can visit online at www.pigtailsandcrewcutsfranchise.com, reach out via email at hswanson@pigtailsandcrewcuts.com, or by calling 770.752.6800. We can’t wait to hear from you and look forward to helping you discover if this is the multi-unit opportunity for you.
Sources:
Quote – https://franchiseguardian.com/franchising/benefits-and-challenges-of-multi-unit-franchising/
