
Reliance Roof Restoration franchisees get an income guarantee
Reliance Roof Restoration has moving into franchising after nine years in operation, and is launching a guaranteed income system this month.
Founded in 2002, Reliance Roof Restoration is a Brisbane-owned and operated business providing roof restoration, replacement, painting and guttering services to homeowners throughout South East Queensland.
Managing director Justin Eldershaw said the new franchise model aimed to fill a gap in the market. “After much research I realised there were many home service franchises demanding a high initial investment and long working hours but providing little stability of income,” he said.
“We guarantee our franchisees an income of at least $75,000 net per year, although they are likely to exceed this. We are so confident in the business model we will pay franchisees the difference if they do not meet this minimum level.”
Investment costs for a Reliance Roof Restoration franchise start at $49,000 and this includes the training and equipment necessary to run the business.
“We are the first roofing business to use a model where anyone can become a franchisee no matter what their qualifications. If you are motivated and enjoy ‘hands on’ work then you are the perfect candidate," Eldershaw said.
Six franchises are operating in South-East Queensland and Eldershaw said he hoped to grow the franchise significantly over the next few years.
“We are currently offering a large number of franchise opportunities across Queensland, NSW and Victoria. These are qualified territories where we know there are strong work levels for franchisees; hence we are able to offer the income guarantee.
“Our goal is to have 20 franchisees operating in each state by 2016.”