September 6, 2023 by Ewell Smith
This episode is brought to you by franchise & funding.
To learn about the franchise brands Zach shares, go to https://www.franchiseandfunding.com/contact
Products we ❤️ for our health:
Zach shares how he overcame massive challenges and his incredible journey through the world of franchising . He uncovers critical insights and strategies that are invaluable as you explore franchising opportunities.
Gratitude and Fortuitous Beginnings: Zach begins the discussion by expressing gratitude for the opportunities that have paved his way in franchising. He acknowledges the role of key individuals and the right circumstances that set him on his entrepreneurial journey. Zach highlights the unique camaraderie within the franchising industry, where even competitors are willing to share their secrets and offer support.
From Retail Nutrition to Franchisee: Zach's journey began as a part-time associate at a retail nutrition store, where he quickly rose to become a store manager by demonstrating his entrepreneurial skills. He shares his transition into franchising when he recognized the potential for expansion in the nutrition industry. At the age of 21, he ventured into franchising, opened his first location, and achieved remarkable success, only to face a significant setback that led to bankruptcy.
Learning from Mistakes: Zach's experience of bankruptcy served as a valuable learning opportunity. He then partnered with another franchisee and managed to grow a brand from 10 to 68 locations, generating $40 million in revenue. This experience taught him the importance of support and effective processes for franchisees.
The Birth of Horsepower Brands: After selling his equity in a successful franchise, Zach ventured into franchise development and consulting. He eventually partnered with Josh Skolnick, and together they launched Horsepower Brands. Their vision was to create a franchisor that offers unparalleled support to franchisees, helping them navigate the challenges of entrepreneurship. Their initial brand, Mighty Dog Roofing, was just the beginning of their journey.
Pillars of Success: Zach emphasizes the critical role of back-end support in the success of franchisees. Horsepower Brands provides comprehensive support in areas such as marketing, accounting, and operational processes, enabling franchisees to focus on growing their businesses. Zach underscores the need for structured processes that cater to franchisees with varying backgrounds and skills.
Investment Strategy: One of the key takeaways from the interview is Zach's advice on investment strategy. He encourages potential franchisees to look beyond the initial investment cost and consider the long-term return on investment. Zach believes that a higher initial investment in a concept with strong growth potential can lead to greater financial rewards in the future.
Future Growth and Vision: Zach concludes the interview by discussing his vision for Horsepower Brands. He aims to continue expanding their existing brands while exploring opportunities to launch new concepts. Zach's ultimate goal is to establish Horsepower Brands as a dominant player in the franchise industry, setting new standards for success.
In summary, Zach Buetler's journey through the world of franchising serves as an inspiring tale of resilience, growth and what's possible. His insights into the importance of competition, back-end support, long-term investment, structured processes, and visionary growth provide valuable lessons for anyone considering franchising as a path to entrepreneurial success.
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Nassau, NY
- Total Gross Revenue 2023: $1,300,000
- Number of Employees: 2 (1 Account Manager, 1 Night Manger)
- Resale Price is $450,000 (includes $120,000 initial franchisee fees)
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About The Author: Ewell Smith - Certified Franchise Consultant / Publisher - Close The Deal / Host - Close The Deal Podcast / Author - Your First Franchise Roadmap - Ewell serves aspiring entrepreneurs and Veterans considering a franchise. To learn more, contact Ewell.
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