Smith & Sons Franchise Business for Sale

Company overview and history

  • Established in 1980
  • First franchise store opened shortly after establishment
  • Largest networked home renovation company in Australia and New Zealand
  • Over 80 franchise partners
  • Four decades of operational experience
  • Provides systems, resources, and tools for builders
  • Supports builders in managing finances and marketing
  • Aims for builders to achieve better work-life balance
  • Focus on building a secure future for families

Product/service offerings

  • Bathroom Renovations
  • Kitchen Renovations
  • Laundry Renovations
  • Deck and Pergola Construction
  • Garage Conversions
  • Small Home Extensions
  • Second-Storey Extensions
  • Full Home Makeovers
  • Knock-Down Rebuilds

Services include a Design-Plan-Construct process

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Target market and industry trends

  • Targets skilled and licensed home builders transitioning to business ownership
  • Appeals to builders valuing family, community, work-life balance, and financial stability
  • Significant growth in the renovation and extension industry, driven by COVID-19
  • Increased demand for medium-sized renovation projects
  • Large-scale renovations supported by government initiatives like HomeBuilder
  • Rising property prices and low interest rates encourage investment in existing homes
  • Shift in demand towards detached homes due to apartment living limitations

Ongoing fees (royalties, marketing fees)

  • Ongoing fees are part of the franchise agreement.
  • No specific percentages for royalties or marketing fees are provided.
  • Franchise benefits from brand and marketing support.
  • Low setup costs are indicated.

For precise details, contact Smith and Sons or review their franchise disclosure document.

Training and support provided to franchisees

  • Business Management: Tools and strategies for effective financial management.
  • Marketing: Robust marketing strategy for client growth.
  • Time Management: Proven processes for better time management.
  • Operational Support: Systems and resources for a successful home renovation business.
  • Ongoing Training and Development: Support for transitioning from craftsmen to business owners.

Day in the life

A typical day for a Smith & Sons franchisee in Australia involves:

  • Managing financial and administrative aspects, including accounts and quotes
  • Engaging with clients to discuss and finalize renovation projects
  • Overseeing multiple renovation projects, such as kitchen and bathroom renovations
  • Participating in marketing activities and tracking leads
  • Receiving ongoing training and support from Smith & Sons
  • Managing a team of builders, carpenters, and project managers
  • Navigating operational challenges and fluctuations in workload

Staffing requirements

  • Franchisees should be skilled and licensed home builders.
  • Core staff includes builders, carpenters, and tradespeople.
  • Project managers may be needed to oversee renovation projects.
  • Design and planning staff are necessary for initial renovation stages.
  • Staff should have relevant building and construction skills.
  • Franchisees need business management skills.
  • Administrative support may be required for customer service and scheduling.
  • Marketing and sales staff or contractors can help promote the business.
  • Training and support are provided for financial management, marketing, and time management.

Location requirements and territory information

  • Locations across ACT, NSW, QLD, VIC, and WA
  • Over 80 franchise partners with allocated territories
  • New locations established where there is demand for home renovation services
  • Recent expansions include the Gold Coast in Queensland
  • Master franchisees provide regional support
  • Franchisees are often local, understanding community needs

Financing options available

For detailed information about financing options, we recommend reaching out to Smith and Sons using the "Send Enquiry" function on Hattch.

Franchisee qualifications and experience required

  • Skilled and licensed builders
  • Business acumen
  • Commitment to hard work and positive attitude
  • Importance on family and community
  • Experience in the industry
  • Ability to follow proven systems

Unique selling propositions and competitive advantages

  • Proven track record of over four decades in the renovation industry
  • Low setup costs starting from $23,000
  • Comprehensive systems and resources for effective business management
  • Dedicated three-step renovation process: Design-Plan-Construct
  • Extensive experience with over 15,000 renovations completed
  • Support for better work-life balance
  • Comprehensive marketing and digital support
  • Collaborative network of like-minded entrepreneurs
  • Financial stability and future security

Challenges and potential risks for franchisees

  • Regulatory and Legislative Changes: Risks from updates to the Franchising Code of Conduct can lead to increased compliance costs and legal liabilities.
  • Financial Performance Representations: Misleading claims can result in legal disputes and damage to investment.
  • Insufficient Training and Support: Lack of adequate training can lead to legal issues for the franchisor.
  • Quality Control Standards: Adherence to quality standards is crucial; failure can harm brand reputation.
  • Reputation and Brand Damage: Non-compliance by others can negatively impact individual franchisees.
  • Business Interruption and Economic Slowdown: Risks from natural disasters or economic conditions affecting cash flow.
  • Cyber-Attack and Data Breach: Increasing reliance on technology raises risks of data breaches; 67% of franchisees express concerns about data security.
  • Ongoing Compliance Procedures: Franchisees must meet ongoing legal obligations to avoid risks.

Territory and Market Risks: Risks from territory encroachment and competition require clear definitions and strategies

Testimonials or success stories from current franchisees

  • Gerald Cresswell, Capalaba, Queensland: Praised professionalism, honesty, and management team; felt part of a family business.
  • Charlie Robinson, Smith and Sons Hamilton: Joined for succession planning; highlighted professional approach and support; won New Zealand Franchisee of the Year.
  • Neil and Jane Whittred, Gold Coast: Valued support network; appreciated balance of family life and career; aligned with core values of integrity and honesty.

Application process and next steps for interested parties

  • Reach out to Smith and Sons using the "Send Enquiry" function on Hattch.
  • Submit a formal franchise application with detailed personal and financial information.
  • The franchisor reviews the application for financial and qualitative requirements.
  • If suitable, an introductory call or meeting is scheduled.
  • Receive the Franchise Disclosure Document (FDD) with franchise details.
  • Possible invitation to a Discovery Day or site visit to existing franchises.
  • Sign the Franchise Agreement outlining terms and conditions.
  • Undergo comprehensive training and onboarding.
  • Receive ongoing support, including business coaching and marketing assistance.

Smith & Sons Franchise Opportunities

Smith & Sons in Pyrmont

NSW 2009

Smith & Sons in Waterloo

NSW 2017

Smith & Sons in Paddington

NSW 2021

Smith & Sons in Vaucluse

NSW 2030

Smith & Sons in Randwick

NSW 2031

Smith & Sons in Maroubra

NSW 2035

Smith & Sons in Balmain

NSW 2041

Smith & Sons in Petersham

NSW 2049

Smith & Sons in North Sydney

NSW 2060

Smith & Sons in Lane Cove

NSW 2066

Smith & Sons in Mosman

NSW 2088

Smith & Sons in Newington

NSW 2127

Smith & Sons in Burwood

NSW 2134

Smith & Sons in Lidcombe

NSW 2141

Smith & Sons in Pendle Hill

NSW 2145

Smith & Sons in Blacktown

NSW 2148

Smith & Sons in Baulkham Hills

NSW 2153

Smith & Sons in Kellyville Ridge

NSW 2155

Smith & Sons in Dural

NSW 2158

Smith & Sons in Fairfield East

NSW 2165

Smith & Sons in Fairfield West

NSW 2165

Smith & Sons in Punchbowl

NSW 2196

Smith & Sons in Earlwood

NSW 2206

Smith & Sons in Panania

NSW 2213

Smith & Sons in Hurstville

NSW 2220

Smith & Sons in Terrigal

NSW 2260

Smith & Sons in Swansea

NSW 2281

Smith & Sons in Newcastle

NSW 2300

Smith & Sons in Williamtown

NSW 2318

Smith & Sons in East Maitland

NSW 2323

Smith & Sons in Singleton

NSW 2330

Smith & Sons in Port Macquarie

NSW 2444

Smith & Sons in Byron Bay

NSW 2481

Smith & Sons in Tweed Heads

NSW 2485

Smith & Sons in Badgerys Creek

NSW 2555

Smith & Sons in Ingleburn

NSW 2565

Smith & Sons in St George

NSW 2622

Smith & Sons in Orchard Hills

NSW 2748

Smith & Sons in Penrith

NSW 2750

Smith & Sons in Richmond

NSW 2753

Smith & Sons in Katoomba

NSW 2780

Smith & Sons in Sunshine

VIC 3020

Smith & Sons in St Albans

VIC 3021

Smith & Sons in Werribee

VIC 3030

Smith & Sons in Keilor

VIC 3036

Smith & Sons in Essendon

VIC 3040

Smith & Sons in Pascoe Vale

VIC 3044

Smith & Sons in Brunswick

VIC 3056

Smith & Sons in Fitzroy

VIC 3065

Smith & Sons in Heidelberg

VIC 3084

Smith & Sons in Kew

VIC 3101

Smith & Sons in Balwyn

VIC 3103

Smith & Sons in Hawthorn

VIC 3122

Smith & Sons in Camberwell

VIC 3124

Smith & Sons in Toorak

VIC 3142

Smith & Sons in Wheelers Hill

VIC 3150

Smith & Sons in Wantirna

VIC 3152

Smith & Sons in Caulfield

VIC 3162

Smith & Sons in Clayton

VIC 3168

Smith & Sons in Keysborough

VIC 3173

Smith & Sons in Dandenong

VIC 3175

Smith & Sons in St Kilda

VIC 3182

Smith & Sons in Cheltenham

VIC 3192

Smith & Sons in Patterson Lakes

VIC 3197

Smith & Sons in Frankston

VIC 3199

Smith & Sons in Bentleigh

VIC 3204

Smith & Sons in South Melbourne

VIC 3205

Smith & Sons in Lara

VIC 3212

Smith & Sons in Hamilton

VIC 3300

Smith & Sons in Melton

VIC 3337

Smith & Sons in Sunbury

VIC 3429

Smith & Sons in Castlemaine

VIC 3450

Smith & Sons in Mildura

VIC 3500

Smith & Sons in Bendigo

VIC 3550

Smith & Sons in Swan Hill

VIC 3585

Smith & Sons in Wangaratta

VIC 3677

Smith & Sons in Wodonga

VIC 3690

Smith & Sons in Wallan

VIC 3756

Smith & Sons in Montrose

VIC 3765

Smith & Sons in Coldstream

VIC 3770

Smith & Sons in Emerald

VIC 3782

Smith & Sons in Beaconsfield

VIC 3807

Smith & Sons in Warragul

VIC 3820

Smith & Sons in Morwell

VIC 3840

Smith & Sons in Bairnsdale

VIC 3875

Smith & Sons in Leongatha

VIC 3953

Smith & Sons in Cranbourne

VIC 3977

Smith & Sons in Gatton

QLD 4343

Smith & Sons in Toowoomba City

QLD 4350

Smith & Sons in Warwick

QLD 4370

Smith & Sons in Goondiwindi

QLD 4390

Smith & Sons in Miles

QLD 4415

Smith & Sons in Roma

QLD 4455

Smith & Sons in Gympie

QLD 4570

Smith & Sons in Kingaroy

QLD 4610

Smith & Sons in Maryborough

QLD 4650

Smith & Sons in Gladstone Central

QLD 4680

Smith & Sons in Rockhampton City

QLD 4700

Smith & Sons in Emerald

QLD 4720

Smith & Sons in Whitsundays

QLD 4802

Smith & Sons in Bowen

QLD 4805

Smith & Sons in Townsville City

QLD 4810

Smith & Sons in Thuringowa Central

QLD 4817

Smith & Sons in Hughenden

QLD 4821

Smith & Sons in Mount Isa

QLD 4825

Smith & Sons in Innisfail

QLD 4860

Smith & Sons in Atherton

QLD 4883

Smith & Sons in Hobart

TAS 7000

Smith & Sons in Hobart

TAS 7000

Smith & Sons in Hobart

TAS 7000

Smith & Sons in Hobart

TAS 7000

Smith & Sons in Hobart

TAS 7000

Smith & Sons in Launceston

TAS 7250

Smith & Sons in Launceston

TAS 7250

Smith & Sons in Devonport

TAS 7310

Smith & Sons in Burnie

TAS 7320


Franchise Overview

Number of Franchises:

98

Number of Franchise Locations:

104

Franchise Partner Type:

Owner Operator

Investment Range:

$50K - $100K

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