Industry Analysis & Industry Trends
Over the past five years, the Tradesman and Handyman Franchises industry has grown strongly. Industry operators are typically sole traders that perform of range of jobs such as gardening, building maintenance, plumbing, fencing and painting. Industry operators have benefited from the increasing number of consumers that lack both the time and skills to perform labour-intensive manual tasks around the home. As a result, the industry has grown at an annualised 3.2% over the five years through 2013-14 to total $881.9 million.
The steady rise in the number of households over the past five years has aided industry growth. As more households take up residence in new dwellings, demand for industry services to make alterations or perform maintenance work is likely to increase... purchase to read more
Industry Report - Industry Investment Chapter
The Tradesman and Handyman Franchises industry exhibits a low level of capital intensity. Despite a heavy focus on capital costs, the industry is highly labour intensive, requiring labour functions to perform the majority of the jobs requested by consumers. As mentioned, the majority of the payments received by tradesman and handyman is retained as profit due to their operation as sole traders, resulting in low overall wages that are paid to core administrative staff working in industry enterprise headquarters. IBISWorld expects that capital intensity has increased over the past five years. Industry participants are increasing their job effectiveness and range of jobs able to be performed as competition heats up... purchase to read more