Finding a franchise business model that offers both financial stability and growth potential can be challenging. A franchise with recurring revenue offers a predictable and stable income stream over time by turning one-time customers into long-term clients. Learn the best recurring revenue business ideas and how Joshua Tree Experts stands out.
What is a Recurring Revenue Business?
This is a business selling a product or service on a repeated basis, typically through subscriptions, memberships, or ongoing service agreements. Customers pay on a regular schedule for regular access to a product or service.
As the popularity of online shopping continues to grow, the number of businesses with subscription-based business models is surging. Over the past 11 years, subscription-based companies grew 3.7 times faster than companies in the S&P 500, according to Zuora. Customers can now subscribe to regular deliveries of various items, including dog food, cosmetics, clothing, coffee, and wine.
Advantage of Recurring Revenue
Although you’ll need to focus on first-class customer service to get clients to commit to making ongoing payments, there are many advantages to choosing a franchise focused on recurring revenue.
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Predictable income to help with cash flow management.
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Enables you to build relationships with customers to improve loyalty.
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Potential for stable growth enhances exit planning.
Recurring Revenue Business Ideas
Check out some of the best opportunities:
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Lawn care services: Americans are doing their best to juggle work responsibilities, childcare, and household chores. They’re increasingly relying on home service providers to lighten the load. The average homeowner spent $13,667 on their homes last year, up 6% from 2022, according to Angi. Regular maintenance services such as mowing, fertilization, and pest control have ongoing contracts.
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Fitness memberships: Gyms, yoga studios, and personal trainers can offer monthly memberships or class passes.
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Pet food delivery: Americans spent $147 billion on their pets in 2023. To ensure their furry friends have a balanced diet, many pet owners are turning to specialty pet food delivery for both convenience and quality.
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Cleaning services: In a bid to focus on self-care, people are hiring cleaning services to keep their homes clutter-free and banish germs. The U.S. Department of Commerce forecasts 80% of dual-income households will use a cleaning service over the next few years.
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Maintenance contracts: For anything from HVAC systems to office printers, offering regular check-ups and services is a classic recurring business model for both homeowners and commercial businesses.
Joshua Tree Experts: Recurring Revenue and Multiple Profit Centers
Joshua Tree Experts’ business relies on a recurring revenue model to ensure local owners drive consistent sales. We have an in-house contact center offering support services and lead qualification, helping you build a loyal customer base. Our company-owned location in Stockertown, Pennsylvania, had 6,509 clients in 2023 and 78% of them were returning customers.*
Unlike other tree removal companies, we help franchisees deliver a comprehensive range of services. Joshua Tree Experts has built a trusted name in tree services, lawn care, and pest control. Having multiple franchise revenue streams makes us a one-stop shop for lawn care services. We offer a proven business model with the training and support you need to become the leading tree and lawn care services provider in your community.
To learn more about Joshua Tree Experts and the benefits of customer loyalty, submit a franchise inquiry form and we will be in touch.
*See FDD for details.
