Join Stacie in this episode of The Franchise Life as she meets up with Whit Shepherd, Brand Director for iFOAM.
Insulation can come in many different forms but the latest new trend is in the way of foam, and that’s exactly what iFOAM specializes in. Whit shares that this “need-based” service not only focuses on residential homes but also commercial properties, new construction and metal buildings, the list goes on! And what does that mean to the franchisee? Multiple-revenue streams!
During this episode, Whit dives into how iFOAM is truly a technology-based business from it’s home energy performance testing to its KATALYST-Artifical Intelligent Equipment to is Customer Relationship Management (CRM) tool. He gave an insightful overview of what partnering up with iFoam looks like and how it has been so successful due to its innovative technology, robust assistance system, and great team culture.
From a financial perspective, iFOAM franchisees are experiencing an average ticket of $7,388 per job, with an average EBITDA of 31.5% per the Franchise Disclosure Documents Item 19.