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Summary
In this episode of the Franchise QB Podcast, host Mike Halpern interviews Josh Titler, National Franchise Recruiter with Belfor Franchise Group, about Blue Kangaroo Packoutz, a brand under the BFG umbrella. They discuss the background of Josh's franchising journey and how he got involved with Blue Kangaroo Packoutz. They also explore the services provided by BKP, such as contents restoration, and the demand for these services. Josh shares the history and growth of BKP, including its transition from O'Donnell Brothers to its current form. He also highlights the training and support provided to franchisees, the cost and performance of the business, and the ideal franchise owner profile. The episode concludes with a discussion on territories, ownership types, warehouse space, and equipment financing.
Takeaways
Blue Kangaroo Packoutz is a brand under the Belfor Franchise Group umbrella, which is the world's largest property restoration company.
Contents restoration is a key service provided by BKP, focusing on restoring and cleaning the contents of a property after a disaster.
Blue Kangaroo Packoutz has experienced significant growth, with over 100 territories open and plans to expand further.
Franchisees of BKP benefit from comprehensive training and support, including technical training, business development training, and ongoing improvement.
The cost to open a Blue Kangaroo Packoutz franchise ranges from $223,000 to $432,000, with financing options available.
BKP offers both active and executive ownership options, allowing franchisees to be actively involved in the business or have a more hands-off approach.
Territories for Blue Kangaroo Packoutz are based on population, with an average territory size of 1 million people.
BKP provides equipment financing options through a third-party relationship.
There are still opportunities for expansion in key markets, and Blue Kangaroo Packoutz is actively seeking franchisees in those areas.
Chapters
00:00
Introduction and Background in Franchising
03:03
Belfor Franchise Group and Blue Kangaroo Packoutz
08:13
Investing in Blue Kangaroo Packoutz
09:06
Understanding Contents Restoration
12:01
Services Provided by Blue Kangaroo Packoutz
14:48
History and Growth of Blue Kangaroo Packoutz
16:12
Demand and Referral Sources
19:33
Training and Support for Franchisees
20:58
Cost and Performance of Blue Kangaroo Packoutz
24:16
Territories and Ownership Types
28:30
Warehouse Space and Equipment Financing
30:50
Opportunities for Expansion
31:44
Conclusion
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
[email protected]
5
44 ratings
Summary
In this episode of the Franchise QB Podcast, host Mike Halpern interviews Josh Titler, National Franchise Recruiter with Belfor Franchise Group, about Blue Kangaroo Packoutz, a brand under the BFG umbrella. They discuss the background of Josh's franchising journey and how he got involved with Blue Kangaroo Packoutz. They also explore the services provided by BKP, such as contents restoration, and the demand for these services. Josh shares the history and growth of BKP, including its transition from O'Donnell Brothers to its current form. He also highlights the training and support provided to franchisees, the cost and performance of the business, and the ideal franchise owner profile. The episode concludes with a discussion on territories, ownership types, warehouse space, and equipment financing.
Takeaways
Blue Kangaroo Packoutz is a brand under the Belfor Franchise Group umbrella, which is the world's largest property restoration company.
Contents restoration is a key service provided by BKP, focusing on restoring and cleaning the contents of a property after a disaster.
Blue Kangaroo Packoutz has experienced significant growth, with over 100 territories open and plans to expand further.
Franchisees of BKP benefit from comprehensive training and support, including technical training, business development training, and ongoing improvement.
The cost to open a Blue Kangaroo Packoutz franchise ranges from $223,000 to $432,000, with financing options available.
BKP offers both active and executive ownership options, allowing franchisees to be actively involved in the business or have a more hands-off approach.
Territories for Blue Kangaroo Packoutz are based on population, with an average territory size of 1 million people.
BKP provides equipment financing options through a third-party relationship.
There are still opportunities for expansion in key markets, and Blue Kangaroo Packoutz is actively seeking franchisees in those areas.
Chapters
00:00
Introduction and Background in Franchising
03:03
Belfor Franchise Group and Blue Kangaroo Packoutz
08:13
Investing in Blue Kangaroo Packoutz
09:06
Understanding Contents Restoration
12:01
Services Provided by Blue Kangaroo Packoutz
14:48
History and Growth of Blue Kangaroo Packoutz
16:12
Demand and Referral Sources
19:33
Training and Support for Franchisees
20:58
Cost and Performance of Blue Kangaroo Packoutz
24:16
Territories and Ownership Types
28:30
Warehouse Space and Equipment Financing
30:50
Opportunities for Expansion
31:44
Conclusion
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
[email protected]
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