Why Franchise in the Plumbing Industry
Why should you franchise in the plumbing industry? That’s a great question! As a rule, the home services industry – of which plumbing is a part – is uniquely recession-resilient. Plumbers provide essential services that home and business owners need regardless of what shape the economy is in. Home services is a popular franchise sector because it’s consistently profitable – as a matter of fact, the home services industry is currently valued at $600 billion.
Accurate Leak and Line’s niche services make us uniquely positioned to take advantage of the plumbing industry’s sustained growth. Learn more about your opportunity in the plumbing industry.
Your Opportunity in a Recession-Resilient Industry
Everyone who owns a property, whether it’s a home or a business, will need plumbing services at some point. Plumbers provide essential services that keep properties up and running, and plumbing issues aren’t something that can be backburnered. Beyond the annoyance that plumbing problems can cause, leaks and blockages can lead to skyrocketing utility bills and significant property damage if left unaddressed.
Given its essential nature, plumbing is an industry that’s built to survive economic downturns. On its own, the plumbing industry is worth $126 billion. By 2027, it’s expected to grow at a CAGR of 5.6%. Our industry continued to grow throughout the pandemic, and it’s clear that plumbing is a remarkably stable sector. If you’re interested in a franchise opportunity that can grow and thrive no matter what’s going on in the world, joining the plumbing industry is a smart choice.
