According to Ripples’ independent financial advisors, Ripples franchisees can expect to see a return on their investment within three years. But what does the investment entail? As a franchisee, you will need a showroom although its size doesn’t necessarily align with the showroom’s performance. Typically, the brand looks for a minimum of 1,500 sq ft, although they have showrooms that are 5,000 sq ft in size.
Being a part of the Ripples network means you don’t just build a successful business, you can also focus on personal satisfaction. This is achieved through a multi-tiered brand offering which means you can take advantage of a multi-award winning franchise’s brand, industry leading gross profit margins, a proven franchise model for nearly 20 years, founding partners with over 40 years of industry experience, 15 franchised showrooms, operate in a market that’s worth around £ 1billion, and franchisees who consistently achieve gross profits of 45% compared to the industry average of 30%.
If all this sounds good, you’re ready to talk to the franchisor. First, there will be a getting to know each other session where both you and the franchisor will be able to outline and establish your mutual objectives. Remember that the brand is looking to partner with individuals who accept and value the “family feel” of the franchise.
Once both parties have agreed to work together, you will get help in searching for a property and it would normally take around eight weeks from the time you get your keys to your opening date. During this time, you’ll be provided with all the training and support you need to open and run your Ripples bathroom franchise.
Who Are They Looking For?
Although all the Ripples franchisees come from a variety of different backgrounds, skill sets and qualities, with Ripples, you will get help to develop the skills you may be lacking while also helping you build on your existing strengths to help you build your business. As a result, while bathroom experience is not essential, it can both help and hinder your progress. It’s ultimately up to you. This is why the brand is looking for people with strong management and sales skills, successful driven and a go-getter plus a desire to succeed.