Labor Panes Franchise Adds Professional Landscape Lighting to Their Business Model
Projected Impact: Double Revenue Potential
Matthew, NC (PRWEB) October 28, 2013 - Tom Fenig who owned, developed and sold the largest outdoor lighting franchise system in the category-Outdoor Lighting Perspectives, is back in the franchise game with the addition of outdoor lighting to the Labor Panes Franchise business model.
"We essentially invented the outdoor lighting category and grew Outdoor Lighting Perspectives to 79 franchise locations. I am proud of this—even though most people thought I was insane back in 1995 when I hung my three piece suit and left corporate America for good! Further, Outdoor Lighting Perspectives today remains the most successful franchise in this category. They are thriving with what is essentially the same best practices today—further validating both the business model and the growing market demand for professional outdoor lighting."
Fenig reports that energy-efficient, 10,000 hour life LED lighting sources have been selected. The products will generally be solid cast brass and competitively priced to the Labor Panes Franchise owners to ensure solid profit margins. Many of the past challenges associated with outdoor lighting are solved with the change to LED. The results are better and the installations are much simpler.
"This is frankly the most significant change in our history. And it simply makes sense to offer lighting because we are already providing over a dozen other home maintenance and repair services to the same customer who needs outdoor lighting. The typical Labor Panes client is an affluent, image conscious, busy residential homeowner who takes immense pride in their home and outside living spaces. We already make their homes sparkle during the day so why not make them sparkle at night?"
In 1995, I started Outdoor Lighting Perspectives by doing every single aspect of the work from marketing and sales to installation and accounting. I know what it takes for our business owners to succeed in outdoor lighting. I am really excited to see the Labor Panes Franchisees take off with this change—we know our standard home services work and we know outdoor lighting works—so combining the two should be very special.
Fenig also added that the total start up costs of Labor Panes even with the addition of Outdoor Lighting will be similar to the investment level required by the leading window cleaning franchises—that offer just that—only window cleaning.
"It is a great opportunity for someone who wants a scalable business model, with an accelerated break even point…a franchise that is essentially two franchise profit centers with a single franchise fee. Our territories are sized perfectly for our owners to prosper. And a recent Wall Street Journal article reported the home improvement sector is rated as one of the single fastest growing areas of the US economy."
Fenig close by saying, "Labor Panes is not just the right opportunity at the right time but the best UNIQUE franchise opportunity at the right time."
Average outdoor lighting sales are reported by some of the largest lighting franchise systems—including Outdoor Lighting Perspectives to be in excess of $2,400 with a 56% profit margin.
About Labor Panes
For more information on Labor Panes Franchise and all of their home services – including Outdoor Lighting, contact Tom Fenig - Owner and Franchise Development Director.
Labor Panes Franchising, Inc