Horse Power Brands Acquires Mighty Dog Roofing, Revs Up Franchise Opportunity
Release Date: 4/6/2021
- Service-Based Parent Poised to Grow $1 Billion+ Brand Portfolio through 'Responsible Franchising' -
DOYLESTOWN, Pa. -- Horse Power Brands, a newly formed owner and operator of service-based franchise systems, is on a positive trajectory with the recent acquisition and impressive early growth of its first portfolio brand - Mighty Dog Roofing. Just six months into the investment, the company has awarded 40+ locations to its first 13 Mighty Dog Roofing franchisees across 10 states, and is on track to sign a total of 50 franchise locations by the end of the first quarter 2021.
Partners Josh Skolnick, Zachery Beutler and Erik Van Horn teamed up last year to form Horse Power Brands with a goal to improve the franchisor-franchisee experience and ROI in the service-based franchise sector. Skolnick, a serial entrepreneur since his youth, founded Monster Tree Service in 2008 and grew it into a multi-million-dollar franchise with over 225 territories across the U.S. before selling it to Authority Brands in 2020. In 2018, Skolnick took over Redbox+, a patented combination portable toilet and dumpster rental service turning it into a nationally recognized brand with over 285 territories.
Beutler was a multi-unit franchisee for Complete Nutrition and Color World Housepainting, and has extensive experience in franchise sales with 5 different brands and as Chief Development Officer of Redbox+ prior to joining Horse Power Brands. Van Horn has vast knowledge in franchising having been a multi-unit franchisee, master franchisee and area developer with brands including Sola Salon Studios, Amazing Lash Studios and Yoga Six, as well as being a well-known franchise consultant and franchise industry podcaster.
The trio, who crossed paths over their years in franchising together, plan to become the industry's next major service-based conglomerate with a clear differentiator – active involvement in the operations and franchisee support of its portfolio brands. Horse Power is laser-focused on ROI by delivering systems, service and support, so franchisees can focus on sales and production to maximize monetization.
"The standard practice in our industry has become a race to 100 units sold, often without sensible offerings nor a clear vision to actually open all 100 locations. That's not success. We are focused on providing atypical efforts and services to ensure we not only sell franchises responsibly, but open them with the tools to ensure the franchisees' growth and longevity," Skolnick said. "This is what sets us apart and why we'll become a portfolio of service brands with $1 billion+ in revenue."
Mighty Dog Roofing was an ideal first investment for the group. Due to the housing boom that occurred in the early 2000s, many homeowners today are having to do their first roof replacements. In addition, recent winter storms in the South and across the country have wreaked havoc on homes, further driving demand to not only repair those damages, but install better roofing systems to prepare for the future.
Specializing in commercial and residential roofing, gutters, siding, windows, skylights and storm damage, Mighty Dog Roofing is an industry changer. Founded in 2012 by construction industry real estate expert Jon Sabo, a former U.S. Marine who remains involved in the business, Mighty Dog Roofing prides itself on leading with integrity, finding innovative ways such as drone technology to exceed the expectations of its clients. The company has longstanding partnerships with the nation's top product manufacturers, providing customers with the best warranties.
Utilizing vetted sub-contractors to conduct the work, franchisees have low overhead and are provided with technology and support that keeps operations seamless and simple. Mighty Dog Roofing is seeking single- and multi-unit franchisees across the country, focusing on Nebraska, Iowa, Kansas, Ohio, Oklahoma, Missouri, Texas, Indiana, North and South Carolina. According to Beutler, ideal franchisees are "operations-based thinkers, those with management experience and who are optimistic." The initial investment to open a Mighty Dog Roofing franchise ranges between $200,000 and $300,000, he said.
Sharing a goal to see franchisees open and grow successful businesses, Skolnick, Beutler and Van Horn said the formation of Horse Power Brands is the high point of their respective franchising careers.
"After awarding franchises, we have the means and experience to actually get the locations open quickly," Van Horn said. "Seeing the franchisees open successful is extremely gratifying. Each of us have had years of experience as franchisees, franchisors, developers and consultants. We are where private equity meets operational excellence."
About Mighty Dog Roofing
Mighty Dog Roofing is a growing roof repair and replacement franchise, also offering innovative products and services for gutters, siding, windows, skylights and storm damage. Backed by four of the nation's top entrepreneurs with over 25 years of combined experience in the construction, service-based sector and in franchising, Mighty Dog Roofing is endorsed by the nation's top manufacturers and distributors, offering customers the industry's best and most innovative products and services with the best warranties. Founded in 2012, Mighty Dog Roofing began franchising in 2020 after being acquired by Horse Power Brands, an owner and operator of a growing portfolio of service-based franchise systems. Horse Power Brands is the 1st parent company of its kind – built from the ground up by franchisees and franchisors, for franchisees. For more information on Mighty Dog Roofing and its franchise opportunity, visit https://mightydogroofing.com/franchising.
SOURCE Mighty Dog Roofing LLC
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