How People Are Making $100k–$200k/Year With Franchises (Without Starting from Scratch) (Part 2/2)
About this episode
In this episode, Brien Gearin and franchise expert Greg Mohr discuss the realities of owning a franchise, including success stories and key strategies for profitability.
#897 What does it actually look like to own and operate a thriving franchise — and how much can you really make? In Part 2 of this two-part episode, host Brien Gearin continues his conversation with franchise expert Greg Mohr, diving into real-world examples of successful franchisees, including a wife who won Rookie of the Year in her first year running an electrical services franchise. Greg breaks down what to expect in terms of revenue and profit across different business types, how to approach semi-absentee ownership, and why buying multiple territories can be a game-changer. He also covers how franchisors help with hiring, the most common mistakes new franchisees make, and which industries are thriving right now — from essential home services to senior care — along with a few to approach with caution! What we discuss with Greg: + Real-world franchise success stories + Semi-absentee vs. full-time ownership + Hiring the right people + Buying multiple territories + How territories are mapped out + Common franchisee mistakes to avoid + Best industries to invest in now + Industries to approach with caution + Treating your franchise as an asset, not a job Thank you, Greg! Check out…
People in this episode
Host: Brien Gearin
Guest: Greg Mohr
Mentioned in this episode
Organizations: Franchise Maven
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