Considering that franchising spans nearly every industry these days, it was only a matter of time before someone figured out how to franchise robotics. That someone is Elad Inbar, founder and CEO of RobotLAB, which, this week, launched a franchising program.
“The national conversation around artificial intelligence and the resulting interest in the inherent advantages of robotics has created a strong tailwind that’s propelling the industry demand for a more efficient and cost-effective approach to business in critical sectors,” he said in a company press release. “As the incorporation of robots becomes increasingly ubiquitous, franchising allows RobotLAB to better serve our growing customer base with passionate, well-trained and skilled franchisees who are experts in the communities where they operate and will provide the highest level of customer service, including timely robot demos, training, service, repair and more.”
Ideal for entrepreneurs looking to enter the franchising world, as well as experienced franchisees wanting to diversify their portfolios, the robotics franchise program features minimal overhead, comprehensive training, limited staffing requirements and attractive revenue opportunities. It has virtually no buildout, quick setup and features the potential for high returns, as robotics solutions can be integrated seamlessly into nearly every business, according to Paul Knaack, director of franchising at RobotLAB.
“After 15 years of successfully integrating robots across many economically critical industries, franchising was an obvious next step in maintaining top-tier customer service and meeting the ever-increasing national demand for robotics solutions,” he said in the release. “As our franchising program expands, we will continue to eliminate distance- and demand-related obstacles, resulting in faster, one-on-one service for business owners eager to harness the power of robotics integration.”
Franchise Disclosure Documents have been cleared in nearly 40 states with the remainder on track for completion by year’s end. Franchisees will select territories covering areas of 150,000 people and will have full licenses to market, sell, program, deploy and service robots for all businesses in the territory.