Construction Franchise: Top Niches with High Profitability
Finding a standout franchise opportunity in a saturated construction market can be challenging. Choosing a niche construction franchise provides high-profit potential and growth opportunities with less competition.
Gaining a foothold in the highly competitive homebuilder franchise industry can feel like an uphill battle. New residential construction was down 16% in July from a year ago, according to data from the U.S. Census. High interest rates are elevating home prices and discouraging customers from purchasing a new home.
With new home prices soaring, many Americans are choosing to stay put and invest in renovations instead, leading to a strong demand for home remodeling. The U.S. home remodeling market was valued at $527.36 billion in 2023, propelled by customers seeking “aesthetically pleasing housing interiors and exteriors.”
Niche Construction Franchises
Specialized construction business ideas in the home remodeling industry can help you stand out from the competition and offer high-profit potential.
- Disaster restoration services: In the wake of natural disasters, the demand for quick and reliable restoration services spikes. Franchises that specialize in repairing damage from water, fire, mold, and storms have the potential for year-round demand, and helping homeowners during a high-stress time can be rewarding. AdvantaClean has more than 100 mold remediation and water damage repair locations. The average sales for 25, single-territory AdvantaClean locations was $365,801 in 2023. *
- Kitchen remodeling: Homeowners often target kitchens for remodeling. Nearly 19.4% of homeowners plan to remodel a kitchen in 2024. Specializing in kitchen remodeling can be lucrative, especially if you offer a range of services, such as cabinet refacing and cabinet door replacements, in addition to full-scale renovations. Last year, the average sales for 85, single-territory Kitchen Tune-Up locations was $503,133.*
- Flooring: This niche involves the installation of flooring solutions, which are sought after in both residential and commercial markets, providing a broad customer base with less competition from general construction services.
- Garage remodeling: Many homeowners look to convert their garages into functional spaces, such as storage solutions, workshops, or even home gyms. This specific focus allows garage remodeling franchises, like PremierGarage, to offer in-demand services that may be too small for general contractors to consider. The average sales at 27 PremierGarage locations with one territory was $359,702 in 2023.*
Premier Garage: A Proven Business Model
PremierGarage has carved out a specialized niche in the construction franchise industry. We’ve been providing customers with innovative, high-quality garage flooring and storage solutions since 2006. Here are some of the ways we stand out as an ideal franchise for new entrepreneurs:
- Protected 100,000 minimum homeowner territories
- Local marketing toolkit and national lead generation programs
- Low inventory, no franchisee manufacturing
- Proprietary 3D design software
- Residential and commercial client mix
- Work from home
PremierGarage is a turnkey business with a quick ramp-up and national brand recognition. We’re part of the Home Franchise Concepts family, a powerhouse in the home services industry. Home Franchise Concepts has 10 brands under its umbrella, including AdvantaClean and Kitchen Tune-Up, as well as Concrete Craft, Aussie Pet Mobile, Lightspeed Restoration, The Tailored Closet, and Two Maids. Our strong support team is ready to help guide you on your journey.
“Every time I need anything, I can call or email them, and they’ll pick up the phone or get back to me — not just one individual, but a whole group of team members who can help me out. It really makes a difference,” said Jay Kim, a PremierGarage franchisee in Atlanta.
Inquire now about our garage franchise opportunity and we’ll connect you with an expert from our franchise team.
*See FDDs for details.