Capitalize on Semi Absentee Franchising: Diversify Without the Time Commitment
What do a real estate investor, self-made entrepreneur and multi-unit investment group all have in common? More than enough passion and not enough time. The solution for this is semi-absentee franchise ownership.
Semi-absentee franchising opens up the opportunity to build a successful future with diversified investments. Here’s how to succeed as a semi-absentee franchise owner:
How do you succeed as a semi-absentee franchise owner?
Semi-absentee franchising typically allows the owner to enlist a manager to run the day-to-day operations onsite. Typically, semi-absentee franchise owners spend 10-15 hours a week working on the business. This lower time commitment offers unique flexibility, meaning owners can continue working a full-time job or diversify with other business investments.
This type of ownership works best for someone who can delegate and release control of the daily operations to their chosen manager. Selecting and training a manager that you can trust is key to success.
Let Your Portfolio Soar with a Launch Entertainment Franchise
At Launch Entertainment, our semi-absentee model means that franchisees can also focus on other projects or business ventures and while their Launch Park essentially runs itself. As an operator, you hire a general manager, assistant manager and sales manager to run the day-to-day procedures and ensure the business runs effectively.
Our state-of-the-art technology allows owners to access park sales and data remotely as well as our camera system. We also have a centralized call center to handle all inquiries and party bookings while our in-house marketing team plans and executes all marketing activities.
Many of our most successful Launch Entertainment operators are seasoned business executives and own several other businesses in their market. Like Arvish and Pinkal Patel, who have an extensive entrepreneurial background with several childcare franchises and other retail and convenience store businesses. Their skillset pairs well with Launch Entertainment ownership.
“We’ve owned and operated several concepts in the childcare and retail space, and when we started looking for our next business venture, Launch Entertainment stood out given its impressive model and diverse attraction mix,” said Patel. “With the support from the Launch corporate team, we are thrilled to be bringing Launch Entertainment to the communities that we’ve been serving for many years, and being able to offer a new full-service family entertainment concept to Edison.”
Let your portfolio soar with semi-absentee franchising. To learn more about multi-unit opportunities and open territories, fill out our inquiry form, and our team will be in touch.